NextEra Energy, Inc. vs T Rowe Price Group Inc — how do they compare? NextEra Energy, Inc. trades at $87.97 (market cap $183.53B), while T Rowe Price Group Inc trades at $115.59 (market cap $25.14B). The key difference: NextEra Energy, Inc. is far larger — about 7.3× T Rowe Price Group Inc's market cap, and T Rowe Price Group Inc pays the higher dividend (4.43%). Which is the better fit depends on your goals.
| NEE | TROW | |
|---|---|---|
Market Cap | $183.53B | $25.14B |
Sector | Utilities | Financials |
52-Week High | $97.88 | $120.16 |
52-Week Low | $69.77 | $86.19 |
Enterprise Value | $285.94B | $21.85B |
Dividend Yield | 2.83% | 4.43% |
Trailing returns across standard periods
NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of August 2022, the firm had $1.339 trillion in managed assets, composed of equity (54%), balanced (30%), fixed-income (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 10% of its AUM from overseas.
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