CenterPoint Energy, Inc., (NYSE: CNP), the Houston-based utility company, shares closed Thursday’s session at approximately $41.93, down 1.7% intraday after reporting fourth-quarter earnings. Based on the closing price, the company’s market capitalization stands near $27.4 billion.
Fourth-Quarter 2025 Results
For the quarter ended Dec. 31, 2025, CenterPoint Energy reported consolidated revenues of about $2.51 billion, an increase from prior year and net income of $264 million or $0.40 per diluted share on a GAAP basis. Non-GAAP earnings were $0.45 per share in Q4 2025 compared with $0.40 per share in Q4 2024, representing an approximate 9% increase year-over-year on a non-GAAP basis.
Segment results disclosed by the company showed growth in regulated electric utility operations driven by rate recovery and higher usage, while natural gas distribution revenues also contributed to top-line expansion. Specific electric and gas segment figures were not detailed in the summary release.
Full Year 2025 Results
For the full year 2025, CenterPoint Energy reported consolidated revenues of about $9.36 billion, up from approximately $8.64 billion in 2024. Full-year net income on a GAAP basis was $1.60 per diluted share, while non-GAAP earnings reached $1.76 per share, up from $1.62 per share in 2024, marking year-over-year growth in both revenue and earnings.
The company’s overall revenue and profit increased year-over-year, reflecting expansion in utility sales and regulatory recovery mechanisms.
Business & Operations Update
CenterPoint Energy said it increased its 10-year capital investment plan by $500 million bringing the total to approximately $65.5 billion from 2026 through 2035 with a focus on electric transmission, smart meters, and infrastructure upgrades. The plan also includes incremental opportunities of more than $10 billion identified beyond the base program.
The company noted progress toward meeting expected peak load increases in its service territories, particularly in the Houston area, and highlighted an expected 50% increase in peak load demand by 2029, two years ahead of earlier forecasts.
CenterPoint also continues regulatory engagements, including constructive outcomes in rate cases and interim recovery mechanisms that contributed to quarterly earnings growth. An announced sale of its Ohio natural gas local distribution company for approximately $2.62 billion remains on track for completion in late 2026 aimed at reallocating capital to higher-growth regulated markets.
Equity Analyst Commentary
Institutional investors remain active in CNP. Vanguard Group Inc. increased its stake modestly during the third quarter, owning over 81 million shares after the latest reported purchase. Recent analyst research notes that consensus Wall Street coverage shows diversity in viewpoints on the stock’s valuation, with overall share price movement contributing to broader peer comparisons in the regulated utility sector.
Guidance & Outlook
CenterPoint Energy reaffirmed its 2026 non-GAAP earnings guidance with an expected range of $1.89 to $1.91 per share, which at the midpoint implies continued earnings growth relative to 2025 results.
Regulatory milestones, rate case outcomes, and load growth trajectories remain key contextual drivers for the utility’s performance in the coming year. No new financial forecasts were issued beyond the reaffirmed guidance range.
Performance Summary
CenterPoint’s stock declined after hours following the earnings release. Fourth-quarter revenues rose to about $2.51 billion with net profit up year-over-year. Full-year 2025 revenue and earnings increased on both GAAP and non-GAAP measures. The expanded long-term capital plan and regulatory developments are prominent operational themes.