Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 11.66 as of 2026-09-19T00:15:51.279Z.
Consensus retrieved: 2026-09-13T23:28:22.763Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-19T00:15:51.279Z.
Quote observation: 2026-09-18T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f079b5553c5d52b9f34690e1492210dc64022d397c9b47185065a8019e9bc6b7
Forward PE Ratio (11.66) = Dated Quote Price ($103.66) / Consensus Forward EPS ($8.89)
FORWARD PE RATIO
11.66
SECTOR MEDIAN · UTILITIES
17.10
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-31.81%
vs the sector median at left
NRG Energy, Inc.
Market Cap
$21.87B
Forward PE Ratio
11.66
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| NRG Energy, Inc. (NRG) | $21.87B | 11.66 |
| Edison International (EIX)vs › | $21.28B | 9.02 |
| CMS Energy Corporation (CMS)vs › | $20.49B | 16.88 |
| NiSource Inc (NI)vs › | $19.46B | 19.75 |
| PPL Corporation (PPL)vs › | $25.09B | 17.10 |
| CenterPoint Energy, Inc. (CNP)vs › | $25.18B | 19.99 |
| Evergy, Inc. (EVRG)vs › | $18.39B | 18.75 |
| Eversource Energy (ES)vs › | $25.47B | 14.57 |
| FirstEnergy Corp. (FE)vs › | $26.19B | 16.58 |
| DTE Energy Company (DTE)vs › | $26.74B | 16.66 |
Trailing P/E
27.2
reported TTM EPS
Forward P/E
11.7
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.89 implies +133.3% EPS growth vs the reported trailing $3.81.
At the dated quote price of $103.66, 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.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $8.89 | $8.26 – $9.27 | 6 | 11.7x |
| 2027-12-31 | $11.08 | $10.63 – $11.82 | 7 | 9.4x |
| 2028-12-31 | $12.78 | $10.13 – $15.32 | 6 | 8.1x |
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.
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
