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Side-by-side financial comparison of CenterPoint Energy (CNP) and Norwegian Cruise Line Holdings (NCLH). Click either name above to swap in a different company.

CenterPoint Energy is the larger business by last-quarter revenue ($2.4B vs $2.3B, roughly 1.0× Norwegian Cruise Line Holdings). CenterPoint Energy runs the higher net margin — 10.8% vs 4.5%, a 6.3% gap on every dollar of revenue. On growth, CenterPoint Energy posted the faster year-over-year revenue change (10.7% vs 9.6%). Over the past eight quarters, Norwegian Cruise Line Holdings's revenue compounded faster (-0.9% CAGR vs -3.1%).

CenterPoint Energy, Inc. is an American utility company based in Houston, Texas, that provides electric and natural gas utility to customers in several markets in the American states of Indiana, Ohio, Louisiana, Minnesota, Mississippi, and Texas. Part of the Fortune 500, the company was formerly known as Reliant Energy, NorAm Energy, Houston Industries, and HL&P. The company is headquartered in the CenterPoint Energy Tower at 1111 Louisiana Street in Downtown Houston.

Norwegian Cruise Line (NCL) is an American cruise line founded in Norway in 1966, headquartered in Miami-Dade County, Florida, and incorporated in the Bahamas. It is the fourth-largest cruise line in the world by passengers, controlling about 8.6% of the total worldwide share of the cruise market by passengers as of 2021. It is wholly owned by parent company Norwegian Cruise Line Holdings.

