— Know what they know.
/
Not Investment Advice

ETR

NYSE · USD
Entergy Corporation
Utilities · Regulated Electric
CEO Drew Marsh Employees 12,233 R&D / revenue 0.0%
Last price
$105.11+1.11%last session
Market cap
$50.2B
P/E (TTM)
26.5x
From 52w high
−11.3%
From 52w low
+15.7%
1-year return
+10.2%
RSI 14 · vs SMA200
58.6 · −1.5%
IS score
37.0/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

ETR   SPY   XLU (sector ETF) · weekly closes
90100110120Jan 26Apr 26Jul 26Oct 26SPY 116ETR 110XLU 92

Score DNA

Each bar is a 0-100 score within the scored universe
45
Profitability
49
Growth
49
Value
78
Momentum
15
Risk (safety)
63
Quality
27
Balance sheet
76
Earnings quality

Flags

Strengths
✓ Insider buying
Warnings
▲ Altman distress zone▲ Negative free cash flow▲ Share count rising
Observations
Moat model: None, Cost AdvantagePiotroski 6 / 9Altman Z 1.1Beta 0.483 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
1
$0.11M bought
Form 144 notices (12m): 17, $12.6M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+50
141 new holders, 76 closed
1,333 filers hold 100.2% · 557 added, 415 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+415
1,162 funds adding shares
747 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
34.5%
20-day avg 42.8%, 50-day avg 43.5%
Latest 8.3 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$12.9B
Revenue growth YoY+9.0%
Gross margin29.9%
Operating income$3.1B
Operating margin23.6%
Net income$1.8B
Net margin13.7%
EPS (diluted)$3.91
Cash flow
Operating cash flow$5.2B
Capital expenditure$7.9B
Free cash flow−$2.8B
FCF conversion (FCF / OCF)-54.2%
Stock-based compensation$0
FCF less SBC−$2.8B
Buybacks$0
Dividends$1.1B
Balance sheet & returns
Cash & short-term investments$1.9B
Total debt$30.9B
Net debt$29.0B
Shareholders' equity$17.3B
Goodwill & intangibles$367.6M
Debt / equity1.88
ROE (TTM)10.4%
ROIC (TTM)3.2%
Operating margin by fiscal year
15.7%FY202114.9%FY202221.6%FY202322.3%FY202424.1%FY2025
Revenue $11.7B (FY2021) to $12.9B (FY2025), a 2.5% CAGR.

Valuation

P/E (TTM)26.5x
EV / EBITDA14.2x
Price / sales3.72x
Price / FCFn/m
FCF yield-6.27%
Buyback yield0.00%
SBC / revenue-0.2%
Price / book2.61x
Forward P/E FY202623.9x
Forward P/E FY202720.6x
Forward P/E FY202818.1x
Forward multiples divide today's price by Street EPS estimates. Street mean target $116.83 across 6 analysts last quarter is theirs, not ours.

ETR vs industry median

139 companies in Regulated Electric
Gross margin 38.9% 39.0% Operating margin 22.2% 19.1% Net margin 13.5% 13.0% ROIC 3.2% 5.7%
ETR (TTM)Industry median Asset turnover 0.17 vs industry 0.24 · financial leverage 4.28

Earnings delivery

Next report 2026-11-04 · consensus EPS $1.67
83%
beat rate, 10 of 12 quarters
+5.2%
median EPS surprise
6
longest beat streak
+8+6-24+9+1+4+19+15+7-2+2+2
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-01 to 2026-07-29. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
ETR Entergy Corporation $50.2B26.5x10.4%13.5%+9.0% +10.2%
XEL Xcel Energy Inc. $47.7B20.8x9.9%18.8%+4.7% −5.9%
ELC Entergy Louisiana, LLC COLLA $45.8B4.6x12.6%13.7%+9.5% −13.9%
D Dominion Energy, Inc. $55.9B22.0x9.1%7.5%+20.3% +6.1%
EXC Exelon Corporation $44.8B15.9x9.7%6.6%+6.6% −4.8%
ED Consolidated Edison, Inc. $41.4B18.3x9.0%7.6%+9.5% —
EXCVV Exelon Corporation $41.1B3.8x9.9%11.0%+5.3% —
AEP American Electric Power Comp $69.2B21.8x10.1%13.1%+7.7% —
12-month window: SPY +15.9%, sector ETF XLU −8.1%. Past returns describe history only.

