NRG
NRG Energy Inc.
NYSE: NRG · UTILITIES · UTILITIES - INDEPENDENT POWER PRODUCERS
$149.01
-3.75% today
Updated 2026-04-29
Market cap
$31.65B
P/E ratio
37.16
P/S ratio
1.03x
EPS (TTM)
$4.01
Dividend yield
1.16%
52W range
$113 – $190
Volume
2.9M
NRG Energy Inc. (NRG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.58B | $5.99B | $6.88B | $8.95B | $8.85B | $9.08B | $8.42B | $11.29B | $15.87B | $12.33B | $8.91B | $9.07B | $9.48B | $9.82B | $9.09B | $26.99B | $31.54B | $28.82B | $28.13B | $30.71B |
| Revenue growth (YoY) | — | +7.2% | +15.0% | +30.0% | -1.2% | +2.6% | -7.2% | +34.1% | +40.5% | -22.3% | -27.7% | +1.8% | +4.5% | +3.6% | -7.4% | +196.8% | +16.9% | -8.6% | -2.4% | +9.2% |
| Cost of revenue | $3.27B | $3.38B | $3.60B | $5.32B | $6.07B | $6.75B | $6.14B | $8.12B | $11.81B | $9.00B | $6.68B | $6.89B | $7.11B | $7.30B | $6.54B | $20.48B | $27.44B | $26.53B | $22.10B | $24.00B |
| Gross profit | $2.32B | $2.61B | $3.29B | $3.63B | $2.78B | $2.33B | $2.28B | $3.17B | $4.06B | $3.33B | $2.24B | $2.19B | $2.37B | $2.52B | $2.55B | $6.51B | $4.10B | $2.30B | $6.03B | $6.71B |
| Gross margin | 41.5% | 43.6% | 47.7% | 40.5% | 31.4% | 25.7% | 27.1% | 28.1% | 25.6% | 27.0% | 25.1% | 24.1% | 25.0% | 25.6% | 28.1% | 24.1% | 13.0% | 8.0% | 21.4% | 21.8% |
| R&D | $36.00M | $101.00M | $46.00M | $48.00M | $55.00M | $57.00M | $68.00M | $84.00M | $88.00M | $154.00M | $48.00M | $22.00M | $11.00M | $7.00M | $8.00M | — | — | — | — | — |
| SG&A | $316.00M | $309.00M | $319.00M | $604.00M | $598.00M | $668.00M | $695.00M | $709.00M | $834.00M | $911.00M | $1.02B | $841.00M | $726.00M | $761.00M | $859.00M | $1.18B | $1.07B | $1.78B | $2.13B | $2.60B |
| Operating income | $1.42B | $1.56B | $2.27B | $2.16B | $1.31B | $635.00M | $350.00M | $343.00M | $1.27B | $-4.05B | $33.00M | $-741.00M | $982.00M | $1.29B | $1.10B | $3.34B | $2.02B | $384.00M | $2.42B | $1.85B |
| Operating margin | 25.4% | 26.0% | 33.0% | 24.1% | 14.8% | 7.0% | 4.2% | 3.0% | 8.0% | -32.9% | 0.4% | -8.2% | 10.4% | 13.1% | 12.2% | 12.4% | 6.4% | 1.3% | 8.6% | 6.0% |
| EBITDA | $2.04B | $2.29B | $3.00B | $3.31B | $2.27B | $1.12B | $1.78B | $2.29B | $2.89B | $-2.50B | $541.00M | $-131.00M | $1.49B | $1.70B | $1.72B | $4.18B | $2.80B | $1.75B | $3.50B | $3.81B |
| EBITDA margin | 36.6% | 38.3% | 43.5% | 37.0% | 25.6% | 12.3% | 21.2% | 20.3% | 18.2% | -20.3% | 6.1% | -1.4% | 15.7% | 17.3% | 18.9% | 15.5% | 8.9% | 6.1% | 12.4% | 12.4% |
| EBIT | $1.88B | $1.73B | $2.58B | $2.30B | $1.38B | $19.00M | $649.00M | $950.00M | $1.25B | $-4.05B | $-348.00M | $-832.00M | $950.00M | $1.20B | $1.16B | $3.34B | $2.08B | $454.00M | $2.10B | $1.85B |
| Interest expense | $800.00M | $689.00M | $620.00M | $634.00M | $632.00M | $665.00M | $661.00M | $848.00M | $1.12B | $937.00M | $583.00M | $557.00M | $483.00M | $413.00M | $401.00M | $485.00M | $417.00M | $667.00M | $651.00M | $772.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $621.00M | $586.00M | $1.23B | $942.00M | $477.00M | $197.00M | $295.00M | $-386.00M | $134.00M | $-6.38B | $-774.00M | $-2.15B | $268.00M | $4.44B | $510.00M | $2.19B | $1.22B | $-202.00M | $1.13B | $864.00M |
| Net income growth (YoY) | — | -5.6% | +109.0% | -23.1% | -49.4% | -58.7% | +49.7% | -230.8% | +134.7% | -4862.7% | +87.9% | -178.2% | +112.4% | +1556.0% | -88.5% | +328.8% | -44.2% | -116.5% | +656.9% | -23.2% |
| Profit margin | 11.1% | 9.8% | 17.8% | 10.5% | 5.4% | 2.2% | 3.5% | -3.4% | 0.8% | -51.8% | -8.7% | -23.7% | 2.8% | 45.2% | 5.6% | 8.1% | 3.9% | -0.7% | 4.0% | 2.8% |