Entergy Corporation

ETR

UtilitiesLarge CapUS Equities · NYSE / NASDAQ

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Company Profile

Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. It generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans. It also engages in the ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides decommissioning services to other nuclear power plant owners. It generates electricity through gas, nuclear, coal, hydro, and solar power sources. The company sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. The company's power plants have approximately 25,000 megawatts of electric generating capacity. It delivers electricity to 3.1 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy Corporation was founded in 1913 and is headquartered in New Orleans, Louisiana.

Valuation

Market Cap$50.0B

Current Price$113.42as of Jun 23, 2026

P/E Ratio28.22

P/B Ratio2.96

EV / EBITDA12.86

EV / Sales6.11

Profitability

Operating Margin24.8%

Net Profit Margin13.7%

EBITDA Margin47.5%

Returns

ROE10.5%

ROCE5.0%

ROIC %-

ROA2.5%

Solvency

Current Ratio0.74

Debt / Equity1.83

Debt / Assets0.43

CFO / Net Profit2.90

Price History▲ 37.30% over 1Y

Technical Chart

Historical Performance Charts

5-year financial trends. Figures in USD millions.

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Latest fiscal year: 2025

Revenue$12.9B▲ 9.0%

EBITDA$6.1B▲ 22.0%

Net Profit$1.8B▲ 67.1%

Cash from Ops (CFO)$5.2B▲ 14.8%

Free Cash Flow (FCF)$-2.8B▲ 88.4%

Revenue CAGR 3Y-2.0%

Revenue CAGR 5Y-

Net Profit CAGR 3Y17.4%

Net Profit CAGR 5Y-

Historical Growth

Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)

Year	Revenue	EBITDA	Net Profit	FCF	ROE	Rev Growth 1Y	NP Growth 1Y
2025	$12.9B	$6.1B	$1.8B	$-2.8B	10.5%	9.0%	67.1%
2024	$11.9B	$5.0B	$1.1B	$-1.5B	7.0%	-2.2%	-55.1%
2023	$12.1B	$4.9B	$2.4B	$-452M	16.2%	-11.7%	115.3%
2022	$13.8B	$4.2B	$1.1B	$-2.8B	8.5%	-	-
2021	-	-

Financial Statements

Income statement, balance sheet, and cash flow as reported

Consolidated Figures in USD Millions.

