8-K Announcements
6Apr 14, 2026·SEC
Apr 7, 2026·SEC
Mar 4, 2026·SEC
NRG Energy, Inc. (NRG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NRG Energy, Inc. (NRG) stock price & volume — 10-year historical chart
NRG Energy, Inc. (NRG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
NRG Energy, Inc. (NRG) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 24, 2026 | $1.03vs $0.97+6.0% | $7.8Bvs $6.7B+16.3% |
| Q4 2025 | Nov 6, 2025 | $2.75vs $2.14+28.5% | $7.6Bvs $7.5B+2.3% |
| Q3 2025 | Aug 6, 2025 | $1.68vs $1.74-3.4% | $6.7Bvs $6.5B+4.5% |
| Q2 2025 | May 12, 2025 | $2.62vs $1.75+49.7% | $8.6Bvs $7.9B+8.4% |
NRG Energy, Inc. (NRG) competitors in Integrated Retail and Generation — business model, growth, and fundamentals comparison
NRG Energy, Inc. (NRG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NRG Energy, Inc. (NRG) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.07B | 9.48B | 9.82B | 9.09B | 26.99B | 31.54B | 28.82B | 28.13B | 30.71B |
| Revenue Growth % | 1.78% | 4.45% | 3.62% | -7.41% | 196.81% | 16.87% | -8.62% | -2.4% | 9.17% |
| Cost of Revenue | 6.89B | 7.11B | 7.3B | 6.54B | 20.48B | 27.44B | 26.53B | 22.1B | 24B |
| Gross Profit | 2.19B▲ 0% | 2.37B▲ 8.3% | 2.52B▲ 6.2% | 2.55B▲ 1.4% | 6.51B▲ 154.9% | 4.1B▼ 37.0% | 2.3B▼ 44.0% | 6.03B▲ 162.5% | 6.71B▲ 11.3% |
| Gross Margin % | 24.11% | 25.01% | 25.64% | 28.08% | 24.11% | 13% | 7.97% | 21.44% | 21.85% |
| Gross Profit Growth % | -2.28% | 8.32% | 6.24% | 1.39% | 154.88% | -36.99% | -43.98% | 162.52% | 11.28% |
| Operating Expenses | 2.93B | 1.39B | 1.23B | 1.45B | 3.17B | 2.08B | 1.91B | 3.61B | 4.86B |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| EBITDA | -40M | 1.52B | 1.79B | 1.66B | 4.18B | 2.74B | 1.68B | 3.83B | 3.81B |
| EBITDA Margin % | -0.44% | 16.06% | 18.2% | 18.3% | 15.48% | 8.68% | 5.83% | 13.6% | 12.39% |
| EBITDA Growth % | -104.34% | 3905% | 17.41% | -6.88% | 151.02% | -34.45% | -38.68% | 127.93% | -0.57% |
| Depreciation & Amortization | 701M | 540M | 497M | 559M | 836M | 720M | 1.29B | 1.4B | 1.96B |
| D&A / Revenue % | 7.73% | 5.7% | 5.06% | 6.15% | 3.1% | 2.28% | 4.49% | 4.99% | 6.37% |
| Operating Income (EBIT) | -741M▲ 0% | 982M▲ 232.5% | 1.29B▲ 31.4% | 1.1B▼ 14.3% | 3.34B▲ 202.4% | 2.02B▼ 39.6% | 384M▼ 81.0% | 2.42B▲ 531.3% | 1.85B▼ 23.7% |
| Operating Margin % | -8.17% | 10.36% | 13.14% | 12.15% | 12.38% | 6.4% | 1.33% | 8.62% | 6.02% |
| Operating Income Growth % | -2345.45% | 232.52% | 31.36% | -14.34% | 202.35% | -39.6% | -80.97% | 531.25% | -23.68% |
| Interest Expense | 557M | 483M | 413M | 401M | 485M | 417M | 667M | 651M | 772M |
| Interest Coverage | -1.33x | 2.03x | 3.12x | 2.76x | 6.89x | 4.84x | 0.58x | 3.72x | 2.40x |
| Interest / Revenue % | 6.14% | 5.1% | 4.21% | 4.41% | 1.8% | 1.32% | 2.31% | 2.31% | 2.51% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | -1.39B▲ 0% | 467M▲ 133.6% | 786M▲ 68.3% | 761M▼ 3.2% | 2.86B▲ 275.7% | 1.66B▼ 41.8% | -213M▼ 112.8% | 1.45B▲ 779.8% | 1.08B▼ 25.6% |
| Pretax Margin % | -15.31% | 4.93% | 8% | 8.37% | 10.59% | 5.27% | -0.74% | 5.15% | 3.51% |
| Income Tax | -44M | 7M | -3.33B | 251M | 672M | 442M | -11M | 323M | 214M |