Recent 8-K filings

2026-09-02Other Events
2026-08-07Other Events; Exhibits
2026-06-23Other Events
2026-05-12Shareholder Vote
2026-02-20Other Events; Financial Statements and Exhibits
2025-12-11Entry into Material Definitive Agreement; Creation of Direct Financial Obligation; Other Events; Financial Statements and Exhibits

Context

Shares outstanding477,777,000
Free float97.2%
Institutional ownership100.2%
Beta0.48
Dividend yield2.44%
Last dividend$0.64 on 2026-08-13
50 / 200-day average$104.39 / $106.74
Large-cap Utilities median P/E20.7x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (None).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where ETR sits among 45 scored companies in Regulated Electric (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureETRIndustry medianIndustry percentileSector median
P/E (TTM) 27.6x 19.6x
98th		 20.7x
PEG (P/E ÷ 3-yr EPS CAGR) 4.06 1.94
84th		 2.20
Price / sales 3.7x 2.4x
93rd		 2.4x
Price / book 2.7x 1.8x
95th		 1.9x
Price / tangible book 3.0x 2.0x
86th		 2.1x
Price / free cash flow —
Price / operating cash flow 8.3x 9.1x
44th		 9.2x
Enterprise value $81.0B $51.2B
73rd		 $25.7B
EV / sales 6.0x 3.9x
93rd		 4.5x
EV / EBITDA 13.8x 11.6x
86th		 11.9x
EV / EBIT 24.1x 19.5x
89th		 19.6x
EV / free cash flow —
Earnings yield 3.6% 5.1%
2nd		 4.8%
FCF yield -6.3% -1.8%
34th		 -4.2%
Operating cash flow yield 12.1% 10.7%
58th		 10.3%
Graham number (per share) $58.90 $56.02
64th		 $48.77

Profitability (TTM)

MeasureETRIndustry medianIndustry percentileSector median
Gross margin 38.9% 43.4%
27th		 43.4%
EBITDA margin 43.4% 40.2%
66th		 38.7%
Operating margin 22.2% 22.2%
52nd		 20.9%
EBIT margin 24.9% 23.8%
59th		 23.2%
Net margin 13.5% 13.5%
52nd		 12.4%
NOPAT margin 17.6% 19.3%
41st		 18.1%
FCF margin -23.3% -5.6%
9th		 -7.6%
Operating cash flow margin 45.1% 29.1%
95th		 28.3%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 5.0% 3.8%
56th		 4.2%
Stock comp / revenue —
Effective tax rate 20.9% 13.7%
77th		 18.4%

Returns on capital

MeasureETRIndustry medianIndustry percentileSector median
ROE (on average equity) 10.5% 10.5%
50th		 9.5%
ROA 2.5% 2.7%
30th		 2.6%
ROIC 4.8% 5.5%
20th		 5.5%
ROCE 4.8% 5.3%
32nd		 5.1%
Return on tangible assets 4.6% 4.9%
30th		 4.7%
Cash ROIC (OCF / invested capital) 12.3% 8.6%
89th		 8.0%
Gross profitability (GP / assets) 6.6% 9.1%
9th		 8.6%
ROIC, 3-yr average 4.0% 4.4%
41st		 4.2%
ROIC, 5-yr average 4.3% 4.3%
49th		 4.2%
ROE, 5-yr average 10.8% 10.7%
51st		 9.1%
Incremental ROIC 15.1% 21.9%
30th		 20.6%

