stockrowNRG Energy, Inc.
NRG Utilities Utilities Independent Power Producers
NRG Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $30.7 billion, up 9.18% from fiscal 2024.
- Revenue
- +11.0%
- EPS
- +474.2%
- Free cash flow
- +8,715.1%
- Total debt
- +112.5%
Quarter to June 2026, against a year earlier
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NRG Energy, Inc. (NRG) Debt to equity
NRG Energy, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 4.8×, down 5.0× from fiscal 2025 (9.8×). Over the past ten years it has ranged from −5.3× (fiscal 2018) to 9.8× (fiscal 2025) — the current reading is the highest in ten years. That is above the Utilities Independent Power Producers industry median of 0.7× and above the Utilities sector median of 1.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 9.8× | 124.27% |
| FY2024 | 4.4× | 17.87% |
| FY2023 | 3.7× | 76.20% |
| FY2022 | 2.1× | (5.14%) |
| FY2021 | 2.2× | (57.21%) |
| FY2020 | 5.2× | 45.61% |
| FY2019 | 3.6× | — |
| FY2018 | −5.3× | — |
| FY2017 | 4.8× | 28.70% |
| FY2016 | 3.7× | 3.44% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 4.8× | 0.83% |
| Mar 2026 | 4.8× | (51.43%) |
| Dec 2025 | 9.8× | 61.50% |
| Sep 2025 | 6.1× | 26.63% |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| DGXX Digi Power X Inc. compare | 0.0× |
| OKLO Oklo Inc. compare | 0.0× |
| HNRG Hallador Energy Company compare | 0.2× |
| CEG Constellation Energy Corporation compare | 0.6× |
| KEN Kenon Holdings Ltd. compare | 0.9× |
| VST Vistra Corp. compare | 3.6× |
| NRG NRG Energy, Inc. | 4.8× |
| TLN Talen Energy Corporation compare | 6.0× |
| ONEN ONE Nuclear Energy Inc. compare | — |
| Utilities Independent Power Producers industry median | 0.7× |
| Utilities sector median | 1.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on NRG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement