Entergy Corporation (ETR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2026, filed May 1, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ETR SEC filings page.
Entergy Corporation (ETR) reported $13.3B in revenue over the twelve months to Mar 31, 2026, up 11.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Entergy’s earnings improved, but its business remains defined by heavy reinvestment, persistent cash shortfalls, and substantial financing.
The key quality signal is the gap between accounting earnings and cash generation. In FY2025, operating cash flow of$5.15B exceeded net income of$1.77B , showing profit converted into cash before investment demands. Capital spending of$7.68B then exceeded operating cash flow, leaving free cash flow at-$2.53B . This was not a one-year anomaly: free cash flow stayed negative from FY2022 through FY2025, indicating reinvestment routinely outran internally generated cash.
Leverage has moderated: debt-to-equity fell from 2.1x in FY2021 to 1.6x in FY2025 as equity expanded. However, the current ratio remained below 1.0x throughout, pointing to a capital-funded structure with limited short-term asset coverage.
Operating efficiency improved: operating margin rose from
Financial Health Signals
Scored against utilities for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Entergy Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Entergy Corporation has an operating margin of 24.7%, meaning the company retains $25 of operating profit per $100 of revenue. This results in a moderate score of 64/100, indicating healthy but not exceptional operating efficiency. This is up from 22.3% the prior year.
Entergy Corporation's revenue grew 9.0% year-over-year to $12.9B, a solid pace of expansion. This earns a growth score of 39/100.
Entergy Corporation has a moderate D/E ratio of 1.65. This balance of debt and equity financing earns a leverage score of 40/100.
Entergy Corporation's current ratio of 0.74 indicates adequate short-term liquidity, earning a score of 41/100. The company can meet its near-term obligations, though with limited headroom.
While Entergy Corporation generated $5.2B in operating cash flow, capex of $7.7B consumed most of it, leaving -$2.5B in free cash flow. This results in a low score of 42/100, reflecting heavy capital investment rather than weak cash generation.
Entergy Corporation's ROE of 10.5% shows moderate profitability relative to equity, earning a score of 54/100. This is up from 7.0% the prior year.
Entergy Corporation scores 1.08, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Entergy Corporation passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Entergy Corporation generates $2.90 in operating cash flow ($5.2B OCF vs $1.8B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Entergy Corporation earns $2.27 in operating income for every $1 of interest expense ($3.2B vs $1.4B). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Entergy Corporation generated $3.2B in revenue in Q1 2026. This represents an increase of 12.0% from the same quarter a year earlier. Against the prior quarter it is up 7.7%.
Entergy Corporation's EBITDA was $1.2B in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 7.7% from the same quarter a year earlier. Against the prior quarter it is up 4.5%.
Entergy Corporation reported $390.8M in net income in Q1 2026. This represents an increase of 7.8% from the same quarter a year earlier. Against the prior quarter it is up 62.5%.
Entergy Corporation earned $0.83 per diluted share (EPS) in Q1 2026. This represents an increase of 1.2% from the same quarter a year earlier. Against the prior quarter it is up 62.7%.
Cash & Balance Sheet
Entergy Corporation recorded an outflow of $1.4B in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents a decrease of 26.6% from the same quarter a year earlier. Against the prior quarter it is down 56.5%.
Entergy Corporation held $3.6B in cash against $31.2B in long-term debt as of Q1 2026.
Entergy Corporation paid $0.64 per share in dividends in Q1 2026. This represents an increase of 6.7% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Entergy Corporation's operating margin was 17.9% in Q1 2026, reflecting core business profitability. This is down 6.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.
Entergy Corporation's net profit margin was 12.3% in Q1 2026, showing the share of revenue converted to profit. This is down 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.1 percentage points.
Entergy Corporation's ROE was 2.3% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.8 percentage points.
Not reported for Q1 2026.
Capital Allocation
Entergy Corporation invested $2.3B in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 35.7% from the same quarter a year earlier. Against the prior quarter it is up 5.9%.
Not reported for Q1 2026.
Not reported for Q1 2026.
