NRG
NRG EnergyPrevious close
96.06
Change
−1.48 / −1.52%
P/E (TTM) ?
23.8
Market Cap
$20.0B
1M
+0.43%
S&P 500 −0.91% over same period
Volume / Avg Volume
2.2M / 3.0M
0.72× average
Latest earnings analysisFY2026 Q2Reported 2026-08-04
NRG Q2 2026: $506 million GAAP profit, guidance reaffirmed
NRG earned $506 million on a GAAP basis, a $610 million swing from a year ago, but most of that came from $289 million of non-cash hedge gains stripped out of adjusted results. Adjusted EPS of $1.49 missed the $1.71 consensus and slipped from $1.73, and the LS Power acquisition lifted long-term debt to $21.74 billion. Read the GAAP line as hedge noise, the adjusted line as the operating signal, and the balance sheet as the real question.
Read the full analysis →Revenue$7.32BYoY +8.60%
EPS (non-GAAP)$1.49Missest. $1.71
Next-day move+3.15%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-08-04 | $7.3B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-05-06 | $10.1B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-24 | $30.3B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-11-06 | $7.5B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-08-06 | $6.7B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-05-12 | $8.5B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 40 of its 5-year rangeMid-range
5-year range 9.5 – 145.6 · Median 24.8
Last 4 quarters: $1.6B in buybacks + $0 in dividends, 8.20% of market cap combined
P/E (TTM)
23.8
P/B
4.2
P/S
0.6
Dividend Yield
3.29%
Earnings Reaction
Over the last 6 reports, the stock moved ±3.0% on average on the first trading day after, rising 4 times
Most recent +3.15%
Volatility & Correlation
1-year beta 1.10 · Correlation with S&P 500 0.26Tracks the market
Annualized volatility 51% vs. 12% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 1 · $0.19MNet selling $0.19M
- 09-08Spencer Gerald AlfredSVP & Chief Accounting OfficerSell$0.19M1,580 shares · Avg price 120.93
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 7.32 | +9.7% | — | 0.51 | 2.31 |
| FY2026 Q1 | 10.14 | +19.4% | — | 0.13 | 0.52 |
| FY2025 Q4 | 7.68 | +13.6% | — | 0.07 | 0.33 |
| FY2025 Q3 | 7.50 | +5.3% | — | 0.15 | 0.69 |
| FY2025 Q2 | 6.67 | +3.0% | — | -0.10 | -0.62 |
| FY2025 Q1 | 8.49 | +15.0% | — | 0.75 | 3.61 |
| FY2024 Q4 | 6.76 | +1.5% | — | 0.64 | 3.10 |
| FY2024 Q3 | 7.13 | −9.3% | — | -0.77 | -3.79 |
| FY2024 Q2 | 6.48 | +4.2% | — | 0.74 | 3.37 |
| FY2024 Q1 | 7.38 | −1.8% | — | 0.51 | 2.31 |
| FY2023 Q4 | 6.66 | −13.0% | — | 0.48 | 2.04 |
| FY2023 Q3 | 7.86 | −6.0% | — | 0.34 | 1.41 |