CNP (CenterPoint Energy) Tax Rate % : 11.43% (As of Dec. 2024)

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What is CenterPoint Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CenterPoint Energy's Tax Expense for the three months ended in Dec. 2024 was $32 Mil. CenterPoint Energy's Pre-Tax Income for the three months ended in Dec. 2024 was $280 Mil. Therefore, CenterPoint Energy's Tax Rate % for the quarter that ended in Dec. 2024 was 11.43%.

CenterPoint Energy Tax Rate % Historical Data

The historical data trend for CenterPoint Energy's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CenterPoint Energy Tax Rate % Chart

CenterPoint Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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14.21

14.14

25.41

15.64

16.06

CenterPoint Energy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-64.10	18.22	12.64	21.22	11.43

CenterPoint Energy Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

CenterPoint Energy's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	195	/	1214
	=	16.06 %

CenterPoint Energy's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	32	/	280
	=	11.43 %

CenterPoint Energy Tax Rate % Related Terms

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CenterPoint Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CenterPoint Energy Inc (NYSE:CNP) » Definitions » Tax Rate %

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Traded in Other Exchanges

0HVF:UK HOU:Germany

Address

1111 Louisiana, Houston, TX, USA, 77002

Website

https://www.centerpointenergy.com

CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems serving approximately 4 million customers.

Executives

Kristie Colvin	officer: SVP and CAO	1111 LOUISIANA, HOUSTON TX 77002
Barry T Smitherman	director	NRG ENERGY, INC., 804 CARNEGIE CENTER, PRINCETON NJ 08540
Christopher A Foster	officer: EVP and CFO	77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
David J Lesar	director, officer: President & CEO
Jason P. Wells	officer: EVP & CFO	77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Ricky Anthony Raven	director	1111 LOUISIANA STREEET, STE. 4600, HOUSTON TX 77002
Thaddeus J. Malik	director	1111 LOUISIANA STREET, STE. 4600, HOUSTON TX 77002
Russell Keith Wright	officer: VP, FP&A and Interim CAO	1111 LOUISIANA STREET, STE 4600, HOUSTON TX 77002
Ted Pound	director	C/O ALLIS-CHALMERS, 5075 WESTHIEMER, #890, HOUSTON TX 77056
Kara Gostenhofer Ryan	officer: Vice President and CAO	1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
Martin H. Nesbitt	director	10319 WESTLAKE DRIVE, SUITE 112, BETHESDA MD 20817
Wendolynn Montoya Cloonan	director	1111 LOUISIANA STREET #4600, HOUSTON TX 77002
Wooten Lewis Raquelle	director	1111 LOUISIANA STREET, #4600, HOUSTON TX 77002
Phillip R Smith	director	1111 LOUISIANA, HOUSTON TX 77002
Earl M Cummings	director	1111 LOUISIANA STREET #4600, HOUSTON TX 77002