Growth

MeasureETRIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 9.5% 8.0%
57th		 7.2%
Revenue growth (QoQ) 10.5% -16.9%
86th		 -16.9%
Revenue CAGR, 3 yr 0.4% 2.8%
18th		 3.0%
Revenue CAGR, 5 yr 4.3% 5.6%
14th		 6.3%
Gross profit CAGR, 3 yr 0.1% 8.0%
14th		 7.9%
Operating income CAGR, 3 yr 4.5% 10.5%
27th		 9.4%
Net income growth (TTM YoY) 3.0% 8.5%
43rd		 8.6%
Net income CAGR, 3 yr 10.2% 9.5%
55th		 8.8%
EPS growth (TTM YoY) -1.6% 2.3%
36th		 4.2%
EPS CAGR, 3 yr 6.8% 6.6%
52nd		 6.6%
EPS CAGR, 5 yr 4.5% 4.1%
60th		 4.0%
FCF growth (TTM YoY) —
FCF CAGR, 3 yr —
Operating cash flow CAGR, 3 yr 19.1% 17.7%
58th		 12.7%
Book value CAGR, 3 yr 8.2% 4.8%
91st		 4.7%
Dividend CAGR, 3 yr 0.7% 0.3%
60th		 0.3%
Sustainable growth rate 3.8% 3.8%
50th		 3.7%

Margin history & stability

MeasureETRIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 44.5% 44.0%
55th		 42.6%
Operating margin, 3-yr average 22.7% 21.9%
64th		 20.0%
Net margin, 3-yr average 14.2% 13.0%
55th		 12.5%
FCF margin, 3-yr average -16.6% -4.3%
14th		 -7.9%
Revenue stability (0-1) 0.49 0.75
18th		 0.75
Earnings stability (0-1) 0.84 0.43
91st		 0.51
Margin stability (0-1) 0.90 0.83
77th		 0.84

Liquidity (latest quarter)

MeasureETRIndustry medianIndustry percentileSector median
Cash & short-term investments $3.9B $241.0M
98th		 $215.5M
Net cash (− = net debt) −$30.8B −$24.6B
30th		 −$12.1B
Working capital −$1.1B −$794.4M
45th		 −$284.5M
Current ratio 0.88 0.80
61st		 0.82
Quick ratio 0.66 0.66
50th		 0.69
Cash ratio (cash + ST investments / current liabilities) 0.43 0.07
93rd		 0.08
Defensive interval (days) 903 days 286 days
90th		 314 days

Leverage & solvency (latest quarter)

MeasureETRIndustry medianIndustry percentileSector median
Total debt $34.6B $25.1B
68th		 $12.5B
Debt / equity 1.88 1.68
59th		 1.61
Net debt / equity 1.67 1.67
50th		 1.60
Debt / assets 43.8% 44.6%
43rd		 43.4%
Debt / capital 65.2% 62.7%
59th		 61.8%
Debt / EBITDA 5.92 5.59
61st		 5.59
Net debt / EBITDA 5.26 5.54
41st		 5.53
Interest coverage (EBIT / interest) 2.3x 2.4x
27th		 2.4x
Cash interest coverage 4.1x 3.1x
84th		 3.0x
Debt payback (years of OCF) 5.7 yrs 7.5 yrs
19th		 7.5 yrs
Liabilities / assets 76.5% 73.0%
82nd		 70.8%
IS credit model rating B — —
Implied credit spread (bps) 750 750
34th		 750

Efficiency

MeasureETRIndustry medianIndustry percentileSector median
Asset turnover 0.18 0.21
25th		 0.20
Fixed asset turnover 0.24 0.27
26th		 0.27
Inventory turnover 4.4 6.7
27th		 8.7
Receivables turnover 9.3 8.7
66th		 8.4
Days sales outstanding 39 days 41 days
35th		 43 days
Days inventory outstanding 82 days 54 days
74th		 42 days
Days payables outstanding 107 days 77 days
79th		 75 days
Cash conversion cycle (days) 14 days 15 days
49th		 14 days
Capex / revenue 68.4% 33.3%
98th		 35.1%
Capex / depreciation 3.70 2.35
90th		 2.40
Operating expense ratio 6.1% 30.3%
14th		 30.7%

Cash flow & earnings quality

MeasureETRIndustry medianIndustry percentileSector median
Operating cash flow / net income 3.34 2.19
93rd		 2.20
FCF / net income −1.73 −0.32
18th		 −0.74
FCF / operating cash flow -51.8% -20.3%
34th		 -33.3%
Capex / operating cash flow 151.8% 120.3%
66th		 133.3%
Accruals ratio -5.8% -3.3%
5th		 -3.2%
Sloan accruals ratio -2.8% -3.7%
73rd		 -3.7%
Earnings quality score (0-1) 0.75 1.00
7th		 1.00

