Home > Resources > Company Profiles > FPL Group, Incorporated

FPL Group, Incorporated (FPL)

Your Name

Your Email Address *
Send a copy to me

Recipient's Email Address *

Separate multiple email addresses (max 20) with commas.

Subject *

Message

0/1500

Enter the text you see in the image *

Letters are not case-sensitive, disregard spaces.

Try a New One

This helps us prevent automated registrations and spamming.

Email Confirmation

Lewis Hay, III , CEO/Chairman of the Board/Director

www.fplgroup.com

Industry: Energy and Utilities

OPEN

LAST

PREV CLOSE

CHANGE

VOLUME

Overview

News

People

Financials

Overview

The Company is a provider of electricity-related services with two operating subsidiaries, FPL and FPL Energy.

News Feeds

FP&L bills to rise by about 8% South Florida
Jul 02 2008
ND regulators prepare for huge wind projects AP
Jul 02 2008
Fla. consumers to see higher utility bills AP
Jul 01 2008
PSC to address FP&L fuel charge, green program South Florida
Jul 01 2008
Wind developer plans $2 billion ND project AP
Jun 26 2008
Florida Power & Light boosting solar capacity AP
Jun 25 2008
ND: Minot finds interest in private wind towers AP
Jun 25 2008
PSC staff recommends OK for FP&L fuel charge South Florida
Jun 24 2008
Report: FPL green energy program misleading AP
Jun 24 2008
Wind a new opportunity for community colleges AP
Jun 23 2008

Press Releases

Chairman and CEO of Nation's Largest Wind and Solar Energy Company Calls for Urgent Action on Climate Change Jun-25-2008, 02:30PM EDT
FPL Announces Plans for New Solar Energy Generation, Including World's Largest Photovoltaic Solar Project and First Solar Thermal 'Hybrid' Energy Center Jun-25-2008, 02:30PM EDT
FPL Energy and Minnesota Power Dedicate North Dakota Wind Farm Jun-24-2008, 11:30AM EDT
Fitch Rates FPL Group Capital Debentures 'A' Jun-12-2008, 11:13AM EDT
FPL Group Capital Announces Sale of a Total of $500 Million of Debentures Guaranteed by FPL Group Jun-11-2008, 04:54PM EDT

News From Around the Web

News

FPL Group to help employees find driving mates for ride into work (Palm Beach Post)

Jul 06 2008
PSC allows power companies to increase rates (BizJournals)

Jul 06 2008
Good, bad, ugly (Florida Today)

Jul 06 2008
What FPL wants next (Palm Beach Post)

Jul 04 2008
FPL plans $2 billion ND wind project (Power Engineering)

Jul 03 2008
FPL restoring power to 200 Treasure Coast customers after storm (TCPalm)

Jul 03 2008
Local Surfrider Foundation protests FPL turbines with more than 1,000 signatures (TCPalm)

Jul 03 2008
Revised Solar Station Plan To Include Solar-Gas Hybrid (Engineering News-Record)

Jul 03 2008
Alternative Energy: More Attractive but No Quick Fix (SeekingAlpha)

Jul 03 2008
N.D. agency approves FPL wind project (Miami Herald)

Jul 03 2008

Blogs

Three growth favorites in alternative energy (Blogging Stocks)

Jun 30 2008

Employees

Number of Employees: 10,500

Revenue per Employee: $1,461,731

Top Executives

K. Michael Davis, Subsidiary Vice President/Controller/Chief Accounting Officer

Armando J. Olivera, Subsidiary President

Edward F. Tancer, Subsidiary Senior VP/Vice President/Assistant Secretary/General Counsel

Moray P. Dewhurst, Vice President/Senior VP, Subsidiary/CFO

Robert H. Escoto, Subsidiary Senior VP/Divisional Vice President/Assistant Secretary

