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EntergyETRCompetitor analysis, valuation and peers

United States · USD·Utilities›Electric Utilities

Regulated electric utility serving Louisiana, Arkansas, Mississippi and Texas, with a large nuclear generation fleet.

Momentum strong 66
Mkt cap
$52.8B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$335M
20-day average traded
Fwd P/E
22.8×
forward earnings
ROIC−WACC
-1.1 pp
WACC 6.4%
Hurdle
n/a
no reverse DCF
Official | Implied
A / A-
agencies · bond market
Next earnings
110 days
24 Feb 2027
Close · USD$110.55
1D+0.2%
1W+0.4%
1M+7.9%
3M+4.6%
6M-0.9%
YTD+21.1%
1Y+17.0%
ATR %2.0%
Beta0.19
52w lowhigh6.7% off high

What Entergy does

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.

Products and services

  • Regulated electric utilities (LA, AR, MS, TX)
  • Nuclear generation fleet

Customers

  • Residential, commercial and industrial ratepayers

Where it sits in the supply chain

  • Utilities
  • Electric utilities
  • Regulated generation, transmission…

What could go right

  • Gulf Coast industrial/LNG electricity demand
  • Data-center load growth

What could go wrong

  • Hurricane/storm restoration costs
  • Regulatory rate-case risk

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

Named competitors

Entergy at a glance

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).

Relative performance

9010011 May 202611 Aug 20266 Nov 2026Peer median 103ETR 98
Six months, rebased to 100: Entergy against the median of its 20 peers (local-currency closes).

Entergy financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
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

Quarterly statements and history in the cockpit →

Entergy competitor charts

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.

Performance: 6-month against 1-month return

-10%0%+10%-10%0%+10%XELELERWEEOANEXCDEDSSEVSTADANIPOWERAEPENGIPEGNTPC003816NGCEGAEEFTSETR6-month return →1-month return →
Up and to the right = strong over both horizons. Entergy is the large dot.

Fundamentals: revenue growth against valuation

-20%-10%0%+10%+20%15×20×XELELERWEEOANEXCDEDSSEVSTADANIPOWERENGIWECPEGNTPC003816NGCEGAEEFTSETRRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Entergy is the large dot.

Entergy competitors and peer comparison

Head to head with its named competitors (ETR vs SO vs CNP vs DUK)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq 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

How Entergy compares with its peers

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.

Entergy against its 20 peers (data as of 6 Nov 2026)
MeasureETRPeer medianRank 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 margin24.5%21.2%8th highest of 21
Forward P/E22.8×18.4×2nd most expensive of 21
ROIC minus cost of capital-1.1 pp-1.3 pp8th highest of 21
EV / EBITDA13.8×13.6×9th most expensive of 20
Net debt / EBITDA5.0×4.9×9th most indebted of 20
Bond spread82 bp85 bp7th tightest of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Entergy ETRUnited States$52.8B-1%+11%24%22.8×n/an/a
Xcel Energy XELUnited States$51.1B+1%+4%22%18.1×n/an/a
Endesa ELE.MCSpain$51.0B+21%+6%17%18.4×0.5%+4.7%
Rwe RWE.DEGermany$50.4B+2%-34%0%18.6×n/an/a
E.on EOAN.DEGermany$55.9B+4%-8%7%17.5×n/an/a
Exelon EXCUnited States$47.2B+5%+7%20%15.2×n/an/a
Dominion Energy DUnited States$60.3B+12%+23%29%18.7×n/an/a
Consolidated Edison EDUnited States$43.7B+12%+10%18%18.5×n/an/a
Sse SSE.LUnited Kingdom$43.2B+7%+1%19%14.2×n/an/a
Vistra VSTUnited States$41.9B-15%+9%19%12.8×12.5%+10.1%
Adani Power ADANIPOWER.NSIndia$41.6B-11%+8%23%29.4×n/an/a
American Electric Power AEPUnited States$68.9B-3%+10%24%18.5×n/an/a
Engie ENGI.PAFrance$69.0B-11%-5%13%11.7×5.8%+10.2%
WEC Energy WECUnited States$38.1B+5%+8%25%21.6×n/an/a
Public Service Enterprise PEGUnited States$36.2B-5%+13%27%16.0×n/an/a
NTPC NTPC.NSIndia$33.2B-19%+7%20%12.3×n/an/a
CGN Power 003816.SZChina$33.1B+4%-20%30%22.4×n/an/a
National Grid NG..LUnited Kingdom$84.5B-2%-4%29%13.8×n/an/a
Constellation Energy CEGUnited States$88.6B-18%+21%15%20.5×20.3%+8.8%
Ameren AEEUnited States$31.2B+4%+4%25%20.0×n/an/a
Fortis FTS.TOCanada$31.0B+11%+4%28%22.5×n/an/a

Entergy bonds and credit

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.

Every bond, yield and spread in the cockpit →

Entergy backlog

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.

Questions

Who are Entergy's main competitors?
Named competitors: Southern Company (SO), CenterPoint Energy (CNP), Duke Energy (DUK). The cockpit's measured peer set (industry) also includes Xcel Energy (XEL), Endesa (ELE.MC), Rwe (RWE.DE), E.on (EOAN.DE), Exelon (EXC), Dominion Energy (D).
Is Entergy expensive compared with its peers?
On forward p/e it trades at 22.8× against a peer median of 18.4×, 2nd most expensive of 21 in its peer set.
How has Entergy stock performed?
Over six months to 6 Nov 2026 the shares returned -0.9% against +2.8% for the median peer; over one year +17.0%.
What is Entergy's backlog?
Entergy's remaining performance obligations (contracted revenue not yet recognised) were $8.03B at 31 Mar 2026.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.