---
schema_version: "secwatch.filing_event.v1"
accession: "0001013871-24-000003"
form_type: "8-K"
ticker: "NRG"
cik: "0001013871"
company_name: "NRG ENERGY, INC."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T07:53:09.990913+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NRG posts full year 2023 Adj EBITDA of $3.28B, FCFbG of $1.93B; reaffirms 2024 guidance

## Summary
- Full year 2023 Net Loss of $202M due to unrealized mark-to-market losses; Adj EBITDA $3.28B, up 76% YoY.
- FCFbG of $1.93B exceeded revised guidance; Q4 Net Income $482M vs loss of $1.1B a year ago.
- Returned $1.5B to shareholders; raised annual dividend 8% for fifth consecutive year.
- Reduced debt by $1.52B using $1.4B cash; completed $300M Direct Energy synergy program.
- Reaffirmed 2024 guidance for Adj EBITDA $3.3-3.55B and FCFbG $1.825-2.075B; $100M realized on growth program.

## SEC filing metadata
- accession: 0001013871-24-000003
- form_type: 8-K
- ticker: NRG
- cik: 0001013871
- company_name: NRG ENERGY, INC.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013871/000101387124000003/0001013871-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013871/000101387124000003/nrg-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013871-24-000003
- JSON: https://secwatch.observer/filing/0001013871-24-000003.json
- Plain text: https://secwatch.observer/filing/0001013871-24-000003.txt

## Key facts
- Earnings Releases
  NRG ENERGY, INC. reported full year and quarter ended December 31, 2023 results: net income Net Income for the three months ended December 31, 2023 of $482 million and a full year Net Loss of $202 million. Guidance reaffirmed.
  - Period: full year and quarter ended December 31, 2023
  - Net income: Net Income for the three months ended December 31, 2023 of $482 million and a full year Net Loss of $202 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: On February 28, 2024 , NRG Energy, Inc. issued a press release announcing its financial results for the full year and quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000101387124000003/0001013871-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.