CenterPoint Energy, Inc. (CNP) vs DTE Energy Company (DTE)

CenterPoint Energy, Inc. and DTE Energy Company are both Utilities Regulated Electric companies. CenterPoint Energy, Inc. and DTE Energy Company are of similar size ($25.2B and $24.3B). DTE Energy Company trades at the lower P/E: 19.1× against 21.7×. DTE Energy Company grew revenue faster over the last twelve months: 15.9% against 7.10%. CenterPoint Energy, Inc. has the higher net margin (11.6% vs 8.00%) and the higher return on invested capital (3.89% vs 3.46%). Both pay a dividend; DTE Energy Company yields more (3.94% vs 2.76%). Across the 22 metrics below, DTE Energy Company leads on 14 and CenterPoint Energy, Inc. on 8.

Valuation

Metric CNP DTE Utilities Regulated Electric median
P/E 21.67 19.13 18.84
P/S 2.52 1.53 2.52
P/B 2.07 2.08 1.63
Price to free cash flow n/m n/m 36.22
EV/EBITDA 12.41 12.66 11.82
EV/Sales 5.03 3.20 4.58
Earnings yield 4.61% 5.23% 5.30%
Free cash flow yield (12.61%) (7.61%) (5.06%)

Profitability

Metric CNP DTE Utilities Regulated Electric median
Gross margin 78.59% 44.43% 66.28%
Operating margin 23.24% 13.32% 21.79%
Net margin 11.61% 8.00% 12.94%
Free cash flow margin (31.73%) (11.66%) (11.51%)
Return on equity 9.82% 11.03% 9.75%
Return on assets 2.42% 2.47% 2.75%
Return on invested capital 3.89% 3.46% 3.87%

Growth

Metric CNP DTE Utilities Regulated Electric median
Revenue growth (TTM) 7.10% 15.94% 7.43%
EPS growth (last fiscal year) 1.27% 3.84% —
Revenue growth, 5-year CAGR 4.75% 6.72% 6.75%
Net income growth, 5-year CAGR 0.00% 1.34% 6.44%

Health

Metric CNP DTE Utilities Regulated Electric median
Debt to equity 2.10 2.27 1.53
Current ratio 1.12 0.80 0.81
Net debt to EBITDA 6.16 6.02 5.25

Dividend

Metric CNP DTE Utilities Regulated Electric median
Dividend yield 2.76% 3.94% 4.33%
Payout ratio 0.64 0.58 0.66

Size

Metric CNP DTE Utilities Regulated Electric median
Market cap 24.25b 25.22b 22.90b

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