Entergy (ETR) Operating Margin (2009 - 2026)
Entergy (ETR) recorded Operating Margin of 33.93% in Q3 2026, up 4.58 percentage points from 29.36% a year earlier and up 9.81 percentage points from the prior quarter.
Entergy (ETR) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Entergy's Operating Margin came in at 24.57% as of Sep 30, 2026, down 1.55 percentage points year-over-year; for FY2025, it was 24.73%, up 2.42 percentage points from FY2024.
- Annual Operating Margin has increased for three straight years, with a five-year change of +7.24 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 22.32% in FY2024 (+0.76 pp), 21.55% in FY2023 (+6.65 pp), 14.90% in FY2022 (-0.82 pp) and 15.72% in FY2021 (-1.78 pp).
- The Q3 2026 figure is the highest quarterly Operating Margin in data going back to Q1 2009.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of +2.80 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 24.17 percentage points in Q2 2023, against a drop of 6.99 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.13% (Q2 2026), 17.95% (Q1 2026) and 18.44% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 29.10% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | 29.34% |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 32.44% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 33.93% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 30.17% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 26.52% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 33.93% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | - |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | 28.55% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.93% |
| Jun 30, 2026 | 24.13% |
| Mar 31, 2026 | 17.95% |
| Dec 31, 2025 | 18.44% |
| Sep 30, 2025 | 29.36% |
| Jun 30, 2025 | 25.16% |
| Mar 31, 2025 | 24.59% |
| Dec 31, 2024 | 24.42% |
| Sep 30, 2024 | 33.22% |
| Jun 30, 2024 | 20.91% |
| Mar 31, 2024 | 8.52% |
| Dec 31, 2023 | 9.42% |
| Sep 30, 2023 | 31.80% |
| Jun 30, 2023 | 26.56% |
| Mar 31, 2023 | 15.50% |
| Dec 31, 2022 | 13.72% |
| Sep 30, 2022 | 22.63% |
| Jun 30, 2022 | 2.39% |
| Mar 31, 2022 | 19.67% |
| Dec 31, 2021 | 12.55% |
Entergy Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=ETR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "ETR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=ETR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();