Latest Ratios: P/E Ratio 5.1x · EV/EBITDA 2.3x · ROE 16.4%. (2004–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $9.3B | $9.3B | $1.2B | $1.1B | $944M | $1.3B | $1.3B | $1.3B | $1.0B | $1.2B | $995M |
| Enterprise Value | $12.3B | $12.4B | $6.4B | $5.9B | $5.2B | $5.3B | $5.2B | $4.8B | $4.3B | $4.2B | $3.8B |
| P/E Ratio → | 5.15 | 5.30 | 1.12 | 2.74 | 3.18 | 4.08 | 5.40 | 4.87 | 4.14 | 8.52 | 6.14 |
| P/S Ratio | 0.72 | 0.72 | 0.10 | 0.42 | 0.35 | 0.55 | 0.64 | 0.57 | 0.51 | 0.55 | 0.48 |
| P/B Ratio | 0.54 | 0.55 | 0.26 | 0.29 | 0.25 | 0.36 | 0.40 | 0.41 | 0.35 | 0.49 | 0.44 |
| P/FCF | 14.82 | 14.86 | — | — | — | — | — | 64.15 | — | — | — |
| P/OCF | 14.82 | 14.86 | 1.43 | 1.17 | 1.35 | 2.35 | 2.01 | 1.89 | 4.92 | 2.13 | 1.47 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.95 | 0.54 | 2.21 | 1.93 | 2.26 | 2.47 | 2.14 | 2.07 | 1.95 | 1.82 |
| EV / EBITDA | 2.34 | 2.34 | 1.37 | 6.33 | 5.39 | 6.13 | 6.29 | 6.69 | 9.96 | 6.17 | 5.28 |
| EV / EBIT | 3.85 | 3.35 | 2.42 | 10.96 | 10.16 | 12.10 | 12.80 | 14.82 | 94.34 | 13.62 | 10.57 |
| EV / FCF | — | 19.68 | — | — | — | — | — | 242.45 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 66.8% | 66.8% | 68.5% | 40.7% | 38.3% | 41.6% | 43.2% | 35.7% | 23.8% | 34.0% | 37.5% |
| Operating Margin | 24.7% | 24.7% | 22.3% | 17.2% | 19.0% | 18.7% | 19.3% | 14.5% | 2.2% | 14.3% | 17.2% |
| Net Profit Margin | 13.6% | 13.6% | 8.9% | 15.2% | 11.1% | 13.5% | 11.8% | 11.6% | 12.2% | 6.5% | 7.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.4% | 16.4% | 25.7% | 10.7% | 8.1% | 9.2% | 7.7% | 8.6% | 9.3% | 5.9% | 7.5% |
| ROA | 0.1% | 0.1% | 7.3% | 3.0% | 2.3% | 2.6% | 2.1% | 2.4% | 2.4% | 1.4% | 1.8% |
| ROIC | 16.2% | 16.2% | 21.9% | 4.1% | 4.9% | 4.5% | 4.4% | 3.8% | 0.6% | 4.4% | 5.5% |
| ROCE | 0.1% | 0.1% | 19.7% | 3.7% | 4.3% | 3.8% | 3.7% | 3.2% | 0.5% | 3.4% | 4.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.18 | 0.18 | 1.17 | 1.26 | 1.12 | 1.12 | 1.23 | 1.14 | 1.08 | 1.25 | 1.24 |
| Debt / EBITDA | 0.57 | 0.57 | 1.12 | 5.14 | 4.41 | 4.65 | 4.91 | 4.92 | 7.53 | 4.43 | 3.92 |
| Net Debt / Equity | — | 0.18 | 1.17 | 1.26 | 1.11 | 1.12 | 1.17 | 1.14 | 1.08 | 1.24 | 1.23 |
| Net Debt / EBITDA | 0.57 | 0.57 | 1.12 | 5.14 | 4.40 | 4.64 | 4.67 | 4.92 | 7.53 | 4.42 | 3.90 |
| Debt / FCF | — | 4.82 | — | — | — | — | — | 178.30 | — | — | — |
| Interest Coverage | 2.61 | 2.61 | 2.20 | 0.51 | 0.54 | 0.51 | 0.48 | 0.41 | 0.06 | 0.43 | 0.51 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 756.51 | 756.51 | 1.36 | 0.81 | 0.84 | 1.28 | 0.82 | 1.11 | 0.88 | 0.83 | 1.04 |
| Quick Ratio | 751.22 | 751.22 | 1.36 | 0.46 | 0.55 | 0.81 | 0.55 | 0.71 | 0.59 | 0.56 | 0.73 |
| Cash Ratio | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.02 | 0.18 | 0.01 | 0.00 | 0.01 | 0.03 |
| Asset Turnover | — | 0.00 | 0.79 | 0.19 | 0.21 | 0.19 | 0.17 | 0.20 | 0.20 | 0.21 | 0.22 |
| Inventory Turnover | 0.11 | 0.11 | — | 3.78 | 4.86 | 4.57 | 4.21 | 5.93 | 7.15 | 6.35 | 6.06 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 26.3% | 37.8% | 9.1% | 3.9% | 7.2% | 9.0% | 9.0% | 1.4% | 0.7% |
| Payout Ratio | — | — | 29.4% | 103.7% | 28.9% | 15.8% | 38.7% | 43.7% | 37.1% | 11.9% | 4.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 19.4% | 18.9% | 89.4% | 36.5% | 31.5% | 24.5% | 18.5% | 20.5% | 24.2% | 11.7% | 16.3% |
| FCF Yield | 6.7% | 6.7% | — | — | — | — | — | 1.6% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 26.3% | 37.8% | 9.1% | 3.9% | 7.2% | 9.0% | 9.0% | 1.4% | 0.7% |
