Summary
Entergy Corporation (ETR) reported its 2023 fiscal year results, operating primarily through its Utility segment, which serves approximately 3 million customers across Arkansas, Louisiana, Mississippi, and Texas. The company generated $12.1 billion in annual revenues and employed about 12,000 individuals as of December 31, 2023. Entergy's strategy focuses on customer-centric utility business growth, emphasizing investments in reliability, resilience, and clean energy while maintaining affordability. The company actively manages risks through customer-driven investments, robust analysis, stakeholder engagement, and regulatory constructs. Entergy continues to integrate sustainability into its operations, covering social responsibility and governance.
Financial Highlights
48 data points| Revenue | $12.15B |
| Operating Expenses | $9.53B |
| Operating Income | $2.62B |
| Interest Expense | $1.05B |
| Net Income | $2.36B |
| EPS (Basic) | $5.57 |
| EPS (Diluted) | $5.55 |
| Shares Outstanding (Basic) | 423.14M |
| Shares Outstanding (Diluted) | 424.75M |
Key Highlights
- 1Entergy Corporation's primary business segment is its Utility operations, serving approximately 3 million electric customers across four states.
- 2The company's strategy is centered on a customer-centric approach to grow its utility business, investing in reliability, resilience, and clean energy.
- 3Entergy has a diverse generation portfolio, increasingly incorporating carbon-free energy sources.
- 4The company operates under a cost-of-service and rate-of-return regulatory framework, with rates determined through regulatory proceedings.
- 5Key risks include utility regulatory risks, nuclear operating risks, business risks such as access to capital markets, and environmental risks including those related to climate change.
- 6Entergy actively manages risks associated with its operations, including fuel and purchased power cost recovery mechanisms and storm restoration cost recovery.