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Kenon Holdings vs NRG Energy

NRG Energy is the larger business, with $30.71bn of revenue in fiscal 2025 against $872m for Kenon Holdings (35.2 times as much). Kenon Holdings grew faster (16.1% against 9.2%). Kenon Holdings kept more of each dollar of sales as profit: a net margin of 7.6% against 2.8%. Kenon Holdings carries less debt relative to equity (111.4% against 987.5%).

Latest fiscal yearKenon HoldingsKEN, 2025NRG EnergyNRG, 2025
Revenue $872m $30.71bn
Revenue growth 16.1% 9.2%
Net income $66.3m $864m
Operating margin 7.2% 6.0%
Net margin 7.6% 2.8%
Return on equity 4.1% 41.5%
Free cash flow $167m $766m
Cash $1.48bn $4.71bn
Total debt $1.77bn $16.60bn
Debt to equity 111.4% 987.5%
Dividend per share — $1.76
Dividend yield 7.9% 2.2%
Share buybacks — $1.31bn
Employees — 16,702
Market value $3.40bn $20.38bn
Price vs our value range — Within our value range
Moat score — 46 (Moderate)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 15 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.