NYSE · Electric Services
Quote as of Oct 9, 2:31 PM ET · delayed
Fairly Valued. Our fair value estimate is USD 36.10 against a price of USD 38.69, -7% implied downside. Reasoning and scenarios are in CenterPoint Energy stock: Houston’s load boom comes with a $66.7B bill.
Centerpoint Energy declared USD 0.89 per share in dividends in FY2025, up 7.2% from USD 0.83 in FY2024. At USD 38.69 that is a 2.30% trailing yield. The dividend took 56% of FY2025 diluted EPS of USD 1.60.
CenterPoint Energy stock has a bigger Houston growth opportunity—and a larger capital plan to fund it. The load pipeline is promising, but approvals, financing and customer connections decide whether it earns its keep.
StockLarge CapUtilitiesNo earnings notes for this company yet.
Revenue (USD, billions)
Margins (%)
Free cash flow (USD, billions)
Estimated ROIC (%)
Net debt (USD, billions)
Monetary values are in USD; revenue, FCF and net debt are in billions; EPS is per share. Missing values appear as gaps and “Not available.” Source: SEC EDGAR XBRL filings, latest restated values; quarterly cash flow derived from year-to-date figures; Q4 = fiscal year minus nine months. ROIC is NOPAT (21% tax) over debt plus equity.
| Period | Revenue | Gross % | Op % | FCF | EPS | ROIC % | Net debt |
|---|---|---|---|---|---|---|---|
| FY2016 | 7.53 | Not available | 13.6 | Not available | 1.00 | 7.35 | 7.19 |
| FY2017 | 5.70 | Not available | 17.6 | Not available | 4.13 | 6.15 | 7.93 |
| FY2018 | 6.28 | Not available | 13.8 | Not available | 0.74 | 4.10 | 4.45 |
| FY2019 | 7.56 | Not available | 14.2 | Not available | 1.33 | 3.74 | 14.0 |
| FY2020 | 7.42 | Not available | 14.0 | Not available | -1.79 | 4.13 | 11.4 |
| FY2021 | 8.35 | Not available | 16.3 | Not available | 2.28 | 4.31 | 15.3 |
| FY2022 | 9.32 | Not available | 16.8 | Not available | 1.59 | 4.97 | 14.8 |
| FY2023 | 8.70 | Not available | 20.2 | -0.52 | 1.37 | 5.11 | 17.5 |
| FY2024 | 8.64 | Not available | 23.0 | -2.37 | 1.58 | 5.06 | 20.4 |
| FY2025 | 9.36 | Not available | 22.6 | -2.38 | 1.60 | 5.26 | 20.5 |
Current price
USD 38.69
Fair value estimate
USD 36.10
Implied upside
-6.7%
Bear
25%USD 30
Direct equity valuation: assumed 2026 non-GAAP EPS multiplied by an assumed P/E; equity value divided by diluted shares.
Load conversion or recovery disappoints and financing pressure weighs on the earnings multiple. EPS and multiple are analyst assumptions, not company guidance.
Base
50%USD 36
Direct equity valuation: 2026 non-GAAP EPS guidance midpoint multiplied by an assumed P/E; equity value divided by diluted shares.
The company delivers approximately its reiterated midpoint guidance and receives a 19x multiple. The multiple and share count are valuation assumptions; per-share value follows from midpoint EPS times the multiple.
Bull
25%USD 44
Direct equity valuation: assumed 2026 non-GAAP EPS multiplied by an assumed P/E; equity value divided by diluted shares.
Load connections, timely investment recovery and execution support earnings above the midpoint and a higher multiple. Both EPS and multiple are analyst assumptions, not management guidance.
No news items logged for this company yet.