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CenterPoint Energy (CNP) stock

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NYSE: CNP NYSE Multi-Utilities Next results ~January 26, 2027

C Fundamentals grade

CenterPoint Energy is a public utility holding company based in Houston, Texas. Through its operating subsidiaries, it owns and runs electric transmission, distribution and generation facilities and natural gas distribution systems. Houston Electric delivers electricity across the Texas Gulf Coast area that includes Houston, while CERC Corp. operates natural gas distribution in Minnesota, Texas, Indiana and Ohio, and SIGECO provides both electricity and gas near Evansville in southwestern Indiana, including its own generation. The group also offers appliance repair and HVAC equipment sales in Minnesota and home repair protection plans.

Its customers include retail electric providers, municipalities, cooperatives, and residential, commercial, industrial and transportation users. Revenue comes mainly from tariff rates set under cost-of-service regulation by state commissions and other bodies, with charges based on energy delivered or peak demand, and gas costs passed through to customers.

The business is organised into Electric, Natural Gas, and Corporate and Other segments. Houston Electric served 2,859,313 metered customers via 67 retail electric providers, and the natural gas business served 4,029,085 customers, as of December 2025.

Based on CenterPoint Energy's 10-K filed February 19, 2026.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$34

Valuation models combined (5)

Base case. Range ~$29–$36. Weighted average of 5 models (utility earnings model, forward price-to-earnings vs peers, justified price-to-book, residual income, dividend discount (two-stage)), the utility earnings model counting double.

Price vs value

Overvalued

The price is above our entire value range; our base value is 20% below it.

Price used: $42.65, November 2, 2026

CenterPoint Energy valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter CenterPoint Energy files

10-Q filed October 27: CenterPoint Energy

Model value +7.9%

CenterPoint Energy's revenue reached $9.82bn in the twelve months to September 2026, up 7.8% on a year earlier and an acceleration from the prior quarter's 7.1% pace. Free-cash-flow margin improved to -28.8%, from -30.7% a year earlier, though it remains deeply negative. Our model value has climbed from $31.77 to $34.27 a share, yet the stock still trades well above that at $42.44. Given this gap, the rating stays Sell.

Source: 10-Q filed October 27, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where CenterPoint Energy stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $9.41bn, up 5.2% on a year earlier, slower than 8.3% a quarter earlier. Free-cash-flow margin rose to -28.4% from -30.1% a year earlier. It passes 1 of our 6 financial-health checks. Our valuation models combined value is $31.58 a share, against a share price of $40.33.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 26, 2027 (estimated)

CenterPoint Energy's trailing-twelve-month revenue grew 7.8% year on year, with a free-cash-flow margin of -28.8%. Where it stands out: change in share count of 1.3% ranks 4 of 17 multi-utilities companies we cover. Where it lags: long-term debt as % of assets of 47.9% ranks 16 of 16 multi-utilities companies we cover.

Current signal Operating margin expanding: TTM operating margin reached 24.4%, up 1.9pp year over year.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in CenterPoint Energy's latest figures clears our strength thresholds.

Things to watch

  • Priced above our value. The share price of $42.65 is 20% above our value per share of $34.
  • Burning cash. Free cash flow was -28.8% of revenue over the last 12 months.
  • High debt. Long-term debt exceeds cash by $23.5bn, more than 1.5 times annual revenue.
  • Weak cash conversion. Free cash flow was -245% of net income over the last 12 months.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 47.9% ranks 16 of 16 multi-utilities companies we cover (median 39.5%).

