NRG vs SO
NRG Energy (NRG) and Southern (SO) compared side by side. Southern (SO) is larger, with a market cap of $106.9B versus $19.4B for NRG Energy, about 5.5 times the size. On trailing earnings, SO is cheaper at 22.4x versus 24.2x for NRG.
Head to head
| Metric | NRG | SO |
|---|---|---|
| Market cap | $19.4B | $106.9B |
| P/E (TTM) | 24.2x | 22.4x |
| Forward P/E | 8.5x | 18.9x |
| Revenue (TTM) | $33.1B | $30.2B |
| Revenue growth | 11.0% | 0.1% |
| Gross margin | 18.8% | 48.3% |
| Operating margin | 12.8% | 29.6% |
| Free cash flow | $316.0M | -$3.3B |
| Dividend yield | 2.06% | 3.27% |
| 1-year return | -43.0% | -0.2% |
| 5-year return (annual) | +20.6% | +12.1% |
| Max drawdown | -79% | -38% |
| FI Handbook grade | B- | C- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
NRG vs SO FAQ
Which is bigger, NRG or SO?
Southern (SO) is larger, with a market cap of $106.9B versus $19.4B for NRG Energy, about 5.5 times the size.
Is NRG or SO cheaper?
On trailing earnings, SO is cheaper at 22.4x versus 24.2x for NRG. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, NRG or SO?
SO returned -0.2% over the past year including dividends, versus -43.0% for NRG, through October 23, 2026.
Which pays a higher dividend, NRG or SO?
SO yields 3.27% versus 2.06% for NRG.
Full pages: NRG Energy · Southern