Entergy Corporation (ETR)

Return on total capital

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 interest and tax (EBIT) (ttm) US$ in thousands 2,593,029 2,165,332 2,161,112 2,563,847 2,678,179 2,812,987 2,628,291 1,881,842 1,970,396 2,009,194 1,945,105 2,107,442 2,144,786 1,999,697 1,968,206 2,433,524 2,070,809 2,107,295 1,820,720 1,588,128
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 15,083,900 15,032,800 14,567,700 14,458,300 14,657,600 13,691,500 13,237,100 13,058,200 13,002,000 12,096,400 11,711,100 11,710,100 11,637,300 11,252,500 10,887,900 11,017,200 10,926,100 10,771,800 10,426,000 10,224,000
Return on total capital 17.19% 14.40% 14.83% 17.73% 18.27% 20.55% 19.86% 14.41% 15.15% 16.61% 16.61% 18.00% 18.43% 17.77% 18.08% 22.09% 18.95% 19.56% 17.46% 15.53%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $2,593,029K ÷ ($—K + $15,083,900K)
= 17.19%

Entergy Corporation's return on total capital has shown some fluctuation over the reported periods, ranging from a low of 14.40% on September 30, 2024, to a high of 22.09% on March 31, 2021. The company's return on total capital has generally been above 15% during the period, indicating that it has been able to generate returns in excess of its total invested capital. The trend of the return on total capital has been relatively stable, with some variability seen in the data. It is essential for Entergy Corporation to continue monitoring and managing its return on total capital to ensure efficient utilization of its capital resources and sustained profitability.