ETR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2B+12.0% | $3.0B+7.9% | $3.8B+12.5% | $3.3B+12.7% | $2.8B+1.9% | $2.7B+0.6% | $3.4B-5.7% | $3.0B+3.8% |
| Operating Income | $572.2M-18.3% | $545.7M-18.5% | $1.1B-0.6% | $837.4M+35.6% | $700.1M+194.2% | $669.6M+161.0% | $1.1B-1.5% | $617.6M-18.3% |
| EBITDA | $1.2B-7.7% | $1.1B-9.4% | $1.7B+1.3% | $1.4B+20.3% | $1.3B+60.4% | $1.2B+93.3% | $1.7B-0.9% | $1.2B-10.8% |
| Interest Expense | $399.9M+14.8% | $374.5M+10.7% | $347.0M+12.5% | $343.1M+18.5% | $348.4M+30.4% | $338.3M+33.0% | $308.5M+20.8% | $289.6M+15.4% |
| Income Tax | $87.8M-12.2% | $54.2M-51.1% | $205.3M-4.7% | $138.4M+311.5% | $100.0M+376.5% | $110.9M+111.4% | $215.5M-5.1% | $33.6M-75.0% |
| Net Income | $390.8M+7.8% | $240.5M-16.2% | $698.4M+8.2% | $472.0M+812.3% | $362.4M+373.5% | $287.2M-70.9% | $645.8M-3.2% | $51.7M-86.8% |
| EPS (Basic) | $0.840.0% | $0.51+145.1% | $1.55+2.6% | $1.07+872.7% | $0.84+366.7% | -$1.13-25.6% | $1.51-52.1% | $0.11-94.1% |
| EPS (Diluted) | $0.83+1.2% | $0.51+145.1% | $1.53 | $1.05 | $0.82 | -$1.13 | $1.50 | $0.11 |
| Diluted Shares (Avg) | 463M+5.0% | N/A | 454M | 446M | 441M | N/A | 431M | 429M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.
ETR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $75.8B+13.8% | $71.9B+11.0% | $69.8B+8.4% | $68.4B+8.9% | $66.6B+8.1% | $64.8B+8.5% | $64.5B+6.5% | $62.8B+5.1% |
| Current Assets | $7.8B+52.8% | $5.8B+32.1% | $5.6B+6.5% | $5.2B+0.8% | $5.1B+7.5% | $4.4B+20.1% | $5.2B-2.1% | $5.1B+9.7% |
| Cash & Equivalents | $3.6B+136.0% | $1.9B+124.4% | $1.5B+7.4% | $1.2B-13.2% | $1.5B+16.9% | $859.7M+548.6% | $1.4B-7.1% | $1.4B+13.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $1.6B+10.6% |
| Long-Term Investments | $123.2M+48.7% | $124.4M+51.1% | $85.7M+18.9% | $84.4M+17.4% | $82.9M+17.9% | $82.3M+18.5% | $72.1M+9.9% | $71.9M-28.0% |
| Goodwill | $367.6M0.0% | $367.6M0.0% | $367.6M-1.7% | $367.6M-1.7% | $367.7M-1.7% | $367.6M-1.7% | $374.1M-0.8% | $374.1M-0.8% |
| Total Liabilities | $58.5B+13.7% | $55.0B+10.6% | $53.2B+7.6% | $52.2B+8.2% | $51.4B+9.0% | $49.7B+10.3% | $49.4B+5.5% | $48.2B+3.7% |
| Current Liabilities | $8.2B+31.6% | $7.8B+28.0% | $7.8B+33.0% | $6.5B+18.7% | $6.2B-9.9% | $6.1B-4.5% | $5.9B+0.2% | $5.5B-6.7% |
| Non-Current Liabilities | $50.0B+11.3% | $46.8B+8.2% | $45.1B+4.3% | $45.3B+7.0% | $44.9B+12.4% | $43.3B+12.9% | $43.2B+6.3% | $42.4B+5.3% |
| Long-Term Debt | $31.2B+10.2% | $27.9B+4.8% | $27.1B+1.9% | $28.1B+6.9% | $28.3B+16.3% | $26.6B+15.7% | $26.6B+7.7% | $26.3B+8.1% |
| Total Equity | $17.3B+14.2% | $16.9B+12.2% | $16.7B+10.8% | $16.2B+11.3% | $15.2B+5.0% | $15.1B+3.2% | $15.0B+9.8% | $14.6B+10.1% |
| Retained Earnings | $12.8B+5.6% | $12.7B+5.7% | $12.8B+6.4% | $12.3B+6.4% | $12.1B+2.9% | $12.0B+0.6% | $12.0B+7.1% | $11.6B+7.7% |
Not reported in any period shown, so not listed: Inventory.
