CenterPoint Historical Income Statement

CNP Stock  USD 32.66  0.13  0.40%   
Historical analysis of CenterPoint Energy income statement accounts such as Total Revenue of 9.9 B, Gross Profit of 2.9 B or Operating Income of 1.5 B can show how well CenterPoint Energy performed in making a profits. Evaluating CenterPoint Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CenterPoint Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining CenterPoint Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CenterPoint Energy is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CenterPoint Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in CenterPoint Stock, please use our How to Invest in CenterPoint Energy guide.

About CenterPoint Income Statement Analysis

CenterPoint Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CenterPoint Energy shareholders. The income statement also shows CenterPoint investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

CenterPoint Energy Income Statement Chart

At this time, CenterPoint Energy's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 11/28/2024, Minority Interest is likely to grow to about 44.1 M, while EBIT is likely to drop slightly above 1.6 B.

Total Revenue

Total revenue comprises all receipts CenterPoint Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Operating Income

Operating Income is the amount of profit realized from CenterPoint Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CenterPoint Energy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from CenterPoint Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CenterPoint Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CenterPoint Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in CenterPoint Stock, please use our How to Invest in CenterPoint Energy guide.At this time, CenterPoint Energy's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 11/28/2024, Minority Interest is likely to grow to about 44.1 M, while EBIT is likely to drop slightly above 1.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit3.2B3.4B3.7B2.9B
Total Revenue8.4B9.3B8.7B9.9B

CenterPoint Energy income statement Correlations

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0.61-0.33-0.55-0.26-0.260.390.31-0.020.960.90.050.330.130.0-0.65-0.010.360.3-0.40.3-0.39-0.190.330.39
-0.06-0.330.590.340.570.350.070.29-0.44-0.640.820.340.09-0.480.42-0.360.130.20.80.090.07-0.230.30.17
-0.54-0.550.590.610.630.27-0.18-0.03-0.61-0.620.150.350.06-0.230.86-0.190.270.330.42-0.010.29-0.020.14-0.04
-0.49-0.260.340.610.840.46-0.13-0.55-0.25-0.260.060.50.51-0.410.59-0.220.540.570.150.17-0.260.02-0.070.1
-0.3-0.260.570.630.840.440.08-0.04-0.31-0.350.190.580.44-0.490.5-0.130.530.580.460.24-0.21-0.170.240.25
0.170.390.350.270.460.440.13-0.220.310.180.40.890.540.0-0.02-0.150.920.830.10.08-0.24-0.10.250.15
0.540.310.07-0.18-0.130.080.130.290.260.170.280.480.290.03-0.370.420.020.480.110.440.2-0.20.220.2
0.39-0.020.29-0.03-0.55-0.04-0.220.29-0.14-0.180.17-0.08-0.36-0.05-0.140.21-0.28-0.220.510.040.23-0.350.540.2
0.460.96-0.44-0.61-0.25-0.310.310.26-0.140.96-0.030.240.220.13-0.71-0.010.320.24-0.520.18-0.320.040.10.22
0.360.9-0.64-0.62-0.26-0.350.180.17-0.180.96-0.30.140.160.21-0.680.10.280.18-0.650.14-0.310.090.050.16
0.250.050.820.150.060.190.40.280.17-0.03-0.30.310.17-0.340.01-0.380.060.180.560.120.03-0.170.190.16
0.210.330.340.350.50.580.890.48-0.080.240.140.310.59-0.040.040.080.840.970.160.28-0.1-0.180.340.22
-0.240.130.090.060.510.440.540.29-0.360.220.160.170.590.20.030.170.50.680.03-0.280.150.48-0.41-0.41
-0.10.0-0.48-0.23-0.41-0.490.00.03-0.050.130.21-0.34-0.040.2-0.320.380.050.03-0.33-0.530.50.61-0.43-0.69
-0.67-0.650.420.860.590.5-0.02-0.37-0.14-0.71-0.680.010.040.03-0.32-0.18-0.030.060.38-0.150.270.03-0.05-0.13
0.2-0.01-0.36-0.19-0.22-0.13-0.150.420.21-0.010.1-0.380.080.170.38-0.18-0.080.16-0.03-0.220.350.13-0.13-0.22
0.040.360.130.270.540.530.920.02-0.280.320.280.060.840.50.05-0.03-0.080.81-0.060.11-0.36-0.060.240.18
0.130.30.20.330.570.580.830.48-0.220.240.180.180.970.680.030.060.160.810.050.21-0.04-0.080.180.13
-0.01-0.40.80.420.150.460.10.110.51-0.52-0.650.560.160.03-0.330.38-0.03-0.060.05-0.040.2-0.160.280.06
0.440.30.09-0.010.170.240.080.440.040.180.140.120.28-0.28-0.53-0.15-0.220.110.21-0.04-0.57-0.690.670.81
-0.32-0.390.070.29-0.26-0.21-0.240.20.23-0.32-0.310.03-0.10.150.50.270.35-0.36-0.040.2-0.570.54-0.45-0.7
-0.65-0.19-0.23-0.020.02-0.17-0.1-0.2-0.350.040.09-0.17-0.180.480.610.030.13-0.06-0.08-0.16-0.690.54-0.82-0.88
0.540.330.30.14-0.070.240.250.220.540.10.050.190.34-0.41-0.43-0.05-0.130.240.180.280.67-0.45-0.820.8
0.570.390.17-0.040.10.250.150.20.20.220.160.160.22-0.41-0.69-0.13-0.220.180.130.060.81-0.7-0.880.8
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CenterPoint Energy Account Relationship Matchups

