Eversource Energy (ES) Financials

$67.70 +1.19 (+1.78%)

As of 02:16 PM Eastern

Annual Income Statements for Eversource Energy

This table shows Eversource Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	878	942	988	1,033	909	1,205	1,221	1,405	-442	812	1,692
Consolidated Net Income / (Loss)	886	950	996	1,041	917	1,213	1,228	1,412	-435	819	1,700
Net Income / (Loss) Continuing Operations	-5,322	950	996	1,041	917	1,213	1,228	1,412	-435	819	1,700
Total Pre-Tax Income	1,426	1,505	1,574	1,329	1,190	1,559	1,572	1,866	-275	1,244	1,840
Total Operating Income	1,764	1,841	1,888	1,700	1,590	1,989	1,993	2,198	2,399	2,409	2,989
Total Gross Profit	3,539	3,796	3,910	3,974	4,123	4,436	4,751	5,410	4,847	6,152	7,264
Total Revenue	7,955	7,639	7,752	8,448	8,526	8,904	9,863	12,289	11,911	11,901	13,547
Operating Revenue	7,955	7,639	7,752	8,448	8,526	8,904	9,863	12,289	11,911	11,901	13,547
Total Cost of Revenue	4,416	3,843	3,842	4,474	4,403	4,468	5,112	6,879	7,064	5,749	6,283
Operating Cost of Revenue	4,416	3,843	3,842	4,474	4,403	4,468	5,112	6,879	7,064	5,749	6,283
Total Operating Expenses	7,983	1,955	2,021	2,274	2,533	2,448	2,758	3,212	2,447	3,743	4,276
Depreciation Expense	666	715	774	820	885	981	1,103	1,194	1,306	1,434	1,569
Amortization Expense	40	72	90	252	195	178	232	449	-490	343	836
Other Operating Expenses / (Income)	1,086	1,168	1,158	1,202	1,212	1,289	1,423	1,569	1,632	1,967	1,871
Total Other Income / (Expense), net	-338	-336	-314	-370	-400	-430	-421	-332	-2,674	-1,165	-1,148
Interest Expense	372	401	422	499	533	538	582	678	855	1,111	1,243
Interest & Investment Income	-	-	-	-	-	-	0.00	0.00	-2,167	-464	-284
Other Income / (Expense), net	34	65	108	128	133	109	161	346	348	410	379
Income Tax Expense	540	555	579	289	273	346	344	454	160	425	140
Net Income / (Loss) Attributable to Noncontrolling Interest	7.52	7.52	7.52	7.52	7.52	7.52	7.52	7.52	7.52	7.52	7.52
Basic Earnings per Share	$2.77	$2.97	$3.11	$3.25	$2.83	$3.56	$3.55	$4.05	($1.27)	$2.27	$4.56
Weighted Average Basic Shares Outstanding	317.34M	317.65M	317.41M	317.37M	321.42M	338.84M	343.97M	346.78M	349.58M	357.48M	370.85M
Diluted Earnings per Share	$2.76	$2.96	$3.11	$3.25	$2.81	$3.55	$3.54	$4.05	($1.26)	$2.27	$4.56
Weighted Average Diluted Shares Outstanding	318.43M	318.45M	318.03M	317.99M	322.94M	339.85M	344.63M	347.25M	349.84M	357.78M	371.26M
Weighted Average Basic & Diluted Shares Outstanding	317.10M	317.30M	317.41M	317.37M	342.02M	355.07M	356.51M	360.55M	361.76M	372.82M	381.53M
Cash Dividends to Common per Share	$1.67	$1.78	$1.90	$2.02	$2.14	$2.27	$2.41	$2.55	$2.70	$2.86	$3.01

This table shows Eversource Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	340	-1,288	522	335	-118	73	551	353	368	421	607
Consolidated Net Income / (Loss)	342	-1,287	524	337	-116	74	553	355	369	423	609
Net Income / (Loss) Continuing Operations	342	-1,287	524	337	-116	74	553	355	369	423	609
Total Pre-Tax Income	387	-1,354	686	446	-40	151	718	465	172	485	812
Total Operating Income	531	559	846	602	612	348	926	663	689	710	1,076
Total Gross Profit	1,122	1,246	1,634	1,228	1,635	1,656	2,291	1,552	1,653	1,769	2,479
Total Revenue	2,791	2,694	3,333	2,534	3,063	2,971	4,118	2,838	3,221	3,370	4,504
Operating Revenue	2,791	2,694	3,333	2,534	3,063	2,971	4,118	2,838	3,221	3,370	4,504
Total Cost of Revenue	1,669	1,448	1,699	1,306	1,428	1,316	1,828	1,286	1,568	1,601	2,025
Operating Cost of Revenue	1,669	1,448	1,699	1,306	1,428	1,316	1,828	1,286	1,568	1,601	2,025
Total Operating Expenses	592	687	788	625	1,023	1,308	1,364	889	964	1,058	1,403
Depreciation Expense	330	343	340	355	366	373	380	386	395	408	420
Amortization Expense	-144	-52	-2.33	-114	244	215	455	109	108	163	403
Other Operating Expenses / (Income)	406	396	450	385	412	719	529	394	461	487	580
Total Other Income / (Expense), net	-143	-1,912	-160	-156	-652	-197	-209	-198	-516	-226	-264
Interest Expense	222	231	251	271	301	289	301	293	318	331	365
Other Income / (Expense), net	79	85	91	115	113	92	92	95	86	105	101
Income Tax Expense	46	-67	163	109	77	76	165	111	-197	61	203
Net Income / (Loss) Attributable to Noncontrolling Interest	1.88	1.88	1.88	1.88	1.88	1.88	1.88	1.88	1.88	1.88	1.88
Basic Earnings per Share	$0.97	($3.69)	$1.49	$0.95	($0.33)	$0.16	$1.50	$0.96	$0.99	$1.11	$1.61
Weighted Average Basic Shares Outstanding	349.70M	349.58M	350.72M	353.21M	359.52M	357.48M	367.32M	368.66M	371.91M	370.85M	376.03M
Diluted Earnings per Share	$0.97	($3.68)	$1.49	$0.95	($0.33)	$0.16	$1.50	$0.96	$0.99	$1.11	$1.61
Weighted Average Diluted Shares Outstanding	349.85M	349.84M	351.00M	353.42M	359.82M	357.78M	367.68M	368.92M	372.26M	371.26M	376.58M
Weighted Average Basic & Diluted Shares Outstanding	361.40M	361.76M	364.33M	369.46M	372.44M	372.82M	373.42M	377.15M	381.22M	381.53M	382.12M