| Effective Tax Rate % | 3.17% | 1.5% | -424.17% | 32.98% | 23.5% | 26.58% | 5.16% | 22.31% | 19.85% |
| Net Income | -2.15B▲ 0% | 268M▲ 112.4% | 4.44B▲ 1556.0% | 510M▼ 88.5% | 2.19B▲ 328.8% | 1.22B▼ 44.2% | -202M▼ 116.5% | 1.13B▲ 656.9% | 864M▼ 23.2% |
| Net Margin % | -23.73% | 2.83% | 45.19% | 5.61% | 8.1% | 3.87% | -0.7% | 4% | 2.81% |
| Net Income Growth % | -178.17% | 112.45% | 1555.97% | -88.51% | 328.82% | -44.17% | -116.54% | 656.93% | -23.2% |
| EPS (Diluted) | -6.79▲ 0% | 0.87▲ 112.8% | 16.81▲ 1832.2% | 2.07▼ 87.7% | 8.93▲ 331.4% | 5.17▼ 42.1% | -1.12▼ 121.7% | 4.99▲ 545.5% | 4.09▼ 18.0% |
| EPS Growth % | -205.86% | 112.81% | 1832.18% | -87.69% | 331.4% | -42.11% | -121.66% | 545.54% | -18.04% |
| EPS (Basic) | -6.79 | 0.88 | 16.94 | 2.08 | 8.93 | 5.17 | -1.12 | 5.14 | 4.09 |
| Diluted Shares Outstanding | 317M | 308M | 264M | 246M | 245M | 236M | 228M | 212M | 211.25M |
NRG Energy, Inc. (NRG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 23.32B | 10.63B | 12.53B | 14.9B | 23.18B | 29.15B | 26.04B | 24.02B | 260M |
| Asset Growth % | -23.18% | -54.42% | 17.91% | 18.92% | 55.56% | 25.73% | -10.66% | -7.74% | -98.92% |
| PP&E (Net) | 5.97B | 3.05B | 3.06B | 2.85B | 1.96B | 1.92B | 1.94B | 2.17B | 0 |
| PP&E / Total Assets % | 25.62% | 28.68% | 24.4% | 19.11% | 8.45% | 6.58% | 7.46% | 9.04% | 0% |
| Total Current Assets | 4.44B | 3.6B | 3.09B | 6.03B | 10.84B | 16.23B | 9.73B | 8.96B | 260M |
| Cash & Equivalents | 770M | 563M | 345M | 3.9B | 250M | 430M | 541M | 966M | 260M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Inventory | 453M | 412M | 383M | 327M | 498M | 751M | 607M | 478M | 0 |
| Other Current Assets | 1.97B | 1.3B | 1.09B | 635M | 5.76B | 9.89B | 5.04B | 4.03B | 0 |
| Long-Term Investments | 874M | 1.07B | 1.18B | 1.24B | 1.17B | 971M | 42M | 45M | 0 |
| Goodwill | 539M | 573M | 579M | 579M | 1.79B | 1.65B | 5.08B | 5.01B | 0 |
| Intangible Assets | 1.75B | 591M | 789M | 668M | 2.51B | 2.13B | 3.93B | 2.91B | 0 |
| Other Assets | 844M | 1.7B | 550M | 477M | 2.76B | 4.36B | 3.07B | 2.85B | 0 |
| Total Liabilities | 21.27B | 11.84B | 10.85B | 13.22B | 19.58B | 25.32B | 23.13B | 21.54B | 27.46B |
| Total Debt | 9.38B | 6.52B | 6.45B | 9.04B | 8.29B | 8.3B | 10.97B | 10.99B | 16.62B |
| Net Debt | 15.41B | 5.96B | 6.1B | 5.13B | 8.04B | 7.87B | 10.43B | 10.03B | 16.36B |
| Long-Term Debt | 9.18B | 6.45B | 5.8B | 8.69B | 7.97B | 7.98B | 10.13B | 9.81B | 16.56B |
| Short-Term Borrowings | 204M | 72M | 88M | 1M | 4M | 63M | 620M | 996M | 66M |
| Capital Lease Obligations | 0 | 0 | 556M | 347M | 317M | 263M | 218M | 183M | 0 |
| Total Current Liabilities | 3.32B | 2.4B | 2.36B | 1.92B | 7.92B | 12.98B | 9.5B | 8.81B | 8.03B |
| Accounts Payable | 684M | 863M | 722M | 649M | 2.27B | 3.64B | 2.33B | 2.51B | 2.83B |
| Accrued Expenses | 917M | 680M | 663M | 678M | 1.32B | 1.11B | 435M | 477M | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 176M | 720M | 711M | 748M |
| Other Current Liabilities | 1.49B | 783M | 813M | 518M | 4.23B | 7.9B | 5.31B | 4.05B | 4.38B |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Liabilities | 8.75B | 2.93B | 2.19B | 2.32B | 3.39B | 4.04B | 2.44B | 1.93B | 2.86B |
