Latest Ratios: P/E Ratio 5.4x · EV/EBITDA 0.3x · ROE 28.7%. (2012–2025 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 | $236M | $248M | $238M | $205M | $218M | $240M | $264M | $238M | $196M | $237M | — |
| Enterprise Value | $3.3B | $3.3B | $20.0B | $19.1B | $17.4B | $15.1B | $14.6B | $13.8B | $10.5B | $11.5B | — |
| P/E Ratio → | 5.43 | 5.71 | 0.05 | 0.10 | 0.12 | 0.41 | 0.17 | 0.14 | 0.25 | 0.17 | — |
| P/S Ratio | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 | — |
| P/B Ratio | 0.04 | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | — |
| P/FCF | 0.02 | 0.03 | 0.61 | — | — | — | — | — | — | — | — |
| P/OCF | 0.02 | 0.03 | 0.02 | 0.07 | 0.11 | 0.09 | 0.09 | 0.08 | 0.07 | 0.12 | — |
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 | — | 0.11 | 1.77 | 1.89 | 1.50 | 1.64 | 1.76 | 1.64 | 1.24 | 1.38 | — |
| EV / EBITDA | 0.26 | 0.26 | 1.69 | 4.04 | 4.37 | 7.13 | 4.08 | 3.69 | 2.94 | 3.06 | — |
| EV / EBIT | 0.45 | 0.40 | 8.05 | 6.51 | 6.32 | 6.20 | 6.01 | 5.41 | 4.32 | 4.33 | — |
| EV / FCF | — | 0.33 | 51.60 | — | — | — | — | — | — | — | — |
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 | 74.7% | 74.7% | 54.1% | 49.1% | 154.1% | 44.4% | 50.1% | 46.3% | 44.0% | 46.7% | 44.1% |
| Operating Margin | 24.7% | 24.7% | 62.4% | 27.9% | 20.3% | 6.1% | 23.7% | 30.3% | 28.8% | 31.8% | 29.0% |
| Net Profit Margin | 14.7% | 14.7% | 38.8% | 20.6% | 15.7% | 6.3% | 19.0% | 20.5% | 9.4% | 17.0% | 15.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 28.7% | 28.7% | 19.5% | 10.3% | 10.0% | 3.5% | 10.0% | 11.7% | 6.0% | 12.0% | 11.8% |
| ROA | — | — | 7.5% | 3.8% | 3.6% | 1.2% | 3.4% | 4.1% | 2.1% | 3.9% | 3.9% |
| ROIC | 20.6% | 20.6% | 12.7% | 5.5% | 5.2% | 1.4% | 5.0% | 7.2% | 7.6% | 8.7% | 8.3% |
| ROCE | — | — | 13.4% | 5.8% | 5.2% | 1.3% | 4.8% | 6.7% | 7.0% | 8.2% | 8.0% |
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 | 0.46 | 0.46 | 0.84 | 0.88 | 0.93 | 0.87 | 0.87 | 0.90 | 0.72 | 1.01 | 0.95 |
| Debt / EBITDA | 0.24 | 0.24 | 1.68 | 3.99 | 4.41 | 7.03 | 4.01 | 3.64 | 2.88 | 3.22 | 3.16 |
| Net Debt / Equity | — | 0.46 | 0.84 | 0.88 | 0.91 | 0.86 | 0.87 | 0.90 | 0.72 | 0.94 | 0.95 |
| Net Debt / EBITDA | 0.24 | 0.24 | 1.67 | 3.99 | 4.32 | 7.01 | 4.00 | 3.62 | 2.88 | 3.00 | 3.16 |
| Debt / FCF | — | 0.31 | 50.98 | — | — | — | — | — | — | — | 54.77 |
| Interest Coverage | 2.54 | 2.54 | 0.91 | — | 1.36 | — | — | — | — | — | — |
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 | — | — | 0.72 | 0.72 | 0.52 | 0.62 | 0.67 | 0.60 | 0.63 | 0.87 | 0.58 |
| Quick Ratio | — | — | 0.72 | 0.49 | 0.36 | 0.40 | 0.45 | 0.43 | 0.44 | 0.66 | 0.36 |
| Cash Ratio | — | — | 0.02 | 0.00 | 0.06 | 0.01 | 0.00 | 0.01 | 0.00 | 0.22 | 0.00 |
| Asset Turnover | — | — | 0.18 | 0.18 | 0.22 | 0.19 | 0.18 | 0.19 | 0.21 | 0.23 | 0.24 |
| Inventory Turnover | — | — | — | 3.77 | 11.21 | 5.61 | 4.76 | 5.84 | 6.28 | 5.42 | 6.03 |
| 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 | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | — |
| Payout Ratio | — | — | 67.1% | 89.2% | 93.3% | 282.4% | 97.9% | 91.6% | 176.0% | 90.6% | 98.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 18.4% | 17.5% | 1848.9% | 1015.8% | 832.0% | 243.7% | 595.7% | 722.4% | 403.7% | 596.2% | — |
| FCF Yield | 100.0% | 3945.8% | 163.0% | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | — |
| Shares Outstanding | — | $11M | $11M | $9M | $9M | $9M | $9M | $9M | $9M | $9M | $9M |
Regulatory and capital intensity
