Last 48 quarters of trend data · Utilities · Independent Power Producers
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
NRG Energy, Inc.'s quarterly P/E stands at 70.3x, up 962.8% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 246.5% YoY to 17.6x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 35.34 | 70.26 | 153.12 | 58.68 | — | 6.61 | 7.52 | — | 5.78 | 7.33 | 6.15 | 6.83 | 7.48 |
| — | +962.8% | +1936.6% | — | — | -9.8% | +22.2% | — | -22.8% | — | — | -79.3% | +69.3% | |
| P/S Ratio | 0.99 | 0.74 | 0.98 | 1.03 | 1.17 | 0.56 | 0.69 | 0.65 | 0.63 | 0.49 | 0.42 | 0.28 | 0.34 |
| — | +31.3% | +41.1% | +58.4% | +86.6% | +15.8% | +64.4% | +132.1% | +83.1% | +90.9% | +81.3% | +6.4% | +10.0% | |
| P/B Ratio | 16.78 | 6.24 | 18.03 | 16.03 | 13.76 | 6.98 | 7.63 | 7.48 | 4.60 | 4.39 | 3.95 | 2.54 | 2.60 |
| — | -10.6% | +136.4% | +114.2% | +199.1% | +58.8% | +93.1% | +194.6% | +76.7% | +71.6% | +107.0% | +44.9% | +52.5% | |
| P/FCF | 39.70 | — | — | 34.33 | — | 7.59 | 6.17 | 11.94 | 4.37 | 18.29 | 1.46 | 5.63 | 5.59 |
| — | — | — | +187.6% | — | -58.5% | +321.8% | +112.1% | -21.8% | — | — | — | +251.7% | |
| EV / EBITDA | 11.15 | 17.60 | 9.00 | 13.72 | 27.40 | 5.08 | 5.51 | — | 3.84 | 5.20 | 4.74 | 5.08 | 5.99 |
| — | +246.5% | +63.3% | — | +612.9% | -2.4% | +16.3% | — | -35.9% | — | — | -62.3% | +32.1% | |
| EV / EBIT | 22.94 | — | 37.01 | 25.19 | — | 6.46 | 8.63 | — | 5.60 | 7.40 | 6.46 | 8.79 | 9.38 |
| — | — | +328.9% | — | — | -12.7% | +33.6% | — | -40.3% | — | — | -61.0% | +72.2% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
NRG Energy, Inc.'s operating margin was 3.2% in Q1 2026, down 0.0 pp QoQ and down 10.0 pp YoY.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.8% | — | 32.8% | 13.5% | 16.5% | 23.6% | 28.6% | -0.2% | 35.0% | 23.8% | 6.5% | 19.4% | 21.8% |
| — | — | +14.8% | +6214.2% | -52.9% | -0.9% | +339.9% | -101.1% | +60.3% | +273.9% | +152.5% | +133.0% | +14.0% | |
| Operating Margin | 6.0% | 3.2% | 3.2% | 5.5% | 0.6% | 13.2% | 14.0% | -11.2% | 21.2% | 11.7% | 12.3% | 7.1% | 8.3% |
| — | -75.8% | -76.9% | +149.2% | -97.0% | +12.5% | +13.8% | -259.2% | +153.6% | +158.7% | +173.3% | +285.2% | -19.4% | |
| Net Margin | 2.8% | 1.2% | 0.9% | 2.0% | -1.5% | 8.7% | 9.4% | -10.6% | 11.1% | 6.9% | 7.1% | 4.3% | 4.9% |
| — | -86.0% | -91.0% | +118.7% | -113.9% | +27.0% | +33.2% | -346.0% | +128.4% | +139.8% | +150.8% | +448.3% | -31.1% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 41.5% | 3.8% | 3.6% | 7.1% | -4.1% | 28.5% | 25.7% | -25.0% | 21.3% | 16.5% | 15.0% | 10.0% | 9.6% |
| — | -86.6% | -85.9% | +128.6% | -119.3% | +73.2% | +71.5% | -349.4% | +122.0% | +142.6% | +161.4% | +679.5% | -3.3% | |
| ROA | 3.3% | 0.4% | 0.2% | 0.6% | -0.4% | 3.1% | 2.7% | -3.1% | 2.9% | 2.0% | 1.8% | 1.2% | 1.0% |
| — | -88.2% | -90.8% | +120.4% | -114.7% | +54.0% | +50.7% | -357.1% | +174.9% | +143.8% | +150.1% | +498.9% | -34.7% | |
| ROIC | 10.6% | 1.2% | 1.4% | 2.4% | 0.2% | 6.7% | 5.8% | -4.6% | 7.5% | 4.8% | 4.4% | 2.8% | 2.6% |
| — | -82.3% | -75.9% | +151.8% | -96.7% | +38.5% | +30.3% | -265.4% | +189.0% | +155.9% | +155.6% | +211.0% | -40.0% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
NRG Energy, Inc.'s Debt/EBITDA ratio is 30.7x, up from 14.3x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 21.1% YoY to 0.84x, tightening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 9.97 | 4.79 | 9.97 | 6.15 | 4.86 | 3.96 | 4.44 | 4.32 | 3.01 | 3.30 | 3.78 | 3.38 | 3.70 |
| — | +21.1% | +124.9% | +42.4% | +61.2% | +19.9% | +17.5% | +27.7% | -18.4% | -19.3% | +74.1% | +108.7% | +135.5% | |
| Debt / EBITDA | 4.41 | 30.73 | 14.26 | 15.49 | 28.72 | 7.52 | 8.38 | — | 6.17 | 9.03 | 9.49 | 11.83 | 14.35 |
| — | +308.4% | +70.2% | — | +365.5% | -16.6% | -11.7% | — | -57.0% | — | — | -55.2% | +59.6% | |
| Current Ratio | 1.64 | 0.84 | 1.64 | 1.05 | 0.93 | 1.06 | 1.02 | 1.17 | 1.18 | 1.01 | 1.02 | 1.06 | 1.02 |
| — | -21.1% | +61.0% | -10.1% | -21.0% | +5.1% | -0.7% | +10.5% | +15.3% | +2.2% | -18.1% | -19.7% | -20.3% | |
| Quick Ratio | 1.58 | 0.78 | 1.58 | 0.99 | 0.88 | 1.02 | 0.96 | 1.10 | 1.11 | 0.95 | 0.96 | 0.99 | 0.96 |
| — | -23.5% | +64.1% | -9.4% | -20.3% | +7.9% | +0.3% | +11.0% | +15.8% | +3.1% | -19.5% | -21.8% | -23.6% | |
| Interest Coverage | 2.40 | 1.15 | 1.03 | 2.27 | -0.03 | 7.04 | 6.81 | -3.76 | 7.45 | 5.57 | 4.35 | 3.36 | 3.63 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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NRG Energy, Inc.'s current P/E is 35.3x. The average P/E over the last 3 quarters is 94.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
NRG Energy, Inc.'s current operating margin is 6.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking NRG Energy, Inc.'s business trajectory between earnings reports.