Companies / Utilities
NRG
NRG Energy
Independent Power Producers & Energy Traders
Independent Power Producers & Energy TradersAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health45
Growth39
Profitability27
Cash generation41
Balance sheet19
Dilution control100
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)24.5%Revenue growth (FY)9.4%Revenue CAGR (3y)-1.2%Gross margin—Operating margin6.1%Net margin2.8%Free cash flow margin2.5%R&D / revenue—Stock comp / revenue0.4%Net debt / operating cash flow6.12xCurrent ratio1.64Diluted share count change-6.1%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $26.8B | $31.5B | $28.3B | $27.7B | $30.3B |
| Operating income | $3.3B | $2.0B | $384M | $2.4B | $1.8B |
| Net income | $2.2B | $1.2B | -$202M | $1.1B | $864M |
| Operating cash flow | $493M | $360M | -$221M | $2.3B | $1.9B |
| Capital expenditure | $269M | $367M | $598M | $472M | $1.1B |
| Free cash flow | $224M | -$7M | -$819M | $1.8B | $766M |
| Stock-based comp | $21M | $28M | $101M | $102M | $134M |
| Buybacks | $48M | $600M | $1.1B | $935M | $1.3B |
| Dividends | $319M | $332M | $381M | $405M | $411M |
| Cash | $250M | $430M | $541M | $966M | $4.7B |
| Total debt | $8.1B | $8.1B | $10.9B | $10.9B | $16.4B |
| Equity | $3.6B | $3.8B | $2.9B | $2.5B | $1.7B |
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