Antonio Rodriguez, Subsidiary Senior VP/Vice President

John A. Stall, Subsidiary Senior VP/Vice President, Divisional

Christopher A. Bennett, Vice President/Other Executive Officer

Paul I. Cutler, Treasurer/Assistant Secretary

Armando Pimentel, Vice President, Divisional/Senior VP, Subsidiary

Robert L. McGrath, Divisional Vice President/Senior VP, Subsidiary

F. Mitchell Davidson, President, Subsidiary

James L. Robo, President/COO

Board of Directors

Robert M. Beall, II, Director

Toni Jennings, Director

Hansel E. Tookes, II, Director

Rudy E. Schupp, Director

Sherry S. Barrat, Director

J. Brian Ferguson, Director

Paul R. Tregurtha, Director

J. Hyatt Brown, Director

Michael H. Thaman, Director

Oliver D. Kingsley, Jr., Director

James L. Camaren, Director

Financials

Quarterly

Annual

Income Statement	05/2008	01/2008	10/2007	07/2007
Sales	2.32 Bil.	2.58 Bil.	2.99 Bil.	2.63 Bil.
Gross Operating Profit	834 Mil.	827 Mil.	1.26 Bil.	1.02 Bil.
Operating Income before D & A (EBITDA)	834 Mil.	827 Mil.	1.26 Bil.	1.02 Bil.
Total Income Before Interest Expenses (EBIT)	473 Mil.	442 Mil.	950 Mil.	705 Mil.
Total Net Income	249 Mil.	224 Mil.	533 Mil.	405 Mil.
Basic EPS, Total	0.62	0.15	1.34	1.02
Diluted EPS, Total	0.62	-0.56	1.33	1.01

BALANCE STATEMENT	05/2008	01/2008	10/2007	07/2007
Cash and Equivalents	603 Mil.	NA	350 Mil.	723 Mil.
Total Assets	4.28 Bil.	NA	4.38 Bil.	4.7 Bil.
Total Liabilities	5.88 Bil.	6.33 Bil.	6.87 Bil.	6.19 Bil.
Total Capitalization	23.02 Bil.	19.52 Bil.	21.46 Bil.	20.52 Bil.

Cash Flow	05/2008	01/2008	10/2007	07/2007
Net Cash From Continuing Operations	1.32 Bil.	3.59 Bil.	2.75 Bil.	1.85 Bil.
Net Cash From Investing Activities	-1.19 Bil.	-4.58 Bil.	-3.88 Bil.	-1.84 Bil.
Net Cash From Financing Activities	184 Mil.	655 Mil.	866 Mil.	92 Mil.
Net Change in Cash & Cash Equivalents	313 Mil.	-330 Mil.	-270 Mil.	103 Mil.

Income Statement	2008	2007	2006	2005
Sales	10.36 Bil.	10.88 Bil.	7.96 Bil.	6.84 Bil.
Gross Operating Profit	3.77 Bil.	3.7 Bil.	2.96 Bil.	2.8 Bil.
Operating Income before D & A (EBITDA)	3.77 Bil.	3.7 Bil.	2.96 Bil.	2.8 Bil.
Total Income Before Interest Expenses (EBIT)	2.44 Bil.	2.36 Bil.	1.72 Bil.	1.61 Bil.
Total Net Income	1.31 Bil.	1.28 Bil.	885 Mil.	887 Mil.
Basic EPS, Total	3.27	3.25	2.33	2.46
Diluted EPS, Total	3.48	3.23	2.29	2.46

BALANCE STATEMENT	2008	2007	2006	2005
Cash and Equivalents	NA	620 Mil.	530 Mil.	225 Mil.
Total Assets	NA	5 Bil.	4.99 Bil.	2.53 Bil.
Total Liabilities	6.33 Bil.	6.49 Bil.	7.27 Bil.	4.25 Bil.
Total Capitalization	19.52 Bil.	19.52 Bil.	16.54 Bil.	15.56 Bil.

Cash Flow	2008	2007	2006	2005
Net Cash From Continuing Operations	3.59 Bil.	2.5 Bil.	1.55 Bil.	2.65 Bil.
Net Cash From Investing Activities	-4.58 Bil.	-3.81 Bil.	-2.16 Bil.	-1.87 Bil.
Net Cash From Financing Activities	655 Mil.	1.4 Bil.	923 Mil.	-682 Mil.
Net Change in Cash & Cash Equivalents	-330 Mil.	90 Mil.	305 Mil.	96 Mil.

FPL Group, Incorporated (FPL)

Company Information

Overview

Employees

Top Executives

Board of Directors

Financials

Company Profile Change Request