NRG Energy (NRG) FY2024 results: revenue $28.1 billion, down 2.4% on the year
NRG Energy, Inc. (NRG) reported revenue of $28.1 billion for fiscal 2024, the year ended 31 December 2024, down 2.4% on the year before. Net income was $1.1 billion, and diluted earnings per share $4.99. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2025.
Revenue
$28.1 billion
-2.4% on the year
FY2017FY2024
Operating margin
8.6%
1.3% a year earlier
FY2017FY2024
Net income
$1.1 billion
FY2017FY2024
Diluted EPS
$4.99
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
2,306
-221
360
Capital expenditure
472
598
367
-21.1%
Free cash flow
1,834
-819
-7.0
Free cash flow margin
6.5%
-2.8%
-0.0%
Cash from investing
-24.0
-910
-332
Cash from financing
-1,755
-400
1,043
Depreciation and amortisation
1,403
1,295
720
+8.3%
Share-based compensation
102
101
28.0
+1.0%
Buybacks
935
1,150
600
-18.7%
Dividends paid
405
381
332
+6.3%
Dividend per share
$1.63
$1.51
$1.40
+7.9%
Diluted shares, weighted
212m
228m
236m
-7.0%
Shares outstanding at period end
199m
208m
230m
-4.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
2,478
2,906
3,828
-14.7%
Debt
10,892
10,940
8,100
-0.4%
Operating lease liabilities
117
128
180
-8.6%
Other liabilities
10,535
12,064
17,038
-12.7%
Total liabilities and equity
24,022
26,038
29,146
-7.7%
Goodwill
5,011
5,079
1,650
-1.3%
Intangible assets
2,908
3,927
2,132
-25.9%
Securities held for sale or to maturity
28.0
21.0
19.0
+33.3%
Cash and equivalents
966
541
430
+78.6%
Receivables
3,488
3,542
4,773
-1.5%
Inventory
478
607
751
-21.3%
Other assets
11,143
12,321
19,391
-9.6%
Total assets
24,022
26,038
29,146
-7.7%
10-K for the year ended 31 December 2024, filed 26 February 2025: the filing.