NRG Energy, Inc.
NRG Energy, Inc.
Your view on NRG
Overview
What the company does, where it operates, and who runs it.
About NRG Energy, Inc.
- Industry
- Independent Power Producers
- Sector
- Utilities
- CEO
- Lawrence Stephen Coben
- Headquarters
- 910 Louisiana Street, Houston, TX, US
- Industry
- Independent Power Producers
- Sector
- Utilities
- CEO
- Lawrence Stephen Coben
- Headquarters
- 910 Louisiana Street, Houston, TX, US
NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West.
The company is involved in the producing, selling, and delivering electricity and related products and services to approximately 6 million residential, commercial, industrial, and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear, and battery storage.
The company also provides system power, distributed generation, renewable products, backup generation, storage and distributed solar, demand response, and energy efficiency, and advisory services, as well as carbon management and specialty services; and on-site energy solutions.
In addition, it trades in electric power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps.
Further, the company procures fuels; provides transportation services; and directly sells energy, services, and products and services to retail customers under the NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy.
As of December 31, 2021, it owns and leases power generation portfolio with approximately 18,000 megawatts of capacity at 25 plants. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.
Stock Data
Price chart, volume, and trading data.
What moved it
FRC Fair Value Algorithm
What the FRC Fair Value algorithm says it is worth vs. the current price — FRC's own, on every stock.
About this section
Fair value for NRG Energy, Inc. from FRC's valuation model, read against the market price. NRG last traded at $97.10, 17.0× trailing earnings — the estimate is read against that market price. The model runs on every stock on the platform and shows the estimate per share and the date it was calculated. A free account covers 3 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
About this section
Valuation, profitability, liquidity and leverage ratios for NRG Energy, Inc.. Starting points for NRG Energy, Inc.: P/E 17.0, EPS $5.99, beta 1.20 — an Independent Power Producers name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
About this section
Dividend history, yield and payout sustainability for NRG Energy, Inc.. NRG Energy, Inc. paid $1.90 per share over the last year — a 2.0% yield at the current $97.10 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
About this section
Reported vs. expected earnings history for NRG Energy, Inc.. Trailing twelve-month EPS for NRG Energy, Inc. stands at $5.99. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Wall Street Analyst Estimates
Analysts' price targets, ratings, and revenue and EPS estimates.
Price targets, ratings and estimates published by outside analysts. Not FRC research, not a recommendation, and not the FRC Fair Value: that is FRC's proprietary model, built on the cash a company generates.
Current price
—
live quote
Analysts' target
$173.93
average of 15 firms, last 12 months
Analyst Ratings
- Strong Buy0
- Buy8
- Hold2
- Sell0
- Strong Sell0
Earnings Estimate
| EPS | Current QtrDec 2026 | Next QtrMar 2027 | Current YearFY Dec 2026 | Next YearFY Dec 2027 |
|---|---|---|---|---|
| Avg. estimate | $1.73 | $2.53 | $8.83 | $10.05 |
| Low estimate | $1.39 | $0.75 | $8.54 | $9.52 |
| High estimate | $2.40 | $3.59 | $9.06 | $11.37 |
| No. of analysts | 3 | 3 | 5 | 5 |
| Year-ago EPS | $1.03 | $1.48 | $4.011 | — |
| Growth | +68.4% | +70.8% | — | — |
1Year-ago EPS includes one-time items; growth not shown.
Revenue Estimate
| Revenue | Current QtrDec 2026 | Next QtrMar 2027 | Current YearFY Dec 2026 | Next YearFY Dec 2027 |
|---|---|---|---|---|
| Avg. estimate | $8.20B | $10.00B | $34.14B | $34.20B |
| Low estimate | $5.11B | $6.11B | $27.27B | $20.86B |
| High estimate | $11.30B | $13.88B | $37.62B | $41.21B |
| No. of analysts | 2 | 2 | 4 | 7 |
| Year-ago revenue | $7.75B | $10.30B | $30.71B | — |
| Growth | +5.8% | -2.9% | +11.2% | — |
Source: Wall Street analysts' published price targets, ratings and estimates, compiled by Financial Modeling Prep from StreetInsider, Benzinga; as of Nov 14, 2026. Not FRC research or a recommendation.
Financial Statements
Income statement, balance sheet, and cash flow statements.
About this section
Income statement, balance sheet and cash flow history for NRG Energy, Inc.. NRG Energy, Inc. has reported as a listed company since 2003. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Peer companies
Market cap
- AESThe AES CorporationDiversified Utilities$10.6B
- CEGConstellation Energy CorporationIndependent Power Producers$99.3B
- CPYYYCentrica plcIndependent Power Producers$12.2B
- TLNTalen Energy CorporationIndependent Power Producers$16.4B
- VSTVistra Corp.Independent Power Producers$45.1B
More Independent Power Producers companies
- TACTransAlta CorporationNYSE$4.2B
- TSLTFTransAlta CorpOTC$4.4B
- TVETennessee Valley Authority PARRS A 2029NYSE$12M
- 14D.AX1414 Degrees LimitedASX
- AGL.AXAGL Energy LimitedASX
- AGLNFAGL Energy LimitedOTC$4.8B
- AGLXYAGL Energy LimitedOTC$4.8B
- CGNWFCGN Power Co., Ltd.OTC$24.1B
- CPRHFCapital Power CorpOTC$3.1B
ETFs holding NRG Energy, Inc.
% of the fund
- VTIVanguard Total Stock Market ETF$689.2B in assets0.03%
- VOOVanguard S&P 500 ETF$1.0T in assets0.03%
- VBVanguard Small-Cap ETF$76.9B in assets0.25%
- XLUState Street Utilities Select Sector SPDR ETF$23.9B in assets1.50%
- VBRVanguard Small-Cap Value ETF$35.1B in assets0.46%
- SMRIBushido Capital US Equity ETF$711M in assets1.86%
- UTESVirtus Reaves Utilities ETF$1.1B in assets1.78%
- PVALPutnam Focused Large Cap Value ETF$15.5B in assets1.41%
Largest holders first, then the funds most concentrated in NRG.
Institutional Ownership
Which funds and firms own the stock.
About this section
Which institutions hold NRG Energy, Inc., and how their positions are changing. At a $20.39B market value, institutional positions materially move NRG Energy, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.
Insider Trading
Recent buying and selling by company executives.
About this section
Buying and selling by NRG Energy, Inc. executives and directors. Shares of NRG Energy, Inc. have traded between $79.57 and $180.54 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.
Senate Trading
U.S. Senator disclosures filed under the STOCK Act.
About this section
U.S. Senate disclosures naming NRG Energy, Inc.. NRG Energy, Inc. is a $20.39B Utilities company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely.
House Trading
U.S. Representative disclosures filed under the STOCK Act.
About this section
U.S. House of Representatives disclosures naming NRG Energy, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals.
News
Latest headlines and market coverage.
About this section
Latest headlines and company announcements for NRG Energy, Inc.. Coverage tracks NRG Energy, Inc. within Independent Power Producers (Utilities). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.
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