Latest Ratios: P/E Ratio 5.1x · EV/EBITDA 2.3x · ROE 20.0%. (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 | $9.1B | $4.6B | $4.5B | $5.1B | $5.2B | $5.1B | $4.3B | $4.5B | $188M |
| Enterprise Value | $12.3B | $12.4B | $9.8B | $5.3B | $5.3B | $5.9B | $5.8B | $5.7B | $4.8B | $4.9B | $534M |
| P/E Ratio → | 5.14 | 5.32 | 8.60 | 20.07 | 71.16 | 158.38 | 103.32 | 96.11 | 81.59 | 104.04 | 3.93 |
| P/S Ratio | 0.72 | 0.72 | 0.77 | 5.46 | 4.55 | 6.65 | 8.20 | 7.45 | 6.05 | 6.30 | 0.28 |
| P/B Ratio | 0.53 | 0.55 | 13.03 | 5.71 | 6.45 | 8.01 | 8.56 | 10.27 | 9.75 | 10.85 | 0.42 |
| P/FCF | 14.79 | 14.91 | — | 114.69 | — | — | — | — | — | 308.11 | — |
| P/OCF | 14.79 | 14.91 | 11.04 | 22.69 | 12.47 | 64.91 | 81.13 | 44.22 | 25.26 | 35.27 | 0.92 |
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 | — | 0.96 | 0.83 | 6.27 | 5.33 | 7.64 | 9.22 | 8.27 | 6.69 | 6.86 | 0.80 |
| EV / EBITDA | 2.33 | 2.35 | 2.10 | 34.56 | 26.84 | 42.49 | 45.52 | 45.48 | 36.91 | 32.89 | 3.50 |
| EV / EBIT | 3.85 | 3.36 | 3.71 | 69.26 | 41.45 | 82.08 | 83.76 | 78.26 | 61.27 | 50.95 | 5.30 |
| EV / FCF | — | 19.74 | — | 131.83 | — | — | — | — | — | 335.73 | — |
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% | 33.8% | 28.2% | 26.6% | 29.6% | 29.4% | 28.9% | 30.0% | 31.4% |
| Operating Margin | 24.7% | 24.7% | 22.3% | 8.5% | 12.1% | 8.4% | 10.2% | 10.0% | 10.3% | 13.5% | 15.2% |
| Net Profit Margin | 13.6% | 13.6% | 8.9% | 27.1% | 6.4% | 4.1% | 7.8% | 7.7% | 7.4% | 6.1% | 7.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 20.0% | 20.0% | 140.3% | 30.3% | 9.6% | 5.1% | 8.9% | 11.2% | 12.4% | 10.1% | 11.7% |
| ROA | — | — | 48.9% | 10.6% | 2.9% | 1.6% | 2.7% | 3.2% | 3.5% | 2.9% | 3.5% |
| ROIC | 22.5% | 22.5% | 136.6% | 3.6% | 6.3% | 3.7% | 4.2% | 5.2% | 6.4% | 9.0% | 10.7% |
| ROCE | — | — | 138.1% | 3.9% | 6.4% | 3.5% | 3.9% | 4.6% | 5.3% | 7.0% | 8.2% |
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 | 1.07 | 0.85 | 1.12 | 1.25 | 1.07 | 1.14 | 1.09 | 1.05 | 1.01 |
| Debt / EBITDA | 0.57 | 0.57 | 0.16 | 4.49 | 3.97 | 5.77 | 5.07 | 4.55 | 3.72 | 2.93 | 2.94 |
| Net Debt / Equity | — | 0.18 | 1.03 | 0.85 | 1.11 | 1.18 | 1.07 | 1.13 | 1.04 | 0.97 | 0.77 |
| Net Debt / EBITDA | 0.57 | 0.57 | 0.15 | 4.49 | 3.95 | 5.46 | 5.07 | 4.51 | 3.57 | 2.71 | 2.27 |
| Debt / FCF | — | 4.83 | — | 17.14 | — | — | — | — | — | 27.62 | — |
| Interest Coverage | 2.61 | 2.61 | 2.20 | 0.07 | 0.14 | 0.08 | 0.08 | 0.09 | 0.10 | 0.14 | 0.14 |
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 | — | — | 0.83 | 0.60 | 0.96 | 0.97 | 0.71 | 0.61 | 0.85 | 1.39 | 1.73 |
| Quick Ratio | — | — | 0.83 | 0.47 | 0.88 | 0.88 | 0.60 | 0.53 | 0.77 | 1.30 | 1.65 |
| Cash Ratio | — | — | 0.14 | 0.00 | 0.01 | 0.17 | 0.00 | 0.03 | 0.13 | 0.26 | 0.84 |
| Asset Turnover | — | — | 5.34 | 0.40 | 0.45 | 0.36 | 0.33 | 0.40 | 0.46 | 0.48 | 0.45 |
| Inventory Turnover | — | — | — | 16.77 | 25.24 | 25.45 | 24.08 | 31.38 | 37.30 | 40.85 | 44.51 |
| 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 | — | — | 1.4% | 2.7% | — | — | — | — | 0.5% | 1.7% | 10.4% |
| Payout Ratio | — | — | 11.8% | 54.6% | — | — | — | — | 44.7% | 172.3% | 41.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 19.5% | 18.8% | 11.6% | 5.0% | 1.4% | 0.6% | 1.0% | 1.0% | 1.2% | 1.0% | 25.4% |
| FCF Yield | 6.8% | 6.7% | — | 0.9% | — | — | — | — | — | 0.3% | — |
| 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% | 1.4% | 2.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.5% | 1.7% | 10.4% |
| Shares Outstanding | — | $450M | $432M | $212M | $206M | $202M | $201M | $197M | $183M | $181M | $8M |
Regulatory and meteorological volatility
