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NRG Energy NRG Cash collateral received in support of energy risk management activities

Cash collateral received in support of energy risk management activities at other companies

TFS Financial logo
TFS FinancialTFSL
$54.72M+504%
World Kinect logo
World KinectWKC
-$35.7M-526%
Dynex Capital logo
Dynex CapitalDX
$0-100%
Jefferies Financial Group logo
Jefferies Financial GroupJEF
$368.5M-37.7%
State Street logo
State StreetSTT
$25.21B+46.4%
ARMOUR Residential REIT logo
ARMOUR Residential REITARR
$401.19M-38.8%

Other financials

Income statement

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Revenue$10.3B+19.5%
Gross profit$1.4B-30.9%
Operating income$328.0M-71.1%
Net income$125.0M-83.3%
EPS (diluted)$0.52-85.6%

Balance sheet

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Cash & equivalents$178.0M-74.3%
Total debt$26.8B+122%
Total equity$4.9B+75.5%
Total assets$40.1B+60.3%

Cash flow

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Operating cash flow-$169.0M-120%
CapEx$317.0M+46.1%
Free cash flow-$486.0M-176%

Valuation

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Market cap$30.82B-8.7%
Enterprise value$57.46B+26.8%
P/E128.9×+64.3×
P/S-0.2×

Profitability

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Gross margin16.4%-5.0pp
Operating margin3.2%-6.0pp
Net margin0.7%-3.9pp
FCF margin5.7%

Returns & leverage

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Return on equity6.2%-38.7pp
Debt / equity5.5×+1.1×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by NRG Energy in its filing.

Tagged under the XBRL concept nrg:DerivativeAssetNotSubjectToMasterNettingArrangementCollateralObligationToReturnCashNotOffset.

The official record: NRG Energy’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NRG Energy's cash collateral received in support of energy risk management activities?
NRG Energy (NRG) reported cash collateral received in support of energy risk management activities of $260M in Q4 2025.
How has NRG Energy's cash collateral received in support of energy risk management activities changed year-over-year?
NRG Energy's cash collateral received in support of energy risk management activities increased by 30.7% year-over-year, from $199M to $260M.
What is the long-term trend for NRG Energy's cash collateral received in support of energy risk management activities?
Over 4 years (2021 to 2025), NRG Energy's cash collateral received in support of energy risk management activities has grown at a -25.5% compound annual growth rate (CAGR), from $845M to $260M.
What does cash collateral received in support of energy risk management activities mean?
This represents cash collateral received from counterparties to secure energy risk management contracts. It reflects the company's credit position in its trading and hedging activities.