NRG Energy, Inc. NRG

100.37 2.52 2.58% as of 25 Sep
Market cap
$20.7B
P/E
26.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

NRG Energy, Inc. (NRG) EV/EBITDA

As of 25 September 2026, NRG Energy, Inc. (NRG) trades at a EV/EBITDA of 11.0×. Over the past ten years it has ranged from 0.0× (December 2023) to 265× (March 2018); the current reading is higher than 73% of that period. That is below the Utilities Independent Power Producers industry median of 13.7× and below the Utilities sector median of 12.1×.

EV/EBITDA, daily

Annual

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

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 73

EV/EBITDA against peers

Company EV/EBITDA
OKLO Oklo Inc. compare n/m
HNRG Hallador Energy Company compare n/m
DGXX Digi Power X Inc. compare n/m
VST Vistra Corp. compare 10.4×
NRG NRG Energy, Inc. 11.0×
CEG Constellation Energy Corporation compare 13.7×
KEN Kenon Holdings Ltd. compare 23.6×
TLN Talen Energy Corporation compare 48.3×
Utilities Independent Power Producers industry median 13.7×
Utilities sector median 12.1×
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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