Capital Expenditures for NRG Energy (NRG)
According to NRG Energy's latest reported financial statements, the company's current capital expenditures (TTM) is $1.15B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

NRG
Currently viewingCapital ExpendituresSwitch metric
Latest period
$1.15B
YoY change
+143.0%
5Y CAGR
+37.9%
Peak year (2012)
$3.40B
Cumulative capital expenditures
$21.34B
CapEx history chart for NRG Energy (NRG) from 1997 to 2025
CapEx history table for NRG Energy (NRG) from 1997 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $1.15B | +143.0% | ||
| 2024 | $472.00M | -21.1% | ||
| 2023 | $598.00M | +62.9% | ||
| 2022 | $367.00M | +36.4% | ||
| 2021 | $269.00M | +17.0% | ||
| 2020 | $230.00M | +0.9% | ||
| 2019 | $228.00M | -41.2% | ||
| 2018 | $388.00M | +52.8% | ||
| 2017 | $254.00M | -74.0% | ||
| 2016 | $976.00M | -23.9% | ||
| 2015 | $1.28B | +41.1% | ||
| 2014 | $909.00M | -54.3% | ||
| 2013 | $1.99B | -41.5% | ||
| 2012 | $3.40B | +47.0% | ||
| 2011 | $2.31B | +227.2% | ||
| 2010 | $706.00M | -3.8% | ||
| 2009 | $734.00M | -18.4% | ||
| 2008 | $899.00M | +86.9% | ||
| 2007 | $481.00M | +117.6% | ||
| 2006 | $221.00M | +108.5% | ||
| 2005 | $106.00M | -10.9% | ||
| 2004 | $119.00M | -4.1% | ||
| 2003 | $124.06M | -91.4% | ||
| 2002 | $1.44B | +8.9% | ||
| 2001 | $1.32B | +491.4% | ||
| 2000 | $223.56M | +135.7% | ||
| 1999 | $94.85M | +199.0% | ||
| 1998 | $31.72M | +17.8% | ||
| 1997 | $26.94M | — |
CapEx values are taken from NRG Energy's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of NRG Energy (NRG) capital expenditures is $1.15B – surged 143.0% year-over-year.
Over 2020–2025 (5 years), NRG Energy capital expenditures expanded at a +37.9% compound annual rate, with the latest reading among the more recent periods of the dataset.
NRG Energy capital expenditures plunged from $3.40B in 2012 to $1.15B in 2025, a 66.2% drawdown.
2012 marks the peak capital expenditures at $3.40B, with the historical low of $26.94M recorded in 1997.
Among 8 Utilities peers, NRG Energy (NRG) ranks 8th; the peer median for capital expenditures is $9.94B.
NRG Energy Capital Expenditures by Year
NRG Energy Capital Expenditures 2025: $1.15B
NRG Energy capital expenditures in 2025 was $1.15B, surged 143.0% from 2024.
NRG Energy Capital Expenditures 2024: $472.00M
NRG Energy capital expenditures in 2024 was $472.00M, declined 21.1% below 2023.
NRG Energy Capital Expenditures 2023: $598.00M
NRG Energy capital expenditures in 2023 was $598.00M, surged 62.9% from 2022.
NRG Energy Capital Expenditures 2022: $367.00M
NRG Energy capital expenditures in 2022 was $367.00M, surged 36.4% from 2021.
NRG Energy Capital Expenditures 2021: $269.00M
NRG Energy capital expenditures in 2021 was $269.00M.
See more financial history for NRG Energy (NRG).
Sector peers — CapEx
Companies in the same sector as NRG Energy, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $14.02B | Utilities |
| The Southern Company (SO) | $13.39B | Utilities |
| Dominion Energy, Inc. (D) | $12.64B | Utilities |
| Sempra (SRE) | $10.61B | Utilities |
| NextEra Energy, Inc. (NEE) | $9.27B | Utilities |
| Constellation Energy Corporation (CEG) | $2.95B | Utilities |
| GE Vernova Inc. (GEV) | $1.28B | Utilities |
| American Electric Power Company, Inc. (AEP) | $130.00M | Utilities |
Frequently asked questions
What is NRG Energy's capital expenditures?
- Latest reported capital expenditures for NRG Energy (NRG) is $1.15B (period ending December 31, 2025).
How has NRG Energy capital expenditures changed year-over-year?
- NRG Energy (NRG) capital expenditures changed +143.0% year-over-year on the latest annual filing.
What is the long-term growth rate of NRG Energy capital expenditures?
- NRG Energy (NRG) capital expenditures compound annual growth rate is +37.9% over the most recent 5 years available.
When did NRG Energy capital expenditures hit its highest annual value?
- NRG Energy capital expenditures reached its highest annual value of $3.40B in 2012.
What was NRG Energy capital expenditures in 2024?
- NRG Energy (NRG) capital expenditures in 2024 was $472.00M.
What was NRG Energy capital expenditures in 2025?
- NRG Energy (NRG) capital expenditures in 2025 was $1.15B.
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