30 years of historical data (1996–2025) · Utilities · General Utilities
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
CenterPoint Energy, Inc. trades at 27.2x earnings, 42% above its 5-year average of 19.2x, sitting at the 92nd percentile of its historical range. Compared to the Utilities sector median P/E of 20.1x, the stock trades at a premium of 36%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $28.4B | $25.2B | $20.4B | $18.1B | $19.0B | $17.0B | $11.5B | $13.8B | $12.8B | $12.3B | $10.7B |
| Enterprise Value | $52.0B | $48.8B | $41.4B | $36.6B | $35.7B | $32.9B | $24.8B | $28.6B | $17.7B | $20.9B | $18.9B |
| P/E Ratio → | 27.21 | 23.96 | 20.08 | 20.85 | 18.86 | 12.24 | — | 20.50 | 38.15 | 6.87 | 24.64 |
| P/S Ratio | 3.04 | 2.69 | 2.36 | 2.08 | 2.03 | 2.04 | 1.55 | 1.82 | 2.03 | 1.28 | 1.42 |
| P/B Ratio | 2.56 | 2.26 | 1.92 | 1.87 | 1.89 | 1.81 | 1.38 | 1.65 | 1.59 | 2.63 | 3.09 |
| P/FCF | — | — | — | — | — | — | — | — | 26.34 | — | 20.79 |
| P/OCF | 11.43 | 10.12 | 9.56 | 4.67 | 10.48 | 773.79 | 5.76 | 8.41 | 5.98 | 8.67 | 5.54 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
CenterPoint Energy, Inc.'s enterprise value stands at 14.3x EBITDA, 16% above its 5-year average of 12.4x. The Utilities sector median is 11.4x, placing the stock at a 26% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.21 | 4.79 | 4.21 | 3.84 | 3.94 | 3.34 | 3.79 | 2.82 | 2.17 | 2.52 |
| EV / EBITDA | 14.29 | 13.40 | 12.07 | 11.58 | 12.52 | 12.28 | 11.12 | 12.48 | 8.39 | 9.62 | 8.81 |
| EV / EBIT | 24.66 | 22.68 | 20.16 | 20.48 | 18.42 | 25.17 | 22.70 | 25.76 | 18.23 | 14.38 | 16.98 |
| EV / FCF | — | — | — | — | — | — | — | — | 36.51 | — | 36.84 |
Margins and return-on-capital ratios measuring operating efficiency
CenterPoint Energy, Inc. earns an operating margin of 22.6%, above the Utilities sector average of 19.9%. Operating margins have expanded from 20.2% to 22.6% over the past 3 years, signaling improving operational efficiency. ROE of 9.6% is modest. ROIC of 4.8% represents below-average returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.7% | 28.7% | 46.0% | 42.4% | 36.4% | 38.4% | 39.5% | 36.6% | 39.9% | 26.7% | 33.6% |
| Operating Margin | 22.6% | 22.6% | 23.0% | 20.2% | 16.8% | 16.3% | 14.0% | 14.2% | 13.8% | 11.8% | 13.6% |
| Net Profit Margin | 11.2% | 11.2% | 11.8% | 10.5% | 11.3% | 17.8% | -10.4% | 10.5% | 5.9% | 18.6% | 5.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.6% | 9.6% | 10.0% | 9.3% | 10.9% | 16.7% | -9.3% | 9.6% | 5.8% | 44.0% | 12.5% |
| ROA | 2.3% | 2.3% | 2.4% | 2.3% | 2.8% | 4.2% | -2.2% | 2.5% | 1.5% | 8.0% | 2.0% |
| ROIC | 4.8% | 4.8% | 5.0% | 4.8% | 4.5% | 4.4% | 3.5% | 4.4% | 5.0% | 6.8% | 6.5% |
| ROCE | 5.2% | 5.2% | 5.3% | 5.1% | 4.7% | 4.4% | 3.5% | 3.9% | 4.0% | 5.9% | 5.4% |
Solvency and debt-coverage ratios — lower is generally safer
CenterPoint Energy, Inc. carries a Debt/EBITDA ratio of 6.5x, which is highly leveraged (37% above the sector average of 4.8x). Net debt stands at $23.6B ($23.7B total debt minus $49M cash). Interest coverage of just 2.4x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.12 | 2.12 | 1.97 | 1.93 | 1.68 | 1.71 | 1.61 | 1.81 | 1.14 | 1.89 | 2.48 |
| Debt / EBITDA | 6.50 | 6.50 | 6.11 | 5.89 | 5.91 | 6.01 | 6.03 | 6.58 | 4.34 | 4.07 | 4.00 |
| Net Debt / Equity | — | 2.12 | 1.96 | 1.92 | 1.67 | 1.69 | 1.59 | 1.78 | 0.61 | 1.83 | 2.38 |
| Net Debt / EBITDA | 6.49 | 6.49 | 6.11 | 5.86 | 5.88 | 5.92 | 5.97 | 6.48 | 2.34 | 3.95 | 3.84 |
