Demonstrações financeiras detalhadas de Entergy New Orleans, LLC (ENO): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Entergy New Orleans, LLC registou receitas de $12.95B no último exercício, com um CAGR de 5 anos de 82.8%. O lucro líquido atingiu $1.76B, com CAGR de 5 anos de 104.4%.
Margens dos últimos 12 meses: margem bruta 83.9%, margem operacional 22.9%, margem líquida 13.3%.
Ao preço atual de $20.98, ENO negocia a um P/L de 5.28 e um ROE de 289.18%. A capitalização de mercado é de $177M.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $665.5M | $716.1M | $717.4M | $686.2M | $633.8M | $11.74B | $997.3M | $843.9M | $11.88B | $12.95B |
| Custo da Receita | $456.5M | $501.2M | $509.7M | $484.6M | $446.1M | 0 | $715.9M | $558.6M | $3.74B | $4.30B |
| Lucro Bruto | $209.0M | $214.8M | $207.7M | $201.6M | $187.7M | $11.74B | $281.4M | $285.3M | $8.14B | $8.65B |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | 0 | 0 | $4.2M | $3.8M | $5.4M | 0 | $7.1M | $4.6M | $5.49B | 0 |
| Despesas Operacionais | $108.1M | $118.4M | $133.5M | $133.0M | $123.3M | $9.90B | $160.3M | $213.5M | $5.49B | $5.45B |
| Lucro Operacional | $100.9M | $96.4M | $74.2M | $68.7M | $64.4M | $1.85B | $121.1M | $71.9M | $2.65B | $3.20B |
| EBITDA | $152.6M | $149.4M | $134.3M | $128.6M | $133.8M | $3.83B | $205.2M | $157.7M | $4.66B | $5.76B |
| Despesas com Juros | $700.5M | $707.2M | $768.3M | $807.4M | $838.0M | $834.7M | $34.2M | $1.05B | $1.20B | $1.41B |
| Lucro Antes de Impostos | $77.6M | $77.8M | $50.7M | $52.8M | $45.1M | $1.31B | $88.4M | $39.0M | $1.44B | $2.27B |
| Imposto | $28.7M | $33.3M | -$2.4M | $186000 | -$4.2M | $191.4M | $24.3M | -$190.0M | $386.6M | $513.0M |
| Lucro Líquido | $47.9M | $43.7M | $53.2M | $52.6M | $49.3M | $1.12B | $64.1M | $228.9M | $1.06B | $1.76B |
| LPA | $5.68 | $0.24 | $0.29 | $0.27 | $0.25 | $5.57 | $0.31 | $1.08 | $2.47 | $3.98 |
| LPA Diluído | $5.68 | $0.24 | $0.29 | $0.27 | $0.25 | $5.54 | $0.31 | $1.08 | $2.45 | $3.91 |
| Ações em Circulação (Diluídas) | $8.4M | $180.5M | $183.4M | $197.0M | $201.1M | $201.9M | $205.5M | $212.4M | $431.6M | $450.2M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $3.81B | $2.96B | $3.19B | $3.52B |
| Lucro Bruto | $2.77B | $1.82B | $3.19B | $3.52B |
| Lucro Operacional | $1.12B | $545.7M | $572.2M | $850.1M |
| EBITDA | $1.78B | $2.27B | $858.3M | $2.38B |
| Lucro Líquido | $693.8M | $235.8M | $384.9M | $482.6M |
| LPA | $1.55 | $0.52 | $0.84 | $1.05 |
| LPA Diluído | $1.53 | $0.51 | $0.83 | $1.03 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $103.1M | $32.7M | $19.7M | $6.0M | $26000 | $42.9M | $4.5M | $26000 | $31.8M | $110.3M |
| Investimentos de Curto Prazo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $1.88B |
| Contas a Receber | $75.5M | $91.6M | $87.5M | $76.8M | $86.7M | $156.3M | $268.6M | $92.2M | $98.1M | $90.9M |
| Estoque | $10.3M | $12.3M | $13.7M | $15.4M | $18.5M | $22.2M | $28.4M | $33.3M | $166.4M | $31.4M |
| Ativos Circulantes | $212.3M | $179.0M | $134.1M | $112.4M | $118.7M | $242.4M | $326.2M | $152.5M | $192.1M | $249.2M |
| Imobilizado | $920.5M | $980.3M | $1.13B | $1.27B | $1.44B | $1.60B | $1.56B | $1.62B | $1.45B | $1.53B |
