NRG Energy Inc.
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 servi… Read more
NRG Energy Inc. (NRG) - Net Assets
Latest net assets as of December 2025: $1.68 Billion USD
Based on the latest financial reports, NRG Energy Inc. (NRG) has net assets worth $1.68 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.14 Billion) and total liabilities ($27.46 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.68 Billion |
| % of Total Assets | 5.77% |
| Annual Growth Rate | 4.65% |
| 5-Year Change | -53.31% |
| 10-Year Change | -62.58% |
| Growth Volatility | 59.8 |
NRG Energy Inc. - Net Assets Trend (1997–2025)
This chart illustrates how NRG Energy Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NRG Energy Inc. (1997–2025)
The table below shows the annual net assets of NRG Energy Inc. from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.68 Billion | -32.16% |
| 2024-12-31 | $2.48 Billion | -14.73% |
| 2023-12-31 | $2.91 Billion | -24.09% |
| 2022-12-31 | $3.83 Billion | +6.33% |
| 2021-12-31 | $3.60 Billion | +114.29% |
| 2020-12-31 | $1.68 Billion | +0.12% |
| 2019-12-31 | $1.68 Billion | +238.11% |
| 2018-12-31 | $-1.22 Billion | -159.38% |
| 2017-12-31 | $2.05 Billion | -54.45% |
| 2016-12-31 | $4.49 Billion | -22.08% |
| 2015-12-31 | $5.76 Billion | -51.90% |
| 2014-12-31 | $11.99 Billion | +11.83% |
| 2013-12-31 | $10.72 Billion | -0.59% |
| 2012-12-31 | $10.78 Billion | +40.59% |
| 2011-12-31 | $7.67 Billion | -4.99% |
| 2010-12-31 | $8.07 Billion | +4.87% |
| 2009-12-31 | $7.70 Billion | +8.27% |
| 2008-12-31 | $7.11 Billion | +29.16% |
| 2007-12-31 | $5.50 Billion | -2.74% |
| 2006-12-31 | $5.66 Billion | +128.37% |
| 2005-12-31 | $2.48 Billion | -8.16% |
| 2004-12-31 | $2.70 Billion | +9.04% |
| 2003-12-31 | $2.47 Billion | +471.35% |
| 2002-12-31 | $-666.36 Million | -128.91% |
| 2001-12-31 | $2.30 Billion | +56.08% |
| 2000-12-31 | $1.48 Billion | +62.64% |
| 1999-12-31 | $908.03 Million | +53.16% |
| 1998-12-31 | $592.85 Million | +26.00% |
| 1997-12-31 | $470.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NRG Energy Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2145.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.98 Billion | 117.91% |
| Common Stock | $2.00 Million | 0.12% |
| Other Comprehensive Income | $-81.00 Million | -4.82% |
| Total Equity | $1.68 Billion | 100.00% |
NRG Energy Inc. Competitors by Market Cap
The table below lists competitors of NRG Energy Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Walmart Inc
SA:WALM34
|
$29.99 Billion |
|
Teledyne Technologies Incorporated
NYSE:TDY
|
$30.04 Billion |
|
Daito Trust Construction Co.Ltd
PINK:DITTF
|
$30.07 Billion |
|
Copart Inc
NASDAQ:CPRT
|
$30.07 Billion |
|
Iron Mountain Incorporated
NYSE:IRM
|
$29.90 Billion |
|
Sika AG
PINK:SKFOF
|
$29.81 Billion |
|
EQT AB (publ)
PINK:EQBBF
|
$29.77 Billion |
|
Nokia Oyj
HE:NOKIA
|
$29.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NRG Energy Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,478,000,000 to 1,681,000,000, a change of -797,000,000 (-32.2%).
- Net income of 864,000,000 contributed positively to equity growth.
- Dividend payments of 411,000,000 reduced retained earnings.
- Share repurchases of 1,403,000,000 reduced equity.
- Other comprehensive income increased equity by 36,000,000.
