CenterPoint Energy vs NiSource
Add, change or remove companies; up to four.
The short version
- CenterPoint Energy is the larger business, with $9.4B of revenue in fiscal 2025 against $6.5B for NiSource.
- NiSource grew revenue faster (23.5%, against 8.3%).
- NiSource kept more of each dollar of sales as operating profit (28.1% operating margin, against 22.6%).
- NiSource turned more of its sales into free cash flow (−6.4% FCF margin, against −25.5%).
- Investors pay more for each dollar of CenterPoint Energy’s earnings: a P/E of 25.2x against 23.0x for NiSource.
| Latest fiscal year | CNP · FY25 | NI · FY25 |
|---|---|---|
| Size | ||
| Market cap | $27.1B | $20.8B |
| Revenue | $9.4B | $6.5B |
| Free cash flow | −$2.4B | −$420M |
| Net income | $1.1B | $930M |
| Growth | ||
| Revenue growth | 8.3% | 23.5% |
| 5-year growth | 4.8% | 7.8% |
| Share count change | 1.8% | 4.1% |
| Profitability | ||
| Gross margin | — | — |
| Operating margin | 22.6% | 28.1% |
| Net margin | 11.2% | 14.3% |
| FCF margin | −25.5% | −6.4% |
| Return on capital | 5.7% | 5.8% |
| Return on equity | 9.6% | 10.3% |
| Balance sheet | ||
| Net debt | $20.5B | $16.1B |
| Net debt / EBITDA | 5.6x | 5.4x |
| Dividends and buybacks | $574M | $530M |
| Valuation & quality | ||
| P/E | 25.2x | 23.0x |
| Piotroski F-score | 4 | 6 |
Revenue
FY16
CNP $7.5B
NI $4.5B
FY17
CNP $9.6B
NI $4.9B
FY18
CNP $6.3B
NI $5.0B
FY19
CNP $7.6B
NI $5.1B
FY20
CNP $7.4B
NI $4.5B
FY21
CNP $8.4B
NI $4.7B
FY22
CNP $9.3B
NI $5.7B
FY23
CNP $8.7B
NI $5.3B
FY24
CNP $8.6B
NI $5.3B
FY25
CNP $9.4B
NI $6.5B
CNP
NI
Operating margin
FY16
CNP 13.6%
NI 19.3%
FY17
CNP 11.8%
NI 18.9%
FY18
CNP 13.8%
NI 2.5%
FY19
CNP 14.2%
NI 17.6%
FY20
CNP 14.0%
NI 12.3%
FY21
CNP 16.3%
NI 21.3%
FY22
CNP 16.8%
NI 22.1%
FY23
CNP 20.2%
NI 24.2%
FY24
CNP 23.0%
NI 27.6%
FY25
CNP 22.6%
NI 28.1%
CNP
NI
Free cash flow
FY16
CNP $509M
NI −$672M
FY17
CNP −$9.0M
NI −$954M
FY18
CNP $485M
NI −$1.3B
FY19
CNP −$868M
NI −$219M
FY20
CNP −$601M
NI −$654M
FY21
CNP −$3.1B
NI −$620M
FY22
CNP −$2.6B
NI −$794M
FY23
CNP −$524M
NI −$711M
FY24
CNP −$2.4B
NI −$833M
FY25
CNP −$2.4B
NI −$420M
CNP
NI
Return on capital
FY16
CNP 5.9%
NI 4.9%
FY17
CNP 10.1%
NI 3.7%
FY18
CNP 5.3%
NI 0.7%
FY19
CNP 6.0%
NI 4.5%
FY20
CNP 4.4%
NI 2.8%
FY21
CNP 5.6%
NI 5.2%
FY22
CNP 4.9%
NI 5.8%
FY23
CNP 5.8%
NI 5.3%
FY24
CNP 5.8%
NI 5.2%
FY25
CNP 5.7%
NI 5.8%
CNP
NI
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.