AESI vs. NRG

Last updated Apr 2, 2026

Compare and contrast key facts about Atlas Energy Solutions Inc (AESI) and NRG Energy, Inc. (NRG).

Performance

AESI vs. NRG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Atlas Energy Solutions Inc (AESI) and NRG Energy, Inc. (NRG). The values are adjusted to include any dividend payments, if applicable.

AESI vs. NRG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AESI Atlas Energy Solutions Inc	29.51%	-55.28%	34.96%	5.56%
NRG NRG Energy, Inc.	-5.57%	78.91%	78.58%	61.42%

Fundamentals

Market Cap AESI : $1.51B NRG : $29.83B
EPS AESI : -$0.41 NRG : $4.39
PB Ratio AESI : 1.25 NRG : 28.93
Total Revenue (TTM) AESI : $1.10B NRG : $0.00
Gross Profit (TTM) AESI : $150.67M NRG : $0.00
EBITDA (TTM) AESI : $128.88M NRG : $1.80B

Returns By Period

In the year-to-date period, AESI achieves a 29.51% return, which is significantly higher than NRG's -5.57% return.

AESI

• 1D: -7.01%
• 1M: 22.49%
• YTD: 29.51%
• 6M: 7.49%
• 1Y: -29.88%
• 3Y*: -6.36%
• 5Y*: —
• 10Y*: —

NRG

• 1D: 2.57%
• 1M: -14.63%
• YTD: -5.57%
• 6M: -6.89%
• 1Y: 54.03%
• 3Y*: 67.36%
• 5Y*: 35.75%
• 10Y*: 30.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AESI vs. NRG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AESI

AESI Risk / Return Rank: 22
AESI Sharpe Ratio Rank: 20
AESI Sortino Ratio Rank: 21
AESI Omega Ratio Rank: 22
AESI Calmar Ratio Rank: 23
AESI Martin Ratio Rank: 26

NRG

NRG Risk / Return Rank: 76
NRG Sharpe Ratio Rank: 74
NRG Sortino Ratio Rank: 72
NRG Omega Ratio Rank: 72
NRG Calmar Ratio Rank: 82
NRG Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AESI vs. NRG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Atlas Energy Solutions Inc (AESI) and NRG Energy, Inc. (NRG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AESI	NRG	Difference
Sharpe ratio Return per unit of total volatility	-0.48	1.02	-1.50
Sortino ratio Return per unit of downside risk	-0.34	1.71	-2.05
Omega ratio Gain probability vs. loss probability	0.96	1.23	-0.28
Calmar ratio Return relative to maximum drawdown	-0.53	2.54	-3.07
Martin ratio Return relative to average drawdown	-0.83	6.05	-6.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AESI vs. NRG - Sharpe Ratio Comparison

The current AESI Sharpe Ratio is -0.48, which is lower than the NRG Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of AESI and NRG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AESI	NRG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	1.02	-1.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.92	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	0.38	-0.51

Correlation

The correlation between AESI and NRG is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AESI vs. NRG - Dividend Comparison

AESI's dividend yield for the trailing twelve months is around 4.10%, more than NRG's 1.20% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AESI Atlas Energy Solutions Inc	4.10%	7.96%	4.33%	4.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NRG NRG Energy, Inc.	1.20%	1.11%	1.81%	2.92%	4.40%	3.02%	3.20%	0.30%	0.30%	0.42%	1.92%	4.93%

Drawdowns

AESI vs. NRG - Drawdown Comparison

The maximum AESI drawdown since its inception was -65.91%, smaller than the maximum NRG drawdown of -79.41%. Use the drawdown chart below to compare losses from any high point for AESI and NRG.

Drawdown Indicators

	AESI	NRG	Difference
Max Drawdown Largest peak-to-trough decline	-65.91%	-79.41%	+13.50%
Max Drawdown (1Y) Largest decline over 1 year	-54.18%	-23.26%	-30.92%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.62%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-48.76%	—
Current Drawdown Current decline from peak	-48.66%	-18.55%	-30.11%
Average Drawdown Average peak-to-trough decline	-24.94%	-28.06%	+3.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.56%	9.75%	+24.81%

Volatility

AESI vs. NRG - Volatility Comparison

Atlas Energy Solutions Inc (AESI) has a higher volatility of 21.35% compared to NRG Energy, Inc. (NRG) at 15.32%. This indicates that AESI's price experiences larger fluctuations and is considered to be riskier than NRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AESI	NRG	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.35%	15.32%	+6.03%
Volatility (6M) Calculated over the trailing 6-month period	48.40%	32.27%	+16.13%
Volatility (1Y) Calculated over the trailing 1-year period	62.66%	53.38%	+9.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.75%	39.08%	+8.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.75%	39.02%	+8.73%

Financials

AESI vs. NRG - Profitability Comparison

The chart below illustrates the profitability comparison between Atlas Energy Solutions Inc and NRG Energy, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AESI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Atlas Energy Solutions Inc reported a gross profit of 27.55M and revenue of 249.43M. Therefore, the gross margin over that period was 11.0%.

NRG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, NRG Energy, Inc. reported a gross profit of -4.17B and revenue of -22.96B. Therefore, the gross margin over that period was 18.2%.

AESI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Atlas Energy Solutions Inc reported an operating income of -15.57M and revenue of 249.43M, resulting in an operating margin of -6.2%.

NRG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, NRG Energy, Inc. reported an operating income of 246.00M and revenue of -22.96B, resulting in an operating margin of -1.1%.

AESI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Atlas Energy Solutions Inc reported a net income of -22.24M and revenue of 249.43M, resulting in a net margin of -8.9%.

NRG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, NRG Energy, Inc. reported a net income of 66.00M and revenue of -22.96B, resulting in a net margin of -0.3%.