NRG Energy Inc. (NRG)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,448,000 | -213,000 | 1,663,000 | 2,859,000 | 761,000 |
| Revenue | US$ in thousands | 28,130,000 | 28,823,000 | 31,543,000 | 26,989,000 | 9,093,000 |
| Pretax margin | 5.15% | -0.74% | 5.27% | 10.59% | 8.37% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,448,000K ÷ $28,130,000K
= 5.15%
The pretax margin of NRG Energy Inc. has shown variability over the past five years. In December 31, 2020, the pretax margin stood at 8.37%, indicating that the company generated a profit before accounting for taxes equivalent to 8.37% of its total revenue.
By December 31, 2021, NRG Energy Inc. improved its pretax margin to 10.59%, demonstrating an enhanced ability to generate profits relative to its revenue. However, in December 31, 2022, the pretax margin decreased to 5.27%, signifying a decline in the company's profitability compared to the previous year.
The trend continued with a significant decrease in the pretax margin to -0.74% by December 31, 2023, implying that NRG Energy Inc. incurred a loss before taxes. Nevertheless, the company managed to recover in the following year, as by December 31, 2024, the pretax margin was at 5.15%.
Overall, the fluctuating pretax margin of NRG Energy Inc. indicates varying levels of profitability and financial performance during the analyzed period, with the company experiencing both positive and negative trends in its ability to generate profits before considering the impact of taxes.
Peer comparison
Dec 31, 2024