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.