| Debt / FCF | — | — | — | — | — | — | — | — | 10.17 | — | 16.05 |
| Interest Coverage | 2.38 | 2.38 | 2.45 | 2.55 | 3.70 | 2.47 | 2.06 | 1.96 | 2.31 | 3.73 | 2.60 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.91x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.78x to 0.91x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.91 | 0.91 | 1.08 | 0.78 | 0.92 | 1.72 | 0.61 | 0.99 | 2.13 | 1.11 | 0.95 |
| Quick Ratio | 0.91 | 0.91 | 0.91 | 0.58 | 0.75 | 1.57 | 0.50 | 0.87 | 2.01 | 0.98 | 0.85 |
| Cash Ratio | 0.09 | 0.09 | 0.14 | 0.16 | 0.11 | 0.39 | 0.21 | 0.27 | 1.44 | 0.40 | 0.42 |
| Asset Turnover | — | 0.19 | 0.20 | 0.22 | 0.24 | 0.22 | 0.22 | 0.21 | 0.23 | 0.42 | 0.34 |
| Inventory Turnover | — | — | 6.54 | 6.51 | 6.76 | 8.46 | 8.98 | 10.16 | 9.58 | 17.76 | 16.01 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
CenterPoint Energy, Inc. returns 2.0% to shareholders annually primarily through dividends. A payout ratio of 54.6% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 3.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.0% | 2.3% | 2.6% | 2.7% | 2.3% | 2.3% | 3.4% | 4.2% | 7.0% | 3.7% | 5.8% |
| Payout Ratio | 54.6% | 54.6% | 51.2% | 52.9% | 41.6% | 25.9% | — | 72.9% | 243.8% | 25.7% | 143.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.7% | 4.2% | 5.0% | 4.8% | 5.3% | 8.2% | — | 4.9% | 2.6% | 14.6% | 4.1% |
| FCF Yield | — | — | — | — | — | — | — | — | 3.8% | — | 4.8% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 2.0% | 2.3% | 2.6% | 2.7% | 2.3% | 2.3% | 3.4% | 4.2% | 7.0% | 3.7% | 5.8% |
| Shares Outstanding | — | $656M | $644M | $633M | $632M | $610M | $531M | $505M | $452M | $434M | $434M |
Compare CNP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $28B | 27.2 | 14.3 | — | 28.7% | 22.6% | 9.6% | 4.8% | 6.5 | |
| $23B | 24.7 | 12.8 | — | 74.3% | 27.6% | 8.3% | 5.3% | 5.2 | |
| $10B | 20.6 | 11.4 | 119.4 | 44.2% | 24.5% | 9.8% | 5.8% | 4.2 | |
| $19B | 22.3 | 7.1 | — | 83.3% | 25.7% | 12.7% | 8.3% | 0.1 | |
| $3B | 17.2 | 10.4 | — | 24.2% | 18.0% | 7.3% | 4.5% | 5.3 | |
| $12B | 20.1 | 14.4 | — | 25.4% | 20.9% | 8.8% | 3.9% | 8.5 | |
| $4B | 24.1 | 13.3 | — | 82.3% | 20.2% | 6.3% | 4.0% | 5.7 | |
| $108B | 24.5 | 13.0 | — | 29.8% | 24.6% | 11.5% | 5.3% | 4.9 | |
| $99B | 20.2 | 12.7 | — | 31.6% | 26.6% | 9.5% | 4.6% | 6.1 | |
| $75B | 20.6 | 14.2 | — | 31.8% | 24.3% | 12.1% | 5.1% | 5.7 | |
| $51B | 23.8 | 14.6 | — | 24.3% | 19.6% | 9.4% | 4.0% | 6.0 | |
| Utilities Median | — | 20.1 | 11.4 | 15.1 | 40.9% | 19.9% | 9.4% | 4.8% | 4.8 |
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Start ComparisonQuick answers to the most common questions about buying CNP stock.
CenterPoint Energy, Inc.'s current P/E ratio is 27.2x. The historical average is 16.3x. This places it at the 92th percentile of its historical range.
CenterPoint Energy, Inc.'s current EV/EBITDA is 14.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.9x.
CenterPoint Energy, Inc.'s return on equity (ROE) is 9.6%. The historical average is 8.7%.
Based on historical data, CenterPoint Energy, Inc. is trading at a P/E of 27.2x. This is at the 92th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
CenterPoint Energy, Inc.'s current dividend yield is 2.01% with a payout ratio of 54.6%.
CenterPoint Energy, Inc. has 28.7% gross margin and 22.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
CenterPoint Energy, Inc.'s Debt/EBITDA ratio is 6.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.