Entergy Corporation (ETR)
Net 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 | ||
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Net income (ttm) | US$ in thousands | 2,356,615 | 1,475,445 | 1,369,245 | 1,137,704 | 1,103,169 | 1,241,862 | 1,216,845 | 1,055,748 | 1,118,493 | 1,399,033 | 1,228,563 | 1,353,251 | 1,386,693 | 1,230,453 | 1,105,873 | 1,241,225 | 792,422 | 962,781 | 967,669 | 841,784 |
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 |
Net profit margin | 21.04% | 12.69% | 11.15% | 8.85% | 8.64% | 10.07% | 10.60% | 9.66% | 10.18% | 12.53% | 12.01% | 13.68% | 14.37% | 12.43% | 10.87% | 12.04% | 7.65% | 9.32% | 9.20% | 7.77% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,356,615K ÷ $11,202,450K
= 21.04%
The net profit margin of Entergy Corp. has demonstrated fluctuation over the specified quarters. In Q4 2023, the net profit margin reached 19.40%, showing a significant increase compared to the previous quarter at 11.62% in Q3 2023. This indicates an improvement in the company's ability to convert revenue into profits during the final quarter of the year.
The trend in the net profit margin during the four quarters of 2023 shows a general upward trajectory, with Q1 2023 starting at 8.20% and steadily increasing each quarter. The company's efficiency in managing costs and generating earnings improved consecutively throughout the year.
Comparing the net profit margin from the current year to the corresponding quarters of the previous year, there is variability. While Q4 2023 saw a notable increase from Q4 2022, the margins in Q3 and Q2 of 2023 were lower than the same periods in 2022. This suggests a fluctuating profitability trend year over year.
Overall, the net profit margin analysis indicates that Entergy Corp. experienced fluctuations in profitability over the specified quarters in both sequential and year-over-year comparisons. The improvement in the final quarter of 2023 could be a positive signal for the company's financial performance.
Peer comparison
Dec 31, 2023