CenterPoint Energy, Inc. has reported strong fourth quarter and full-year 2025 results. The company's GAAP earnings for Q4 2025 were $0.40 per diluted share, compared to $0.38 per diluted share in Q4 2024. Non-GAAP earnings per diluted share (non-GAAP EPS) for Q4 2025 were $0.45, marking a 12.5% increase over the same period in 2024. For the full year 2025, GAAP earnings were $1.60 per diluted share, while non-GAAP EPS was $1.76, representing a 9% increase over 2024.
Looking ahead, CenterPoint Energy reiterated its 2026 non-GAAP EPS guidance range of at least the midpoint of $1.89-$1.91, which, at the midpoint, would signify 8% growth over the 2025 results. The company also announced an increase in its 10-year capital investment plan by $500 million, bringing the total planned investment from 2026 through 2035 to over $65 billion. Furthermore, CenterPoint Energy expects to meet its 50% increase in peak load demand by 2029, two years ahead of initial forecasts.
The strong Q4 results were primarily driven by growth and regulatory recovery, which contributed $0.12 per share of favorability compared to Q4 2024. Additionally, weather and usage were favorable drivers, contributing $0.01 per share, while increased operating and maintenance expense offset some of these gains by $0.02 per share. The company also saw an increase in interest expense by $0.05 per share over the comparable quarter of 2024.
The market has reacted to these announcements by moving the company's shares 1.02% to a price of $39.71. For more information, read the company's full 8-K submission here.
