FirstEnergy Corp. (FE) vs NRG Energy, Inc. (NRG)
A side-by-side comparison of FirstEnergy Corp. and NRG Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
FE
FirstEnergy Corp.
$45.26UtilitiesDelayed quote: Sep 18, 2026, 4:02 PM EDT
NRG
NRG Energy, Inc.
$103.66UtilitiesDelayed quote: Sep 18, 2026, 4:00 PM EDT
Total return — FE vs NRG
growth of $100 · dividends reinvested · last 10yFE +107.4% (+7.6%/yr)NRG +1064.5% (+27.8%/yr)NRG compounded faster over this window
Log scale — wide-divergence pair
FE NRG
FE vs NRG: by the numbers
- •FE is the larger company ($26.19B vs $21.87B market cap).
- •FE trades at the lower trailing earnings multiple (24.14 vs 27.21 P/E), one valuation lens rather than an overall verdict.
- •FE converts more revenue to profit (6.86% vs 2.31% net margin).
- •NRG grew revenue faster over the past five years (15.13% vs 7.73% CAGR).
- •FE pays the higher dividend yield (3.95% vs 1.64%).
Metrics side by side
Valuation
| Metric | FE | NRG |
|---|---|---|
| P/E ratio | 24.14 | 27.21 |
| Forward P/E | 16.58 | 11.66 |
| P/S ratio | 1.65 | 0.60 |
| P/B ratio | 2.02 | 4.50 |
| EV / EBITDA | 11.78 | 10.79 |
| FCF yield | N/A | 1.59% |
Profitability
| Metric | FE | NRG |
|---|---|---|
| Gross margin | 53.43% | 16.42% |
| Operating margin | 18.57% | 5.38% |
| Net margin | 6.86% | 2.31% |
| ROE | 8.40% | 17.49% |
| ROIC | 4.43% | 5.38% |
Dividends
| Metric | FE | NRG |
|---|---|---|
| Dividend yield | 3.95% | 1.64% |
| Payout ratio | 97.06% | 48.95% |
Growth (annualized)
| Metric | FE | NRG |
|---|---|---|
| Revenue CAGR (5Y) | 7.73% | 15.13% |
| EPS CAGR (5Y) | -2.32% | 14.48% |
| FCF CAGR (5Y) | 122.43% | -22.77% |
| Total return CAGR (5Y) | 8.44% | 24.35% |
Frequently asked
- Which has the lower trailing P/E, FE or NRG?
- FE has the lower trailing P/E: FE trades at 24.14 and NRG at 27.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FE or NRG?
- Over the past five years, NRG grew revenue faster — FE at a 7.73% CAGR versus NRG at 15.13%.
- Does FE or NRG pay a bigger dividend?
- FE yields 3.95% and NRG yields 1.64% based on trailing dividends and the latest price.
- Is FE or NRG more profitable?
- FE runs the higher net margin — FE at 6.86% versus NRG at 2.31%.
- How have FE and NRG total returns compared?
- Over the past 10 years, FE delivered 7.89% and NRG delivered 28.22% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
FirstEnergy P/E ratioNRG Energy P/E ratioFirstEnergy dividend yieldNRG Energy dividend yieldFirstEnergy ROENRG Energy ROEFirstEnergy operating marginNRG Energy operating marginFirstEnergy revenue growthNRG Energy revenue growthFirstEnergy free cash flowNRG Energy free cash flow
FirstEnergy & NRG Energy appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.