Latest results: FY2026 Q3

Filed October 27, 2026
Earnings per share
$0.53 against an average estimate of $0.50: beat by 6.2%
Revenue
$2.19bn, up 10.2% on a year earlier
Share reaction
+0.9% in the first session after the results on October 27, 2026, against +0.9% for the S&P 500
Guidance given
non-GAAP EPS $1.9 to $1.92 (2026); non-GAAP EPS $2.07 to $2.09 (2027)
Next report
October 27, 2026; average EPS estimate $0.43

CenterPoint Energy's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.5%
  • 1 week+3.5%
  • 1 month+12.9%
  • This year+13.1%
  • 1 year+14.1%
  • 5 years+84.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$9.8B
Operating margin
24.4%
Net margin
11.8%
EPS (TTM, diluted)
$1.74

Growth

Revenue growth
+7.8%
Change in growth rate
+0.7 pts
Share count change
+1.3%

Cash

Free cash flow (TTM)
-$2.8B
FCF margin
-28.8%

Earnings

Last results
October 27, 2026
Next results (est.)
January 26, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance
  3. Our research
  4. Agreement
  5. Deal
  6. Announcement
  7. Agreement
  8. Agreement
  9. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

CenterPoint Energy valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$34
Price used
$42.26close November 3, 2026
Implied change
▼ 19%
Uncertainty
Low

How we got here: the combined value of 5 valuation models built for a business like CenterPoint Energy (see the models table below and how they are combined) , with a 7% cost of equity. The models span ~$29–~$36; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Valuation models

We value CenterPoint Energy as an utility or power producer, with every model that fits that kind of business. Cost of equity 7%: the 10-year Treasury yield (4.9%) plus a beta of 0.43 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Utility earnings model Net income growing 3% a year, discounted at 8%: for regulated investment that makes free cash flow negative. ~$36 ~$30–$45 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$33 ~$32–$40 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$36 ~$29–$48 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$29 ~$20–$44 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$36 ~$29–$49 Included
Combined value Weighted average of the models that apply: the primary model (utility earnings model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$34 ~$29–$36 5 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare CenterPoint Energy with utilities and power producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$12.97$18.27$21.85$22.66$22.80$18.70$24.76$27.23$26.66$30.46$37.70$42.65
Market value$5.6bn$7.9bn$9.5bn$10.3bn$11.5bn$9.9bn$15.1bn$17.2bn$16.9bn$19.6bn$24.7bn$28.2bn
+ Net debt (− = net cash)$8.5bn$8.3bn$8.6bn$4.9bn$14.9bn$13.3bn$15.9bn$16.8bn$18.5bn$20.9bn$22.9bn$23.5bn
Enterprise value$14.1bn$16.2bn$18.1bn$15.2bn$26.4bn$23.2bn$31.0bn$34.0bn$35.4bn$40.6bn$47.7bn$51.8bn
Multiples
Price / sales 0.8x1.1x1.0x1.6x1.5x1.3x1.8x1.8x1.9x2.3x2.6x2.9x
Price / earnings —18.3x5.3x27.9x14.6x—10.2x16.3x18.4x19.3x23.5x24.5x
Price / free cash flow 19.5x15.6x—21.1x————————
EV / EBITDA 7.4x7.5x8.3x7.2x11.5x10.4x11.6x11.9x11.2x11.8x13.1x12.6x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

43 /100

Weak moat

How hard CenterPoint Energy's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 1 / 20

    Net income has been a median 2.3% of total assets over 10 years.

  • Pricing power 20 / 20

    Gross margin has been a median 98.9%, moving by 1.2 percentage points (standard deviation) across 8 years.

  • Durability 13 / 20

    Operating margin has been a median 16.8%; its worst year was 9.5%.

  • Cash conversion 2 / 20

    Free cash flow was positive in 2 of 10 years, at a median -14.9% of revenue.

  • Discipline 8 / 20

    The diluted share count rose 11.3% over five years.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.91 +9% $10.0bn +7%
Next $2.09 +9% $10.5bn +5%

Next year's EPS estimate has moved +0.2% in 90 days, across 20 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.1% on 90 days ago. In the last 30 days, 0 analysts raised CenterPoint Energy's forecast and 1 cut it.

