Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052 (ENJ) 10-Year Financial Performance & Capital Metrics

ENJ • • Utilities

UtilitiesElectric UtilitiesMulti-Utility CompaniesDual Electric & Gas Utilities

AboutEntergy New Orleans LLC operates as an electric and gas utility firm. The firm engages in the production and distribution of electricity and gas. The company is headquartered in New Orleans, LA.Show more

Revenue $11.88B +1307.7%
EBITDA $4.66B +2945.6%
Net Income $1.06B +361.1%
Free Cash Flow -$105M -361.0%
EBITDA Margin 39.26% +116.4%
Net Margin 8.89% -67.2%
ROE 140.34% +362.7%
Interest Coverage 2.20 +3106.5%
Debt/Equity 1.07 +26.0%
Net Debt/EBITDA 0.15 -96.6%
CapEx / Revenue 7.82% -59.5%
CapEx Coverage 0.89 -28.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 60.1%
✓Strong 5Y profit CAGR of 82.2%

✗Weaknesses

✗Shares diluted 100.0% in last year
✗Expensive at 13.0x book value

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y32.08%

5Y76.88%

3Y149.07%

TTM156.58%

Profit (Net Income) CAGR

10Y42.74%

5Y82.16%

3Y221.39%

TTM94.11%

EPS CAGR

10Y-3.67%

5Y55.44%

3Y148.32%

TTM-45.56%

ROCE

10Y Avg18.96%

5Y Avg31.16%

3Y Avg49.47%

Latest138.14%

Peer Comparison

Dual Electric & Gas Utilities

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AQNBAlgonquin Power & Utilities Cor		25.60	170.63	-14.03%	-57.66%	-26.75%		1.09
ESEversource Energy	26.15B	69.69	30.70	-0.08%	10.22%	8.3%		1.92
PPLPPL Corporation	26.42B	35.71	29.76	1.8%	12.16%	7.58%		1.19
LNTAlliant Energy Corporation	17.24B	67.06	24.93	-1.14%	19.13%	11.19%		1.49
DDominion Energy, Inc.	51.53B	60.34	24.73	0.46%	14.77%	7.36%		1.38
PEGPublic Service Enterprise Group Incorporated	39.64B	79.41	22.43	-8.43%	17.77%	12.24%		1.42
WECWEC Energy Group, Inc.	35.18B	108.16	22.39	-3.3%	17.76%	12.1%	1.22%	1.59
XELXcel Energy Inc.	44.58B	75.36	21.91	-5.38%	11.01%	9.04%		1.55

