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CenterPoint EnergyCNPCompetitor analysis, valuation and peers

United States · USD·Utilities›Electric Utilities

Regulated electric and gas utility serving Houston/Texas and Indiana, rebuilding trust after major storm outages.

Momentum strong 60
Mkt cap
$27.0B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$359M
20-day average traded
Fwd P/E
19.9×
forward earnings
ROIC−WACC
-1.0 pp
WACC 6.2%
Hurdle
n/a
no reverse DCF
Official | Implied
A / A
agencies · bond market
Next earnings
111 days
25 Feb 2027
Close · USD$40.66
1D+1.7%
1W-4.2%
1M+5.8%
3M+1.6%
6M-2.0%
YTD+7.2%
1Y+6.4%
ATR %2.3%
Beta-0.10
52w lowhigh10.2% off high

What CenterPoint Energy does

Regulated electric and gas utility serving Houston/Texas and Indiana, rebuilding trust after major storm outages.

Earns an allowed return on its wires and gas pipes; in Houston it delivers power over wires only, while in Indiana it also owns power plants. It has sold much of its non-utility business, including its pipeline stake, to concentrate on regulated networks.

Products and services

  • Houston Electric (transmission/distribution)
  • Indiana Electric & Gas
  • Natural gas distribution

Customers

  • Residential, commercial and industrial ratepayers

Where it sits in the supply chain

  • Utilities
  • Electric utilities
  • Regulated generation, transmission…

What could go right

  • Houston-area data-center/industrial electricity demand
  • Rate-base capex growth

What could go wrong

  • Storm/hurricane outage liability
  • Regulatory/political scrutiny

Moat: narrow (regulatory licence, scale). Regulated monopoly territories, though recent storm response has invited regulatory scrutiny.

Headquarters: Houston, Texas, US · Founded: 1882 · Employees: 8,794

Named competitors

CenterPoint Energy at a glance

Size CenterPoint Energy (CNP) is a United States Utilities company (Electric Utilities) with a market value of $27.0B, the 399th largest of 3,117 United States companies the cockpit tracks. Shares closed at $40.66 on 6 Nov 2026.

Performance Over six months the shares fell 2.0%, against -1.5% for the median peer and -1.1% for the United States market (cap-weighted) — 9th lowest of 21 in its peer set.

Growth Revenue grew 7.8% over the last twelve months (peer median +7.1%); the operating margin is 24.4% (peer median 23.2%).

Valuation It trades at 19.9× forward earnings against a peer median of 17.1× (8th most expensive of 20).

Capital Return on invested capital runs 1.0 points below its cost of capital (6.2% WACC).

Credit CenterPoint Energy has 38 bonds outstanding ($17.1B), rated A by the agencies and trading like A at a weighted spread of 73 bp.

Short interest Short interest is 7.2% of the free float (15 Oct 2026).

Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).

Relative performance

9010011 May 202611 Aug 20266 Nov 2026Peer median 100CNP 97
Six months, rebased to 100: CenterPoint Energy against the median of its 20 peers (local-currency closes).

CenterPoint Energy financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$9.82B$9.36B$8.64B$8.70B$9.32B
Revenue growth—+8%-1%-7%—
Gross profit$3.00B$2.69B$2.54B$2.29B$2.11B
EBITDA$4.12B$3.64B$3.43B$3.16B$2.85B
Net income$1.16B$1.05B$1.02B$917M$1.06B
Free cash flow-$2.83B-$2.38B-$2.37B-$524M-$2.61B
Capital expenditure$5.65B$4.87B$4.51B$4.40B$4.42B
Total debt$25.4B$23.6B$21.6B$19.2B$17.5B

Quarterly statements and history in the cockpit →

CenterPoint Energy competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%-10%0%+10%0%+5%+10%PPLFEES0002DTEPOWERGRIDPCGHORSTEDEBK600025FTSFORTUMAEEEIX1816TRNNTPCCMSCNP6-month return →1-month return →
Up and to the right = strong over both horizons. CenterPoint Energy is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%10×20×PPLFEES0002DTEPOWERGRIDPCGHORSTED601985600025FTSFORTUMAEEEIX1816TRNNTPCCMSCNPRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. CenterPoint Energy is the large dot.

