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NRG Energy, Inc. (NRG) EV/EBITDA Ratio: 19.90x

Is NRG Energy, Inc.’s EV/EBITDA ratio high or low?

NRG Energy, Inc.'s EV/EBITDA ratio of 19.90x is 144% above its 5-year average of 8.15x, near the high end of its 5-year range (2.47x–21.16x).

As of Sunday, June 21, 2026. 46.38% above its 12-month average of 13.59x.

NRG EV/EBITDA Ratio Chart

NRG EV/EBITDA Ratio
19.90x+83.07% 1Y
Zoom

NRG Average EV/EBITDA Ratio Chart

NRG Current vs Average EV/EBITDA Ratio Chart

NRG EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

19.90x

EV/EBITDA RATIO AVG TTM

13.59x

EV/EBITDA RATIO AVG 3Y

10.37x

EV/EBITDA RATIO AVG 5Y

8.15x

EV/EBITDA RATIO AVG 10Y

10.01x

EV/EBITDA RATIO AVG 15Y

9.78x

EV/EBITDA RATIO AVG 20Y

8.80x

CURRENT VS TTM AVG

+46.38%

CURRENT VS 3Y AVG

+91.86%

CURRENT VS 5Y AVG

+144.22%

CURRENT VS 10Y AVG

+98.89%

CURRENT VS 15Y AVG

+103.42%

CURRENT VS 20Y AVG

+126.13%

NRG Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
NRG Energy, Inc. (NRG)$28.50B19.90x13.59x10.37x8.15x
Atmos Energy Corporation (ATO)vs ›$28.39B14.74x15.35x14.34x14.81x
CenterPoint Energy, Inc. (CNP)vs ›$28.01B13.65x13.62x12.39x12.00x
Ameren Corporation (AEE)vs ›$30.07B7.67x11.94x11.54x11.96x
FirstEnergy Corp. (FE)vs ›$26.87B12.25x11.73x11.96x11.71x
PPL Corporation (PPL)vs ›$26.62B12.01x12.75x12.47x12.13x
Eversource Energy (ES)vs ›$26.17B9.99x10.68x16.98x15.52x
American Water Works Company, Inc. (AWK)vs ›$24.42B14.26x14.71x15.68x17.49x
CMS Energy Corporation (CMS)vs ›$22.67B12.65x12.26x12.08x12.26x
NiSource Inc. (NI)vs ›$22.66B12.63x12.52x11.92x11.99x

EV/EBITDA vs. its own history

At 19.9, EV/EBITDA is richer than usual, sitting higher than 93% of its 20-year history.

20-year low

2.5

median

9.2

20-year high

159.0

cheaperricher

NRG Energy, Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

NRG Energy, Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for NRG Energy, Inc. (NRG)?
The EV/EBITDA ratio for NRG stock is 19.90x.
Is NRG Energy, Inc.'s EV/EBITDA ratio high or low?
NRG Energy, Inc.'s EV/EBITDA ratio of 19.90x is 144% above its 5-year average of 8.15x, near the high end of its 5-year range (2.47x–21.16x).
What is the TTM average EV/EBITDA ratio for NRG Energy, Inc. (NRG)?
The TTM average EV/EBITDA ratio for NRG stock is 13.59x.
What is the 3Y average EV/EBITDA ratio for NRG Energy, Inc. (NRG)?
The 3Y average EV/EBITDA ratio for NRG stock is 10.37x.
What is the 5Y average EV/EBITDA ratio for NRG Energy, Inc. (NRG)?
The 5Y average EV/EBITDA ratio for NRG stock is 8.15x.
What is the 10Y average EV/EBITDA ratio for NRG Energy, Inc. (NRG)?
The 10Y average EV/EBITDA ratio for NRG stock is 10.01x.
What is the 15Y average EV/EBITDA ratio for NRG Energy, Inc. (NRG)?
The 15Y average EV/EBITDA ratio for NRG stock is 9.78x.
What is the 20Y average EV/EBITDA ratio for NRG Energy, Inc. (NRG)?
The 20Y average EV/EBITDA ratio for NRG stock is 8.80x.

