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Edison International vs Nrg Energy: revenue, profit, margins and growth compared

Edison International brought in $19.3B of revenue in fiscal 2025, Nrg Energy $30.7B in fiscal 2025. Revenue changed by +9.8% at Edison International and +9.2% at Nrg Energy on the year before, so Edison International grew faster. Edison International kept 23.1% of its revenue as net profit, Nrg Energy 2.8%. Free cash flow was -$715M at Edison International and $766M at Nrg Energy.

Side by side, latest fiscal year

EIXNRG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$19.3B$30.7B
Revenue growth+9.8%+9.2%
Net income$4.5B$864M
Net margin23.1%2.8%
Free cash flow-$715M$766M
Free cash flow margin-3.7%2.5%
Earnings per share (diluted)$11.55$4.01
Cash$158M$4.7B
Debt$38B$16.6B
Price to earnings4.625.0
Market value$20.3B$21.1B
Dividend yield6.38%1.75%
Rank by revenue in sector#12 of 109 · Utilities#4 of 109 · Utilities

Over the years

Revenue
EIX FY2018: $12.7BEIX FY2019: $12.3BEIX FY2020: $13.6BEIX FY2021: $14.9BEIX FY2022: $17.2BEIX FY2023: $16.3BEIX FY2024: $17.6BEIX FY2025: $19.3BNRG FY2018: $9.5BNRG FY2019: $9.8BNRG FY2020: $9.1BNRG FY2021: $27BNRG FY2022: $31.5BNRG FY2023: $28.8BNRG FY2024: $28.1BNRG FY2025: $30.7BFY18FY19FY20FY21FY22FY23FY24FY25
EIX $19.3BNRG $30.7B
Net income
EIX FY2018: -$423MEIX FY2019: $1.3BEIX FY2020: $739MEIX FY2021: $759MEIX FY2022: $612MEIX FY2023: $1.2BEIX FY2024: $1.3BEIX FY2025: $4.5BNRG FY2018: $268MNRG FY2019: $4.4BNRG FY2020: $510MNRG FY2021: $2.2BNRG FY2022: $1.2BNRG FY2023: -$202MNRG FY2024: $1.1BNRG FY2025: $864MFY18FY19FY20FY21FY22FY23FY24FY25
EIX $4.5BNRG $864M
Net margin
EIX FY2018: -3.3%EIX FY2019: 10.4%EIX FY2020: 5.4%EIX FY2021: 5.1%EIX FY2022: 3.6%EIX FY2023: 7.3%EIX FY2024: 7.3%EIX FY2025: 23.1%NRG FY2018: 2.8%NRG FY2019: 45.2%NRG FY2020: 5.6%NRG FY2021: 8.1%NRG FY2022: 3.9%NRG FY2023: -0.7%NRG FY2024: 4.0%NRG FY2025: 2.8%FY18FY19FY20FY21FY22FY23FY24FY25
EIX 23.1%NRG 2.8%
Revenue growth
EIX FY2019: -2.4%EIX FY2020: +10.0%EIX FY2021: +9.8%EIX FY2022: +15.5%EIX FY2023: -5.1%EIX FY2024: +7.7%EIX FY2025: +9.8%NRG FY2019: +3.6%NRG FY2020: -7.4%NRG FY2021: +196.8%NRG FY2022: +16.9%NRG FY2023: -8.6%NRG FY2024: -2.4%NRG FY2025: +9.2%FY19FY20FY21FY22FY23FY24FY25
EIX +9.8%NRG +9.2%
Free cash flow
EIX FY2018: -$1.3BEIX FY2019: -$5.2BEIX FY2020: -$4.2BEIX FY2021: -$5.5BEIX FY2022: -$2.6BEIX FY2023: -$2BEIX FY2024: -$693MEIX FY2025: -$715MNRG FY2018: $989MNRG FY2019: $1.2BNRG FY2020: $1.6BNRG FY2021: $224MNRG FY2022: -$7MNRG FY2023: -$819MNRG FY2024: $1.8BNRG FY2025: $766MFY18FY19FY20FY21FY22FY23FY24FY25
EIX -$715MNRG $766M

Fiscal years as each company reports them; the two may end in different months.

Questions about Edison International and Nrg Energy

Which is bigger by revenue, Edison International or Nrg Energy?

Nrg Energy is bigger by revenue: $30.7B in fiscal 2025, against $19.3B for Edison International in fiscal 2025.

Which keeps more of its revenue as profit, Edison International or Nrg Energy?

Edison International had a net margin of 23.1% in fiscal 2025; Nrg Energy had 2.8% in fiscal 2025.

Which grew revenue faster, Edison International or Nrg Energy?

In their latest fiscal years revenue changed by +9.8% at Edison International and +9.2% at Nrg Energy.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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