CenterPoint Energy, Inc.

Electric Services

CNPStrained6 of 11 basics passed

$38.60

+0.47%

Market cap $25.4B

$38.60

+0.47%

Market cap $25.4B

CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio.

It is a $25.4B utility company. Revenue grew 7.1% over the last year, it keeps 12¢ of every dollar of sales as profit, and it carries $20.5B of net debt. It trades at 22.8× earnings — around the middle of its own history.

Website: centerpointenergy.com
Location: Houston, TX
Employees: 8 794
Sector: Utilities

Share price · 3 years

$27.47 → $38.60+40.5%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $9.62B
Profit: keeps 12¢ of every $1 sold; $1.12B
Free cash flow: cash left after running the business; -$2.69B
Net debt: debt minus cash on hand; $20.5B
P/E: years of profit in the price; 22.8
EPS: earnings per share, TTM; $1.70
Dividend: pays out 53% of profit; 2.32%
Shares: up 51% since 2016 — dilution; 655.6M
Volatility: beta vs the market — under 1 swings less; 0.45

Revenue, last 10 years

52-week range

Low $36.62$38.60High $45.04

Today's price is 24% of the way from the year's low to its high.

P/E vs its history5y

22.8×median 20.9×

Higher than 65% of past days — around the middle of its own history.

Valuation vs own history

P/E

22.8×

36%

P/S

2.6×

29%

EV/EBITDA

23.7×

P/B

2.2×

27%

Share of the last ~5 years that was pricier than today (pricier than usual). Based on the daily valuation record.

Insider activity · 90 days

+$40.7Knet buying

Purchases$40.7K

Sales$0

Insiders trading, last 14d0 buy · 0 sell

Standing in Utilities

Size$25.4Btop 65%
Revenue growth-1%top 74%
Net margin6%top 91%
Return on equity10%top 63%
P/E22.8×top 74%
Dividend yield2.32%top 85%

Ranked against 44 Utilities companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation, Growth, Profitability, Health and Moat lag behind.

Valuation45

P/E vs own history65th pct · 5/25
FCF yield-10.6% · 0/25
P/S3.4x · 20/25
EV/EBITDA12.8x · 20/25

Growth26

Revenue CAGR2.9% · 6/25
Net income CAGR-8.3% · 0/25
EPS CAGR ~5Yn/a · 0/25
Fwd implied growth22.8% · 20/25

Profitability49

ROIC3.3% · 5/25
ROE9.8% · 12/25
Net margin11.6% · 20/25
Operating margin12.7% · 12/25

Health27

Altman Zn/a · 0/25
Current ratio1.12 · 12/25
Interest coverage2.4x · 10/25
Net cash / debtD/A 44% · 5/25

Quality55

Piotroski F6/9 · 15/25
Beneish M-2.40 · 20/25
FCF conversion-241% · 0/25
Margin stabilityσ 5.5% · 20/25

Moat25

ROIC >12% years0/10 yrs · 0/25
Median gross margin97.0% · 25/25
FCF-positive years2/10 yrs · 0/25
Worst-year net marginworst -10.4% · 0/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

Feb 1, 2019Acquisition
The merger was completed and Vectren was delisted from the NYSE
FY2018Financial
Revenue crossed $10B
$10.6B for the year
Apr 23, 2018Acquisition
CenterPoint Energy and Vectren Corporation announced they had entered into a definitive merger…
FY2017Financial
Best year on record
$1.79B net income
FY2016Financial
First recorded profitable year
$432M net income
FY2016Financial
Revenue already above $1B
$7.53B in first reported year

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$14 755 today — price return only

$9.4B revenue in FY2025

Revenue up 7.1% year over year

Profitable 5 years in a row

8 794 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

No standout strengths in the available data.

Watch-outs

Negative free cash flow (-$2.7B)
Loss-making in 1 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

6 of 11 checks passed

Revenue growing — the company sells more than a year ago+7.1% YoY
Profitable — makes more than it spends$1.12B TTM
Profit growing — earnings are higher than last year-1.4% YoY
Generates cash — cash left after running and investing-$2.69B TTM
Debt under control — could handle its obligationscurrent ratio 1.12
Established company — not a micro-cap — lower blow-up risk$25.4B market cap
Not printing shares — share count not ballooning — you keep your slice+23.5% shares over ~5y
Proven track record — years of profitability behind it9/10 profitable years
Financially stable — balance sheet not near distresshealth score 22/100
Pays a dividend — returns cash to shareholdersyield 2.32%
Valuation not extreme — price not wildly above earningsP/E 22.8

Peer comparisonCenterPoint Energy, Inc. vs 6 largest utilities peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
CNP this company	$25.4B	22.8	+7.1%	11.6%	Strained
NEE NextEra Energy, Inc.	$161.3B	17.4	+10.8%	32.4%	Strained
CEG Constellation Energy Corporation	$105.8B	30.5	+26.0%	11.1%	Strained
SO The Southern Company	$99.1B	21.3	+6.4%	15.4%	Strained
DUK Duke Energy Corporation	$90.9B	17.3	+6.3%	15.8%	Strained
WMB Williams Companies Inc.	$89.2B	29.0	+8.7%	25.2%	Strained
KMI Kinder Morgan, Inc.	$72.4B	20.9	+12.5%	19.3%	Strained

Head-to-head: CNP vs NEE · CNP vs CEG · CNP vs SO

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 4Buy 8Hold 11

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $9.62B · net income $1.12B (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$9.62B

YoY 7.1%

Net income (TTM)

$1.12B

Margin 11.6%

Operating margin

12.7%

P/E ratio

22.8

Dividend yield

2.32%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	7.4	8.4	9.3	8.7	8.6	9.4
Gross profit	7.2	8.1	9.1	8.6	8.6	9.4
Operating income (EBIT)	1.0	1.4	1.6	1.8	2.0	2.1
Net income	-0.8	1.5	1.1	0.9	1.0	1.1
EPS (diluted)	-1.46	2.44	1.67	1.45	1.58	1.60

Cash flowFree cash flow -$2.69B · operating cash flow $2.58B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

-$2.69B

Margin -28.0%

Operating cash flow (TTM)

$2.58B

FCF margin

-28.0%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	2.0	0.0	1.8	3.9	2.1	2.5
Capital expenditure	-2.6	-3.2	-4.4	-4.4	-4.5	-4.9
Free cash flow	-0.6	-3.1	-2.6	-0.5	-2.4	-2.4
FCF margin	-8.1%	-37.6%	-28.0%	-6.0%	-27.5%	-25.5%

Balance sheetAssets $46.5B · net debt $20.5B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $46.5B of assets is financed

76%

24%

Liabilities $35.4B — borrowed moneyEquity $11.2B — owners' stake

Cash vs debt

Total debt $21.1B − cash $548M = net debt $20.5B

Cash on hand covers 3% of debt.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

2.4x

EBIT ÷ interest expense

ROE

9.8%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	1.0	1.7	0.6	0.6	0.6	0.5
Total assets	33.5	37.7	38.5	39.7	43.8	46.5
Total liabilities	25.1	28.3	28.5	30.0	33.1	35.4
Total debt	11.5	15.6	15.3	17.6	20.9	21.1
Equity	8.3	9.4	10.0	9.7	10.7	11.2
Net debt	10.5	13.9	14.8	16.9	20.3	20.5

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of CNP on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $38.60 · market cap $25.4B.