CenterPoint Reports Strong 2025 Earnings, Expands $65B Investment Plan

CenterPoint Energy reported strong financial results for 2025, highlighting steady earnings growth and announcing an expanded long-term investment plan aimed at supporting rising energy demand in Texas.

The Houston-based utility posted fourth-quarter net income of $264 million, or $0.40 per diluted share, up from $0.38 in the same period in 2024. On a non-GAAP basis, earnings reached $0.45 per share for the quarter, compared to $0.40 a year earlier.

For the full year, Centerpoint reported $1.60 per share on a GAAP basis and $1.76 in non-GAAP earnings, marking a 9% increase over 2024. The company attributed the gains largely to regulatory recovery, system growth, and favorable weather conditions, though those were partially offset by higher operating and interest expenses.

"I'm proud of how our teams continue to deliver better outcomes for our customers and communities in 2025, including reducing year over year outage times by more than 100 million customer outage minutes in our Houston Electric Business," said CEO Jason Wells.

Looking ahead, CenterPoint reaffirmed its 2026 earnings outlook, projecting non-GAAP earnings per share between $1.89 and $1.91, representing expected growth of about 8% over 2025 results.

The company also announced it is increasing its 10-year capital investment plan by $500 million, bringing total planned spending to approximately $65.5 billion from 2024 through 2035.

The additional investment will primarily target electric transmission infrastructure.

Executives also updated projects for energy demand in the Greater Houston area, now expecting peak load to grow by 50% by 2029, two years earlier than previously forecast. The company anticipates adding roughly 10 gigawatts of new load, driven by industrial expansion, data centers, and emerging technology sectors.

CenterPoint's latest results and expanded investment strategy underscore the rapid growth of Texas' energy market, particularly in Houston, as utilities race to meet increasing demand while maintaining grid reliability and cost stability.