NRGNYSEElectric ServicesFiscal year ends December 31
NRG ENERGY, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$99.38−4.37 (-4.21%)
Close on Oct 19, 2026
- Market cap
- $21.07B
- P/E (TTM)
- 26.3
- Dividend yield
- 1.77%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
19.4%−8.7 pts over 5 years
Operating margin
6.0%−6.1 pts over 5 years
Net margin
2.8%−2.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.2% | -0.9% | +27.6% | +9.6% | |
| Gross profit | -1.3% | +13.2% | +18.4% | +6.0% | |
| Operating income | -23.9% | -2.9% | +10.8% | – | |
| Net income | -23.2% | -10.9% | +11.1% | – | |
| EPS, diluted | -19.6% | -8.1% | +14.1% | – | |
| Free cash flow | -58.2% | – | -13.8% | +9.1% | |
| Dividend per share | +8.0% | +7.9% | +8.0% | +28.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | -2.4% | 3.7% | 3.3% | |
| Current ratio | 1.43 | 3.15 | 1.64 | |
| Net debt to EBITDA | 20.13× | 3.11× | 3.61× | |
| Interest coverage | 0.1× | 2.8× | 2.5× | |
| Inventory turnover | 6.8× | 18.4× | 52.7× | |
| Capex to revenue | 6.1% | 2.5% | 3.7% | |
| Diluted shares | 316M | 246M | 199M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Nrg Energy generated $5.29B from operations and spent $8.75B on capital expenditure, dividends and share buybacks. 33% of that went back into the business.
Generated
$5.29B
Used
$8.75B
Capital expenditure$2.85B33%Dividends$1.85B21%Share buybacks$4.04B46%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$864.00M
- Cash generatingOperating cash flow above zero$1.91B
- Return on assets improvedROA up on the prior year4.3% → 3.6%
- Earnings backed by cashOperating cash flow above net income$1.91B vs $864.00M
- Less leverageLong-term debt to assets fell40.8% → 56.3%
- Better liquidityCurrent ratio rose1.02 → 1.64
- No dilutionShare count did not rise212M → 199M
- Gross margin improvedGross margin up on the prior year21.44% → 19.38%
- More efficientAsset turnover rose1.08 → 1.28