NRG Energy (NRG) valuation
NRG Energy P/E ratio history
NRG Energy trades at 25.0 times its earnings over the last twelve months and 9.9 times the earnings analysts expect over the next twelve. At its last 7 fiscal year ends its P/E ranged from 2.3 (year to Dec 2019) to 48.3 (year to Dec 2018), with a median of 18.1.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $159.24 | $4.01 | 39.7 | 17.8 |
| Dec 31, 2024 | $90.22 | $4.99 | 18.1 | 13.2 |
| Dec 31, 2023 | $51.70 | -$1.12 | n/m | 7.7 |
| Dec 31, 2022 | $31.82 | $5.17 | 6.2 | 6.0 |
| Dec 31, 2021 | $43.08 | $8.93 | 4.8 | 11.5 |
| Dec 31, 2020 | $37.55 | $2.07 | 18.1 | — |
| Dec 31, 2019 | $39.75 | $17.29 | 2.3 | — |
| Dec 31, 2018 | $39.60 | $0.82 | 48.3 | — |
| Dec 31, 2017 | $28.48 | -$6.81 | n/m | — |
| Dec 31, 2016 | $12.26 | -$2.22 | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
NRG Energy valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| NRG EnergyNRG | $20.3B | 25.0 | 9.9 | 0.6 |
| AESAES | $10.6B | 5.7 | 6.4 | 0.8 |
| Peer median | 5.7 | 6.4 | 0.8 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: NRG financials · NRG returns
No forecast, no recommendation. This page describes NRG Energy from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.