Entergy Corporation (ETR)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018
Gross profit (ttm)	US$ in thousands	8,317,890	8,676,810	9,363,360	10,124,410	10,037,070	9,781,640	8,962,670	7,913,080	8,048,680	8,210,570	7,274,380	7,311,340	7,679,960	7,754,830	8,045,260	8,112,000	8,162,180	8,198,750	7,975,890	7,927,870
Revenue (ttm)	US$ in thousands	11,202,450	11,630,410	12,281,490	12,854,670	12,767,560	12,331,340	11,484,210	10,924,560	10,982,260	11,165,450	10,229,550	9,893,720	9,650,130	9,897,230	10,171,010	10,310,470	10,360,650	10,330,960	10,517,820	10,829,380
Gross profit margin		74.25%	74.60%	76.24%	78.76%	78.61%	79.32%	78.04%	72.43%	73.29%	73.54%	71.11%	73.90%	79.58%	78.35%	79.10%	78.68%	78.78%	79.36%	75.83%	73.21%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $8,317,890K ÷ $11,202,450K
= 74.25%

Entergy Corp.'s gross profit margin has exhibited some fluctuations over the past eight quarters. The trend shows an overall improvement in the margin from Q1 2022 to Q4 2023, with the latest quarter reaching 68.97%. This indicates that Entergy Corp. effectively managed its production costs and pricing strategies to generate a higher percentage of sales revenue as gross profit. The company saw a significant increase in its gross profit margin from Q1 2023 to Q4 2023, reflecting strong operational performance and potentially better cost controls. However, it is worth noting that there were some fluctuations in the margin in the intervening quarters, suggesting possible variability in factors impacting cost of goods sold and pricing during those periods. Overall, the upward trend in Entergy Corp.'s gross profit margin over the past eight quarters is a positive indicator of the company's ability to effectively generate profits from its core operations.