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.
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NRG Energy, Inc. (NRG) 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 | Free account |
Against its own ten years
EV/FCF against peers
| Company | EV/FCF |
|---|---|
| KEN Kenon Holdings Ltd. compare | −17.2× |
| HNRG Hallador Energy Company compare | −11.9× |
| OKLO Oklo Inc. compare | −8.8× |
| DGXX Digi Power X Inc. compare | −0.6× |
| VST Vistra Corp. compare | 29.0× |
| TLN Talen Energy Corporation compare | 57.7× |
| NRG NRG Energy, Inc. | 122× |
| CEG Constellation Energy Corporation compare | 376× |
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))
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
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement