Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 12.71 as of Wednesday, August 5, 2026.
Forward PE Ratio (12.71) = Close Price ($121.88) / Consensus Forward EPS ($9.21)
FORWARD PE RATIO
12.71
SECTOR MEDIAN · UTILITIES
18.52
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-31.37%
vs the sector median at left
NRG Energy, Inc.
Market Cap
$25.71B
Forward PE Ratio
12.71
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| NRG Energy, Inc. (NRG) | $25.71B | 12.71 |
| PPL Corporation (PPL)vs › | $26.20B | 18.04 |
| Edison International (EIX)vs › | $26.35B | 11.54 |
| American Water Works Company, Inc. (AWK)vs › | $26.45B | 22.05 |
| CenterPoint Energy, Inc. (CNP)vs › | $26.77B | 21.75 |
| Eversource Energy (ES)vs › | $27.15B | 15.63 |
| FirstEnergy Corp. (FE)vs › | $27.59B | 17.67 |
| Atmos Energy Corporation (ATO)vs › | $28.71B | 20.46 |
| DTE Energy Company (DTE)vs › | $28.96B | 18.37 |
| CMS Energy Corporation (CMS)vs › | $22.33B | 18.52 |
Trailing P/E
30.7
reported TTM EPS
Forward P/E
12.7
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.21 implies +141.7% EPS growth vs the reported trailing $3.81.
At today's $121.88 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2026-12-31 | $9.21 | $7.84 – $11.03 | 5 | 13.2x |
| 2027-12-31 | $11.22 | $10.73 – $12.00 | 7 | 10.9x |
| 2028-12-31 | $13.14 | $11.07 – $14.89 | 5 | 9.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
