Utilities · Independent Power Producers & Energy Traders
NRG Energy: revenue, profit and dividends
In fiscal 2025, NRG Energy had revenue of $30.7B, up 9.6% a year on average since 2015, and net income of $864M (2.8% of revenue). Its dividend per share has gone up 6 years in a row, to $1.76. It has 40% fewer shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +9.2% vs 2024
- Ticker
- NRG · NYSE
- Sector
- Utilities
- Sub-industry
- Independent Power Producers & Energy Traders
- Headquarters
- Houston, Texas
- Founded
- 1992
- In the S&P 500 since
- January 29, 2010
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Nrg Energy, Inc. · CIK 0001013871
Revenue and net income
Revenue went from $5.99B in 2007 to $30.7B in 2025. Net loss in 2013, 2015–2017, 2023.
Diluted earnings per share
Diluted EPS went from $1.96 in 2007 to $4.01 in 2025.
Dividends per share
Raised 6 years in a row, every year from 2020 to 2025. Ten-year growth: 11.7% a year.
Shares outstanding
39.5% fewer shares in 2025 than in 2015 (329M → 199M): buybacks outweighed new shares.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $766M in 2025, 2.5% of revenue. Negative in 2011–2013, 2022–2023.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $30.7B | $864M | 2.8% | $4.01 | $1.76 | 199M | $1.91B | $1.15B | $766M |
| 2024 | $28.1B | $1.12B | 4.0% | $4.99 | $1.63 | 212M | $2.31B | $472M | $1.83B |
| 2023 | $28.8B | −$202M | −0.7% | −$1.12 | $1.51 | 228M | −$221M | $598M | −$819M |
| 2022 | $31.5B | $1.22B | 3.9% | $5.17 | $1.40 | 236M | $360M | $367M | −$7.0M |
| 2021 | $27B | $2.19B | 8.1% | $8.93 | $1.30 | 245M | $493M | $269M | $224M |
| 2020 | $9.09B | $510M | 5.6% | $2.07 | $1.20 | 246M | $1.84B | $230M | $1.61B |
| 2019 | $9.82B | $4.44B | 45.2% | $16.81 | $0.12 | 264M | $1.41B | $228M | $1.19B |
| 2018 | $9.48B | $268M | 2.8% | $0.87 | $0.12 | 308M | $1.38B | $388M | $989M |
| 2017 | $9.07B | −$2.15B | −23.7% | −$6.79 | $0.12 | 317M | $1.61B | $254M | $1.36B |
| 2016 | $8.91B | −$774M | −8.7% | −$2.22 | $0.23* | 316M | $1.91B | $544M | $1.36B |
| 2015 | $12.3B | −$6.38B | −51.8% | −$19.46 | $0.58* | 329M | $1.35B | $1.03B | $320M |
| 2014 | $15.9B | $134M | 0.8% | $0.23 | $0.14 | 339M | $1.51B | $909M | $601M |
| 2013 | $11.3B | −$386M | −3.4% | −$1.22 | — | 323M | $1.27B | $1.99B | −$717M |
| 2012 | $8.42B | $295M | 3.5% | $1.22 | $0.18* | 234M | $1.15B | $3.4B | −$2.25B |
| 2011 | $9.08B | $197M | 2.2% | $0.78 | — | 241M | $1.17B | $2.31B | −$1.14B |
| 2010 | $8.85B | $477M | 5.4% | $1.84 | — | 254M | $1.62B | $706M | $917M |
| 2009 | $8.95B | $942M | 10.5% | $3.44 | — | 271M | $2.11B | $734M | $1.37B |
| 2008 | $6.88B | $1.23B | 17.8% | $4.43 | — | 275M | $1.48B | $899M | $580M |
| 2007 | $5.99B | $573M | 9.6% | $1.96 | — | 288M | $1.52B | $481M | $1.04B |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data. * added up from quarterly reports.
About these figures
- Dividends per share for 2012, 2015–2016 are added up from the quarterly reports. For 2015 the annual figure filed was a single quarter’s dividend.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Independent Power Producers & Energy Traders companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.