NRG Energy, Inc. (NRG) Earnings History
Annual and quarterly earnings data from 1997 to 2025
Loading earnings history...
NRG EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
NRG Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 21.8% | 6.0% | 2.8% |
| 2024 | 21.4% | 8.6% | 4.0% |
| 2023 | 8.0% | 1.3% | -0.7% |
| 2022 | 13.0% | 6.4% | 3.9% |
| 2021 | 24.1% | 12.4% | 8.1% |
Download Data
Export NRG earnings history in CSV or JSON format
Free sign-in required to download data
NRG Energy, Inc. (NRG) Earnings Overview
As of May 8, 2026, NRG Energy, Inc. (NRG) reported trailing twelve-month net income of $239M, reflecting -19.6% year-over-year growth. The company earned $1.15 per diluted share over the past four quarters, with a net profit margin of 2.8%.
Looking at the long-term picture, NRG's 5-year EPS compound annual growth rate (CAGR) stands at +14.1%, showing solid earnings momentum. The company achieved its highest annual net income of $4.44B in fiscal 2019.
NRG Energy, Inc. maintains positive profitability with a gross margin of 21.8%, operating margin of 6.0%, and net margin of 2.8%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including VST ($2.19B net income, 5.6% margin), CEG ($2.32B net income, 9.1% margin), EXC ($2.78B net income, 11.4% margin), NRG has room to improve margins relative to the peer group. Compare NRG vs VST →
NRG Earnings vs Peers
Earnings metrics vs comparable public companies
NRG Historical Earnings Data (1997–2025)
29 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $864M | -23.2% | $1.85B | $4.01 | 2.8% | 6.0% |
| 2024 | $1.13B | +656.9% | $2.42B | $4.99 | 4.0% | 8.6% |
| 2023 | -$202M | -116.5% | $384M | $-1.12 | -0.7% | 1.3% |
| 2022 | $1.22B | -44.2% | $2.02B | $5.17 | 3.9% | 6.4% |
| 2021 | $2.19B | +328.8% | $3.34B | $8.93 | 8.1% | 12.4% |
| 2020 | $510M | -88.5% | $1.10B | $2.07 | 5.6% | 12.2% |
| 2019 | $4.44B | +1556.0% | $1.29B | $16.81 | 45.2% | 13.1% |
| 2018 | $268M | +112.4% | $982M | $0.87 | 2.8% | 10.4% |
| 2017 | -$2.15B | -178.2% | -$741M | $-6.79 | -23.7% | -8.2% |
| 2016 | -$774M | +87.9% | $33M | $-2.22 | -8.7% | 0.4% |
Full NRG Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See NRG's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs NRG Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare NRG vs GEV
Side-by-side business, growth, and profitability comparison vs GE Vernova Inc..
Start ComparisonNRG — Frequently Asked Questions
Quick answers to the most common questions about buying NRG stock.
Is NRG growing earnings?
NRG EPS fell to $1.15, with earnings declining -19.6%. This contrasts with the 5-year CAGR of +14.1%. TTM net income dropped to $239M.
What are NRG's profit margins?
NRG Energy, Inc. net margin is +2.8%, with operating margin at +6.0%. Below-average margins reflect competitive or cost pressures.
How consistent are NRG's earnings?
NRG earnings data spans 1997-2025. The declining earnings trend is -19.6% YoY. Historical data enables comparison across business cycles.