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Side-by-side financial comparison of CenterPoint Energy (CNP) and NetEase, Inc. (NTES). Click either name above to swap in a different company.

NetEase, Inc. is the larger business by last-quarter revenue ($4.0B vs $2.4B, roughly 1.6× CenterPoint Energy). NetEase, Inc. runs the higher net margin — 31.0% vs 10.8%, a 20.2% gap on every dollar of revenue. NetEase, Inc. produced more free cash flow last quarter ($1.8B vs $-707.0M). Over the past eight quarters, NetEase, Inc.'s revenue compounded faster (9.7% 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.

NetEase, Inc. is a Chinese developer and publisher of online PC and mobile games, advertising services, email services, and e-commerce platforms. It is one of the largest Internet and video game companies in the world and was founded by Ding Lei in June 1997.

CNP vs NTES — Head-to-Head

Bigger by revenue
NTES
NTES
1.6× larger
NTES
$4.0B
$2.4B
CNP
Higher net margin
NTES
NTES
20.2% more per $
NTES
31.0%
10.8%
CNP
More free cash flow
NTES
NTES
$2.5B more FCF
NTES
$1.8B
$-707.0M
CNP
Faster 2-yr revenue CAGR
NTES
NTES
Annualised
NTES
9.7%
-3.1%
CNP

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CNP
CNP
NTES
NTES
Revenue
$2.4B
$4.0B
Net Profit
$264.0M
$1.2B
Gross Margin
64.1%
Operating Margin
22.2%
28.3%
Net Margin
10.8%
31.0%
Revenue YoY
10.7%
Net Profit YoY
6.5%
EPS (diluted)
$0.40

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
NTES
NTES
Q4 25
$2.4B
Q3 25
$2.0B
$4.0B
Q2 25
$2.0B
$3.9B
Q1 25
$3.0B
$4.0B
Q4 24
$2.2B
Q3 24
$1.8B
$3.7B
Q2 24
$1.9B
$3.5B
Q1 24
$2.6B
$3.7B
Net Profit
CNP
CNP
NTES
NTES
Q4 25
$264.0M
Q3 25
$293.0M
$1.2B
Q2 25
$198.0M
$1.3B
Q1 25
$297.0M
$1.5B
Q4 24
$248.0M
Q3 24
$193.0M
$955.7M
Q2 24
$228.0M
$939.6M
Q1 24
$350.0M
$1.1B
Gross Margin
CNP
CNP
NTES
NTES
Q4 25
Q3 25
99.9%
64.1%
Q2 25
99.9%
64.7%
Q1 25
100.0%
64.1%
Q4 24
100.0%
Q3 24
99.9%
62.9%
Q2 24
62.9%
Q1 24
100.0%
63.4%
Operating Margin
CNP
CNP
NTES
NTES
Q4 25
22.2%
Q3 25
25.2%
28.3%
Q2 25
21.4%
32.5%
Q1 25
22.0%
36.2%
Q4 24
21.9%
Q3 24
22.9%
27.3%
Q2 24
24.5%
27.4%
Q1 24
23.7%
28.4%
Net Margin
CNP
CNP
NTES
NTES
Q4 25
10.8%
Q3 25
14.7%
31.0%
Q2 25
10.1%
32.6%
Q1 25
10.0%
36.6%
Q4 24
11.3%
Q3 24
10.4%
25.6%
Q2 24
12.0%
26.8%
Q1 24
13.5%
29.1%
EPS (diluted)
CNP
CNP
NTES
NTES
Q4 25
$0.40
Q3 25
$0.45
Q2 25
$0.30
Q1 25
$0.45
Q4 24
$0.37
Q3 24
$0.30
Q2 24
$0.36
Q1 24
$0.55

