Centerpoint Energy (CNP) FY2015 results: revenue $7.4 billion, down 19.9% on the year
Centerpoint Energy Inc. (CNP) reported revenue of $7.4 billion for fiscal 2015, the year ended 31 December 2015, down 19.9% on the year before. Net income was -$692 million, and diluted earnings per share $-1.61. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2016.
Revenue
$7.4 billion
-19.9% on the year
FY2008FY2015
Operating margin
12.6%
10.1% a year earlier
FY2008FY2015
Net income
-$692 million
FY2008FY2015
Diluted EPS
-$1.61
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
7,386
9,226
8,106
-19.9%
Operating income
933
935
1,010
-0.2%
Operating margin
12.6%
10.1%
12.5%
Pre-tax income
-1,130
885
781
Income tax
-438
274
470
Effective tax rate
n/a
31.0%
60.2%
Net income
-692
611
311
Net margin
-9.4%
6.6%
3.8%
Diluted EPS
-$1.61
$1.42
$0.72
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
1,870
1,397
1,613
+33.9%
Capital expenditure
1,584
1,372
1,286
+15.5%
Free cash flow
286
25.0
327
+1,044.0%
Free cash flow margin
3.9%
0.3%
4.0%
Cash from investing
-1,387
n/a
n/a
Cash from financing
-517
n/a
n/a
Depreciation and amortisation
970
1,013
954
-4.2%
Dividends paid
426
408
355
+4.4%
Dividend per share
$0.99
$0.95
$0.83
+4.2%
Diluted shares, weighted
430m
432m
431m
-0.3%
Shares outstanding at period end
430m
430m
429m
+0.1%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
3,461
4,548
4,329
-23.9%
Short-term borrowings
40.0
n/a
n/a
Debt
8,730
8,857
8,357
-1.4%
Other liabilities
9,059
9,745
9,184
-7.0%
Total liabilities and equity
21,290
23,150
21,870
-8.0%
Fixed assets
11,537
10,502
9,593
+9.9%
Goodwill
840
840
840
0.0%
Investments
805
930
767
-13.4%
Cash and equivalents
264
298
208
-11.4%
Receivables
593
837
851
-29.2%
Inventory
n/a
n/a
285
Other assets
7,251
9,743
9,326
-25.6%
Total assets
21,290
23,150
21,870
-8.0%
10-K for the year ended 31 December 2015, filed 26 February 2016: the filing.