# NRG Energy, Inc. (NRG)

**Exchange:** NYSE  
**Sector:** Utilities  
**Market cap:** $24.66B  
**Price:** $123.93 (+2.72%)

> NRG Energy, Inc. is an integrated energy company that produces, sells, and distributes electricity and energy services across key U.S. markets. The company operates through segments including Texas, East, West/Services/Other, Vivint Smart Home, and Corporate Activities, reflecting a mix of power generation, retail energy supply, and home services. NRG Energy serves residential, commercial, and industrial customers with electricity and related energy solutions, often bundled with value-added services such as home protection and smart home offerings through its Vivint Smart Home segment. Its portfolio spans conventional generation assets and retail brands that compete in deregulated power markets, particularly in Texas and the Eastern United States. Headquartered in Houston, Texas, NRG Energy plays a significant role in providing reliable power and customer-centric energy services, acting as a key intermediary between wholesale power markets and end users.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $30.35B | — | $1.84B | $864M | — |
| 2024 | $27.75B | — | $2.42B | $1.13B | — |
| 2023 | $28.26B | — | $384M | -$202M | — |
| 2022 | $31.49B | — | $2.02B | $1.22B | — |
| 2021 | $26.78B | — | $3.34B | $2.19B | — |
| 2020 | $8.69B | $2.15B | $1.10B | $510M | — |
| 2019 | $7.99B | $688M | $1.29B | $4.44B | — |
| 2018 | $8.15B | $1.04B | $982M | $268M | — |
| 2017 | $9.07B | $2.19B | -$741M | -$2.15B | — |
| 2016 | $8.91B | $2.24B | $33M | -$774M | — |
| 2015 | $12.33B | $3.33B | -$4.05B | -$6.38B | — |
| 2014 | $15.87B | $4.06B | $1.27B | $134M | — |
| 2013 | $11.29B | $3.17B | $343M | -$386M | — |
| 2012 | $8.42B | $2.28B | $350M | $295M | — |
| 2011 | $9.08B | $2.33B | $635M | $197M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $29.14B | $27.46B | $1.68B | $4.71B | $16.58B |
| 2024 | $24.02B | $21.54B | $2.48B | $966M | $10.89B |
| 2023 | $26.04B | $23.13B | $2.91B | $541M | $10.94B |
| 2022 | $29.15B | $25.32B | $3.83B | $430M | $8.10B |
| 2021 | $23.18B | $19.58B | $3.60B | $250M | $8.10B |
| 2020 | $14.90B | $13.22B | $1.68B | $3.90B | $8.86B |
| 2019 | $12.53B | $10.85B | $1.66B | $345M | $6.04B |
| 2018 | $10.63B | $11.84B | -$1.23B | $563M | $6.69B |
| 2017 | $23.36B | $21.31B | $1.97B | $770M | $9.49B |
| 2016 | $30.68B | $26.19B | $4.45B | $591M | $16.70B |
| 2015 | $32.88B | $27.12B | $5.43B | $853M | $19.62B |
| 2014 | $40.47B | $28.48B | $11.68B | $2.12B | $20.37B |
| 2013 | $33.90B | $23.18B | $10.47B | $2.25B | $16.80B |
| 2012 | $34.98B | $24.46B | $10.27B | $2.09B | $15.87B |
| 2011 | $26.90B | $18.98B | $7.67B | $1.10B | $9.73B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $1.91B | $1.15B | $766M |
| 2024 | $2.31B | $472M | $1.83B |
| 2023 | -$221M | $598M | -$819M |
| 2022 | $360M | $367M | -$7M |
| 2021 | $493M | $269M | $224M |
| 2020 | $1.84B | $230M | $1.61B |
| 2019 | $1.41B | $228M | $1.19B |
| 2018 | $1.38B | $388M | $989M |
| 2017 | $1.61B | $254M | $1.36B |
| 2016 | $1.91B | $544M | $1.36B |
| 2015 | $1.35B | $1.03B | $320M |
| 2014 | $1.51B | $909M | $601M |
| 2013 | $1.27B | $1.99B | -$717M |
| 2012 | $1.15B | $3.40B | -$2.25B |
| 2011 | $1.17B | $2.31B | -$1.14B |

Source: [CompaniesByCap](https://companiesbycap.com/company/NRG)