Currently, NRG Energy has a gross margin of 18.8%, an operating margin of 6.1%, an EBITDA margin of 9.4%, and a net margin of 2.6%. Each available margin improved from the same period last year. EBITDA margin recorded the strongest gain, increasing by 2.1 percentage points.
NRG margin history
NRG Energy's margins averaged 18.19% gross, 7.08% operating, 10.32% EBITDA, and 3.37% net during the last 3 years. Against the three-year averages, gross margin is above its three-year average and operating, EBITDA, and net margins are below their three-year averages.
NRG margin expansion
Gross margin expanded by 1.5 percentage points, operating margin by 1.8 percentage points, EBITDA margin by 2.1 percentage points, and net margin by 0.8 percentage points, led by EBITDA margin with an increase of 2.1 percentage points.
NRG Gross margin
Over the last 3 years, the average gross margin for NRG Energy was 18.19%. The latest gross margin for NRG Energy is 18.8%, 0.6 percentage points above its three-year average. NRG Energy's gross margin ranged from a low of 8.1% in Dec 2023 to a high of 21.8% in Sep 2025.
NRG Operating margin
Over the last 3 years, the average operating margin for NRG Energy was 7.08%. The latest operating margin for NRG Energy is 6.1%, 1 percentage points below its three-year average. NRG Energy's operating margin ranged from a low of 1.3% in Dec 2023 to a high of 12.8% in Jun 2024.
NRG EBITDA margin
NRG Energy recorded an average EBITDA margin of 10.32% across the last 3 years. NRG Energy currently reports an EBITDA margin of 9.4%, 0.9 percentage points below its three-year average. Over the last 3 years, NRG Energy's EBITDA margin peaked at 16.2% in Jun 2024 and reached a low of 5.5% in Dec 2023.
NRG Net margin
The average net margin for NRG Energy was 3.37% over the last 3 years. Against its three-year average, NRG Energy's net margin is currently 2.6%, 0.8 percentage points below its three-year average. The net margin for NRG Energy moved between -0.7% in Dec 2023 and 7.2% in Jun 2024.
NRG margin group comparison
NRG Energy's gross margin of 18.8% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 42.8%, NRG Energy's gross margin is 56% lower.
NRG margin peer comparison
Frequently asked questions
What is NRG Energy's gross margin?
The current gross margin for NRG is 18.8% as of Jun 30, 2026.
What is NRG Energy's operating margin?
As of Jun 30, 2026, NRG has an operating margin of 6.1%.
What is NRG Energy's EBITDA margin?
The current EBITDA margin for NRG is 9.4% as of Jun 30, 2026.
What is NRG Energy's net margin?
For the period ending Jun 30, 2026, NRG recorded a net margin of 2.6%.
What are the average margins of NRG?
Looking back over 3 years, NRG recorded average margins of 18.2% gross, 7.1% operating, 10.3% EBITDA, and 3.4% net.
What are the highest historical margins of NRG?
In the last 5 years, the highest margins reported by NRG were 30.7% gross in Mar 2022, 21.7% operating in Mar 2022, 24.1% EBITDA in Mar 2022, and 14.9% net in Mar 2022.
What are the lowest historical margins of NRG?
Over this 5-year history, NRG Energy's margins fell as low as 0.2% gross in Mar 2023, -7.1% operating in Jun 2023, -4.2% EBITDA in Jun 2023, and -6.8% net in Jun 2023.