NRG Energy, Inc. (NRG) Debt to Equity Ratio: 9.97
Is NRG Energy, Inc.’s debt to equity ratio high or low?
NRG Energy, Inc.'s debt to equity ratio of 9.97 is 113% above its 5-year average of 4.67, near the high end of its 5-year range (2.17–9.97).
As of Sunday, June 21, 2026. 38.38% above its 12-month average of 7.21.
NRG Debt to Equity Ratio Chart
NRG Average Debt to Equity Ratio Chart
NRG Current vs Average Debt to Equity Ratio Chart
NRG Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
9.97
DEBT TO EQUITY RATIO AVG TTM
7.21
DEBT TO EQUITY RATIO AVG 3Y
5.09
DEBT TO EQUITY RATIO AVG 5Y
4.67
DEBT TO EQUITY RATIO AVG 10Y
5.16
DEBT TO EQUITY RATIO AVG 15Y
3.88
DEBT TO EQUITY RATIO AVG 20Y
2.82
CURRENT VS TTM AVG
+38.38%
CURRENT VS 3Y AVG
+95.87%
CURRENT VS 5Y AVG
+113.34%
CURRENT VS 10Y AVG
+93.09%
CURRENT VS 15Y AVG
+156.82%
CURRENT VS 20Y AVG
+253.96%
NRG Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NRG Energy, Inc. (NRG) | $28.50B | 9.97 | 7.21 | 5.09 | 4.67 |
| Atmos Energy Corporation (ATO)vs › | $28.39B | 0.69 | 0.68 | 0.73 | 0.76 |
| CenterPoint Energy, Inc. (CNP)vs › | $28.01B | 2.12 | 2.04 | 1.93 | 1.84 |
| Ameren Corporation (AEE)vs › | $30.07B | 1.48 | 1.52 | 1.48 | 1.44 |
| FirstEnergy Corp. (FE)vs › | $26.87B | 2.16 | 2.06 | 2.16 | 2.46 |
| PPL Corporation (PPL)vs › | $26.62B | 1.30 | 1.25 | 1.16 | 1.11 |
| Eversource Energy (ES)vs › | $26.17B | 1.87 | 1.91 | 1.80 | 1.64 |
| American Water Works Company, Inc. (AWK)vs › | $24.42B | 1.47 | 1.42 | 1.43 | 1.49 |
| CMS Energy Corporation (CMS)vs › | $22.67B | 2.07 | 2.04 | 2.05 | 2.06 |
| NiSource Inc. (NI)vs › | $22.66B | 1.72 | 1.67 | 1.64 | 1.62 |
Financial Health
Debt/Equity
9.97
Current Ratio
1.64
NRG Energy, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NRG Energy, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for NRG Energy, Inc. (NRG)?
- The debt to equity ratio for NRG stock is 9.97.
- Is NRG Energy, Inc.'s debt to equity ratio high or low?
- NRG Energy, Inc.'s debt to equity ratio of 9.97 is 113% above its 5-year average of 4.67, near the high end of its 5-year range (2.17–9.97).
- What is the TTM average debt to equity ratio for NRG Energy, Inc. (NRG)?
- The TTM average debt to equity ratio for NRG stock is 7.21.
- What is the 3Y average debt to equity ratio for NRG Energy, Inc. (NRG)?
- The 3Y average debt to equity ratio for NRG stock is 5.09.
- What is the 5Y average debt to equity ratio for NRG Energy, Inc. (NRG)?
- The 5Y average debt to equity ratio for NRG stock is 4.67.
- What is the 10Y average debt to equity ratio for NRG Energy, Inc. (NRG)?
- The 10Y average debt to equity ratio for NRG stock is 5.16.
- What is the 15Y average debt to equity ratio for NRG Energy, Inc. (NRG)?
- The 15Y average debt to equity ratio for NRG stock is 3.88.
- What is the 20Y average debt to equity ratio for NRG Energy, Inc. (NRG)?
- The 20Y average debt to equity ratio for NRG stock is 2.82.
NRG Energy, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 9.97 |
| 2024-12-31 | 4.44 |
| 2023-12-31 | 3.78 |
| 2022-12-31 | 2.17 |
| 2021-12-31 | 2.30 |
| 2020-12-31 | 5.38 |
| 2019-12-31 | 3.89 |
| 2016-12-31 | 8.07 |
| 2015-12-31 | 6.47 |
| 2014-12-31 | 2.01 |
| 2013-12-31 | 1.71 |
| 2012-12-31 | 1.55 |
| 2011-12-31 | 1.31 |
| 2010-12-31 | 1.30 |
| 2009-12-31 | 1.10 |
| 2008-12-31 | 1.15 |
| 2007-12-31 | 1.52 |
| 2006-12-31 | 1.54 |
| 2005-12-31 | 1.01 |
| 2004-12-31 | 1.29 |
| 2003-12-31 | 1.86 |
| 2001-12-31 | 4.10 |
| 2000-12-31 | 2.60 |
| 1999-12-31 | 2.63 |
| 1998-12-31 | 1.08 |
| 1997-12-31 | 1.38 |
Related Metrics
About NRG Energy, Inc.
NRG Energy, Inc., together with its affiliated entities, operates as a comprehensive power utility spanning the United States. Its operations are divided into three main geographical divisions: Texas, East, and West. The company plays a crucial role in generating, distributing, and selling electricity and various related services, serving approximately six million customers across residential, commercial, industrial, and wholesale sectors. Their energy generation capabilities are diverse, drawing from natural gas, coal, oil, solar, nuclear, and battery storage technologies. Beyond core power provision, NRG offers an extensive array of solutions, including centralized system power, decentralized generation, renewable energy products, emergency backup power, distributed solar and storage installations, demand-side management, energy efficiency programs, expert advisory services, carbon management initiatives, and bespoke on-site energy solutions. Furthermore, NRG actively engages in the trading of electric power, natural gas, and associated commodities, alongside environmental credits, weather-related products, and various financial instruments such as forwards, futures, options, and swaps. The company also manages fuel procurement and transportation services. It directly markets energy, services, and products to retail consumers through several established brands, including NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. As of December 31, 2021, NRG Energy's generation assets encompassed approximately 18,000 megawatts of capacity across 25 owned and leased facilities. The corporation was founded in 1989 and maintains its corporate headquarters in Houston, Texas.
- Sector
- Utilities
- Industry
- Independent Power Producers
- CEO
- Lawrence Stephen Coben