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Stocks/Utilities/Independent Power Producers & Energy Traders

NRG EnergyNRG

Independent Power Producers & Energy Traders · Houston, Texas · In the S&P 500
Solid businessCheaper than peers
$96.06−1.52%After hours: $96.06 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 46.2% over 1 year
NRG Energy over 1 yearDaily close, $, to 30 Oct 2026
$125$150$175Nov2026MarMayJulSep$96.06$150NovMarJul$96.06
Source: Nasdaq daily closes
Market value$20.19B
Price to earnings25.4x
Forward P/E10.0x
Dividend yield1.98%
Year to date−39.7%
One year−46.2%
Next earningsMon 9 Nov, before the open
SectorUtilities
52-week range (closes)
$92.31$184.03

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Quality and valuation

How NRG Energy compares with other utilities stocks. A description, not a recommendation.

NRG Energy and 7 independent power producers & energy traders peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: cheaper than most

An average business among utilities companies, priced below most of them.

NRG Energy trades at 10.0 times the next 12 months of expected earnings, against a median of 18.6x for the 33 utilities stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +12.8% vs +8.3%
  • Less profitable (operating margin): 6.1% vs 23.0%
  • Turns more of its sales into cash: 1.1% vs −14.5%
NRG trades at 10.0x forward earnings, below the sector medianForward p/e, Independent Power Producers & Energy Traders peers
NRG10.0xSRE16.6xD17.5xDUK18.8xAEP19.6xSO20.1xNEE20.8xCEG21.4xSector median 18.6xNRG10.0xSRE16.6xD17.5xDUK18.8xAEP19.6xSO20.1xNEE20.8xCEG21.4xSector median 18.6x
Source: CNBC quotes; Mostly Markets
At 25.5x earnings, NRG is cheaper than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
0x50x100x150xAverage 44.7x2025202625.5x0x100xAverage 44.7x2025202625.5x
Source: Nasdaq prices; SEC filings

Financials

From NRG Energy's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 11.0% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0bn$5bn$10bnQ3 ’24Q1 ’25Q3 ’25$7.5bnQ2 ’26$0bn$5bn$10bnQ3 ’24Q1 ’25Q3 ’25$7.5bnQ2 ’26
Source: SEC filings
Growth slowed to +11.0% last quarterRevenue growth, year on year, %
0%10%Q3 ’24Q1 ’25Q3 ’2511.0%Q2 ’260%10%Q3 ’24Q1 ’25Q3 ’2511.0%Q2 ’26
Source: SEC filings
Operating margin was 13.0% last quarterOperating income as a share of revenue, %
−10%0%10%Q3 ’24Q1 ’25Q3 ’2513.0%Q2 ’26−10%0%10%Q3 ’24Q1 ’25Q3 ’2513.0%Q2 ’26
Source: SEC filings
Free cash flow was $348 million over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$500mQ3 ’24Q1 ’25Q3 ’25$779mQ2 ’26$0m$500mQ3 ’24Q1 ’25Q3 ’25$779mQ2 ’26
Source: SEC filings
Last 12 monthsNRGSector median
Revenue growth+12.8%+8.3%
Operating margin6.1%23.0%
Free cash flow margin1.1%−14.5%
Price to earnings25.4x21.1x

Similar companies

Independent Power Producers & Energy Traders, by market value.

CompanyPriceTodayYTDValue
NEENextEra Energy$83.71+1.91%+4.3%$176B
SOSouthern$93.71+0.77%+7.5%$108B
DUKDuke Energy$127.39+1.18%+8.7%$99.33B
CEGConstellation Energy$262.38−0.83%−25.7%$92.96B
AEPAmerican Electric Power$130.21+0.67%+12.9%$70.90B
DDominion Energy$66.62+2.30%+13.7%$58.59B
SRESempra$86.06+0.20%−2.5%$56.27B
ETREntergy$110.11+0.13%+19.1%$52.61B