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CenterPoint EnergyCNP

Legal name
CenterPoint Energy, Inc.
Sector
Energy
Industry
Electric Services
Exchange
NYSE

Stock Price $CNP

You are here#22 of 32 in Utilities by market cap

Filing record · 2016–202610-K1110-Q348-K241

CNP filed 11 annual reports (10-K), 34 quarterly reports (10-Q) and 241 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Apr ’18Apr ’18
  2. Deal closed8-K · Jun ’20Jun ’20
  3. Deal closed8-K · Jan ’22Jan ’22
  4. Material agreement8-K · Oct ’25Oct ’25
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  1. $9.36B
YoY changeLargest recent move−34.7%in FY18Latest +8.3%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

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CenterPoint Energy Financial Overview 2021–2025

Updated Nov 2, 2026

CenterPoint Energy is reshaping its asset base at an aggressive pace, expanding its 10-year capital expenditure plan to a massive $65.5 billiona by the close of FY2025. This escalating infrastructure commitment underscores the company's structural pivot away from legacy midstream operations toward a pure-play, regulated utility built to capitalize on surging electric load growth in Texas.

The company's bottom line stabilized as it shed non-core units, with net income shifting from a divestiture-inflated $1.391 billionb in FY2021 to a more normalized $1,052 million in FY2025. During this transition, management aggressively optimized the portfolio. CenterPoint harvested $1.2 billion from the sale of its Louisiana and Mississippi natural gas businesses in Q1 2025 and locked in an agreement to offload its Ohio unit for $2.62 billion. This capital recycling helps fund core grid resiliency and renewables, such as the $357 million Posey Solar acquisition, counterbalancing massive weather-related shocks like the $1.1 billion in estimated restoration costs from Hurricane Beryl.

The equity market has absorbed the impacts of these divestitures alongside the heavy borrowing required for storm recovery and future rate-base growth. By the close of FY2025, investors valued CenterPoint at a $25.0 billion market capc. The stock finished the year at $38.34, trading at a 24.0x P/E ratio on its FY2025 EPS of $1.60.

Recent Developments (Q2 and Q3 2026)

CenterPoint executed crucial portfolio and capital shifts across Q2 2026 and Q3 2026. The company closed its previously announced Ohio LDC divestiture on October 1, 2026, securing $1.42 billiond in cash and a $1.20 billion seller note. Management channeled this liquidity into an expanded $70.7 billion capital plan through 2035. Operational performance strengthened concurrently, with net income for the first nine months of 2026 rising to $891 million from $788 million a year earlier. Furthermore, Q3 2026 non-GAAP EPS hit $0.53, prompting management to raise full-year guidance to $1.90-$1.92.

The bull case rests on robust electric customer additions and base rate increases, underwriting a steady 7%-9% annual EPS growth target through 2030. Conversely, bears argue the equity is richly valued at a 26.2x P/E ratio as of October 27, 2026, leaving minimal buffer against elevated debt costs or the September 2026 cybersecurity breach.

What to watch: final remediation expenses from the September 2026 cyber incident; execution on the accelerated $1.5 billione capex pull-forward into the 2026-2030 window.

