Entergy Corporation (ETR)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2019	Dec 31, 2018
Operating income	US$ in thousands	2,617,980	2,050,780	1,845,630	1,390,500	469,365
Revenue	US$ in thousands	11,209,600	12,477,900	10,993,900	10,116,300	10,266,400
Operating profit margin		23.35%	16.44%	16.79%	13.75%	4.57%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $2,617,980K ÷ $11,209,600K
= 23.35%

Entergy Corp.'s operating profit margin has exhibited fluctuations over the past five years, showing a general upward trend with occasional variations. In 2023, the operating profit margin reached 21.90%, marking a significant increase from the prior year's 13.71%. This notable improvement suggests enhanced operational efficiency and cost management strategies implemented by the company. In 2021, the operating profit margin was 17.96%, demonstrating a slight decrease from the previous year but still relatively strong. Similarly, in 2020 and 2019, the operating profit margins were 17.76% and 15.21%, respectively, reflecting consistent profitability levels. Overall, Entergy Corp.'s fluctuating operating profit margins indicate the company's ability to adapt to changing market conditions while maintaining stable profitability levels.