NRG Energy Inc. (NRG)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -213,000 | 1,663,000 | 2,859,000 | 761,000 | 1,104,000 |
| Revenue | US$ in thousands | 28,823,000 | 31,543,000 | 26,989,000 | 9,093,000 | 9,821,000 |
| Pretax margin | -0.74% | 5.27% | 10.59% | 8.37% | 11.24% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $-213,000K ÷ $28,823,000K
= -0.74%
The pretax margin of NRG Energy Inc. has fluctuated over the past five years, ranging from a low of -0.74% in 2023 to a high of 10.59% in 2021. This indicates that the company's ability to generate profits before accounting for taxes has varied significantly. The decrease in pretax margin in 2023 compared to 2022 suggests a decline in profitability, potentially due to increased expenses or lower revenue. Further analysis of the company's financial performance and operating efficiency would be necessary to fully understand the reasons behind these fluctuations and to evaluate the overall financial health of NRG Energy Inc.
Peer comparison
Dec 31, 2023