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Saturday 17 October 2026 Export NRG’s income statement to Excel — free account

NRG 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. In the quarter to June 2026, revenue grew 11.0%, EPS grew 474.2%, free cash flow grew 8,715.1% and total debt rose 112.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

103.75 0.89 +0.87%
Market cap
$21.6B
P/E
27.3×
Fwd P/E
14.9×
Dividend yield
1.80%
F-score
6/9
Altman Z
2.25
Beneish M
−2.52
Dividend safety
72/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

NRG Energy, Inc. (NRG) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, NRG Energy, Inc. (NRG) trades at a EV/EBITDA of 11.2×. Over the past ten years it has ranged from 0.0× (December 2023) to 265× (March 2018); the current reading is higher than 74% of that period. That is below the Utilities Independent Power Producers industry median of 14.0× and below the Utilities sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 11.9× 73.63%
FY2024 6.9× (35.57%)
FY2023 10.7× 143.29%
FY2022 4.4× 10.08%
FY2021 4.0× (49.26%)
FY2020 7.8× (7.13%)
FY2019 8.5× (24.00%)
FY2018 11.1× (95.67%)
FY2017 257× 1,205.84%
FY2016 19.7× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 13.5× (26.78%)
Mar 2026 18.4× 54.12%
Dec 2025 11.9× 17.54%
Sep 2025 10.2× (28.86%)
42 more quarters

Against its own ten years

Low 0.0× High 265×
Ten-year median 7.6×
Current reading's percentile 74

EV/EBITDA against peers

Company EV/EBITDA
HNRG Hallador Energy Company compare n/m
DGXX Digi Power X Inc. compare n/m
OKLO Oklo Inc. compare n/m
VST Vistra Corp. compare 11.1×
NRG NRG Energy, Inc. 11.2×
CEG Constellation Energy Corporation compare 14.0×
KEN Kenon Holdings Ltd. compare 23.5×
TLN Talen Energy Corporation compare 53.0×
Utilities Independent Power Producers industry median 14.0×
Utilities sector median 12.4×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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