Regulated electric utility serving Louisiana, Arkansas, Mississippi and Texas, with a large nuclear generation fleet.
Regulated electric utility serving Louisiana, Arkansas, Mississippi and Texas, with a large nuclear generation fleet.
Earns allowed returns on its Gulf South utilities, set by state and city regulators, with growth tied to rebuilding and expanding the grid. It has shed its unregulated businesses: its northeastern merchant nuclear plants have closed or been sold, leaving it a regulated utility.
Moat: narrow (regulatory licence, scale). State-regulated monopoly territories plus a large, low-carbon nuclear fleet.
Headquarters: New Orleans, Louisiana, US · Founded: 1913 · Employees: 12,233
Size Entergy (ETR) is a United States Utilities company (Electric Utilities) with a market value of $52.8B, the 241st largest of 3,117 United States companies the cockpit tracks. Shares closed at $110.55 on 6 Nov 2026.
Performance Over six months the shares fell 0.9%, against +2.8% for the median peer and -1.1% for the United States market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 10.9% over the last twelve months (peer median +6.5%); the operating margin is 24.5% (peer median 21.2%).
Valuation It trades at 22.8× forward earnings against a peer median of 18.4× (2nd most expensive of 21).
Capital Return on invested capital runs 1.1 points below its cost of capital (6.4% WACC).
Backlog Backlog (remaining performance obligations) was $8.03B at 31 Mar 2026 — 0.6 years of trailing revenue. Backlog detail →
Credit Entergy has 60 bonds outstanding ($30.1B), rated A by the agencies and trading like A- at a weighted spread of 82 bp.
Short interest Short interest is 3.5% of the free float (15 Oct 2026).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $14.0B | $12.9B | $11.9B | $12.1B | $13.8B |
| Revenue growth | — | +9% | -2% | -12% | — |
| Gross profit | $4.30B | $3.69B | $3.35B | $3.20B | $3.03B |
| EBITDA | $6.08B | $5.57B | $5.05B | $4.83B | $3.82B |
| Net income | $2.06B | $1.77B | $1.06B | $2.36B | $1.10B |
| Free cash flow | -$4.05B | -$2.79B | -$1.48B | -$452M | -$2.81B |
| Capital expenditure | $10.2B | $7.94B | $5.97B | $4.75B | $5.40B |
| Total debt | $34.8B | $31.3B | $29.3B | $26.5B | $27.0B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Entergy ETR | $52.8B | -1% | +11% | 24% | 22.8× | n/a |
| Southern SO | $106B | +1% | +6% | 24% | 20.0× | n/a |
| CenterPoint Energy CNP | $27.0B | -2% | +8% | 24% | 19.9× | n/a |
| Duke Energy DUK | $99.6B | +4% | +6% | 27% | 18.2× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ETR | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.9% | +8.1% | 11th highest of 21 |
| 6-month return | -0.9% | +2.8% | 9th lowest of 21 |
| Distance from 52-week high | -6.7% | -7.2% | 10th highest of 21 |
| Revenue growth (TTM) | +10.9% | +6.5% | 4th highest of 21 |
| Operating margin | 24.5% | 21.2% | 8th highest of 21 |
| Forward P/E | 22.8× | 18.4× | 2nd most expensive of 21 |
| ROIC minus cost of capital | -1.1 pp | -1.3 pp | 8th highest of 21 |
| EV / EBITDA | 13.8× | 13.6× | 9th most expensive of 20 |
| Net debt / EBITDA | 5.0× | 4.9× | 9th most indebted of 20 |
| Bond spread | 82 bp | 85 bp | 7th tightest of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Entergy ETR | United States | $52.8B | -1% | +11% | 24% | 22.8× | n/a | n/a |
| Xcel Energy XEL | United States | $51.1B | +1% | +4% | 22% | 18.1× | n/a | n/a |
| Endesa ELE.MC | Spain | $51.0B | +21% | +6% | 17% | 18.4× | 0.5% | +4.7% |
| Rwe RWE.DE | Germany | $50.4B | +2% | -34% | 0% | 18.6× | n/a | n/a |
| E.on EOAN.DE | Germany | $55.9B | +4% | -8% | 7% | 17.5× | n/a | n/a |
| Exelon EXC | United States | $47.2B | +5% | +7% | 20% | 15.2× | n/a | n/a |
| Dominion Energy D | United States | $60.3B | +12% | +23% | 29% | 18.7× | n/a | n/a |
| Consolidated Edison ED | United States | $43.7B | +12% | +10% | 18% | 18.5× | n/a | n/a |
| Sse SSE.L | United Kingdom | $43.2B | +7% | +1% | 19% | 14.2× | n/a | n/a |
| Vistra VST | United States | $41.9B | -15% | +9% | 19% | 12.8× | 12.5% | +10.1% |
| Adani Power ADANIPOWER.NS | India | $41.6B | -11% | +8% | 23% | 29.4× | n/a | n/a |
| American Electric Power AEP | United States | $68.9B | -3% | +10% | 24% | 18.5× | n/a | n/a |
| Engie ENGI.PA | France | $69.0B | -11% | -5% | 13% | 11.7× | 5.8% | +10.2% |
| WEC Energy WEC | United States | $38.1B | +5% | +8% | 25% | 21.6× | n/a | n/a |
| Public Service Enterprise PEG | United States | $36.2B | -5% | +13% | 27% | 16.0× | n/a | n/a |
| NTPC NTPC.NS | India | $33.2B | -19% | +7% | 20% | 12.3× | n/a | n/a |
| CGN Power 003816.SZ | China | $33.1B | +4% | -20% | 30% | 22.4× | n/a | n/a |
| National Grid NG..L | United Kingdom | $84.5B | -2% | -4% | 29% | 13.8× | n/a | n/a |
| Constellation Energy CEG | United States | $88.6B | -18% | +21% | 15% | 20.5× | 20.3% | +8.8% |
| Ameren AEE | United States | $31.2B | +4% | +4% | 25% | 20.0× | n/a | n/a |
| Fortis FTS.TO | Canada | $31.0B | +11% | +4% | 28% | 22.5× | n/a | n/a |
Entergy has 60 bonds outstanding with $30.1B face value. The agencies rate it A; its bonds trade like A-. Weighted yield 5.81%, a spread of 82 bp over government bonds.
Entergy reported $8.03B of remaining performance obligations at 31 Mar 2026 and down 0% from the previous quarter. That is 0.6 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.