Consensus EPS forecast CenterPoint Energy, last 90 days
$1.90 $1.95 $2.00 $2.05 $2.10 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.91 Current fiscal year, 60 days ago: $1.91 Current fiscal year, 30 days ago: $1.91 Current fiscal year, 7 days ago: $1.91 Current fiscal year, Now: $1.91 $1.91 Next fiscal year, 90 days ago: $2.09 Next fiscal year, 60 days ago: $2.09 Next fiscal year, 30 days ago: $2.09 Next fiscal year, 7 days ago: $2.09 Next fiscal year, Now: $2.09 $2.09

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.91$2.09
60 days ago $1.91$2.09
30 days ago $1.91$2.09
7 days ago $1.91$2.09
Now $1.91$2.09

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.50 $0.53 +6.2%
Jun 2026 $0.37 $0.40 +7.4%
Mar 2026 $0.55 $0.56 +1.1%
Dec 2025 $0.45 $0.45 −0.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 27, 2026
  • non-GAAP EPS 2026 $1.90 to $1.92 Non-GAAP Raised
    “Raises 2026 non-GAAP EPS guidance range to $1.90-$1.92, representing nearly 9% growth at the midpoint over 2025 delivered results 1” source
  • non-GAAP EPS 2027 $2.07 to $2.09 Non-GAAP New
    “Initiates 2027 non-GAAP EPS guidance range of $2.07-$2.09, representing approximately 9% growth at the midpoint over increased 2026 guidance 1” source
  • non-GAAP EPS annual growth rate through 2030 7% growth to 9% growth Non-GAAP
    “Extends non-GAAP EPS growth at the mid-to-high end of its 7%-9% annual range through 2030” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

21 analysts, Oct 2026
Buy1048%
Hold1152%
Sell00%

Monthly trend

  1. Oct 202691121
  2. Sep 2026271019
  3. Aug 202671018
  4. Jul 202671018

Counts of recommendations published by analysts covering CenterPoint Energy, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
9.1%
of tradable shares
Days to cover
6.88
at average volume
Short interest, 1 month
+1%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.2%
of shares
Employees
8,794
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +14.1%

$37.39 on October 31, 2025 to $42.65

ThenNowEffect
Revenue (last 12 months) $9.0bn $9.6bn +7.1%
Net margin 10.4% 11.6% +11.4%
P/E multiple 26.0x 25.2x −3.2%
Share count 652m 660m −1.2%

Biggest factor: net margin.

Last 3 years +68.1%

$25.37 on November 3, 2023 to $42.65

ThenNowEffect
Revenue (last 12 months) $9.3bn $9.6bn +3.8%
Net margin 8.4% 11.6% +38.1%
P/E multiple 20.6x 25.2x +22.2%
Share count 633m 660m −4.1%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
CNP+32%+10%−2%+14%+24%+13%
Industry peers (median)+10%+3%−3%+14%+12%+8%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CNP58%58%67%58%58%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CNP−11%−23%−17%−18%−8%−18%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 60% from February 22, 2019 to March 23, 2020. Getting back needed a 149% gain, reached on March 4, 2022, 711 days after the low.

Price behaviour

52-week range
$36.62 – $44.77
From 52-week high
−4.7%
vs 50-day average
+8.7%
vs 200-day average
+3.3%
Volatility (1 year)
18%
Beta vs S&P 500
-0.17

