Centerpoint Energy Inc (CNP) Tax Rate (2009 - 2018)

Centerpoint Energy (CNP) reported 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 10 years of Tax Rate data on file, last reported at 22.17% in Q1 2018.

  • Tax Rate for Q1 2018 came in at 22.17%, down 1362.0% year-over-year; the trailing twelve-month figure through Mar 2018 was 80.84% (down 11775.0% YoY), and the FY2017 annual result was 68.58%, down 10561.0% from the prior year.
  • Tax Rate advanced to 22.17% in Q1 2018 per CNP's latest filing, from 353.15% in the prior quarter.
  • Over five years, Tax Rate peaked at 125.0% in Q2 2016 and troughed at 353.15% in Q4 2017.
  • A 5-year average of 16.44% and a median of 36.02% in 2017 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2016 and 2017: Tax Rate surged 9254 bps in 2016, then slumped 39080 bps in 2017.
  • A 5-year view of Tax Rate shows it stood at 15.79% in 2014, then jumped by 139 bps to 37.78% in 2015, then fell by 0 bps to 37.65% in 2016, then slumped by 1038 bps to 353.15% in 2017, then soared 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.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2018 22.17%
Mar 31, 2018 22.17%
Dec 31, 2017 -353.15%
Dec 31, 2017 -353.15%
Sep 30, 2017 36.70%
Sep 30, 2017 36.70%
Jun 30, 2017 36.02%
Jun 30, 2017 36.02%
Mar 31, 2017 35.79%
Mar 31, 2017 35.79%
Dec 31, 2016 37.65%
Dec 31, 2016 37.65%
Sep 30, 2016 35.14%
Sep 30, 2016 35.14%
Jun 30, 2016 125.00%
Jun 30, 2016 125.00%
Mar 31, 2016 35.83%
Mar 31, 2016 35.83%
Dec 31, 2015 37.78%
Dec 31, 2015 37.78%