CNP Q1 2024 Earnings — CenterPoint Energy, Inc. Revenue & Financial Results | Market Cap Arena

CNPCenterPoint Energy, Inc.

$29B

Q1 2024 Earnings

Utilities General Utilities

Income Statement

Revenue

$2.6B-5.7% YoY

Gross Profit

$1.1B42.9% margin

Operating Income

$616M23.5% margin

Net Income

$350M13.4% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

+20.1%

Cash Flow

Operating Cash Flow

$538M

Free Cash Flow

-$307M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$40.2B

Total Liabilities

$30.2B

Stockholders' Equity

$10.0B

Cash & Equivalents

$161M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.8B	-5.7%
Gross Profit	$1.1B	$998M	+12.5%
Operating Income	$616M	$541M	+13.9%
Net Income	$350M	$325M	+7.7%

Revenue Segments

Natural Gas Segment

$1.6B60%

Electric Transmission & Distribution

$1.1B40%