- Other factors increased equity by 117,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $864.00 Million | +51.4% |
| Dividends Paid | $411.00 Million | -24.45% |
| Share Repurchases | $1.40 Billion | -83.46% |
| Other Comprehensive Income | $36.00 Million | +2.14% |
| Other Changes | $117.00 Million | +6.96% |
| Total Change | $- | -32.16% |
Book Value vs Market Value Analysis
This analysis compares NRG Energy Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 18.32x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 101.36x to 18.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $1.53 | $154.75 | x |
| 1998-12-31 | $1.96 | $154.75 | x |
| 1999-12-31 | $3.03 | $154.75 | x |
| 2000-12-31 | $4.51 | $154.75 | x |
| 2001-12-31 | $5.72 | $154.75 | x |
| 2002-12-31 | $-1.75 | $154.75 | x |
| 2003-12-31 | $12.19 | $154.75 | x |
| 2004-12-31 | $13.39 | $154.75 | x |
| 2005-12-31 | $14.49 | $154.75 | x |
| 2006-12-31 | $18.80 | $154.75 | x |
| 2007-12-31 | $19.11 | $154.75 | x |
| 2008-12-31 | $25.85 | $154.75 | x |
| 2009-12-31 | $28.36 | $154.75 | x |
| 2010-12-31 | $31.71 | $154.75 | x |
| 2011-12-31 | $31.06 | $154.75 | x |
| 2012-12-31 | $43.86 | $154.75 | x |
| 2013-12-31 | $30.50 | $154.75 | x |
| 2014-12-31 | $29.65 | $154.75 | x |
| 2015-12-31 | $9.15 | $154.75 | x |
| 2016-12-31 | $6.46 | $154.75 | x |
| 2017-12-31 | $-1.09 | $154.75 | x |
| 2018-12-31 | $-4.01 | $154.75 | x |
| 2019-12-31 | $6.28 | $154.75 | x |
| 2020-12-31 | $6.83 | $154.75 | x |
| 2021-12-31 | $14.69 | $154.75 | x |
| 2022-12-31 | $16.22 | $154.75 | x |
| 2023-12-31 | $12.75 | $154.75 | x |
| 2024-12-31 | $11.69 | $154.75 | x |
| 2025-12-31 | $8.45 | $154.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NRG Energy Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 51.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.81%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 17.33x
- Recent ROE (51.40%) is above the historical average (15.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 4.88% | 18.59% | 0.10x | 2.59x | $-23.09 Million |
| 1998 | 7.20% | 22.91% | 0.14x | 2.23x | $-16.20 Million |
| 1999 | 6.40% | 11.44% | 0.15x | 3.84x | $-32.17 Million |
| 2000 | 12.51% | 10.11% | 0.30x | 4.09x | $36.73 Million |
| 2001 | 11.85% | 12.71% | 0.16x | 5.76x | $41.29 Million |
| 2002 | 0.00% | -205.21% | 0.16x | 0.00x | $-3.39 Billion |
| 2003 | 113.94% | 162.40% | 0.18x | 3.80x | $2.53 Billion |
| 2004 | 6.91% | 8.84% | 0.27x | 2.91x | $-83.22 Million |
| 2005 | 3.39% | 3.50% | 0.32x | 3.00x | $-163.70 Million |
| 2006 | 10.98% | 11.12% | 0.29x | 3.43x | $55.20 Million |
| 2007 | 10.65% | 9.78% | 0.31x | 3.50x | $35.60 Million |
| 2008 | 17.23% | 17.79% | 0.28x | 3.49x | $514.10 Million |
| 2009 | 12.26% | 10.52% | 0.38x | 3.04x | $173.50 Million |
| 2010 | 5.92% | 5.39% | 0.33x | 3.34x | $-328.50 Million |
| 2011 | 2.63% | 2.17% | 0.34x | 3.57x | $-551.60 Million |
| 2012 | 2.87% | 3.50% | 0.24x | 3.42x | $-731.40 Million |
| 2013 | -3.92% | -3.42% | 0.33x | 3.44x | $-1.37 Billion |
| 2014 | 1.33% | 0.84% | 0.39x | 4.05x | $-871.30 Million |
| 2015 | -212.10% | -51.77% | 0.37x | 10.93x | $-6.68 Billion |
| 2016 | -37.92% | -8.68% | 0.29x | 14.87x | $-978.10 Million |
| 2017 | 0.00% | -23.73% | 0.39x | 0.00x | $-2.12 Billion |
| 2018 | 0.00% | 2.83% | 0.89x | 0.00x | $391.40 Million |
| 2019 | 267.67% | 45.19% | 0.78x | 7.56x | $4.27 Billion |
| 2020 | 30.36% | 5.61% | 0.61x | 8.87x | $342.00 Million |
| 2021 | 60.75% | 8.10% | 1.16x | 6.44x | $1.83 Billion |
| 2022 | 31.90% | 3.87% | 1.08x | 7.61x | $838.20 Million |
| 2023 | -6.95% | -0.70% | 1.11x | 8.96x | $-492.60 Million |
| 2024 | 45.40% | 4.00% | 1.17x | 9.69x | $877.20 Million |
| 2025 | 51.40% | 2.81% | 1.05x | 17.33x | $695.90 Million |
Industry Comparison
This section compares NRG Energy Inc.'s net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $8,322,665,380
- Average return on equity (ROE) among peers: -32.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NRG Energy Inc. (NRG) | $1.68 Billion | 4.88% | 16.33x | $29.97 Billion |
| AGL Energy Ltd (AGLXY) | $6.52 Billion | 6.30% | 1.16x | $3.74 Billion |
| Constellation Energy Corp (CEG) | $15.83 Billion | 7.11% | 2.10x | $104.28 Billion |
| CGN New Energy Holdings Co. Ltd (CGEGF) | $1.69 Billion | 15.85% | 3.95x | $289.43 Million |
| CGN Power Co. Ltd (CGNWF) | $24.05 Billion | 6.27% | 1.61x | $3.13 Billion |
| Capital Power Corporation (CPXWF) | $2.93 Billion | 4.64% | 2.04x | $4.85 Billion |
| Centrica plc (CPYYF) | $1.64 Billion | -9.44% | 5.75x | $8.61 Billion |
| China Resources Power Holdings Company Limited (CRPJF) | $30.16 Billion | 5.69% | 1.64x | $5.01 Billion |
| Digihost Technology Inc (DGHI) | $10.44 Million | -49.70% | 0.58x | $32.68 Million |
| Digi Power X Inc. (DGXX) | $9.18 Million | -315.50% | 0.74x | $63.31 Million |
| Energy World Corporation Ltd (EWCLF) | $390.67 Million | 5.31% | 0.59x | $5.35 Million |