This table details how cash moves in and out of Eversource Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-15	39	-21	123	-92	148	-44	301	-355	-39	119
Net Cash From Operating Activities	1,434	2,208	1,996	1,831	2,010	1,683	1,963	2,401	1,646	2,160	4,114
Net Cash From Continuing Operating Activities	1,434	2,208	1,996	1,831	2,010	1,683	1,963	2,401	1,646	2,160	4,114
Net Income / (Loss) Continuing Operations	886	950	996	1,041	917	1,213	1,228	1,412	-435	819	1,700
Consolidated Net Income / (Loss)	886	950	996	1,041	917	1,213	1,228	1,412	-435	819	1,700
Depreciation Expense	666	715	774	820	885	981	1,103	1,194	1,306	1,434	1,569
Amortization Expense	22	-	90	252	195	178	232	449	-490	343	836
Non-Cash Adjustments To Reconcile Net Income	-446	-36	-380	-384	47	-219	-362	-597	1,773	358	24
Changes in Operating Assets and Liabilities, net	305	579	517	102	-35	-470	-239	-57	-508	-794	-15
Net Cash From Investing Activities	-1,659	-2,152	-3,231	-2,437	-3,274	-4,129	-3,447	-4,130	-4,871	-4,536	-4,306
Net Cash From Continuing Investing Activities	-1,659	-2,152	-3,231	-2,437	-3,274	-4,129	-3,447	-4,130	-4,871	-4,536	-4,306
Purchase of Property, Plant & Equipment	-1,724	-1,977	-2,348	-2,570	-2,911	-2,943	-3,175	-3,442	-4,337	-4,481	-4,159
Acquisitions	0.00	0.00	-910	-205	-416	-1,353	-327	-742	-1,680	-930	-0.70
Purchase of Investments	-740	-870	-811	-908	-537	-402	-415	-424	-337	-243	-416
Divestitures	-	-	-	-	-	-	-	-	1,091	863	0.00
Sale and/or Maturity of Investments	799	659	833	901	567	434	448	458	396	268	439
Other Investing Activities, net	6.29	36	5.48	152	24	24	22	20	-2.90	-13	-170
Net Cash From Financing Activities	211	-18	1,213	730	1,172	2,595	1,441	2,030	2,869	2,337	312
Net Cash From Continuing Financing Activities	211	-18	1,213	730	1,172	2,595	1,441	2,030	2,869	2,337	312
Repayment of Debt	-477	-246	-677	-1,458	-802	-299	-933	-1,301	-1,359	-2,102	-1,952
Payment of Dividends	-537	-572	-610	-648	-671	-752	-813	-868	-927	-1,009	-1,101
Issuance of Debt	1,225	800	2,500	2,200	1,845	2,760	3,230	4,045	5,198	4,502	2,942
Issuance of Common Equity	-	-	0.00	0.00	852	929	0.00	197	0.00	989	465
Other Financing Activities, net	0.00	0.00	0.00	636	-52	-43	-43	-43	-43	-43	-43

This table details how cash moves in and out of Eversource Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	2.92	-14	194	-228	70	-75	73	237	-71	-120	92
Net Cash From Operating Activities	522	477	291	671	556	642	1,041	1,057	1,100	916	1,324
Net Cash From Continuing Operating Activities	522	477	291	671	556	642	1,041	1,057	1,100	916	1,324
Net Income / (Loss) Continuing Operations	342	-1,287	524	337	-116	74	553	355	369	423	609
Consolidated Net Income / (Loss)	342	-1,287	524	337	-116	74	553	355	369	423	609
Depreciation Expense	330	343	340	355	366	373	380	386	395	408	420
Amortization Expense	-144	-52	-2.33	-114	244	215	455	109	108	163	403
Non-Cash Adjustments To Reconcile Net Income	-158	1,752	-118	-107	405	178	-47	-87	304	-146	-11
Changes in Operating Assets and Liabilities, net	153	-280	-452	200	-343	-198	-300	295	-78	68	-97
Net Cash From Investing Activities	-1,561	-912	-1,447	-1,484	-392	-1,212	-999	-1,104	-1,190	-1,013	-1,150
Net Cash From Continuing Investing Activities	-1,561	-912	-1,447	-1,484	-392	-1,212	-999	-1,104	-1,190	-1,013	-1,150
Purchase of Property, Plant & Equipment	-1,086	-1,211	-1,149	-1,071	-1,071	-1,189	-1,007	-1,042	-1,126	-983	-1,009
Acquisitions	-497	-793	-307	-422	-200	-0.04	-0.50	-0.04	-0.05	-0.11	0.00
Purchase of Investments	-93	-49	-38	-46	-50	-109	-61	-56	-126	-174	-37
Sale and/or Maturity of Investments	126	54	42	50	55	122	64	60	132	183	41
Other Investing Activities, net	-11	-2.84	5.85	5.51	11	-36	5.70	-66	-70	-39	-145
Net Cash From Financing Activities	1,042	420	1,350	586	-93	495	32	284	19	-23	-83
Net Cash From Continuing Financing Activities	1,042	420	1,350	586	-93	495	32	284	19	-23	-83
Repayment of Debt	316	-206	192	-1,839	331	-786	-876	-188	-241	-647	-1,272
Payment of Dividends	-232	-232	-247	-248	-256	-258	-272	-273	-277	-279	-292
Issuance of Debt	979	858	1,350	2,500	-728	1,380	1,201	527	312	902	1,503
Other Financing Activities, net	-22	-	-22	-	-22	-	-22	-	-22	-	-22

This table presents Eversource Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	30,580	32,053	5,214	38,241	41,124	46,100	48,492	53,231	55,612	59,595	63,787
Total Current Assets	2,619	2,478	201	2,292	2,415	3,130	3,270	4,223	4,248	5,076	5,077
Cash & Equivalents	24	30	-	108	15	107	67	375	54	27	135
Accounts Receivable	775	847	201	1,170	1,170	1,429	1,437	1,756	1,657	1,893	2,122
Inventories, net	336	329	-	238	235	266	268	374	507	595	492
Other Current Assets	975	1,103	-	776	993	1,329	1,499	1,718	2,030	2,561	2,328