ETR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $829.0M+54.6% | $1.2B-11.7% | $2.1B+36.6% | $1.3B+23.0% | $536.2M+2.9% | $1.4B+29.8% | $1.6B+11.2% | $1.0B+18.3% |
| Depreciation & Amortization | $598.9M+5.3% | $574.8M+1.4% | $582.7M+5.2% | $579.2M+3.5% | $568.9M+2.9% | $566.8M+47.9% | $553.8M+0.4% | $559.6M-0.7% |
| Capital Expenditures | $2.3B+35.7% | $2.1B+35.2% | $1.9B+65.6% | $2.0B+72.7% | $1.7B+72.7% | $1.6B+47.5% | $1.1B-65.9% | $1.2B+3721.9% |
| Free Cash Flow | -$1.4B-26.6% | -$909.7M-369.4% | $246.0M-41.7% | -$746.6M-441.9% | -$1.1B-155.4% | -$193.8M-5137.9% | $421.8M+121.8% | -$137.8M-116.5% |
| Investing Cash Flow | -$2.4B-41.6% | -$1.9B-2.7% | -$1.5B+4.2% | -$2.0B-72.3% | -$1.7B-32.8% | -$1.8B-76.0% | -$1.5B-35.4% | -$1.2B-1.4% |
| Financing Cash Flow | $3.2B+77.0% | $1.1B+1393.9% | -$322.9M-1198.3% | $431.1M+101.8% | $1.8B-5.2% | -$84.4M+94.0% | $29.4M-45.6% | $213.6M+144.4% |
| Dividends Paid | $292.9M+13.4% | $289.5M+12.3% | $267.9M+10.8% | $258.5M+7.1% | $258.2M+7.2% | $257.7M+7.6% | $241.7M+6.8% | $241.3M+6.7% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.
ETR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 17.9%-6.6pp | 18.4%-6.0pp | 29.4%-3.9pp | 25.2%+4.2pp | 24.6%+16.1pp | 24.4%+15.0pp | 33.2%+1.4pp | 20.9%-5.6pp |
| Net Margin | 12.3%-0.5pp | 8.1%-2.3pp | 18.3%-0.7pp | 14.2%+12.4pp | 12.7%+10.0pp | 10.5%-25.7pp | 19.1%+0.5pp | 1.8%-12.0pp |
| Return on Equity | 2.3%-0.1pp | 1.4%-0.5pp | 4.2%-0.1pp | 2.9%+2.6pp | 2.4%+1.9pp | 1.9%-4.8pp | 4.3%-0.6pp | 0.4%-2.6pp |
| Return on Assets | 0.5%0.0pp | 0.3%-0.1pp | 1.0%0.0pp | 0.7%+0.6pp | 0.5%+0.4pp | 0.4%-1.2pp | 1.0%-0.1pp | 0.1%-0.6pp |
| Current Ratio | 0.96+0.1x | 0.740.0x | 0.71-0.2x | 0.80-0.1x | 0.82+0.1x | 0.72+0.1x | 0.890.0x | 0.94+0.1x |
| Debt-to-Equity | 1.80-0.1x | 1.65-0.1x | 1.62-0.1x | 1.73-0.1x | 1.86+0.2x | 1.76+0.2x | 1.770.0x | 1.810.0x |
| Asset Turnover | 0.040.0x | 0.040.0x | 0.050.0x | 0.050.0x | 0.040.0x | 0.040.0x | 0.050.0x | 0.050.0x |
| FCF Margin | -44.6%-5.2pp | -30.7%-23.7pp | 6.5%-6.0pp | -22.4%-17.8pp | -39.5%-23.7pp | -7.1%-6.9pp | 12.4%+66.3pp | -4.7%-34.0pp |
Not reported in any period shown, so not listed: Gross Margin.
