CenterPoint Energy Inc (CNP)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 2,052,000 | 1,868,000 | 1,959,000 | 2,222,878 | 2,463,836 | 2,762,781 | 2,952,754 | 2,887,790 | 2,827,772 | 2,913,756 | 2,841,729 | 3,092,759 | 3,139,764 | 3,107,780 | 3,010,781 | 2,679,786 | 1,043,794 | 1,049,803 | 1,316,811 | 1,434,821 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 10,666,000 | 10,535,000 | 10,354,000 | 9,998,000 | 9,667,000 | 9,585,000 | 10,366,000 | 10,356,000 | 10,045,000 | 9,989,000 | 10,023,000 | 9,951,000 | 9,415,000 | 8,865,000 | 8,870,000 | 8,716,000 | 8,348,000 | 8,388,000 | 8,392,000 | 6,970,000 |
| Return on total capital | 19.24% | 17.73% | 18.92% | 22.23% | 25.49% | 28.82% | 28.48% | 27.89% | 28.15% | 29.17% | 28.35% | 31.08% | 33.35% | 35.06% | 33.94% | 30.75% | 12.50% | 12.52% | 15.69% | 20.59% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $2,052,000K ÷ ($—K + $10,666,000K)
= 19.24%
CenterPoint Energy Inc's return on total capital has shown some fluctuations over the specified period, starting at 20.59% in March 2020 and gradually increasing to a peak of 35.06% in September 2021. Subsequently, the return dipped slightly before climbing back up to around 29% by September 2022. However, it experienced a downward trend thereafter, reaching 17.73% by September 2024.
Overall, the return on total capital for CenterPoint Energy Inc has displayed variability over the period, indicating changes in the company's efficiency in generating returns from its total capital employed. Further analysis of the company's financial performance and operational strategies would be necessary to understand the factors contributing to these fluctuations in the return on total capital.
Peer comparison
Dec 31, 2024