Question 1

What is CenterPoint Energy's P/FCF ratio?

Accepted Answer

CenterPoint Energy (CNP) P/FCF ratio is currently not available. When trailing twelve-month free cash flow is negative — common during heavy capex cycles or operating losses — P/FCF is reported as N/A and analysts switch to P/S or EV/EBITDA.

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for CenterPoint Energy?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For CenterPoint Energy specifically, the relevant sector benchmark is the current sector median of 45.4×.

Question 5

What is CenterPoint Energy's historical P/FCF ratio range?

Accepted Answer

In the available daily series, CenterPoint Energy (CNP) P/FCF ratio has ranged from a low of 4.5× in 2004 to a high of 402.8× in 2014.

Question 6

What was CenterPoint Energy's P/FCF ratio in 2018?

Accepted Answer

CenterPoint Energy (CNP) P/FCF ratio at the end of 2018 was 29.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 7

Why does CenterPoint Energy's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.

Question 8

Why is CenterPoint Energy's P/FCF ratio not available?

Accepted Answer

When trailing twelve-month free cash flow is negative — common during heavy capex cycles or operating losses — P/FCF is reported as N/A and analysts switch to P/S or EV/EBITDA.


2025	$25B	-$2.38B	—	—	Dec 31, 2025
2024	$20.7B	-$2.37B	—	—	Dec 31, 2024
2023	$18B	-$524M	—	—	Dec 31, 2023
2022	$18.9B	-$2.61B	—	—	Dec 31, 2022
2021	$16.9B	-$3.11B	—	—	Dec 31, 2021
2020	$11.9B	-$601M	—	—	Dec 31, 2020
2019	$13.7B	-$868M	—	—	Dec 31, 2019
2018	$14.1B	$485M	29.1×	—	Dec 31, 2018
2017	$12.2B	-$5M	—	—	Dec 31, 2017
2016	$10.6B	$514M	20.6×	-7.5×	Dec 31, 2016
2015	$7.9B	$281M	28.1×	-374.7×	Dec 31, 2015
2014	$10.1B	$25M	402.8×	+372.5×	Dec 31, 2014
2013	$9.92B	$327M	30.3×	+17.7×	Dec 31, 2013
2012	$8.22B	$648M	12.7×	-1.9×	Dec 31, 2012
2011	$8.56B	$585M	14.6×	—	Dec 31, 2011
2010	$6.68B	-$123M	—	—	Dec 31, 2010
2009	$5.64B	$681M	8.3×	—	Dec 31, 2009
2008	$4.33B	-$169M	—	—	Dec 31, 2008
2007	$5.53B	-$340M	—	—	Dec 31, 2007
2006	$5.09B	-$16M	—	—	Dec 31, 2006
2005	$4.01B	-$630M	—	—	Dec 31, 2005
2004	$3.45B	-$54.6M	—	—	Dec 31, 2004
2003	$2.95B	$286M	10.3×	—	Dec 31, 2003
2002	$2.54B	-$546M	—	—	Dec 31, 2002


Eversource Energy (ES)	110.1×
Constellation Energy (CEG)	86.9×
NextEra Energy (NEE)	82.1×
American States Water (AWR)	77.8×
Middlesex Water (MSEX)	63.1×
Vistra (VST)	45.4×
UGI (UGI)	32.9×
FirstEnergy (FE)	16.3×
Duke Energy (DUK)	15.4×
Consolidated Edison (ED)	14.6×
American Electric Power Company (AEP)	9.3×

P/FCF Ratio for CenterPoint Energy (CNP) 2003-2026

P/FCF Ratio daily chart for CenterPoint Energy (CNP)

Historical P/FCF Ratio for CenterPoint Energy (CNP) from 2002 to 2025

About P/FCF Ratio at CenterPoint Energy (CNP)

CenterPoint Energy P/FCF Ratio by Year

CenterPoint Energy P/FCF Ratio 2018: 29.1×

CenterPoint Energy P/FCF Ratio 2016: 20.6×

CenterPoint Energy P/FCF Ratio 2015: 28.1×

CenterPoint Energy P/FCF Ratio 2014: 402.8×

CenterPoint Energy P/FCF Ratio 2013: 30.3×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

CenterPoint Energy (CNP) Key Financials