Plant, Property, & Equipment, net	0.00	0.00	0.00	25,610	27,585	30,883	0.00	36,113	39,499	40,987	45,931
Plant, Property & Equipment, gross	-	-	-	25,610	-	30,883	-	36,113	-	40,987	45,931
Total Noncurrent Assets	8,069	8,225	5,013	10,339	11,124	12,087	45,222	12,895	11,866	13,532	12,779
Long-Term Investments	516	545	585	882	1,321	1,564	1,897	2,543	998	320	317
Goodwill	3,519	3,519	4,427	4,427	4,427	4,446	4,477	4,523	4,532	3,571	4,234
Other Noncurrent Operating Assets	23,926	25,511	-	5,030	5,376	6,077	38,848	4,784	5,307	5,692	6,717
Other Noncurrent Nonoperating Assets	-	-	-	0.00	-	0.00	-	1,046	0.00	3,948	1,511
Total Liabilities & Shareholders' Equity	30,580	32,053	36,220	38,241	41,124	46,100	48,492	53,231	55,612	59,595	63,787
Total Liabilities	20,073	21,186	3,298	26,599	28,338	31,880	33,737	37,602	41,283	44,400	47,434
Total Current Liabilities	2,990	3,639	0.00	4,113	3,606	4,915	5,847	6,799	6,341	6,721	7,809
Short-Term Debt	229	774	-	890	327	1,096	1,193	1,363	825	1,046	1,436
Accounts Payable	814	885	-	1,120	1,148	1,371	1,672	2,114	1,869	1,737	1,860
Other Current Liabilities	1,947	1,980	0.00	2,103	2,130	2,448	2,982	3,322	3,387	3,544	4,513
Total Noncurrent Liabilities	17,083	17,547	3,298	22,486	24,733	26,965	27,890	30,803	34,941	37,679	39,625
Long-Term Debt	8,806	8,829	-	12,249	13,771	15,126	17,024	19,724	23,589	25,702	26,872
Asset Retirement Reserve & Litigation Obligation	514	702	-	4,076	4,147	4,350	4,366	4,433	4,529	4,623	4,869
Noncurrent Deferred & Payable Income Tax Liabilities	5,148	5,607	3,298	3,506	3,756	4,095	4,597	5,068	5,304	5,411	5,647
Noncurrent Employee Benefit Liabilities	1,407	1,142	-	963	1,370	1,654	242	135	124	95	101
Other Noncurrent Operating Liabilities	1,209	1,267	0.00	1,693	1,689	1,740	1,660	1,443	1,397	1,448	2,136
Commitments & Contingencies	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	156	156	-	156	156	156	156	156	156	156	156
Total Equity & Noncontrolling Interests	10,352	10,712	-318	11,487	12,630	14,064	14,600	15,473	14,174	15,039	16,197
Total Preferred & Common Equity	10,352	10,712	-318	11,487	12,630	14,064	14,600	15,473	14,174	15,039	16,197
Total Common Equity	10,352	10,712	-318	11,487	12,630	14,064	14,600	15,473	14,174	15,039	16,197
Common Stock	7,932	7,920	-	7,911	8,817	9,805	9,888	10,202	10,261	11,308	11,852
Retained Earnings	2,797	3,175	-	3,954	4,177	4,613	5,005	5,527	4,143	3,929	4,505
Accumulated Other Comprehensive Income / (Loss)	-67	-65	-	-60	-65	-76	-42	-39	-34	-26	-21
Other Equity Adjustments	-	-	-	-	-	-	-	-	-	-	-139

This table presents Eversource Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	54,540	56,293	55,612	57,322	58,352	58,573	59,595	60,195	60,956	61,703	64,708
Total Current Assets	3,722	4,009	4,248	4,881	4,673	4,833	5,076	4,912	4,905	4,859	5,345
Cash & Equivalents	42	79	54	259	33	98	27	111	344	259	270
Accounts Receivable	1,513	1,602	1,657	1,789	1,670	1,732	1,893	2,066	1,897	1,819	2,298
Inventories, net	406	446	507	555	532	564	595	605	549	528	489
Other Current Assets	1,760	1,882	2,030	2,277	2,437	2,439	2,561	2,131	2,115	2,252	2,287
Plant, Property, & Equipment, net	37,578	38,518	39,499	40,289	41,126	41,911	40,987	41,650	42,303	43,044	46,470
Plant, Property & Equipment, gross	37,578	38,518	-	40,289	-	-	-	-	-	-	46,470
Total Noncurrent Assets	13,240	13,766	11,866	12,152	12,554	11,829	13,532	13,633	13,748	13,800	12,893
Long-Term Investments	2,555	3,051	998	1,076	1,281	506	489	324	317	321	322
Goodwill	4,523	4,530	4,532	4,532	4,532	4,527	3,571	3,571	3,571	3,571	4,234
Other Noncurrent Operating Assets	4,979	4,946	5,307	5,459	5,640	5,639	5,524	5,730	8,470	5,781	6,770
Other Noncurrent Nonoperating Assets	1,184	1,239	0.00	1,085	-	-	2,611	2,625	-	2,691	1,566
Total Liabilities & Shareholders' Equity	54,540	56,293	55,612	57,322	58,352	58,573	59,595	60,195	60,956	61,703	64,708
Total Liabilities	38,830	40,452	41,283	42,623	43,378	43,373	44,400	44,698	45,135	45,519	48,021
Total Current Liabilities	5,795	7,120	6,341	6,368	6,253	5,620	6,721	6,517	6,881	6,798	8,210
Short-Term Debt	2,106	2,115	825	909	1,328	1,442	1,003	1,350	1,950	1,140	2,686
Accounts Payable	1,550	1,642	1,869	1,664	1,759	1,562	1,737	1,489	1,513	1,484	1,662
Other Current Liabilities	2,139	3,362	3,387	3,795	2,838	2,307	3,587	3,336	2,998	3,809	3,861
Total Noncurrent Liabilities	33,036	33,332	34,941	36,255	37,125	37,754	37,679	38,181	38,254	38,720	39,811
Long-Term Debt	21,772	22,087	23,589	24,930	25,836	25,971	25,702	26,249	26,213	26,854	26,861
Asset Retirement Reserve & Litigation Obligation	4,469	4,527	4,529	4,557	4,602	4,635	4,623	4,660	4,672	4,713	4,921
Noncurrent Deferred & Payable Income Tax Liabilities	5,275	5,239	5,304	5,315	5,250	5,331	5,411	5,402	5,524	5,547	5,895
Noncurrent Employee Benefit Liabilities	120	118	124	124	125	126	95	96	95	95	101
