NRG Energy (NRG) FY2022 results: revenue $31.5 billion, up 16.9% on the year
NRG Energy, Inc. (NRG) reported revenue of $31.5 billion for fiscal 2022, the year ended 31 December 2022, up 16.9% on the year before. Net income was $1.2 billion, down 44.2%, and diluted earnings per share $5.17. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$31.5 billion
+16.9% on the year
FY2015FY2022
Operating margin
6.4%
12.4% a year earlier
FY2015FY2022
Net income
$1.2 billion
-44.2% on the year
FY2015FY2022
Diluted EPS
$5.17
-42.1% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
360
493
1,837
-27.0%
Capital expenditure
367
269
230
+36.4%
Free cash flow
-7.0
224
1,607
Free cash flow margin
-0.0%
0.8%
17.7%
Cash from investing
-332
-3,039
-494
Cash from financing
1,043
-272
2,204
Depreciation and amortisation
720
785
435
-8.3%
Share-based compensation
28.0
21.0
22.0
+33.3%
Buybacks
600
48.0
229
+1,150.0%
Dividends paid
332
319
295
+4.1%
Dividend per share
$1.40
$1.30
$1.20
+7.7%
Diluted shares, weighted
236m
245m
246m
-3.7%
Shares outstanding at period end
230m
244m
244m
-5.8%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
3,828
3,600
1,680
+6.3%
Debt
8,100
8,100
8,855
0.0%
Operating lease liabilities
180
236
278
-23.7%
Other liabilities
17,038
11,246
4,089
+51.5%
Total liabilities and equity
29,146
23,182
14,902
+25.7%
Goodwill
1,650
1,795
579
-8.1%
Intangible assets
2,132
2,511
668
-15.1%
Securities held for sale or to maturity
19.0
32.0
25.0
-40.6%
Cash and equivalents
430
250
3,905
+72.0%
Receivables
4,773
3,245
904
+47.1%
Inventory
751
498
327
+50.8%
Other assets
19,391
14,851
8,494
+30.6%
Total assets
29,146
23,182
14,902
+25.7%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.