As of Jul 31, 2026, the NRG stock has a PE ratio of 152.6. The calculation is based on the latest EPS of $0.88 and the stock price of $134.29 per share. An increase of 106% has been observed in the PE ratio compared to its average of 74.3 of the last four quarters.
NRG PE ratio history
The mean historical PE ratio of NRG Energy over the last eight years is 21.38. The current 152.6 P/E ratio is 614% higher than the historical average. Looking back at the last eight years, NRG's PE ratio peaked in the Mar 2026 quarter at 166.07, with a price of $146.14 and an EPS of $0.88. The Mar 2020 quarter marked the lowest point at 1.74, with a price of $27.26 and an EPS of $15.68.
NRG Energy PE ratio by year
Maximum annual increase: 668.09% in 2020
Maximum annual decrease: -94.78% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 38.93 | 121.82% | $159.24 | $4.09 |
| 2024 | 17.55 | N/A | $90.22 | $5.14 |
| 2023 | N/A | N/A | $51.7 | -$1.12 |
| 2022 | 6.15 | 27.59% | $31.82 | $5.17 |
| 2021 | 4.82 | -73.3% | $43.08 | $8.93 |
| 2020 | 18.05 | 668.09% | $37.55 | $2.08 |
| 2019 | 2.35 | -94.78% | $39.75 | $16.94 |
| 2018 | 45 | N/A | $39.6 | $0.88 |
| 2017 | N/A | N/A | $28.48 | -$6.79 |
| 2016 | N/A | N/A | $12.26 | -$2.22 |
| 2015 | N/A | N/A | $11.77 | -$19.46 |
| 2014 | 117.17 | N/A | $26.95 | $0.23 |
| 2013 | N/A | N/A | $28.72 | -$1.22 |
| 2012 | 18.69 | -19.54% | $22.99 | $1.23 |
| 2011 | 23.23 | 121.03% | $18.12 | $0.78 |
NRG Energy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 166.07 | 326.59% | $146.14 | $0.88 |
| Dec 2025 | 38.93 | 64.4% | $159.24 | $4.09 |
| Sep 2025 | 23.68 | -65.34% | $161.95 | $6.84 |
| Jun 2025 | 68.33 | 361.07% | $160.58 | $2.35 |
| Mar 2025 | 14.82 | -15.56% | $95.46 | $6.44 |
| Dec 2024 | 17.55 | -21.79% | $90.22 | $5.14 |
| Sep 2024 | 22.44 | 167.14% | $91.1 | $4.06 |
| Jun 2024 | 8.4 | -12.41% | $77.86 | $9.27 |
| Mar 2024 | 9.59 | N/A | $67.69 | $7.06 |
| Dec 2023 | N/A | N/A | $51.7 | -$1.12 |
| Sep 2023 | N/A | N/A | $38.52 | -$7.7 |
| Jun 2023 | N/A | N/A | $37.39 | -$8.83 |
| Mar 2023 | N/A | N/A | $34.29 | -$7.93 |
| Dec 2022 | 6.15 | 26.54% | $31.82 | $5.17 |
| Sep 2022 | 4.86 | 80.67% | $38.27 | $7.88 |
NRG Price vs fair value
NRG average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
NRG's current PE ratio is higher than the 3, 5 and 10-year averages.
PE comparison
NRG Energy's price to earnings (P/E) of 152.6 is higher than the Utilities sector and its peers average.
NRG PE vs peers
In comparison to its peer stocks NEE and SO, NRG's PE ratio is higher. NRG Energy's current PE ratio of 152.6 is higher than the average of its peers, which is 19.02.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EIX Edison International | 7.48 | $27.99B |
| AES AES Corp | 7.85 | $10.47B |
| EXC Exelon Corp | 16.53 | $46.93B |
| DUK Duke Energy Corp | 19.15 | $97.49B |
| NEE NextEra Energy Inc | 19.25 | $179.86B |
| OGE Oge Energy Corp | 20.66 | $9.77B |
| SO Southern Company | 22.61 | $108.44B |
| ETR Entergy Corp | 27.09 | $49.93B |
| SRE Sempra | 29.68 | $57.43B |
| NRG NRG Energy Inc | 150.73 | $27.99B |
Frequently asked questions
What is NRG Energy's PE ratio?
The price to earnings ratio for NRG stock is 152.6 as of Jul 31, 2026.
What is the 3-year average PE ratio for NRG Energy (NRG)?
As an average over the last 3 years, NRG stock has a PE ratio of 41.09.
What is the 5-year average PE ratio for NRG Energy (NRG)?
As an average over the last 5 years, NRG stock has a PE ratio of 26.32.
What is the highest PE ratio for NRG?
Over the last eight years, the Mar 2026 quarter recorded the highest quarterly PE ratio at 166.07.
How does the current PE ratio for NRG compare to its historical average?
NRG's current price to earnings ratio is 614% above its 8-year historical average.
Why is NRG Energy's PE ratio so high?
NRG's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
How is NRG's PE ratio calculated (NRG Energy PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 31, 2026), NRG Energy's share price is $134.29. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.88. Therefore, NRG Energy's PE ratio for today is 152.6. PE RATIO(152.6) = STOCK PRICE($134.29) / TTM EPS($0.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.