NRG Energy, Inc. (NRG) P/E Ratio History
Historical price-to-earnings valuation from 2003 to 2026
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NRG Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, NRG Energy, Inc. (NRG) trades at a price-to-earnings ratio of 37.6x, with a stock price of $150.64 and trailing twelve-month earnings per share of $1.15.
The current P/E is 60% above its 5-year average of 23.5x. Over the past five years, NRG's P/E has ranged from a low of 1.9x to a high of 171.9x, placing the current valuation at the 85th percentile of its historical range.
Compared to the Utilities sector median P/E of 19.7x, NRG trades at a 90% premium to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.0x to 174.1x.
The PEG ratio of 2.66 (P/E divided by -20% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, NRG commands a significant premium over the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our NRG DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
NRG P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $54B | 71.6 | 6.40 | -68% | |
| $101B | 43.6 | 1.34 | -38% | |
| $46B | 16.4 | 2.57 | +12% | |
| $10B | 11.4Lowest | 0.15Best | -47% | |
| $54B | 17.9 | - | +41% | |
| $98B | 19.9 | 0.67 | +11% | |
| $105B | 23.9 | 4.08 | -2% | |
| $27B | 23.1 | - | +33% | |
| $52B | 28.9 | 11.40 | +60%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
NRG Historical P/E Data (2003–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $146.14 | $0.85 | 171.9x | +283% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $159.24 | $3.94 | 40.4x | -10% |
| FY2025 Q3 | $161.95 | $6.68 | 24.2x | -46% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $160.58 | $2.20 | 73.0x | +63% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $95.46 | $6.19 | 15.4x | -66% |
| FY2024 Q4 | $90.22 | $4.89 | 18.4x | -59% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $91.10 | $3.99 | 22.8x | -49% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $77.86 | $9.19 | 8.5x | -81% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $67.69 | $7.07 | 9.6x | -79% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $31.82 | $4.85 | 6.6x | -85% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $38.27 | $7.88 | 4.9x | -89% |
| FY2022 Q2 | $38.17 | $14.19 | 2.7x | -94% |
Average P/E for displayed period: 44.9x
Full NRG Stock Analysis
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Start ComparisonNRG — Frequently Asked Questions
Quick answers to the most common questions about buying NRG stock.
Is NRG stock overvalued or undervalued?
NRG trades at 37.6x P/E, above its 5-year average of 23.5x. The 85th percentile ranking indicates a premium to historical valuation.
How does NRG's valuation compare to peers?
NRG Energy, Inc. P/E of 37.6x compares to sector median of 19.7x. The premium reflects expected growth above peers.
What is NRG's PEG ratio?
NRG PEG ratio is 2.66. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2003-2026.