CNP vs NCLH — Head-to-Head

Bigger by revenue
CNP
CNP
1.0× larger
CNP
$2.4B
$2.3B
NCLH
Growing faster (revenue YoY)
CNP
CNP
+1.1% gap
CNP
10.7%
9.6%
NCLH
Higher net margin
CNP
CNP
6.3% more per $
CNP
10.8%
4.5%
NCLH
Faster 2-yr revenue CAGR
NCLH
NCLH
Annualised
NCLH
-0.9%
-3.1%
CNP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CNP
CNP
NCLH
NCLH
Revenue
$2.4B
$2.3B
Net Profit
$264.0M
$104.7M
Gross Margin
Operating Margin
22.2%
10.0%
Net Margin
10.8%
4.5%
Revenue YoY
10.7%
9.6%
Net Profit YoY
6.5%
EPS (diluted)
$0.40
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNP
CNP
NCLH
NCLH
Q1 26
$2.3B
Q4 25
$2.4B
$2.2B
Q3 25
$2.0B
$2.9B
Q2 25
$2.0B
$2.5B
Q1 25
$3.0B
$2.1B
Q4 24
$2.2B
$2.1B
Q3 24
$1.8B
$2.8B
Q2 24
$1.9B
$2.4B
Net Profit
CNP
CNP
NCLH
NCLH
Q1 26
$104.7M
Q4 25
$264.0M
$14.3M
Q3 25
$293.0M
$419.3M
Q2 25
$198.0M
$30.0M
Q1 25
$297.0M
$-40.3M
Q4 24
$248.0M
$254.5M
Q3 24
$193.0M
$474.9M
Q2 24
$228.0M
$163.4M
Gross Margin
CNP
CNP
NCLH
NCLH
Q1 26
Q4 25
41.0%
Q3 25
99.9%
47.1%
Q2 25
99.9%
42.1%
Q1 25
100.0%
38.7%
Q4 24
100.0%
38.0%
Q3 24
99.9%
45.2%
Q2 24
38.7%
Operating Margin
CNP
CNP
NCLH
NCLH
Q1 26
10.0%
Q4 25
22.2%
8.3%
Q3 25
25.2%
25.5%
Q2 25
21.4%
16.8%
Q1 25
22.0%
9.4%
Q4 24
21.9%
10.2%
Q3 24
22.9%
24.6%
Q2 24
24.5%
14.4%
Net Margin
CNP
CNP
NCLH
NCLH
Q1 26
4.5%
Q4 25
10.8%
0.6%
Q3 25
14.7%
14.3%
Q2 25
10.1%
1.2%
Q1 25
10.0%
-1.9%
Q4 24
11.3%
12.1%
Q3 24
10.4%
16.9%
Q2 24
12.0%
6.9%
EPS (diluted)
CNP
CNP
NCLH
NCLH
Q1 26
$0.23
Q4 25
$0.40
$0.08
Q3 25
$0.45
$0.86
Q2 25
$0.30
$0.07
Q1 25
$0.45
$-0.09
Q4 24
$0.37
$0.55
Q3 24
$0.30
$0.95
Q2 24
$0.36
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNP
CNP
NCLH
NCLH
Cash + ST InvestmentsLiquidity on hand
$548.0M
$185.0M
Total DebtLower is stronger
$20.6B
$15.2B
Stockholders' EquityBook value
$11.2B
$2.4B
Total Assets
$46.5B
$23.8B
Debt / EquityLower = less leverage
1.84×
6.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNP
CNP
NCLH
NCLH
Q1 26
$185.0M
Q4 25
$548.0M
$209.9M
Q3 25
$616.0M
$166.8M
Q2 25
$776.0M
$184.0M
Q1 25
$1.9B
$184.4M
Q4 24
$585.0M
$190.8M
Q3 24
$643.0M
$332.5M
Q2 24
$543.0M
$594.1M
Total Debt
CNP
CNP
NCLH
NCLH
Q1 26
$15.2B
Q4 25
$20.6B
$13.7B
Q3 25
$13.6B
Q2 25
$12.6B
Q1 25
$12.9B
Q4 24
$20.4B
$11.8B
Q3 24
$11.8B
Q2 24
$11.9B
Stockholders' Equity
CNP
CNP
NCLH
NCLH
Q1 26
$2.4B
Q4 25
$11.2B
$2.2B
Q3 25
$11.0B
$2.2B
Q2 25
$11.0B
$1.6B
Q1 25
$11.0B
$1.4B
Q4 24
$10.7B
$1.4B
Q3 24
$10.5B
$1.1B
Q2 24
$10.4B
$693.1M
Total Assets
CNP
CNP
NCLH
NCLH
Q1 26
$23.8B
Q4 25
$46.5B
$22.5B
Q3 25
$45.0B
$22.2B
Q2 25
$44.1B
$21.6B
Q1 25
$44.5B
$21.4B
Q4 24
$43.8B
$20.0B
Q3 24
$42.9B
$19.8B
Q2 24
$41.0B
$20.1B
Debt / Equity
CNP
CNP
NCLH
NCLH
Q1 26
6.23×
Q4 25
1.84×
6.21×
Q3 25
6.22×
Q2 25
8.05×
Q1 25
9.09×
Q4 24
1.91×
8.26×
Q3 24
10.35×
Q2 24
17.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNP
CNP
NCLH
NCLH
Operating Cash FlowLast quarter
$774.0M
$811.5M
Free Cash FlowOCF − Capex
$-707.0M
FCF MarginFCF / Revenue
-29.0%
Capex IntensityCapex / Revenue
60.7%
16.3%
Cash ConversionOCF / Net Profit
2.93×
7.75×
TTM Free Cash FlowTrailing 4 quarters
$-2.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNP
CNP
NCLH
NCLH
Q1 26
$811.5M
Q4 25
$774.0M
$459.1M
Q3 25
$742.0M
$236.6M
Q2 25
$560.0M
$714.9M
Q1 25
$410.0M
$679.2M
Q4 24
$889.0M
$399.3M
Q3 24
$136.0M
$172.5M
Q2 24
$576.0M
$670.9M
Free Cash Flow
CNP
CNP
NCLH
NCLH
Q1 26
Q4 25
$-707.0M
$21.5M
Q3 25
$-480.0M
$-726.5M
Q2 25
$-569.0M
$381.2M
Q1 25
$-628.0M
$-846.0M
Q4 24
$-1.1B
$155.8M
Q3 24
$-708.0M
$-195.5M
Q2 24
$-236.0M
$330.2M
FCF Margin
CNP
CNP
NCLH
NCLH
Q1 26
Q4 25
-29.0%
1.0%
Q3 25
-24.1%
-24.7%
Q2 25
-29.1%
15.1%
Q1 25
-21.2%
-39.8%
Q4 24
-51.0%
7.4%
Q3 24
-38.3%
-7.0%
Q2 24
-12.4%
13.9%
Capex Intensity
CNP
CNP
NCLH
NCLH
Q1 26
16.3%
Q4 25
60.7%
19.5%
Q3 25
61.4%
32.8%
Q2 25
57.8%
13.3%
Q1 25
35.1%
71.7%
Q4 24
91.3%
11.5%
Q3 24
45.6%
13.1%
Q2 24
42.6%
14.4%
Cash Conversion
CNP
CNP
NCLH
NCLH
Q1 26
7.75×
Q4 25
2.93×
32.21×
Q3 25
2.53×
0.56×
Q2 25
2.83×
23.83×
Q1 25
1.38×
Q4 24
3.58×
1.57×
Q3 24
0.70×
0.36×
Q2 24
2.53×
4.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CNP
CNP

Electric Segment$945.0M39%
Electric$890.0M37%
Other$603.0M25%

NCLH
NCLH

Passenger ticket$1.5B66%
Onboard and other$788.9M34%

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