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

NRG Energy, Inc. (NRG) EV/FCF

Alert me on EV/FCF

As of 16 October 2026, NRG Energy, Inc. (NRG) trades at a EV/FCF of 122×. Over the past ten years it has ranged from −10.1× (December 2023) to 184× (February 2023); the current reading is higher than 96% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 57.7× 370.39%
FY2024 12.3× (34.88%)
FY2023 18.8× (89.03%)
FY2022 172× 937.52%
FY2021 16.6× 99.66%
FY2020 8.3× 30.45%
FY2019 6.4× (6.47%)
FY2018 6.8× (27.92%)
FY2017 9.4× (18.32%)
FY2016 11.5× (79.84%)

Quarterly newest first

Period EV/FCF Change
Jun 2026 147× —
Mar 2026 −7.4× —
Dec 2025 57.7× 130.81%
Sep 2025 25.0× 11.03%
42 more quarters

Against its own ten years

Low −10.1× High 184×
Ten-year median 11.7×
Current reading's percentile 95

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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