# CenterPoint Energy Inc. (CNP) — Financial Analysis

**Exchange:** NYSE  
**Coverage as of:** 2026-Q2  
**Updated:** 2026-05-18  
**Tier:** Free primer (step 2 of 19)  
**Sibling pages:** /stocks/CNP/thesis · /stocks/CNP/memo

## Financial Snapshot

---
ticker: CNP
step: 04
generated: 2026-05-13
source: quick-research
---

### CenterPoint Energy Inc. (CNP) — Financial Snapshot

#### Income Statement Summary

| Metric | FY2022 | FY2023 | FY2024 | YoY |
|--------|--------|--------|--------|-----|
| Revenue | $9.32B | $8.70B | $8.64B | -0.6% |
| Operating Margin | ~14% | ~15% | ~16% | +1pp |
| Net Income | ~$800M | ~$820M | ~$850M | +4% |
| EPS (adj. non-GAAP) | $1.38 | $1.50 | $1.62 | +8% |

*FY2025 revenue projected ~$9.1B (+4.8%); FY2026+ accelerating on capex/load growth*

#### Cash Flow & Balance Sheet (FY2024)

| Metric | Value |
|--------|-------|
| Operating Cash Flow | ~$1.6B |
| Free Cash Flow | ~-$2.4B (heavy infrastructure capex) |
| Capital Expenditures | ~$4B (grid hardening, T&D expansion) |
| Cash & Equivalents | ~$500M |
| Total Debt | ~$22B |

*Note: Negative FCF is typical for large-capex utility growth; earnings and dividend are the primary return metrics.*

#### Key Ratios (approximate)
- P/E: ~26.9x (adj.) | EV/EBITDA: ~14x | Dividend Yield: ~2.1%
- Revenue Growth (FY2024): -0.6% (weather-driven) | Regulated ROE: ~9–10%

#### Growth Profile
CNP targets 8% annual non-GAAP EPS growth through 2030, driven by a $47B+ capital investment plan focused on grid reliability, T&D expansion, and Houston-area load growth (data centers, industrial). The company raised its long-term capex plan by $1B in 2024 following Hurricane Beryl damage and accelerating data center demand. Q1 2026 showed strong C&I load growth of 8% YoY (weather-adjusted). Long-term targets: ~$11.1B revenue and ~$1.6B earnings by 2029.

#### Forward Estimates
- FY2025 adj. EPS: ~$1.74–1.76 (+8% growth target)
- FY2026 adj. EPS: ~$1.88–1.92 (+8%)
- Long-term EPS CAGR: 8% through 2030
- Analyst avg. price target: ~$37–46 (wide range; consensus ~$40)

## Deeper Financial Analysis

The fundamental tier ($1.00) adds 8 dimensions not included here:

- Revenue Breakdown — segment revenue, geographic mix, product-line margins
- Financial Trends — QoQ momentum, leading indicators, inflection points
- Balance Sheet — debt structure, dilution risk, working capital dynamics
- Capital Allocation — ROIC, buyback cadence, reinvestment efficiency
- Earnings Analysis — beats/misses, guidance vs actuals, transcript highlights
- Competitive Positioning — market share, pricing power, peer benchmarks
- Industry Context — TAM, sector tailwinds/headwinds, regulatory backdrop

**API endpoint:** GET /api/v1/research/CNP/fundamental

## Navigation

- Overview: /stocks/CNP
- Financials (this page): /stocks/CNP/financials
- Thesis: /stocks/CNP/thesis
- Investment Memo: /stocks/CNP/memo
- Coverage universe: /stocks