CENTERPOINT ENERGY INC

10-K & 10-Q Filings

CenterPoint Energy is a public utility holding company headquartered in Houston, Texas. Its business involves owning and operating electric transmission, distribution, and generation facilities, as well as natural gas distribution systems in various states. The company's subsidiaries include Houston Electric, which provides electric transmission and distribution services in Texas, and CERC Corp., which owns and operates natural gas distribution systems in Louisiana, Minnesota, Mississippi, and Texas, and indirectly in Indiana and Ohio through subsidiaries. CenterPoint Energy's reportable segments are Electric, Natural Gas, and Corporate and Other. The company makes its annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and amendments to those reports available on its website. The company's website is www.centerpointenergy.com. Houston Electric is a transmission and distribution electric utility that operates within the state of Texas and does not make direct retail or wholesale sales of electric energy or own or operate any power generation facilities. It delivers electricity from power plants to substations and to retail electric customers, and constructs and maintains transmission facilities and provides transmission services under tariffs approved by the Public Utility Commission of Texas (PUCT).

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$6102.00
2540.00
5522.00
6367.00
2846.00
3059.00
2998.00
10589.00
12301.00
7418.00
8352.00
9321.00
8696.00
2779.00
2620.00
3.00%-5.72%Cost of Revenue (-)
$4055.00
3908.00
4921.00
4364.00
4029.00
257.00
208.00
204.00
99.00
40.00
1.00
-26.61%-97.50%Gross Profit (+)
$2047.00
1614.00
1446.00
6225.00
8272.00
7161.00
8144.00
9117.00
8597.00
2739.00
2619.00
12.70%-4.38%Selling, General & Administrative (-)
$159.00
214.00
155.00
154.00
222.00
231.00
235.00
406.00
478.00
516.00
528.00
543.00
525.00
138.00
144.00
10.47%4.35%Depreciation & Amortization (-)
$262.00
729.00
230.00
206.00
705.00
838.00
724.00
1243.00
1287.00
1189.00
1316.00
1288.00
1401.00
319.00
363.00
14.99%13.79%Non-recurring Operating Expenses (-)
$
48.00
185.00
Operating Expenses (-)
$5440.00
1901.00
5121.00
1111.00
2238.00
2432.00
2387.00
5394.00
7046.00
6122.00
6773.00
7551.00
6850.00
2198.00
2003.00
1.94%-8.87%Costs & Expenses (Total) (-)
$9495.00
1901.00
9029.00
6032.00
2238.00
2432.00
2387.00
9758.00
11075.00
6379.00
6989.00
7755.00
6936.00
2238.00
2004.00
-2.58%-10.46%Operating Income/Loss (+)
$662.00
639.00
401.00
335.00
608.00
627.00
611.00
831.00
1226.00
1039.00
1363.00
1566.00
1760.00
541.00
616.00
8.49%13.86%Non-operating Income/Expense (+)
$-159.00
-247.00
34.00
176.00
-202.00
-202.00
-187.00
-317.00
-297.00
-1904.00
-585.00
-149.00
-673.00
-138.00
-188.00
-36.23%Earnings before Tax (+)
$503.00
392.00
435.00
511.00
406.00
425.00
424.00
514.00
929.00
-865.00
778.00
1417.00
1087.00
403.00
