NRG Energy, Inc.

NYSE:NRG Stock Report

Market Cap: US$32.7b

NRG Energy Management

Management criteria checks 4/4

NRG Energy's CEO is Larry Coben, appointed in Nov 2023, has a tenure of 2.25 years. total yearly compensation is $5.46M, comprised of 11.5% salary and 88.5% bonuses, including company stock and options. directly owns 0.054% of the company’s shares, worth $17.76M. The average tenure of the management team and the board of directors is 3.3 years and 6.3 years respectively.

Key information

Larry Coben

Chief executive officer

US$5.5m

Total compensation

CEO salary percentage11.52%
CEO tenure2.3yrs
CEO ownership0.05%
Management average tenure3.3yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

NRG Energy Vs. NextEra Energy: AI Data Centers, Dividends, And Total Returns

Feb 03

Is NRG Energy (NYSE:NRG) A Risky Investment?

Jul 18
Is NRG Energy (NYSE:NRG) A Risky Investment?

At US$152, Is NRG Energy, Inc. (NYSE:NRG) Worth Looking At Closely?

Jun 23
At US$152, Is NRG Energy, Inc. (NYSE:NRG) Worth Looking At Closely?

Results: NRG Energy, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

May 15
Results: NRG Energy, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

NRG Energy, Inc.'s (NYSE:NRG) Shares Leap 40% Yet They're Still Not Telling The Full Story

May 04
NRG Energy, Inc.'s (NYSE:NRG) Shares Leap 40% Yet They're Still Not Telling The Full Story

NRG Energy: Attractively Priced As Demand Ratchets Up

Mar 11

We Like The Quality Of NRG Energy's (NYSE:NRG) Earnings

Mar 10
We Like The Quality Of NRG Energy's (NYSE:NRG) Earnings

NRG Energy: Soaring Consumer Demand Sees Its Upside Potential

Jan 14

NRG Energy: Electrifying Growth, But Overvalued

Dec 18

NRG Energy: I'm Buying The Growth In Texas And Beyond

Nov 09

NRG Energy: Decent Valuation To Add This Strong Utility Player In Your Portfolio

Sep 04

NRG: Darkhorse AI Energy Play

Aug 27
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Texas Energy Ventures Face Market Fluctuations And Critical Risks

Pursuit of new projects and reliance on volatile power markets may increase NRG Energy's financial unpredictability, affecting cash flows and earnings stability.

CEO Compensation Analysis

How has Larry Coben's remuneration changed compared to NRG Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$1b

Jun 30 2025n/an/a

US$455m

Mar 31 2025n/an/a

US$1b

Dec 31 2024US$5mUS$630k

US$1b

Sep 30 2024n/an/a

US$897m

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$12mUS$10k

-US$256m

Sep 30 2023n/an/a

-US$2b

Jun 30 2023n/an/a

-US$2b

Mar 31 2023n/an/a

-US$2b

Dec 31 2022US$479kn/a

US$1b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$3b

Mar 31 2022n/an/a

US$4b

Dec 31 2021US$467kn/a

US$2b

Sep 30 2021n/an/a

US$2b

Jun 30 2021n/an/a

US$1b

Mar 31 2021n/an/a

US$307m

Dec 31 2020US$525kn/a

US$510m

Sep 30 2020n/an/a

US$4b

Jun 30 2020n/an/a

US$4b

Mar 31 2020n/an/a

US$4b

Dec 31 2019US$473kn/a

US$4b

Compensation vs Market: Larry's total compensation ($USD5.46M) is below average for companies of similar size in the US market ($USD13.32M).

Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.

CEO

Larry Coben (66 yo)

2.3yrs
Tenure
US$5,463,154
Compensation

Dr. Lawrence Stephen Coben, also known as Larry, Ph. D. is Chief Executive Officer at NRG Energy, Inc. since August 01, 2024. He had been the President of NRG Energy, Inc. since November 17, 2023 until Jan...

Leadership Team

NamePositionTenureCompensationOwnership
Lawrence Coben
CEO & Chairman of the Board2.3yrsUS$5.46m0.054%
$ 17.8m
Robert Gaudette
Presidentless than a yearUS$4.16m0.030%
$ 9.7m
Bruce Chung
EVP & CFO2.7yrsUS$4.62m0.024%
$ 7.7m
Brian Curci
Executive VP of Legal & General Counsel7.9yrsUS$3.59m0.021%
$ 7.0m
Gerald Spencer
Senior VP & Chief Accounting Officer2.2yrsno data0.0012%
$ 401.8k
Dak Liyanearachchi
Executive VP & CTO4.1yrsno data0.030%
$ 9.7m
Virginia Kinney
Executive VP & Chief Administrative Officer1.2yrsno data0.028%
$ 9.2m
Brendan Mulhern
Head of Investor Relationsno datano datano data
Judith Lagano
Senior Vice President of Asset Management10.6yrsno datano data
Christopher Moser
Executive VP and Head of Competitive Markets & Policy3.8yrsUS$2.11mno data
Donna Benefield
Senior VP of Program Office & Head of NRG Services4.2yrsno datano data
Lynda Clemmons
SVP, Chief Sustainability Officer & Head of Strategy Implementationno datano datano data
3.3yrs
Average Tenure
52yo
Average Age

Experienced Management: NRG's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Lawrence Coben
CEO & Chairman of the Board22.2yrsUS$5.46m0.054%
$ 17.8m
Alexander Pourbaix
Independent Director2.3yrsUS$299.01kno data
Marwan Fawaz
Independent Director2.3yrsUS$299.01k0%
$ 0
Marcie Zlotnik
Independent Director2.3yrsUS$299.01kno data
E. Abraham
Independent Director13.2yrsUS$319.05k0.0031%
$ 1.0m
Alexandra D. Pruner
Independent Director6.3yrsUS$332.87k0.000040%
$ 13.1k
Elisabeth Donohue
Independent Director5.3yrsUS$317.41k0.0017%
$ 565.2k
Matthew Carter
Independent Director7.9yrsUS$299.01kno data
Antonio Carrillo
Lead Independent Director6.3yrsUS$340.32k0.011%
$ 3.5m
Heather M. Cox
Independent Director7.9yrsUS$319.05k0.0076%
$ 2.5m
6.3yrs
Average Tenure
62yo
Average Age

Experienced Board: NRG's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/04 11:21
End of Day Share Price 2026/02/04 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NRG Energy, Inc. is covered by 26 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas CampanellaBarclays
Daniel FordBarclays
James ThalackerBMO Capital Markets Equity Research