Entergy (ETR) FY2023 results: revenue $12.1 billion, down 11.7% on the year
Entergy Corp. (ETR) reported revenue of $12.1 billion for fiscal 2023, the year ended 31 December 2023, down 11.7% on the year before. Net income was $2.4 billion, up 113.6%, and diluted earnings per share $5.55. The figures are the company's own, from the 10-K it filed with the SEC on 18 February 2025.
Revenue
$12.1 billion
-11.7% on the year
FY2016FY2023
Operating margin
21.6%
14.9% a year earlier
FY2016FY2023
Net income
$2.4 billion
+113.6% on the year
FY2016FY2023
Diluted EPS
$5.55
+106.7% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ 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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
4,294
2,585
2,301
+66.1%
Capital expenditure
4,441
5,065
168
-12.3%
Free cash flow
-146
-2,480
2,132
Free cash flow margin
-1.2%
-18.0%
18.2%
Cash from investing
-4,629
-5,710
-6,179
Cash from financing
243
2,906
2,562
-91.6%
Depreciation and amortisation
2,052
1,985
1,991
+3.4%
Dividends paid
918
842
775
+9.1%
Dividend per share
$2.17
$2.05
$1.93
+5.9%
Diluted shares, weighted
425m
411m
404m
+3.3%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
14,623
12,967
11,637
+12.8%
Non-controlling interest
120
97.9
68.1
+23.0%
Redeemable equity
219
219
219
0.0%
Short-term borrowings
n/a
828
1,201
Debt
26,246
25,933
25,881
+1.2%
Operating lease liabilities
147
n/a
n/a
Finance lease liabilities
72.2
n/a
n/a
Other liabilities
18,276
18,551
20,447
-1.5%
Total liabilities and equity
59,703
58,595
59,454
+1.9%
Fixed assets
419
366
358
+14.2%
Goodwill
374
377
377
-0.8%
Investments
5,675
4,992
6,031
+13.7%
Cash and equivalents
133
224
443
-40.9%
Receivables
1,393
1,495
1,370
-6.8%
Other assets
51,710
51,140
50,876
+1.1%
Total assets
59,703
58,595
59,454
+1.9%
10-K for the year ended 31 December 2023, filed 18 February 2025: the filing.