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) Return on invested capital

Alert me on Return on invested capital

NRG Energy, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 4.54%, down 4.2 percentage points from fiscal 2025 (8.79%). Over the past ten years it has ranged from −11.1% (fiscal 2015) to 20.0% (fiscal 2021); the current reading is higher than 45% of that period. That is above the Utilities Independent Power Producers industry median of 2.93% and above the Utilities sector median of 3.63%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 8.79% (3.72)
FY2024 12.5% 10.67
FY2023 1.84% (11.18)
FY2022 13.0% (6.94)
FY2021 20.0% 9.24
FY2020 10.7% (0.53)
FY2019 11.3% (1.88)
FY2018 13.1% 17.64
FY2017 −4.51% (4.62)
FY2016 0.11% 11.19

Against its own ten years

Low −11.1% High 20.0%
Ten-year median 10.7%
Current reading's percentile 45

Return on invested capital against peers

Company Return on invested capital
VST Vistra Corp. compare 9.05%
CEG Constellation Energy Corporation compare 5.66%
HNRG Hallador Energy Company compare 5.09%
NRG NRG Energy, Inc. 4.54%
KEN Kenon Holdings Ltd. compare 1.32%
TLN Talen Energy Corporation compare 0.50%
DGXX Digi Power X Inc. compare −15.6%
OKLO Oklo Inc. compare −17.0%
Utilities Independent Power Producers industry median 2.93%
Utilities sector median 3.63%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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