| Ágio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $367.6M | $367.6M |
| Ativos Intangíveis | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Totais | $1.49B | $1.50B | $1.58B | $1.74B | $1.94B | $2.15B | $2.21B | $2.10B | $2.22B | $2.06B |
| Contas a Pagar | $75.2M | $77.2M | $80.1M | $87.2M | $115.0M | $192.0M | $110.5M | $116.5M | $1.93B | $2.57B |
| Dívida de Curto Prazo | $2.1M | $2.1M | $2.0M | $26.8M | $1.6M | $1.3M | $171.3M | $86.3M | $79.1M | $85.7M |
| Passivos Circulantes | $122.8M | $128.4M | $157.3M | $183.9M | $166.1M | $249.9M | $338.6M | $252.7M | $230.1M | $233.2M |
| Dívida de Longo Prazo | $428.5M | $418.4M | $467.4M | $534.1M | $640.6M | $786.8M | $604.3M | $591.2M | $656.3M | $571.1M |
| Passivos Totais | $1.05B | $1.08B | $1.13B | $1.24B | $1.33B | $1.51B | $1.51B | $1.29B | $1.53B | $1.45B |
| Reservas | $221.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $12.01B | $12.70B |
| Patrimônio Líquido | $446.7M | $415.5M | $444.9M | $497.6M | $606.9M | $638.7M | $702.8M | $806.8M | $697.6M | $608.0M |
| Dívida Total | $449.0M | $436.9M | $483.7M | $568.1M | $650.9M | $797.7M | $785.8M | $688.3M | $749.8M | $668.3M |
| Dívida Líquida | $345.9M | $404.1M | $464.0M | $562.1M | $650.9M | $754.8M | $781.4M | $688.3M | $718.0M | $558.0M |
| Capital de Giro | $89.5M | $50.6M | -$23.2M | -$71.5M | -$47.4M | -$7.5M | -$12.4M | -$100.3M | -$38.0M | $16.0M |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $68.7M | $110.3M | $3.57B | $3.85B |
| Ativos Totais | $2.01B | $2.06B | $2.05B | $79.00B |
| Passivos Totais | $1.41B | $1.45B | $58.37B | $60.68B |
| Patrimônio Líquido | $608.4M | $608.0M | $17.35B | $18.23B |
| Dívida Total | $657.9M | $668.3M | $34.06B | $34.63B |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $48.8M | $43.7M | $126.1M | $52.6M | $49.3M | $31.8M | $1.10B | $228.9M | $1.06B | $1.80T |
| Depreciação e Amortização | $51.7M | $241.0M | $55.9M | $56.1M | $64.0M | $73.5M | $2.19B | $262.6M | $2.44B | $2.57T |
| Compensação em Ações | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Variação Capital de Giro | -$197.0M | $97.7M | $8.0M | -$9.1M | -$59.2M | -$344.0M | -$794.9M | $107.9M | $981.3M | $359.64B |
| Fluxo de Caixa Operacional | $205.2M | $127.8M | $171.8M | $115.6M | $64.0M | $78.8M | $2.59B | $203.0M | $4.49B | $5.44T |
| CapEx | -$326.7M | -$113.2M | -$196.2M | -$219.6M | -$224.2M | -$217.9M | -$5.07B | -$162.8M | -$4.84B | -$8.28T |
| Aquisições | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -$821.9M | 0 |
| Recompra de Ações | 0 | 0 | 0 | 0 | 0 | $6.0M | 0 | 0 | -$981.7M | 0 |
| Dividendos Pagos | -$19.7M | -$75.3M | -$23.8M | 0 | 0 | -$793.4M | -$860.0M | -$125.0M | 0 | -$1.13T |
| Fluxo de Caixa Livre | -$121.5M | $14.6M | -$24.5M | -$104.0M | -$160.2M | -$139.1M | -$2.48B | $40.1M | -$349.8M | -$2.83T |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $2.13B | $85.9M | -$3.7M | $1.89B |
| CapEx | -$2.05B | -$48.0M | -$35.3M | -$2.78B |
| Fluxo de Caixa Livre | $79.9M | $37.9M | -$39.0M | -$885.7M |
| Dividendos Pagos | -$798.4M | 0 | 0 | -$297.6M |
