FirmAtlas
Company handbook · CNP · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
CNP · CIK 1130310 · LATEST FILING: 10-Q JUN '26 · FILED JUL 28, 2026
CenterPoint Energy, Inc.
$40.55
+0.75 (+1.88%)
Close, Oct 16, 2026 · 52-week $36–45
Last fiscal year
CenterPoint Energy, Inc. reported revenue of $9.3B for the year ended Dec 31, 2025 (FY25), up 9.2% from FY24. Net income was $1.1B, operating cash flow $2.5B and free cash flow −$2.4B. Source: 10-K filed Feb 19, 2026.
Market cap
$26.5B
P/E
24.7
EV/EBITDA
12.9x
P/B
2.3
Div yield
2.27%
ROIC
5.7%
Revenue 1Y
9.2%/yr
EPS 1Y
1.3%/yr
Shares 1Y
+0.2%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOJason Wells
HQHouston, TX
AuditorDeloitte & Touche LLP
Year endsDecember
Revenue by segment · FY25
Electric Transmission Distribution52%
Natural Gas48%
Corporate And Other0%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
6.1%
8.7%
13.4%
2.2%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$10.5B deployed
Capex
$9.4B
89.5%
Dividends
$1.1B
10.5%
Operating cash flow over the period: $4.6B. Total debt changed by +$169M.
Capex was more than operating cash flow in FY25.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Mar '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
8,552
9,337+9.2%
9,356
YoY
+9.2%
Gross profit
8,549
9,333+9.2%
9,352
Gross margin
100.0%
100.0%−0.0 pp
—
Operating income
1,990
2,110+6.0%
2,119
Operating margin
23.3%
22.6%−0.7 pp
—
EBITDA
3,429
3,640+6.2%
—
EBITDA margin
40.1%
39.0%−1.1 pp
—
Interest expense
838
903+7.8%
—
Interest coverage
4.09x
4.03x−0.06x
—
Net income
1,019
1,052+3.2%
1,071
YoY
+3.2%
Net margin
11.9%
11.3%−0.6 pp
—
EPS (diluted, $)
1.58
1.60+1.3%
1.63
YoY
+1.3%
Balance sheet
Total assets
43,768
46,534+6.3%
47,837
Cash & short-term investments
591
559−5.4%
—
Accounts receivable
717
806+12.4%
—
Net PP&E
32,089
34,056+6.1%
—
Other assets
10,371
11,113+7.2%
—
Total liabilities
33,102
35,381+6.9%
36,388
Accounts payable
1,320
1,300−1.5%
—
Total debt
20,897
21,066+0.8%
22,476
Other liabilities
10,885
13,015+19.6%
—
Shareholders’ equity
10,666
11,153+4.6%
11,449
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
2,139
2,486+16.2%
2,358
Net income
1,019
1,052+3.2%
—
Depreciation & amortization
1,439
1,530+6.3%
—
Working capital & other
(319)
(96)n/m
—
Cash from investing
(4,489)
(4,016)n/m
—
Capex
(4,513)
(4,870)n/m
—
Investments sold / matured
0
—
—
Other investing
24
854+3458.3%
—
Cash from financing
2,271
1,549−31.8%
—
Debt raised
3,955
3,714−6.1%
—
Debt repaid
(1,050)
(1,579)n/m
—
Dividends
(522)
(574)n/m
—
Shares issued
247
0−100.0%
—
Other financing
(359)
(12)n/m
—
Net change in cash
(79)
19n/m
—
Free cash flow (OCF − capex)
(2,374)
(2,384)n/m
(2,672)
Where the cash went
Operating cash flow
2,139
2,486+16.2%
2,358
Reinvested in the business
4,513
4,870+7.9%
—
% of operating cash flow
211.0%
195.9%
Capex
4,513
4,870+7.9%
5,030
Free cash flow
(2,374)
(2,384)n/m
(2,672)
YoY
n/m
Returned to shareholders
522
574+10.0%
—
% of free cash flow
—
—
Dividends
522
574+10.0%
—
Change in total debt
—
169
—
Cash left over
—
(2,789)
—
FCF conversion (FCF ÷ net income)
−233.0%
−226.6%+6.4 pp
—
Owner earnings
—
(2,397)
—
Owner earnings margin
—
−25.7%
—
Returns & ratios
ROIC (all capital)
5.4%
5.7%+0.3 pp
—
ROIC (operating)
5.3%
5.5%+0.2 pp
—
Net debt / EBITDA
5.92x
5.63x−0.29x
—
Debt / equity
1.96x
1.89x−0.07x
—
ROE
9.6%
9.4%−0.1 pp
—
ROA
2.3%
2.3%−0.1 pp
—
ROCE
5.0%
5.2%+0.2 pp
—
NOPAT
1,670
1,780+6.6%
—
Invested capital (operating)
31,486
33,562+6.6%
—
Invested capital (all)
30,972
31,660+2.2%
—
Reinvestment rate
—
116.6%
—
Net debt is 5.6x EBITDA (FY25).
Income
Jun '25
Sep '25
Dec '25
Mar '26
Revenue
1,953
1,990
2,438
2,975
vs year-ago quarter
Gross profit
1,951
1,989
2,438
2,974
Gross margin
99.9%
99.9%
100.0%
100.0%
Operating income
417
502
542
658
Net income
198
293
264
316
vs year-ago quarter
Net margin
10.1%
14.7%
10.8%
10.6%
EPS (diluted, $)
0.30
0.45
0.40
0.48
vs year-ago quarter
Balance sheet
Jun '25
Sep '25
Dec '25
Mar '26
Total assets
44,099
45,049
46,534
47,837
Cash & equivalents
99
45
559
656
Total debt
21,064
19,900
21,066
22,476
Shareholders’ equity
11,019
11,035
11,153
11,449
Cash flow
Jun '25
Sep '25
Dec '25
Mar '26
Operating cash flow
560
742
774
282
Capex
1,129
1,222
1,481
1,198
Free cash flow
(569)
(480)
(707)
(916)
vs year-ago quarter