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Side-by-side financial comparison of CenterPoint Energy (CNP) and PAR PACIFIC HOLDINGS, INC. (PARR). Click either name above to swap in a different company.

CenterPoint Energy is the larger business by last-quarter revenue ($2.4B vs $1.8B, roughly 1.3× PAR PACIFIC HOLDINGS, INC.). CenterPoint Energy runs the higher net margin — 10.8% vs 4.3%, a 6.5% gap on every dollar of revenue. On growth, CenterPoint Energy posted the faster year-over-year revenue change (10.7% vs -1.0%). PAR PACIFIC HOLDINGS, INC. produced more free cash flow last quarter ($66.3M vs $-707.0M). Over the past eight quarters, CenterPoint Energy's revenue compounded faster (-3.1% CAGR vs -4.3%).

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.

Par Pacific Holdings is a Houston-based American oil and gas exploration and production company. Known as Par Petroleum Corporation after it emerged from bankruptcy, it was renamed Par Pacific Holdings on October 20, 2015. As of 2017 it was a Fortune 1000 corporation.

CNP vs PARR — Head-to-Head

Bigger by revenue
CNP
CNP
1.3× larger
CNP
$2.4B
$1.8B
PARR
Growing faster (revenue YoY)
CNP
CNP
+11.7% gap
CNP
10.7%
-1.0%
PARR
Higher net margin
CNP
CNP
6.5% more per $
CNP
10.8%
4.3%
PARR
More free cash flow
PARR
PARR
$773.3M more FCF
PARR
$66.3M
$-707.0M
CNP
Faster 2-yr revenue CAGR
CNP
CNP
Annualised
CNP
-3.1%
-4.3%
PARR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNP
CNP
PARR
PARR
Revenue
$2.4B
$1.8B
Net Profit
$264.0M
$77.7M
Gross Margin
Operating Margin
22.2%
5.5%
Net Margin
10.8%
4.3%
Revenue YoY
10.7%
-1.0%
Net Profit YoY
6.5%
239.5%
EPS (diluted)
$0.40
$1.40

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
PARR
PARR
Q4 25
$2.4B
$1.8B
Q3 25
$2.0B
$2.0B
Q2 25
$2.0B
$1.9B
Q1 25
$3.0B
$1.7B
Q4 24
$2.2B
$1.8B
Q3 24
$1.8B
$2.1B
Q2 24
$1.9B
$2.0B
Q1 24
$2.6B
$2.0B
Net Profit
CNP
CNP
PARR
PARR
Q4 25
$264.0M
$77.7M
Q3 25
$293.0M
$262.6M
Q2 25
$198.0M
$59.5M
Q1 25
$297.0M
$-30.4M
Q4 24
$248.0M
$-55.7M
Q3 24
$193.0M
$7.5M
Q2 24
$228.0M
$18.6M
Q1 24
$350.0M
$-3.8M
Gross Margin
CNP
CNP
PARR
PARR
Q4 25
Q3 25
99.9%
Q2 25
99.9%
Q1 25
100.0%
Q4 24
100.0%
Q3 24
99.9%
Q2 24
Q1 24
100.0%
Operating Margin
CNP
CNP
PARR
PARR
Q4 25
22.2%
5.5%
Q3 25
25.2%
17.8%
Q2 25
21.4%
5.1%
Q1 25
22.0%
-0.9%
Q4 24
21.9%
-2.6%
Q3 24
22.9%
1.7%
Q2 24
24.5%
2.4%
Q1 24
23.7%
0.5%
Net Margin
CNP
CNP
PARR
PARR
Q4 25
10.8%
4.3%
Q3 25
14.7%
13.0%
Q2 25
10.1%
3.1%
Q1 25
10.0%
-1.7%
Q4 24
11.3%
-3.0%
Q3 24
10.4%
0.3%
Q2 24
12.0%
0.9%
Q1 24
13.5%
-0.2%
EPS (diluted)
CNP
CNP
PARR
PARR
Q4 25
$0.40
$1.40
Q3 25
$0.45
$5.16
Q2 25
$0.30
$1.17
Q1 25
$0.45
$-0.57
Q4 24
$0.37
$-0.98
Q3 24
$0.30
$0.13
Q2 24
$0.36
$0.32
Q1 24
$0.55
$-0.06

