undamentalytics Newsletter

Independent Power Producers & Energy Traders stocks

6 US-listed companies in independent power producers & energy traders, with $48.6bn of combined revenue in their latest fiscal years. NRG Energy is the largest ($30.7bn). The fastest grower with at least $100m of revenue in both years is Talen Energy Corp, up 22.0%. The median company grew 12.6% with a net margin of 5.1%.

Companies6
Combined revenue$48.6bn
Median revenue growth12.6%
Median net margin5.1%
Median return on equity13.9%
#CompanyRevenueGrowthNet marginROEFiscal year
1 NRG EnergyNRG $30.7bn 9.2% 2.8% 41.5% 2025
2 AES CorporationAES $12.2bn −0.4% 7.4% 23.6% 2025
3 Talen Energy CorpTLN $2.6bn 22.0% −8.5% −17.7% 2025
4 Transalta CorpTAC $1.7bn −17.1% −5.7% −8.8% 2025
5 Kenon Holdings Ltd.KEN $872m 16.1% 7.6% 4.1% 2025
6 Hallador Energy CoHNRG $469m 16.2% 8.9% 31.7% 2025

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other utilities industries

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.