Other Noncurrent Operating Liabilities	1,400	1,361	1,397	1,330	1,312	1,691	1,448	1,376	1,351	1,106	2,034
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	156	156	156	156	156	156	156	156	156	156	156
Total Equity & Noncontrolling Interests	15,554	15,686	14,174	14,544	14,819	15,044	15,039	15,341	15,666	16,028	16,531
Total Preferred & Common Equity	15,554	15,686	14,174	14,544	14,819	15,044	15,039	15,341	15,666	16,028	16,531
Total Common Equity	15,554	15,686	14,174	14,544	14,819	15,044	15,039	15,341	15,666	16,028	16,531
Common Stock	10,229	10,244	10,261	10,344	10,532	11,130	11,308	11,319	11,561	11,831	11,864
Retained Earnings	5,563	5,667	4,143	4,414	4,497	4,119	3,929	4,204	4,280	4,366	4,816
Accumulated Other Comprehensive Income / (Loss)	-32	-24	-34	-29	-30	-28	-26	-24	-24	-23	-20
Other Equity Adjustments	-	-	-	-	-180	-176	-	-158	-151	-145	-129

This table displays calculated financial ratios and metrics derived from Eversource Energy's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.75%	-3.97%	1.48%	8.98%	0.93%	4.43%	10.77%	24.60%	-3.08%	-0.08%	13.83%
EBITDA Growth	10.11%	5.42%	9.11%	1.41%	-3.32%	16.14%	7.16%	20.00%	-14.91%	28.98%	25.60%
EBIT Growth	10.14%	5.97%	4.74%	-8.41%	-5.74%	21.71%	2.73%	18.08%	7.99%	2.61%	19.45%
NOPAT Growth	5.14%	6.03%	2.73%	11.43%	-7.93%	26.30%	0.64%	6.87%	0.94%	-5.55%	74.03%
Net Income Growth	7.13%	7.20%	4.81%	4.52%	-11.91%	32.31%	1.27%	15.01%	-130.78%	288.44%	107.51%
EPS Growth	6.98%	7.25%	5.07%	4.50%	-13.54%	26.33%	-0.28%	14.41%	-131.11%	280.16%	100.88%
Operating Cash Flow Growth	-13.21%	54.02%	-9.60%	-8.30%	9.78%	-16.27%	16.64%	22.35%	-31.45%	31.20%	90.47%
Free Cash Flow Firm Growth	-1,292.51%	101.63%	8,264.67%	-207.86%	97.48%	-215.27%	59.39%	88.12%	-4,252.49%	99.19%	-271.10%
Invested Capital Growth	459.65%	4.94%	-93.25%	1,687.30%	7.38%	12.62%	7.78%	5.63%	15.87%	4.25%	12.06%
Revenue Q/Q Growth	-2.33%	1.13%	1.56%	1.68%	0.18%	2.10%	2.58%	4.67%	-2.74%	2.39%	3.03%
EBITDA Q/Q Growth	0.09%	1.62%	4.43%	-1.75%	-0.31%	2.59%	2.24%	2.16%	-0.46%	2.05%	6.64%
EBIT Q/Q Growth	-0.59%	3.50%	0.62%	-2.39%	2.18%	0.73%	1.40%	4.24%	1.13%	-6.75%	12.58%
NOPAT Q/Q Growth	-3.86%	3.32%	1.35%	1.92%	1.85%	1.95%	2.93%	-0.48%	-8.88%	-13.48%	17.21%
Net Income Q/Q Growth	-4.30%	5.25%	0.83%	-0.58%	2.09%	1.84%	2.91%	0.96%	-137.03%	251.19%	25.81%
EPS Q/Q Growth	6.98%	0.00%	0.00%	-0.61%	1.08%	0.57%	3.21%	1.00%	-137.61%	244.59%	26.32%
Operating Cash Flow Q/Q Growth	-10.35%	27.44%	-1.84%	-5.06%	4.79%	-16.33%	15.00%	12.67%	-12.51%	8.28%	7.13%
Free Cash Flow Firm Q/Q Growth	-163.28%	-76.61%	983.30%	11.72%	-111.47%	-61.80%	55.45%	94.10%	-2,828.88%	99.41%	-162.62%
Invested Capital Q/Q Growth	0.00%	15,874.57%	-62.18%	-17.28%	0.88%	3.20%	0.29%	-3.56%	6.38%	-6.50%	3.36%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	44.48%	49.69%	50.43%	47.04%	48.36%	49.82%	48.17%	44.02%	40.69%	51.69%	53.62%
EBITDA Margin	31.26%	34.31%	36.89%	34.33%	32.89%	36.57%	35.38%	34.07%	29.92%	38.62%	42.61%
Operating Margin	22.18%	24.10%	24.36%	20.12%	18.65%	22.33%	20.21%	17.89%	20.14%	20.24%	22.06%
EBIT Margin	22.61%	24.95%	25.75%	21.64%	20.21%	23.55%	21.85%	20.70%	23.07%	23.69%	24.86%
Profit (Net Income) Margin	11.14%	12.43%	12.84%	12.32%	10.75%	13.62%	12.45%	11.49%	-3.65%	6.88%	12.55%
Tax Burden Percent	62.13%	63.12%	63.23%	78.26%	77.02%	77.79%	78.11%	75.69%	158.06%	65.86%	92.38%
Interest Burden Percent	79.29%	78.96%	78.87%	72.72%	69.06%	74.33%	72.97%	73.34%	-10.01%	44.12%	54.65%
Effective Tax Rate	37.87%	36.88%	36.77%	21.74%	22.98%	22.21%	21.89%	24.31%	0.00%	34.14%	7.62%
Return on Invested Capital (ROIC)	9.89%	6.03%	11.34%	10.59%	4.97%	5.70%	5.21%	5.22%	4.75%	4.09%	6.77%
ROIC Less NNEP Spread (ROIC-NNEP)	6.29%	3.56%	7.56%	6.39%	2.49%	3.25%	3.07%	3.71%	-5.63%	0.90%	2.53%
Return on Net Nonoperating Assets (RNNOA)	6.97%	2.85%	7.53%	7.78%	2.54%	3.29%	3.27%	4.08%	-7.65%	1.46%	4.00%
Return on Equity (ROE)	16.86%	8.89%	18.87%	18.38%	7.50%	8.98%	8.48%	9.30%	-2.90%	5.55%	10.78%
Cash Return on Invested Capital (CROIC)	-129.47%	1.22%	186.06%	-168.21%	-2.16%	-6.17%	-2.28%	-0.25%	-9.95%	-0.07%	-4.60%
Operating Return on Assets (OROA)	10.39%	6.09%	10.71%	8.41%	4.34%	4.81%	4.56%	5.00%	5.05%	4.89%	5.46%
Return on Assets (ROA)	5.12%	3.03%	5.34%	4.79%	2.31%	2.78%	2.60%	2.78%	-0.80%	1.42%	2.76%
Return on Common Equity (ROCE)	17.10%	8.76%	18.59%	18.12%	7.41%	8.88%	8.39%	9.20%	-2.87%	5.49%	10.67%
Return on Equity Simple (ROE_SIMPLE)	8.56%	8.87%	-313.28%	9.06%	7.26%	8.62%	8.41%	9.13%	-3.07%	5.45%	0.00%
Net Operating Profit after Tax (NOPAT)	1,096	1,162	1,194	1,330	1,225	1,547	1,557	1,664	1,680	1,586	2,761
NOPAT Margin	13.78%	15.21%	15.40%	15.75%	14.37%	17.37%	15.79%	13.54%	14.10%	13.33%	20.38%
