CHARGED ALPHATMFrontier AI stock research

NRG · NYSE

NRG Energy, Inc.

Utilities - Independent Power Producers · United States

USD 104.447.9% daily changeQuote 2026-10-06 · USD
Market cap (USD)
US$21.95B
Trailing P/E
27.34x
Forward P/E
9.33x
Quarterly revenue growth
11.0%
Trailing net margin
2.6%
Indicated dividend yield
1.8%

Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-05 (provider estimate, not issuer-confirmed).

Company background

NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through the Texas, East, West/Other, Vivint Smart Home, and Corporate Activities segments. The company offers retail electricity, energy management, demand response and virtual power plant programs, carbon offsets, smart home security, and automation services. It also offers system power, distributed and backup generation, energy storage, energy management, renewable and low-carbon products, and carbon management solutions for large business and commercial customers; a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions; and generation portfolio includes fossil fuel and renewable generation assets diversified by fuel type and dispatch level, with ongoing development of new natural gas and renewable projects. In addition, the company trades in power, natural gas, and related products; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. It offers its products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, and Vivint. It serves residential, commercial, government, industrial, data center, and wholesale customers. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.

Company website

Q2 2026

Go beyond the headline.

NRG Energy (NRG): Stock CRASHES 15% On REAFFIRMED Guidance — Is NRG Stock a Buy Now?

Published 2026-08-04

Comparable businesses

NRG peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricNRGNRG Energy, Inc.Snapshot 2026-10-06Financial period: 2026-06-30TLNTalen Energy CorporationSnapshot 2026-10-06Financial period: 2026-06-30VSTVistra Corp.Snapshot 2026-10-06Financial period: 2026-06-30Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$21.95BUS$17.09BUS$53.20BUS$35.15Bn=2
Forward P/EProvider forward earnings estimate9.33x11.75x15.22x13.48xn=2
EV / EBITDAEnterprise value / trailing EBITDA13.62x43.41x10.71x27.06xn=2
Revenue growthLatest quarter vs prior-year quarter11.0%111.2%-5.5%52.9%n=2
Operating marginLatest reported quarter12.8%-4.8%13.8%4.5%n=2
Free cash flow yieldTrailing cash flow / market cap3.5%7.4%0.1%3.7%n=2
Net debt / EBITDANet debt / trailing EBITDA7.16x16.05x3.02x9.54xn=2
Debt / equityTotal debt / positive book equity4.83x5.84x3.73x4.79xn=2
Trailing P/ETrailing twelve-month earnings27.34x—26.73x—
Price / bookPrice / positive book equity per share5.22x10.71x17.72x14.21xn=2
EV / salesEnterprise value / trailing revenue1.34x6.75x3.71x5.23xn=2
Earnings growthLatest quarter vs prior-year quarter——-6.2%—
Gross marginTrailing twelve months18.8%42.1%38.3%40.2%n=2
Net marginTrailing twelve months2.6%-4.9%11.6%3.3%n=2
Return on equityProvider trailing return; positive equity only23.8%-12.8%43.0%15.1%n=2
Free cash flow marginTrailing free cash flow / revenue2.3%33.7%0.2%17.0%n=2
Dividend yieldIndicated annual dividend / price1.8%—0.6%—
Earnings payoutProvider trailing dividend payout47.9%0.0%15.3%7.7%n=2
Current ratioCurrent assets / current liabilities0.97x0.78x0.97x0.88xn=2
BetaProvider historical market sensitivity1.161.621.381.50n=2

Choose a comparison stock

Search covered companies, or search all listed stocks.

Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

Reporting period
Financial history
Chart style
Comparison stocks

Financial statements load separately from the research page.

Market context

Valuation & price history

Adjusted closing price

Price history

Price history loads separately.

Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for NRG

All available reporting periods
Q2 20262026-08-04
Q1 20262026-05-06

Reported figures

Related research

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.