Dividends & buybacks

MeasureETRIndustry medianIndustry percentileSector median
Dividend yield 2.4% 3.3%
11th		 3.3%
Dividend per share (TTM) $2.56 $2.56
50th		 $1.87
Payout ratio (dividends / net income) 63.9% 65.4%
39th		 63.9%
Dividends / FCF —
Dividend growth (YoY) 7.3% 3.9%
80th		 3.9%
Buyback yield 0.0% 0.0%
0th		 0.0%
Shareholder yield (dividends + buybacks) 2.3% 3.3%
14th		 3.3%
Share count change (YoY) 4.6% 2.2%
86th		 2.5%
Buybacks, last 5 years $0 $0
0th		 $0

Scores & forensic checks

MeasureETRIndustry medianIndustry percentileSector median
IS score 37 42
30th		 40
IS profitability 45 50
45th		 44
IS growth 49 49
48th		 50
IS value 49 58
0th		 56
IS momentum 78 77
52nd		 78
IS risk (safety) 15 15
0th		 15
IS quality 63 66
32nd		 64
IS balance sheet 27 25
66th		 28
IS earnings quality 76 79
27th		 79
IS cash flow 35 35
20th		 35
Piotroski F-score (0-9) 6 6
32nd		 6
Altman Z-score 1.1 0.8
75th		 0.9
Beneish M-score −2.39 −2.60
77th		 −2.64
Ohlson O-score −7.06 −7.06
50th		 −7.04
IS credit score 28 27
52nd		 29

Per share

MeasureETRIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $3.90 $3.90
50th		 $3.13
Book value per share $39.56 $34.68
61st		 $32.52
Tangible book per share $39.61 $34.58
68th		 $32.45
Revenue per share $28.91 $27.50
57th		 $24.86
FCF per share −$6.75 −$1.01
16th		 −$1.64
Operating cash flow per share $13.03 $8.38
77th		 $7.00
Cash per share $8.27 $0.80
95th		 $0.83

Size (TTM)

MeasureETRIndustry medianIndustry percentileSector median
Market cap $50.2B $21.5B
86th		 $8.5B
Revenue $13.5B $12.5B
52nd		 $5.4B
EBITDA $5.9B $4.3B
68th		 $2.7B
Net income $1.8B $1.3B
66th		 $559.7M
Free cash flow −$3.1B −$189.0M
7th		 −$190.6M
Total assets $79.0B $56.2B
68th		 $34.0B
Shareholders' equity $18.4B $12.5B
70th		 $5.1B
Employees 12,233 9,950
64th		 5,870

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-05Borde David C
other: "Officer" under Sec. 16 Rules
 — 984$54.80$53,9230
2026-10-05Borde David C
other: "Officer" under Sec. 16 Rules
 — 5,012$54.24$271,8510
2026-10-05Borde David C
other: "Officer" under Sec. 16 Rules
 — 7,138$49.54$353,6170
2026-10-05Borde David C
other: "Officer" under Sec. 16 Rules
 — 3,356$82.79$277,8430
2026-10-05Borde David C
other: "Officer" under Sec. 16 Rules
 — 2,790$96.03$267,9240
2026-09-14Viamontes Eliecer
other: "Officer" Under Sec. 16 Rules
 Option exercise 2,616$54.24$141,89214,076
2026-09-14Viamontes Eliecer
other: "Officer" Under Sec. 16 Rules
 Option exercise 2,824$49.54$139,90116,900
2026-09-14Viamontes Eliecer
other: "Officer" Under Sec. 16 Rules
 Option exercise 1,488$82.79$123,19218,388
2026-09-14Viamontes Eliecer
other: "Officer" Under Sec. 16 Rules
 Open-market sale 9,068$103.93$942,4379,320
2026-09-14Viamontes Eliecer
other: "Officer" Under Sec. 16 Rules
 Option exercise 2,824$49.54$139,9012,824
2026-09-14Viamontes Eliecer
other: "Officer" Under Sec. 16 Rules
 Option exercise 2,616$54.24$141,8920
2026-09-14Viamontes Eliecer
other: "Officer" Under Sec. 16 Rules
 Option exercise 1,488$82.79$123,1922,976