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
9 up, 3 down
typical move ±1.9%
After a week
5 up, 6 down
typical move ±3.5%
After a month
8 up, 3 down
typical move ±4.0%
Results releasedNext dayS&P 500 next day5 days21 days
October 27, 2026 +0.9% +0.9% — —
July 28, 2026 −2.5% −1.3% −5.5% −9.5%
April 23, 2026 +0.8% +0.4% +3.6% +2.2%
February 19, 2026 +3.1% +0.5% +3.1% +0.8%
October 23, 2025 −1.3% +1.4% −2.8% −0.7%
July 24, 2025 +3.3% +0.5% +4.6% +3.1%
April 24, 2025 +2.3% +2.8% +3.4% +1.2%
February 20, 2025 +1.2% −2.1% −0.4% +5.6%
October 28, 2024 +0.4% +0.5% −1.0% +11.7%
July 30, 2024 −4.9% +1.1% −11.7% −6.1%
April 30, 2024 +0.3% −1.9% +1.3% +2.5%
February 20, 2024 +1.4% −0.5% −0.8% +0.8%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How CenterPoint Energy’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

CenterPoint Energy in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) CenterPoint Energy
$8.5B $9B $9.5B $10B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $8.7B Revenue (TTM), FY24 Q1: $8.5B Revenue (TTM), FY24 Q2: $8.6B Revenue (TTM), FY24 Q3: $8.6B Revenue (TTM), FY24 Q4: $8.6B Revenue (TTM), FY25 Q1: $8.9B Revenue (TTM), FY25 Q2: $9B Revenue (TTM), FY25 Q3: $9.1B Revenue (TTM), FY25 Q4: $9.4B Revenue (TTM), FY26 Q1: $9.4B Revenue (TTM), FY26 Q2: $9.6B Revenue (TTM), FY26 Q3: $9.8B $9.8B

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $8.7B
FY24 Q1 $8.5B
FY24 Q2 $8.6B
FY24 Q3 $8.6B
FY24 Q4 $8.6B
FY25 Q1 $8.9B
FY25 Q2 $9B
FY25 Q3 $9.1B
FY25 Q4 $9.4B
FY26 Q1 $9.4B
FY26 Q2 $9.6B
FY26 Q3 $9.8B
Revenue growth, TTM YoY CenterPoint Energy
-10% -5% 0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -6.7% Revenue growth, TTM YoY, FY24 Q1: -8.6% Revenue growth, TTM YoY, FY24 Q2: -7.6% Revenue growth, TTM YoY, FY24 Q3: -7.2% Revenue growth, TTM YoY, FY24 Q4: -0.6% Revenue growth, TTM YoY, FY25 Q1: 4.8% Revenue growth, TTM YoY, FY25 Q2: 4.8% Revenue growth, TTM YoY, FY25 Q3: 6.4% Revenue growth, TTM YoY, FY25 Q4: 8.3% Revenue growth, TTM YoY, FY26 Q1: 5.2% Revenue growth, TTM YoY, FY26 Q2: 7.1% Revenue growth, TTM YoY, FY26 Q3: 7.8% 7.8%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -6.7%
