ETR ENTERGY CORP /DE/

Overview and Growth

Fiscal 2025 results for ENTERGY CORP /DE/ combined $12.95B of revenue with net income of $1.76B and an operating cash inflow of $5.15B. At $12.95B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Revenue was 9.0% above fiscal 2024 revenue of $11.88B, marking a year-over-year increase. On a per-share basis, diluted EPS was $3.91, which connects the reported earnings outcome with the company’s diluted share count. Against diluted EPS of $2.45 in fiscal 2024, the current result was 59.6% higher. The revenue-to-assets relationship was 0.18x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The reported operating result was $3.20B, capturing profitability after direct costs and the operating expenses reflected in the statements. The operating result equaled 24.7% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. Net income came to $1.76B, completing the progression from revenue through gross and operating profitability to the final reported result. Measured against reported revenue, net income produced a 13.6% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $2.27B of earnings, providing a bridge between the operating result and final net income. Pretax income represented 17.5% of revenue, placing earnings before tax in the context of the company’s operating scale. The company recognized $497.95M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 21.9% of pretax income, showing the tax burden absorbed by the year’s earnings. Return on period-end equity was 10.3%, relating annual net income to the equity capital on the balance sheet.

Liquidity and Capital Structure

At period end, the $71.89B asset base was financed through $54.66B of liabilities and $17.01B of equity. At period end, current assets of $5.81B compared with current liabilities of $7.82B, defining the company’s short-term resource position. The current ratio was 0.74x; current liabilities exceeded current assets, leaving a short-term liquidity deficit. The company held $1.93B in cash and equivalents, a narrower liquidity measure than total current assets. The cash balance equaled 24.7% of current liabilities, showing how much near-term coverage came from cash alone. Total debt was $30.28B, establishing the amount of borrowing carried within the company’s capital structure. The debt-to-equity relationship was 1.78x, showing how much debt the company carried for each unit of book equity. Relative to total assets, debt measured 42.1%, showing how much of the asset base was matched by borrowing. Relative to total assets, liabilities measured 76.0%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 2.7% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $64.79B in fiscal 2024, the current asset base moved 11.0% and finished higher.

Cash Flow and Earnings Quality

Cash flow from operations was $5.15B, a reported cash inflow that can be compared directly with net income and capital spending. Operating cash flow equaled 2.93x of net income, showing how strongly accounting earnings converted into cash from operations. Capital spending was $7.68B, absorbing part of the cash generated from operations before free cash flow. Relative to operating cash flow, capital expenditures measured 149.2%, connecting investment intensity with the company’s cash-generation base. Negative free cash flow was $2.53B, leaving a cash deficit after capital spending and reducing financial flexibility. Relative to revenue, the post-investment cash deficit represented 19.6%. The free-cash-flow deficit equaled 3.5% of total assets, placing the cash shortfall against the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.