Entergy Corporation (ETR)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 5,738,290 | 5,329,440 | 5,275,350 | 4,871,870 | 4,458,210 |
| Revenue | US$ in thousands | 11,879,700 | 12,147,400 | 13,764,200 | 11,742,900 | 10,113,600 |
| Gross profit margin | 48.30% | 43.87% | 38.33% | 41.49% | 44.08% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $5,738,290K ÷ $11,879,700K
= 48.30%
Entergy Corporation's gross profit margin has shown a fluctuating trend over the past five years. In 2020, the gross profit margin stood at 44.08%, declining to 41.49% by the end of 2021. This downward trend continued into 2022, with the margin further decreasing to 38.33%. However, there was a notable improvement in 2023, with the margin rebounding to 43.87%. The most recent data for 2024 indicates a significant increase in the gross profit margin to 48.30%.
Overall, while there have been fluctuations in Entergy Corporation's gross profit margin, it appears that the company has been able to manage and improve this metric over the years, with a particularly strong performance in 2024. Further analysis of the underlying factors driving these changes would be necessary to fully understand the dynamics influencing the company's profitability.
Peer comparison
Dec 31, 2024