NRG EnergyMEX:NRG -2.06%51 Gross Margin % is 13.63% as of Mar. 2026, which is 43% below its 10-year median of 24.11. GuruFocus rates MEX:NRG with a GF Score™ of 51/100 and a GF Value™ of MXN2,106.03 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, NRG Energy ranks worse than 74.94% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. NRG Energy's Gross Profit for the
three
months ended in Mar. 2026 was MXN25,210 Mil. NRG Energy's Revenue for the
three
months ended in Mar. 2026 was MXN184,943 Mil. Therefore, NRG Energy's Gross Margin % for the quarter that ended in Mar. 2026 was 13.63%.
Warning Sign:
NRG Energy Inc gross margin has been in long-term decline. The average rate of decline per year is -7.4%.
The historical rank and industry rank for NRG Energy's Gross Margin % or its related term are showing as below:
MEX:NRG'
s Gross Margin % Range Over the Past 10 Years
Min: 8.12 Med: 24.11 Max: 28.08
Current: 16.45
During the past 13 years, the highestGross Margin % of NRG Energy was 28.08%. The lowest was 8.12%. And the median was 24.11%.
NRG Energy had a gross margin of 13.63% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for NRG Energy was -7.40% per year.
NRG Energy (MEX:NRG) Gross Margin % 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 13.63% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
NRG Energy Gross Margin % Related Terms
NRG Energy Gross Margin % Historical Data
* Premium members only.
The historical data trend for NRG Energy's Gross Margin % 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.
MEX:NRG vs TLN, OKLO, VST: Gross Margin % Comparison
For the Utilities - Independent Power Producers subindustry, NRG Energy's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, NRG Energy's Gross Margin % distribution charts can be found below:
* The bar in red indicates where NRG Energy's Gross Margin % falls into.
* 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 (MEX:NRG) has a Gross Margin % of 13.63% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on NRG Energy and its competitors. This is 43% below median its historical median of 24.11. Over the past decade, NRG Energy's Gross Margin % has ranged from 8.12 to 28.08. According to the industry distribution chart, NRG Energy ranks #302 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 74.9%.
Is NRG Energy's Gross Margin % too high?
NRG Energy's current Gross Margin % of 13.63% is 43% below median its 10-year median of 24.11. Over the past 10 years, this metric has ranged from a low of 8.12 to a high of 28.08. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. NRG Energy's value of 13.63% is 56.5% below this industry median. Based on the distribution chart, NRG Energy ranks #302 out of 403 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, NRG Energy has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NRG Energy's Gross Margin % compare to TLN and OKLO?
According to the Utilities - Independent Power Producers industry distribution chart, NRG Energy ranks #302 out of 403 companies for Gross Margin %. This places NRG Energy in the lower half of its industry. The industry median Gross Margin % is 31.35. NRG Energy's value of 13.63% is 56.5% below this benchmark. Historically, NRG Energy's own Gross Margin % has ranged from 8.12 to 28.08 over the past decade. While the company's 10-year median is 24.11 vs. the industry median of 31.35, NRG Energy has consistently been below 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 Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NRG Energy's current Gross Margin % of 13.63% is 56.5% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on NRG Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NRG Energy's current Gross Margin % is 13.63%, which is 43% below median its own 10-year median of 24.11. 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 (MEX:NRG) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,106.03, compared to a current price of MXN2,517.00 — trading 19.5% above its estimated fair value. The current Gross Margin % is 13.63%, which is 43% below median its 10-year median of 24.11 and 56.5% below the Utilities - Independent Power Producers industry median of 31.35. NRG Energy's overall GF Score™ is 51/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For NRG Energy (MEX:NRG), the current Gross Margin % is 13.63% as of Mar. 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 (MEX:NRG) Overvalued in 2026?
Based on GuruFocus' analysis, NRG Energy stock appears to be overvalued.
The current stock price of MXN2,517.00 is trading 19.5% above its estimated GF Value™ of MXN2,106.03.
GuruFocus considers NRG Energy to be Modestly Overvalued.
Key valuation signals for MEX:NRG:
Gross Margin %: 13.63% (43% below median its 10-year median of 24.11)
GF Value™: MXN2,106.03 vs. price of MXN2,517.00 (19.5% above fair value)
Industry Position: 56.5% below the Utilities - Independent Power Producers median (#302 of 403)
No single metric tells the full story. See the MEX:NRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
51GF Score
Get the complete analysis for MEX:NRG
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:NRG has been successfully added to your 
