NRG ENERGY, INC.
NRGNYSEUtilities · Electric Services · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $30.35B | $27.75B | $28.26B | $31.49B | $26.78B | $8.69B |
| Operating income | $1.84B | $2.42B | $384.0M | $2.02B | $3.34B | $1.10B |
| Net income | $864.0M | $1.13B | −$202.0M | $1.22B | $2.19B | $510.0M |
| Total assets | $29.14B | $24.02B | $26.04B | $29.15B | $23.18B | $14.90B |
| Total liabilities | $27.46B | $21.54B | $23.13B | $25.32B | $19.58B | $13.22B |
| Equity | $1.68B | $2.48B | $2.91B | $3.83B | $3.60B | $1.68B |
| EPS (diluted) | $4.01 | $4.99 | $-1.12 | $5.17 | $8.93 | $2.07 |
| Shares out. | 198.1M | 208.0M | 229.8M | 242.2M | 244.7M | 247.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 6.1%
- Net margin
- 2.8%
- Return on equity
- 51.4%
- Return on assets
- 3.0%
- Return on capital (ROCE)
- 8.7%
- Liabilities / assets
- 94.2%
- Debt / equity
- 16.33×
- Book value / share
- $8.49
- Revenue growth (YoY)
- 9.4%
- Net income growth (YoY)
- −23.2%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 1.86grey zone
- Accruals / assets
- −3.6%clean
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 warning● 5 good- High leverage (liabilities > 70% of assets)
- Altman Z″ in the grey zone
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Spencer Gerald AlfredOfficer — SVP & Chief Accounting Officer | May 1, 2026 | Grant | 13 | — |
| Bentley BradOfficer — Exec VP, Pres NRG Consumer | May 1, 2026 | Grant | 100 | — |
| Curci BrianOfficer — Exec VP & General Counsel | May 1, 2026 | Grant | 40 | — |
| Kinney VirginiaOfficer — Exec VP, Chief Admin Officer | May 1, 2026 | Grant | 30 | — |
| Liyanearachchi DakOfficer — Exec VP, Chief Technology Ofc. | May 1, 2026 | Grant | 22 | — |
| Carrillo AntonioDirector | May 1, 2026 | Grant | 58 | — |
| Carter Matthew JrDirector | May 1, 2026 | Grant | 129 | — |
| Cox HeatherDirector | May 1, 2026 | Grant | 79 | — |
| Donohue Elisabeth BDirector | May 1, 2026 | Grant | 73 | — |
| Kapoor SanjayDirector | May 1, 2026 | Grant | 4 | — |
| Pourbaix Alexander JDirector | May 1, 2026 | Grant | 31 | — |
| Pruner AlexandraDirector | May 1, 2026 | Grant | 96 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 4.1M | 1.3 | -13.6% |
| Apr 30, 2026 | 4.7M | 1.7 | -6.2% |
| Apr 15, 2026 | 5.0M | 2.1 | +17.9% |
| Mar 31, 2026 | 4.2M | 1.8 | +3.7% |
| Mar 13, 2026 | 4.1M | 1.0 | -7.3% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Regulation FD disclosureMay 21, 2026
- Results of operationsMay 6, 2026
- Shareholder voteMay 1, 2026
- Entered a material agreement · New financial obligation · Regulation FD disclosureApr 28, 2026
- Regulation FD disclosureApr 14, 2026
- Director / officer changeApr 7, 2026
- Entered a material agreement · Other material eventMar 4, 2026
- Other material eventMar 2, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SDFORM SDMay 29, 2026
- 8-KFORM 8-KMay 21, 2026
- 10-QMay 6, 2026
- 8-KMay 6, 2026
- 4OWNERSHIP DOCUMENTMay 5, 2026
- 4OWNERSHIP DOCUMENTMay 5, 2026
- 4OWNERSHIP DOCUMENTMay 5, 2026
- 4OWNERSHIP DOCUMENTMay 5, 2026
- 4OWNERSHIP DOCUMENTMay 5, 2026
- 4OWNERSHIP DOCUMENTMay 5, 2026
- 4OWNERSHIP DOCUMENTMay 5, 2026
- 4OWNERSHIP DOCUMENTMay 5, 2026
- 4OWNERSHIP DOCUMENTMay 5, 2026
- 4OWNERSHIP DOCUMENTMay 5, 2026
- 4OWNERSHIP DOCUMENTMay 5, 2026