Entergy Corporation

NYSE ETR

Download Data

Entergy Corporation Return on Tangible Equity (ROTE) 5 year CAGR for the quarter ending September 19, 2024

Entergy Corporation Return on Tangible Equity (ROTE) 5 year CAGR is NA for the quarter ending September 19, 2024. Return on tangible equity measures the profitability of a company relative to its tangible equity, which is shareholders' equity minus goodwill and intangible assets. It is calculated by dividing the net income by the tangible equity. This ratio indicates the return generated for each unit of tangible equity invested by the shareholders. A higher return on tangible equity suggests better profitability and value creation for the shareholders' tangible investment. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
NYSE: ETR

Entergy Corporation

CEO Mr. Leo P. Denault
IPO Date June 1, 1972
Location United States
Headquarters 639 Loyola Avenue, New Orleans, LA, United States, 70113
Employees 12,000
Sector Utilities
Industry Utilities - regulated electric
Description

Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. It generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans; and distributes natural gas. It also engages in the ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides decommissioning services to other nuclear power plant owners. It generates electricity through gas, nuclear, coal, hydro, and solar power sources. The company sells energy to retail power providers, utilities, electric power co-operatives, power trading organizations, and other power generation companies. The company's power plants have approximately 24,000 megawatts of electric generating capacity. It delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy Corporation was founded in 1913 and is headquartered in New Orleans, Louisiana.

Similar companies

AEP

American Electric Power Co Inc

NA

NA

StockViz Staff

September 19, 2024

Any question? Send us an email