Nrg Energy (NRG) Free Cash Flow (2009 - 2026)
Nrg Energy's Free Cash Flow was $779 million in Q2 2026, up 967.1% from $73 million a year earlier.
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Analysis
Nrg Energy (NRG) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nrg Energy's Free Cash Flow was $348 million through Jun 30, 2026, down 75.0% year-over-year; for FY2025, it was $766 million, down 58.2% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of -13.8% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $1.83 billion in FY2024, -$819 million in FY2023, -$7 million in FY2022 and $224 million in FY2021 (-86.1%).
- The Q2 2026 figure marks the highest quarterly Free Cash Flow since Q2 2024.
- Compared with a year earlier, Free Cash Flow was higher in three of the last four quarters, with growth averaging 390.1%.
- The best year-over-year quarter for Free Cash Flow over five years was Q2 2026 (growth of 967.1%); the worst was Q2 2025 (a decline of 92.3%).
- Per Business Quant data, NRG's Free Cash Flow in the three quarters before Q2 2026 was -$486 million (Q1 2026), -$175 million (Q4 2025) and $230 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 106.51 Bn | 97.41 Bn | - | -118.00 Mn |
| 2 | Vistra | 54.68 Bn | 47.87 Bn | - | 334.00 Mn |
| 3 | AXIA Energia | 33.19 Bn | 20.17 Bn | 2.59 Bn | 1,539.52 |
| 4 | Nrg Energy | 22.64 Bn | 16.86 Bn | 2.01 Bn | 779.00 Mn |
| 5 | Talen Energy | 17.58 Bn | 15.14 Bn | - | -573.00 Mn |
| 6 | Enlight Renewable Energy | 8.71 Bn | 5.26 Bn | 117.49 Mn | -639.01 Mn |
| 7 | Brookfield Renewable Partners | 8.01 Bn | -17.15 Bn | 927.00 Mn | -800.00 Mn |
| 8 | Oklo | 5.62 Bn | -1.21 Bn | - | -141.68 Mn |
| 9 | Ormat Technologies | 5.60 Bn | 4.20 Bn | 68.70 Mn | -87.40 Mn |
| 10 | Transalta | 3.93 Bn | 2.83 Bn | 313.03 Mn | 77.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 779.00 Mn |
| Mar 31, 2026 | -486.00 Mn |
| Dec 31, 2025 | -175.00 Mn |
| Sep 30, 2025 | 230.00 Mn |
| Jun 30, 2025 | 73.00 Mn |
| Mar 31, 2025 | 638.00 Mn |
| Dec 31, 2024 | 766.00 Mn |
| Sep 30, 2024 | -83.00 Mn |
| Jun 30, 2024 | 953.00 Mn |
| Mar 31, 2024 | 198.00 Mn |
| Dec 31, 2023 | 136.00 Mn |
| Sep 30, 2023 | 397.00 Mn |
| Jun 30, 2023 | 388.00 Mn |
| Mar 31, 2023 | -1.74 Bn |
| Dec 31, 2022 | -1.52 Bn |
| Sep 30, 2022 | -1.53 Bn |
| Jun 30, 2022 | 1.42 Bn |
| Mar 31, 2022 | 1.62 Bn |
| Dec 31, 2021 | -1.41 Bn |
| Sep 30, 2021 | 1.40 Bn |
API Access
Nrg Energy Free Cash Flow 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=free-cash-flow&ticker=NRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=NRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();