Latest Ratios: P/E Ratio 5.2x · EV/EBITDA 2.3x · ROE 11.0%. (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 | $9.4B | $9.6B | $4.7B | $4.1B | $5.1B | $5.4B | $5.2B | $4.1B | $4.5B | $3.8B |
| Enterprise Value | $12.2B | $12.3B | $11.9B | $7.0B | $6.4B | $7.3B | $7.2B | $6.8B | $5.4B | $5.8B | $4.8B |
| P/E Ratio → | 5.16 | 5.34 | 9.04 | 24.35 | 20.79 | 30.58 | 38.46 | 43.44 | 32.66 | 41.92 | 35.22 |
| P/S Ratio | 0.72 | 0.73 | 0.80 | 2.61 | 2.52 | 3.64 | 4.34 | 3.95 | 3.05 | 3.79 | 3.45 |
| P/B Ratio | 0.54 | 0.56 | 0.63 | 2.13 | 2.01 | 2.79 | 3.24 | 3.39 | 3.15 | 3.79 | 3.39 |
| P/FCF | 14.85 | 14.98 | 1078.95 | — | — | — | — | — | 102.34 | — | — |
| P/OCF | 14.85 | 14.98 | 11.61 | 8.41 | 10.10 | 14.60 | 18.03 | 15.36 | 9.73 | 20.04 | 17.81 |
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 | 1.00 | 3.87 | 3.96 | 5.17 | 5.78 | 5.14 | 4.02 | 4.84 | 4.41 |
| EV / EBITDA | 2.31 | 2.33 | 2.55 | 11.66 | 11.52 | 14.23 | 16.19 | 18.15 | 26.94 | 15.80 | 13.29 |
| EV / EBIT | 3.81 | 3.33 | 4.49 | 20.79 | 20.60 | 25.57 | 30.53 | 7.10 | 6.98 | 6.51 | 5.52 |
| EV / FCF | — | 19.56 | 1341.63 | — | — | — | — | — | 134.72 | — | — |
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% | 35.4% | 45.2% | 44.7% | 42.6% | 37.4% | 33.6% | 37.1% | 41.6% |
| Operating Margin | 24.7% | 24.7% | 22.3% | 18.6% | 19.2% | 20.2% | 18.9% | 15.4% | 3.5% | 18.7% | 20.7% |
| Net Profit Margin | 13.6% | 13.6% | 8.9% | 10.7% | 12.2% | 11.9% | 11.3% | 9.1% | 9.4% | 9.1% | 9.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.0% | 11.0% | 12.2% | 9.1% | 10.2% | 9.5% | 8.7% | 8.5% | 10.1% | 9.4% | 9.8% |
| ROA | 0.1% | 0.1% | 16.0% | 3.1% | 3.4% | 3.2% | 2.9% | 2.8% | 3.2% | 2.9% | 3.0% |
| ROIC | 12.9% | 12.9% | 18.2% | 5.7% | 5.6% | 5.7% | 5.4% | 5.4% | 1.4% | 7.3% | 8.3% |
| ROCE | 0.1% | 0.1% | 79.9% | 6.3% | 6.0% | 5.9% | 5.4% | 5.3% | 1.3% | 6.5% | 7.2% |
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 | 0.16 | 1.03 | 1.15 | 1.19 | 1.07 | 1.06 | 1.03 | 1.06 | 1.01 |
| Debt / EBITDA | 0.57 | 0.57 | 0.53 | 3.79 | 4.22 | 4.30 | 4.03 | 4.35 | 6.66 | 3.46 | 3.09 |
| Net Debt / Equity | — | 0.17 | 0.15 | 1.02 | 1.15 | 1.17 | 1.07 | 1.02 | 1.00 | 1.05 | 0.94 |
| Net Debt / EBITDA | 0.54 | 0.54 | 0.50 | 3.78 | 4.19 | 4.21 | 4.03 | 4.22 | 6.48 | 3.44 | 2.88 |
| Debt / FCF | — | 4.58 | 262.67 | — | — | — | — | — | 32.38 | — | — |
| Interest Coverage | 2.61 | 2.61 | 2.20 | 0.32 | 0.33 | 0.33 | 0.28 | 1.19 | 1.00 | 1.26 | 1.25 |
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 | 0.09 | 0.48 | 0.56 | 1.11 | 0.55 | 0.76 | 0.64 | 0.94 | 1.14 |
| Quick Ratio | 751.22 | 751.22 | 0.09 | 0.32 | 0.45 | 0.91 | 0.37 | 0.59 | 0.51 | 0.67 | 0.83 |
| Cash Ratio | 0.02 | 0.02 | 0.03 | 0.01 | 0.02 | 0.12 | 0.00 | 0.12 | 0.08 | 0.02 | 0.25 |
| Asset Turnover | — | 0.00 | 1.70 | 0.29 | 0.27 | 0.25 | 0.25 | 0.28 | 0.34 | 0.31 | 0.30 |
| Inventory Turnover | 0.11 | 0.11 | — | 10.43 | 8.91 | 9.73 | 9.34 | 11.33 | 14.97 | 8.54 | 6.95 |
| 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 | — | — | 0.5% | 0.8% | — | — | 0.2% | — | 0.3% | 0.6% | 0.7% |
| Payout Ratio | — | — | 4.2% | 20.8% | — | — | 7.1% | — | 8.8% | 24.7% | 25.1% |
| 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% | 18.7% | 11.1% | 4.1% | 4.8% | 3.3% | 2.6% | 2.3% | 3.1% | 2.4% | 2.8% |
| FCF Yield | 6.7% | 6.7% | 0.1% | — | — | — | — | — | 1.0% | — | — |
| 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% | 0.5% | 0.8% | 0.0% | 0.0% | 0.2% | 0.0% | 0.3% | 0.6% | 0.7% |
| Shares Outstanding | — | $450M | $432M | $212M | $201M | $202M | $201M | $197M | $183M | $181M | $179M |
Regulatory recovery lag risk
