Nrg Energy (NRG) Dividend Coverage Ratio (2018 - 2026)
Nrg Energy's Dividend Coverage Ratio was 4.06 in Q3 2026, up 257.9% from 1.13 a year earlier but down 17.0% from the prior quarter.
Nrg Energy (NRG) Dividend Coverage Ratio (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nrg Energy's Dividend Coverage Ratio was 2.62 through Sep 30, 2026, down 21.9% year-over-year; for FY2025, it came in at 1.94, down 25.8% from FY2024.
- In earlier years, Dividend Coverage Ratio was 2.61 in FY2024, -0.67 in FY2023, 3.68 in FY2022 (-46.4%) and 6.86 in FY2021 (+296.6%).
- Quarterly Dividend Coverage Ratio has moved between -15.39 (Q1 2023) and 20.42 (Q1 2022) over five years.
- Compared with a year earlier, Dividend Coverage Ratio was higher in three of the last five quarters, with growth averaging 32.6%.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q3 2026 (growth of 257.9%); the worst was Q3 2022 (a decline of 96.1%).
- Per Business Quant data, NRG's Dividend Coverage Ratio in the three quarters before Q3 2026 was 4.89 (Q2 2026), 0.80 (Q1 2026) and 0.59 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 98.63 Bn | 93.22 Bn | - | 12.23 |
| 2 | Vistra | 44.52 Bn | 35.00 Bn | - | 14.18 |
| 3 | AXIA Energia | 24.30 Bn | 11.28 Bn | 2.59 Bn | - |
| 4 | Nrg Energy | 20.38 Bn | 15.19 Bn | 2.23 Bn | 4.06 |
| 5 | Talen Energy | 17.79 Bn | 15.53 Bn | - | - |
| 6 | Enlight Renewable Energy | 8.73 Bn | 5.30 Bn | 124.81 Mn | - |
| 7 | Brookfield Renewable Partners | 7.94 Bn | -20.71 Bn | 23.00 Mn | - |
| 8 | Clearway Energy | 7.36 Bn | 9.95 Bn | - | 0.52 |
| 9 | Ormat Technologies | 5.56 Bn | 4.03 Bn | 77.38 Mn | 4.32 |
| 10 | Oklo | 4.67 Bn | -3.73 Bn | 772,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.06 |
| Jun 30, 2026 | 4.89 |
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | 0.59 |
| Sep 30, 2025 | 1.13 |
| Jun 30, 2025 | -1.41 |
| Mar 31, 2025 | 6.06 |
| Dec 31, 2024 | 7.55 |
| Sep 30, 2024 | -6.64 |
| Jun 30, 2024 | 8.38 |
| Mar 31, 2024 | 4.19 |
| Dec 31, 2023 | 5.42 |
| Sep 30, 2023 | 2.69 |
| Jun 30, 2023 | 3.34 |
| Mar 31, 2023 | -15.39 |
| Dec 31, 2022 | -13.69 |
| Sep 30, 2022 | 0.80 |
| Jun 30, 2022 | 6.18 |
| Mar 31, 2022 | 20.42 |
| Dec 31, 2021 | -5.34 |
Nrg Energy Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NRG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();