According to quarterly financial data, Georgia Power's ROE has trended downward to 3.1% in 2025Q4, suggesting that the company is currently struggling to earn its authorized return following the massive capital deployment and subsequent depreciation burden associated with the completion of the Vogtle nuclear units.
The persistent gap between historical performance and typical regulatory expectations suggests that the company is facing significant regulatory lag. Investors should monitor whether the Georgia Public Service Commission permits future rate adjustments to bridge this profitability shortfall or if the current ROE levels represent a new, lower baseline for the utility.
As reported in recent financial statements, the company's interest coverage ratio fell to 1.04 in 2025Q4, indicating that the massive debt load incurred during the construction cycle is severely pressuring the utility's ability to service its obligations from current operating income.
The fluctuation in debt-to-capital ratios suggests an unstable capital structure that may require further equity support or refinancing. This precarious coverage level warrants investigation into whether the company's credit quality is being maintained through parent-level support or if it remains vulnerable to further interest rate volatility.
Based on the reported 197.5% dividend payout ratio in 2025Q4, the company's current dividend policy appears disconnected from its underlying cash generation, raising significant concerns regarding the long-term sustainability of payouts while the utility remains in a heavy capital expenditure phase.
The extreme variance in payout ratios over the last ten quarters suggests that dividends are not currently supported by stable free cash flow. Investors should consider whether this payout level is intended to signal confidence or if it represents a structural risk to the company's internal funding capacity.
The P/E ratio is frequently misapplied to GPJA, as the reported 5.51 TTM P/E fails to account for the non-cash earnings volatility inherent in the utility's heavy AFUDC accounting and the recent completion of major capital projects, which distort traditional valuation benchmarks.
Using a standard P/E ratio obscures the true earnings power of the utility by ignoring the regulatory nature of its cash flows. Analysts should instead focus on the relationship between the rate base growth and the allowed ROE, as these are the primary drivers of value in a regulated environment.
Includes 30+ ratios · 14 years · Updated daily
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Quick answers to the most common questions about buying GPJA stock.
Georgia Power Company 5% JR SUB NT 77's current P/E ratio is 5.4x. The historical average is 0.8x. This places it at the 89th percentile of its historical range.
Georgia Power Company 5% JR SUB NT 77's current EV/EBITDA is 0.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 3.5x.
Georgia Power Company 5% JR SUB NT 77's return on equity (ROE) is 28.7%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 12.3%.
Based on historical data, Georgia Power Company 5% JR SUB NT 77 is trading at a P/E of 5.4x. This is at the 89th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Georgia Power Company 5% JR SUB NT 77's current dividend yield is 100.00%.
Georgia Power Company 5% JR SUB NT 77 has 74.7% gross margin and 24.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Georgia Power Company 5% JR SUB NT 77's Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.