How do you interpret retail — equity in earnings/(losses) of unconsolidated affiliates?

Positive earnings indicate successful partnerships, while losses suggest underperformance of those specific ventures.

NRG Energy NRG Retail — Equity in earnings/(losses) of unconsolidated affiliates

Discontinued — last reported Q4 '19

Similar metrics at other companies

HRLRetail — Equity in Earnings of Affiliates

$11.17M+31.9%

SUNRetail — Profit Loss

-$168.75M—

HRLRetail — Less: Net Earnings (Loss) Attributable to Noncontrolling Interest

$0—

CNP

CNPElectric — Equity in earnings (loss) of unconsolidated affiliates, net

$0—

FEDistribution — Equity method investment earnings, net (Note 1.)

$0—

SUNRetail — Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments

-$690M—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$169.0M-120%

CapEx$317.0M+46.1%

Free cash flow-$486.0M-176%

Valuation

See full

Market cap$28.5B+59.6%

Enterprise value$55.13B+87.0%

P/E119.2×+106×

P/S0.9×+0.3×

Profitability

See full

Gross margin16.4%-5.0pp

Operating margin3.2%-6.0pp

Net margin0.7%-3.9pp

FCF margin5.7%—

Returns & leverage

See full

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:IncomeLossFromEquityMethodInvestments.

The official record: NRG Energy’s 10-K, filed February 27, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does retail — equity in earnings/(losses) of unconsolidated affiliates mean?: The company's share of profits or losses from retail-related partnerships it does not fully own.
How do you interpret retail — equity in earnings/(losses) of unconsolidated affiliates?: Positive earnings indicate successful partnerships, while losses suggest underperformance of those specific ventures.
How does retail — equity in earnings/(losses) of unconsolidated affiliates compare across companies?: Standard metric for companies with joint ventures or minority equity stakes.