Question 1

What is NRG Energy's P/S ratio?

Accepted Answer

NRG Energy (NRG) P/S ratio is 0.8× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for NRG Energy?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For NRG Energy specifically, the relevant sector benchmark is the current sector median of 3.1×.

Question 5

Is NRG Energy's P/S ratio high or low?

Accepted Answer

NRG Energy's P/S ratio of 0.8× is above its own 5-year average of 0.5× and below the sector median of 3.1×. That places the current reading at the 78th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is NRG Energy's historical P/S ratio range?

Accepted Answer

In the available daily series, NRG Energy (NRG) P/S ratio has ranged from a low of 0.2× in 2023 to a high of 2.1× in 2005. The 5-year average is 0.5× and the 5-year median is 0.5×.

Question 7

What was NRG Energy's P/S ratio in 2025?

Accepted Answer

NRG Energy (NRG) P/S ratio at the end of 2025 was 1.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does NRG Energy's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$30.32B	$30.71B	1.0×	+0.3×	Dec 31, 2025
2024	$18.63B	$28.13B	0.7×	+0.3×	Dec 31, 2024
2023	$11.48B	$28.82B	0.4×	+0.2×	Dec 31, 2023
2022	$7.30B	$31.54B	0.2×	-0.2×	Dec 31, 2022
2021	$10.50B	$26.99B	0.4×	-0.6×	Dec 31, 2021
2020	$9.09B	$9.09B	1.0×	-0.0×	Dec 31, 2020
2019	$9.86B	$9.82B	1.0×	-0.2×	Dec 31, 2019
2018	$11.01B	$9.17B	1.2×	+0.3×	Dec 31, 2018
2017	$9.03B	$10.32B	0.9×	+0.5×	Dec 31, 2017
2016	$3.87B	$11.43B	0.3×	+0.1×	Dec 31, 2016
2015	$3.70B	$14.68B	0.3×	-0.3×	Dec 31, 2015
2014	$9.06B	$15.87B	0.6×	-0.3×	Dec 31, 2014
2013	$9.28B	$11.29B	0.8×	+0.2×	Dec 31, 2013
2012	$5.29B	$8.42B	0.6×	+0.2×	Dec 31, 2012
2011	$4.13B	$9.08B	0.5×	-0.1×	Dec 31, 2011
2010	$4.81B	$8.85B	0.5×	-0.1×	Dec 31, 2010
2009	$5.74B	$8.95B	0.6×	-0.1×	Dec 31, 2009
2008	$5.41B	$6.88B	0.8×	-0.9×	Dec 31, 2008
2007	$10.23B	$5.97B	1.7×	+0.5×	Dec 31, 2007
2006	$6.83B	$5.63B	1.2×	-0.9×	Dec 31, 2006
2005	$5.51B	$2.57B	2.1×	+0.8×	Dec 31, 2005
2004	$3.14B	$2.36B	1.3×	+0.2×	Dec 31, 2004
2003	$2.19B	$1.88B	1.2×	-0.4×	Dec 31, 2003
2002	$3.83B	$2.49B	1.5×	+0.3×	Dec 31, 2002
2001	$3.73B	$3.01B	1.2×	—	Dec 31, 2001


Evergy (EVRG)	3.2×
Vistra (VST)	3.2×
Dominion Energy (D)	3.1×
PPL (PPL)	3.1×
Duke Energy (DUK)	3.1×
CenterPoint Energy (CNP)	3.0×
Artesian Resources (ARTNA)	2.9×
H2O America (HTO)	2.7×
California Water Service Group (CWT)	2.7×
CMS Energy (CMS)	2.6×
New Jersey Resources (NJR)	2.5×
Consolidated Edison (ED)	2.4×
Black Hills (BKH)	2.3×
Pinnacle West Capital (PNW)	2.2×
Exelon (EXC)	2.0×
FirstEnergy (FE)	1.9×
Eversource Energy (ES)	1.9×
Algonquin Power & Utilities (AQN)	1.9×
DTE Energy (DTE)	1.9×
Avista (AVA)	1.7×
Northwest Natural Holding (NWN)	1.7×
PG&E (PCG)	1.5×
Edison International (EIX)	1.4×
UGI (UGI)	1.1×
AES (AES)	0.8×

P/S Ratio for NRG Energy (NRG)

P/S Ratio daily chart for NRG Energy (NRG)

Historical P/S Ratio for NRG Energy (NRG) from 2001 to 2025

About P/S Ratio at NRG Energy (NRG)

NRG Energy P/S Ratio by Year

NRG Energy P/S Ratio 2025: 1.0×

NRG Energy P/S Ratio 2024: 0.7×

NRG Energy P/S Ratio 2023: 0.4×

NRG Energy P/S Ratio 2022: 0.2×

NRG Energy P/S Ratio 2021: 0.4×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

NRG Energy (NRG) Key Financials

P/S Ratio daily chart for NRG Energy (NRG)

Historical P/S Ratio for NRG Energy (NRG) from 2001 to 2025

About P/S Ratio at NRG Energy (NRG)

NRG Energy P/S Ratio by Year

NRG Energy P/S Ratio 2025: 1.0×

NRG Energy P/S Ratio 2024: 0.7×

NRG Energy P/S Ratio 2023: 0.4×

NRG Energy P/S Ratio 2022: 0.2×

NRG Energy P/S Ratio 2021: 0.4×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is NRG Energy's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for NRG Energy?

+Is NRG Energy's P/S ratio high or low?

+What is NRG Energy's historical P/S ratio range?

+What was NRG Energy's P/S ratio in 2025?

+Why does NRG Energy's P/S ratio change over time?

NRG Energy (NRG) Key Financials