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	671.45M	665.46M	716.07M	717.39M	686.22M	633.84M	768.85M	997.33M	843.93M	11.88B
Revenue Growth %	-0.09%	-0.01%	0.08%	0%	-0.04%	-0.08%	0.21%	0.3%	-0.15%	13.08%
Cost of Revenue	493.25M	456.5M	501.24M	509.71M	484.58M	446.11M	563.96M	715.93M	558.6M	3.74B
Gross Profit+	178.2M	208.97M	214.83M	207.68M	201.64M	187.73M	204.89M	281.4M	285.34M	8.14B
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	0.16%	0.17%	0.03%	-0.03%	-0.03%	-0.07%	0.09%	0.37%	0.01%	27.54%
Operating Expenses+	90.85M	110.61M	116.43M	135.79M	124.79M	123.32M	140.23M	160.28M	213.47M	5.49B
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	128.18M	152.63M	149.35M	130.12M	124.76M	128.42M	138.14M	198.06M	153.15M	4.66B
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	0.24%	0.19%	-0.02%	-0.13%	-0.04%	0.03%	0.08%	0.43%	-0.23%	29.46%
Depreciation & Amortization+	43.2M	51.74M	52.95M	55.93M	56.07M	64.01M	73.48M	76.94M	81.28M	2.01B
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	84.97M	100.89M	96.41M	74.19M	68.69M	64.41M	64.66M	121.13M	71.86M	2.65B
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.47%	0.19%	-0.04%	-0.23%	-0.07%	-0.06%	0%	0.87%	-0.41%	35.89%
Interest Expense+	670.1M	700.54M	707.21M	768.32M	807.38M	837.98M	863.71M	940.06M	1.05B	1.2B
Interest Coverage	0.13x	0.14x	0.14x	0.10x	0.09x	0.08x	0.07x	0.13x	0.07x	2.20x
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K
Pretax Income+	70.11M	77.55M	77.83M	50.72M	52.81M	45.13M	37.73M	88.38M	38.97M	1.44B
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	25.19M	28.7M	33.28M	-2.44M	186K	-4.21M	5.94M	24.28M	-189.97M	386.62M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	43.96M	47.88M	43.71M	53.15M	52.63M	49.34M	31.8M	64.1M	228.94M	1.06B
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.46%	0.09%	-0.09%	0.22%	-0.01%	-0.06%	-0.36%	1.02%	2.57%	3.61%
EPS (Diluted)+	5.21	5.68	0.24	0.29	0.27	0.25	0.16	0.31	1.08	2.45
EPS Growth %	0.46%	0.09%	-0.96%	0.21%	-0.07%	-0.07%	-0.36%	0.94%	2.48%	1.27%
EPS (Basic)	5.21	5.68	0.24	0.29	0.27	0.25	0.16	0.31	1.08	2.47
Diluted Shares Outstanding	8.44M	8.44M	180.54M	183.38M	197M	201.1M	201.87M	205.55M	212.38M	431.58M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	1.22B	1.49B	1.5B	1.58B	1.74B	1.94B	2.15B	2.21B	2.1B	2.22B
Asset Growth %	0.2%	0.23%	0%	0.05%	0.1%	0.12%	0.11%	0.03%	-0.05%	0.06%
PP&E (Net)+	665.98M	920.51M	980.33M	1.13B	1.27B	1.44B	1.6B	1.56B	1.62B	0
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	198.07M	212.31M	179.01M	134.07M	112.44M	118.72M	242.43M	326.23M	152.47M	192.06M
Cash & Equivalents	88.88M	103.07M	32.74M	19.68M	6.02M	26K	42.86M	4.46M	26K	31.78M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	15.16M	10.26M	12.27M	13.67M	15.44M	18.53M	22.16M	28.37M	33.32M	0
Other Current Assets	9.87M	13.78M	10.13M	7.61M	9.67M	9.84M	15.77M	19.3M	14.94M	62.14M
Long-Term Investments	3K	7.16M	2.37M	0	0	0	0	0	0	0
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Other Assets	351.09M	354.59M	336.12M	316.14M	356.77M	377.84M	308.8M	328.64M	329.14M	2.03B
Total Liabilities	845.33M	1.05B	1.08B	1.13B	1.24B	1.33B	1.51B	1.51B	1.29B	1.53B
Total Debt+	342.88M	448.99M	436.87M	483.7M	568.08M	650.88M	797.67M	785.84M	688.29M	749.8M
Net Debt	254M	345.93M	404.13M	464.03M	562.06M	650.86M	754.81M	781.38M	688.26M	718.02M
Long-Term Debt	337.91M	428.47M	418.45M	467.36M	534.07M	640.62M	786.84M	604.33M	591.17M	656.33M
Short-Term Borrowings	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Capital Lease Obligations	0	0	0	0	7.17M	8.65M	9.51M	10.21M	10.84M	14.33M
Total Current Liabilities+	132.45M	122.81M	128.38M	157.29M	183.95M	166.08M	249.94M	338.63M	252.73M	230.07M
Accounts Payable	58.94M	75.18M	77.25M	80.1M	87.19M	115M	191.98M	110.55M	116.55M	1.93B
Accrued Expenses	4.91M	5.44M	5.49M	6.37M	6.92M	8.1M	7.99M	8.08M	8.53M	0
Deferred Revenue	0	0	0	0	0	0	0	0	0	462.44M
Other Current Liabilities	63.63M	40.08M	43.57M	68.84M	61.23M	39.28M	46.34M	46.13M	38.7M	-2.24B
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Liabilities	374.98M	496.57M	535.46M	183.39M	514.31M	518.73M	467.63M	558.99M	439.15M	627.93M
Total Equity+	369.81M	446.73M	415.55M	444.95M	497.58M	606.92M	638.72M	702.82M	806.75M	697.6M
Equity Growth %	0.49%	0.21%	-0.07%	0.07%	0.12%	0.22%	0.05%	0.1%	0.15%	-0.14%
Shareholders Equity	369.81M	446.73M	415.55M	444.95M	497.58M	606.92M	638.72M	702.82M	806.75M	15.08B
Minority Interest	0	0	0	0	0	0	0	0	0	0
Common Stock	33.74M	426.95M	415.55M	444.95M	497.58M	606.92M	638.72M	702.82M	806.75M	5.62M
Additional Paid-in Capital	123.79M	0	0	0	0	0	0	0	0	0
Retained Earnings	192.49M	0	0	0	0	0	0	0	0	12.01B
Accumulated OCI	0	0	0	0	0	0	0	0	0	42.77M
Return on Assets (ROA)	0.04%	0.04%	0.03%	0.03%	0.03%	0.03%	0.02%	0.03%	0.11%	0.49%
Return on Equity (ROE)	0.14%	0.12%	0.1%	0.12%	0.11%	0.09%	0.05%	0.1%	0.3%	1.4%
Debt / Equity	0.93x	1.01x	1.05x	1.09x	1.14x	1.07x	1.25x	1.12x	0.85x	1.07x
Debt / Assets	0.28%	0.3%	0.29%	0.31%	0.33%	0.34%	0.37%	0.36%	0.33%	0.34%
Net Debt / EBITDA	1.98x	2.27x	2.71x	3.57x	4.51x	5.07x	5.46x	3.95x	4.49x	0.15x
Book Value per Share	43.84	52.96	2.3	2.43	2.53	3.02	3.16	3.42	3.8	1.62