FY24 Q1 -8.6%
FY24 Q2 -7.6%
FY24 Q3 -7.2%
FY24 Q4 -0.6%
FY25 Q1 4.8%
FY25 Q2 4.8%
FY25 Q3 6.4%
FY25 Q4 8.3%
FY26 Q1 5.2%
FY26 Q2 7.1%
FY26 Q3 7.8%
Operating margin (TTM) CenterPoint Energy
20% 22% 24% 26% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 20.2% Operating margin (TTM), FY24 Q1: 21.5% Operating margin (TTM), FY24 Q2: 22.4% Operating margin (TTM), FY24 Q3: 21.3% Operating margin (TTM), FY24 Q4: 23.0% Operating margin (TTM), FY25 Q1: 22.6% Operating margin (TTM), FY25 Q2: 22.0% Operating margin (TTM), FY25 Q3: 22.5% Operating margin (TTM), FY25 Q4: 22.6% Operating margin (TTM), FY26 Q1: 22.5% Operating margin (TTM), FY26 Q2: 23.2% Operating margin (TTM), FY26 Q3: 24.4% 24.4%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 20.2%
FY24 Q1 21.5%
FY24 Q2 22.4%
FY24 Q3 21.3%
FY24 Q4 23.0%
FY25 Q1 22.6%
FY25 Q2 22.0%
FY25 Q3 22.5%
FY25 Q4 22.6%
FY26 Q1 22.5%
FY26 Q2 23.2%
FY26 Q3 24.4%
FCF margin (TTM) CenterPoint Energy
-40% -30% -20% -10% 0% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: -6.0% FCF margin (TTM), FY24 Q1: -16.6% FCF margin (TTM), FY24 Q2: -15.1% FCF margin (TTM), FY24 Q3: -17.8% FCF margin (TTM), FY24 Q4: -27.5% FCF margin (TTM), FY25 Q1: -30.1% FCF margin (TTM), FY25 Q2: -33.7% FCF margin (TTM), FY25 Q3: -30.7% FCF margin (TTM), FY25 Q4: -25.5% FCF margin (TTM), FY26 Q1: -28.4% FCF margin (TTM), FY26 Q2: -28.0% FCF margin (TTM), FY26 Q3: -28.8% -28.8%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 -6.0%
FY24 Q1 -16.6%
FY24 Q2 -15.1%
FY24 Q3 -17.8%
FY24 Q4 -27.5%
FY25 Q1 -30.1%
FY25 Q2 -33.7%
FY25 Q3 -30.7%
FY25 Q4 -25.5%
FY26 Q1 -28.4%
FY26 Q2 -28.0%
FY26 Q3 -28.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar CenterPoint Energy took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $9.4B
  2. Gross profit $9.4B · 100.0%
  3. Other operating costs $7.2B · 77.4%
  4. Operating income $2.1B · 22.5%
  5. Income tax $195M · 2.1%
  6. Interest and other $863M · 9.2%
  7. Net income $1.1B · 11.2%

