• NRG Energy average return on tangible equity for 2023 was 98.06, a 78.15% decline from 2022.
• NRG Energy average return on tangible equity for 2022 was 448.84, a 467.51% decline from 2021.
• NRG Energy average return on tangible equity for 2021 was -122.13, a 1007.36% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.