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) Net margin

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NRG Energy, Inc.'s net margin over the twelve months to 30 June 2026 was 2.36%, down 0.2 percentage points from fiscal 2025 (2.59%). Over the past ten years it has ranged from −51.9% (fiscal 2015) to 45.2% (fiscal 2019); the current reading is higher than 45% of that period. That is above the Utilities Independent Power Producers industry median of 1.18% and below the Utilities sector median of 11.5%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 2.59% (1.17)
FY2024 3.76% 4.65
FY2023 −0.89% (4.76)
FY2022 3.87% (4.23)
FY2021 8.10% 2.49
FY2020 5.61% (39.58)
FY2019 45.2% 42.36
FY2018 2.83% 26.56
FY2017 −23.7% (15.87)
FY2016 −7.86% 44.07

Quarterly newest first

Period Net margin Change (points)
Jun 2026 6.54% 5.49
Mar 2026 1.05% 0.41
Dec 2025 0.64% (1.13)
Sep 2025 1.77% 3.57
42 more quarters

Against its own ten years

Low −51.9% High 45.2%
Ten-year median 2.83%
Current reading's percentile 45

Net margin against peers

Company Net margin
CEG Constellation Energy Corporation compare 11.1%
VST Vistra Corp. compare 10.6%
KEN Kenon Holdings Ltd. compare 10.0%
NRG NRG Energy, Inc. 2.36%
OKLO Oklo Inc. compare 0.00%
HNRG Hallador Energy Company compare −0.20%
TLN Talen Energy Corporation compare −5.38%
DGXX Digi Power X Inc. compare −119.2%
Utilities Independent Power Producers industry median 1.18%
Utilities sector median 11.5%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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