Nrg Energy (NRG) Tax Rate (2009 - 2026)
Nrg Energy's Tax Rate came in at 23.68% for Q2 2026, down 8.35 percentage points from 32.03% a year earlier but up 74.28 percentage points from the prior quarter.
Nrg Energy (NRG) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nrg Energy reported Tax Rate of 18.99%, up 16.92 percentage points year-over-year; for FY2025, it came in at 23.81%, up 1.50 percentage points from FY2024.
- Tax Rate carries a five-year change of -9.17 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 22.31% in FY2024 (+17.14 pp), 5.16% in FY2023 (-21.41 pp), 26.58% in FY2022 (+3.07 pp) and 23.50% in FY2021 (-9.48 pp).
- The five-year range for quarterly Tax Rate is -50.60% (Q1 2026) to 36.13% (Q3 2025).
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -11.54 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2021 (a gain of 53.60 percentage points), and the weakest in Q1 2026 (a drop of 74.46 percentage points).
- Business Quant data shows NRG's Tax Rate at -50.60% (Q1 2026), -3.13% (Q4 2025) and 36.13% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 106.51 Bn | 97.41 Bn | - | 44.22% |
| 2 | Vistra | 54.68 Bn | 47.87 Bn | - | 28.57% |
| 3 | AXIA Energia | 33.19 Bn | 20.17 Bn | 2.59 Bn | 2.17% |
| 4 | Nrg Energy | 22.64 Bn | 16.86 Bn | 2.01 Bn | 23.68% |
| 5 | Talen Energy | 17.58 Bn | 15.14 Bn | - | - |
| 6 | Enlight Renewable Energy | 8.71 Bn | 5.26 Bn | 117.49 Mn | 24.69% |
| 7 | Brookfield Renewable Partners | 8.01 Bn | -17.15 Bn | 927.00 Mn | - |
| 8 | Oklo | 5.62 Bn | -1.21 Bn | - | - |
| 9 | Ormat Technologies | 5.60 Bn | 4.20 Bn | 68.70 Mn | - |
| 10 | Transalta | 3.93 Bn | 2.83 Bn | 313.03 Mn | 32.50% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.68% |
| Sep 30, 2025 | 36.13% |
| Mar 31, 2025 | 23.86% |
| Dec 31, 2024 | 10.07% |
| Jun 30, 2024 | 29.85% |
| Mar 31, 2024 | 26.47% |
| Dec 31, 2023 | 26.19% |
| Sep 30, 2023 | 15.93% |
| Jun 30, 2023 | 22.42% |
| Sep 30, 2022 | 19.28% |
| Jun 30, 2022 | 22.86% |
| Mar 31, 2022 | 24.75% |
| Sep 30, 2021 | 25.20% |
| Jun 30, 2021 | 26.06% |
| Sep 30, 2020 | 26.98% |
| Jun 30, 2020 | 24.40% |
| Mar 31, 2020 | 15.97% |
| Sep 30, 2019 | 1.58% |
| Mar 31, 2019 | 4.08% |
| Sep 30, 2018 | 2.71% |
Nrg Energy Tax Rate 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=tax-rate&ticker=NRG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();