CENTERPOINT ENERGY INC
For the period ended Sep 30, 2025. Filed Oct 23, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 23, 2025
CNP$41.24+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CenterPoint Energy Houston Electric, LLC and Subsidiaries Financial Statements
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| (in millions) | ||||
| Revenues | $1,132 | $1,058 | $3,024 | $3,003 |
| Expenses: | ||||
| Operation and maintenance | 475 | 533 | 1,405 | 1,426 |
| Depreciation and amortization | 210 | 171 | 585 | 580 |
| Taxes other than income taxes | 79 | 71 | 232 | 221 |
| Total | 764 | 775 | 2,222 | 2,227 |
| Operating Income | 368 | 283 | 802 | 776 |
| Other Income (Expense): | ||||
| Interest expense and other finance charges | (96) | (74) | (272) | (229) |
| Interest expense on Securitization Bonds | (1) | (1) | (1) | (3) |
| Other income, net | 11 | 12 | 34 | 33 |
| Total | (86) | (63) | (239) | (199) |
| Income Before Income Taxes | 282 | 220 | 563 | 577 |
| Income tax expense | 51 | 41 | 107 | 112 |
| Net Income | $231 | $179 | $456 | $465 |
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| (in millions) | ||
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents ($15 and $14 related to VIEs, respectively) | $17 | $14 |
| Accounts and notes receivable, less allowance for credit losses of $2 and $2, respectively | 449 | 307 |
| Accounts and notes receivable–affiliated companies | 512 | 371 |
| Accrued unbilled revenues ($2 and $-0- related to VIEs, respectively) | 270 | 137 |
| Materials and supplies | 384 | 392 |
| Taxes receivable | 8 | — |
| Prepaid expenses and other current assets ($2 and $-0- related to VIEs, respectively) | 15 | 44 |
| Total current assets | 1,655 | 1,265 |
| Property, Plant and Equipment, Net: | ||
| Property, plant and equipment | 23,088 | 21,750 |
| Less: accumulated depreciation and amortization | 4,917 | 4,628 |
| Property, plant and equipment, net | 18,171 | 17,122 |
| Other Assets: | ||
| Regulatory assets ($394 and $-0- related to VIEs, respectively) | 1,614 | 1,284 |
| Other non-current assets | 53 | 41 |
| Total other assets | 1,667 | 1,325 |
| Total Assets | $21,493 | $19,712 |
| LIABILITIES AND MEMBER’S EQUITY | ||
|---|---|---|
| Current Liabilities: | ||
| Short-term borrowings | $500 | $500 |
| Current portion of VIE Securitization Bonds long-term debt | 16 | — |
| Current portion of other long-term debt | 534 | — |
| Accounts payable | 485 | 681 |
| Accounts payable–affiliated companies | 80 | 119 |
| Taxes accrued | 181 | 189 |
| Interest accrued ($1 and $-0- related to VIEs, respectively) | 127 | 108 |
| Other current liabilities ($15 and $-0- related to VIEs, respectively) | 165 | 144 |
| Total current liabilities | 2,088 | 1,741 |
| Other Liabilities: | ||
| Deferred income taxes, net | 1,594 | 1,502 |
| Benefit obligations | 30 | 32 |
| Regulatory liabilities | 901 | 861 |
| Other non-current liabilities | 92 | 95 |
| Total other liabilities | 2,617 | 2,490 |
| Long-term Debt, net: | ||
| VIE Securitization Bonds, net | 380 | — |
| Other long-term debt, net | 8,881 | 8,322 |
| Total long-term debt, net | 9,261 | 8,322 |
| Commitments and Contingencies (Note 11) | ||
| Member’s Equity: | ||
| Common stock | — | — |
| Additional paid-in capital | 5,683 | 5,589 |
| Retained earnings | 1,845 | 1,571 |
| Accumulated other comprehensive loss | (1) | (1) |
| Total member’s equity | 7,527 | 7,159 |
| Total Liabilities and Member’s Equity | $21,493 | $19,712 |
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| (in millions) | ||
| Cash Flows from Operating Activities: | ||
| Net income | $456 | $465 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 585 | 580 |
| Deferred income taxes | 73 | 42 |
| Changes in other assets and liabilities: | ||
| Accounts receivable and unbilled revenues, net | (275) | (203) |
| Accounts receivable/payable–affiliated companies | (39) | (19) |
| Inventory | 8 | 16 |
| Accounts payable | (110) | (113) |
| Taxes receivable | (8) | 38 |
| Current regulatory assets and liabilities | 8 | (1) |
| Other current assets and liabilities | 55 | 53 |
| Non-current regulatory assets and liabilities | (93) | (527) |
| Other non-current assets and liabilities | 6 | (10) |
| Other operating activities, net | (14) | (15) |
| Net cash provided by operating activities | 652 | 306 |
| Cash Flows from Investing Activities: | ||
| Capital expenditures | (1,958) | (1,171) |
| (Increase) decrease in notes receivable–affiliated companies | (141) | 238 |
| Other investing activities, net | 61 | (111) |
| Net cash used in investing activities | (2,038) | (1,044) |
| Cash Flows from Financing Activities: | ||
| Proceeds from long-term debt and term loan, net | 1,496 | 699 |
| Payments of long-term debt | — | (80) |
| Increase in notes payable–affiliated companies | — | 71 |
| Payment of debt issuance costs | (16) | (4) |
| Dividend to parent | (182) | (249) |
| Contribution from parent | 94 | 324 |
| Other financing activities, net | (1) | (2) |
| Net cash provided by financing activities | 1,391 | 759 |
| Net Increase in Cash, Cash Equivalents and Restricted Cash | 5 | 21 |
| Cash, Cash Equivalents and Restricted Cash at Beginning of Period | 14 | 89 |
| Cash, Cash Equivalents and Restricted Cash at End of Period | $19 | $110 |
| Supplemental Disclosure of Cash Flow Information | ||
| Cash paid for interest, net of capitalized interest | $284 | $218 |
| Cash paid for income taxes, net | 28 | 26 |
| Supplemental Disclosure of Non-cash Transactions | ||
| Accounts payable related to capital expenditures | $231 | $1,075 |
| Three Months Ended September 30, · Nine Months Ended September 30, | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 · 2024 · 2025 · 2024 | |||||||||||
| Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount | |||||||||||
| (in millions, except share amounts) | |||||||||||
| Common Stock | |||||||||||
| Balance, beginning of period | 1,000 | $— | 1,000 | $— | 1,000 | $— | 1,000 | $— | |||
| Balance, end of period | 1,000 | — | 1,000 | — | 1,000 | — | 1,000 | — | |||
| Additional Paid-in-Capital | |||||||||||
| Balance, beginning of period | 5,589 | 4,975 | 5,589 | 4,745 | |||||||
| Contribution from parent | 94 | 94 | 94 | 324 | |||||||
| Balance, end of period | 5,683 | 5,069 | 5,683 | 5,069 | |||||||
| Retained Earnings | |||||||||||
| Balance, beginning of period | 1,614 | 1,495 | 1,571 | 1,364 | |||||||
| Net income | 231 | 179 | 456 | 465 | |||||||
| Dividend to parent | — | (94) | (182) | (249) | |||||||
| Balance, end of period | 1,845 | 1,580 | 1,845 | 1,580 | |||||||
| Accumulated Other Comprehensive Loss | |||||||||||
| Balance, beginning of period | (1) | — | (1) | — | |||||||
| Balance, end of period | (1) | — | (1) | — | |||||||
| Total Member’s Equity | $7,527 | $6,649 | $7,527 | $6,649 | |||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.