Utilities · Electric Utilities · US stock · price as of 16 Oct 2026
Key indicators
Price
$105.11
52-week range
$89.25 – $117.74
Market cap
$48.6B
P/E (trailing)
26.4×
EV / EBITDA
14.6×
Free-cash-flow yield
−5.8%
Dividend yield
2.4%
Revenue (last 12 months)
$13.3B
Revenue growth (3y a year)
−2.0%
Operating margin
23.1%
Return on invested capital
5.1%
Net debt / EBITDA
5.6×
Fair value
Blended fair value$69.18 range $65 – $84
Versus priceOvervalued−34% to fair value
Peer multiples
$83.64
Fundamentals-adjusted multiple
$83.86
10-year DCF (market-scaled)
$40.04
Earnings power value (floor, not blended)
$8.93
Model uncertainty
Medium
X-Ray Score
45/ 100 · Medium confidence · ahead of 35% of sector peers
Valuation24
Growth36
Profitability51
Financial health68
Dividends56
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Entergy is an electric utility holding company that delivers power to customers in Arkansas, Louisiana, Mississippi and Texas, and also supplies natural gas in parts of Louisiana. Its utility companies generate electricity from a mix of natural gas, nuclear and other sources and operate the transmission and distribution networks that carry it to homes, businesses and industry.
Revenue comes from regulated electricity rates paid by residential, commercial and industrial customers, along with some gas distribution income. The last twelve months produced $13.3 billion, but revenue growth over the last three years was -2.0% a year, a decline. The operating margin is 23.1%, and the business earns a profit of 5% on the capital invested in it. It carries net debt of 5.6 times EBITDA. The company pays a dividend with a yield of 2.4%.
StocksXray gives Entergy Corp an X-Ray Score of 45 out of 100 (medium confidence), ahead of 35% of the S&P 500 stocks in its sector. Its strongest lens is financial health (68) and its weakest is valuation (24).
Our fair value blend is $69.18 (range $64.76 to $83.75). At $105.11 the stock trades 52% above that blend, so the label is "Overvalued" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Entergy Corp (ETR)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$47.76
$49.45
$46.44
$72.43
$90.79
$105.11
Market cap
$9.6B
$20.3B
$19.7B
$31.3B
$40.9B
$48.6B
P/E
8.6×
18.5×
8.4×
29.6×
23.2×
26.4×
EV / revenue
3.1×
3.4×
3.8×
5.0×
5.4×
6.0×
EV / EBITDA
9.5×
11.6×
9.8×
12.1×
12.7×
14.6×
Price / free cash flow
4.5×
–
–
–
–
–
Free-cash-flow yield
22.1%
−12.2%
−0.7%
−1.1%
−6.2%
−5.8%
Price / book
0.8×
1.6×
1.3×
2.1×
2.4×
2.8×
Dividend yield
8.08%
4.15%
4.67%
3.18%
2.69%
2.44%
Fundamentals checklist ● 5 Good · ● 4 Average · ● 5 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−4.8%Good
Free-cash-flow yield−5.8%Average
Risk models
Altman Z score1.1×Good
Piotroski F-Score7 of 9Good
Growth
EPS growth (3y)13.4%Good
Revenue growth (3y)−2.0%Bad
Growth consistency70%Bad
Balance sheet
Current ratio1.0×Good
Net debt / EBITDA5.6×Average
Interest cover2.2×Bad
Valuation
Fair value vs price0.7×Bad
EBIT / EV yield3.9%Bad
Profitability
Return on invested capital5.1%Average
Operating margin23.1%Average
XStocksXray
Entergy Corp (ETR)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
11,743
13,764
12,147
11,880
12,947
13,287
Gross profit
–
–
–
–
–
–
Operating income
1,846
2,051
2,618
2,651
3,202
3,074
Net income
1,118
1,103
2,357
1,061
1,773
1,802
Diluted EPS ($)
5.54
2.68
5.55
2.45
3.91
3.98
Free cash flow
2,132
-2,480
-146
-350
-2,534
-2,834
Gross margin
–
–
–
–
–
–
Operating margin
15.7%
14.9%
21.6%
22.3%
24.7%
23.1%
Net margin
9.5%
8.0%
19.4%
8.9%
13.7%
13.6%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
59,454
58,595
59,703
64,790
71,891
75,804
Cash
443
224
133
860
1,929
3,571
Total debt
27,082
26,760
26,246
28,919
30,935
34,058
Equity
11,637
12,967
14,623
15,084
16,923
17,347
Dividend per share ($)
3.86
2.05
2.17
2.30
2.44
2.48
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.