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Compare · AVLR vs NEE

AVLR vs NEE

Side-by-side comparison of Avalara Inc. (AVLR) and NextEra Energy Inc. (NEE): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both AVLR and NEE operate in EDP Services (Technology), so they compete in similar markets.
  • NEE is the larger of the two at $204.11B, about 22.8x AVLR ($8.97B).
  • NEE has hit the wire 8 times in the past 4 weeks while AVLR has been quiet.
  • NEE has more recent analyst coverage (25 ratings vs 17 for AVLR).
MetricAVLRNEE
Company
Avalara Inc.
NextEra Energy Inc.
Price
$93.48+0.04%
$97.89+3.93%
Market cap
$8.97B
$204.11B
1M return
-
+5.37%
1Y return
-
+48.24%
Industry
EDP Services
EDP Services
Exchange
NYSE
NYSE
IPO
2018
News (4w)
0
8
Recent ratings
17
25
AVLR

Avalara Inc.

Avalara, Inc., together with its subsidiaries, provides cloud-based solutions for transaction tax compliance worldwide. The company offers a suite of compliance solutions that enable businesses to address the complexity of transaction tax compliance; process transactions in real time; produce detailed records of transaction tax determinations; and reduce errors, audit exposure, and total transaction tax compliance costs. The company's solutions include AvaTax, a solution for determining sales tax in the United States; Avalara Returns for tax return preparation, filing, and remittance; and Avalara Compliance Document Management solution, which creates, validates, stores, and manages sales tax exemption and reseller certificates. It also provides professional services, including nexus studies and analysis, voluntary compliance initiatives, tax registrations, and specialized tax research; MatrixMaster, a product taxability database for retail operations; Avalara CloudConnect, a hardware device for processing and storing transactions on-site for regularly scheduled uploads to AvaTax; Avalara Licensing, an online platform for business licenses and sales tax registrations; VAT Expert, a Web-based solution that checks the validity of customer and supplier value-added tax (VAT) numbers and provides VAT determinations in the form of invoices; and Brazilian tax compliance solutions that address the Brazilian transaction tax regimes through electronic compliance report validation, electronic invoice authentication and preparation, tax determination, and returns preparation; and Avalara Item Classification, a solution that addresses the process of assigning proper country-specific Harmonized System codes to products. The company was formerly known as Advantage Solutions, Inc. and changed its name to Avalara, Inc. in December 2005. Avalara, Inc. was incorporated in 1999 and is headquartered in Seattle, Washington.

NEE

NextEra Energy Inc.

NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, and fossil fuel, such as coal and natural gas facilities. It also develops, constructs, and operates long-term contracted assets with a focus on renewable generation facilities, electric transmission facilities, and battery storage projects; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. As of December 31, 2020, the company operated approximately 28,400 megawatts of net generating capacity. It serves approximately 11 million people through approximately 5.6 million customer accounts in the east and lower west coasts of Florida with approximately 76,200 circuit miles of transmission and distribution lines and 673 substations. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.

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