CNP Q2 2024 Earnings — CenterPoint Energy, Inc. Revenue & Financial Results | Market Cap Arena

CNPCenterPoint Energy, Inc.

$29B

Q2 2024 Earnings

Utilities General Utilities

Income Statement

Revenue

$1.9B+1.6% YoY

Gross Profit

$994M52.2% margin

Operating Income

$467M24.5% margin

Net Income

$228M12.0% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

-27.3%

Cash Flow

Operating Cash Flow

$576M

Free Cash Flow

-$236M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$41.0B

Total Liabilities

$30.6B

Stockholders' Equity

$10.4B

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.9B	+1.6%
Gross Profit	$994M	$859M	+15.7%
Operating Income	$467M	$380M	+22.9%
Net Income	$228M	$118M	+93.2%

Revenue Segments

Electric Transmission & Distribution

$1.2B63%

Natural Gas Segment

$698M37%