# NRG ENERGY, INC. (NRG) · Edgar & Edgarette company card

> Nrg Energy (NRG) grew revenue 9.2% in FY2025 to $30.7 billion, operating margin 6.0% against a 20.3% median for electric services, equity 5.8% of assets, and dividend per share up 6 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1013871 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/NRG) · [JSON](https://www.pops4.com/boards/company/NRG.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $30.7B |
| Revenue growth, 1 year | 9.2% |
| Revenue growth per year | 3.3% |
| Operating margin | 6.0% (prior year 8.6%) |
| Net margin | 2.8% |
| Operating cash flow | $1.9B |
| Capital spending | $1.1B |
| Free cash flow | $766M |
| Cash | $4.7B |
| Long-term debt | $16.4B |
| Total assets | $29.1B |
| Total equity | $1.7B |
| Equity ÷ assets | 5.8% |
| Return on equity | 51.4% |
| Dividend per share | $1.76 |
| Dividend years rising | 6 |

## Readings, computed from those figures

- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $30.7B (FY2025), total debt $16.4B. Experience: revenue up 9.2% on the year, up 3.3% a year over 4 years; operating margin 6.0%, down from 8.6%. Soundness: equity 5.8% of assets, return on equity 51.4%, payout 47.6% of profit, dividend per share up 6 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $27.3B and $35.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $24.5B to $38.6B. A statistical range, not company guidance. Against peers (40 filers, $50M+ revenue, electric services): operating margin 6.0% against a 20.3% median; growth 9.2% against 9.4%.

Range logged 2026-09-26, receipt e725bb8eb52c792b, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 5, latest 2026-05-21 ([filing](https://www.sec.gov/Archives/edgar/data/1013871/000110465926064884/0001104659-26-064884-index.htm))

## Recent filings

- 10-Q · filed 2026-11-09 · [filing](https://www.sec.gov/Archives/edgar/data/1013871/000101387126000025/0001013871-26-000025-index.htm)
- 8-K · filed 2026-11-09 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1013871/000110465926124147/0001104659-26-124147-index.htm)
- 8-K · filed 2026-11-09 · 2.02 Results of Operations and Financial Condition · [filing](https://www.sec.gov/Archives/edgar/data/1013871/000101387126000022/0001013871-26-000022-index.htm)
- 10-Q · filed 2026-08-04 · [filing](https://www.sec.gov/Archives/edgar/data/1013871/000101387126000020/0001013871-26-000020-index.htm)
- 8-K · filed 2026-08-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1013871/000101387126000018/0001013871-26-000018-index.htm)
- 8-K · filed 2026-07-15 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1013871/000110465926083743/0001104659-26-083743-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001013871.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1013871

## Cite

POPS4, Edgar & Edgarette: NRG ENERGY, INC. (NRG) company card, from the company's own SEC filings, accessed 2026-11-11, https://www.pops4.com/boards/company/NRG. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.