Net Nonoperating Expense Percent (NNEP)	3.61%	2.48%	3.78%	4.20%	2.48%	2.45%	2.14%	1.51%	10.38%	3.20%	4.25%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	4.55%	4.35%	3.80%	6.20%
Cost of Revenue to Revenue	55.52%	50.31%	49.57%	52.96%	51.64%	50.18%	51.83%	55.98%	59.31%	48.31%	46.38%
SG&A Expenses to Revenue	77.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	100.35%	25.59%	26.08%	26.92%	29.70%	27.49%	27.96%	26.13%	20.55%	31.45%	31.56%
Earnings before Interest and Taxes (EBIT)	1,798	1,906	1,996	1,828	1,723	2,097	2,155	2,544	2,747	2,819	3,367
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,487	2,621	2,860	2,900	2,804	3,256	3,490	4,187	3,563	4,596	5,772
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.19	1.31	0.00	1.53	1.92	1.90	1.99	1.76	1.48	1.42	1.58
Price to Tangible Book Value (P/TBV)	1.80	1.95	0.00	2.49	2.95	2.78	2.86	2.49	2.17	1.87	2.15
Price to Revenue (P/Rev)	1.55	1.84	2.14	2.08	2.84	3.00	2.94	2.22	1.76	1.80	1.89
Price to Earnings (P/E)	14.03	14.91	16.77	17.05	26.61	22.18	23.75	19.39	0.00	26.35	15.17
Dividend Yield	4.30%	4.10%	3.71%	3.70%	2.92%	2.96%	2.91%	3.32%	4.59%	4.98%	4.47%
Earnings Yield	7.13%	6.71%	5.96%	5.87%	3.76%	4.51%	4.21%	5.16%	0.00%	3.79%	6.59%
Enterprise Value to Invested Capital (EV/IC)	1.12	1.18	12.01	1.26	1.45	1.44	1.46	1.39	1.17	1.21	1.25
Enterprise Value to Revenue (EV/Rev)	2.64	3.04	2.06	3.54	4.35	4.65	4.60	3.71	3.73	4.01	3.96
Enterprise Value to EBITDA (EV/EBITDA)	8.44	8.86	5.59	10.31	13.23	12.72	13.01	10.88	12.47	10.39	9.30
Enterprise Value to EBIT (EV/EBIT)	11.67	12.19	8.01	16.36	21.53	19.76	21.07	17.91	16.18	16.93	15.94
Enterprise Value to NOPAT (EV/NOPAT)	19.14	19.99	13.39	22.49	30.29	26.78	29.16	27.39	26.46	30.09	19.44
Enterprise Value to Operating Cash Flow (EV/OCF)	14.63	10.52	8.01	16.34	18.47	24.62	23.13	18.98	27.00	22.10	13.05
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	99.20	0.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.86	0.88	0.00	1.13	1.10	1.14	1.23	1.35	1.70	1.76	1.73
Long-Term Debt to Equity	0.84	0.81	0.00	1.05	1.08	1.06	1.15	1.26	1.65	1.69	1.64
Financial Leverage	1.11	0.80	1.00	1.22	1.02	1.01	1.06	1.10	1.36	1.63	1.58
Leverage Ratio	3.29	2.93	3.53	3.84	3.25	3.23	3.26	3.35	3.63	3.90	3.91
Compound Leverage Factor	2.61	2.31	2.79	2.79	2.24	2.40	2.38	2.46	-0.36	1.72	2.14
Debt to Total Capital	46.23%	46.91%	0.00%	53.02%	52.44%	53.29%	55.25%	57.43%	63.01%	63.74%	63.38%
Short-Term Debt to Total Capital	1.17%	3.78%	0.00%	3.59%	1.22%	3.60%	3.62%	3.71%	2.13%	2.39%	3.22%
Long-Term Debt to Total Capital	45.06%	43.13%	0.00%	49.43%	51.22%	49.69%	51.63%	53.72%	60.89%	61.34%	60.17%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.80%	0.76%	0.00%	0.63%	0.58%	0.51%	0.47%	0.42%	0.40%	0.37%	0.35%
Common Equity to Total Capital	52.97%	52.33%	100.00%	46.35%	46.98%	46.20%	44.28%	42.14%	36.58%	35.89%	36.27%
Debt to EBITDA	3.63	3.66	0.00	4.53	5.03	4.98	5.22	5.04	6.85	5.81	4.90
Net Debt to EBITDA	3.42	3.44	0.00	4.19	4.55	4.47	4.66	4.34	6.56	5.70	4.83
Long-Term Debt to EBITDA	3.54	3.37	0.00	4.22	4.91	4.65	4.88	4.71	6.62	5.59	4.66
Debt to NOPAT	8.24	8.26	0.00	9.88	11.51	10.49	11.70	12.67	14.54	16.83	10.25
Net Debt to NOPAT	7.75	7.77	0.00	9.13	10.42	9.41	10.44	10.92	13.91	16.51	10.09
Long-Term Debt to NOPAT	8.03	7.60	0.00	9.21	11.24	9.78	10.93	11.85	14.04	16.20	9.73
Altman Z-Score	0.94	0.93	5.81	0.86	0.97	0.94	0.95	0.91	0.74	0.70	0.76
Noncontrolling Interest Sharing Ratio	-1.38%	1.46%	1.47%	1.37%	1.27%	1.15%	1.07%	1.02%	1.04%	1.05%	0.99%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.88	0.68	0.00	0.56	0.67	0.64	0.56	0.62	0.67	0.76	0.65
Quick Ratio	0.27	0.24	0.00	0.31	0.33	0.31	0.26	0.31	0.27	0.29	0.29
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-14,344	234	19,590	-21,129	-532	-1,676	-681	-81	-3,518	-28	-1,876
Operating Cash Flow to CapEx	83.16%	111.70%	85.01%	77.04%	69.02%	59.40%	61.81%	69.77%	50.71%	59.70%	98.92%
Free Cash Flow to Firm to Interest Expense	-38.52	0.58	46.45	-42.36	-1.00	-3.11	-1.17	-0.12	-4.11	-0.03	-1.51
Operating Cash Flow to Interest Expense	3.85	5.51	4.73	3.67	3.77	3.12	3.37	3.54	1.92	1.94	3.31
Operating Cash Flow Less CapEx to Interest Expense	-0.78	0.58	-0.83	-1.09	-1.69	-2.14	-2.08	-1.53	-1.87	-1.31	-0.04
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.46	0.24	0.42	0.39	0.21	0.20	0.21	0.24	0.22	0.21	0.22
Accounts Receivable Turnover	0.00	9.41	14.78	12.32	7.29	6.85	6.88	7.70	6.98	6.70	6.75
Inventory Turnover	0.00	11.55	0.00	0.00	18.60	17.83	19.18	21.43	16.02	10.43	11.57
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.32	0.30	0.00	0.00	0.32	0.30	0.31
Accounts Payable Turnover	0.00	4.53	0.00	0.00	3.88	3.55	3.36	3.63	3.55	3.19	3.49
Days Sales Outstanding (DSO)	0.00	38.77	24.69	29.63	50.10	53.27	53.03	47.42	52.29	54.44	54.10
