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NRG Energy (NRG Energy) Gross Profit : $2,297 Mil (TTM As of Dec. 2023)


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What is NRG Energy Gross Profit?

NRG Energy's gross profit for the three months ended in Dec. 2023 was $442 Mil. NRG Energy's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2,297 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NRG Energy's gross profit for the three months ended in Dec. 2023 was $442 Mil. NRG Energy's Revenue for the three months ended in Dec. 2023 was $6,807 Mil. Therefore, NRG Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 6.49%.

NRG Energy had a gross margin of 6.49% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of NRG Energy was 28.08%. The lowest was 7.97%. And the median was 25.06%.

Warning Sign:

NRG Energy Inc gross margin has been in long-term decline. The average rate of decline per year is -20.2%.


NRG Energy Gross Profit Historical Data

The historical data trend for NRG Energy's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NRG Energy Gross Profit Chart

NRG Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,518.00 2,553.00 6,507.00 4,097.00 2,297.00

NRG Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -972.00 -1,056.00 1,386.00 1,525.00 442.00

Competitive Comparison of NRG Energy's Gross Profit

For the Utilities - Independent Power Producers subindustry, NRG Energy's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NRG Energy's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NRG Energy's Gross Profit distribution charts can be found below:

* The bar in red indicates where NRG Energy's Gross Profit falls into.



NRG Energy Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

NRG Energy's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=28823 - 26526
=2,297

NRG Energy's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=6807 - 6365
=442

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,297 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

NRG Energy's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=442 / 6807
=6.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


NRG Energy  (NYSE:NRG) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

NRG Energy had a gross margin of 6.49% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


NRG Energy Gross Profit Related Terms

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NRG Energy (NRG Energy) Business Description

Traded in Other Exchanges
Address
910 Louisiana Street, Houston, TX, USA, 77002
NRG Energy is one of the largest retail energy providers in the U.S., with 5.5 million customers. Its 2023 acquisition of Vivint Smart Home adds 1.9 million home services customers. NRG also is one of the largest U.S. independent power producers, with 13 gigawatts of coal, gas, and oil power generation capacity primarily in Texas. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.
Executives
Rasesh M. Patel officer: Exec VP, Vivint C/O VIVINT SMART HOME, INC., 4931 NORTH 300 WEST, PROVO UT 84604
Elisabeth B Donohue director C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Heather Cox director 804 CARNEGIE CENTER, PRINCETON NJ 08540
Paul W Hobby director 4400 POST OAK PARKWAY, HOUSTON TX 77027
Lawrence S Coben director SUNRISE CAPITAL, 685 THIRD AVE 15TH FLOOR, NEW YORK NY 10017-4024
Mauricio Gutierrez officer: Exec VP & Chief Operating Ofc 211 CARNEGIE CENTER, PRINCETON NJ 08540
Antonio Carrillo director 500 N AKARD ST. SUITE 400, DALLAS TX 75201
Bruce Chung officer: EVP, Strategy and NRG Services 804 CARNEGIE CENTER, PRINCETON NJ 08540
Emily Picarello officer: Vice Pres & Corp Controller 804 CARNEGIE CENTER, PRINCETON NJ 08540
Robert J Gaudette officer: Senior VP, Business Solutions 1155 PERIMETER CENTER WEST, ATLANTA GA 30342
Elizabeth R Killinger officer: Sr. VP & President,NRG Retail NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Christopher Moser officer: Exec Vice Pres, Operations 804 CARNEGIE CENTER, PRINCETON NJ 08540
David Callen officer: Chief Accounting Offficer NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Alberto Fornaro officer: Executive Vice Pres & CFO 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Gaetan Frotte officer: Interim CFO, Sr VP & Treasurer 804 CARNEGIE CENTER, PRINCETON NJ 08540

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