Entergy Corp vs Xcel Energy Inc

Entergy Corp (ETR) is overvalued and Xcel Energy Inc (XEL) is slightly overvalued.

Both trade above our estimate of their intrinsic value. XEL is the closer of the two: -8%, against -33% for ETR.

Values as of the 22 Sept 2026 close.

Entergy Corp (ETR)

Discounting its cash flows at 7.0% (average of 2 methods) values the shares at $76.04; the price of $101.16 is 33% above that value.

Leak Score 40/100 on 10 of 12 signals

Xcel Energy Inc (XEL)

Discounting its cash flows at 7.7% (average of 2 methods) values the shares at $66.77; the price of $72.06 is 8% above that value.

Leak Score 37/100 on 10 of 12 signals

MetricETRXEL
VerdictOvervaluedSlightly overvalued
Price$101.16$72.06
Intrinsic value$76.04$66.77
Margin of safety-33%-8%
Leak Score40/100 (10/12)37/100 (10/12)
Market cap$48.3B$45.0B
Revenue growth, 5 years5.4%4.9%
Operating margin22.2%21.2%
Net margin13.3%15.3%
Return on equity10.4%9.9%
Debt to equity1.881.73
P/E25.9x19.7x
Forward P/E19.8x15.8x
P/B2.6x1.9x
Dividend yield2.5%3.3%

All stocks in Utilities - Regulated Electric