According to the provided financial data, the P/E ratio of 5.24 and P/B of 0.54 appear significantly disconnected from industry norms, suggesting that these valuation multiples are likely distorted by parent-level consolidated reporting rather than reflecting the standalone earnings power of the New Orleans utility subsidiary.
The extremely low P/E ratio warrants skepticism, as it likely reflects consolidated Entergy Corporation earnings rather than the specific, regulated rate-base growth of the New Orleans entity. Investors should monitor whether these multiples represent a genuine discount or merely a failure of the data to isolate the subsidiary's unique regulatory environment.
As reported in the quarterly financial statements, the earned ROE has experienced extreme fluctuations, ranging from a negative 6.3% to a peak of 87.4%, which suggests that the utility's ability to consistently achieve its authorized return is currently compromised by significant non-recurring storm-related restoration costs.
The wide variance in ROE indicates that the company is struggling to maintain a stable regulatory return, likely due to the timing of cost recovery for infrastructure hardening. This volatility suggests that the utility may be experiencing significant regulatory lag, which could impair its ability to attract capital for future grid investments.
Based on the reported figures, the debt-to-capital ratio of 0.14 to 0.63 appears fundamentally inconsistent with the capital-intensive nature of a regulated utility, suggesting that the entity's true leverage is likely obscured by parent-level financing or intercompany arrangements that are not captured in this specific snapshot.
The erratic movement in the debt-to-capital ratio suggests that the subsidiary's balance sheet is heavily reliant on parent-level support, which may mask the true extent of its financial obligations. Analysts should investigate whether this structure creates hidden vulnerabilities if the parent company's credit rating were to face downward pressure.
As indicated by the provided data, the P/E ratio is the most commonly misapplied metric for this utility, as it fails to account for the distortive impact of regulatory assets and parent-level consolidated accounting, which obscures the true earnings power of the localized New Orleans service territory.
Comparing this utility's P/E to broader industrial peers is misleading because it ignores the regulatory compact that anchors earnings to the authorized ROE. Instead of P/E, investors should focus on the relationship between the rate base growth and the allowed ROE to better understand the utility's long-term value creation.
Includes 30+ ratios · 22 years · Updated daily
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Quick answers to the most common questions about buying ENJ stock.
Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052's current P/E ratio is 5.1x. The historical average is 49.4x. This places it at the 14th percentile of its historical range.
Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052'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 20.6x.
Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052's return on equity (ROE) is 20.0%. The historical average is 64.7%.
Based on historical data, Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052 is trading at a P/E of 5.1x. This is at the 14th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052 has 66.8% gross margin and 24.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052's Debt/EBITDA ratio is 0.6x, indicating low leverage. A ratio below 2x is generally considered financially healthy.