Utilities · Multi-Utilities · US stock · price as of 16 Oct 2026
Key indicators
Price
$40.55
52-week range
$36.37 – $44.99
Market cap
$26.7B
P/E (trailing)
24.8×
EV / EBITDA
12.9×
Free-cash-flow yield
−10.0%
Dividend yield
2.3%
Revenue (last 12 months)
$9.4B
Revenue growth (3y a year)
0.1%
Operating margin
22.6%
Return on invested capital
5.4%
Net debt / EBITDA
5.7×
Fair value
Blended fair value$31.94 range $32 – $38
Versus priceFair−21% to fair value
Peer multiples
$37.45
Fundamentals-adjusted multiple
$38.60
10-year DCF (market-scaled)
$19.77
Earnings power value (floor, not blended)
$5.65
Model uncertainty
Medium
X-Ray Score
37/ 100 · Medium confidence · ahead of 16% of sector peers
Valuation30
Growth23
Profitability49
Financial health43
Dividends42
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
CenterPoint Energy is a Houston-based energy delivery company. It operates the electricity transmission and distribution system serving the Houston area and distributes natural gas to homes and businesses in several states, and it also provides electricity in Indiana. Customers are households, businesses and industrial users, and rates are set by state and local regulators.
Revenue comes from regulated charges for delivering electricity and natural gas. It totals $9.4 billion over the last twelve months, with revenue growth over three years of 0.1% a year. The operating margin is 22.6%, and the business earns a profit of 5% on the capital invested in it. CenterPoint carries net debt of 5.7 times EBITDA, and the dividend yield is 2.3%.
StocksXray gives Centerpoint Energy Inc an X-Ray Score of 37 out of 100 (medium confidence), ahead of 16% of the S&P 500 stocks in its sector. Its strongest lens is profitability (49) and its weakest is growth (23).
Our fair value blend is $31.94 (range $31.52 to $38.03). At $40.55 the stock trades 27% above that blend, so the label is "Fair" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Centerpoint Energy Inc (CNP)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$24.76
$27.23
$26.66
$30.46
$37.70
$40.55
Market cap
$15.1B
$17.2B
$16.9B
$19.6B
$24.7B
$26.7B
P/E
10.9×
17.1×
19.5×
19.3×
23.6×
24.8×
EV / revenue
3.5×
3.6×
4.0×
4.7×
5.1×
5.1×
EV / EBITDA
11.0×
11.9×
11.0×
11.8×
13.1×
12.9×
Price / free cash flow
–
–
–
–
–
–
Free-cash-flow yield
−20.8%
−15.2%
−3.1%
−12.1%
−9.6%
−10.0%
Price / book
1.6×
1.7×
1.7×
1.8×
2.2×
2.3×
Dividend yield
–
2.64%
2.93%
2.72%
2.36%
2.27%
Fundamentals checklist ● 3 Good · ● 5 Average · ● 7 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−2.7%Bad
Free-cash-flow yield−10.0%Bad
Risk models
Altman Z score0.9×Good
Piotroski F-Score4 of 9Bad
Growth
EPS growth (3y)0.2%Bad
Revenue growth (3y)0.1%Bad
Growth consistency70%Bad
Balance sheet
Current ratio1.2×Good
Net debt / EBITDA5.7×Average
Interest cover2.2×Average
Valuation
Fair value vs price0.8×Bad
EBIT / EV yield4.4%Average
Profitability
Return on invested capital5.4%Average
Operating margin22.6%Average
Gross profitability19.6%Good
XStocksXray
Centerpoint Energy Inc (CNP)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
8,352
9,327
8,696
8,643
9,357
9,376
Gross profit
8,144
9,123
8,597
8,640
9,353
9,372
Operating income
1,363
1,566
1,760
1,990
2,110
2,119
Net income
1,486
1,057
917
1,019
1,052
1,071
Diluted EPS ($)
2.28
1.59
1.37
1.58
1.60
1.63
Free cash flow
-3,142
-2,609
-524
-2,374
-2,384
-2,672
Gross margin
97.5%
97.8%
98.9%
100.0%
100.0%
100.0%
Operating margin
16.3%
16.8%
20.2%
23.0%
22.5%
22.6%
Net margin
17.8%
11.3%
10.5%
11.8%
11.2%
11.4%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
37,679
38,546
39,715
43,768
46,534
47,837
Cash
230
74
90
24
38
639
Total debt
16,110
17,367
18,622
21,463
23,480
22,476
Equity
9,415
10,042
9,667
10,666
11,153
11,449
Dividend per share ($)
–
0.72
0.78
0.83
0.89
0.89
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.