Entergy Corporation (ETR)

Return on equity (ROE)

		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
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
Total stockholders’ equity	US$ in thousands	14,622,600	13,691,500	13,237,100	13,058,200	12,967,000	12,096,400	11,711,100	11,710,100	11,637,300	11,252,500	10,887,900	11,017,200	10,771,800	10,426,000	10,224,000	10,223,700	10,035,100	9,797,500	8,970,370	8,844,300
ROE		16.12%	10.78%	10.34%	8.71%	8.51%	10.27%	10.39%	9.02%	9.61%	12.43%	11.28%	12.28%	12.87%	11.80%	10.82%	12.14%	7.90%	9.83%	10.79%	9.52%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,356,615K ÷ $14,622,600K
= 16.12%

Entergy Corp.'s return on equity (ROE) has exhibited variability in recent quarters. In Q4 2023, the ROE stood at 16.12%, marking a significant increase from the previous quarter's 10.78%. This surge indicates improved profitability relative to the company's equity base. Prior to this, the ROE had been relatively stable, ranging between 8.51% and 10.47% over the previous six quarters.

Overall, the upward trend in ROE in Q4 2023 may suggest that Entergy Corp. has been effectively utilizing its equity to generate returns for shareholders. It is advisable to continue monitoring future ROE figures to assess the sustainability of this performance and to gain insights into the company's financial health and efficiency in deploying its resources.