Why did NRG Energy (NRG) stock move recently?

On 8/5/2026, NRG Energy moved -9.0% — NRG Energy fell after Q2 adjusted EPS of $1.49 missed the ~$1.82 estimate, hurt by higher interest and depreciation costs tied to its LS Power acquisition and weaker Texas power prices; management said full-year results should land below the guidance midpoint. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is NRG Energy (NRG) overvalued or fairly valued?

MarketChacha shows NRG Energy's valuation in context — a trailing P/E of about 41.3, a forward P/E of about 10.9, a price-to-book of about 6.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does NRG Energy's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.24×) from reported figures — education, not a rating.

What is NRG Energy's revenue?

NRG Energy reported revenue of $30.3B for FY2025, with net profit of $864.0M, per official filings.

What is the share price of NRG Energy (NRG)?

NRG Energy last traded at $119.79 (+0.7% on the day), as of 8/11/2026 — a delayed quote shown for education, not investment advice.

NRG Energy

NRG · NYSE · Utilities · United States

Snapshot

TickerNRG

ExchangeNYSE

SectorUtilities

IndustryUtilities - Independent Power Producers

CountryUnited States

Employees16,702

HeadquartersHouston, United States

Websitewww.nrg.com

Filings tracked25

About NRG Energy

NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through the Texas, East, West/Other, Vivint Smart Home, and Corporate Activities segments. The company offers retail electricity, energy management, demand response and virtual power plant programs, carbon offsets, smart home security, and automation services. It also offers system power, distributed and backup generation, energy storage, energy management, renewable and low-carbon products, and carbon management solutions for large business and commercial customers; a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions; and generation portfolio includes fossil fuel and renewable generation assets diversified by fuel type and dispatch level, with ongoing development of new natural gas and renewable projects. In addition, the company trades in power, natural gas, and related products; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. It offers its products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, and Vivint. It serves residential, commercial, government, industrial, data center, and wholesale customers. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.

Who owns it

Insiders4.4%
Institutions95.6%
Public & other0.0%

1,439 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.37%
FMR, LLC8.25%
Vanguard Capital Management LLC6.54%
Vanguard Portfolio Management LLC5.36%
State Street Corporation5.32%
Victory Capital Management Inc.4.51%
Franklin Resources, Inc.3.65%
Geode Capital Management, LLC2.83%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.24×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend-0.7% → 2.8%

Margin has expanded by about 3.6 points — the business is getting more profitable.

Return on equity51.4%

Latest ROE of 51.4% — capital is generating a healthy return.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $10.4B · EPS 2.65

Est. earnings growth +154.5%

Next fiscal year

Rev $38.4B · EPS 11.08

Est. earnings growth +26.1%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$30.3B

Net margin

2.8%

ROE

51.4%

Revenue CAGR (2y)

+3.6%

EPS (FY2025)

4.01

Net profit (FY2025)

$864.0M

Ask MarketChacha about NRG

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 5, 2026
NRG Energy fell after Q2 adjusted EPS of $1.49 missed the ~$1.82 estimate, hurt by higher interest and depreciation costs tied to its LS Power acquisition and weaker Texas power prices; management said full-year results should land below the guidance midpoint.
source 1 ↗source 2 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$30.3B	$864.0M	4.01	2.8%	51.4%
FY2024	$27.7B	$1.1B	4.99	4.1%	45.4%
FY2023	$28.3B	$-202.0M	-1.12	-0.7%	-7.0%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$7.3B	$506.0M	2.31	6.9%
2026Q1	$10.1B	$125.0M	0.52	1.2%
2025Q3	$7.5B	$152.0M	0.69	2.0%
2025Q2	$6.7B	$-104.0M	-0.62	-1.6%
2025Q1	$8.5B	$750.0M	3.61	8.8%
2024Q3	$7.1B	$-767.0M	-3.79	-10.8%
2024Q2	$6.5B	$738.0M	3.37	11.4%
2024Q1	$7.4B	$511.0M	2.31	6.9%
2023Q3	$7.9B	$343.0M	1.41	4.4%
2023Q2	$6.2B	$308.0M	1.25	5.0%
2023Q1	$7.5B	$-1.3B	-5.82	-17.8%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/4/2026
8-K — Results of operations, Exhibits
SEC8/4/2026material
8-K — Other events
SEC7/15/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC5/21/2026material
8-K — Results of operations, Exhibits
SEC5/6/2026material
10-Q filing
SEC5/6/2026
8-K — Shareholder vote results
SEC5/1/2026material
8-K/A — Executive/director change, Exhibits
SEC4/30/2026
8-K — Material agreement, Material financial obligation, Reg FD disclosure, Exhibits
SEC4/28/2026material
8-K — Reg FD disclosure, Exhibits
SEC4/14/2026material
8-K — Executive/director change
SEC4/7/2026material
8-K — Material agreement, Other events, Exhibits
SEC3/4/2026material
8-K — Other events, Exhibits
SEC3/2/2026material
8-K — Results of operations, Exhibits
SEC2/24/2026material
10-K filing
SEC2/24/2026
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC2/4/2026material
8-K — Reg FD disclosure, Exhibits
SEC2/2/2026material
8-K/A — Other events, Exhibits
SEC2/2/2026
8-K — Material agreement, Completion of acquisition/disposition, Material financial obligation, Unregistered equity sale, Reg FD disclosure, Exhibits
SEC1/30/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC1/7/2026material
8-K — Executive/director change
SEC1/2/2026material

2025

8-K — Results of operations, Exhibits
SEC11/6/2025material
10-Q filing
SEC11/6/2025
8-K — Material agreement, Material financial obligation, Exhibits
SEC10/8/2025material
8-K — Material agreement, Material financial obligation
SEC10/1/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.