428.00
6.63%6.20%Tax Expense (-)
$187.00
113.00
371.00
188.00
145.00
149.00
-9.00
146.00
138.00
-274.00
110.00
360.00
170.00
78.00
78.00
-0.79%0.00%Income/Loss (Continuing Operations) (+)
$316.00
279.00
64.00
323.00
261.00
276.00
433.00
70.00
212.00
-591.00
668.00
1057.00
917.00
325.00
350.00
9.28%7.69%Income/Loss (Discontinued Operations) (+)
$
138.00
-203.00
Net Income/Loss (+)
$316.00
279.00
64.00
323.00
261.00
276.00
433.00
368.00
791.00
-773.00
1486.00
1057.00
917.00
325.00
350.00
9.28%7.69%Preferred & Other Distributions (-)
$
35.00
117.00
176.00
95.00
49.00
50.00
12.00
Net Income/Loss (Common) (+)
$316.00
279.00
64.00
323.00
261.00
276.00
433.00
333.00
674.00
-949.00
1391.00
1008.00
867.00
313.00
350.00
8.77%11.82%EPS (Basic)
$
0.74
1.34
-1.79
2.35
1.60
1.37
0.50
0.55
10.00%EPS (Diluted)
$
0.74
1.33
-1.79
2.28
1.59
1.37
0.49
0.55
12.24%Weighted Avg Shares (Basic)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
448.83
502.05
531.03
593.00
629.00
631.00
630.00
632.00
204.32%0.32%Weighted Avg Shares (Diluted)
452.46
505.16
531.03
610.00
632.00
633.00
633.00
634.00
0.16%Cash
$1.00
646.00
1.00
2.00
264.00
341.00
238.00
4231.00
241.00
147.00
230.00
74.00
90.00
114.00
161.00
45.50%41.23%Short-term Investments
$
540.00
822.00
871.00
1439.00
510.00
541.00
548.00
458.00
-16.42%Receivables
$542.00
528.00
920.00
875.00
112.00
207.00
127.00
1708.00
2368.00
1196.00
1203.00
1653.00
1226.00
1272.00
1047.00
7.04%-17.69%Inventory
$273.00
94.00
179.00
252.00
133.00
134.00
119.00
200.00
269.00
297.00
422.00
635.00
573.00
692.00
559.00
6.37%-19.22%Prepaid Expenses (Current)
$122.00
51.00
192.00
161.00
139.00
132.00
171.00
145.00
147.00
131.00
1.45%-10.88%Other Assets (Current)
$366.00
307.00
63.00
190.00
356.00
297.00
346.00
154.00
757.00
270.00
3929.00
1656.00
452.00
366.00
1930.00
1.77%427.32%Assets (Current)
$1304.00
1575.00
1214.00
1319.00
865.00
979.00
830.00
7025.00
3847.00
2920.00
7355.00
4699.00
3027.00
3139.00
4286.00
7.27%36.54%Securities & Long-term Investments
$472.00
4518.00
4521.00
2482.00
2408.00
783.00
Property, Plant & Equipment (Net)
$7030.00
5365.00
3436.00
3810.00
6933.00
7397.00
7863.00
14044.00
20945.00
22362.00
23484.00
27143.00
29853.00
27598.00
29379.00
12.81%6.45%Accumulated Depreciation
$
10152.00
10543.00
10253.00
10252.00
-0.01%Goodwill & Intangibles
$1696.00
840.00
840.00
867.00
5485.00
4697.00
4294.00
4294.00
4160.00
4294.00
3943.00
7.76%-8.17%Other Assets
$185.00
4179.00
534.00
555.00
2248.00
1835.00
1599.00
2591.00
2754.00
2709.00
2546.00
2410.00
2675.00
2721.00
2591.00
24.93%-4.78%Assets (Non-current)
$9383.00
9544.00
9328.00
9726.00
9181.00
9232.00
9462.00
19984.00
31592.00
30551.00
30324.00
33847.00
36688.00
34613.00
35913.00
12.03%3.76%Assets (Total)
$10687.00
11119.00
10542.00
11045.00
10046.00
10211.00
10292.00
27009.00
35439.00
33471.00
37679.00
38546.00
39715.00
37752.00
40199.00
11.56%6.48%Accounts Payable
$557.00
