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%