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	105.07M	205.21M	127.8M	171.78M	115.6M	64.02M	78.81M	363.76M	202.96M	823.65M
Operating CF Growth %	0.18%	0.95%	-0.38%	0.34%	-0.33%	-0.45%	0.23%	3.62%	-0.44%	3.06%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	44.92M	48.85M	44.55M	53.15M	52.63M	49.34M	31.8M	64.1M	228.94M	293.62M
Depreciation & Amortization	43.2M	51.74M	52.95M	55.93M	56.07M	64.01M	73.48M	76.94M	262.62M	338.89M
Deferred Taxes	0	0	-325.71M	-520.55M	0	0	0	0	0	0
Other Non-Cash Items	23.87M	154.03M	-67.36M	54.71M	16.01M	9.92M	34.72M	24.63M	-396.47M	22.96M
Working Capital Changes	-6.93M	-49.41M	97.66M	7.99M	-9.11M	-59.24M	-61.19M	198.09M	107.87M	168.18M
Capital Expenditures+	-173.46M	-326.67M	-113.17M	-196.25M	-219.62M	-224.23M	-217.91M	-403.79M	-162.81M	-928.42M
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-173.46M	-322.68M	-109.5M	-207.62M	-204.31M	-220.84M	-169.92M	-403.79M	-18.8M	-928.42M
Acquisitions	0	0	0	0	0	0	0	0	0	0
Purchase of Investments	0	0	0	0	0	0	0	0	0	0
Sale of Investments	0	0	0	0	0	0	0	0	0	0
Other Investing	-82.94M	3.99M	3.67M	-11.37M	15.31M	3.38M	47.99M	-186.75M	144.01M	-928.42M
Cash from Financing+	114.88M	131.66M	-88.62M	22.77M	75.05M	150.83M	133.95M	1.63M	-188.59M	267.78M
Dividends Paid	-8.21M	-19.68M	-75.33M	-23.75M	0	0	0	0	-125M	-125M
Dividend Payout Ratio %	0.19%	0.41%	1.72%	0.45%	-	-	-	-	0.55%	0.12%
Debt Issuance (Net)	1000K	1000K	-1000K	1000K	1000K	1000K	1000K	-1000K	-1000K	1000K
Stock Issued	0	0	0	0	0	0	3.71M	0	0	0
Share Repurchases	0	0	0	0	0	0	0	0	0	0
Other Financing	87.34M	48.24M	-587K	409K	-1.48M	70.34M	-10.96M	15.16M	35.63M	336.39M
Net Change in Cash+	46.49M	14.19M	-70.33M	-13.06M	-13.66M	-5.99M	42.84M	-38.4M	-4.44M	163.01M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	42.39M	88.88M	103.07M	32.74M	19.68M	6.02M	26K	42.86M	4.46M	21.99M
Cash at End	88.88M	103.07M	32.74M	19.68M	6.02M	26K	42.86M	4.46M	26K	185M
Free Cash Flow+	-68.39M	-121.46M	14.63M	-24.47M	-104.02M	-160.2M	-139.1M	-40.03M	40.15M	-104.77M
FCF Growth %	-4.46%	-0.78%	1.12%	-2.67%	-3.25%	-0.54%	0.13%	0.71%	2%	-3.61%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	14.24%	11.73%	10.14%	12.35%	11.17%	8.93%	5.11%	9.56%	30.33%	140.34%
EBITDA Margin	19.09%	22.94%	20.86%	18.14%	18.18%	20.26%	17.97%	19.86%	18.15%	39.26%
Net Debt / EBITDA	1.98x	2.27x	2.71x	3.57x	4.51x	5.07x	5.46x	3.95x	4.49x	0.15x
Interest Coverage	0.13x	0.14x	0.14x	0.10x	0.09x	0.08x	0.07x	0.13x	0.07x	2.20x
CapEx / Revenue	25.83%	49.09%	15.8%	27.36%	32%	35.38%	28.34%	40.49%	19.29%	7.82%
Dividend Payout Ratio	18.69%	41.11%	172.34%	44.68%	-	-	-	-	54.6%	11.84%
Debt / Equity	0.93x	1.01x	1.05x	1.09x	1.14x	1.07x	1.25x	1.12x	0.85x	1.07x
EPS Growth	46.35%	9.02%	-95.77%	20.83%	-6.9%	-7.41%	-36%	93.75%	248.39%	126.85%