Shares of revenue. Source: CenterPoint Energy's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 8.3 8.8 8.5 7.5 8.1 9.2 7.4 7.5 9.6 6.3 7.6 7.4 8.4 9.3 8.7 8.6 9.4 9.8
Gross profit — — — — — — — 5.5 5.8 6.2 7.3 7.2 8.1 9.1 8.6 8.6 9.4 9.8
EBITDA 1.9 2.1 2.2 2.1 2.0 1.9 1.9 2.1 2.2 2.1 2.3 2.2 2.7 2.9 3.2 3.4 3.6 4.1
Operating income 1.1 1.2 1.3 1.0 1.0 0.9 0.9 1.0 1.1 0.9 1.1 1.0 1.4 1.6 1.8 2.0 2.1 2.4
Net income 0.4 0.4 1.4 0.4 0.3 0.6 −0.7 0.4 1.8 0.4 0.8 −0.8 1.5 1.1 0.9 1.0 1.1 1.2
Diluted EPS $1.01 $1.07 $3.17 $0.97 $0.72 $1.42 −$1.61 $1.00 $4.13 $0.74 $1.33 −$1.79 $2.28 $1.59 $1.37 $1.58 $1.60 $1.74
Growth (year on year)
Revenue −26.9% +6.1% −3.8% −11.8% +8.8% +13.8% −19.9% +1.9% +27.7% −34.7% +20.5% −1.9% +12.6% +11.6% −6.7% −0.6% +8.3% +7.8%
EBITDA −5.8% +13.2% +3.4% −4.4% −5.9% −0.8% −2.3% +12.9% +1.1% −3.4% +9.4% −3.0% +20.2% +6.5% +10.8% +8.5% +6.2% +16.6%
Operating income −11.7% +11.1% +3.9% −20.0% −2.7% −7.4% −0.2% +9.6% +11.0% −23.6% +23.4% −3.0% +31.2% +14.9% +12.4% +13.1% +6.0% +17.1%
Net income −16.6% +18.8% +207.0% −69.3% −25.4% +96.5% −213.3% — +314.8% −79.5% +114.9% −197.7% — −28.9% −13.2% +11.1% +3.2% +11.5%
Diluted EPS −22.3% +5.9% +196.3% −69.4% −25.8% +97.2% −213.4% — +313.0% −82.1% +79.7% −234.6% — −30.3% −13.8% +15.3% +1.3% +10.1%
Margins
Gross margin — — — — — — — 73.7% 60.6% 99.4% 96.6% 96.5% 97.5% 97.8% 98.9% 100.0% 100.0% 100.0%
EBITDA margin 22.5% 24.1% 25.8% 28.0% 24.2% 21.1% 25.8% 28.5% 22.6% 33.4% 30.4% 30.0% 32.1% 30.6% 36.4% 39.7% 38.9% 41.9%
Operating margin 13.6% 14.2% 15.4% 13.9% 12.5% 10.1% 12.6% 13.6% 11.8% 13.8% 14.2% 14.0% 16.3% 16.8% 20.2% 23.0% 22.6% 24.4%
Net margin 4.5% 5.0% 16.1% 5.6% 3.8% 6.6% −9.4% 5.7% 18.6% 5.9% 10.5% −10.4% 17.8% 11.3% 10.5% 11.8% 11.2% 11.8%
Free-cash-flow margin 8.2% −1.4% 6.9% 8.7% 4.0% 0.3% 3.9% 6.8% −0.1% 7.7% −11.5% −8.1% −37.6% −28.0% −6.0% −27.5% −25.5% −28.8%
Cash flow
Cash from operations 1.8 1.4 1.9 1.9 1.6 1.4 1.9 1.9 1.4 2.1 1.6 2.0 0.0 1.8 3.9 2.1 2.5 2.8
Capital spending 1.2 1.5 1.3 1.2 1.3 1.4 1.6 1.4 1.4 1.7 2.5 2.6 3.2 4.4 4.4 4.5 4.9 5.7
Free cash flow 0.7 −0.1 0.6 0.6 0.3 0.0 0.3 0.5 −0.0 0.5 −0.9 −0.6 −3.1 −2.6 −0.5 −2.4 −2.4 −2.8
Balance sheet
Cash 0.7 0.2 0.2 0.6 0.2 0.3 0.3 0.3 0.3 4.2 0.2 0.1 0.2 0.1 0.1 0.0 0.0 0.1
Total debt 10.1 9.5 9.2 9.8 8.4 8.9 8.8 8.6 8.8 9.2 15.1 13.4 16.1 16.9 18.6 21.0 23.0 23.7
Net debt (negative = net cash) 9.3 9.3 9.0 9.1 8.1 8.6 8.5 8.3 8.6 4.9 14.9 13.3 15.9 16.8 18.5 20.9 22.9 23.5
Diluted shares 368m 413m 429m 430m 431m 432m 430m 434m 434m 452m 505m 531m 610m 632m 633m 644m 656m 662m
Returned to shareholders
Dividends 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.5 0.5 0.6 0.4 0.4 0.4 0.5 0.5 0.6 0.6
Total returned 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.5 0.5 0.6 0.4 0.4 0.4 0.5 0.5 0.6 0.6

