NextEra ranks first in its industry on Forbes “Most Admired Companies” list for 16th time in 17 years

by | Feb 3, 2023

  • FPL parent company NextEra Energy scored the top ranking in its industry on Fortune Magazine’s Most Admired Companies list for 2023
  • 2023 marks the 16th time in 17 years that NextEra scored first place on the electric and gas utility industry list
  • Publix Super Markets scored 44th on the worldwide list, but Fortune did not provide industry rankings for Publix
  • Ten other Florida-based companies made the list, but NextEra is the only one to rank first in its industry

NextEra Energy, Inc. has been named to Fortune’s 2023 list of the “World’s Most Admired Companies” and ranked first in the electric and gas utilities industry for the 16th time in 17 years, the company announced. The company, which includes Florida Power & Light and NextEra Energy Resources, received the highest overall company scores in Florida. The company received top marks in innovation, people management, use of corporate assets, financial soundness, long-term investment value, and for the quality of products/services in the electric and gas utilities industry.

Several other Florida companies also made the overall list, including Lakeland-based Publix Super Markets, which scored 44th worldwide, down two places from last year. But NextEra is the only Florida-based company to score first place in its own industry (Fortune did not have enough data to rank Publix within the grocery industry).

NextEra is the world’s largest generator of renewable energy from wind and sun and a leader in battery storage. According to a press release, the company added over 8,000 MW to its backlog in 2022 and invested more than $19 billion in clean energy infrastructure, making it one of the largest capital investors in the US.

Despite a tough year in the stock market in 2022, NextEra Energy nevertheless outperformed the S&P 500 Index by nearly 10% last year.

Its flagship business unit, FPL, is the national leader in solar energy, adding 450 MW of cost-effective solar in service in 2022 and began construction of its first-of-its-kind “green hydrogen” facility. According to industry data, FPL consistently delivers low bills, high reliability, outstanding customer service, and clean energy solutions to its 5.8 million customers in Florida and was recognized as the most reliable electric utility in the nation for the seventh time in eight years. FPL also responded to two major storms in 2022 and was able to restore service to 2.1 million affected customers within eight days.

Here’s the full list of Florida-based companies to make the Fortune “Most Admired Companies” list:

Company Name
44 Publix Super Markets Food and Drugstores
76 AutoNation Specialty Retailers 7
99 Carrier Global Industrial Machinery 5
105 Chewy Internet Services and Retailing 4
117 CSX Trucking, Transportation, Logistics 6
182 L3Harris Technologies Aerospace and Defense 7
188 Lennar Homebuilders 2
215 NextEra Energy Electric and Gas Utilities 1
245 Raymond James Financial Securities and Asset Management 3
254 Ryder System Trucking, Transportation, Logistics 3

1 Comment

  1. Bobby Alfay

    For the 16th time in 17 years, NextEra Energy has topped Forbes’ “Most Admired Companies” list in the electric and gas utilities sector. The company is known for its commitment to clean energy and sustainability, making it a top choice for investors looking for socially responsible investments.

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