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NRG Energy NRG Home Solar — Equity Method Investments

Discontinued — last reported Q4 '15

Similar metrics at other companies

DTE Energy logo
DTEOperating Segments — Equity Method Investments
$1.07B+42.7%
NRZ
NRZServicing — Investments in equity method investees
NRZ
NRZOrigination — Investments in equity method investees
NRZ
NRZOperating Segments — Equity Method Investments Consolidated
NRZ
NRZResidential Mortgage Loans — Equity Method Investments Consolidated
NRZ
NRZResidential Mortgage Backed Securities Loan — Equity Method Investments Consolidated

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$27.88B+59.6%
Enterprise value$54.52B+87.0%
P/E116.6×+104×
P/S0.9×+0.3×

Profitability

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

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 us-gaap:EquityMethodInvestments.

The official record: NRG Energy’s 10-K, filed February 29, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does home solar — equity method investments mean?
The value of the home solar division's minority ownership stakes in other companies.
How do you interpret home solar — equity method investments?
Growth in these investments suggests strategic expansion through partnerships, while a decline may indicate divestment or write-downs of partner performance.
How does home solar — equity method investments compare across companies?
Comparable to equity method investment reporting in corporate financial statements.