NRG Energy (NRG) FY2021 results: revenue $27.0 billion, up 196.8% on the year
NRG Energy, Inc. (NRG) reported revenue of $27.0 billion for fiscal 2021, the year ended 31 December 2021, up 196.8% on the year before. Net income was $2.2 billion, up 328.8%, and diluted earnings per share $8.93. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$27.0 billion
+196.8% on the year
FY2014FY2021
Operating margin
12.4%
12.2% a year earlier
FY2014FY2021
Net income
$2.2 billion
+328.8% on the year
FY2014FY2021
Diluted EPS
$8.93
+331.4% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
493
1,837
1,413
-73.2%
Capital expenditure
269
230
228
+17.0%
Free cash flow
224
1,607
1,185
-86.1%
Free cash flow margin
0.8%
17.7%
12.1%
Cash from investing
-3,039
-494
556
Cash from financing
-272
2,204
-2,148
Depreciation and amortisation
785
435
373
+80.5%
Share-based compensation
21.0
22.0
20.0
-4.5%
Buybacks
48.0
229
1,440
-79.0%
Dividends paid
319
295
32.0
+8.1%
Dividend per share
$1.30
$1.20
$0.12
+8.3%
Diluted shares, weighted
245m
246m
264m
-0.4%
Shares outstanding at period end
244m
244m
249m
-0.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
3,600
1,680
1,658
+114.3%
Debt
8,100
8,855
6,042
-8.5%
Operating lease liabilities
236
278
483
-15.1%
Other liabilities
11,246
4,089
4,348
+175.0%
Total liabilities and equity
23,182
14,902
12,531
+55.6%
Fixed assets
n/a
n/a
2,593
Goodwill
1,795
579
579
+210.0%
Intangible assets
2,511
668
789
+275.9%
Securities held for sale or to maturity
32.0
25.0
20.0
+28.0%
Cash and equivalents
250
3,905
345
-93.6%
Receivables
3,245
904
1,025
+259.0%
Inventory
498
327
383
+52.3%
Other assets
14,851
8,494
6,797
+74.8%
Total assets
23,182
14,902
12,531
+55.6%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.