Centerpoint Energy Inc (CNP) Tax Rate (2009 - 2018)
Centerpoint Energy (CNP) reported Tax Rate of 22.17% for Q1 2018, down 13.62 percentage points from 35.79% a year earlier but up 375.32 percentage points from the prior quarter.
Centerpoint Energy Inc (CNP) Tax Rate (2009 - 2018) Analysis & Trends
Over the twelve months ended Mar 31, 2018, Centerpoint Energy's Tax Rate came in at -80.84%, down 117.75 percentage points year-over-year; for FY2017, it was -68.58%, down 105.61 percentage points from FY2016.
- Tax Rate has a five-year change of -113.49 percentage points (FY2012 to FY2017).
- By year, Tax Rate came in at 37.03% in FY2016 (-1.73 pp), 38.76% in FY2015 (+7.80 pp), 30.96% in FY2014 (-29.22 pp) and 60.18% in FY2013 (+15.27 pp).
- Five-year quarterly Tax Rate spans a low of -353.15% in Q4 2017 and a high of 169.44% in Q2 2013.
- Year over year, Tax Rate gained in two of the last eight quarters, with an average year-over-year change of -50.34 percentage points.
- The high point for year-over-year Tax Rate in five years was Q2 2013 (a gain of 132.44 percentage points); the low point was Q4 2017 (a drop of 390.80 percentage points).
- Per Business Quant data, the three quarters before Q1 2018 came in at -353.15% (Q4 2017), 36.70% (Q3 2017) and 36.02% (Q2 2017).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2018 | 22.17% |
| Sep 30, 2017 | 36.70% |
| Jun 30, 2017 | 36.02% |
| Mar 31, 2017 | 35.79% |
| Dec 31, 2016 | 37.65% |
| Sep 30, 2016 | 35.14% |
| Jun 30, 2016 | 125.00% |
| Mar 31, 2016 | 35.83% |
| Jun 30, 2015 | 32.46% |
| Mar 31, 2015 | 37.32% |
| Dec 31, 2014 | 15.79% |
| Sep 30, 2014 | 32.86% |
| Jun 30, 2014 | 36.69% |
| Mar 31, 2014 | 37.07% |
| Dec 31, 2013 | 35.43% |
| Sep 30, 2013 | 34.06% |
| Jun 30, 2013 | 169.44% |
| Mar 31, 2013 | 36.91% |
| Dec 31, 2012 | 36.19% |
| Sep 30, 2012 | 92.19% |
Centerpoint Energy Inc Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CNP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CNP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CNP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();