Days Inventory Outstanding (DIO)	0.00	31.59	0.00	0.00	19.63	20.47	19.03	17.03	22.78	34.98	31.55
Days Payable Outstanding (DPO)	0.00	80.64	0.00	0.00	94.00	102.87	108.63	100.44	102.90	114.47	104.47
Cash Conversion Cycle (CCC)	0.00	-10.29	24.69	29.63	-24.27	-29.13	-36.57	-35.99	-27.83	-25.05	-18.82
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	18,799	19,727	1,331	23,791	25,548	28,771	31,009	32,753	37,951	39,566	43,078
Invested Capital Turnover	0.72	0.40	0.74	0.67	0.35	0.33	0.33	0.39	0.34	0.31	0.33
Increase / (Decrease) in Invested Capital	15,440	928	-18,396	22,460	1,757	3,223	2,238	1,745	5,198	1,615	4,637
Enterprise Value (EV)	20,979	23,232	15,987	29,915	37,107	41,433	45,402	45,572	44,440	47,734	53,680
Market Capitalization	12,329	14,048	16,573	17,611	24,189	26,725	28,994	27,246	20,923	21,389	25,668
Book Value per Share	$32.62	$33.13	($0.98)	$35.57	$38.30	$40.31	$41.73	$43.67	$39.89	$40.38	$42.49
Tangible Book Value per Share	$21.53	$22.24	($14.67)	$21.86	$24.87	$27.57	$28.93	$30.90	$27.13	$30.79	$31.38
Total Capital	19,542	20,471	-318	24,781	26,884	30,441	32,972	36,716	38,743	41,900	44,661
Total Debt	9,034	9,603	0.00	13,138	14,098	16,222	18,217	21,087	24,413	26,705	28,309
Total Long-Term Debt	8,806	8,829	0.00	12,249	13,771	15,126	17,024	19,724	23,589	25,702	26,872
Net Debt	8,494	9,028	-585	12,149	12,762	14,552	16,253	18,170	23,361	26,189	27,856
Capital Expenditures (CapEx)	1,724	1,977	2,348	2,376	2,911	2,832	3,175	3,442	3,246	3,618	4,159
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-166	-417	201	-1,039	-879	-795	-1,451	-1,587	-1,322	-668	-1,431
Debt-free Net Working Capital (DFNWC)	-142	-387	201	-931	-864	-688	-1,384	-1,213	-1,269	-642	-1,295
Net Working Capital (NWC)	-371	-1,161	201	-1,821	-1,191	-1,785	-2,577	-2,576	-2,093	-1,645	-2,731
Net Nonoperating Expense (NNE)	210	212	198	290	308	334	329	251	2,114	767	1,061
Net Nonoperating Obligations (NNO)	8,291	8,860	1,649	12,149	12,762	14,552	16,253	17,125	23,622	24,371	26,725
Total Depreciation and Amortization (D&A)	688	715	864	1,072	1,081	1,159	1,335	1,643	816	1,776	2,404
Debt-free, Cash-free Net Working Capital to Revenue	-2.09%	-5.46%	2.60%	-12.30%	-10.31%	-8.93%	-14.71%	-12.92%	-11.10%	-5.62%	-10.56%
Debt-free Net Working Capital to Revenue	-1.79%	-5.07%	2.60%	-11.02%	-10.13%	-7.73%	-14.03%	-9.87%	-10.65%	-5.39%	-9.56%
Net Working Capital to Revenue	-4.66%	-15.20%	2.60%	-21.55%	-13.97%	-20.04%	-26.13%	-20.96%	-17.58%	-13.82%	-20.16%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.77	$2.97	$3.11	$3.25	$2.83	$3.56	$3.55	$4.05	($1.27)	$2.27	$4.56
Adjusted Weighted Average Basic Shares Outstanding	317.34M	317.65M	317.41M	317.37M	321.42M	338.84M	343.97M	346.78M	349.58M	357.48M	370.85M
Adjusted Diluted Earnings per Share	$2.76	$2.96	$3.11	$3.25	$2.81	$3.55	$3.54	$4.05	($1.26)	$2.27	$4.56
Adjusted Weighted Average Diluted Shares Outstanding	318.43M	318.45M	318.03M	319M	324.80M	339.85M	344.63M	347.25M	349.84M	357.78M	371.26M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	317.19M	323.36M	322.92M	323.02M	342.02M	355.07M	356.51M	360.55M	361.76M	372.82M	381.53M
Normalized Net Operating Profit after Tax (NOPAT)	1,096	1,162	1,194	1,330	1,410	1,547	1,557	1,664	1,680	1,586	2,761
Normalized NOPAT Margin	13.78%	15.21%	15.40%	15.75%	16.53%	17.37%	15.79%	13.54%	14.10%	13.33%	20.38%
Pre Tax Income Margin	17.93%	19.70%	20.31%	15.74%	13.96%	17.51%	15.94%	15.18%	-2.31%	10.45%	13.58%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.83	4.75	4.73	3.67	3.23	3.90	3.70	3.75	3.21	2.54	2.71
NOPAT to Interest Expense	2.94	2.90	2.83	2.67	2.30	2.87	2.67	2.45	1.96	1.43	2.22
EBIT Less CapEx to Interest Expense	0.20	-0.18	-0.83	-1.10	-2.23	-1.37	-1.75	-1.32	-0.58	-0.72	-0.64
NOPAT Less CapEx to Interest Expense	-1.69	-2.03	-2.74	-2.10	-3.16	-2.39	-2.78	-2.62	-1.83	-1.83	-1.12
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	60.64%	60.22%	61.23%	62.24%	73.18%	62.03%	66.20%	61.42%	-213.13%	123.17%	64.74%
Augmented Payout Ratio	60.64%	60.22%	61.23%	62.24%	73.18%	62.03%	66.20%	61.42%	-213.13%	123.17%	64.74%

This table displays calculated financial ratios and metrics derived from Eversource Energy's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	381,532,317.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	381,532,317.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.59
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-13.19%	-11.07%	-12.20%	-3.64%	9.73%	10.29%	23.58%	12.02%	5.14%	13.42%	9.37%
EBITDA Growth	-25.02%	-1.73%	18.52%	26.57%	67.88%	9.87%	45.44%	30.77%	-4.26%	34.96%	7.92%
EBIT Growth	-5.79%	4.99%	11.74%	9.50%	18.91%	-31.72%	8.72%	5.66%	6.84%	85.64%	15.57%
