Nrg Energy (NRG) Debt to Equity (2009 - 2026)

Nrg Energy (NRG) reported Debt to Equity of $4.72 for Q1 2026, up 5.66% on a YoY basis from $4.47 in Q1 2025, and down 57.49% quarter-over-quarter from $11.11 in Q4 2025.

Nrg Energy (NRG) Debt to Equity (2009 - 2026) Analysis & Trends

Nrg Energy has reported Debt to Equity for 18 years, with the latest figure at $4.72 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 5.66% year-over-year to $4.72; the trailing twelve-month figure through Mar 2026 stood at $4.72 (up 5.66% YoY), and the FY2025 full-year result was $11.11, up 127.27% from the prior year.
  • Debt to Equity for Q1 2026 stood at $4.72, down from $11.11 in the prior quarter.
  • The five-year high for Debt to Equity was $11.11 in Q4 2025, with the low at $1.6 in Q1 2022.
  • Historically, Debt to Equity has averaged $4.43 across 5 years, with a median of $3.99 in 2024.
  • Annual changes were most pronounced in 2022 — Debt to Equity plunged 76.51% — and 2023, when it jumped 150.21%.
  • Nrg Energy's Debt to Equity stood at $3.7 in 2022, then retreated by 0.04% to $3.7 in 2023, then soared by 32.06% to $4.89 in 2024, then jumped by 127.27% to $11.11 in 2025, then sank by 57.49% to $4.72 in 2026.
  • The last three Debt to Equity figures came in at $4.72 (Q1 2026), $11.11 (Q4 2025), and $6.62 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Transalta 29,347,846.33 Bn 29,347,846.17 Bn 263.24 Mn -
2 Kenon Holdings 3,754,999.92 Bn 3,755,000.22 Bn 48.00 Mn 0.79
3 Vistra 50.25 Bn 48.56 Bn 4.94 Bn 3.42
4 Nrg Energy 26.74 Bn 23.49 Bn 1.40 Bn 4.72
5 Talen Energy 16.64 Bn 16.60 Bn - 6.34
6 Oklo 9.89 Bn 9.89 Bn - -
7 Digi Power X 420.60 Mn 363.72 Mn -801,636.00 -
8 Transalta - - 263.24 Mn -
9 Transalta - - 263.24 Mn -
10 Transalta - - 263.24 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 4.72
Dec 31, 2025 11.11
Sep 30, 2025 6.62
Jun 30, 2025 5.14
Mar 31, 2025 4.47
Dec 31, 2024 4.89
Sep 30, 2024 4.24
Jun 30, 2024 3.61
Mar 31, 2024 3.99
Dec 31, 2023 3.70
Sep 30, 2023 3.94
Jun 30, 2023 3.62
Mar 31, 2023 3.99
Dec 31, 2022 3.70
Sep 30, 2022 2.89
Jun 30, 2022 3.01
Mar 31, 2022 1.60
Dec 31, 2021 3.15
Sep 30, 2021 2.07
Jun 30, 2021 4.54