Revenue by Segment

	2014	2018	2020	2021	2022	2023	2024
Electricity, US Regulated	-	-	-	-	-	-	11.63B
Electricity, US Regulated Growth	-	-	-	-	-	-	-
Natural Gas, US Regulated	-	156.44M	124.01M	170.61M	233.92M	180.49M	178.07M
Natural Gas, US Regulated Growth	-	-	-20.73%	37.58%	37.11%	-22.84%	-1.34%
Product and Service, Other	-	-	-	-	-	-	73.85M
Product and Service, Other Growth	-	-	-	-	-	-	-
Electricity	-	9.38B	9.05B	10.87B	13.19B	11.84B	-
Electricity Growth	-	-	-3.60%	20.20%	21.27%	-10.19%	-
Residential	-	3.57B	3.55B	3.98B	-	4.55B	-
Residential Growth	-	-	-0.43%	12.15%	-	-	-
Industrial	-	2.5B	2.33B	2.94B	-	3.17B	-
Industrial Growth	-	-	-6.72%	26.22%	-	-	-
Commercial	-	2.43B	2.29B	2.61B	-	3B	-
Commercial Growth	-	-	-5.51%	13.85%	-	-	-
Sales for Resale	-	299.57M	295.81M	601.89M	-	366.35M	-
Sales for Resale Growth	-	-	-1.25%	103.47%	-	-	-
Other Electric	-	326.91M	348.1M	375.31M	-	352.06M	-
Other Electric Growth	-	-	6.48%	7.82%	-	-	-
Governmental	-	225.88M	212.13M	245.69M	-	270.64M	-
Governmental Growth	-	-	-6.09%	15.82%	-	-	-
Competitive Businesses	-	-	-	-	343.47M	-	-
Competitive Businesses Growth	-	-	-	-	-	-	-
Consolidated Entities	12.49B	-	-	-	-	-	-
Consolidated Entities Growth	-	-	-	-	-	-	-
Utility	9.77B	-	-	-	-	-	-
Utility Growth	-	-	-	-	-	-	-
Entergy Wholesale Commodities	2.72B	-	-	-	-	-	-
Entergy Wholesale Commodities Growth	-	-	-	-	-	-	-
Others	1.82M	-	-	-	-	-	-
Others Growth	-	-	-	-	-	-	-
Intersegment Eliminations	-126K	-	-	-	-	-	-
Intersegment Eliminations Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052 (ENJ) has a price-to-earnings (P/E) ratio of 8.6x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052 (ENJ) reported $10.20B in revenue for fiscal year 2024. This represents a 9% decrease from $11.23B in 2011.

Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052 (ENJ) grew revenue by 1307.7% over the past year. This is strong growth.

Yes, Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052 (ENJ) is profitable, generating $1.51B in net income for fiscal year 2024 (8.9% net margin).

Dividend & Returns

Yes, Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052 (ENJ) pays a dividend with a yield of 1.37%. This makes it attractive for income-focused investors.

Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052 (ENJ) has a return on equity (ROE) of 140.3%. This is excellent, indicating efficient use of shareholder capital.

Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052 (ENJ) had negative free cash flow of $364.2M in fiscal year 2024, likely due to heavy capital investments.

Industry Metrics

Entergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 2052 (ENJ) has a dividend payout ratio of 12%. This suggests the dividend is well-covered and sustainable.

US Stock Screener

...