NRG Energy, Inc. (NRG)

NRG Energy Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	864	1,125	-202	1,221	2,187
Depreciation & Amortization	1,022	1,210	1,338	901	972
Other Amortization	561	371	220	109	39
Loss (Gain) on Sale of Assets	25	-192	-1,559	-102	-261
Loss (Gain) on Sale of Investments	39	7	102	-	-
Loss (Gain) on Equity Investments	-8	-13	-6	7	20
Asset Writedown	-	36	26	206	544
Stock-Based Compensation	134	102	101	28	21
Change in Accounts Receivable	-760	-366	1,004	-1,560	-1,232
Change in Inventory	30	111	189	-252	-61
Change in Accounts Payable	192	170	-1,455	1,295	476
Change in Other Net Operating Assets	-1,038	-1,024	-514	-259	-113
Other Operating Activities	580	455	284	-1,245	-2,797
Operating Cash Flow	1,913	2,306	-221	360	493
Operating Cash Flow Growth	-17.04%	-	-	-26.98%	-73.16%
Capital Expenditures	-1,147	-472	-598	-367	-269
Sale of Property, Plant & Equipment	6	501	2,007	109	830
Cash Acquisitions	-596	-38	-2,523	-62	-3,559
Sale (Purchase) of Intangibles	-1	-18	-24	-6	-
Contributions to Nuclear Demissioning Trust	-	-	-367	-454	-751
Other Investing Activities	100	3	595	448	710
Investing Cash Flow	-1,638	-24	-910	-332	-3,039
Short-Term Debt Issued	1,575	1,050	3,020	-	1,415
Long-Term Debt Issued	6,676	3,200	731	-	1,100
Total Debt Issued	8,251	4,250	3,751	-	2,515
Short-Term Debt Repaid	-1,575	-1,050	-3,020	-	-1,415
Long-Term Debt Repaid	-1,005	-3,255	-523	-5	-1,861
Total Debt Repaid	-2,580	-4,305	-3,543	-5	-3,276
Net Debt Issued (Repaid)	5,671	-55	208	-5	-761
Issuance of Common Stock	-	-	-	-	1
Repurchase of Common Stock	-1,403	-985	-1,172	-606	-48
Common Dividends Paid	-	-	-	-332	-319
Dividends Paid	-411	-405	-381	-332	-319
Other Financing Activities	-311	-310	310	1,986	855
Financing Cash Flow	3,546	-1,755	-400	1,043	-272
Foreign Exchange Rate Adjustments	4	-3	2	-3	-2
Net Cash Flow	3,825	524	-1,529	1,068	-2,820
Free Cash Flow	766	1,834	-819	-7	224
Free Cash Flow Growth	-58.23%	-	-	-	-86.06%
Free Cash Flow Margin	2.49%	6.52%	-2.84%	-0.02%	0.83%
Free Cash Flow Per Share	3.85	8.65	-3.59	-0.03	0.91
Cash Interest Paid	572	626	548	383	433
Cash Income Tax Paid	-	182	48	66	32
Levered Free Cash Flow	1,091	2,346	2,541	1,540	308.75
Unlevered Free Cash Flow	1,503	2,714	2,906	1,777	572.88
Change in Working Capital	-1,576	-1,109	-776	-776	-930

Updated Feb 24, 2026. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q