Entergy (ETR) FY2017 results: revenue $11.1 billion, up 2.1% on the year
Entergy Corp. (ETR) reported revenue of $11.1 billion for fiscal 2017, the year ended 31 December 2017, up 2.1% on the year before. Net income was $412 million, and diluted earnings per share $1.14. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2019.
Revenue
$11.1 billion
+2.1% on the year
FY2009FY2017
Operating margin
12.3%
-7.5% a year earlier
FY2009FY2017
Net income
$412 million
FY2009FY2017
Diluted EPS
$1.14
FY2009FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2012
On the year
Last 8 years
Revenue
11,074
10,846
10,302
+2.1%
Operating income
1,360
-815
1,301
Operating margin
12.3%
-7.5%
12.6%
Interest expense
662
666
569
-0.6%
Pre-tax income
968
-1,382
899
Income tax
543
-817
30.9
Effective tax rate
56.1%
n/a
3.4%
Net income
412
-584
847
Net margin
3.7%
-5.4%
8.2%
Diluted EPS
$1.14
-$1.63
$2.38
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2017
FY2016
FY2012
On the year
Last 8 years
Operating cash flow
2,624
2,999
2,940
-12.5%
Capital expenditure
3,608
2,780
2,675
+29.8%
Free cash flow
-984
218
266
Free cash flow margin
-8.9%
2.0%
2.6%
Cash from investing
-3,841
-3,850
-3,640
Cash from financing
811
688
538
+17.8%
Depreciation and amortisation
2,079
2,123
1,329
-2.1%
Buybacks
0.0
0.0
0.0
Dividends paid
629
612
589
+2.8%
Dividend per share
$1.75
$1.71
$1.66
+2.3%
Diluted shares, weighted
361m
358m
355m
+0.9%
Balance sheet
$ million
FY2017
FY2016
FY2012
On the year
Last 8 years
Shareholders' equity
7,993
8,082
9,197
-1.1%
Non-controlling interest
n/a
n/a
94.0
Redeemable equity
198
203
281
-2.6%
Short-term borrowings
1,578
n/a
n/a
Debt
15,075
14,833
12,639
+1.6%
Other liabilities
21,863
22,787
20,992
-4.1%
Total liabilities and equity
46,707
45,904
43,203
+1.7%
Fixed assets
261
234
256
+11.7%
Goodwill
377
377
377
0.0%
Investments
7,915
6,427
4,929
+23.1%
Cash and equivalents
781
1,188
533
-34.2%
Receivables
1,213
1,170
1,002
+3.7%
Other assets
36,160
36,508
36,106
-1.0%
Total assets
46,707
45,904
43,203
+1.7%
10-K for the year ended 31 December 2017, filed 26 February 2019: the filing.