NRG Energy, Inc.
NYSE•NRG
CEO: Dr. Lawrence Stephen Coben Ph.D.
Sector: Utilities
Industry: Independent Power Producers
Listing Date: 2003-12-02
NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Home; and Corporate Activities segments. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions. It offers retail electricity and energy management, line and surge protection products, HVAC installation, repair and maintenance, home protection products, carbon offsets, back-up power stations, portable power, portable solar, and portable lighting; retail services comprising demand response, commodity sales, energy efficiency, and energy management solutions; and system power, distributed generation, renewable and low-carbon products, carbon management and specialty services, backup generation, storage and distributed solar, and energy advisory services. In addition, the company trades in power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. It offers its products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, and Vivint. It serves residential, commercial, government, industrial, and wholesale customers. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.
Contact Information
Market Cap
$31.23B
P/E (TTM)
32.1
53.3
Dividend Yield
1.2%
52W High
$189.96
52W Low
$79.57
52W Range
Rank50Top 68.9%
3.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$7.75B+0.00%
4-Quarter Trend
EPS
$0.26+0.00%
4-Quarter Trend
FCF
-$175.00M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Revenue Growth Achieved Total revenue reached $30.71B USD, marking an increase of $2.58B USD compared to the prior year results.
LSP Portfolio Acquisition Closed Acquisition of 13 GW capacity closed for $10.58B USD consideration, significantly expanding generation footprint across nine states.
Economic Margin Improvement Economic gross margin increased to $8.32B USD, reflecting a $417M USD improvement over the 2024 performance.
Net Income Decline Noted Net income fell to $864M USD, representing a decrease of $261M USD compared to the $1.13B USD reported last year.
Risk Factors
LSP Integration Challenges Integrating complex 13 GW LSP Portfolio assets poses risks to operations, financial condition, and successful transition timelines.
Wholesale Market Volatility Financial performance remains impacted by unpredictable fluctuations in wholesale power and natural gas market prices, increasing volatility.
Cybersecurity Infrastructure Risk Infrastructure remains vulnerable to advanced cyber threats, risking significant liabilities and operational disruption across all systems.
Load Growth Uncertainty Failure of anticipated load growth from data centers to materialize could impair capital expenditure recovery and expected investment returns.
Outlook
Capital Return Strategy Targeting return of approximately 80% of excess cash to shareholders through dividends and authorized share repurchase programs.
Texas Generation Expansion Advancing three Texas development projects, expected operational by mid-2028, strategically aligning with growing regional energy needs.
Dividend Growth Target Increased annual dividend to $1.76 USD in 2025; targeting a consistent 7-9% growth rate for subsequent years.
Debt Issuance and Repayment Issued $4.9B USD debt to fund LSP acquisition and successfully repaid maturing $500M USD senior secured notes in 2025.
Peer Comparison
Revenue (TTM)
$30.71B
$24.94B
$16.92B
Gross Margin (Latest Quarter)
171.1%
60.8%
51.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| PEG | $39.65B | 18.8 | 12.6% | 42.3% |
| ED | $39.54B | 19.5 | 8.4% | 38.5% |
| PCG | $38.07B | 14.2 | 8.6% | 43.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.4%
Flat Growth
4Q Net Income CAGR
-55.5%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 30, 2026
EPS:$2.77
|Revenue:$9.61B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data