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 6 checks passed · September 30, 2026
What it owns · $49.5bn
Short-term assets $5.7bnLonger-term assets $43.8bn
What it owes, and who funded it · $16.7bn
Short-term liabilities $4.9bnShareholders' equity $11.7bn
  • Short-term assets cover short-term liabilities $5.7bn of assets due within a year against $4.9bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $132m of cash against $23.7bn of debt.
  • Debt below 40% of shareholders' equity Debt is 202% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 122% to 202% over five years.
  • A year's operating cash flow covers at least 20% of debt $2.8bn of operating cash flow against $23.7bn of debt.
  • Operating profit covers interest at least five times over Operating income of $2.4bn against $1.0bn of interest.

From CenterPoint Energy's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$604M
Returned to shareholders
-21%
of free cash flow
Diluted share count
+1.3%
year over year
Total shareholder yield
2.1%
dividends 2.1% + buybacks 0.0% of market value
Dividend payout ratio
52%
of net income paid out
Days sales outstanding
32 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in multi-utilities
Last 12 months unless stated CNP CMS AEE SRE NI XEL Median
Revenue, last 12 months $9.8bn $9.0bn $8.7bn $13.6bn $6.8bn $14.9bn $9.0bn
Revenue growth, last 12 months 7.8% 8.2% 3.8% 1.6% 12.3% 4.5% 7.8%
Revenue growth, 3-year average 2.1% 4.8% 2.3% −7.2% 6.2% 0.1% 2.3%
Revenue growth, latest quarter 10.2% 8.0% −5.8% −0.1% 4.7% 6.6% 6.6%
Gross margin 100.0% — — — 100.0% — 100.0%
Operating margin 24.4% 13.8% 24.9% — 28.0% 21.7% 20.4%
Operating margin, 3-year average 22.8% 18.0% 22.2% — 28.0% 19.1% 20.4%
Net margin 11.8% 9.7% 17.9% 16.8% 13.8% 17.9% 11.8%
Cash from operations / revenue 28.8% 25.4% 37.2% 40.0% 35.0% 34.1% 28.8%
Free-cash-flow margin −28.8% 10.2% −16.0% −38.7% −23.0% −51.2% −13.3%
Free-cash-flow margin, 3-year average −25.8% 12.0% −16.9% −31.1% −16.8% −33.5% −7.6%
Stock pay / revenue — — 0.3% 0.7% 0.7% 0.3% 0.5%
Change in share count 1.3% 3.3% 2.2% 1.3% 1.8% 6.3% 2.2%

Median of all 17 companies we cover in multi-utilities. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

17 multi-utilities companies
Measure Company Peer median Rank
Revenue growth Growth 7.8% 7.8% 9 of 17
Change in growth rate Growth +0.7pp -0.2pp 5 of 17
Operating margin Profitability 24.4% 20.5% 4 of 16
Net margin Profitability 11.8% 11.8% 10 of 17
Free-cash-flow margin Cash generation -28.8% -13.3% 15 of 17
Long-term debt as % of assets Balance sheet 47.9% 39.5% 16 of 16
Change in share count Balance sheet 1.3% 2.2% 4 of 17
Days sales outstanding Balance sheet 32 days 39 days 4 of 14

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Electric $4.8B 51.7% ▲ 5.9%
Natural Gas $4.5B 48.2% ▲ 12.9%
Corporate and Other $5M 0.1% ▲ 25.0%
Products and services
Line of business Revenue Share YoY
Retail Gas Sales $4.3B 45.6% ▲ 11.2%
Electric Delivery $4.1B 43.9% ▲ 3.7%
Retail Electric Sales $736M 7.9% ▲ 18.3%
Energy Products Or Services $216M 2.3% ▲ 4.9%
Wholesale Electric Sales $19M 0.2% ▲ 375.0%
Gas Transportation and Processing $11M 0.1% 0.0%

From CenterPoint Energy's 10-K filed February 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$30.8B
Institutions reporting
863
Shares held vs prior quarter
▲ 5.6%
Positions opened / closed
103 / 64