CenterPoint Energy competitors and peer comparison

Head to head with its named competitors (CNP vs ETR vs AEP vs NI)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
CenterPoint Energy CNP$27.0B-2%+8%24%19.9×n/a
Entergy ETR$52.8B-1%+11%24%22.8×n/a
American Electric Power AEP$68.9B-3%+10%24%18.5×n/a
NiSource NI$21.2B-6%+10%27%20.3×n/a

How CenterPoint Energy compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

CenterPoint Energy against its 20 peers (data as of 6 Nov 2026)
MeasureCNPPeer medianRank in peer set
1-month return+5.8%+6.3%9th lowest of 21
6-month return-2.0%-1.5%9th lowest of 21
Distance from 52-week high-10.2%-9.4%10th lowest of 21
Revenue growth (TTM)+7.8%+7.1%9th highest of 21
Operating margin24.4%23.2%10th highest of 21
Forward P/E19.9×17.1×8th most expensive of 20
ROIC minus cost of capital-1.0 pp-1.1 pp10th highest of 21
EV / EBITDA12.6×12.5×9th most expensive of 18
Net debt / EBITDA6.0×5.3×6th most indebted of 18
Bond spread73 bp81 bp5th tightest of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
CenterPoint Energy CNPUnited States$27.0B-2%+8%24%19.9×n/an/a
PPL PPLUnited States$26.9B0%+7%24%17.0×n/an/a
FirstEnergy FEUnited States$26.9B+5%+12%19%16.1×n/an/a
Eversource Energy ESUnited States$26.3B+6%+8%22%14.3×-8.6%+8.8%
Clp 0002.HKHong Kong$26.1B+7%-2%16%17.9×1.6%+2.0%
DTE Energy DTEUnited States$28.1B-3%+18%13%16.6×n/an/a
Power Grid Corporation of India POWERGRID.NSIndia$25.6B-17%+3%55%14.4×n/an/a
PG&E PCGUnited States$28.6B-19%+4%20%7.4×n/an/a
Hydro One H.TOCanada$24.7B-2%+9%24%24.5×n/an/a
Orsted ORSTED.CODenmark$29.5B-8%+15%2%20.4×n/an/a
China National Nuclear Power 601985.SSChina$29.8B+7%-2%27%26.1×n/an/a
ENBW Energie Baden-Wuerttemberg EBK.DEGermany$24.2B-3%+9%5%n/a5.2%+11.8%
Huaneng Lancang River Hydropower 600025.SSChina$30.7B+15%+4%48%23.1×3.8%+6.6%
Fortis FTS.TOCanada$31.0B+11%+4%28%22.5×n/an/a
Fortum FORTUM.HEFinland$23.3B+15%+14%17%23.4×9.2%-36.7%
Ameren AEEUnited States$31.2B+4%+4%25%20.0×n/an/a
Edison International EIXUnited States$22.8B-14%+3%27%9.2×n/an/a
CGN Power 1816.HKHong Kong$32.3B-1%-16%31%13.8×n/an/a
Terna TRN.MIItaly$22.0B-2%+11%42%17.8×n/an/a
NTPC NTPC.NSIndia$33.2B-19%+7%20%12.3×n/an/a
CMS Energy CMSUnited States$21.7B-5%+8%20%17.1×n/an/a

CenterPoint Energy bonds and credit

CenterPoint Energy has 38 bonds outstanding with $17.1B face value. The agencies rate it A; its bonds trade like A. Weighted yield 5.51%, a spread of 73 bp over government bonds.

Every bond, yield and spread in the cockpit →

Questions

Who are CenterPoint Energy's main competitors?
Named competitors: Entergy (ETR), American Electric Power (AEP), NiSource (NI). The cockpit's measured peer set (industry) also includes PPL (PPL), FirstEnergy (FE), Eversource Energy (ES), Clp (0002.HK), DTE Energy (DTE), Power Grid Corporation of India (POWERGRID.NS).
Is CenterPoint Energy expensive compared with its peers?
On forward p/e it trades at 19.9× against a peer median of 17.1×, 8th most expensive of 20 in its peer set.
How has CenterPoint Energy stock performed?
Over six months to 6 Nov 2026 the shares returned -2.0% against -1.5% for the median peer; over one year +6.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.