265.00
605.00
631.00
323.00
319.00
424.00
1752.00
1537.00
1399.00
1841.00
1953.00
1570.00
1361.00
1154.00
9.02%-15.21%Debt (Current)
$62.00
450.00
43.00
53.00
618.00
1693.00
315.00
1857.00
876.00
557.00
850.00
24.69%52.60%Other Liabilities (Current)
$696.00
651.00
361.00
464.00
808.00
589.00
658.00
1550.00
1733.00
1733.00
2131.00
1303.00
1418.00
1232.00
1426.00
6.11%15.75%Liabilities (Current)
$1315.00
1366.00
1009.00
1148.00
1131.00
908.00
1082.00
3302.00
3888.00
4825.00
4287.00
5113.00
3864.00
3150.00
3430.00
9.40%8.89%Debt (Non-current)
$2919.00
4995.00
2240.00
2469.00
4489.00
4454.00
4319.00
8682.00
14244.00
11521.00
15558.00
14836.00
17559.00
15783.00
18117.00
16.13%14.79%Other Liabilities
$2363.00
3029.00
2990.00
3227.00
2825.00
2732.00
2522.00
7170.00
8948.00
8777.00
8416.00
8552.00
8625.00
8463.00
8654.00
11.39%2.26%Liabilities (Non-current)
$2363.00
8024.00
5230.00
5696.00
7314.00
7186.00
6841.00
15852.00
23316.00
20444.00
23974.00
23388.00
26184.00
24246.00
26771.00
22.19%10.41%Liabilities (Total)
$6597.00
9390.00
6239.00
6844.00
8445.00
8094.00
7923.00
19154.00
27204.00
25269.00
28261.00
28501.00
30048.00
27396.00
30201.00
13.47%10.24%Retained Earnings
$
420.00
673.00
349.00
632.00
-845.00
154.00
709.00
1092.00
1034.00
1442.00
39.46%AOCI
$
1.00
-108.00
-98.00
-90.00
-64.00
-31.00
-35.00
-32.00
-33.00
-3.13%Shareholder's Equity
$4090.00
1729.00
4303.00
4201.00
1601.00
2117.00
2369.00
8058.00
8359.00
8348.00
9415.00
10042.00
9667.00
10356.00
9998.00
7.43%-3.46%Liabilities & Equity
$10687.00
11119.00
10542.00
11045.00
10046.00
10211.00
10292.00
27009.00
35439.00
33471.00
37679.00
38546.00
39715.00
37752.00
40199.00
11.56%6.48%Net Income/Loss
$316.00
279.00
64.00
323.00
261.00
276.00
433.00
368.00
791.00
-773.00
1486.00
1057.00
917.00
325.00
350.00
9.28%7.69%Depreciation & Amortization
$275.00
743.00
241.00
215.00
720.00
852.00
737.00
1291.00
1340.00
1219.00
1316.00
1288.00
1401.00
319.00
363.00
14.53%13.79%Increase/Decrease in Working Capital
$125.00
-604.00
714.00
43.00
-315.00
393.00
1.00
447.00
952.00
-637.00
2274.00
198.00
-1491.00
-1081.00
344.00
131.82%Adjustments to Reconcile Net Income
$453.00
701.00
571.00
212.00
634.00
834.00
476.00
1768.00
847.00
2768.00
-1464.00
753.00
2960.00
1388.00
188.00
16.93%-86.46%Net Cash (Operating)
$769.00
980.00
635.00
535.00
895.00
1110.00
909.00
2136.00
1638.00
1995.00
22.00
1810.00
3877.00
1713.00
538.00
14.43%-68.59%Capital Expenditure
$656.00
609.00
495.00
513.00
929.00
862.00
875.00
1651.00
8492.00
1381.00
3142.00
2344.00
4257.00
1123.00
845.00
16.86%-24.76%Net Cash (Investing)
$-646.00
-65.00
-536.00
-513.00
-809.00
-964.00
-776.00
-1207.00
-8421.00
-1265.00
-1851.00
-1628.00
-4233.00
-1155.00
-844.00
26.93%Increase/Decrease in Debt
$55.00
1280.00
648.00
233.00
-172.00
10.00
-113.00
429.00
3505.00
-1686.00
2451.00
187.00
1789.00
-336.00
529.00
33.67%257.44%Increase/Decrease in Equity
$-14.00
-16.00