NOPAT Growth	12.05%	-0.89%	12.51%	121.54%	-8.35%	-56.09%	10.47%	11.06%	244.16%	261.40%	13.11%
Net Income Growth	-2.77%	-499.52%	6.22%	1,849.03%	-134.02%	105.78%	5.53%	5.16%	417.99%	468.80%	10.14%
EPS Growth	-3.00%	-495.70%	5.67%	2,275.00%	-134.02%	104.35%	0.67%	1.05%	400.00%	593.75%	7.33%
Operating Cash Flow Growth	-38.39%	-33.04%	321.23%	16.02%	6.46%	34.62%	257.21%	57.64%	97.92%	42.66%	27.27%
Free Cash Flow Firm Growth	52.51%	-256.03%	-53.15%	-133.67%	-398.54%	69.98%	37.54%	49.17%	134.04%	-1,162.06%	-28.17%
Invested Capital Growth	5.05%	15.87%	10.94%	14.93%	18.62%	4.25%	6.97%	7.27%	-1.51%	12.06%	8.09%
Revenue Q/Q Growth	6.17%	-3.48%	23.69%	-23.98%	20.91%	-2.99%	38.60%	-31.09%	13.48%	4.64%	33.65%
EBITDA Q/Q Growth	5.03%	17.62%	36.27%	-24.82%	39.32%	-23.02%	80.39%	-32.40%	2.00%	8.51%	44.25%
EBIT Q/Q Growth	-7.00%	5.57%	45.58%	-23.40%	1.00%	-39.38%	131.82%	-25.55%	2.12%	5.33%	44.32%
NOPAT Q/Q Growth	127.71%	-16.41%	65.13%	-29.51%	-5.80%	-59.96%	315.46%	-29.13%	191.92%	-57.95%	30.03%
Net Income Q/Q Growth	1,874.01%	-476.70%	140.71%	-35.61%	-134.45%	164.04%	642.83%	-35.84%	4.18%	14.55%	43.84%
EPS Q/Q Growth	2,325.00%	-479.38%	140.49%	-36.24%	-134.74%	148.48%	837.50%	-36.00%	3.13%	12.12%	45.05%
Operating Cash Flow Q/Q Growth	-9.73%	-8.60%	-38.93%	130.24%	-17.17%	15.58%	62.05%	1.61%	4.00%	-16.69%	44.57%
Free Cash Flow Firm Q/Q Growth	40.44%	-285.62%	35.22%	-57.04%	-27.08%	76.78%	-34.79%	-27.79%	185.12%	-289.83%	37.93%
Invested Capital Q/Q Growth	-0.37%	6.38%	0.44%	7.96%	2.83%	-6.50%	3.06%	8.26%	-5.58%	3.36%	2.31%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	40.20%	46.24%	49.02%	48.46%	53.37%	55.71%	55.62%	54.68%	51.33%	52.49%	55.04%
EBITDA Margin	28.49%	34.72%	38.25%	37.82%	43.58%	34.58%	45.01%	44.15%	39.69%	41.15%	44.41%
Operating Margin	19.01%	20.73%	25.39%	23.78%	19.99%	11.71%	22.49%	23.36%	21.38%	21.08%	23.89%
EBIT Margin	21.84%	23.89%	28.12%	28.33%	23.67%	14.79%	24.74%	26.72%	24.05%	24.21%	26.14%
Profit (Net Income) Margin	12.24%	-47.75%	15.72%	13.31%	-3.79%	2.50%	13.42%	12.49%	11.47%	12.56%	13.51%
Tax Burden Percent	88.16%	95.05%	76.32%	75.53%	293.08%	49.35%	76.99%	76.22%	214.23%	87.32%	74.96%
Interest Burden Percent	63.54%	-210.32%	73.24%	62.20%	-5.47%	34.31%	70.47%	61.34%	22.27%	59.41%	68.98%
Effective Tax Rate	11.84%	0.00%	23.68%	24.47%	0.00%	50.65%	23.01%	23.78%	-114.23%	12.68%	25.04%
Return on Invested Capital (ROIC)	5.89%	4.89%	6.12%	5.30%	4.17%	1.77%	5.57%	5.42%	14.34%	6.12%	5.88%
ROIC Less NNEP Spread (ROIC-NNEP)	5.24%	-3.35%	5.54%	4.79%	1.85%	1.37%	4.91%	4.87%	10.14%	5.33%	5.13%
Return on Net Nonoperating Assets (RNNOA)	6.42%	-4.55%	7.58%	7.22%	2.80%	2.22%	7.92%	8.62%	17.00%	8.44%	8.40%
Return on Equity (ROE)	12.32%	0.34%	13.70%	12.52%	6.97%	4.00%	13.49%	14.05%	31.34%	14.56%	14.28%
Cash Return on Invested Capital (CROIC)	0.37%	-9.95%	-5.55%	-17.22%	-12.33%	-0.07%	-2.54%	-3.02%	7.13%	-4.60%	-1.06%
Operating Return on Assets (OROA)	4.96%	5.23%	5.78%	5.70%	4.79%	3.06%	5.34%	5.82%	5.26%	5.32%	5.83%
Return on Assets (ROA)	2.78%	-10.45%	3.23%	2.68%	-0.77%	0.52%	2.90%	2.72%	2.51%	2.76%	3.02%
Return on Common Equity (ROCE)	12.19%	0.34%	13.56%	12.40%	6.90%	3.96%	13.35%	13.90%	31.03%	14.42%	14.14%
Return on Equity Simple (ROE_SIMPLE)	7.48%	0.00%	-2.78%	-0.57%	-3.60%	0.00%	5.53%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	468	391	646	455	429	172	713	505	1,475	620	807
NOPAT Margin	16.76%	14.51%	19.37%	17.96%	13.99%	5.78%	17.32%	17.81%	45.81%	18.41%	17.91%
Net Nonoperating Expense Percent (NNEP)	0.66%	8.23%	0.58%	0.51%	2.32%	0.41%	0.66%	0.55%	4.20%	0.79%	0.75%
Return On Investment Capital (ROIC_SIMPLE)	-	1.01%	-	-	-	0.41%	1.66%	1.15%	3.35%	1.39%	1.75%
Cost of Revenue to Revenue	59.80%	53.76%	50.98%	51.54%	46.63%	44.29%	44.38%	45.32%	48.67%	47.51%	44.96%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	21.19%	25.51%	23.64%	24.68%	33.38%	44.01%	33.12%	31.31%	29.94%	31.41%	31.15%
Earnings before Interest and Taxes (EBIT)	610	644	937	718	725	439	1,019	758	775	816	1,177
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	795	935	1,275	958	1,335	1,028	1,854	1,253	1,278	1,387	2,001
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.26	1.48	1.44	1.37	1.64	1.42	1.51	1.52	1.67	1.58	1.60
Price to Tangible Book Value (P/TBV)	1.77	2.17	2.10	1.98	2.35	1.87	1.97	1.96	2.15	2.15	2.15
Price to Revenue (P/Rev)	1.61	1.76	1.83	1.79	2.13	1.80	1.83	1.83	2.04	1.89	1.90
Price to Earnings (P/E)	16.92	0.00	0.00	0.00	0.00	26.35	27.55	27.69	19.97	15.17	15.12
Dividend Yield	4.79%	4.59%	4.64%	4.90%	4.14%	4.98%	4.67%	4.61%	4.18%	4.47%	4.40%
Earnings Yield	5.91%	0.00%	0.00%	0.00%	0.00%	3.79%	3.63%	3.61%	5.01%	6.59%	6.61%
Enterprise Value to Invested Capital (EV/IC)	1.15	1.17	1.20	1.13	1.22	1.21	1.24	1.16	1.31	1.25	1.26
