Entergy Corporation (ETR)

Pretax margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	1,442,211	1,059,056	1,094,538	1,535,982	1,671,776	1,824,553	1,667,836	945,394	1,058,160	1,121,404	1,075,275	1,251,097	1,310,094	1,182,818	1,164,096	1,638,134	1,285,147	1,327,821	1,051,338	839,101
Revenue (ttm)	US$ in thousands	11,879,650	11,862,150	12,068,570	11,960,980	12,147,410	12,695,110	13,318,210	13,867,380	13,764,240	13,214,200	12,349,110	11,775,980	11,742,900	11,390,540	10,940,580	10,531,300	10,113,640	10,205,850	10,442,860	10,696,280
Pretax margin		12.14%	8.93%	9.07%	12.84%	13.76%	14.37%	12.52%	6.82%	7.69%	8.49%	8.71%	10.62%	11.16%	10.38%	10.64%	15.55%	12.71%	13.01%	10.07%	7.84%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,442,211K ÷ $11,879,650K
= 12.14%

Entergy Corporation's pretax margin, a key financial ratio that indicates the company's efficiency in generating profits before taxes from its operations, has exhibited fluctuations over the analyzed periods.

The pretax margin values ranged from as low as 6.82% on March 31, 2023, to as high as 15.55% on March 31, 2021. Notably, the pretax margin recorded a steady increase from 7.84% on March 31, 2020, reaching its peak at 15.55% on March 31, 2021, reflecting an improvement in profitability during this period.

After hitting the peak, the pretax margin experienced a decline, dropping to 8.49% on September 30, 2022, before slightly rising again. This fluctuation continued throughout the remaining periods, with some quarters showing improvements in pretax margin while others reflecting decreases.

On December 31, 2024, the pretax margin stood at 12.14%, indicating a moderate recovery from the lower levels seen in preceding periods. Overall, the trend in Entergy Corporation's pretax margin demonstrates variability in profitability levels over the analyzed timeframe, with some periods showing stronger performance than others.