NRG Energy (FRA:NRA) EV-to-EBIT: 22.73 (As of Aug. 25, 2026) — 140% Above Median

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FRA:NRA NRG Energy Inc FRA:NRA
82 GF Score
Price €95.60
GF Value €106.20
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is NRG Energy EV-to-EBIT?

NRG Energy FRA:NRA -2.49% 82 EV-to-EBIT is 22.73 as of Aug. 25, 2026, which is 140% above its 10-year median of 9.48. GuruFocus rates FRA:NRA with a GF Score™ of 82/100 and a GF Value™ of €106.20 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 344 Utilities - Independent Power Producers companies, NRG Energy ranks worse than 61.63% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NRG Energy's Enterprise Value is €40,623 Mil. NRG Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €1,787 Mil. Therefore, NRG Energy's EV-to-EBIT for today is 22.73.

The historical rank and industry rank for NRG Energy's EV-to-EBIT or its related term are showing as below:

FRA:NRA' s EV-to-EBIT Range Over the Past 10 Years
Min: -116   Med: 9.48   Max: 57.5
Current: 22.77

During the past 13 years, the highest EV-to-EBIT of NRG Energy was 57.50. The lowest was -116.00. And the median was 9.48.

FRA:NRA's EV-to-EBIT is ranked worse than
61.63% of 344 companies
in the Utilities - Independent Power Producers industry
Industry Median: 17.84 vs FRA:NRA: 22.77

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. NRG Energy's Enterprise Value for the quarter that ended in Jun. 2026 was €47,586 Mil. NRG Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €1,787 Mil. NRG Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.76%.


NRG Energy  (FRA:NRA) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

NRG Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=1787.162/47586.1792
=3.76 %

NRG Energy's Enterprise Value for the quarter that ended in Jun. 2026 was €47,586 Mil.
NRG Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,787 Mil.

* 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.


NRG Energy EV-to-EBIT Related Terms


NRG Energy EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for NRG Energy's EV-to-EBIT 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.

NRG Energy EV-to-EBIT Chart

NRG Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.54 7.30 48.11 13.62 22.87

NRG Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT 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 36.30 17.94 22.87 50.16 26.37

FRA:NRA vs TLN, OKLO, VST: EV-to-EBIT Comparison

For the Utilities - Independent Power Producers subindustry, NRG Energy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where NRG Energy's EV-to-EBIT falls into.


FRA:NRA
82GF Score
NRG Energy Inc FRA:NRA
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NRG Energy EV-to-EBIT Calculation

NRG Energy's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=40622.799/1787.162
=22.73

NRG Energy's current Enterprise Value is €40,623 Mil.
NRG Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,787 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 22.73 mean?
NRG Energy (FRA:NRA) has a EV-to-EBIT of 22.73 as of Aug. 25, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on NRG Energy and its competitors. This is 140% above median its historical median of 9.48. According to the industry distribution chart, NRG Energy ranks #212 out of 344 companies in the Utilities - Independent Power Producers industry, placing it in the top 61.6%.
Is NRG Energy's EV-to-EBIT too high?
NRG Energy's current EV-to-EBIT of 22.73 is 140% above median its 10-year median of 9.48. The Utilities - Independent Power Producers industry median EV-to-EBIT is 17.84. NRG Energy's value of 22.73 is 27.4% above this industry median. Based on the distribution chart, NRG Energy ranks #212 out of 344 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, NRG Energy has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NRG Energy's EV-to-EBIT compare to TLN and OKLO?
According to the Utilities - Independent Power Producers industry distribution chart, NRG Energy ranks #212 out of 344 companies for EV-to-EBIT. This places NRG Energy in the lower half of its industry. The industry median EV-to-EBIT is 17.84. NRG Energy's value of 22.73 is 27.4% above this benchmark. While the company's 10-year median is 9.48 vs. the industry median of 17.84, NRG Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Utilities - Independent Power Producers company?
The median EV-to-EBIT among Utilities - Independent Power Producers companies is 17.84, based on 344 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NRG Energy's current EV-to-EBIT of 22.73 is 27.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on NRG Energy and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-EBIT is 17.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NRG Energy's current EV-to-EBIT is 22.73, which is 140% above median its own 10-year median of 9.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NRG Energy stock overvalued right now?
Based on GuruFocus' analysis, NRG Energy (FRA:NRA) is currently considered Modestly Undervalued. The stock's GF Value™ is €106.20, compared to a current price of €95.60 — trading 10% below its estimated fair value. The current EV-to-EBIT is 22.73, which is 140% above median its 10-year median of 9.48 and 27.4% above the Utilities - Independent Power Producers industry median of 17.84. NRG Energy's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For NRG Energy (FRA:NRA), the current EV-to-EBIT is 22.73 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NRG Energy (FRA:NRA) Overvalued in 2026?

Based on GuruFocus' analysis, NRG Energy stock appears to be undervalued. The current stock price of €95.60 is trading 10% below its estimated GF Value™ of €106.20. GuruFocus considers NRG Energy to be Modestly Undervalued.

Key valuation signals for FRA:NRA:

  • EV-to-EBIT: 22.73 (140% above median its 10-year median of 9.48)
  • GF Value™: €106.20 vs. price of €95.60 (10% below fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 27.4% above the Utilities - Independent Power Producers median (#212 of 344)

No single metric tells the full story. See the FRA:NRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NRG Energy Business Description

Address 1301 McKinney Street, Houston, TX, USA, 77010
NRG Energy is one of the largest retail energy providers in the US, with 6 million customers. Vivint Smart Home, which NRG acquired in 2023, has 2 million home-services customers. NRG also is one of the largest US independent power producers, with 26 gigawatts of coal, gas, and oil power generation capacity in Texas and the Eastern US. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.
82GF Score

Get the complete analysis for FRA:NRA

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€95.60
Price
€106.20
GF Value