CenterPoint Energy income statement Accounts

201920202021202220232024 (projected)
Interest Expense567M501M529M524M701M736.1M
Total Revenue7.6B7.4B8.4B9.3B8.7B9.9B
Gross Profit2.8B2.9B3.2B3.4B3.7B2.9B
Operating Income1.1B(168M)1.4B1.6B1.8B1.5B
Ebit2.7B1.1B1.3B1.9B1.8B1.6B
Ebitda2.7B2.3B2.6B3.2B3.2B2.1B
Net Income791M(591M)668M1.1B917M962.9M
Income Tax Expense92M(274M)110M360M170M178.5M
Depreciation And Amortization171.9K1.2B1.3B1.3B1.4B816.2M
Other Operating Expenses6.5B6.2B7.0B7.8B6.9B7.4B
Cost Of Revenue4.8B4.5B5.1B5.9B5.0B5.6B
Total Operating Expenses1.7B1.7B1.8B1.8B1.9B1.8B
Income Before Tax774M(865M)778M1.4B1.1B1.1B
Total Other Income Expense Net(297M)(476M)(585M)(149M)(673M)(639.4M)
Net Income Applicable To Common Shares674M(949M)1.4B1.0B1.2B1.2B
Selling General Administrative478M516M528M543M488.7M942.5M
Net Income From Continuing Ops791M(591M)668M1.1B859M547.0M
Non Operating Income Net Other270M(1.4B)(56M)375M337.5M354.4M
Tax Provision138M(274M)110M360M277M290.9M
Interest Income22M4M598M379M341.1M437.8M
Net Interest Income(567M)(525M)(529M)(524M)(638M)(669.9M)
Reconciled Depreciation1.3B1.2B1.3B1.3B1.4B1.4B
Preferred Stock And Other Adjustments117M176M95M49M56.4M103.8M

Pair Trading with CenterPoint Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CenterPoint Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CenterPoint Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against CenterPoint Stock

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  0.55ES Eversource EnergyPairCorr
  0.5FE FirstEnergyPairCorr
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  0.42AEP American Electric PowerPairCorr
The ability to find closely correlated positions to CenterPoint Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CenterPoint Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CenterPoint Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CenterPoint Energy to buy it.
The correlation of CenterPoint Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CenterPoint Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CenterPoint Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CenterPoint Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for CenterPoint Stock Analysis

When running CenterPoint Energy's price analysis, check to measure CenterPoint Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CenterPoint Energy is operating at the current time. Most of CenterPoint Energy's value examination focuses on studying past and present price action to predict the probability of CenterPoint Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CenterPoint Energy's price. Additionally, you may evaluate how the addition of CenterPoint Energy to your portfolios can decrease your overall portfolio volatility.