NRG Energy, Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-1819.90x
2026-06-1719.67x
2026-06-1619.67x
2026-06-1519.53x
2026-06-1219.13x
2026-06-1118.99x
2026-06-1018.74x
2026-06-0919.49x
2026-06-0819.31x
2026-06-0519.43x
2026-06-0419.77x
2026-06-0319.80x
2026-06-0219.78x
2026-06-0119.45x
2026-05-2919.83x
2026-05-2820.10x
2026-05-2720.14x
2026-05-2620.34x
2026-05-2220.11x
2026-05-2120.05x
2026-05-2019.82x
2026-05-1918.99x
2026-05-1819.13x
2026-05-1519.32x
2026-05-1419.88x
2026-05-1319.58x
2026-05-1220.09x
2026-05-1120.09x
2026-05-0820.15x
2026-05-0720.45x
2026-05-0621.16x
2026-05-0511.02x
2026-05-0410.89x
2026-05-0110.82x
2026-04-3010.93x
2026-04-2910.60x
2026-04-2810.89x
2026-04-2711.16x
2026-04-2411.14x
2026-04-2310.88x
2026-04-2210.63x
2026-04-2110.65x
2026-04-2011.01x
2026-04-1711.54x
2026-04-1611.58x
2026-04-1511.57x
2026-04-1411.70x
2026-04-1311.66x
2026-04-1011.36x
2026-04-0911.24x
2026-04-0811.17x
2026-04-0710.80x
2026-04-0610.64x
2026-04-0210.79x
2026-04-0110.65x
2026-03-3110.46x
2026-03-3010.21x
2026-03-2710.54x
2026-03-2610.46x
2026-03-2510.70x
2026-03-2410.71x
2026-03-2310.74x
2026-03-2010.44x
2026-03-1911.22x
2026-03-1811.11x
2026-03-1710.89x
2026-03-1610.78x
2026-03-1310.80x
2026-03-1210.76x
2026-03-1110.58x
2026-03-1010.91x
2026-03-0910.92x
2026-03-0610.87x
2026-03-0511.17x
2026-03-0411.33x
2026-03-0311.25x
2026-03-0211.93x
2026-02-2712.10x
2026-02-2612.22x
2026-02-2512.33x
2026-02-2412.35x
2026-02-2312.06x
2026-02-2012.20x
2026-02-1911.98x
2026-02-1811.78x
2026-02-1711.90x
2026-02-1311.85x
2026-02-1211.30x
2026-02-1111.24x
2026-02-1011.03x
2026-02-0910.99x
2026-02-0610.87x
2026-02-0510.41x
2026-02-0410.39x
2026-02-0310.81x
2026-02-0210.65x
2026-01-3010.83x
2026-01-2910.89x
2026-01-2810.96x
2026-01-2711.01x
2026-01-2610.69x
2026-01-2310.66x
2026-01-2210.75x
2026-01-2110.73x
2026-01-2010.64x
2026-01-1610.80x
2026-01-1511.13x
2026-01-1410.69x
2026-01-1310.73x
2026-01-1210.64x
2026-01-0910.66x
2026-01-0810.37x
2026-01-0710.64x
2026-01-0611.19x
2026-01-0511.29x
2026-01-0211.53x
2025-12-3111.17x
2025-12-3011.23x
2025-12-2911.26x
2025-12-2611.26x
2025-12-2411.24x
2025-12-2311.11x
2025-12-2211.06x
2025-12-1911.02x
2025-12-1810.94x
2025-12-1710.67x
2025-12-1611.22x
2025-12-1511.21x
2025-12-1211.29x
2025-12-1111.76x
2025-12-1011.63x
2025-12-0911.56x
2025-12-0811.42x
2025-12-0511.37x
2025-12-0411.69x
2025-12-0311.56x
2025-12-0211.42x
2025-12-0111.50x
2025-11-2811.70x
2025-11-2611.65x
2025-11-2511.41x
2025-11-2411.56x
2025-11-2111.17x
2025-11-2011.24x
2025-11-1911.66x
2025-11-1811.54x
2025-11-1711.38x
2025-11-1411.48x
2025-11-1311.53x
2025-11-1211.67x
2025-11-1111.36x
2025-11-1011.56x
2025-11-0711.85x
2025-11-0611.73x
2025-11-0517.53x
2025-11-0417.13x
2025-11-0317.63x
2025-10-3117.43x
2025-10-3017.53x
2025-10-2917.94x
2025-10-2817.50x
2025-10-2717.49x
2025-10-2417.32x
2025-10-2316.81x
2025-10-2216.55x
2025-10-2116.80x
2025-10-2017.06x
2025-10-1717.19x
2025-10-1617.28x
2025-10-1517.39x
2025-10-1416.95x
2025-10-1317.19x
2025-10-1016.55x
2025-10-0917.15x
2025-10-0817.10x
2025-10-0716.72x
2025-10-0616.82x
2025-10-0317.00x
2025-10-0217.08x
2025-10-0116.67x
2025-09-3016.67x
2025-09-2916.93x
2025-09-2617.18x
2025-09-2516.75x
2025-09-2416.95x
2025-09-2317.09x
2025-09-2217.36x
2025-09-1916.86x
2025-09-1816.84x
2025-09-1716.87x
2025-09-1616.84x
2025-09-1516.99x
2025-09-1216.89x
2025-09-1116.36x
2025-09-1016.61x
2025-09-0915.93x
2025-09-0815.58x
2025-09-0515.58x
2025-09-0415.60x
2025-09-0315.52x
2025-09-0215.38x
2025-08-2915.42x
2025-08-2815.65x
2025-08-2715.61x
2025-08-2615.47x
2025-08-2515.36x
2025-08-2215.38x
2025-08-2115.44x
2025-08-2015.62x
2025-08-1915.63x
2025-08-1815.79x
2025-08-1515.65x
2025-08-1416.05x
2025-08-1316.14x
2025-08-1216.27x
2025-08-1115.91x
2025-08-0815.95x
2025-08-0716.00x
2025-08-0615.65x
2025-08-0511.91x
2025-08-0412.01x
2025-08-0111.68x
2025-07-3111.65x
2025-07-3011.62x
2025-07-2911.26x
2025-07-2811.19x
2025-07-2511.09x
2025-07-2411.16x
2025-07-2311.30x
2025-07-2210.94x
2025-07-2110.86x
2025-07-1810.83x
2025-07-1710.59x
2025-07-1610.46x
2025-07-1510.57x
2025-07-1410.79x
2025-07-1110.77x
2025-07-1010.81x
2025-07-0910.75x
2025-07-0810.80x
2025-07-0711.20x
2025-07-0311.18x
2025-07-0211.03x
2025-07-0111.05x
2025-06-3011.30x
2025-06-2711.41x
2025-06-2611.35x
2025-06-2510.91x
2025-06-2410.93x
2025-06-2310.84x
2025-06-2010.84x
2025-06-1810.87x
2025-06-1710.84x
2025-06-1610.94x
2025-06-1310.84x
2025-06-1210.79x
2025-06-1110.68x
2025-06-1010.66x
2025-06-0911.00x
2025-06-0611.05x

Showing the most recent 260 of 4,506 data points. The chart above shows the full history.

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.

Houston, TX
15,637 employees
Utilities / Independent Power Producers
Sector
Utilities
Industry
Independent Power Producers
CEO
Lawrence Stephen Coben