Recent SEC Filings

  1. 8-KCenterPoint Energy 8-K Report, Financial Results (Oct 27, 2026)CenterPoint Energy, Inc. (CNP) filed an 8-K on October 27, 2026, reporting its third quarter 2026 financial results and providing updated guidance. The company reported strong performance driven by growth and rate recovery. Key financial highlights include non-GAAP EPS of $0.53 for the quarter, beating prior year comparable periods. Management has raised its full-year 2026 non-GAAP EPS guidance to a range of $1.90-$1.92, indicating robust year-over-year growth. Further demonstrating confidence in its long-term outlook, CenterPoint Energy announced an increase to its 10-year capital investment plan by $4.0 billion to $70.7 billion, with a significant portion accelerated into the next five years to support growing customer demand, particularly in the Greater Houston area. The company also initiated 2027 non-GAAP EPS guidance and extended its projected annual non-GAAP EPS growth rate of 7%-9% through 2030, signaling a sustained period of growth and investment. These developments suggest a positive trajectory for the company, driven by strategic capital deployment and favorable market conditions.
  2. 8-KCenterPoint Energy 8-K Report, Material Agreement (Oct 20, 2026)CenterPoint Energy Inc. (CNP) has filed an 8-K report detailing a significant financing transaction by its wholly-owned subsidiary, Southern Indiana Gas and Electric Company (SIGECO). SIGECO entered into a Bond Purchase Agreement with institutional investors for the issuance of $260 million in First Mortgage Bonds across three tranches with varying interest rates and maturity dates. The initial issuance of $130 million in Series 2026A Bonds at 5.99% occurred on October 20, 2026, with subsequent issuances of $80 million in Series 2026B Bonds at 6.15% on December 15, 2026, and $50 million in Series 2027A Bonds at 6.33% on February 25, 2027. These bonds are secured by SIGECO's mortgage collateral and will be used for general corporate purposes, including repaying short-term and long-term debt, and funding capital expenditures. The transactions are structured as private placements, exempt from the registration requirements of the Securities Act of 1933, and subject to certain transfer restrictions. This financing provides SIGECO with substantial capital for its operational and financial needs over the coming years.
  3. 8-KCenterPoint Energy 8-K Report, Acquisition Completed (Oct 1, 2026)CenterPoint Energy (CNP) completed the sale of Vectren Energy Delivery of Ohio, LLC (VEDO), its Ohio natural gas local distribution company, to National Fuel Gas Company (NFG) on October 1, 2026, for a total purchase price of $2.62 billion, subject to customary adjustments. The consideration consists of $1.42 billion in cash paid at closing and a $1.20 billion seller promissory note issued by the buyer. The transaction removes a gas LDC serving roughly 335,000 metered customers across about 5,900 miles of pipeline in West Central Ohio, and CenterPoint states that proceeds will support its regulated electric and gas investments. The seller note is a meaningful feature for investors. It carries a 6.50% coupon and matures September 30, 2027, so roughly $1.20 billion of value is deferred and tied to NFG's credit rather than received in cash. The note includes leverage and lien covenants on the borrower and negative covenants relating to VEDO, and it can be defeased by the borrower depositing funds with a paying agent. Investors should watch the timing and collection of this note, as well as the final working capital and regulatory adjustments to the cash component. The filing frames the deal as part of CenterPoint's strategy to focus on its core regulated electric and gas footprint in Indiana, Minnesota and Texas, and to fund its $66.7 billion, 10-year capital plan. The 8-K does not quantify the earnings impact, gain or loss on sale, or the effect on leverage, so those figures should be sought in the company's subsequent reports.
  4. 8-KCenterPoint Energy 8-K Report, Corporate Update (Sep 14, 2026)CenterPoint Energy, Inc. (CNP) has filed an 8-K report disclosing an incident where an unauthorized third party obtained personal information of a portion of its customers through an external-facing system. The company has activated its cybersecurity incident response, engaged external experts, and reported the matter to law enforcement. Importantly, CNP states that its electric and gas service delivery has not been impacted and remains operational. As of the filing date, the company does not believe there will be a material impact on its financial condition or results of operations, though it anticipates incurring expenses related to the incident. The company is continuing its investigation to determine the full scope of affected customers and personal information. Affected customers and regulatory authorities will be notified as legally required. CNP also noted that it maintains cybersecurity insurance coverage, which it expects will help offset related costs. Investors should monitor further disclosures regarding the scope of the data breach and any potential financial or operational ramifications as the investigation progresses.
  5. 8-KCenterPoint Energy 8-K Report, Material Agreement (Sep 9, 2026)CenterPoint Energy, Inc. (CNP) has filed an 8-K to report on the establishment of new, larger revolving credit facilities totaling $4.6 billion, replacing previous agreements. This strategic move aims to enhance the company's financial flexibility and liquidity. The new facilities, spanning five years, were put in place without incurring termination penalties, indicating a smooth transition and strong banking relationships. The company and its subsidiaries, Houston Electric, CERC, and SIGECO, have secured these increased credit lines, which include provisions for swingline loans and letters of credit, along with options for maturity extensions and increased commitments. Notably, the covenants within these facilities include a debt-to-capitalization ratio of 67.5%, with a temporary allowance to increase to 70% under specific natural disaster scenarios requiring significant system restoration costs and potential securitization. This adjustment provides a crucial buffer for managing unforeseen events and associated recovery expenses.
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