Centerpoint Energy (CNP) FY2016 results: revenue $7.5 billion, up 1.9% on the year
Centerpoint Energy Inc. (CNP) reported revenue of $7.5 billion for fiscal 2016, the year ended 31 December 2016, up 1.9% on the year before. Net income was $432 million, and diluted earnings per share $1.00. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2017.
Revenue
$7.5 billion
+1.9% on the year
FY2009FY2016
Operating margin
13.6%
12.6% a year earlier
FY2009FY2016
Net income
$432 million
FY2009FY2016
Diluted EPS
$1.00
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
7,528
7,386
9,226
+1.9%
Cost of revenue
1,983
n/a
n/a
Gross profit
5,545
n/a
n/a
Gross margin
73.7%
n/a
n/a
Operating income
1,023
933
935
+9.6%
Operating margin
13.6%
12.6%
10.1%
Pre-tax income
686
-1,130
885
Income tax
254
-438
274
Effective tax rate
37.0%
n/a
31.0%
Net income
432
-692
611
Net margin
5.7%
-9.4%
6.6%
Diluted EPS
$1.00
-$1.61
$1.42
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
1,923
1,870
1,397
+2.8%
Capital expenditure
1,414
1,584
1,372
-10.7%
Free cash flow
509
286
25.0
+78.0%
Free cash flow margin
6.8%
3.9%
0.3%
Cash from investing
-1,034
-1,387
n/a
Cash from financing
-808
-517
n/a
Depreciation and amortisation
1,126
970
1,013
+16.1%
Dividends paid
443
426
408
+4.0%
Dividend per share
$1.03
$0.99
$0.95
+4.0%
Diluted shares, weighted
434m
430m
432m
+0.8%
Shares outstanding at period end
431m
430m
430m
+0.1%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
3,460
3,461
4,548
-0.0%
Short-term borrowings
35.0
40.0
n/a
-12.5%
Debt
8,557
8,730
8,857
-2.0%
Other liabilities
9,777
9,059
9,745
+7.9%
Total liabilities and equity
21,829
21,290
23,150
+2.5%
Fixed assets
12,307
11,537
10,502
+6.7%
Goodwill
862
840
840
+2.6%
Intangible assets
49.0
n/a
n/a
Investments
953
805
930
+18.4%
Cash and equivalents
341
264
298
+29.2%
Receivables
740
593
837
+24.8%
Other assets
6,577
7,251
9,743
-9.3%
Total assets
21,829
21,290
23,150
+2.5%
10-K for the year ended 31 December 2016, filed 28 February 2017: the filing.