Entergy Texas (Entergy Texas) EBIT : $455.95 Mil (TTM As of Mar. 2024)

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What is Entergy Texas EBIT?

Entergy Texas's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $73.79 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $455.95 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Entergy Texas's annualized ROC % for the quarter that ended in Mar. 2024 was 2.67%. Entergy Texas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Entergy Texas EBIT Historical Data

The historical data trend for Entergy Texas's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Entergy Texas EBIT Chart

Entergy Texas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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147.67

292.10

338.16

444.86

458.58

Entergy Texas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															76.42	134.36	214.66	33.14	73.79

Competitive Comparison of Entergy Texas's EBIT

For the Utilities - Regulated Electric subindustry, Entergy Texas's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Entergy Texas's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Entergy Texas's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Entergy Texas's EV-to-EBIT falls into.

Entergy Texas EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $455.95 Mil.

Entergy Texas (NYSE:ETIp.PFD) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Entergy Texas's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	251.816 * ( 1 - 19.12% )	/	( (7654.288	+	7612.32)	/ 2 )
=	203.6687808	/	7633.304
=	2.67 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	8056.572	-	380.298	-	( 21.986	-	max(0, 436.534	-	889.411	+	21.986	))
=	7654.288

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	8106.198	-	315.942	-	( 177.936	-	max(0, 377.622	-	748.101	+	177.936	))
=	7612.32

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Entergy Texas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	295.176	/	( ( (6425.504 + max(3.7630000000001, 0))	+	(6611.505 + max(44.109, 0)) )	/	2 )
=	295.176	/	( ( 6429.267	+	6655.614 )	/	2 )
=	295.176	/	6542.4405
=	4.51 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(86.984	+	173.867	+	179.446)	-	(380.298	+	39.999	+	16.237)
=	3.7630000000001

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(84.981	+	193.919	+	142.831)	-	(315.942	+	40.695	+	20.985)
=	44.109

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Entergy Texas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	455.95	/	0.000
	=	%

Entergy Texas EBIT Related Terms

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Entergy Texas (Entergy Texas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Entergy Texas Inc (NYSE:ETIp.PFD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

2107 Research Forest Drive, The Woodlands, TX, USA, 77380

Website

https://www.entergy-texas.com

Entergy Texas Inc. is an integrated energy company engaged primarily in electric power production and retail electric distribution operations.

Executives

Reginald T Jackson	officer: SVP, Chief Accounting Officer	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Norgeot Peter S Jr	director	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVENUE, 26TH FLOOR, NEW ORLEANS LA 70113
Eliecer Viamontes	director, officer: Chairman and CEO	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Andrew S Marsh	director, officer: EVP & Chief Financial Officer	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Roderick K West	director, officer: Group President, Utility Ops	1600 PERDIDO STREET, BLDG 505, NEW ORLEANS LA 70112
Marcus V Brown	officer: EVP & General Counsel	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FL., NEW ORLEANS LA 70113
Paul D Hinnenkamp	director	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Kimberly A. Fontan	officer: SVP, Chief Accounting Officer	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Leo P Denault	officer: Officer under Section 16 Rules
Sallie T Rainer	director, officer: Chair and CEO	C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113

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