Entergy Historical Income Statement
ETR Stock | USD 156.40 0.47 0.30% |
Historical analysis of Entergy income statement accounts such as Gross Profit of 5 B or Operating Income of 1.6 B can show how well Entergy performed in making a profits. Evaluating Entergy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Entergy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Entergy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Entergy is a good buy for the upcoming year.
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About Entergy Income Statement Analysis
Entergy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Entergy shareholders. The income statement also shows Entergy investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Entergy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Entergy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Entergy. It is also known as Entergy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Entergy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Entergy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Entergy Stock, please use our How to Invest in Entergy guide.At this time, Entergy's Interest Expense is relatively stable compared to the past year. As of 11/28/2024, Net Income is likely to grow to about 2.5 B, while Gross Profit is likely to drop slightly above 5 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.9B | 5.3B | 5.3B | 5.0B | Total Revenue | 11.7B | 13.8B | 12.1B | 9.8B |
Entergy income statement Correlations
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Entergy Account Relationship Matchups
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Entergy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 742.4M | 785.7M | 834.7M | 987.8M | 1.0B | 1.1B | |
Total Revenue | 10.9B | 10.1B | 11.7B | 13.8B | 12.1B | 9.8B | |
Gross Profit | 4.2B | 4.5B | 4.9B | 5.3B | 5.3B | 5.0B | |
Operating Income | 2.0B | 1.8B | 1.8B | 2.1B | 2.6B | 1.6B | |
Ebit | 2.0B | 2.1B | 2.1B | 2.0B | 2.7B | 1.6B | |
Ebitda | 4.2B | 4.3B | 4.4B | 4.2B | 4.9B | 3.5B | |
Net Income | 1.3B | 1.4B | 1.1B | 1.1B | 2.4B | 2.5B | |
Income Tax Expense | (169.8M) | (121.5M) | 191.4M | (39.0M) | (690.5M) | (656.0M) | |
Depreciation And Amortization | 2.2B | 2.3B | 2.2B | 2.2B | 2.2B | 1.6B | |
Other Operating Expenses | 9.2B | 8.3B | 9.6B | 11.9B | 9.5B | 9.6B | |
Cost Of Revenue | 6.7B | 5.7B | 6.9B | 8.5B | 6.8B | 6.0B | |
Total Operating Expenses | 2.5B | 2.7B | 2.8B | 3.4B | 2.7B | 2.6B | |
Income Before Tax | 1.1B | 1.3B | 1.3B | 1.1B | 1.7B | 1.8B | |
Total Other Income Expense Net | (887.5M) | (484.0M) | (535.5M) | (992.6M) | (946.2M) | (898.9M) | |
Net Income Applicable To Common Shares | 1.2B | 1.4B | 1.1B | 1.1B | 992.8M | 688.4M | |
Selling General Administrative | 643.7M | 652.8M | 660.3M | 733.5M | 843.6M | 1.4B | |
Net Income From Continuing Ops | 1.3B | 1.4B | 1.1B | 1.1B | 1.5B | 903.9M | |
Non Operating Income Net Other | 440.3M | 301.6M | 299.2M | (80.4M) | (72.3M) | (68.7M) | |
Non Recurring | (290.0M) | (26.6M) | (263.6M) | 163.5M | 147.1M | 139.8M | |
Minority Interest | 17.0M | 18.3M | 227K | (6.0M) | (5.4M) | (5.2M) | |
Tax Provision | (169.8M) | (121.5M) | 191.4M | (39.0M) | (690.5M) | (656.0M) | |
Interest Income | 547.9M | 392.8M | 404.2M | 987.8M | 162.7M | 154.6M | |
Net Interest Income | (194.5M) | (392.8M) | (404.2M) | (987.8M) | (843.7M) | (885.9M) | |
Reconciled Depreciation | 2.2B | 2.3B | 2.2B | 2.2B | 2.2B | 2.4B |
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
0.92 | EBR | Centrais Electricas | PairCorr |
0.74 | ES | Eversource Energy | PairCorr |
0.74 | FE | FirstEnergy | PairCorr |
0.58 | AEP | American Electric Power | PairCorr |
0.55 | ED | Consolidated Edison Sell-off Trend | PairCorr |
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.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.