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Entergy Texas vs Firstenergy: ETI-P and FE compared
Entergy Texas is the larger company: $4.4B of revenue in its latest quarter (Q3 2026) against $3.7B for Firstenergy (Q2 2026). Entergy Texas is growing faster (+14% against +9% a year earlier). Entergy Texas is more profitable, with an operating margin of 33.9% against 18.4%.
Where the money goes: ETI-P and FE
Entergy Texas (ETI-P) · Q3 2026
Entergy Texas, Q3 2026: revenue $4.4B (+14% year over year), operating margin 33.9%, net earnings $940M, operating cash flow $2.2B. The chart follows the revenue to costs, profit and cash.
Firstenergy (FE) · Q2 2026
Firstenergy, Q2 2026: revenue $3.7B (+9% year over year), operating margin 18.4%, net earnings $288M, operating cash flow $989M. The chart follows the revenue to costs, profit and cash.
| Entergy Texas (ETI-P) | Firstenergy (FE) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $4.4B | $3.7B |
| Revenue growth, Y/Y | +14% | +9% |
| Operating margin | 33.9% | 18.4% |
| Net earnings | $940M | $288M |
| Net margin | 21.5% | 7.8% |
| Operating cash flow | $2.2B | $989M |
| Market value | $10.0B | $27.3B |
| P/E | 5.5× | 20.1× |
| Analysts’ mean target | — | $50.64 |
Where the revenue comes from
Firstenergy
- Distribution services and retail generation: $2.8B (76%)
- Transmission: $686M (19%)
- Other: $205M (6%)
Questions
Which is bigger, Entergy Texas or Firstenergy?
Entergy Texas is the larger company: $4.4B of revenue in its latest quarter (Q3 2026) against $3.7B for Firstenergy (Q2 2026).
Is Entergy Texas or Firstenergy growing faster?
Entergy Texas is growing faster (+14% against +9% a year earlier).
Which is more profitable, Entergy Texas or Firstenergy?
Entergy Texas is more profitable, with an operating margin of 33.9% against 18.4%.
More: Entergy Texas earnings · how Entergy Texas makes money · Firstenergy earnings · how Firstenergy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 2, 2026; 10-Q filed Jul 28, 2026). Fiscal quarters can end on different dates. Not investment advice.