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarMayJunJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired3520,879—
Open-market buyAcquired11,000$106,075
Open-market saleDisposed539,753$4.3M
Option exerciseAcquired827,013$1.5M
Option exerciseDisposed827,013$1.5M
—Disposed819,280$1.2M
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 17 notices · 121,345 shares · $12.6M
FiledFilerShares proposedEst. proceeds
2026-09-14Viamontes Eliecer9,069$942,435
2026-09-10Landreaux Laura R5,600$594,720
2026-07-30Chapman Jason9,447$1.0M
2026-06-25Cook-Nelson Kimberly5,000$575,000
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 1 trades (0 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-01-29Ro KhannaHouseSale$1,001 - $15,0002026-02-10
2024-09-04John JamesHouseSale (Full)$1,001 - $15,0002024-09-06
2023-11-10John JamesHousePurchase$1,001 - $15,0002024-09-02
2023-09-08Lois FrankelHouseSale$1,001 - $15,0002023-10-10
2017-06-15Patty MurraySenateSale (Full)$1,001 - $15,0002017-06-22
2017-06-15Patty MurraySenateSale (Full)$1,001 - $15,0002017-06-21
2017-03-16Patty MurraySenatePurchase$1,001 - $15,0002017-03-21
2017-03-16Patty MurraySenatePurchase$1,001 - $15,0002017-03-20
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.42,324,362$4.9B8.86%
VANGUARD CAPITAL MANAGEMENT LLC30,538,725$3.5B6.39%
VANGUARD PORTFOLIO MANAGEMENT LLC26,857,755$3.1B5.62%
STATE STREET CORP25,587,118$2.9B5.36%
JPMORGAN CHASE & CO24,593,430$2.9B5.15%
BANK OF AMERICA CORP /DE/17,339,974$2.0B3.63%
AMERIPRISE FINANCIAL INC14,077,782$1.6B2.95%
FMR LLC13,241,867$1.5B2.77%
GEODE CAPITAL MANAGEMENT, LLC12,156,825$1.4B2.54%
FRANKLIN RESOURCES INC9,451,550$1.1B1.98%
Clearbridge Investments, LLC6,983,959$802.2M1.46%
Invesco Ltd.6,088,466$699.3M1.27%
MORGAN STANLEY6,017,999$691.2M1.26%
BARROW HANLEY MEWHINNEY & STRAUSS LLC5,513,999$633.3M1.15%
NORGES BANK5,260,607$604.2M1.10%

Institutional ownership by quarter

2023-092026-06100.2%
% of shares held by 13F filers
2023-092026-061,333
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,333100.2%14155741576
2026-03-311,28394.2%17649340387
2025-12-311,21993.9%16847436389
2025-09-301,16091.2%13345636798
2025-06-301,15192.0%106453399116
2025-03-311,17693.1%20040038989
2024-12-311,08588.5%2238114780
2024-09-3096088.5%13337131075
2024-06-3091085.0%11338626074
2024-03-3188982.2%12235527767
2023-12-3184582.1%13231127749
2023-09-3077479.9%9332723172

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-10-13SCHEDULE 13G/AJPMORGAN CHASE & CO.4.4%20,839,207
2026-04-29SCHEDULE 13GVanguard Capital Management7.5%34,180,410
2026-03-26SCHEDULE 13G/AThe Vanguard Group0.0%0
2026-01-21SCHEDULE 13GJPMORGAN CHASE & CO.5.0%22,416,149
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.06%$1.5B
VTSAX0.06%$1.5B
VTI0.06%$1.5B
VSMPX0.06%$1.5B
VFIAX0.07%$1.2B
VFFSX0.07%$1.2B