Metric	2021	2022	2023	2024	2025
Total Revenue	-	13,764.24	12,147.41	11,879.65	12,946.69
Operating Revenue	-	13,420.76	12,022.94	11,805.80	12,887.92
Cost Of Revenue	-	8,488.89	6,817.98	6,141.37	6,768.93
Gross Profit	-	5,275.35	5,329.44	5,738.29	6,177.76
Operating Expense	-	3,388.04	2,668.78	2,980.06	2,962.69
Total Expenses	-	11,876.93	9,486.76	9,121.43	9,731.61
Operating Income	-	1,887.31	2,660.65	2,758.22	3,215.07
Total Operating Income As Reported	-	2,050.78	2,617.98	2,651.09	3,202.28
EBITDA	-	4,236.35	4,922.66	5,036.59	6,145.07
Normalized EBITDA	-	4,000.05	4,866.85	5,010.68	5,977.14
EBIT	-	2,045.98	2,678.18	2,593.03	3,607.93
Interest Income	430.47	-	162.73	298.86	317.35
Interest Expense	-	987.82	1,006.41	1,150.82	1,336.65
Net Interest Income	-	-987.82	-843.68	-851.96	-1,019.30
Other Non Operating Income Expenses	-	-77.63	-201.01	-489.97	-92.42
Other Income Expense	-	158.67	-145.20	-464.06	75.51
Interest Income Non Operating	430.47	-	162.73	298.86	317.35
Interest Expense Non Operating	-	987.82	1,006.41	1,150.82	1,336.65
Net Non Operating Interest Income Expense	-	-987.82	-843.68	-851.96	-1,019.30
Pretax Income	-	1,058.16	1,671.78	1,442.21	2,271.28
Tax Provision	-	-38.98	-690.54	381.03	497.95
Tax Rate For Calcs	-	0	0	0	0
Tax Effect Of Unusual Items	-	49.62	11.72	6.84	36.78
Net Income Continuous Operations	-	1,097.14	2,362.31	1,061.18	1,773.33
Net Income From Continuing And Discontinued Operation	-	1,097.14	2,362.31	1,061.18	1,773.33
Net Income From Continuing Operation Net Minority Interest	-	1,097.14	2,362.31	1,061.18	1,773.33
Net Income	-	1,097.14	2,362.31	1,061.18	1,773.33
Net Income Common Stockholders	-	1,103.17	2,356.54	1,055.59	1,758.27
Net Income Including Noncontrolling Interests	-	1,097.14	2,362.31	1,061.18	1,773.33
Normalized Income	-	910.46	2,318.22	1,042.11	1,642.17
Diluted NI Availto Com Stockholders	-	1,103.17	2,356.54	1,055.59	1,758.27
Basic Average Shares	-	408.90	423.14	427.71	442.03
Diluted Average Shares	-	411.10	424.75	431.58	450.15
Reconciled Depreciation	-	2,190.37	2,244.48	2,443.56	2,537.14
Reconciled Cost Of Revenue	-	8,059.54	6,418.50	5,710.97	6,309.48
Total Unusual Items	-	236.30	55.81	25.91	167.93
Total Unusual Items Excluding Goodwill	-	236.30	55.81	25.91	167.93
Preferred Stock Dividends	-	-6.03	5.77	5.59	15.06
Special Income Charges	-	236.30	55.81	25.91	167.93
Other Special Charges	-	-72.83	-98.49	-133.05	-180.73
Write Off	-	-163.46	42.68	107.13	12.80
Depreciation Amortization Depletion Income Statement	-	1,761.02	1,845	2,013.17	2,077.69
Depreciation And Amortization In Income Statement	-	1,761.02	1,845	2,013.17	2,077.69
Other Operating Expenses	-	893.48	68.20	213.95	66.33
Other Taxes	-	733.54	755.57	752.95	818.66

Peer Comparison

Utilities sector peers, ranked by market cap

Company	Ticker	Market Cap	P/E	P/B	ROE	EV/EBITDA
Entergy Corporationthis co.	ETR	$50.0B	28.22↑ premium	2.96	10.5%	12.86
Sempra	SRE	$59.1B	32.15	1.87	5.8%	17.87
Dominion Energy, Inc.	D	$58.5B	19.51	2.08	10.7%	12.89
Vistra Corp.	VST	$51.8B	54.90	19.77	36.0%	14.07
Xcel Energy Inc.	XEL	$48.5B	24.06

Learn while you research

Hand-picked academy chapters to deepen your understanding of Entergy Corporation and the metrics that matter.

