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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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 Gross Profit Ebitda Selling General Administrative

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of CenterPoint Energy minus its cost of goods sold. It is profit before CenterPoint Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Profit	3.2B	3.4B	3.7B	2.9B
Total Revenue	8.4B	9.3B	8.7B	9.9B

Gross Profit Total Revenue

CenterPoint Energy income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Operating Income	Ebit	Ebitda	Net Income	Income Tax Expense	Depreciation And Amortization	Other Operating Expenses	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Extraordinary Items	Minority Interest	Selling General Administrative	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Discontinued Operations	Reconciled Depreciation
Interest Expense		0.61	-0.06	-0.54	-0.49	-0.3	0.17	0.54	0.39	0.46	0.36	0.25	0.21	-0.24	-0.1	-0.67	0.2	0.04	0.13	-0.01	0.44	-0.32	-0.65	0.54	0.57
Total Revenue	0.61		-0.33	-0.55	-0.26	-0.26	0.39	0.31	-0.02	0.96	0.9	0.05	0.33	0.13	0.0	-0.65	-0.01	0.36	0.3	-0.4	0.3	-0.39	-0.19	0.33	0.39
Gross Profit	-0.06	-0.33		0.59	0.34	0.57	0.35	0.07	0.29	-0.44	-0.64	0.82	0.34	0.09	-0.48	0.42	-0.36	0.13	0.2	0.8	0.09	0.07	-0.23	0.3	0.17
Operating Income	-0.54	-0.55	0.59		0.61	0.63	0.27	-0.18	-0.03	-0.61	-0.62	0.15	0.35	0.06	-0.23	0.86	-0.19	0.27	0.33	0.42	-0.01	0.29	-0.02	0.14	-0.04
Ebit	-0.49	-0.26	0.34	0.61		0.84	0.46	-0.13	-0.55	-0.25	-0.26	0.06	0.5	0.51	-0.41	0.59	-0.22	0.54	0.57	0.15	0.17	-0.26	0.02	-0.07	0.1
Ebitda	-0.3	-0.26	0.57	0.63	0.84		0.44	0.08	-0.04	-0.31	-0.35	0.19	0.58	0.44	-0.49	0.5	-0.13	0.53	0.58	0.46	0.24	-0.21	-0.17	0.24	0.25
Net Income	0.17	0.39	0.35	0.27	0.46	0.44		0.13	-0.22	0.31	0.18	0.4	0.89	0.54	0.0	-0.02	-0.15	0.92	0.83	0.1	0.08	-0.24	-0.1	0.25	0.15
Income Tax Expense	0.54	0.31	0.07	-0.18	-0.13	0.08	0.13		0.29	0.26	0.17	0.28	0.48	0.29	0.03	-0.37	0.42	0.02	0.48	0.11	0.44	0.2	-0.2	0.22	0.2
Depreciation And Amortization	0.39	-0.02	0.29	-0.03	-0.55	-0.04	-0.22	0.29		-0.14	-0.18	0.17	-0.08	-0.36	-0.05	-0.14	0.21	-0.28	-0.22	0.51	0.04	0.23	-0.35	0.54	0.2
Other Operating Expenses	0.46	0.96	-0.44	-0.61	-0.25	-0.31	0.31	0.26	-0.14		0.96	-0.03	0.24	0.22	0.13	-0.71	-0.01	0.32	0.24	-0.52	0.18	-0.32	0.04	0.1	0.22
Cost Of Revenue	0.36	0.9	-0.64	-0.62	-0.26	-0.35	0.18	0.17	-0.18	0.96		-0.3	0.14	0.16	0.21	-0.68	0.1	0.28	0.18	-0.65	0.14	-0.31	0.09	0.05	0.16
Total Operating Expenses	0.25	0.05	0.82	0.15	0.06	0.19	0.4	0.28	0.17	-0.03	-0.3		0.31	0.17	-0.34	0.01	-0.38	0.06	0.18	0.56	0.12	0.03	-0.17	0.19	0.16
Income Before Tax	0.21	0.33	0.34	0.35	0.5	0.58	0.89	0.48	-0.08	0.24	0.14	0.31		0.59	-0.04	0.04	0.08	0.84	0.97	0.16	0.28	-0.1	-0.18	0.34	0.22
Total Other Income Expense Net	-0.24	0.13	0.09	0.06	0.51	0.44	0.54	0.29	-0.36	0.22	0.16	0.17	0.59		0.2	0.03	0.17	0.5	0.68	0.03	-0.28	0.15	0.48	-0.41	-0.41
Extraordinary Items	-0.1	0.0	-0.48	-0.23	-0.41	-0.49	0.0	0.03	-0.05	0.13	0.21	-0.34	-0.04	0.2		-0.32	0.38	0.05	0.03	-0.33	-0.53	0.5	0.61	-0.43	-0.69
Minority Interest	-0.67	-0.65	0.42	0.86	0.59	0.5	-0.02	-0.37	-0.14	-0.71	-0.68	0.01	0.04	0.03	-0.32		-0.18	-0.03	0.06	0.38	-0.15	0.27	0.03	-0.05	-0.13
Selling General Administrative	0.2	-0.01	-0.36	-0.19	-0.22	-0.13	-0.15	0.42	0.21	-0.01	0.1	-0.38	0.08	0.17	0.38	-0.18		-0.08	0.16	-0.03	-0.22	0.35	0.13	-0.13	-0.22
Net Income From Continuing Ops	0.04	0.36	0.13	0.27	0.54	0.53	0.92	0.02	-0.28	0.32	0.28	0.06	0.84	0.5	0.05	-0.03	-0.08		0.81	-0.06	0.11	-0.36	-0.06	0.24	0.18
Non Operating Income Net Other	0.13	0.3	0.2	0.33	0.57	0.58	0.83	0.48	-0.22	0.24	0.18	0.18	0.97	0.68	0.03	0.06	0.16	0.81		0.05	0.21	-0.04	-0.08	0.18	0.13
Non Recurring	-0.01	-0.4	0.8	0.42	0.15	0.46	0.1	0.11	0.51	-0.52	-0.65	0.56	0.16	0.03	-0.33	0.38	-0.03	-0.06	0.05		-0.04	0.2	-0.16	0.28	0.06
Tax Provision	0.44	0.3	0.09	-0.01	0.17	0.24	0.08	0.44	0.04	0.18	0.14	0.12	0.28	-0.28	-0.53	-0.15	-0.22	0.11	0.21	-0.04		-0.57	-0.69	0.67	0.81
Interest Income	-0.32	-0.39	0.07	0.29	-0.26	-0.21	-0.24	0.2	0.23	-0.32	-0.31	0.03	-0.1	0.15	0.5	0.27	0.35	-0.36	-0.04	0.2	-0.57		0.54	-0.45	-0.7
Net Interest Income	-0.65	-0.19	-0.23	-0.02	0.02	-0.17	-0.1	-0.2	-0.35	0.04	0.09	-0.17	-0.18	0.48	0.61	0.03	0.13	-0.06	-0.08	-0.16	-0.69	0.54		-0.82	-0.88
Discontinued Operations	0.54	0.33	0.3	0.14	-0.07	0.24	0.25	0.22	0.54	0.1	0.05	0.19	0.34	-0.41	-0.43	-0.05	-0.13	0.24	0.18	0.28	0.67	-0.45	-0.82		0.8
Reconciled Depreciation	0.57	0.39	0.17	-0.04	0.1	0.25	0.15	0.2	0.2	0.22	0.16	0.16	0.22	-0.41	-0.69	-0.13	-0.22	0.18	0.13	0.06	0.81	-0.7	-0.88	0.8

