Entergy Corporation (ETR)

Net profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2019 Dec 31, 2018
Net income US$ in thousands 2,356,540 1,103,170 1,118,490 1,241,230 848,661
Revenue US$ in thousands 11,209,600 12,477,900 10,993,900 10,116,300 10,266,400
Net profit margin 21.02% 8.84% 10.17% 12.27% 8.27%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $2,356,540K ÷ $11,209,600K
= 21.02%

Net profit margin is a key financial metric that measures a company's profitability by expressing its net income as a percentage of its total revenue. The table provided shows Entergy Corp.'s net profit margin for the years ending December 31, from 2019 to 2023.

Entergy Corp.'s net profit margin has experienced fluctuation over the five-year period. In 2019, the net profit margin was 11.41%, which increased to 13.73% in 2020, reflecting improved profitability. However, in 2021, the net profit margin decreased to 9.52%, indicating a decline in profitability compared to the prior year.

The company's net profit margin then saw a significant increase in 2022, reaching 8.01%, and further rose to 19.40% in 2023. This substantial increase in net profit margin in 2023 suggests a notable improvement in Entergy Corp.'s profitability and efficiency in generating profits relative to its revenue.

Overall, while Entergy Corp. experienced fluctuations in its net profit margin over the five-year period, the substantial increase in the metric in 2023 indicates a positive trend towards higher profitability and efficiency in managing its operations. This upward trend in net profit margin could be attributed to various factors such as cost management, revenue growth, or operational efficiencies implemented by the company during the period.


Peer comparison

Dec 31, 2023