| Total Equity | 2.05B▲ 0% | -1.22B▼ 159.4% | 1.68B▲ 238.1% | 1.68B▲ 0.1% | 3.6B▲ 114.3% | 3.83B▲ 6.3% | 2.91B▼ 24.1% | 2.48B▼ 14.7% | 1.68B▼ 32.2% |
| Equity Growth % | -54.45% | -159.38% | 238.11% | 0.12% | 114.29% | 6.33% | -24.09% | -14.73% | -32.16% |
| Shareholders Equity | -346M | -1.23B | 1.66B | 1.68B | 3.6B | 3.83B | 2.91B | 2.48B | 1.68B |
| Minority Interest | 2.39B | 19M | 20M | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 4M | 4M | 4M | 4M | 4M | 4M | 3M | 2M | 2M |
| Additional Paid-in Capital | 8.38B | 8.51B | 8.5B | 8.52B | 8.53B | 8.46B | 3.42B | 705M | 0 |
| Retained Earnings | -6.27B | -6.02B | -1.62B | -1.4B | 464M | 1.41B | 820M | 1.53B | 1.98B |
| Accumulated OCI | -72M | -94M | -192M | -206M | -126M | -177M | -91M | -117M | -81M |
| Return on Assets (ROA) | -8.02% | 1.58% | 38.33% | 3.72% | 11.49% | 4.67% | -0.73% | 4.49% | 7.12% |
| Return on Equity (ROE) | -65.86% | 64.5% | 1917.06% | 30.38% | 82.84% | 32.88% | -6% | 41.79% | 41.55% |
| Debt / Equity | 4.59x | - | 3.84x | 5.38x | 2.30x | 2.17x | 3.78x | 4.44x | 9.89x |
| Debt / Assets | 40.24% | 61.36% | 51.45% | 60.66% | 35.75% | 28.48% | 42.13% | 45.75% | 6393.08% |
| Net Debt / EBITDA | - | 3.91x | 3.41x | 3.09x | 1.92x | 2.88x | 6.21x | 2.62x | 4.30x |
| Book Value per Share | 6.45 | -3.94 | 6.36 | 6.83 | 14.69 | 16.22 | 12.75 | 11.69 | 7.96 |
NRG Energy, Inc. (NRG) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 1.61B | 1.38B | 1.41B | 1.84B | 493M | 360M | -221M | 2.31B | 1.91B |
| Operating CF Growth % | -15.62% | -14.47% | 2.61% | 30.01% | -73.16% | -26.98% | -161.39% | 1143.44% | -17.04% |
| Operating CF / Revenue % | 17.74% | 14.53% | 14.39% | 20.2% | 1.83% | 1.14% | -0.77% | 8.2% | 6.23% |
| Net Income | -1.55B | 460M | 4.44B | 510M | 2.19B | 1.22B | -202M | 1.13B | 864M |
| Depreciation & Amortization | 701M | 540M | 497M | 559M | 836M | 688M | 1.17B | 1.07B | 896M |
| Deferred Taxes | 13M | 5M | -3.35B | 228M | 604M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 2.64B | 820M | 3.37B | 126M | -40M | 1.13B | -911M | 1.04B | 19M |
| Working Capital Changes | -432M | -281M | -3.56B | 392M | -3.12B | -2.71B | -383M | -1.04B | 0 |
| Capital Expenditures | -639M | -388M | 556M | -494M | -3.04B | -367M | -910M | -472M | -1.15B |
| CapEx / Revenue % | 7.04% | 4.09% | 5.66% | 5.43% | 11.26% | 1.18% | 3.16% | 1.74% | 3.73% |
| CapEx / D&A | 0.91x | 0.72x | 1.12x | 0.88x | 3.64x | 0.54x | 0.78x | 0.46x | 1.28x |
| CapEx Coverage (OCF/CapEx) | 2.52x | 3.55x | 2.54x | 3.72x | 0.16x | 0.97x | -0.24x | 4.71x | 1.67x |
| Cash from Investing | -639M | -205M | 556M | -494M | -3.04B | -332M | -910M | -24M | -1.64B |
| Acquisitions | 416M | 1.05B | 939M | -203M | -2.73B | 47M | -516M | 463M | -596M |
| Purchase of Investments | -512M | -572M | -507M | -492M | -751M | -454M | -367M | 0 | 0 |
| Sale of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 |
| Other Investing | -733M | -772M | -29M | 0 | 0 | 0 | 240M | 3M | 105M |
| Cash from Financing | -1.14B | -1.53B | -2.15B | 2.2B | -272M | 1.04B | -400M | -1.75B | 0 |