| Shares Outstanding | — | $450M | $54M | $52M | $47M | $50M | $50M | $49M | $46M | $47M | $47M |
Regulatory and capital intensity
According to the provided financial data, EAI's P/E ratio of 5.13 and P/B of 0.53 appear significantly disconnected from broader utility sector norms, suggesting that market participants may be misinterpreting the entity's role as a standalone operating company versus a specialized asset-holding vehicle.
The unusually low valuation multiples likely reflect the market's difficulty in pricing an entity whose capital structure is heavily integrated with its parent. Investors should monitor whether these depressed ratios indicate a genuine discount or merely a reflection of the entity's limited autonomy in capital allocation.
Based on reported figures, EAI's ROE has fluctuated from a negative 0.8% in 2024Q1 to an anomalous 107.0% in 2025Q2, indicating that the utility's ability to earn its authorized return is frequently disrupted by non-recurring regulatory adjustments and accounting true-ups.
This extreme variance suggests that the regulatory compact is not currently delivering the stable, predictable returns typically expected from a regulated utility. The lack of consistency in earned ROE warrants further investigation into the effectiveness of the current Formula Rate Plan in mitigating earnings volatility.
As reported in financial statements, EAI's debt-to-capital ratio has swung between 0.14 and 0.92, a range that appears highly inconsistent with standard utility leverage profiles and suggests significant reliance on parent-level financing arrangements to support the entity's capital-intensive grid modernization program.
The erratic nature of these leverage metrics implies that the entity's balance sheet may not capture the full extent of its financial obligations. Analysts should be cautious, as the reported figures likely obscure the true credit risk profile of the utility's operations.
Based on the provided data, the most commonly misapplied metric for EAI is the standard P/E ratio, which fails to account for the distortive impact of regulatory accounting adjustments and the entity's atypical capital structure relative to its parent company, Entergy Corporation.
Using P/E to value EAI ignores the fact that earnings are often driven by regulatory true-ups rather than organic growth. A more appropriate approach would involve focusing on rate base growth and the consistency of regulatory cost recovery, rather than relying on earnings multiples that are inherently noisy.
Includes 30+ ratios · 22 years · Updated daily
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Quick answers to the most common questions about buying EAI stock.
Entergy Arkansas, Inc. 1M BD 4.875%66's current P/E ratio is 5.1x. The historical average is 6.7x. This places it at the 54th percentile of its historical range.
Entergy Arkansas, Inc. 1M BD 4.875%66's current EV/EBITDA is 2.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 5.4x.
Entergy Arkansas, Inc. 1M BD 4.875%66's return on equity (ROE) is 16.4%. The historical average is 57.3%.
Based on historical data, Entergy Arkansas, Inc. 1M BD 4.875%66 is trading at a P/E of 5.1x. This is at the 54th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Entergy Arkansas, Inc. 1M BD 4.875%66 has 66.8% gross margin and 24.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Entergy Arkansas, Inc. 1M BD 4.875%66's Debt/EBITDA ratio is 0.6x, indicating low leverage. A ratio below 2x is generally considered financially healthy.