Share structure

Shares outstanding477,777,000
Float464,498,992
Free float97.2%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$11.7B$13.8B$12.1B$11.9B$12.9B
Cost of revenue$6.9B$8.5B$6.8B$6.1B$9.1B
Gross profit$4.9B$5.3B$5.3B$5.7B$3.9B
R&D$0$0$0$0$0
SG&A$0$0$0$0$0
Operating income$1.8B$2.1B$2.6B$2.7B$3.1B
EBITDA$4.4B$4.2B$4.9B$5.0B$6.1B
Pretax income$1.3B$1.1B$1.7B$1.4B$2.3B
Income tax$191.4M−$39.0M−$690.5M$381.0M$498.0M
Net income$1.1B$1.1B$2.4B$1.1B$1.8B
EPS, diluted$2.77$2.69$5.55$2.45$3.91
Diluted shares403.7M411.1M424.8M431.6M450.2M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$442.6M$224.2M$132.5M$859.7M$1.9B
Receivables$1.4B$1.5B$1.4B$1.4B$1.5B
Inventory$1.2B$1.3B$1.6B$1.8B$1.8B
Total current assets$3.6B$4.1B$3.7B$4.4B$5.7B
PP&E, net$42.6B$42.8B$44.3B$47.8B$52.9B
Goodwill & intangibles$377.2M$377.2M$374.1M$367.6M$367.6M
Total assets$59.5B$58.6B$59.7B$64.8B$71.9B
Accounts payable$2.6B$1.8B$1.6B$1.9B$2.6B
Total current liabilities$6.2B$6.4B$6.4B$6.1B$7.8B
Long-term debt$24.8B$23.6B$23.0B$26.6B$27.9B
Total liabilities$47.8B$45.5B$45.0B$49.6B$54.6B
Shareholders' equity$11.7B$13.1B$14.7B$15.2B$17.3B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$1.1B$1.1B$2.4B$1.1B$1.8B
Depreciation & amortization$2.2B$2.2B$2.2B$2.4B$2.5B
Stock-based compensation$45.3M$45.4M$0$0$0
Change in working capital−$348.2M−$1.7B$352.7M$236.2M−$188.1M
Operating cash flow$2.3B$2.6B$4.3B$4.5B$5.2B
Capital expenditure−$6.4B−$5.3B−$4.7B−$6.0B−$7.9B
Free cash flow−$4.1B−$2.7B−$417.3M−$1.5B−$2.8B
Investing cash flow−$6.2B−$5.7B−$4.6B−$5.8B−$7.1B
Net debt issued / repaid$3.1B−$349.6M−$551.9M$2.6B$2.0B
Buybacks$0$0$0$0$0
Dividends paid−$793.4M−$860.0M−$936.5M−$1,000.0M−$1.1B

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin41.5%38.3%43.9%48.3%38.8%
Operating margin15.7%14.9%21.6%22.3%24.1%
Net margin9.6%7.9%19.4%8.9%13.7%
FCF margin-33.7%-20.4%-3.4%-12.5%-21.2%
ROE10.0%8.9%17.1%7.1%11.0%
ROIC4.1%5.4%9.1%4.5%5.3%
ROA1.9%1.9%4.0%1.7%2.6%
Debt / equity2.332.061.791.911.80
Interest coverage2.6x2.1x2.7x2.3x2.7x
Current ratio0.590.640.570.720.73
Revenue growth+16.1%+17.2%−11.7%−2.2%+9.0%
EPS growth−20.0%−6.4%+112.3%−56.4%+59.6%
P/E at year end17.4x19.3x8.5x30.5x23.9x
EV / EBITDA at year end10.6x11.2x9.4x12.0x11.6x
FCF yield at year end-20.04%-13.34%-2.07%-4.59%-6.48%
Dividend payout68.9%78.7%39.6%94.3%61.7%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Residential$4.0B$4.6B$4.6B$4.5B$4.8B
Industrial$2.9B$3.7B$3.2B$3.2B$3.6B
Commercial$2.6B$3.1B$3.0B$3.0B$3.1B
Sales for Resale$601.9M$858.7M$366.3M$278.7M$434.4M
Other Electric$375.3M$481.3M$352.1M$360.9M$518.7M
Governmental$245.7M$286.6M$270.6M$268.2M$276.1M
Natural Gas, US Regulated$170.6M$233.9M$180.5M$178.1M$112.6M
Product and Service, Other———$73.9M$58.8M
Electricity, US Regulated———$60.1M—

