Latest Ratios: P/E Ratio 5.1x · EV/EBITDA 7.2x · ROE 10.9%. (1996–2025 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 | $9.2B | $9.4B | $9.0B | $8.3B | $10.2B | $10.8B | $10.2B | $8.5B | $9.0B | $7.6B |
| Enterprise Value | $40.2B | $40.1B | $37.8B | $35.4B | $35.1B | $37.1B | $33.2B | $29.9B | $26.1B | $24.9B | $21.6B |
| P/E Ratio → | 5.14 | 5.23 | 8.88 | 3.83 | 7.54 | 9.13 | 7.79 | 8.23 | 9.94 | 21.77 | — |
| P/S Ratio | 0.72 | 0.71 | 0.79 | 0.74 | 0.61 | 0.87 | 1.07 | 0.94 | 0.77 | 0.81 | 0.70 |
| P/B Ratio | 0.52 | 0.53 | 0.61 | 0.60 | 0.63 | 0.86 | 0.97 | 0.97 | 0.93 | 1.09 | 0.91 |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | 1.80 | 1.79 | 2.09 | 2.10 | 3.22 | 4.44 | 4.02 | 3.62 | 3.55 | 3.42 | 2.52 |
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 | — | 3.10 | 3.19 | 2.92 | 2.55 | 3.16 | 3.29 | 2.75 | 2.37 | 2.24 | 2.00 |
| EV / EBITDA | 7.19 | 7.17 | 7.43 | 7.29 | 8.28 | 9.08 | 8.26 | 8.37 | 10.40 | 7.23 | 16.55 |
| EV / EBIT | 13.16 | 11.11 | 14.59 | 13.23 | 17.17 | 17.32 | 16.06 | 16.33 | 48.98 | 15.25 | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
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 | 29.9% | 29.9% | 48.3% | 43.9% | 38.3% | 41.5% | 44.1% | 38.4% | 33.6% | 37.7% | 14.3% |
| Operating Margin | 23.6% | 23.6% | 22.3% | 21.6% | 14.9% | 15.7% | 17.5% | 12.8% | 4.3% | 12.3% | -7.5% |
| Net Profit Margin | 13.7% | 13.7% | 8.9% | 19.4% | 8.0% | 9.5% | 13.9% | 11.6% | 7.8% | 3.8% | -5.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.9% | 10.9% | 7.0% | 16.7% | 8.7% | 9.7% | 13.0% | 12.9% | 10.0% | 5.2% | -6.3% |
| ROA | 2.6% | 2.6% | 1.7% | 4.0% | 1.9% | 1.9% | 2.6% | 2.5% | 1.8% | 0.9% | -1.2% |
| ROIC | 5.0% | 5.0% | 4.7% | 4.8% | 3.9% | 3.8% | 4.2% | 3.7% | 1.4% | 4.4% | -2.8% |
| ROCE | 5.0% | 5.0% | 4.7% | 5.0% | 3.9% | 3.5% | 3.6% | 3.1% | 1.1% | 3.2% | -1.9% |
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 | 1.80 | 1.80 | 1.90 | 1.77 | 2.03 | 2.29 | 2.16 | 1.92 | 2.00 | 2.04 | 1.84 |
| Debt / EBITDA | 5.53 | 5.53 | 5.75 | 5.46 | 6.37 | 6.69 | 6.01 | 5.63 | 7.22 | 4.85 | 11.68 |
| Net Debt / Equity | — | 1.79 | 1.85 | 1.77 | 2.02 | 2.26 | 2.01 | 1.88 | 1.95 | 1.94 | 1.70 |
| Net Debt / EBITDA | 5.53 | 5.53 | 5.58 | 5.43 | 6.32 | 6.59 | 5.57 | 5.51 | 7.03 | 4.62 | 10.77 |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | 2.70 | 2.70 | 2.25 | 2.66 | 2.07 | 2.57 | 2.64 | 2.47 | 0.75 | 2.46 | -1.07 |
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 | 0.73 | 0.73 | 0.70 | 0.52 | 0.51 | 0.51 | 0.62 | 0.51 | 0.50 | 0.61 | 1.07 |
| Quick Ratio | 0.50 | 0.50 | 0.41 | 0.27 | 0.30 | 0.32 | 0.46 | 0.34 | 0.34 | 0.43 | 0.80 |
| Cash Ratio | 0.25 | 0.25 | 0.14 | 0.02 | 0.04 | 0.07 | 0.25 | 0.08 | 0.09 | 0.16 | 0.37 |
| Asset Turnover | — | 0.18 | 0.18 | 0.20 | 0.23 | 0.20 | 0.17 | 0.21 | 0.23 | 0.24 | 0.24 |
| Inventory Turnover | 4.93 | 4.93 | 3.42 | 4.23 | 6.38 | 5.74 | 4.98 | 6.90 | 8.40 | 7.61 | 10.59 |
| 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 | 11.9% | 11.7% | 10.5% | 10.2% | 10.1% | 7.6% | 6.9% | 7.0% | 7.7% | 7.0% | 8.1% |
| Payout Ratio | 60.6% | 60.6% | 92.5% | 38.9% | 76.7% | 69.3% | 53.2% | 56.6% | 75.1% | 147.9% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 19.5% | 19.1% | 11.3% | 26.1% | 13.3% | 10.9% | 12.8% | 12.2% | 10.1% | 4.6% | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.5% | 0.6% | 0.2% | 1.5% |
| Total Shareholder Yield | 11.9% | 11.7% | 10.5% | 10.2% | 10.1% | 7.6% | 6.9% | 7.5% | 8.3% | 7.2% | 9.6% |
| Shares Outstanding | — | $450M | $432M | $425M | $411M | $404M | $402M | $394M | $367M | $361M | $358M |
Regulatory and weather-related volatility
According to the provided financial data, ELC trades at a P/E of 5.12 and a dividend yield of 11.9%, figures that appear highly anomalous and likely reflect the utility's unique status as a subsidiary rather than a standalone, publicly traded entity with standard market pricing.