| Compensação em Ações | 0 | 0 | 0 | 0 |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +7.6% | +0.2% | -4.3% | -7.6% | +1752.7% | -91.5% | -15.4% | +1307.7% | +9.0% |
| Crescimento Lucro Líquido (anual) | | -8.7% | +21.6% | -1.0% | -6.3% | +2167.0% | -94.3% | +257.2% | +361.1% | +66.6% |
| Crescimento LPA (anual) | | -95.8% | +20.8% | -6.9% | -7.4% | +2128.0% | -94.4% | +248.4% | +128.7% | +61.1% |
| Variação de Ações (anual) | | +2040.1% | +1.6% | +7.4% | +2.1% | +0.4% | +1.8% | +3.3% | +103.2% | +4.3% |
| Crescimento FCF (anual) | | +112.0% | -267.2% | -325.1% | -54.0% | +13.2% | -1682.6% | +101.6% | -971.4% | -809901.2% |
| Margem Bruta | 31.4% | 30.0% | 28.9% | 29.4% | 29.6% | 100.0% | 28.2% | 33.8% | 68.5% | 66.8% |
| Margem Operacional | 15.2% | 13.5% | 10.3% | 10.0% | 10.2% | 15.7% | 12.1% | 8.5% | 22.3% | 24.7% |
| Margem EBITDA | 22.9% | 20.9% | 18.7% | 18.7% | 21.1% | 32.6% | 20.6% | 18.7% | 39.2% | 44.5% |
| Margem Líquida | 7.2% | 6.1% | 7.4% | 7.7% | 7.8% | 9.5% | 6.4% | 27.1% | 8.9% | 13.6% |
| Margem FCF | -18.3% | 2.0% | -3.4% | -15.2% | -25.3% | -1.2% | -248.6% | 4.8% | -2.9% | -21886.8% |
| Taxa Efetiva de Imposto | 37.0% | 42.8% | -4.8% | 0.4% | -9.3% | 14.6% | 27.5% | -487.5% | 26.8% | 22.6% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $-14.40 | $0.08 | $-0.13 | $-0.53 | $-0.80 | $-0.69 | $-12.06 | $0.19 | $-0.81 | $-6294.80 |
| Dividendo por Ação | $2.33 | $0.42 | $0.13 | $0.00 | $0.00 | $3.93 | $4.18 | $0.59 | $0.00 | $2503.79 |
| Ações em Circulação (Básicas) | $8.4M | $179.7M | $183.4M | $197.0M | $201.1M | $200.9M | $205.5M | $211.6M | $427.7M | $442.0M |
O que olhar em Utilities
Negócios regulados com crescimento lento mas dividendos fiáveis. São obrigações com esteroides — olha dívida, juros e consistência do payout.
- ROE regulado (8-12%) — Utilities têm ROE "permitido" pelo regulador. Fora do intervalo = anomalia
- Crescimento EPS 5 anos — Utilities estáveis crescem EPS 4-6% ao ano — mais = anomalia, menos = morto
- Crescimento dividendo 10 anos — Top utilities ("Dividend Aristocrats") sobem dividendo 25+ anos seguidos
- Dívida líquida / EBITDA — Utilities usam muita dívida — >6x com juros altos é alarme
- Interest Coverage — EBITDA / juros. Se cair abaixo de 3x numa subida de juros, o dividendo fica em risco
- Payout Ratio — Em utilities é normalmente alto (60-80%), mas >90% indica stress
Rentabilidade
| Retorno sobre patrimônio | 289.18% |
| Retorno sobre capital investido | 129.53% |
| Retorno sobre ativos | 85.41% |
| Margem bruta | 83.85% |
| Margem operacional | 22.90% |
| Margem líquida | 13.33% |
Saúde financeira
| Dívida / Patrimônio | 1.90 |
| Liquidez corrente | 0.91 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 4.11 | 106.75 | 86.21 | 96.85 | 102.20 | 4.59 | 71.29 | 21.06 | 9.18 | 5.62 |
| P/VP | 0.44 | 11.08 | 10.30 | 10.35 | 8.47 | 8.05 | 6.46 | 5.96 | 13.91 | 16.26 |
| P/V | 0.30 | 6.43 | 6.39 | 7.51 | 8.11 | 0.44 | 4.55 | 5.70 | 0.82 | 0.76 |
| Margem Bruta | 31.4% | 30.0% | 28.9% | 29.4% | 29.6% | 100.0% | 28.2% | 33.8% | 68.5% | 66.8% |
| Margem Operacional | 15.2% | 13.5% | 10.3% | 10.0% | 10.2% | 15.7% | 12.1% | 8.5% | 22.3% | 24.7% |
| Margem Líquida | 7.2% | 6.1% | 7.4% | 7.7% | 7.8% | 9.5% | 6.4% | 27.1% | 8.9% | 13.6% |