CenterPoint Energy Inc (CNP)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,214,000 | 1,051,000 | 1,156,000 | 1,112,000 | 1,087,000 | 1,136,000 | 1,063,000 | 1,090,000 | 1,417,000 | 1,336,000 | 1,242,000 | 1,246,000 | 953,000 | 1,122,000 | 1,056,000 | 972,000 | -865,000 | -937,000 | -722,000 | -662,000 |
| Revenue (ttm) | US$ in thousands | 8,643,000 | 8,563,000 | 8,567,000 | 8,537,000 | 8,696,000 | 9,225,000 | 9,268,000 | 9,337,000 | 9,321,000 | 8,924,000 | 8,770,000 | 8,568,000 | 8,352,000 | 8,092,000 | 7,965,000 | 7,798,000 | 7,418,000 | 8,594,000 | 9,714,000 | 10,937,000 |
| Pretax margin | 14.05% | 12.27% | 13.49% | 13.03% | 12.50% | 12.31% | 11.47% | 11.67% | 15.20% | 14.97% | 14.16% | 14.54% | 11.41% | 13.87% | 13.26% | 12.46% | -11.66% | -10.90% | -7.43% | -6.05% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,214,000K ÷ $8,643,000K
= 14.05%
The pretax margin of CenterPoint Energy Inc has shown variability over the years, as indicated by the data provided. The company experienced negative pretax margins in the first half of 2020, reaching a low of -11.66% by December 31, 2020. However, the trend reversed in the first quarter of 2021, with the pretax margin turning positive at 12.46%.
Subsequently, CenterPoint Energy Inc managed to improve its pretax margin consistently throughout 2021 and 2022, reaching a peak of 15.20% by December 31, 2022. However, in the following quarters, the pretax margin slightly decreased to around 12% but then started to rise again, reaching 14.05% by the end of December 31, 2024.
Overall, the company has shown a positive trend in its pretax margin performance, with fluctuations in certain periods. It is essential for investors and stakeholders to closely monitor these ratios to assess the financial health and profitability of CenterPoint Energy Inc over time.
Peer comparison
Dec 31, 2024