Top buyers and sellers, Q2 2026: 456 institutions bought and 287 sold ; the biggest buyer was Capital International Investors (+8.1M shares) and the biggest seller Cohen & Steers, Inc (−3.2M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Capital Research Global Investors $3.1B 71.4M 10.2% ▼ 1.2%
T. Rowe Price Investment Management, Inc. $2.9B 66.4M 9.5% ▲ 12.0%
Blackrock, Inc. $2.6B 58.4M 8.4% ▲ 1.9%
Capital International Investors $1.9B 44.1M 6.3% ▲ 22.3%
Vanguard Capital Management LLC $1.9B 42.7M 6.1% ▲ 0.5%
State Street Corp $1.6B 37.1M 5.3% ▲ 2.5%
Vanguard Portfolio Management LLC $1.5B 34.0M 4.9% ▲ 0.6%
Deutsche Bank Ag\ $771M 17.5M 2.5% ▲ 42.4%
Geode Capital Management, LLC $762M 17.4M 2.5% ▲ 1.5%
FMR LLC $603M 13.7M 2.0% ▲ 1.9%
Boston Partners $541M 12.3M 1.8% ▲ 1.7%
Morgan Stanley $495M 11.2M 1.6% ▲ 18.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not CenterPoint Energy's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $40,700 1 trade by 1 insider, last 12 months Insider sales History → $240,746 1 trade by 1 insider · 0% under pre-set plans
Net ▼ $200,046 net selling
Insider Date Trade Shares Price Value
Fitch Laurie Lee Director August 17, 2026 Buy 1,000 $40.70 $40,700
Smith Phillip R Director November 6, 2025 Sell 6,200 $38.83 $240,746

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 14 trades and filings

In the last 12 months, 1 member of Congress disclosed 0 purchases and 1 sale of CenterPoint Energy shares.

  • Kevin Hern(R-OK 1):Sale (full), $15,001 - $50,000, traded September 15, 2026, filed September 25, 2026
  • Robert P. Bresnahan, Jr.(R-PA 8):Purchase, $1,001 - $15,000, traded February 25, 2025, filed March 27, 2025
  • Daniel S. Goldman(D-NY 10):Purchase, $15,001 - $50,000, traded March 6, 2023, filed April 17, 2023

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 26, 2027 estimated from the company's past filing pattern, not announced

  • October 27, 2026
  • July 28, 2026
  • April 23, 2026
  • February 19, 2026
  • October 23, 2025
  • July 24, 2025

Recent SEC filings

Data status

When each part of this page on CenterPoint Energy was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

CenterPoint Energy in brief

What does CenterPoint Energy do?
CenterPoint Energy is a US-listed company in the multi-utilities industry. Its financial year ends in December.
What is CenterPoint Energy's stock ticker?
CenterPoint Energy trades under the ticker CNP on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is CenterPoint Energy's revenue, and how fast is it growing?
Over its most recent trailing twelve months, CenterPoint Energy reported revenue of $9.8B, 7.8% higher than a year earlier, according to its SEC filings.
What is CenterPoint Energy's free cash flow?
CenterPoint Energy's free-cash-flow margin is -28.8% of revenue over the trailing twelve months, ranking 15 of the 17 multi-utilities companies we cover.
Who are CenterPoint Energy's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Capital Research Global Investors, T. Rowe Price Investment Management, Inc. and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is CenterPoint Energy's market cap?
On November 2, 2026, CenterPoint Energy's market capitalisation was about $28.2B, with a price-to-earnings ratio of 24.5 and net debt of $23.5B. Market figures come from third-party market data and may be delayed.
Does CenterPoint Energy pay a dividend?
Yes: CenterPoint Energy paid $604M in dividends over the trailing twelve months, a dividend yield of 2.14% and a payout ratio of 52.3%.
How much debt does CenterPoint Energy have?
CenterPoint Energy's debt-to-equity ratio is 201.6%, from its latest balance sheet (121.7% five years earlier). The financial health section below sets out its other solvency checks.
Who are CenterPoint Energy's competitors?
In our Multi-Utilities peer group, the companies closest to CenterPoint Energy are CMS Energy, Ameren, Sempra, NiSource and Xcel Energy. The side-by-side comparison below sets their revenue, margins and growth against CenterPoint Energy's.
Are insiders buying or selling CenterPoint Energy stock?
Over the last 12 months, CenterPoint Energy's directors and officers reported 1 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is CenterPoint Energy's next earnings date?
Around January 26, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — CenterPoint Energy announces its own schedule.