NRG Energy Earnings Reports

NRG Energy, Inc. reported GAAP net income of $643 million for Q4 2024 with an adjusted EPS of $1.56, reflecting strong operational performance. The company achieved an adjusted EBITDA of $902 million, despite the impact of extended planned maintenance and the sale of certain assets. Revenues for the quarter amounted to $6.86 billion.

NRG Energy reported strong third quarter 2024 financial results, driven by margin expansion across all reporting segments. The company reaffirmed its raised 2024 guidance and initiated 2025 financial guidance, targeting long-term Adjusted EPS growth of greater than 10% from the raised 2024 guidance. NRG also announced a 2025 capital allocation plan with significant share repurchases.

NRG Energy, Inc. reported a strong second quarter in 2024, with a Net Income of $738 million and Adjusted EBITDA of $935 million. The company focused on safe and reliable operations, customer experiences, and disciplined execution of strategy and capital allocation plans. NRG reaffirmed its 2024 financial guidance.

NRG Energy reported a strong first quarter in 2024, with a Net Income of $511 million and an Adjusted EBITDA of $849 million. The company's diversified supply strategy mitigated the impacts of mild winter weather in Texas, and customer counts increased in the Consumer Energy and Smart Home platforms.

NRG Energy, Inc. reported a Net Income of $482 million for the three months ended December 31, 2023. The company's full year Net Loss was $202 million, but Adjusted EBITDA for the full year was $3.3 billion and Free Cash Flow Before Growth was $1.9 billion. NRG is reaffirming its 2024 guidance ranges of $3,300 to $3,550 million in Adjusted EBITDA and $1,825 to $2,075 million in Free Cash Flow before Growth.

NRG Energy reported a solid third quarter with a Net Income of $343 million and Adjusted EBITDA of $973 million. The company is increasing the mid-point of its 2023 Adjusted EBITDA guidance by $95 million. NRG is increasing its 2023 share repurchase allocation from $997 million to $1.15 billion. The company plans to reduce debt by $1.4 billion in 2023.

NRG Energy reported a solid second quarter with strong financial results, including a GAAP Net Income of $308 million and an Adjusted EBITDA of $819 million. The company benefited from customer growth, strong plant operations, and favorable market conditions. NRG is increasing its 2023 growth contribution target to $60 million from $30 million and delivered impressive monthly recurring service margin.

NRG Energy reported a Net Loss of $1.3 billion for the first quarter of 2023. However, the company is excited about the acquisition of Vivint Smart Home and delivered strong financial and operational results.

NRG Energy reported a net loss of $1.1 billion for Q4 2022, which was $668 million lower than the same quarter in the previous year. However, the company's Adjusted EBITDA for the quarter was $435 million, slightly higher than the $433 million reported in Q4 2021. The company reaffirmed its 2023 Adjusted EBITDA and FCFbG guidance and is moving forward with the Vivint acquisition.

NRG Energy reported a third quarter 2022 Net Income of $67 million, or $0.29 per diluted common share, and Adjusted EBITDA for the third quarter of $452 million. The company made significant progress on its key strategic priorities and the platform performed well during extreme Summer conditions.

NRG Energy, Inc. reported a second quarter 2022 Net Income of $513 million, or $2.16 per diluted common share, and Adjusted EBITDA for the second quarter of $358 million.

NRG Energy reported a strong first quarter in 2022, with a Net Income of $1,736 million and Adjusted EBITDA of $509 million. The company is maintaining its 2022 Adjusted EBITDA and FCFbG guidance and is executing a $1 billion share repurchase program.

NRG Energy, Inc. reported full year 2021 Net Income of $2.2 billion, or $8.93 per diluted common share. The company is reducing its expected Winter Storm Uri financial loss to $380 million. NRG is maintaining its Adjusted EBITDA, Adjusted Cash from Operations, and Free Cash Flow Before Growth Investments (FCFbG) guidance for 2022.

NRG Energy reported a net income of $1,618 million for the third quarter of 2021. The company is narrowing its 2021 guidance and initiating 2022 financial guidance. Direct Energy integration and synergies plan are on track.

NRG Energy reported a net income of $1,078 million for Q2 2021, with Adjusted EBITDA at $656 million. The company reaffirms its 2021 guidance and continues to focus on strategic priorities.

NRG Energy reported a net loss of $(82) million for the first quarter of 2021, primarily due to the impact of Winter Storm Uri. The company is focused on customer-centric strategies and platform strengthening, and has reinstated its 2021 Adjusted EBITDA and FCFbG guidance.

NRG Energy reported full year 2020 income from continuing operations of $510 million. The company is focused on aiding Texas communities and performing a root-cause analysis of the February 2021 extreme weather event. NRG is maintaining its Adjusted EBITDA, Adjusted Cash from Operations and Free Cash Flow before Growth Investments (FCFbG) guidance for 2021.

NRG Energy reported third quarter 2020 income from continuing operations of $249 million, or $1.02 per diluted common share and Adjusted EBITDA for the Third quarter of $752 million. The company is on track to close the Direct Energy acquisition by year end. NRG has narrowed the range of its Adjusted EBITDA guidance, while increasing Cash From Operations and Free Cash Flow before Growth Investments (FCFbG) guidance for 2020. NRG is maintaining its Adjusted EBITDA guidance for fiscal year 2021 while lowering its Cash Flow From Operations and FCFbG guidance due to the deferral of certain cash flow items into 2021.

NRG Energy reported a strong second quarter with income from continuing operations of $313 million and Adjusted EBITDA of $574 million. The company highlighted the resilience of its platform and the upcoming acquisition of Direct Energy.

NRG Energy, Inc. reported first quarter 2020 income from continuing operations of $121 million, or $0.49 per diluted common share and Adjusted EBITDA for the first quarter of $349 million, cash flow from operations of $208 million and free cash flow before growth of $167 million.

NRG Energy reported full year 2019 income from continuing operations of $4.1 billion, or $16.81 per diluted common share. Adjusted EBITDA for the full year 2019 was $2.0 billion, cash from continuing operations was $1.4 billion and FCFbG was $1.2 billion.