CenterPoint Energy, Inc. CNP

UtilitiesMultiline UtilitiesUnited States of America

Last close 42.65 USD on Nov 2, 2026, +13.1% year to date

Quant rating

Quant rating C Rank 38 of 90 in Utilities

Growth C 58 of 90
Valuation D 76 of 90
Quality C 36 of 90
Revisions C 38 of 90
Momentum B 16 of 90

Wall Street consensus Buy (2.36)Average target 44.60 USD +4.6%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 28.3B
Enterprise value: 52.6B
52-week range: 36.38 – 45.26
3-year range: 25.63 – 45.26
Dividend yield: 2.26%
Beta (5 years): 0.42
Shares outstanding: 663M
Next earnings: Feb 17, 2027

About the company

CenterPoint Energy, Inc. is an energy delivery company. The Company has electric transmission and distribution, power generation and natural gas distribution operations that customers in Indiana, Minnesota and Texas. The Company delivers comprehensive energy solutions, combining reliable utility services with home repair and maintenance programs designed to keep home safe and comfortable. Its residential natural gas service offers reliable home heating, cooking, and water heating with new connections, rates, and customer information. Its gas and plumbing services include gas line, water heater repair and replacement, interior plumbing and drainage, premier exterior line care, exterior sewer/septic line and exterior water service line. Its heating and cooling services include heating system, heating tune-up, cooling system and cooling tune-up. Its electric and appliances services include tech protection essential, tech protection premier and interior electrical.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	9,357	8,643	8,696	9,321	8,352	–
Revenue growth	8.3%	−0.6%	−6.7%	11.6%	12.6%	4.8%
EPS (basic, normalized)	1.76	1.62	1.50	1.38	1.64	–
EPS growth	8.6%	8.0%	8.7%	−15.9%	–	–
Gross margin	–	–	–	–	–	–
Net margin	11.2%	11.8%	10.0%	10.8%	6.9%	10.1%
ROE	9.6%	10.0%	9.3%	10.9%	7.5%	9.5%

Balance sheet, last quarter
Cash & short-term investments (mil)	557
Current ratio	1.15x
Long-term debt (mil)	23,677
Net debt (mil)	24,346
Total equity (mil)	11,742
Net debt / equity	2.07x
Net debt / EBITDA	6.54x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	9,357	+8.3%	5.6x	3,722	+7.8%	14.1x	1.76	+8.6%	24.2x
2026	9,934	+6.2%	5.3x	4,164	+11.9%	12.6x	1.91	+8.6%	22.3x
2027	10,403	+4.7%	5.1x	4,636	+11.3%	11.3x	2.09	+9.2%	20.4x
2028	10,995	+5.7%	4.8x	5,190	+11.9%	10.1x	2.29	+9.9%	18.6x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	9,934	+0.2%	+0.3%	−0.2%	1.91	0.0%	−0.1%	−0.3%
2027	10,403	+0.9%	+1.3%	+0.5%	2.09	−0.2%	−0.4%	−0.1%
2028	10,995	+1.2%	+2.0%	+1.5%	2.29	+0.4%	+0.3%	+1.1%

Earnings surprises EPS beat in 3 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	2,620	1,905	1,856	2,262	2,920	1,944	1,988	2,505	2,975	2,152
Sales mean (mil)	2,707	1,895	1,933	2,482	2,620	1,881	2,087	2,241	2,832	2,125
Surprise	−3.2%	+0.5%	−4.0%	−8.9%	+11.4%	+3.4%	−4.7%	+11.8%	+5.0%	+1.3%
EPS reported	0.55	0.36	0.31	0.40	0.53	0.29	0.50	0.45	0.56	0.40
EPS mean	0.53	0.32	0.32	0.40	0.53	0.30	0.44	0.45	0.56	0.37
Surprise	+3.5%	+13.4%	−2.0%	−0.4%	−0.8%	−4.8%	+13.8%	−0.1%	+0.5%	+7.0%

Peer comparison Multiline Utilities

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
CNP CenterPoint Energy, Inc.	28.3B	6.54x	11.2%	2.41x	22.3x	20.4x	12.6x	11.3x
NG National Grid PLC	84.3B	–	–	1.54x	14.0x	12.8x	11.4x	10.1x
SRE Sempra	56.2B	8.39x	13.1%	1.72x	16.7x	15.5x	16.8x	16.6x
PEG Public Service Enterprise Group Incorporated	37.1B	5.86x	17.3%	2.14x	17.1x	16.0x	12.8x	11.6x
AEE Ameren Corporation	30.8B	6.03x	16.5%	2.25x	20.7x	19.2x	13.0x	11.7x
PPL PPL Corp	27.2B	5.38x	13.0%	1.81x	18.6x	17.1x	11.6x	10.3x
Mean		6.44x	14.3%	1.98x	18.2x	16.8x	13.0x	12.0x
Median		6.03x	13.1%	1.97x	17.8x	16.5x	12.7x	11.5x

