CENTERPOINT ENERGY INC CNP
This combined Form 10-K is filed separately by three registrants: CenterPoint Energy, Inc., CenterPoint Energy Houston Electric, LLC and CenterPoint Energy Resources Corp. Information contained herein relating to any individual Registrant is filed by such Registrant solely on its own behalf. No Registrant makes any representation as to information relating to the other Registrants or the subsidiaries of CenterPoint Energy, Inc. other than itself or its subsidiaries. Except as discussed in Note 12 to the consolidated financial statements, no Registrant has an obligation in respect of any other Registrant's debt securities, and holders of such debt securities should not consider the financial resources or results of operations of any Registrant other than the obligor in making a decision with respect to such securities.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.34B | $8.55B | $8.61B | $9.33B | $8.26B | $7.35B | $7.51B | $6.28B | $5.66B | $5.71B |
| Cost of revenue | $4.0M | $3.0M | $99.0M | $204.0M | $208.0M | $257.0M | $257.0M | $40.0M | $33.0M | $1.98B |
| Gross profit | $9.33B | $8.55B | $8.51B | $9.12B | $8.05B | $7.09B | $7.25B | $6.24B | $5.63B | $3.73B |
| Total operating expenses | $7.25B | $6.65B | $6.94B | $7.75B | $6.99B | $6.38B | $6.49B | $5.41B | $4.70B | $6.50B |
| Operating income | $2.11B | $1.99B | $1.76B | $1.57B | $1.36B | $1.04B | $1.07B | $868.0M | $1.00B | $1.02B |
| Interest expense | $903.0M | $838.0M | $701.0M | $524.0M | — | — | $528.0M | $361.0M | $313.0M | — |
| Pre-tax income | $1.25B | $1.21B | $1.09B | $1.42B | $778.0M | $563.0M | $545.0M | $551.0M | $930.0M | $686.0M |
| Income tax | $195.0M | $195.0M | $170.0M | $360.0M | $110.0M | $80.0M | $30.0M | $155.0M | $778.0M | $254.0M |
| Net income | $1.05B | $1.02B | $917.0M | $1.06B | $1.49B | -$773.0M | $791.0M | $368.0M | $1.79B | $432.0M |
| EPS, basic | 1.61 | 1.58 | 1.37 | 1.60 | 2.35 | -1.79 | 1.34 | 0.74 | 4.16 | 1.00 |
| EPS, diluted | 1.60 | 1.58 | 1.37 | 1.59 | 2.28 | -1.79 | 1.33 | 0.74 | 4.13 | 1.00 |
| Shares, diluted (wtd. avg.) | $655.6M | $644.1M | $633.2M | $632.3M | $609.9M | $531.0M | $505.2M | $452.5M | $434.3M | $433.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $38.0M | $24.0M | $109.0M | $91.0M | $254.0M | $167.0M | $271.0M | $4.28B | $296.0M | $381.0M |
| Short-term investments | $510.0M | $561.0M | $541.0M | $510.0M | $1.44B | $871.0M | $822.0M | $540.0M | $960.0M | $953.0M |
| Receivables | $806.0M | $717.0M | $710.0M | $889.0M | $690.0M | $676.0M | $702.0M | $586.0M | $1.00B | $740.0M |
| Total current assets | $5.70B | $4.38B | $3.03B | $4.70B | $7.36B | $2.92B | $3.94B | $7.11B | $3.40B | $2.92B |
| Property, plant and equipment | $34.06B | $32.09B | $29.85B | $27.14B | $23.48B | $22.36B | $20.62B | $14.02B | $13.06B | $12.31B |
| Goodwill | $3.55B | $3.94B | $4.16B | $4.29B | $4.29B | $4.70B | $4.88B | $757.0M | $867.0M | $862.0M |
| Other intangibles | — | — | — | $38.0M | $44.0M | $50.0M | $58.0M | $1.0M | $74.0M | $49.0M |
| Total assets | $46.53B | $43.77B | $39.72B | $38.55B | $37.68B | $33.47B | $35.53B | $27.09B | $22.74B | $21.83B |
| Accounts payable | $1.30B | $1.32B | $917.0M | $1.35B | $1.20B | $853.0M | $884.0M | $761.0M | $963.0M | $657.0M |
| Short-term debt | $2.41B | $566.0M | $1.06B | $2.02B | $545.0M | $1.92B | $868.0M | $482.0M | $645.0M | $1.02B |
| Total current liabilities | $6.26B | $4.04B | $3.86B | $5.11B | $4.29B | $4.83B | $3.98B | $3.38B | $3.07B | $3.08B |
| Long-term debt | $20.57B | $20.40B | $17.56B | $14.84B | $15.56B | $11.52B | $14.24B | $8.68B | $8.20B | $7.53B |
| Retained earnings | $2.04B | $1.57B | $1.09B | $709.0M | $154.0M | -$845.0M | $632.0M | $349.0M | $543.0M | -$668.0M |
| Total equity | $11.15B | $10.67B | $9.67B | $10.04B | $9.41B | $8.35B | $8.36B | $8.06B | $4.69B | $3.46B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.49B | $2.14B | $3.88B | $1.81B | $22.0M | $2.00B | $1.64B | $2.14B | $1.42B | $1.92B |
| Depreciation and amortisation | $1.53B | $1.44B | $1.40B | $1.29B | $1.32B | $1.19B | $1.23B | $1.23B | $1.02B | $1.13B |
| Capital expenditure | $4.87B | $4.51B | $4.40B | $4.42B | $3.16B | $2.60B | $2.51B | $1.65B | $1.43B | $1.41B |
| Investing cash flow | -$4.02B | -$4.49B | -$4.23B | -$1.63B | -$1.85B | -$1.26B | -$8.42B | -$1.21B | -$1.26B | -$1.03B |
| Financing cash flow | $1.55B | $2.27B | $374.0M | -$345.0M | $1.92B | -$834.0M | $2.78B | $3.05B | -$245.0M | -$808.0M |
| Dividends paid | $574.0M | $522.0M | $485.0M | $440.0M | $385.0M | $392.0M | $577.0M | $499.0M | $461.0M | $443.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001130310-26-000008.
Others in SIC 4911
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| NEE | NEXTERA ENERGY INC | $173.98B | 25.3x | 9.8% |
| CEG | Constellation Energy Corp | $105.92B | 40.4x | 19.5% |
| AEP | AMERICAN ELECTRIC POWER CO INC | $67.74B | 18.7x | 8.7% |
| D | DOMINION ENERGY, INC | $57.90B | 19.1x | 16.5% |
| VST | Vistra Corp. | $50.11B | 68.5x | 19.1% |
| DTE | DTE ENERGY CO | $28.31B | 19.4x | — |
| FE | FIRSTENERGY CORP | $27.05B | 26.6x | 12.0% |
| ES | EVERSOURCE ENERGY | $26.76B | 15.6x | 14.3% |