Zacks Investment Research·Jun 26, 2026
NRG Energy (NRG) Gains As Market Dips: What You Should KnowNRG Energy (NRG) closed at $149.36 in the latest trading session, marking a +1.53% move from the prior day.
NRG Energy, Inc.(NRG)Earnings, Financials & Key Ratios
NRG•NYSE•Utilities
$140.80
35.1× P/E·Price updated Jul 2, 2026
AboutNRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West. The company is involved in the producing, selling, and delivering electricity and related products and services to approximately 6 million residential, commercial, industrial, and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear, and battery storage. The company also provides system power, distributed generation, renewable products, backup generation, storage and distributed solar, demand response, and energy efficiency, and advisory services, as well as carbon management and specialty services; and on-site energy solutions. In addition, it trades in electric power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. Further, the company procures fuels; provides transportation services; and directly sells energy, services, and products and services to retail customers under the NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. As of December 31, 2021, it owns and leases power generation portfolio with approximately 18,000 megawatts of capacity at 25 plants. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.Show more
- Revenue$30.71B+9.2%
- EBITDA$3.81B-0.6%
- Net Income$864M-23.2%
- Free Cash Flow$766M-58.2%
- EBITDA Margin12.39%-8.9%
- Net Margin2.81%-29.7%
- ROE41.55%-0.6%
- Interest Coverage2.40-25.7%
- Debt/Equity9.97+124.9%
NRG Price & Volume
NRG Energy, Inc. (NRG) stock price & volume — 10-year historical chart
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Aggressive Capital Deployment Strains Liquidity Profile
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Strained
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:ERCOT commodity and regulatory volatility
Key Thesis Takeaways
- NRG Energy's pivot toward an integrated retail and home services model has introduced significant earnings volatility, as evidenced by the sharp decline in EPS to $0.52 in 2026Q1.
- While revenue grew 19.5% in the most recent quarter, the company's reliance on external financing to fund a $7.1 billion capital expenditure program creates substantial balance sheet vulnerability.
- Investors should monitor the sustainability of the dividend, which currently faces an OCF-to-dividend coverage ratio of negative 1.3, indicating potential long-term capital allocation risks.
Verdict Logic
the company's current ratio of 0.84 and the $7.2 billion free cash flow deficit in 2026Q1 suggest significant liquidity constraints that may impair shareholder value.
NRG Growth Metrics
NRG Energy, Inc. (NRG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.56%
5 Years27.56%
3 Years-0.89%
TTM10.57%
Profit CAGR
10 Years-
5 Years11.12%
3 Years-10.89%
TTM-82.48%
EPS CAGR
10 Years-
5 Years14.14%
3 Years-8.12%
TTM-86.27%
Return on Capital
10 Years9.17%
5 Years12.86%
3 Years9.27%
Last Year10.19%
NRG Recent Earnings
NRG Energy, Inc. (NRG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$1.48-16.4%
$1.77
Rev
$10.3B+22.1%
$8.4B
Q1 2026
Feb 24, 2026Metric
Actual
Est
EPS
$1.03+6.0%
$0.97
Rev
$7.8B+16.3%
$6.7B
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$2.75+28.5%
$2.14
Rev
$7.6B+2.3%
$7.5B
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$1.68-3.4%
$1.74
Rev
$6.7B+4.5%
$6.5B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $1.48vs $1.77-16.4% | $10.3Bvs $8.4B+22.1% |
| Q1 2026 | Feb 24, 2026 | $1.03vs $0.97+6.0% | $7.8Bvs $6.7B+16.3% |
| Q4 2025 | Nov 6, 2025 | $2.75vs $2.14+28.5% | $7.6Bvs $7.5B+2.3% |
| Q3 2025 | Aug 6, 2025 | $1.68vs $1.74-3.4% | $6.7Bvs $6.5B+4.5% |
Based on last 12 quarters of dataView full earnings history →
Latest NRG News
Recent stock market news and headlines for NRG Energy, Inc. (NRG)
Zacks Investment Research·Jun 25, 2026
NRG Energy, Inc. (NRG) is Attracting Investor Attention: Here is What You Should KnowNRG (NRG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Zacks Investment Research·Jun 23, 2026
Is It Worth Investing in NRG (NRG) Based on Wall Street's Bullish Views?When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Zacks Investment Research·Jun 18, 2026
NRG Energy (NRG) Beats Stock Market Upswing: What Investors Need to KnowIn the closing of the recent trading day, NRG Energy (NRG) stood at $135.06, denoting a +2.22% move from the preceding trading day.
Peers Comparison
Key metrics vs top competitors for NRG Energy, Inc. (NRG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $140.80 | $29.71B | 35.11 | 9.17% | 2.81% | 41.55% | 1.47% | |
| $153.16 | $51.64B | 69.30 | -12.41% | 13.82% | 43.14% | — | |
| $236.50 | $85.42B | 31.96 | 8.34% | 12.74% | 19.72% | — | |
| $46.26 | $47.33B | 16.88 | 5.34% | 11.21% | 9.76% | — | |
| $14.64 | $10.44B | 11.62 | -0.37% | 10.72% | 13.55% | — | |
| $21.79 | $3.6B | -6.28 | — | — | -58.28% | — |
Compare NRG vs Peers
NRG Energy, Inc. (NRG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NRG SEC Filings & Documents
NRG Energy, Inc. (NRG) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
May 1, 2026·SEC
Material company update
Apr 28, 2026·SEC
10-K Annual Reports
210-Q Quarterly Reports
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NRG Frequently Asked Questions
NRG Energy, Inc. (NRG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is NRG Energy, Inc.'s revenue?
NRG Energy, Inc. (NRG) reported $32.38B in revenue for fiscal year 2025. This represents a 27283% increase from $118.3M in 1997.
How fast is NRG Energy, Inc. growing?
NRG Energy, Inc. (NRG) grew revenue by 9.2% over the past year. This is steady growth.
Is NRG profitable?
Yes, NRG Energy, Inc. (NRG) is profitable, generating $239.0M in net income for fiscal year 2025 (2.8% net margin).
Dividend & Returns
Does NRG pay dividends?
Yes, NRG Energy, Inc. (NRG) pays a dividend with a yield of 1.47%. This makes it attractive for income-focused investors.
What is NRG's return on equity?
NRG Energy, Inc. (NRG) has a return on equity (ROE) of 41.5%. This is excellent, indicating efficient use of shareholder capital.
What is NRG Energy, Inc.'s free cash flow?
NRG Energy, Inc. (NRG) had negative free cash flow of $7.68B in fiscal year 2025, likely due to heavy capital investments.
Industry Metrics
Is NRG's dividend sustainable?
NRG Energy, Inc. (NRG) has a dividend payout ratio of 48%. This suggests the dividend is well-covered and sustainable.