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CenterPoint Energy Account Relationship Matchups

CenterPoint Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	567M	501M	529M	524M	701M	736.1M
Total Revenue	7.6B	7.4B	8.4B	9.3B	8.7B	9.9B
Gross Profit	2.8B	2.9B	3.2B	3.4B	3.7B	2.9B
Operating Income	1.1B	(168M)	1.4B	1.6B	1.8B	1.5B
Ebit	2.7B	1.1B	1.3B	1.9B	1.8B	1.6B
Ebitda	2.7B	2.3B	2.6B	3.2B	3.2B	2.1B
Net Income	791M	(591M)	668M	1.1B	917M	962.9M
Income Tax Expense	92M	(274M)	110M	360M	170M	178.5M
Depreciation And Amortization	171.9K	1.2B	1.3B	1.3B	1.4B	816.2M
Other Operating Expenses	6.5B	6.2B	7.0B	7.8B	6.9B	7.4B
Cost Of Revenue	4.8B	4.5B	5.1B	5.9B	5.0B	5.6B
Total Operating Expenses	1.7B	1.7B	1.8B	1.8B	1.9B	1.8B
Income Before Tax	774M	(865M)	778M	1.4B	1.1B	1.1B
Total Other Income Expense Net	(297M)	(476M)	(585M)	(149M)	(673M)	(639.4M)
Net Income Applicable To Common Shares	674M	(949M)	1.4B	1.0B	1.2B	1.2B
Selling General Administrative	478M	516M	528M	543M	488.7M	942.5M
Net Income From Continuing Ops	791M	(591M)	668M	1.1B	859M	547.0M
Non Operating Income Net Other	270M	(1.4B)	(56M)	375M	337.5M	354.4M
Tax Provision	138M	(274M)	110M	360M	277M	290.9M
Interest Income	22M	4M	598M	379M	341.1M	437.8M
Net Interest Income	(567M)	(525M)	(529M)	(524M)	(638M)	(669.9M)
Reconciled Depreciation	1.3B	1.2B	1.3B	1.3B	1.4B	1.4B
Preferred Stock And Other Adjustments	117M	176M	95M	49M	56.4M	103.8M

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

0.58	GNE	Genie Energy	Pair Corr
0.55	ES	Eversource Energy	Pair Corr
0.5	FE	FirstEnergy	Pair Corr
0.42	HE	Hawaiian Electric	Pair Corr
0.42	AEP	American Electric Power	Pair Corr

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 Correlation Correlation 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.

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CenterPoint Historical Income Statement

About CenterPoint Income Statement Analysis

CenterPoint Energy Income Statement Chart

Total Revenue

Gross Profit

CenterPoint Energy income statement Correlations

CenterPoint Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CenterPoint Energy income statement Accounts

Pair Trading with CenterPoint Energy

Moving against CenterPoint Stock

Additional Tools for CenterPoint Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Operating Income Net Other	+ 0.97	Income Before Tax
Other Operating Expenses	+ 0.96	Total Revenue
Cost Of Revenue	+ 0.96	Other Operating Expenses
Net Income From Continuing Ops	+ 0.92	Net Income
Cost Of Revenue	+ 0.9	Total Revenue
Income Before Tax	+ 0.89	Net Income

Reconciled Depreciation	- 0.88	Net Interest Income
Discontinued Operations	- 0.82	Net Interest Income
Minority Interest	- 0.71	Other Operating Expenses
Reconciled Depreciation	- 0.7	Interest Income
Net Interest Income	- 0.69	Tax Provision
Reconciled Depreciation	- 0.69	Extraordinary Items