The methodology for calculating basic and diluted earnings per share was disclosed in our combined 2024 Form 10-K. Except as described below, there have been no material changes in those disclosures.

Until settlement of the equity forwards executed in April 2025 and May 2025 further described in Note 15, dilutive earnings per common share reflects the dilutive impact of potential issuances of shares of Common Stock associated with the outstanding equity forwards. The dilutive effect of equity forwards is determined under the treasury stock method. Share dilution occurs when the average market price of CenterPoint Energy’s Common Stock is higher than the forward sales price at the end of the reporting period. The calculation of dilutive earnings per share excluded 9,676 shares of Common Stock for the three months ended June 30, 2025 under forward sale agreements because their effect would have been antidilutive.


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
	(in millions, except per share and share amounts)
Numerator:
Net income	$	198	$	228	$	495	$	578









Denominator:
Weighted average common shares outstanding – basic	652,783,000		640,754,000		652,474,000		636,491,000

Restricted stock	1,060,000		1,062,000		1,109,000		1,402,000


Equity forwards	201,000		—		100,000		—
Weighted average common shares outstanding – diluted	654,044,000		641,816,000		653,683,000		637,893,000







Earnings Per Common Share:


Basic	$	0.30	$	0.36	$	0.76	$	0.91


Diluted	$	0.30	$	0.36	$	0.76	$	0.91