Entergy Corporation (ETR)
Pretax margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 1,442,210 | 1,671,780 | 1,058,160 | 1,310,090 | 1,285,150 |
Revenue | US$ in thousands | 11,879,700 | 12,147,400 | 13,764,200 | 11,742,900 | 10,113,600 |
Pretax margin | 12.14% | 13.76% | 7.69% | 11.16% | 12.71% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,442,210K ÷ $11,879,700K
= 12.14%
Entergy Corporation's pretax margin has fluctuated over the past five years, displaying a downward trend from 12.71% in 2020 to 7.69% in 2022. However, there was a notable recovery in 2023 with a pretax margin of 13.76%, followed by a slight decrease to 12.14% in 2024. Overall, while there have been fluctuations, Entergy Corporation has managed to maintain a relatively healthy pretax margin, indicating its ability to effectively manage costs and generate earnings before taxes.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Entergy Corporation
ETR
12.14%
American Electric Power Co Inc
AEP
14.85%
Black Hills Corporation
BKH
14.54%
CenterPoint Energy Inc
CNP
14.05%
Clearway Energy Inc Class C
CWEN
8.61%
Constellation Energy Corp
CEG
19.16%
Dominion Energy Inc
D
2.15%
DTE Energy Company
DTE
336.61%
Edison International
EIX
8.88%
Eversource Energy
ES
10.45%
FirstEnergy Corporation
FE
11.16%