profit from every $100 of sales.

NRG Energy
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $23.70 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What NRG Energy sold, what it kept, and what it did with the cash.
Sales went from $31.5 billion in 2022 to $30.7 billion in 2025, with $864 million of profit last year.
NRG Energy handed back more cash to shareholders than it generated last year.
NRG Energy vs. similar companies
NRG Energy grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
NRG Energy | 23.7× · Fair price | ||
Constellation Energy | 41.7× · Expensive | ||
Vistra | 48.0× · Expensive | ||
Adani Power | 31.2× · Expensive | ||
CGN Power | 23.8× · Fair price |
AI analysis
An AI analyst reads NRG Energy's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 9,093 | 26,989 | 31,543 | 28,823 | 28,130 | 30,713 | |
| – | – | 4,100 | 2,340 | 6,030 | 5,952 | |
| – | – | 2,224 | -1,049 | 2,282 | 1,944 | |
| – | – | 2,800 | 1,749 | 3,502 | 3,281 | |
| 510 | 2,187 | 1,221 | -202 | 1,125 | 864 | |
| 2.07 | 8.93 | 5.17 | -1.12 | 4.99 | 4.01 | |
| – | – | 13.0% | 8.1% | 21.4% | 19.4% | |
| – | – | 7.1% | -3.6% | 8.1% | 6.3% | |
| 5.6% | 8.1% | 3.9% | -0.7% | 4.0% | 2.8% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 14,902 | 23,182 | 29,146 | 26,038 | 24,022 | 29,140 |
| Cash | 3,905 | 250 | 430 | 541 | 966 | 4,708 |
| Total debt | 9,133 | 8,336 | 8,302 | 10,971 | 10,991 | 16,622 |
| Total liabilities | 13,222 | 19,582 | 25,318 | 23,132 | 21,544 | 27,459 |
| 1,680 | 3,600 | 3,828 | 2,906 | 2,478 | 1,681 | |
| 246 | 245 | 236 | 228 | 212 | 199 | |
| 8.5% | 22.1% | 13.5% | 2.6% | 12.3% | 8.1% | |
| 30.4% | 60.8% | 31.9% | -7.0% | 45.4% | 51.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,837 | 493 | 360 | -221 | 2,306 | 1,913 | |
| 230 | 269 | 373 | 622 | 490 | 1,148 | |
| 1,607 | 224 | -13 | -843 | 1,816 | 765 | |
| Dividends paid | 295 | 319 | 332 | 381 | 405 | 411 |
| 229 | 48 | 606 | 1,172 | 985 | 1,403 | |
| 22 | 21 | 28 | 101 | 102 | 134 |
Valuation
- 23.7×
- 10.6×
- 1.68
- 12.0×
- 0.7×
- 26.8×
- 9.9×
- 3.7%
- 4.2%
- 1.4%
Profitability
- 19.4%
- 6.3%
- 2.8%
- 12.4%
- 8.3%
- 9.4%
- 39.7%
- 3.0%
- 8.8%
- –
Growth
- +27.6%
- +14.1%
- −58.2%
- +8.0%
- −5.5%
Financial health
- 4.3×
- 9.89
- 57.5%
- 2.5×
- 1.64
- 1.58
- 1.05
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $194.00
- Range
- $159.00 – $211.00
- 6 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 1.48 | 1.78 | −16.9% |
| Feb 24, 2026 | 1.03 | 0.97 | +6.0% |
| Nov 6, 2025 | 2.75 | 2.14 | +28.5% |
| Aug 6, 2025 | 1.68 | 1.74 | −3.4% |
| May 12, 2025 | 2.62 | 1.75 | +49.7% |
| Feb 26, 2025 | 1.52 | 1.04 | +46.2% |
| Nov 8, 2024 | 1.85 | 1.95 | −5.1% |
| Aug 8, 2024 | 1.48 | 1.55 | −4.5% |
Paid per share, each year
$0.58 in 2015 → $1.76 in 2025
How safe it looks
47.6% of its profit
Room to growStretchedMore than it earns: 53.7%
News
Bloom Energy’s stock rallies as data-center jitters subsideMarketWatch · Nov 11, 2026Stock Market Today: Nasdaq Jumps As CoreWeave Results Fuel AI Stampede; Bloom Energy, Dell Soar (Live Coverage)Yahoo Finance · Nov 11, 2026Total Energy Services GAAP EPS of C$0.59, revenue of C$342.96MSeeking Alpha · Nov 11, 2026Ur-Energy outlines $26M Lost Creek wastewater spend as MU5 production targets Q1 2027Seeking Alpha · Nov 10, 2026National Energy Services Reunited declares $0.10 dividendSeeking Alpha · Nov 10, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about NRG Energy
Is NRG Energy a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the NRG Energy AI analysis
What does NRG Energy do?
NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through the Texas, East, West/Other, Vivint Smart Home, and Corporate Activities segments. It is in Utilities - Independent Power Producers, based in Houston, TX, United States, with 16,702 employees.
Does NRG Energy pay a dividend?
Yes. At today's price the dividend is 1.4% a year, about 48% of its yearly profit. In 2025 it paid out $411 million in dividends.
Is NRG Energy stock halal?
No. NRG Energy does not pass our halal screen: its debt is 81% of its market value, at or above the 33% limit. How we check
How has NRG Energy stock done over the past year?
Down 40.1% over the past twelve months, to $97.50. It traded between $80.55 and $184.03 and is 47.0% below its high.
Who are NRG Energy's competitors?
The largest listed companies in the same industry are Constellation Energy, Vistra, Adani Power and CGN Power. The peers table on this page compares their profit, growth and price with NRG Energy's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