The extremely low P/E ratio suggests that standard equity valuation models are ineffective for this entity, as the market likely prices the security based on its collateralized debt characteristics rather than earnings growth. Investors should monitor the dividend yield, which appears unsustainable if the company continues to rely on external capital infusions to fund its massive infrastructure requirements.
Based on quarterly financial statements, ELC's earned ROE has fluctuated between 0.3% and 6.8% over the last ten quarters, indicating a significant gap between actual performance and the typical authorized returns expected in a regulated utility environment.
This volatility suggests that regulatory lag, driven by the timing of storm cost recovery and capital investment cycles, frequently prevents the utility from achieving its full allowed return. The inconsistent ROE performance warrants further investigation into the LPSC's willingness to grant timely rate relief for the company's aggressive capital expenditure program.
As reported in recent balance sheet filings, the debt-to-capital ratio has remained elevated, hovering around 0.66, which indicates a heavy reliance on debt financing to support the utility's ongoing, capital-intensive grid modernization and generation fleet maintenance projects.
The high leverage levels appear to constrain the company's financial flexibility, leaving little room for error during periods of extreme weather events. Investors should monitor the interest coverage ratio, which has shown significant instability, potentially signaling increased credit risk if the utility's ability to recover costs through rate cases is delayed.
According to the provided data, the dividend payout ratio has experienced extreme swings, reaching as high as 120.4% in 2025Q4, which suggests that dividend payments are not consistently covered by organic operating cash flow and may be subsidized by external financing.
The reliance on external capital to fund both the dividend and the massive CAPEX program appears to be a structural weakness that could threaten long-term payout stability. A payout ratio that frequently exceeds 100% indicates that the utility is essentially borrowing to pay its shareholders, which is a practice that warrants close scrutiny.
The most commonly misapplied metric for ELC is the standard P/E ratio, which fails to account for the utility's heavy reliance on regulatory assets and non-cash AFUDC income that artificially inflate reported earnings during periods of high capital expenditure.
Using P/E to value this utility obscures the underlying cash flow reality, as it ignores the fact that a large portion of net income is tied to future recovery rather than current cash generation. Analysts should instead focus on the relationship between rate base growth and the regulatory allowed ROE to better gauge the utility's true earnings power.
Includes 30+ ratios · 30 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying ELC stock.
Entergy Louisiana, LLC COLLATERAL TR MT's current P/E ratio is 5.1x. The historical average is 9.1x. This places it at the 11th percentile of its historical range.
Entergy Louisiana, LLC COLLATERAL TR MT's current EV/EBITDA is 7.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.0x.
Entergy Louisiana, LLC COLLATERAL TR MT's return on equity (ROE) is 10.9%. The historical average is 9.6%.
Based on historical data, Entergy Louisiana, LLC COLLATERAL TR MT is trading at a P/E of 5.1x. This is at the 11th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Entergy Louisiana, LLC COLLATERAL TR MT's current dividend yield is 11.88% with a payout ratio of 60.6%.
Entergy Louisiana, LLC COLLATERAL TR MT has 29.9% gross margin and 23.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Entergy Louisiana, LLC COLLATERAL TR MT's Debt/EBITDA ratio is 5.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.