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 Ratings3.7
Overall CultureD-

Latest Updates

Employees (est.) (Apr 2021)1,880
Revenue (FY, 2019)$2.8 B(+6%)
Cybersecurity ratingBMore

Key People/Management at CPS Energy

Paula Gold-Williams

Paula Gold-Williams

President, CEO
Cris Eugster

Cris Eugster

Chief Operating Officer
Benjamin L. Ethridge

Benjamin L. Ethridge

Senior Vice President Power Generation
Frank Almaraz

Frank Almaraz

Chief Administrative & Business Development Officer
Vivian Bouet

Vivian Bouet

Chief Information Officer
Darrell Clifton

Darrell Clifton

Interim Vice President Distribution Construction & Maintenance Services
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CPS Energy Office Locations

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

CPS Energy Revenue Breakdown

Embed Graph

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

CPS Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

CPS Energy Online and Social Media Presence

Embed Graph

CPS Energy Company Culture

  • Overall Culture

    D-

    52/100

  • CEO Rating

    A

    80/100

  • Compensation

    D

    50/100

Learn more on Comparably

CPS Energy News and Updates

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 …

CPS Energy Seeks Applicants For Rate Advisory Committee

SAN ANTONIO, Jan. 22, 2021 /PRNewswire/ -- The San Antonio community is invited to participate in a new Rate Advisory Committee (RAC) that CPS Energy is forming this year. CPS Energy is now accepting applications from residents who are eligible to serve. The RAC's mission is to provide...

CPS Energy Recognized as Community Champion by Zpryme

SAN ANTONIO, Sept. 23, 2020 /PRNewswire/ -- CPS Energy has been recognized for excellence in serving the community of San Antonio during the COVID-19 public health crisis via its enhanced customer support, billing assistance, safety, and virtual public information programs and...

CPS Energy Blogs

Programmed to succeed, serve others

A native of Mexico, Dulia De La Rosa Rius moved to San Antonio at the tender age of 11 and The post Programmed to succeed, serve others appeared first on CPS Energy Newsroom.

SAN ANTONIO CITY COUNCIL APPROVES CPS ENERGY’S MULTIFACETED STRATEGIC PLAN TO PROTECT CUSTOMERS

(SAN ANTONIO) – March 18, 2021 – CPS Energy continues to pursue all avenues to protect its customers from the The post SAN ANTONIO CITY COUNCIL APPROVES CPS ENERGY’S MULTIFACETED STRATEGIC PLAN TO PROTECT CUSTOMERS appeared first on CPS Energy Newsroom.

Overcoming odds, engineer ensures gas flows to community

Women in engineering careers is a rarity. Women engineers who’ve earned a professional license, well, that’s almost unheard of. Although The post Overcoming odds, engineer ensures gas flows to community appeared first on CPS Energy Newsroom.

CPS ENERGY TAKES FURTHER STEPS TO PROTECT CUSTOMERS FROM EXCESSIVE, ILLEGITIMATE AND ILLEGAL PRICES

(SAN ANTONIO) – March 12, 2021 – Today, CPS Energy filed suit against the Electric Reliability Council of Texas (ERCOT) The post CPS ENERGY TAKES FURTHER STEPS TO PROTECT CUSTOMERS FROM EXCESSIVE, ILLEGITIMATE AND ILLEGAL PRICES appeared first on CPS Energy Newsroom.

Drawn to nature … and CPS Energy

CPS Energy’s 3,000 team members live and work in this community, and so they have a deep passion for protecting The post Drawn to nature … and CPS Energy appeared first on CPS Energy Newsroom.

San Antonio Express-News Editorial Board meets with Paula Gold-Williams, President & CEO of CPS Energy

The San Antonio Express-News Editorial Board meets with CPS Energy’s President & CEO, Paula Gold-Williams, and Senior leadership about electric The post San Antonio Express-News Editorial Board meets with Paula Gold-Williams, President & CEO of CPS Energy appeared first on CPS Energy Newsro…
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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, Cris Eugster and Benjamin L. Ethridge.

  • How many employees does CPS Energy have?

    CPS Energy has 1,880 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 $1.5 m.

  • Who are CPS Energy competitors?

    Competitors of CPS Energy include CenterPoint Energy, Devon Energy and Capital Power.

  • 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.