Street estimates by fiscal year

Next report 2026-11-04 · consensus EPS $1.67 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$14.0B$13.5B – $14.1B$4.40$4.31 – $4.431323.9x
2027$15.3B$14.7B – $15.9B$5.11$4.86 – $5.201420.6x
2028$16.8B$15.7B – $18.2B$5.80$5.76 – $5.87818.1x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-07-29$1.01$1.03+2.0%$3.5B$3.5B+0.9%
2026-04-29$0.84$0.86+2.4%$2.9B$3.2B+10.3%
2026-02-12$0.52$0.51−2.3%$2.8B$3.0B+6.5%
2025-10-29$1.43$1.53+7.0%$3.7B$3.8B+2.4%
2025-07-30$0.91$1.05+15.4%$3.1B$3.3B+7.2%
2025-04-29$0.69$0.82+19.0%$3.0B$2.8B−5.9%
2025-02-18$0.64$0.66+3.9%$3.2B$2.7B−14.0%
2024-10-31$1.48$1.50+1.4%$3.7B$3.4B−8.1%
2024-08-01$0.88$0.96+9.1%$3.1B$3.0B−3.6%
2024-04-24$0.71$0.54−24.3%$3.2B$2.8B−11.6%
2024-02-22$0.24$0.26+6.4%$4.0B$2.7B−31.3%
2023-11-01$1.51$1.63+7.9%$4.3B$3.6B−16.5%
2023-08-02$0.84$0.92+9.7%$3.4B$2.8B−16.5%
2023-04-26$0.67$0.57−14.4%$3.4B$3.0B−12.5%
2023-02-16$0.23$0.25+6.9%$2.2B$3.3B+45.6%
2022-11-02$2.64$1.42−46.2%$3.4B$4.2B+24.8%
2022-08-03$1.37$0.89−35.0%$2.8B$3.4B+19.4%
2022-04-27$1.34$0.66−50.7%$2.8B$2.9B+3.6%
2022-02-23$0.73$0.38−47.7%$2.3B$2.7B+17.1%
2021-11-03$1.25$1.23−1.6%$3.4B$3.4B−2.0%
2021-08-04$0.70$0.67−4.3%$2.6B$2.8B+10.2%
2021-04-28$0.60$0.74+23.3%$2.5B$2.8B+13.7%
2021-02-24$0.34$0.35+2.9%$2.2B$2.4B+6.3%
2020-10-28$1.21$1.22+0.8%$2.8B$2.9B+2.1%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.306-150.406-220.306-290.307-060.307-130.307-200.507-270.308-030.308-100.208-170.208-240.408-31
Week ofNotionalSharesTrades
2026-08-31$369.1M3,446,06667,828
2026-08-24$197.6M1,859,36647,565
2026-08-17$217.6M2,023,03063,522
2026-08-10$255.0M2,388,09058,525
2026-08-03$309.1M2,875,31970,339
2026-07-27$509.4M4,609,12794,839