Balance Sheet & Financial Strength

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

Metric
CNP
CNP
NTES
NTES
Cash + ST InvestmentsLiquidity on hand
$548.0M
$31.3B
Total DebtLower is stronger
$20.6B
Stockholders' EquityBook value
$11.2B
$160.8B
Total Assets
$46.5B
$214.5B
Debt / EquityLower = less leverage
1.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNP
CNP
NTES
NTES
Q4 25
$548.0M
Q3 25
$616.0M
$31.3B
Q2 25
$776.0M
$54.4B
Q1 25
$1.9B
$41.7B
Q4 24
$585.0M
Q3 24
$643.0M
$20.2B
Q2 24
$543.0M
$19.0B
Q1 24
$619.0M
$43.0B
Total Debt
CNP
CNP
NTES
NTES
Q4 25
$20.6B
Q3 25
Q2 25
Q1 25
Q4 24
$20.4B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CNP
CNP
NTES
NTES
Q4 25
$11.2B
Q3 25
$11.0B
$160.8B
Q2 25
$11.0B
$154.0B
Q1 25
$11.0B
$147.8B
Q4 24
$10.7B
Q3 24
$10.5B
$135.6B
Q2 24
$10.4B
$134.2B
Q1 24
$10.0B
$130.5B
Total Assets
CNP
CNP
NTES
NTES
Q4 25
$46.5B
Q3 25
$45.0B
$214.5B
Q2 25
$44.1B
$208.5B
Q1 25
$44.5B
$200.9B
Q4 24
$43.8B
Q3 24
$42.9B
$184.9B
Q2 24
$41.0B
$183.3B
Q1 24
$40.2B
$195.1B
Debt / Equity
CNP
CNP
NTES
NTES
Q4 25
1.84×
Q3 25
Q2 25
Q1 25
Q4 24
1.91×
Q3 24
Q2 24
Q1 24

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
NTES
NTES
Operating Cash FlowLast quarter
$774.0M
$1.8B
Free Cash FlowOCF − Capex
$-707.0M
$1.8B
FCF MarginFCF / Revenue
-29.0%
44.7%
Capex IntensityCapex / Revenue
60.7%
1.0%
Cash ConversionOCF / Net Profit
2.93×
1.47×
TTM Free Cash FlowTrailing 4 quarters
$-2.4B
$6.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNP
CNP
NTES
NTES
Q4 25
$774.0M
Q3 25
$742.0M
$1.8B
Q2 25
$560.0M
$1.5B
Q1 25
$410.0M
$1.7B
Q4 24
$889.0M
Q3 24
$136.0M
$1.5B
Q2 24
$576.0M
$898.8M
Q1 24
$538.0M
$1.3B
Free Cash Flow
CNP
CNP
NTES
NTES
Q4 25
$-707.0M
Q3 25
$-480.0M
$1.8B
Q2 25
$-569.0M
$1.5B
Q1 25
$-628.0M
$1.6B
Q4 24
$-1.1B
Q3 24
$-708.0M
$1.5B
Q2 24
$-236.0M
$875.6M
Q1 24
$-307.0M
$1.3B
FCF Margin
CNP
CNP
NTES
NTES
Q4 25
-29.0%
Q3 25
-24.1%
44.7%
Q2 25
-29.1%
38.3%
Q1 25
-21.2%
40.4%
Q4 24
-51.0%
Q3 24
-38.3%
38.9%
Q2 24
-12.4%
25.0%
Q1 24
-11.8%
34.0%
Capex Intensity
CNP
CNP
NTES
NTES
Q4 25
60.7%
Q3 25
61.4%
1.0%
Q2 25
57.8%
0.7%
Q1 25
35.1%
1.6%
Q4 24
91.3%
Q3 24
45.6%
1.4%
Q2 24
42.6%
0.7%
Q1 24
32.6%
1.5%
Cash Conversion
CNP
CNP
NTES
NTES
Q4 25
2.93×
Q3 25
2.53×
1.47×
Q2 25
2.83×
1.20×
Q1 25
1.38×
1.15×
Q4 24
3.58×
Q3 24
0.70×
1.58×
Q2 24
2.53×
0.96×
Q1 24
1.54×
1.22×

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%

NTES
NTES

Games and related value-added services$3.3B82%
NetEase Cloud Music$275.9M7%
Youdao$228.8M6%
Innovative businesses and others$202.1M5%

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