Entergy Corporation (ETR)

Return on total capital

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before interest and tax (EBIT) US$ in thousands 2,645,800 2,678,180 1,970,400 2,144,790 2,070,810
Long-term debt US$ in thousands — — — — —
Total stockholders’ equity US$ in thousands 15,083,900 14,657,600 13,002,000 11,637,300 10,926,100
Return on total capital 17.54% 18.27% 15.15% 18.43% 18.95%

December 31, 2024 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $2,645,800K ÷ ($—K + $15,083,900K)
= 17.54%

Entergy Corporation's return on total capital has exhibited fluctuations over the years within the provided data. The return on total capital decreased from 18.95% as of December 31, 2020, to 18.43% as of December 31, 2021. Subsequently, there was a noticeable decline to 15.15% by December 31, 2022. However, the return on total capital showed signs of recovery in the following years, reaching 18.27% by December 31, 2023, and 17.54% by December 31, 2024. Overall, while there were fluctuations in Entergy Corporation's return on total capital, the company managed to maintain levels above 15%, indicating its ability to generate satisfactory returns relative to the total capital employed.