EBITDA for NRG Energy (NRG)
According to NRG Energy's latest reported financial statements, the company's current EBITDA (TTM) is $3.81B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

NRG
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$3.81B
YoY change
+8.7%
5Y CAGR
+17.2%
Peak year (2021)
$4.18B
Cumulative EBITDA
$47.41B
EBITDA history chart for NRG Energy (NRG) from 1997 to 2025
EBITDA history table for NRG Energy (NRG) from 1997 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $3.81B | +8.7% | ||
| 2024 | $3.50B | +100.2% | ||
| 2023 | $1.75B | -37.5% | ||
| 2022 | $2.80B | -33.0% | ||
| 2021 | $4.18B | +142.9% | ||
| 2020 | $1.72B | +1.5% | ||
| 2019 | $1.70B | +13.8% | ||
| 2018 | $1.49B | -1237.4% | ||
| 2017 | -$131.00M | -124.2% | ||
| 2016 | $541.00M | -121.6% | ||
| 2015 | -$2.50B | -186.7% | ||
| 2014 | $2.89B | +85.7% | ||
| 2013 | $1.55B | -12.8% | ||
| 2012 | $1.78B | +59.1% | ||
| 2011 | $1.12B | -50.5% | ||
| 2010 | $2.27B | -31.6% | ||
| 2009 | $3.31B | +10.4% | ||
| 2008 | $3.00B | +30.7% | ||
| 2007 | $2.29B | +12.1% | ||
| 2006 | $2.04B | +309.8% | ||
| 2005 | $499.00M | -28.6% | ||
| 2004 | $699.00M | -64.7% | ||
| 2003 | $1.98B | +0.3% | ||
| 2002 | $1.97B | -14.1% | ||
| 2001 | $2.30B | +278.7% | ||
| 2000 | $606.62M | +313.9% | ||
| 1999 | $146.55M | +99.8% | ||
| 1998 | $73.33M | +158.0% | ||
| 1997 | $28.42M | — |
EBITDA values are taken from NRG Energy's reported income 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
NRG Energy (NRG) most recent annual EBITDA stands at $3.81B (2025) – grew 8.7% year-over-year.
Over 2020–2025 (5 years), NRG Energy EBITDA expanded at a +17.2% compound annual rate, sustaining 2 straight years of year-over-year growth.
NRG Energy EBITDA declined from $4.18B in 2021 to $3.81B in 2025, a 9.0% drawdown.
2021 marks the peak EBITDA at $4.18B, with the historical low of -$2.50B recorded in 2015.
NRG Energy (NRG) sits 8th of 8 Utilities peers we track on this metric, against a peer median of $8.40B.
NRG Energy EBITDA by Year
NRG Energy EBITDA 2025: $3.81B
NRG Energy EBITDA in 2025 was $3.81B, grew 8.7% from 2024.
NRG Energy EBITDA 2024: $3.50B
NRG Energy EBITDA in 2024 was $3.50B, surged 100.2% from 2023.
NRG Energy EBITDA 2023: $1.75B
NRG Energy EBITDA in 2023 was $1.75B, plunged 37.5% below 2022.
NRG Energy EBITDA 2022: $2.80B
NRG Energy EBITDA in 2022 was $2.80B, plunged 33.0% below 2021.
NRG Energy EBITDA 2021: $4.18B
NRG Energy EBITDA in 2021 was $4.18B.
See more financial history for NRG Energy (NRG).
Sector peers — EBITDA
Companies in the same sector as NRG Energy, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $16.16B | Utilities |
| Duke Energy Corporation (DUK) | $15.67B | Utilities |
| The Southern Company (SO) | $14.33B | Utilities |
| American Electric Power Company, Inc. (AEP) | $8.79B | Utilities |
| Dominion Energy, Inc. (D) | $8.02B | Utilities |
| Sempra (SRE) | $6.87B | Utilities |
| Constellation Energy Corporation (CEG) | $5.01B | Utilities |
| GE Vernova Inc. (GEV) | $3.68B | Utilities |
Frequently asked questions
What is NRG Energy's EBITDA?
- Latest reported EBITDA for NRG Energy (NRG) is $3.81B (period ending December 31, 2025).
How has NRG Energy EBITDA changed year-over-year?
- NRG Energy (NRG) EBITDA changed +8.7% year-over-year on the latest annual filing.
What is the long-term growth rate of NRG Energy EBITDA?
- NRG Energy (NRG) EBITDA compound annual growth rate is +17.2% over the most recent 5 years available.
When did NRG Energy EBITDA hit its highest annual value?
- NRG Energy EBITDA reached its highest annual value of $4.18B in 2021.
What was NRG Energy EBITDA in 2024?
- NRG Energy (NRG) EBITDA in 2024 was $3.50B.
What was NRG Energy EBITDA in 2025?
- NRG Energy (NRG) EBITDA in 2025 was $3.81B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
NRG Overview
Company profile, financial tools, and key metrics
NRG Revenue Counter
Earns $973.81 every second. See per minute, hour, and day.
NRG Earnings Counter
Earns $27.40 per second net profit. See per minute, hour, and day.
NRG Economic Scale
Exceeds Bosnia and Herzegovina's GDP. Compare with world economies.
NRG What If Invested
What if you had invested $1,000? See historical returns from any date.
NRG How It Makes Money
Discover visual breakdown of $30.71B in revenue — where it comes from and where it goes.
NRG Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
NRG Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
NRG Daily Price Character
Balanced · 51.5% historical win rate (green days). Streaks & record days.
NRG Buybacks
5.37% TTM buyback yield. Shareholder yield & SBC comparison.
NRG Stock Split History
1 split on record. Dates, ratios, and cumulative multiple.
NRG Dividend Profile
Yield: 1.20%. Safety: 3/8. See full history.
NRG Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
NRG Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.