Note: The current ratio is below 1.0 (0.74), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Entergy Corporation ETR | FY2025 | $12.9B | $1.8B | 13.7% | $49.1B | 47/100 |
| Xcel Energy, Inc. XEL | FY2025 | N/A | $2.0B | N/A | $45.8B | — |
| Exelon Corporation EXC | FY2025 | $24.3B | $2.8B | 11.4% | $43.0B | 51/100 |
| Public Service Enterprise Group Incorporated PEG | FY2025 | $12.2B | $2.1B | 17.3% | $35.8B | 63/100 |
| WEC Energy Group, Inc. WEC | FY2025 | $9.8B | $1.6B | 15.9% | $33.8B | 42/100 |
| Consolidated Edison, Inc. ED | FY2025 | $16.9B | $2.0M | 0.0% | $39.2B | 47/100 |
Where Entergy Corporation Ranks
Frequently Asked Questions
What is Entergy Corporation's annual revenue?
Entergy Corporation (ETR) reported $12.9B in total revenue for fiscal year 2025. This represents a 9.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Entergy Corporation's revenue growing?
Entergy Corporation (ETR) revenue grew by 9.0% year-over-year, from $11.9B to $12.9B in fiscal year 2025.
Is Entergy Corporation profitable?
Yes, Entergy Corporation (ETR) reported a net income of $1.8B in fiscal year 2025, with a net profit margin of 13.7%.
What is Entergy Corporation's EBITDA?
Entergy Corporation (ETR) had EBITDA of $5.5B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Entergy Corporation have?
As of fiscal year 2025, Entergy Corporation (ETR) had $1.9B in cash and equivalents against $27.9B in long-term debt.
What is Entergy Corporation's operating margin?
Entergy Corporation (ETR) had an operating margin of 24.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Entergy Corporation's net profit margin?
Entergy Corporation (ETR) had a net profit margin of 13.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Entergy Corporation pay dividends?
Yes, Entergy Corporation (ETR) paid $2.44 per share in dividends during fiscal year 2025.
What is Entergy Corporation's return on equity (ROE)?
Entergy Corporation (ETR) has a return on equity of 10.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Entergy Corporation's free cash flow?
Entergy Corporation (ETR) recorded an outflow of $2.5B in free cash flow during fiscal year 2025. This represents a -624.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Entergy Corporation's operating cash flow?
Entergy Corporation (ETR) generated $5.2B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Entergy Corporation's total assets?
Entergy Corporation (ETR) had $71.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Entergy Corporation's capital expenditures?
Entergy Corporation (ETR) invested $7.7B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Entergy Corporation's current ratio?
Entergy Corporation (ETR) had a current ratio of 0.74 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Entergy Corporation's debt-to-equity ratio?
Entergy Corporation (ETR) had a debt-to-equity ratio of 1.65 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Entergy Corporation's return on assets (ROA)?
Entergy Corporation (ETR) had a return on assets of 2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Entergy Corporation's P/E ratio?
Entergy Corporation (ETR) trades at 27.3x earnings, its market capitalization divided by net income of $1.8B net income, trailing 12 months to March 31, 2026. The market capitalization is $49.1B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Entergy Corporation's price-to-sales ratio?
Entergy Corporation (ETR) trades at 3.7x sales, its market capitalization divided by revenue of $13.3B revenue, trailing 12 months to March 31, 2026. The market capitalization is $49.1B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Entergy Corporation's Altman Z-Score?
Entergy Corporation (ETR) has an Altman Z-Score of 1.08, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Entergy Corporation's Piotroski F-Score?
Entergy Corporation (ETR) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Entergy Corporation's earnings high quality?
Entergy Corporation (ETR) has an earnings quality ratio of 2.90x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Entergy Corporation cover its interest payments?
Entergy Corporation (ETR) has an interest coverage ratio of 2.27x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Entergy Corporation?
Entergy Corporation (ETR) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its utilities peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.