Balance Sheet & Financial Strength

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

Metric
CNP
CNP
PARR
PARR
Cash + ST InvestmentsLiquidity on hand
$548.0M
$164.1M
Total DebtLower is stronger
$20.6B
$802.9M
Stockholders' EquityBook value
$11.2B
$1.5B
Total Assets
$46.5B
$3.8B
Debt / EquityLower = less leverage
1.84×
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNP
CNP
PARR
PARR
Q4 25
$548.0M
$164.1M
Q3 25
$616.0M
$159.1M
Q2 25
$776.0M
$169.2M
Q1 25
$1.9B
$133.7M
Q4 24
$585.0M
$191.9M
Q3 24
$643.0M
$183.0M
Q2 24
$543.0M
$179.7M
Q1 24
$619.0M
$228.3M
Total Debt
CNP
CNP
PARR
PARR
Q4 25
$20.6B
$802.9M
Q3 25
$967.1M
Q2 25
$1.1B
Q1 25
$1.2B
Q4 24
$20.4B
$1.1B
Q3 24
$1.0B
Q2 24
$1.1B
Q1 24
$639.5M
Stockholders' Equity
CNP
CNP
PARR
PARR
Q4 25
$11.2B
$1.5B
Q3 25
$11.0B
$1.4B
Q2 25
$11.0B
$1.1B
Q1 25
$11.0B
$1.1B
Q4 24
$10.7B
$1.2B
Q3 24
$10.5B
$1.3B
Q2 24
$10.4B
$1.3B
Q1 24
$10.0B
$1.3B
Total Assets
CNP
CNP
PARR
PARR
Q4 25
$46.5B
$3.8B
Q3 25
$45.0B
$4.1B
Q2 25
$44.1B
$3.9B
Q1 25
$44.5B
$3.8B
Q4 24
$43.8B
$3.8B
Q3 24
$42.9B
$3.9B
Q2 24
$41.0B
$3.9B
Q1 24
$40.2B
$3.8B
Debt / Equity
CNP
CNP
PARR
PARR
Q4 25
1.84×
0.53×
Q3 25
0.69×
Q2 25
0.97×
Q1 25
1.04×
Q4 24
1.91×
0.93×
Q3 24
0.83×
Q2 24
0.84×
Q1 24
0.49×

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
PARR
PARR
Operating Cash FlowLast quarter
$774.0M
$93.8M
Free Cash FlowOCF − Capex
$-707.0M
$66.3M
FCF MarginFCF / Revenue
-29.0%
3.7%
Capex IntensityCapex / Revenue
60.7%
1.5%
Cash ConversionOCF / Net Profit
2.93×
1.21×
TTM Free Cash FlowTrailing 4 quarters
$-2.4B
$296.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNP
CNP
PARR
PARR
Q4 25
$774.0M
$93.8M
Q3 25
$742.0M
$219.4M
Q2 25
$560.0M
$133.6M
Q1 25
$410.0M
$-1.4M
Q4 24
$889.0M
$-15.5M
Q3 24
$136.0M
$78.5M
Q2 24
$576.0M
$-4.7M
Q1 24
$538.0M
$25.4M
Free Cash Flow
CNP
CNP
PARR
PARR
Q4 25
$-707.0M
$66.3M
Q3 25
$-480.0M
$187.1M
Q2 25
$-569.0M
$85.5M
Q1 25
$-628.0M
$-42.3M
Q4 24
$-1.1B
$-63.1M
Q3 24
$-708.0M
$50.2M
Q2 24
$-236.0M
$-41.6M
Q1 24
$-307.0M
$2.8M
FCF Margin
CNP
CNP
PARR
PARR
Q4 25
-29.0%
3.7%
Q3 25
-24.1%
9.3%
Q2 25
-29.1%
4.5%
Q1 25
-21.2%
-2.4%
Q4 24
-51.0%
-3.4%
Q3 24
-38.3%
2.3%
Q2 24
-12.4%
-2.1%
Q1 24
-11.8%
0.1%
Capex Intensity
CNP
CNP
PARR
PARR
Q4 25
60.7%
1.5%
Q3 25
61.4%
1.6%
Q2 25
57.8%
2.5%
Q1 25
35.1%
2.3%
Q4 24
91.3%
2.6%
Q3 24
45.6%
1.3%
Q2 24
42.6%
1.8%
Q1 24
32.6%
1.1%
Cash Conversion
CNP
CNP
PARR
PARR
Q4 25
2.93×
1.21×
Q3 25
2.53×
0.84×
Q2 25
2.83×
2.25×
Q1 25
1.38×
Q4 24
3.58×
Q3 24
0.70×
10.48×
Q2 24
2.53×
-0.25×
Q1 24
1.54×

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%

PARR
PARR

Distillates$750.6M41%
Gasoline$603.9M33%
Other Refined Products$348.8M19%
Logistics$73.7M4%
Other Revenues$44.8M2%

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