Entergy Gross Profit from 2010 to 2024

ETR Stock  USD 156.40  0.47  0.30%   
Entergy Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 5 B. Gross Profit is the profit Entergy makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
880.8 M
Current Value
1.8 B
Quarterly Volatility
495.2 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Entergy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Entergy's main balance sheet or income statement drivers, such as Interest Expense of 1.1 B, Total Revenue of 9.8 B or Gross Profit of 5 B, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0488 or PTB Ratio of 1.18. Entergy financial statements analysis is a perfect complement when working with Entergy Valuation or Volatility modules.
  
Check out the analysis of Entergy Correlation against competitors.
To learn how to invest in Entergy Stock, please use our How to Invest in Entergy guide.

Latest Entergy's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Entergy over the last few years. Gross profit is a required income statement account that reflects total revenue of Entergy minus its cost of goods sold. It is profit before Entergy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Entergy's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Entergy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 5.28 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Entergy Gross Profit Regression Statistics

Arithmetic Mean4,062,738,611
Geometric Mean3,813,793,382
Coefficient Of Variation33.55
Mean Deviation1,028,784,837
Median4,178,867,000
Standard Deviation1,362,919,271
Sample Variance1857548.9T
Range5.4B
R-Value0.30
Mean Square Error1821935.6T
R-Squared0.09
Significance0.28
Slope91,036,136
Total Sum of Squares26005685.2T

Entergy Gross Profit History

2024B
20235.3 B
20225.3 B
20214.9 B
20204.5 B
20194.2 B
20183.7 B

Other Fundumenentals of Entergy

Entergy Gross Profit component correlations

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Click cells to compare fundamentals

About Entergy Financial Statements

Entergy shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Entergy investors may analyze each financial statement separately, they are all interrelated. The changes in Entergy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Entergy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit5.3 BB
Gross Profit Margin 0.44  0.53 

Pair Trading with Entergy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Entergy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Entergy will appreciate offsetting losses from the drop in the long position's value.

Moving against Entergy Stock

  0.92EBR Centrais ElectricasPairCorr
  0.74ES Eversource EnergyPairCorr
  0.74FE FirstEnergyPairCorr
  0.58AEP American Electric PowerPairCorr
  0.55ED Consolidated Edison Sell-off TrendPairCorr
The ability to find closely correlated positions to Entergy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entergy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Entergy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Entergy to buy it.
The correlation of Entergy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Entergy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Entergy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Entergy Stock Analysis

When running Entergy's price analysis, check to measure Entergy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Entergy is operating at the current time. Most of Entergy's value examination focuses on studying past and present price action to predict the probability of Entergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entergy's price. Additionally, you may evaluate how the addition of Entergy to your portfolios can decrease your overall portfolio volatility.