Technical analysis

1M+12.9%
3M+2.1%
1Y+14.0%
3Y+67.4%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, CenterPoint Energy, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	9,357	8,643	8,696	9,321	8,352	7,418
Cost of revenue	–	–	–	–	–	–
Gross profit	9,357	8,643	8,696	9,321	8,352	7,418
Selling, general & administrative expenses	–	–	–	–	–	–
Research & development	–	–	–	–	–	–
Depreciation/amortization	1,530	1,439	1,401	1,288	1,316	1,189
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	49.0	0	24.0	−256	45.0	187
Other operating expenses	5,717	5,214	5,535	6,467	5,673	5,005
Operating income	2,061	1,990	1,736	1,822	1,318	1,037
Net interest income (expense)	−899	−832	−686	−379	−598	−538
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	85.0	56.0	37.0	−26.0	58.0	64.0
Net income before taxes	1,247	1,214	1,087	1,417	778	563
Provision for taxes	195	195	170	360	110	80.0
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	1,052	1,019	917	1,057	668	483
Extraordinary items	–	–	–	0	818	−1,256
Net income	1,052	1,019	917	1,057	1,486	−773
EBIT, normalized	2,110	1,990	1,760	1,566	1,363	1,224
EBITDA, normalized	3,640	3,429	3,161	2,854	2,679	2,413
Basic EPS, normalized	1.76	1.62	1.50	1.38	1.64	–

Balance sheet in millions of USD, fiscal years

Balance sheet, CenterPoint Energy, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	548	585	631	584	1,669	1,018
Receivables	842	838	804	909	691	758
Total inventory	732	714	770	876	608	500
Prepaid expenses	129	117	126	154	108	119
Other current assets	3,450	2,127	696	2,176	4,279	525
Total current assets	5,701	4,381	3,027	4,699	7,355	2,920
Property, plant & equipment	34,117	32,116	29,866	27,162	23,506	22,393
Goodwill	3,550	3,943	4,160	4,294	4,294	4,697
Intangibles	–	–	–	38.0	44.0	50.0
Long-term investments	–	–	–	–	0	1,146
Note receivable	–	–	–	–	–	–
Other long-term assets	3,166	3,328	2,662	2,353	2,480	2,265
Total assets	46,534	43,768	39,715	38,546	37,679	33,471
Liabilities
Accounts payable	1,300	1,320	917	1,352	1,196	853
Payable/accrued	–	–	–	–	–	–
Accrued expenses	318	277	239	164	142	151
Short-term debt	500	500	4.0	511	7.0	24.0
Current portion of long-term debt	1,914	66.0	1,055	1,509	538	1,895
Other current liabilities	2,228	1,882	1,649	1,577	2,404	1,902
Total current liabilities	6,260	4,045	3,864	5,113	4,287	4,825
Long-term debt	20,566	20,397	17,559	14,836	15,558	11,521
Minority interest	–	–	–	–	–	–
Other liabilities	8,555	8,660	8,625	8,555	8,419	8,777
Total liabilities	35,381	33,102	30,048	28,504	28,264	25,123
Shareholders' equity
Preferred stock	–	–	0	790	790	2,363
Common stock	6.0	6.0	6.0	9.0	9.0	6.0
Additional paid-in capital	9,130	9,105	8,604	8,568	8,529	6,914
Retained earnings (accumulated deficit)	2,043	1,572	1,092	709	154	−845
Treasury stock	–	–	–	–	–	–
Other equity	−26.0	−17.0	−35.0	−34.0	−67.0	−90.0
Total equity	11,153	10,666	9,667	10,042	9,415	8,348
Total liabilities & shareholders' equity	46,534	43,768	39,715	38,546	37,679	33,471

Cash flow statement in millions of USD, fiscal years

Cash flow statement, CenterPoint Energy, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	1,052	1,019	917	1,057	1,486	−773
Depreciation, depletion & amortization	1,530	1,439	1,401	1,288	1,316	1,191
Deferred taxes	122	221	31.0	20.0	213	−429
Non-cash items	−85.0	−36.0	−23.0	−436	−804	1,859
Changes in working capital	−133	−504	1,551	−119	−2,189	147
Cash from operations	2,486	2,139	3,877	1,810	22.0	1,995
Investing activities
Capital expenditures	−5,227	−4,513	−4,401	−4,419	−3,164	−2,596
Other investing cash flows	1,211	24.0	168	2,791	1,313	1,331
Cash from investing	−4,016	−4,489	−4,233	−1,628	−1,851	−1,265
Financing activities
Financing cash flow items	−7.0	−63.0	−80.0	−43.0	−43.0	−14.0
Cash dividends paid	−574	−522	−535	−489	−492	−529
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	2,130	2,856	989	187	2,451	−291
Cash from financing	1,549	2,271	374	−345	1,916	−834
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	19.0	−79.0	18.0	−163	87.0	−104
Free cash flow	−2,741	−2,374	−524	−2,609	−3,142	−601

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.