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CenterPoint Energy is a company engaged in electric transmission and distribution, natural gas distribution, and natural gas sales and services. It provides natural gas marketing and energy-related services, energy efficiency, sustainability and infrastructure modernization solutions, construction and repair services for pipeline systems, primarily natural gas.
TypePublic
Founded1866
HQHouston, TX, US
Websitecenterpointenergy.com
Employee Ratings3.9
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2019)14,262(+79%)
Revenue (FY, 2019)$12.3 B(+17%)
Share Price (Jan 2021)$21.7 (+2%)
Cybersecurity ratingCMore

Key People/Management at CenterPoint Energy

David J. Lesar

David J. Lesar

President & Chief Executive Officer
Kristie L. Colvin

Kristie L. Colvin

Senior Vice President & Chief Accounting Officer
Joseph McGoldrick

Joseph McGoldrick

Executive Vice President and President, Gas Division
Scott E. Doyle

Scott E. Doyle

Executive Vice President, Natural Gas
Lynnae Wilson

Lynnae Wilson

Senior Vice President - High Voltage Operations
Jason M. Ryan

Jason M. Ryan

Senior Vice President, Regulatory Services and Government Affairs
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CenterPoint Energy Office Locations

CenterPoint Energy has offices in Houston and Minneapolis
Houston, TX, US (HQ)
CenterPoint Energy Plaza, 1111 Louisiana St
Minneapolis, MN, US
505 Nicollet Ave
Show all (2)

CenterPoint Energy Financials and Metrics

CenterPoint Energy Revenue

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View revenue for all periods
CenterPoint Energy's revenue was reported to be $12.30 b in FY, 2019
USD

Revenue (Q3, 2020)

1.6b

Gross profit (Q3, 2020)

1.6b

Gross profit margin (Q3, 2020), %

96.1%

Net income (Q3, 2020)

121.0m

EBIT (Q3, 2020)

302.0m

Market capitalization (19-Jan-2021)

11.8b

Closing stock price (19-Jan-2021)

21.7

Cash (30-Sept-2020)

172.0m
CenterPoint Energy's current market capitalization is $11.8 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

7.5b9.6b10.6b12.3b

Revenue growth, %

2%28%10%

Cost of goods sold

3.0b4.9b5.8b4.0b

Gross profit

4.6b4.7b4.8b8.3b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.7b2.1b2.1b3.2b2.2b2.2b3.5b2.8b2.2b1.6b1.6b

Cost of goods sold

1.6b1.0b938.0m1.9b978.0m998.0m2.0b1.2b64.0m69.0m63.0m

Gross profit

1.2b1.1b1.2b1.2b1.2b1.2b1.5b1.6b2.1b1.5b1.6b

Gross profit Margin, %

42%52%55%39%55%55%44%58%97%96%96%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

341.0m260.0m4.2b241.0m

Accounts Receivable

740.0m1.0b1.2b1.2b

Prepaid Expenses

161.0m241.0m192.0m161.0m

Inventories

312.0m397.0m394.0m269.0m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

432.0m1.8b368.0m791.0m

Depreciation and Amortization

1.1b1.0b1.2b1.4b

Inventories

34.0m(7.0m)1.0m(52.0m)

Accounts Payable

133.0m136.0m220.0m(455.0m)
USDFY, 2016

Revenue/Employee

974.2k

Debt/Equity

2.7 x

Debt/Assets

0.4 x

Financial Leverage

6.3 x
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CenterPoint Energy Operating Metrics

FY, 2016FY, 2017FY, 2018

States

31 33 30

Customers (Gas)

3.44 m3.47 m3.51 m

Transmission Lines, circuit miles

3.72 k3.71 k3.84 k

Distribution Lines, circuit miles

52.64 k53.55 k54.35 k
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CenterPoint Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
CenterPoint Energy Houston Electric, LLC
CenterPoint Energy Midstream, Inc.
CenterPoint Energy Resources Corp.
CenterPoint Energy Services, Inc.
Utility Holding, LLC

CenterPoint Energy Revenue Breakdown

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CenterPoint Energy revenue breakdown by business segment: 30.5% from Electric delivery, 39.3% from Retail gas sales, 28.4% from Wholesale gas sales and 1.8% from Other

CenterPoint Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

CenterPoint Energy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

CenterPoint Energy Online and Social Media Presence

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CenterPoint Energy Company Culture

  • Overall Culture

    C-

    61/100

  • CEO Rating

    D-

    58/100

  • Compensation

    C

    64/100

  • Diversity

    D

    52/100

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CenterPoint Energy News and Updates

CenterPoint Energy Names Kenneth E. Coleman Senior Vice President and Chief Information Officer

Coleman will lead the company's enterprise-wide information technology strategy, including the development, maintenance, use and security of CenterPoint Energy's computer systems, software and networks. He will report to Gregory Knight , Executive Vice President, Customer Transformation and Business…

CenterPoint Energy, Inc. to Host Webcast of Fourth Quarter & Full Year 2020 Earnings Conference Call

Houston, TX, Nov. 12, 2020 (GLOBE NEWSWIRE) --   Date:  February 25, 2021

CenterPoint Energy issues 2020 Corporate Responsibility Report and 2019 GRI Index

The report discusses how CenterPoint Energy engages with stakeholders, approaches leadership and governance, builds strong communities, delivers reliable electricity and natural gas and invests in a clean energy future.read more

CenterPoint Energy offers Minnesota businesses an online tool to measure and manage their energy use

The tool will provide customers with potential opportunities to   lower their utility bills and reduce their carbon footprint.read more

CenterPoint Energy crews depart for Louisiana to support ongoing power restoration efforts

CenterPoint Energy crews will start working 16-hour shifts after the safety and onboarding process is complete. The company is making plans to send a second wave of resources to support this effort. In response to COVID-19, CenterPoint Energy will continue to take the necessary steps to protect the …

CenterPoint Energy, Inc. to Host Webcast of Third Quarter 2020 Earnings Conference Call

Houston, TX, Aug. 10, 2020 (GLOBE NEWSWIRE) --  
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CenterPoint Energy Frequently Asked Questions

  • When was CenterPoint Energy founded?

    CenterPoint Energy was founded in 1866.

  • Who are CenterPoint Energy key executives?

    CenterPoint Energy's key executives are David J. Lesar, Kristie L. Colvin and Joseph McGoldrick.

  • How many employees does CenterPoint Energy have?

    CenterPoint Energy has 14,262 employees.

  • What is CenterPoint Energy revenue?

    Latest CenterPoint Energy annual revenue is $12.3 b.

  • What is CenterPoint Energy revenue per employee?

    Latest CenterPoint Energy revenue per employee is $862.5 k.

  • Who are CenterPoint Energy competitors?

    Competitors of CenterPoint Energy include Solar Turbines, CPS Energy and Southern Company.

  • Where is CenterPoint Energy headquarters?

    CenterPoint Energy headquarters is located at CenterPoint Energy Plaza, 1111 Louisiana St, Houston.

  • Where are CenterPoint Energy offices?

    CenterPoint Energy has offices in Houston and Minneapolis.

  • How many offices does CenterPoint Energy have?

    CenterPoint Energy has 2 offices.