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1534.5%
DateShort shareShort volumeTotal volume
2026-10-1534.5%442,5521,283,747
2026-10-1433.9%337,932998,320
2026-10-1358.2%464,864798,756
2026-10-1258.8%341,594580,594
2026-10-0940.4%252,183624,392
2026-10-0840.3%465,0821,154,188
2026-10-0758.0%405,265698,495
2026-10-0663.0%571,317906,757
2026-10-0557.4%438,990765,245
2026-10-0255.0%462,494841,564
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
-0.5Jan-0.5Feb+2.0Mar+2.2Apr+1.6May-0.8Jun+1.3Jul+0.1Aug-1.1Sep+4.0Oct+1.8Nov+0.7Dec
MonthAvg returnUp yearsYears
Jan−0.5%40%20
Feb−0.5%40%20
Mar+2.0%67%21
Apr+2.2%65%20
May+1.6%65%20
Jun−0.8%40%20
Jul+1.3%55%20
Aug+0.1%55%20
Sep−1.1%60%20
Oct+4.0%75%20
Nov+1.8%65%20
Dec+0.7%55%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1458.6
MFI60.0
ADX17.7
Stochastic %K / %D87.1 / 90.3
Williams %R-9.4
CCI129
TSI / signal1.8 / -12.2
Chaikin money flow0.17
ATR$1.93
Bollinger width8.8%
Volume vs 20-day avg0.55x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$101.59 (+3.5%)
SMA 50$104.31 (+0.8%)
SMA 200$106.66 (−1.5%)
EMA 21$103.05 (+2.0%)
EMA 50$104.47 (+0.6%)
EMA 200$104.37 (+0.7%)
Bollinger upper$106.07 (−0.9%)
Bollinger lower$97.11 (+8.2%)
Parabolic SAR$100.98 (+4.1%)
Open the live chart, 110+ indicators

About Entergy Corporation

Entergy Corporation, headquartered in New Orleans, Louisiana, is a prominent American energy company primarily involved in generating and distributing electricity across the United States. Its operations are divided into two main divisions: Utility and Entergy Wholesale Commodities. The Utility division manages the end-to-end process of generating, transmitting, distributing, and selling electricity. This service covers specific regions of Arkansas, Louisiana, Mississippi, and Texas, including the metropolitan area of New Orleans, providing electricity to 3 million utility customers in these states. Additionally, this segment handles natural gas distribution. In contrast, the Entergy Wholesale Commodities division focuses on the ownership, operation, and decommissioning of nuclear power facilities. It also holds stakes in various non-nuclear power plants, selling their output to wholesale clients, and offers specialized services to other nuclear power plant operators. Entergy's electricity generation portfolio is diverse, utilizing natural gas, nuclear, coal, hydroelectric, and solar power. Collectively, its power plants boast an approximate generating capacity of 26,000 megawatts (MW), with 6,000 MW specifically from nuclear sources. Beyond its direct utility customers, Entergy also supplies energy to a range of wholesale clients, including other retail power providers, utility companies, electric power cooperatives, energy trading organizations, and fellow power generation firms. The company has a long history, established in 1913.

https://www.entergy.com

Key executives

NameTitlePayBorn
Andrew S. MarshChairman of the Board & Chief Executive Officer$4.2M1972
Kimberly A. FontanExecutive Vice President & Chief Financial Officer$1.9M1974
Kimberly S. Cook-NelsonExecutive Vice President & Chief Operating Officer$1.8M1973
John C. DinelliExecutive VP & Chief Nuclear Officer$1.3M1970
Daniel T. FalstadSenior VP, General Counsel & Corporate Secretary—1961
Jason ChapmanSenior Vice President and Chief Technology & Business Services Officer—1971
Liz HunterVice President of Investor Relations——
Michael RhymesChief Information Officer—1968

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Andrew S. Marsh Chair of the Board and CEO2025$1.3M$7.0M$2.6M$16.8M
Kimberly A. Fontan Executive Vice President and Chief Financial Officer2025$737,033$1.5M$1.0M$4.7M
Marcus V. Brown Executive Legal Advisor to the CEO2025$811,898$1.3M$976,802$4.4M
Kimberly Cook-Nelson Executive Vice President and Chief Operating Officer2025$720,749$1.1M$864,920$4.0M
John C. Dinelli Executive Vice President and Chief Nuclear Officer2025$560,711$1.1M$542,635$3.1M

Employees

14k201814k201913k202012k202112k202212k202312k202412k2025

Dividends

Ex-dateAmountPaid
2026-08-13$0.642026-09-01
2026-05-01$0.642026-06-01
2026-02-09$0.642026-03-02
2025-11-13$0.642025-12-01
2025-08-13$0.62025-09-02
2025-05-02$0.62025-06-02
2025-02-10$0.62025-03-03
2024-11-13$0.62024-12-02

Moat model

None · Cost Advantage · 2026-06-30
Cost advantage51
Intangibles18
Switching costs44
Network effect32
Efficient scale42
Our component scores (0-100) and overall 36.8; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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