Entergy Operating Income from 2010 to 2024
| ETR Stock | USD 152.50 1.44 0.95% |
Operating Income | First Reported 1985-09-30 | Previous Quarter 567.6 M | Current Value 1.1 B | Quarterly Volatility 405.8 M |
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.
Entergy | Operating Income |
Latest Entergy's Operating Income Growth Pattern
Below is the plot of the Operating Income of Entergy over the last few years. Operating Income is the amount of profit realized from Entergy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Entergy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Entergy's Operating Income 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.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Entergy Operating Income Regression Statistics
| Arithmetic Mean | 1,486,746,226 | |
| Geometric Mean | 1,422,889,793 | |
| Coefficient Of Variation | 71.07 | |
| Mean Deviation | 762,784,048 | |
| Median | 1,769,195,000 | |
| Standard Deviation | 1,056,659,626 | |
| Sample Variance | 1116529.6T | |
| Range | 4.1B | |
| R-Value | 0.04 | |
| Mean Square Error | 1200030.8T | |
| R-Squared | 0 | |
| Significance | 0.87 | |
| Slope | 10,524,406 | |
| Total Sum of Squares | 15631413.9T |
Entergy Operating Income History
Other Fundumenentals of Entergy
Entergy Operating Income component correlations
Click cells to compare fundamentals
About Entergy Financial Statements
Entergy shareholders use historical fundamental indicators, such as Operating Income, 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 Reported | Projected for Next Year | ||
| Operating Income | 2.6 B | 1.6 B | |
| Non Operating Income Net Other | -72.3 M | -68.7 M |
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 |
| 0.76 | ES | Eversource Energy | PairCorr |
| 0.74 | FE | FirstEnergy | PairCorr |
| 0.58 | AEP | American Electric Power | PairCorr |
| 0.52 | ED | Consolidated Edison | 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.