Skip to main content
Midas Edge

CENTERPOINT ENERGY INC

For the period ended Sep 30, 2025. Filed Oct 23, 2025.

View on SEC.gov

About 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 exhibits
Contents

CenterPoint Energy Houston Electric, LLC and Subsidiaries Financial Statements

Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
(in millions)
Revenues$1,132$1,058$3,024$3,003
Expenses:
Operation and maintenance4755331,4051,426
Depreciation and amortization210171585580
Taxes other than income taxes7971232221
Total7647752,2222,227
Operating Income368283802776
Other Income (Expense):
Interest expense and other finance charges(96)(74)(272)(229)
Interest expense on Securitization Bonds(1)(1)(1)(3)
Other income, net11123433
Total(86)(63)(239)(199)
Income Before Income Taxes282220563577
Income tax expense5141107112
Net Income$231$179$456$465
September 30, 2025December 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, respectively449307
Accounts and notes receivable–affiliated companies512371
Accrued unbilled revenues ($2 and $-0- related to VIEs, respectively)270137
Materials and supplies384392
Taxes receivable8—
Prepaid expenses and other current assets ($2 and $-0- related to VIEs, respectively)1544
Total current assets1,6551,265
Property, Plant and Equipment, Net:
Property, plant and equipment23,08821,750
Less: accumulated depreciation and amortization4,9174,628
Property, plant and equipment, net18,17117,122
Other Assets:
Regulatory assets ($394 and $-0- related to VIEs, respectively)1,6141,284
Other non-current assets5341
Total other assets1,6671,325
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 debt16—
Current portion of other long-term debt534—
Accounts payable485681
Accounts payable–affiliated companies80119
Taxes accrued181189
Interest accrued ($1 and $-0- related to VIEs, respectively)127108
Other current liabilities ($15 and $-0- related to VIEs, respectively)165144
Total current liabilities2,0881,741
Other Liabilities:
Deferred income taxes, net1,5941,502
Benefit obligations3032
Regulatory liabilities901861
Other non-current liabilities9295
Total other liabilities2,6172,490
Long-term Debt, net:
VIE Securitization Bonds, net380—
Other long-term debt, net8,8818,322
Total long-term debt, net9,2618,322
Commitments and Contingencies (Note 11)
Member’s Equity:
Common stock——
Additional paid-in capital5,6835,589
Retained earnings1,8451,571
Accumulated other comprehensive loss(1)(1)
Total member’s equity7,5277,159
Total Liabilities and Member’s Equity$21,493$19,712
Nine Months Ended September 30,
20252024
(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 amortization585580
Deferred income taxes7342
Changes in other assets and liabilities:
Accounts receivable and unbilled revenues, net(275)(203)
Accounts receivable/payable–affiliated companies(39)(19)
Inventory816
Accounts payable(110)(113)
Taxes receivable(8)38
Current regulatory assets and liabilities8(1)
Other current assets and liabilities5553
Non-current regulatory assets and liabilities(93)(527)
Other non-current assets and liabilities6(10)
Other operating activities, net(14)(15)
Net cash provided by operating activities652306
Cash Flows from Investing Activities:
Capital expenditures(1,958)(1,171)
(Increase) decrease in notes receivable–affiliated companies(141)238
Other investing activities, net61(111)
Net cash used in investing activities(2,038)(1,044)
Cash Flows from Financing Activities:
Proceeds from long-term debt and term loan, net1,496699
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 parent94324
Other financing activities, net(1)(2)
Net cash provided by financing activities1,391759
Net Increase in Cash, Cash Equivalents and Restricted Cash521
Cash, Cash Equivalents and Restricted Cash at Beginning of Period1489
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, net2826
Supplemental Disclosure of Non-cash Transactions
Accounts payable related to capital expenditures$231$1,075
Three Months Ended September 30, · Nine Months Ended September 30,
2025 · 2024 · 2025 · 2024
Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount
(in millions, except share amounts)
Common Stock
Balance, beginning of period1,000$—1,000$—1,000$—1,000$—
Balance, end of period1,000—1,000—1,000—1,000—
Additional Paid-in-Capital
Balance, beginning of period5,5894,9755,5894,745
Contribution from parent949494324
Balance, end of period5,6835,0695,6835,069
Retained Earnings
Balance, beginning of period1,6141,4951,5711,364
Net income231179456465
Dividend to parent—(94)(182)(249)
Balance, end of period1,8451,5801,8451,580
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
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.