As reported in recent financial data, Entergy Mississippi trades at a P/E of 5.17, which appears significantly compressed compared to broader utility sector averages, suggesting that the market may be discounting the entity due to its specific intra-company financing structure and reliance on parent-level capital allocation.
The low P/E ratio likely reflects the utility's status as a subsidiary rather than an independent public entity, where valuation is less about growth expectations and more about the stability of the regulatory compact. Investors should monitor whether this valuation discount persists as the company continues its transition toward solar generation, which may eventually improve the quality of its earnings profile.
Based on the provided quarterly figures, the earned ROE has exhibited extreme variance, reaching as high as 107.0% in 2025Q2 before normalizing to 2.2% in 2026Q1, which indicates that reported returns are heavily influenced by non-recurring accounting adjustments rather than consistent operational performance within the regulatory framework.
The wide swings in ROE suggest that the utility's profitability is frequently impacted by the timing of rate base inclusions and potential regulatory asset adjustments. Analysts should interpret these figures with caution, as the underlying earnings power remains tied to the MPSC-authorized ROE, which provides a more stable long-term anchor than the volatile quarterly data suggests.
According to the reported balance sheet data, the debt-to-capital ratio has fluctuated significantly, ranging from 0.14 to 0.88, which suggests that the utility's leverage is managed through complex intra-company arrangements that may not reflect the true credit risk profile of the regulated electric segment.
The extreme variance in leverage ratios warrants further investigation into how Entergy Corp manages capital across its subsidiaries. This instability in the capital structure may indicate that the utility is being utilized as a flexible financing vehicle, which could complicate traditional credit analysis for institutional investors.
As noted in financial statements, the P/E ratio is the most commonly misapplied metric for this utility, as it fails to account for the non-cash nature of AFUDC and the distortive impact of intra-company financing on the reported earnings base of a regulated subsidiary.
Comparing this utility's P/E to industrial peers obscures the reality that its earnings are fundamentally constrained by the regulatory compact rather than market-driven growth. Investors should instead focus on the rate base growth and the consistency of the Formula Rate Plan, which provide a more accurate assessment of the utility's long-term value creation potential.
Includes 30+ ratios · 22 years · Updated daily
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Quick answers to the most common questions about buying EMP stock.
Entergy Mississippi, Inc. 1M BD 66's current P/E ratio is 5.2x. The historical average is 28.2x.
Entergy Mississippi, Inc. 1M BD 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 13.3x.
Entergy Mississippi, Inc. 1M BD 66's return on equity (ROE) is 11.0%. The historical average is 56.8%.
Based on historical data, Entergy Mississippi, Inc. 1M BD 66 is trading at a P/E of 5.2x. Compare with industry peers and growth rates for a complete picture.
Entergy Mississippi, Inc. 1M BD 66 has 66.8% gross margin and 24.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Entergy Mississippi, Inc. 1M BD 66's Debt/EBITDA ratio is 0.6x, indicating low leverage. A ratio below 2x is generally considered financially healthy.