Entergy Debt-to-Equity Ratio Growth & History (ETR)
Entergy's debt-to-equity ratio was 1.85 for fiscal 2025.
View full Entergy company overviewEntergy annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.85 | −0.09 | −4.73% |
| 2024 | 2024-12-31 | 1.94 | 0.13 | +7.05% |
| 2023 | 2023-12-31 | 1.82 | −0.25 | −12.04% |
| 2022 | 2022-12-31 | 2.06 | −0.26 | −11.32% |
| 2021 | 2021-12-31 | 2.33 | 0.12 | +5.67% |
| 2020 | 2020-12-31 | 2.20 | 0.23 | +11.91% |
| 2019 | 2019-12-31 | 1.97 | −0.08 | −4.01% |
| 2018 | 2018-12-31 | 2.05 | −0.04 | −1.74% |
| 2017 | 2017-12-31 | 2.09 | 0.25 | +13.49% |
| 2016 | 2016-12-31 | 1.84 | 0.40 | +27.44% |
| 2015 | 2015-12-31 | 1.44 | 0.11 | +8.42% |
| 2014 | 2014-12-31 | 1.33 | 0.02 | +1.49% |
| 2013 | 2013-12-31 | 1.31 | −0.07 | −4.87% |
| 2012 | 2012-12-31 | 1.38 | 0.01 | +0.60% |
| 2011 | 2011-12-31 | 1.37 | −0.00 | −0.18% |
| 2010 | 2010-12-31 | 1.37 | −0.02 | −1.35% |
| 2009 | 2009-12-31 | 1.39 | −0.14 | −9.32% |
| 2008 | 2008-12-31 | 1.53 | — | — |
Entergy quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | 1.96 | −0.07 | −3.59% |
| Q4 2025 | 2025-12-31 | 1.85 | −0.09 | −4.73% |
| Q3 2025 | 2025-09-30 | 1.83 | −0.10 | −5.28% |
| Q2 2025 | 2025-06-30 | 1.88 | −0.10 | −4.98% |
| Q1 2025 | 2025-03-31 | 2.04 | 0.07 | +3.68% |
| Q4 2024 | 2024-12-31 | 1.94 | 0.13 | +7.05% |
| Q3 2024 | 2024-09-30 | 1.93 | −0.08 | −4.07% |
| Q2 2024 | 2024-06-30 | 1.97 | −0.09 | −4.23% |
| Q1 2024 | 2024-03-31 | 1.96 | −0.15 | −7.03% |
| Q4 2023 | 2023-12-31 | 1.82 | −0.25 | −12.04% |
| Q3 2023 | 2023-09-30 | 2.01 | −0.27 | −11.88% |
| Q2 2023 | 2023-06-30 | 2.06 | −0.23 | −10.12% |
| Q1 2023 | 2023-03-31 | 2.11 | −0.33 | −13.37% |
| Q4 2022 | 2022-12-31 | 2.06 | −0.26 | −11.32% |
| Q3 2022 | 2022-09-30 | 2.28 | 0.01 | +0.22% |
| Q2 2022 | 2022-06-30 | 2.29 | −0.04 | −1.58% |
| Q1 2022 | 2022-03-31 | 2.44 | 0.10 | +4.42% |
| Q4 2021 | 2021-12-31 | 2.33 | 0.12 | +5.67% |
| Q3 2021 | 2021-09-30 | 2.28 | 0.23 | +11.19% |
| Q2 2021 | 2021-06-30 | 2.33 | 0.27 | +13.34% |
| Q1 2021 | 2021-03-31 | 2.34 | 0.24 | +11.58% |
| Q4 2020 | 2020-12-31 | 2.20 | 0.23 | +11.91% |
| Q3 2020 | 2020-09-30 | 2.05 | 0.09 | +4.44% |
| Q2 2020 | 2020-06-30 | 2.06 | 0.09 | +4.40% |
| Q1 2020 | 2020-03-31 | 2.09 | — | — |
| Q4 2019 | 2019-12-31 | 1.97 | −0.08 | −4.01% |
| Q3 2019 | 2019-09-30 | 1.96 | −0.24 | −10.76% |
| Q2 2019 | 2019-06-30 | 1.97 | −0.01 | −0.65% |
| Q4 2018 | 2018-12-31 | 2.05 | −0.04 | −1.74% |
| Q3 2018 | 2018-09-30 | 2.20 | 0.49 | +28.40% |
| Q2 2018 | 2018-06-30 | 1.98 | 0.19 | +10.32% |
| Q1 2018 | 2018-03-31 | 2.12 | 0.34 | +19.33% |
| Q4 2017 | 2017-12-31 | 2.09 | 0.25 | +13.49% |
| Q3 2017 | 2017-09-30 | 1.71 | 0.26 | +17.70% |
| Q2 2017 | 2017-06-30 | 1.80 | 0.38 | +26.90% |
| Q1 2017 | 2017-03-31 | 1.77 | 0.24 | +15.87% |
| Q4 2016 | 2016-12-31 | 1.84 | 0.40 | +27.44% |
| Q3 2016 | 2016-09-30 | 1.45 | −0.01 | −0.36% |
| Q2 2016 | 2016-06-30 | 1.42 | 0.14 | +11.31% |
| Q1 2016 | 2016-03-31 | 1.53 | 0.22 | +17.17% |
| Q4 2015 | 2015-12-31 | 1.44 | 0.11 | +8.42% |
| Q3 2015 | 2015-09-30 | 1.46 | 0.20 | +15.86% |
| Q2 2015 | 2015-06-30 | 1.27 | 0.01 | +1.14% |
| Q1 2015 | 2015-03-31 | 1.31 | 0.03 | +2.67% |
| Q4 2014 | 2014-12-31 | 1.33 | 0.02 | +1.49% |
| Q3 2014 | 2014-09-30 | 1.26 | — | — |
| Q2 2014 | 2014-06-30 | 1.26 | — | — |
| Q1 2014 | 2014-03-31 | 1.27 | — | — |
| Q4 2013 | 2013-12-31 | 1.31 | −0.07 | −4.87% |
| Q4 2012 | 2012-12-31 | 1.38 | 0.01 | +0.60% |
| Q2 2012 | 2012-06-30 | 1.38 | −0.05 | −3.23% |
| Q1 2012 | 2012-03-31 | 1.40 | 0.01 | +0.95% |
| Q4 2011 | 2011-12-31 | 1.37 | −0.00 | −0.18% |
| Q2 2011 | 2011-06-30 | 1.42 | 0.09 | +7.09% |
| Q1 2011 | 2011-03-31 | 1.39 | 0.03 | +2.58% |
| Q4 2010 | 2010-12-31 | 1.37 | −0.02 | −1.35% |
| Q3 2010 | 2010-09-30 | 1.38 | 0.03 | +2.34% |
| Q2 2010 | 2010-06-30 | 1.33 | — | — |
| Q1 2010 | 2010-03-31 | 1.35 | — | — |
| Q4 2009 | 2009-12-31 | 1.39 | −0.14 | −9.32% |
| Q3 2009 | 2009-09-30 | 1.35 | — | — |
| Q4 2008 | 2008-12-31 | 1.53 | — | — |
Entergy debt-to-equity ratio trends
Over the last five fiscal years, Entergy's debt-to-equity ratio decreased from 2.20 to 1.85, a change of −0.35. The latest reported quarter, Q1 2026, shows 1.96.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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