| Dividends Paid | -38M | -37M | -32M | -295M | -319M | -332M | -381M | -405M | 0 |
| Dividend Payout Ratio % | - | 13.81% | 0.72% | 57.84% | 14.59% | 27.19% | - | 36% | - |
| Debt Issuance (Net) | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 0 |
| Stock Issued | 0 | 21M | 3M | 1M | 1M | 0 | 635M | 0 | 0 |
| Share Repurchases | -2M | -1.25B | -1.44B | -229M | -48M | -606M | -1.17B | -935M | 0 |
| Other Financing | -374M | 393M | 11M | -14M | 873M | 1.99B | 342M | -315M | 0 |
| Net Change in Cash | -335M▲ 0% | -469M▼ 40.0% | -227M▲ 51.6% | 3.56B▲ 1667.4% | -3.65B▼ 202.5% | 205M▲ 105.6% | 95M▼ 53.7% | 409M▲ 330.5% | 0▼ 100.0% |
| Exchange Rate Effect | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 0 |
| Cash at Beginning | 1.38B | 1.05B | 580M | 353M | 3.91B | 265M | 470M | 565M | 0 |
| Cash at End | 1.05B | 580M | 353M | 3.91B | 265M | 470M | 565M | 974M | 0 |
| Free Cash Flow | 971M▲ 0% | 989M▲ 1.9% | 1.97B▲ 99.1% | 1.34B▼ 31.8% | -2.55B▼ 289.6% | -7M▲ 99.7% | -1.13B▼ 16057.1% | 1.83B▲ 262.2% | 766M▼ 58.2% |
| FCF Growth % | -12.68% | 1.85% | 99.09% | -31.79% | -289.58% | 99.73% | -16057.14% | 262.16% | -58.23% |
| FCF Margin % | 10.7% | 10.43% | 20.05% | 14.77% | -9.43% | -0.02% | -3.92% | 6.52% | 2.49% |
| FCF / Net Income % | -45.1% | 369.03% | 44.37% | 263.33% | -116.42% | -0.57% | 559.9% | 163.02% | 88.66% |
NRG Energy, Inc. (NRG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -15.09% | -65.86% | 64.5% | 1917.06% | 30.38% | 82.84% | 32.88% | -6% | 41.79% | 41.55% |
| EBITDA Margin | 10.34% | -0.44% | 16.06% | 18.2% | 18.3% | 15.48% | 8.68% | 5.83% | 13.6% | 12.39% |
| Net Debt / EBITDA | 18.71x | - | 3.91x | 3.41x | 3.09x | 1.92x | 2.88x | 6.21x | 2.62x | 4.30x |
| Interest Coverage | 0.06x | -1.33x | 2.03x | 3.12x | 2.76x | 6.89x | 4.84x | 0.58x | 3.72x | 2.40x |
| CapEx / Revenue | 6.11% | 7.04% | 4.09% | 5.66% | 5.43% | 11.26% | 1.18% | 3.16% | 1.74% | 3.73% |
| Dividend Payout Ratio | - | - | 13.81% | 0.72% | 57.84% | 14.59% | 27.19% | - | 36% | - |
| Debt / Equity | 3.67x | 4.59x | - | 3.84x | 5.38x | 2.30x | 2.17x | 3.78x | 4.44x | 9.89x |
| EPS Growth | 88.59% | -205.86% | 112.81% | 1832.18% | -87.69% | 331.4% | -42.11% | -121.66% | 545.54% | -18.04% |
NRG Energy, Inc. (NRG) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 14, 2026·SEC
Apr 7, 2026·SEC
Mar 4, 2026·SEC
NRG Energy, Inc. (NRG) stock FAQ — growth, dividends, profitability & financials explained
NRG Energy, Inc. (NRG) reported $30.71B in revenue for fiscal year 2025. This represents a 25870% increase from $118.3M in 1997.
NRG Energy, Inc. (NRG) grew revenue by 9.2% over the past year. This is steady growth.
Yes, NRG Energy, Inc. (NRG) is profitable, generating $864.0M in net income for fiscal year 2025 (2.8% net margin).
NRG Energy, Inc. (NRG) has a return on equity (ROE) of 41.5%. This is excellent, indicating efficient use of shareholder capital.
NRG Energy, Inc. (NRG) generated $196.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
NRG Energy, Inc. (NRG) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.
NRG Energy, Inc. (NRG) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates