CPS Energy

OverviewSuggest Edit

CPS Energy is an energy utility company providing both natural gas and electric services. The company generates electricity from coal, nuclear energy, landfill gas, and natural gas facilities. It is also engaged in solar generation and wind energy production.
TypePrivate
Founded1942
HQSan Antonio, TX, US
Websitecpsenergy.com
Employee Ratings4
Overall CultureC

Latest Updates

Employees (est.) (Nov 2021)1,929
Revenue (FY, 2019)$2.8 B(+6%)
Cybersecurity ratingCMore
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Key People/Management at CPS Energy

Paula Gold-Williams

Paula Gold-Williams

President, CEO
John Steen

John Steen

Trustee
Frank Almaraz

Frank Almaraz

Chief Administrative & Business Development Officer
Vivian Bouet

Vivian Bouet

Chief Information Officer
David Jungman

David Jungman

Senior Director of Business & Economic Development
John Benedict

John Benedict

Vice President of Real Estate Development
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CPS Energy Office Locations

CPS Energy has an office in San Antonio
San Antonio, TX, US (HQ)
500 McCullough Ave
Show all (1)

CPS Energy Financials and Metrics

Summary Metrics

Founding Date

1942
Show all financial metrics

CPS Energy Revenue

CPS Energy's revenue was reported to be $2.77 b in FY, 2019 which is a 5.9% increase from the previous period.
USD

Revenue (Q1, 2020)

494.9m

Gross profit (Q1, 2020)

162.1m

Gross profit margin (Q1, 2020), %

32.8%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.5b2.5b2.6b2.8b

Revenue growth, %

(1%)6%6%

Cost of goods sold

1.4b

Gross profit

1.4b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

489.6m735.6m721.6m543.7m781.9m722.6m574.7m880.7m761.7m494.9m

Cost of goods sold

332.8m

Gross profit

162.1m

Gross profit Margin, %

33%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

157.5m191.5m205.4m349.7m

Accounts Receivable

224.3m220.1m272.3m59.1m

Prepaid Expenses

53.7m50.4m45.0m55.5m

Inventories

210.5m210.4m202.6m154.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Current Assets

789.7m902.2m839.2m877.3m976.6m892.3m854.2m973.4m842.6m903.8m

PP&E

7.8b7.9b7.9b8.1b8.1b8.1b8.2b8.2b8.3b

Total Assets

10.8b11.0b11.1b11.3b11.3b11.3b11.1b11.5b11.5b11.8b

Current Liabilities

572.5m670.9m607.6m612.2m658.6m586.3m615.4m721.2m600.6m585.0m
USDFY, 2016FY, 2017FY, 2018FY, 2019

Depreciation and Amortization

450.6m471.9m471.4m445.2m

Inventories

(13.8m)51.0k7.9m(559.0k)

Accounts Payable

2.5m13.9m26.5m194.4m

Cash From Operating Activities

1.0b1.0b1.1b1.4b
USDFY, 2016

Debt/Equity

1.8 x

Debt/Assets

0.6 x

Financial Leverage

3.3 x
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CPS Energy Revenue Breakdown

Embed Graph

CPS Energy revenue breakdown by business segment: 93.9% from Electric and 6.1% from Gas

CPS Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

CPS Energy Online and Social Media Presence

Embed Graph

CPS Energy Company Culture

  • Overall Culture

    C

    67/100

  • CEO Rating

    C-

    63/100

  • Compensation

    C+

    68/100

  • Diversity

    C

    65/100

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CPS Energy News and Updates

Disco Learning Media supports new summer STEM initiative for CPS Energy

AUSTIN, TX, July 13, 2021 /PRNewswire/ - Disco Learning Media Inc. ("Disco"), a subsidiary of ProBility Media Corp. (OTCPK: PBYA), an education company building the first full-service training and career advancement brand for the skilled trades, has confirmed it will support a new...

How San Antonio-based CPS Energy is helping the city recover from the winter storm and making its energy systems more resilient

Summary List PlacementWhen a winter storm hit the state of Texas in February, millions of people lost power, including hundreds of thousands in San Antonio.  Three months later, the city is still feeling the effects. Electricity bills have been much higher than usual, and the event highlighted th…

CPS Energy Strengthens Lawsuit Against ERCOT In Light Of Recent Actions; Court Grants Temporary Restraining Order Preventing ERCOT From Passing On Unlawful Charges

SAN ANTONIO, April 29, 2021 /PRNewswire/ -- Yesterday, CPS Energy took swift action when it learned new facts and actions announced by the Electric Reliability Council of Texas (ERCOT); the utility filed a strengthened, amended lawsuit against ERCOT in Bexar County District Court to...