01 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read 02 Leverage Ratios

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Year

Revenue

EBITDA

Net Profit

FCF

ROE

Rev Growth 1Y

NP Growth 1Y

2025

$12.9B

$6.1B

$1.8B

$-2.8B

10.5%

9.0%

67.1%

2024

$11.9B

$5.0B

$1.1B

$-1.5B

7.0%

-2.2%

-55.1%

2023

$12.1B

$4.9B

$2.4B

$-452M

16.2%

-11.7%

115.3%

2022

$13.8B

$4.2B

$1.1B

$-2.8B

8.5%

2021

Metric

2021

2022

2023

2024

2025

Total Revenue

13,764.24

12,147.41

11,879.65

12,946.69

Operating Revenue

13,420.76

12,022.94

11,805.80

12,887.92

Cost Of Revenue

8,488.89

6,817.98

6,141.37

6,768.93

Gross Profit

5,275.35

5,329.44

5,738.29

6,177.76

Operating Expense

3,388.04

2,668.78

2,980.06

2,962.69

Total Expenses

11,876.93

9,486.76

9,121.43

9,731.61

Operating Income

1,887.31

2,660.65

2,758.22

3,215.07

Total Operating Income As Reported

2,050.78

2,617.98

2,651.09

3,202.28

EBITDA

4,236.35

4,922.66

5,036.59

6,145.07

Normalized EBITDA

4,000.05

4,866.85

5,010.68

5,977.14

EBIT

2,045.98

2,678.18

2,593.03

3,607.93

Interest Income

430.47

162.73

298.86

317.35

Interest Expense

987.82

1,006.41

1,150.82

1,336.65

Net Interest Income

-987.82

-843.68

-851.96

-1,019.30

Other Non Operating Income Expenses

-77.63

-201.01

-489.97

-92.42

Other Income Expense

158.67

-145.20

-464.06

75.51

Interest Income Non Operating

430.47

162.73

298.86

317.35

Interest Expense Non Operating

987.82

1,006.41

1,150.82

1,336.65

Net Non Operating Interest Income Expense

-987.82

-843.68

-851.96

-1,019.30

Pretax Income

1,058.16

1,671.78

1,442.21

2,271.28

Tax Provision

-38.98

-690.54

381.03

497.95

Tax Rate For Calcs

Tax Effect Of Unusual Items

49.62

11.72

6.84

36.78

Net Income Continuous Operations

1,097.14

2,362.31

1,061.18

1,773.33

Net Income From Continuing And Discontinued Operation

1,097.14

2,362.31

1,061.18

1,773.33

Net Income From Continuing Operation Net Minority Interest

1,097.14

2,362.31

1,061.18

1,773.33

Net Income

1,097.14

2,362.31

1,061.18

1,773.33

Net Income Common Stockholders

1,103.17

2,356.54

1,055.59

1,758.27

Net Income Including Noncontrolling Interests

1,097.14

2,362.31

1,061.18

1,773.33

Normalized Income

910.46

2,318.22

1,042.11

1,642.17

Diluted NI Availto Com Stockholders

1,103.17

2,356.54

1,055.59

1,758.27

Basic Average Shares

408.90

423.14

427.71

442.03

Diluted Average Shares

411.10

424.75

431.58

450.15

Reconciled Depreciation

2,190.37

2,244.48

2,443.56

2,537.14

Reconciled Cost Of Revenue

8,059.54

6,418.50

5,710.97

6,309.48

Total Unusual Items

236.30

55.81

25.91

167.93

Total Unusual Items Excluding Goodwill

236.30

55.81

25.91

167.93

Preferred Stock Dividends

-6.03

5.77

5.59

15.06

Special Income Charges

236.30

55.81

25.91

167.93

Other Special Charges

-72.83

-98.49

-133.05

-180.73

Write Off

-163.46

42.68

107.13

12.80

Depreciation Amortization Depletion Income Statement

1,761.02

1,845

2,013.17

2,077.69

Depreciation And Amortization In Income Statement

1,761.02

1,845

2,013.17

2,077.69

Other Operating Expenses

893.48

68.20

213.95

66.33

Other Taxes

733.54

755.57

752.95

818.66

Company

Ticker

Market Cap

P/E

P/B

ROE

EV/EBITDA

Entergy Corporationthis co.

ETR

$50.0B

28.22↑ premium

2.96

10.5%

12.86

Sempra

SRE

$59.1B

32.15

1.87

5.8%

17.87

Dominion Energy, Inc.

$58.5B

19.51

2.08

10.7%

12.89

Vistra Corp.

VST

$51.8B

54.90

19.77

36.0%

14.07

Xcel Energy Inc.

XEL

$48.5B

24.06

Entergy Corporation

Valuation

Profitability

Returns

Solvency

Historical Performance Charts

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Historical Growth

Financial Statements

Peer Comparison

Entergy Corporation

Valuation

Profitability

Returns

Solvency

Historical Performance Charts

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Historical Growth

Financial Statements

Peer Comparison

Key concepts to brush up on