Discontinued — last reported Q1 '26
Electric — Income Tax Expense (Benefit)
CenterPoint Energy Electric — Income Tax Expense (Benefit) decreased by 71.4% to $16.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 36.0%, from $25.00M to $16.00M. Over 2 years (FY 2021 to FY 2023), Electric — Income Tax Expense (Benefit) shows an upward trend with a 41.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Changes reflect fluctuations in pre-tax earnings or shifts in the effective tax rate due to regulatory changes or tax planning strategies.
Detailed definition
This metric represents the provision for income taxes associated with the earnings of the electric utility segment. It a...
Peer comparison
Standard across all corporate financial reporting; peers will report this based on their specific jurisdictional tax obligations.
cnp_segment_electric_income_tax_expense_benefitHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.75M | $23.75M | $23.75M | $36.75M | $36.75M | $36.75M | $36.75M | $47.25M | $47.25M | $47.25M | $47.25M | $31.00M | $47.00M | $53.00M | $25.00M | $41.00M | $56.00M | $16.00M |
| QoQ Change | — | +0.0% | +0.0% | +54.7% | +0.0% | +0.0% | +0.0% | +28.6% | +0.0% | +0.0% | +0.0% | -34.4% | +51.6% | +12.8% | -52.8% | +64.0% | +36.6% | -71.4% |
| YoY Change | — | — | — | — | +54.7% | +54.7% | +54.7% | +28.6% | +28.6% | +28.6% | +28.6% | -34.4% | -0.5% | +12.2% | -19.4% | -12.8% | +5.7% | -36.0% |
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Frequently Asked Questions
- What is CenterPoint Energy's electric — income tax expense (benefit)?
- CenterPoint Energy (CNP) reported electric — income tax expense (benefit) of $16.00M in Q1 2026.
- How has CenterPoint Energy's electric — income tax expense (benefit) changed year-over-year?
- CenterPoint Energy's electric — income tax expense (benefit) decreased by 36.0% year-over-year, from $25.00M to $16.00M.
- What is the long-term trend for CenterPoint Energy's electric — income tax expense (benefit)?
- Over 2 years (2021 to 2023), CenterPoint Energy's electric — income tax expense (benefit) has grown at a 41.0% compound annual growth rate (CAGR), from $95.00M to $189.00M.
- What does electric — income tax expense (benefit) mean?
- The income tax expense or benefit allocated to the electric utility segment's earnings.