CPS Energy Launches Global RFP For Next Phase Of Conservation & Energy Efficiency Programs To Help More Customers

SAN ANTONIO, March 1, 2021 /PRNewswire/ -- CPS Energy, the largest municipally owned, fully-integrated electric and natural gas utility in the United States, formally launched a Request for Proposals (RFP) for conservation and energy efficiency programs to develop the next phase of its...

CPS Energy Launches Community Dialogue About Its Flexible Path Resource Plan, Including A Focus On Coal

SAN ANTONIO, Feb. 5, 2021 /PRNewswire/ -- CPS Energy, the largest municipally owned electric and natural gas company in the United States, is launching a community-wide dialogue about future paths it could pursue to power San Antonio, Texas, the nation's 7th largest city. In 2021, the...

CPS Energy Fails New National Utility Survey on Climate Action

SAN ANTONIO —The Sierra Club released a groundbreaking report and research tool , which grades the top 50 utilities that generate the most electricity from coal and gas across the country based on their plans to retire coal plants, stop building new gas plants, and invest in clean energy - allowing …
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CPS Energy Blogs

UPDATE ON PLANNED OUTAGES TO PREPARE FOR WINTER WEATHER

Under the Electric Reliability Council of Texas’ (ERCOT) new winter readiness efforts, generators across the state were asked to complete The post UPDATE ON PLANNED OUTAGES TO PREPARE FOR WINTER WEATHER appeared first on CPS Energy Newsroom.

CPS ENERGY OFFICES CLOSED THURSDAY, NOVEMBER 25 AND FRIDAY, NOVEMBER 26 FOR THANKSGIVING HOLIDAY

Residents in need of financial assistance encouraged to apply for ARPA online November 23, 2021 (SAN ANTONIO) – CPS Energy The post CPS ENERGY OFFICES CLOSED THURSDAY, NOVEMBER 25 AND FRIDAY, NOVEMBER 26 FOR THANKSGIVING HOLIDAY appeared first on CPS Energy Newsroom.

Update as of noon: system outage resolved

CPS Energy has resolved the information technology system outage that impacted the ability for customers to access our Manage My The post Update as of noon: system outage resolved appeared first on CPS Energy Newsroom.

Information system outage impacting customers

CPS Energy is currently experiencing an information system outage impacting the ability for customers to access our Manage My Account portal.  We The post Information system outage impacting customers appeared first on CPS Energy Newsroom.

City of San Antonio announces new utility assistance program

City will provide eligible San Antonio residents with utility assistance; funded by the American Rescue Plan Act FOR IMMEDIATE RELEASE The post City of San Antonio announces new utility assistance program appeared first on CPS Energy Newsroom.

Beyond Rio Grande’s bright lights and plentiful palms

Rio Grande City is a portion of the Rio Grande Valley known for producing bountiful crops and sprawling palm trees. The post Beyond Rio Grande’s bright lights and plentiful palms appeared first on CPS Energy Newsroom.
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CPS Energy Frequently Asked Questions

  • When was CPS Energy founded?

    CPS Energy was founded in 1942.

  • Who are CPS Energy key executives?

    CPS Energy's key executives are Paula Gold-Williams, John Steen and Frank Almaraz.

  • How many employees does CPS Energy have?

    CPS Energy has 1,929 employees.

  • What is CPS Energy revenue?

    Latest CPS Energy annual revenue is $2.8 b.

  • What is CPS Energy revenue per employee?

    Latest CPS Energy revenue per employee is $1.4 m.

  • Who are CPS Energy competitors?

    Competitors of CPS Energy include Public Service Enterprise Group, CenterPoint Energy and Devon Energy.

  • Where is CPS Energy headquarters?

    CPS Energy headquarters is located at 500 McCullough Ave, San Antonio.

  • Where are CPS Energy offices?

    CPS Energy has an office in San Antonio.

  • How many offices does CPS Energy have?

    CPS Energy has 1 office.