Centerpoint Energy Inc (CNP) Tax Rate (2009 - 2018)
Centerpoint Energy (CNP) posted quarterly Tax Rate of 22.17% for Q1 2018, down 1362.0% year-over-year from 1.76% in Q1 2017, and up 106.28% quarter-over-quarter from 353.15% in Q4 2017.
Centerpoint Energy Inc (CNP) Tax Rate (2009 - 2018) Analysis & Trends
Centerpoint Energy (CNP) has reported Tax Rate for 10 consecutive years, with 22.17% the latest figure, recorded in Q1 2018.
- In Q1 2018, Tax Rate fell 1362.0% year-over-year to 22.17%; the TTM figure through Mar 2018 stood at 80.84% (down 11775.0% YoY), while the FY2017 annual figure was 68.58%, down 10561.0% from the prior year.
- Tax Rate rose to 22.17% in Q1 2018 per CNP's latest filing, from 353.15% in the prior quarter.
- Across five years, Tax Rate topped out at 125.0% in Q2 2016 and bottomed at 353.15% in Q4 2017.
- Historically, Tax Rate has averaged 16.44% across 5 years, with a median of 36.02% in 2017.
- Annual changes were most pronounced in 2016 — Tax Rate surged 9254 bps — and 2017, when it slumped 39080 bps.
- Centerpoint Energy's Tax Rate stood at 15.79% in 2014, then surged by 139 bps to 37.78% in 2015, then retreated by 0 bps to 37.65% in 2016, then tumbled by 1038 bps to 353.15% in 2017, then jumped by 106 bps to 22.17% in 2018.
- Business Quant data shows CNP's Tax Rate at 22.17% in Q1 2018, 353.15% in Q4 2017, and 36.7% in Q3 2017.
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Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 22.17% |
| Mar 31, 2018 | 22.17% |
| Mar 31, 2018 | 22.17% |
| Dec 31, 2017 | -353.15% |
| Dec 31, 2017 | -353.15% |
| Dec 31, 2017 | -353.15% |
| Sep 30, 2017 | 36.70% |
| Sep 30, 2017 | 36.70% |
| Sep 30, 2017 | 36.70% |
| Jun 30, 2017 | 36.02% |
| Jun 30, 2017 | 36.02% |
| Jun 30, 2017 | 36.02% |
| Mar 31, 2017 | 35.79% |
| Mar 31, 2017 | 35.79% |
| Mar 31, 2017 | 35.79% |
| Dec 31, 2016 | 37.65% |
| Dec 31, 2016 | 37.65% |
| Dec 31, 2016 | 37.65% |
| Sep 30, 2016 | 35.14% |
| Sep 30, 2016 | 35.14% |