NYSE$NRG

NRG Energy Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported strong first quarter results with net income of $1.7 billion and Adjusted EBITDA of $509 million.

NRG Energy reported a strong first quarter in 2022, with a Net Income of $1,736 million and Adjusted EBITDA of $509 million. The company is maintaining its 2022 Adjusted EBITDA and FCFbG guidance and is executing a $1 billion share repurchase program.

  • Reported $1.7 billion of net income
  • Delivered $509 million of Adjusted EBITDA; in line with prior year adjusted for divestitures
  • Executing $1 billion share repurchase program; $301 million completed through April 30, 2022
  • Maintaining 2022 Adjusted EBITDA and FCFbG guidance

Headline financials

Total Revenue

$7.9B

Previous: $8.09B-2.4%
EPS (adj)

$7.17

Previous: -$0.23+3217.4%
Adjusted EBITDA

$509M

Previous: $567M-10.2%
Capital Expenditures

-$60M

Previous: -$63M+4.8%
Free Cash Flow

$1.68B

Previous: -$145M+1255.9%
Net Income

$1.74B

Previous: -$82M+2217.1%
Operating Income

$2.43B

Previous: -$56M+4430.4%
Gross Profit

$2.97B

Previous: $1.23B+141.7%
Cash & Equivalents

$387M

Previous: $501M-22.8%
Total Assets

$29.5B

Previous: $19.2B+53.2%
Stock-Based Comp

$6M

Previous: $4M+50.0%

Revenue & EPS history

NRG Energy · Revenue · Quarterly

$7.9B

Q1 2022-2.4%vs Q1 2021
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

NRG Energy · $2.03B total across 1 segment · Q1 2022

  • Texas
    $2.03B-45.3%

Forward guidance

NRG is maintaining its Adjusted EBITDA, Adjusted Cash from Operations, and FCFbG guidance for 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.6%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+2.3%

Avg return

30 days after

44%

32 / 72 earnings

Positive

+26.3%

Q1 2025

Best reaction

-10.1%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.3%-13.0%-17.9%
Q4 2025-1.6%+1.4%-17.2%
Q3 2025-2.3%-6.0%-5.9%
Q1 2025+26.3%+33.4%+24.9%
Q4 2024+10.6%-2.1%-7.1%
Q3 2024-2.2%-4.1%+3.0%
Q2 2024+11.4%+13.6%+6.2%
Q1 2024-2.7%+7.4%-0.1%
Q4 2023+2.4%+6.8%+25.3%
Q3 2023+2.6%+3.6%+10.3%
Q2 2023-0.8%-2.3%+2.2%
Q1 2023-6.5%-6.4%-0.4%
Q4 2022-4.5%-4.9%-12.1%
Q3 2022-0.2%+2.4%-25.3%
Q2 2022+2.9%+2.6%+11.0%
Q1 2022+9.9%+10.8%+20.6%
Q4 2021+3.1%-0.8%+0.5%
Q3 2021-9.3%-12.8%-8.6%
Q2 2021+5.2%+3.4%+8.8%
Q1 2021-0.5%-0.7%-3.0%
Q4 2020+7.6%+9.1%+3.3%
Q3 2020-4.5%-0.3%+5.5%
Q2 2020+2.1%+4.0%-0.5%
Q1 2020-0.0%-2.2%+12.0%
Q4 2019-5.2%-5.0%-15.7%
Q3 2019-2.9%-2.1%-2.8%
Q2 2019+3.5%+0.0%+11.2%
Q1 2019-2.7%-4.7%-16.1%
Q4 2018+2.9%+1.8%+3.6%
Q3 2018-0.3%+2.6%+5.5%
Q2 2018+2.2%+7.2%+10.9%
Q1 2018+9.3%+11.2%+11.3%
Q4 2017+7.8%+13.0%+18.1%
Q3 2017+11.2%+14.4%+12.5%
Q2 2017-0.1%-0.9%+1.4%
Q1 2017-10.1%-9.8%+0.5%
Q4 2016+0.5%+3.2%+9.5%
Q3 2016+12.3%+18.8%+11.0%
Q2 2016-5.7%-5.9%-8.1%
Q1 2016+6.2%
Q4 2015+1.6%
Q3 2015+0.7%
Q2 2015-10.1%
Q1 2015+4.1%
Q4 2014-5.6%
Q3 2014+9.0%
Q2 2014-1.6%
Q1 2014+3.9%
Q4 2013-0.2%
Q3 2013-2.8%
Q2 2013-3.5%
Q1 2013-1.5%
Q4 2012+0.7%
Q3 2012-2.6%
Q2 2012+6.9%
Q1 2012-6.9%
Q4 2010-2.8%
Q4 2011-2.8%
Q3 2011+2.5%
Q2 2011-6.3%
Q1 2011-0.9%
Q4 2007-5.2%
Q3 2010+0.3%
Q2 2010-2.2%
Q1 2009-3.0%
Q1 2010+1.8%
Q4 2009-5.2%
Q3 2008+1.3%
Q3 2009+1.3%
Q2 2008-1.2%
Q4 2008-1.2%
Q2 2009-1.2%

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