-1.00
-6.00
-3.00
3528.00
-28.00
1380.00
-38.00
-36.00
-855.00
-16.00
Interest Expenses
$177.00
293.00
148.00
128.00
213.00
209.00
205.00
Dividends Paid
$
1685.00
405.00
252.00
135.00
180.00
1079.00
1191.00
1446.00
492.00
489.00
535.00
144.00
126.00
-12.50%Net Cash (Financing)
$-123.00
-489.00
-99.00
-21.00
-112.00
-69.00
-236.00
3053.00
2776.00
-834.00
1916.00
-345.00
374.00
-519.00
376.00
172.45%Cash Taxes Paid
$-20.00
183.00
-5.00
-1.00
81.00
128.00
76.00
Increase/Decrease in Cash
$
426.00
1.00
-26.00
77.00
-103.00
3982.00
-4007.00
-104.00
87.00
-163.00
18.00
39.00
70.00
79.49%Cash (Beginning)
$1.00
220.00
1.00
1.00
290.00
264.00
341.00
296.00
4278.00
271.00
167.00
254.00
91.00
91.00
109.00
45.63%19.78%Cash (Ending)
$1.00
646.00
1.00
2.00
264.00
341.00
238.00
4278.00
271.00
167.00
254.00
91.00
109.00
130.00
179.00
47.84%37.69%NOPAT
$415.89
340.69
59.00
211.75
486.70
438.16
623.97
594.96
1043.88
1368.12
1555.71
1168.15
1484.75
436.29
503.74
11.19%15.46%Gross Margin %
33.55%
29.23%
22.71%
58.79%
67.25%
96.54%
97.51%
97.81%
98.86%
98.56%
99.96%
Operating Margin %
10.85%
25.16%
7.26%
5.26%
21.36%
20.50%
20.38%
7.85%
9.97%
14.01%
16.32%
16.80%
20.24%
19.47%
23.51%
NOPAT Margin %
6.82%
13.41%
1.07%
3.33%
17.10%
14.32%
20.81%
5.62%
8.49%
18.44%
18.63%
12.53%
17.07%
15.70%
19.23%
Net Margin %
5.18%
10.98%
1.16%
5.07%
9.17%
9.02%
14.44%
3.48%
6.43%
-10.42%
17.79%
11.34%
10.55%
11.69%
13.36%
Tax Rate %
37.18%
46.68%
85.29%
36.79%
19.95%
30.12%
-2.12%
28.40%
14.85%
-31.68%
-14.14%
25.41%
15.64%
19.35%
18.22%
ROA
3.89%
3.06%
0.56%
1.92%
4.84%
4.29%
6.06%
2.20%
2.95%
4.09%
4.13%
3.03%
3.74%
1.16%
1.25%
ROE
10.17%
19.70%
1.37%
5.04%
30.40%
20.70%
26.34%
7.38%
12.49%
16.39%
16.52%
11.63%
15.36%
4.21%
5.04%
ROIC
4.75%
6.03%
1.27%
4.31%
7.25%
5.90%
8.22%
3.83%
3.86%
5.15%
5.79%
3.72%
4.40%
1.36%
1.51%
Asset Turnover
0.57
0.23
0.52
0.58
0.28
0.30
0.29
0.39
0.35
0.22
0.22
0.24
0.22
0.07
0.07
Inventory Turnover
14.85
21.83
19.53
21.82
14.98
0.87
0.49
0.32
0.17
0.06
0.00
Equity Multiplier
2.61
6.43
2.45
2.63
6.27
4.82
4.34
3.35
4.24
4.01
4.00
3.84
4.11
3.65
4.02
Current Ratio
0.99
1.15
1.20
1.15
0.76
1.08
0.77
2.13
1.19
0.61
1.72
0.92
0.78
1.00
1.25
Quick Ratio
0.41
0.86
0.91
0.76
0.33
0.60
0.34
1.96
0.88
0.46
0.67
0.44
0.48
0.61
0.49
Debt/Equity Ratio
0.73
3.15
0.53
0.60
2.80
2.10
1.82
1.08
1.78
1.58
1.69
1.66
1.91
1.58
1.90
Interest Coverage Ratio
3.74
2.18
2.71
2.62
2.85
3.00
2.98
Working Capital/Sales
0.01
0.11
0.07
0.04
-0.08
0.01
-0.09
0.06
0.05
-0.07
-0.11
-0.01
-0.03
0.09
0.01
Dividend Payout Ratio %
494.58%
191.26%
51.78%
30.81%
28.85%
181.36%
114.09%
105.69%
31.63%
41.86%
36.03%
33.01%
25.01%
Total Payout
$136.00
714.00
-499.00
300.00
637.00
340.00
501.00
-2878.00
-2286.00
1752.00
-1921.00
338.00
-399.00
496.00
-403.00
-181.25%Payout Ratio %
32.70%
209.57%
-845.80%
141.68%
130.88%
77.60%
80.29%
-483.73%
-218.99%
128.06%
-123.48%
28.93%
-26.87%
113.69%
-80.00%