Enterprise Value to Revenue (EV/Rev)	3.34	3.73	3.99	4.08	4.45	4.01	3.98	3.96	4.14	3.96	3.99
Enterprise Value to EBITDA (EV/EBITDA)	11.44	12.47	12.13	11.69	11.48	10.39	9.75	9.40	10.05	9.30	9.38
Enterprise Value to EBIT (EV/EBIT)	15.08	16.18	16.04	15.93	17.10	16.93	17.40	17.48	18.19	15.94	15.75
Enterprise Value to NOPAT (EV/NOPAT)	22.22	26.46	26.13	0.00	28.19	30.09	30.50	30.15	23.10	19.44	19.50
Enterprise Value to Operating Cash Flow (EV/OCF)	21.77	27.00	24.43	23.62	25.92	22.10	17.35	15.60	14.17	13.05	12.63
Enterprise Value to Free Cash Flow (EV/FCFF)	317.68	0.00	0.00	0.00	0.00	0.00	0.00	0.00	18.16	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.53	1.70	1.76	1.81	1.80	1.76	1.78	1.78	1.73	1.73	1.77
Long-Term Debt to Equity	1.39	1.65	1.70	1.73	1.71	1.69	1.69	1.66	1.66	1.64	1.61
Financial Leverage	1.23	1.36	1.37	1.51	1.51	1.63	1.61	1.77	1.68	1.58	1.64
Leverage Ratio	3.45	3.63	3.64	3.68	3.70	3.90	3.89	3.87	3.83	3.91	3.88
Compound Leverage Factor	2.19	-7.64	2.67	2.29	-0.20	1.34	2.74	2.38	0.85	2.32	2.68
Debt to Total Capital	60.44%	63.01%	63.74%	64.46%	64.33%	63.74%	64.04%	64.03%	63.37%	63.38%	63.91%
Short-Term Debt to Total Capital	5.28%	2.13%	2.24%	3.15%	3.39%	2.39%	3.13%	4.43%	2.58%	3.22%	5.81%
Long-Term Debt to Total Capital	55.16%	60.89%	61.50%	61.31%	60.95%	61.34%	60.91%	59.60%	60.79%	60.17%	58.10%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.39%	0.40%	0.38%	0.37%	0.37%	0.37%	0.36%	0.35%	0.35%	0.35%	0.34%
Common Equity to Total Capital	39.17%	36.58%	35.88%	35.17%	35.30%	35.89%	35.60%	35.62%	36.28%	36.27%	35.76%
Debt to EBITDA	6.76	6.85	6.87	6.85	6.09	5.81	5.33	5.15	5.17	4.90	4.99
Net Debt to EBITDA	5.89	6.56	6.51	6.52	5.95	5.70	5.25	5.03	5.06	4.83	4.89
Long-Term Debt to EBITDA	6.17	6.62	6.63	6.52	5.77	5.59	5.07	4.79	4.96	4.66	4.54
Debt to NOPAT	13.13	14.54	14.79	-21.18	14.95	16.83	16.67	16.52	11.89	10.25	10.37
Net Debt to NOPAT	11.43	13.91	14.03	-20.16	14.62	16.51	16.41	16.13	11.64	10.09	10.16
Long-Term Debt to NOPAT	11.98	14.04	14.27	-20.15	14.16	16.20	15.86	15.37	11.40	9.73	9.43
Altman Z-Score	0.62	0.62	0.63	0.59	0.66	0.57	0.64	0.63	0.67	0.63	0.66
Noncontrolling Interest Sharing Ratio	0.99%	1.04%	1.02%	1.01%	1.00%	1.05%	1.03%	1.01%	0.99%	0.99%	0.97%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.56	0.67	0.77	0.75	0.86	0.76	0.75	0.71	0.71	0.65	0.65
Quick Ratio	0.24	0.27	0.32	0.27	0.33	0.29	0.33	0.33	0.31	0.29	0.31
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,247	-4,807	-3,114	-4,890	-6,215	-1,443	-1,945	-2,486	2,116	-4,016	-2,493
Operating Cash Flow to CapEx	48.05%	395.63%	25.34%	62.60%	51.88%	54.02%	103.30%	101.47%	97.66%	93.16%	131.21%
Free Cash Flow to Firm to Interest Expense	-5.61	-20.78	-12.42	-18.02	-20.68	-5.00	-6.47	-8.48	6.65	-12.13	-6.83
Operating Cash Flow to Interest Expense	2.35	2.06	1.16	2.47	1.85	2.22	3.46	3.61	3.46	2.77	3.63
Operating Cash Flow Less CapEx to Interest Expense	-2.54	1.54	-3.42	-1.48	-1.71	-1.89	0.11	0.05	-0.08	-0.20	0.86
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.23	0.22	0.21	0.20	0.20	0.21	0.22	0.22	0.22	0.22	0.22
Accounts Receivable Turnover	7.57	6.98	6.25	7.13	6.97	6.70	6.58	7.28	7.41	6.75	6.39
Inventory Turnover	19.26	16.02	13.09	13.05	11.65	10.43	10.14	10.83	10.98	11.57	11.85
Fixed Asset Turnover	0.33	0.32	0.30	0.29	0.29	0.30	0.31	0.31	0.31	0.31	0.32
Accounts Payable Turnover	4.77	3.55	3.68	3.70	3.67	3.19	3.73	3.58	3.94	3.49	4.11
Days Sales Outstanding (DSO)	48.24	52.29	58.44	51.18	52.34	54.44	55.45	50.11	49.28	54.10	57.16
Days Inventory Outstanding (DIO)	18.95	22.78	27.88	27.97	31.34	34.98	36.01	33.69	33.24	31.55	30.81
Days Payable Outstanding (DPO)	76.52	102.90	99.31	98.64	99.43	114.47	97.88	101.94	92.68	104.47	88.73
Cash Conversion Cycle (CCC)	-9.33	-27.83	-12.99	-19.50	-15.74	-25.05	-6.42	-18.13	-10.16	-18.82	-0.76
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	35,675	37,951	38,117	41,152	42,319	39,566	40,776	44,143	41,678	43,078	44,075
Invested Capital Turnover	0.35	0.34	0.32	0.30	0.30	0.31	0.32	0.30	0.31	0.33	0.33
Increase / (Decrease) in Invested Capital	1,714	5,198	3,760	5,346	6,643	1,615	2,658	2,991	-640	4,637	3,300
Enterprise Value (EV)	40,959	44,440	45,649	46,324	51,697	47,734	50,475	51,416	54,400	53,680	55,543
Market Capitalization	19,731	20,923	20,991	20,319	24,731	21,389	23,156	23,757	26,831	25,668	26,433
Book Value per Share	$44.17	$39.89	$41.47	$41.36	$41.40	$40.38	$41.15	$41.95	$42.50	$42.49	$43.33
Tangible Book Value per Share	$31.41	$27.13	$28.55	$28.71	$28.94	$30.79	$31.57	$32.39	$33.03	$31.38	$32.23
Total Capital	40,044	38,743	40,538	42,139	42,614	41,900	43,096	43,985	44,178	44,661	46,234
Total Debt	24,202	24,413	25,838	27,164	27,414	26,705	27,599	28,163	27,994	28,309	29,547
Total Long-Term Debt	22,087	23,589	24,930	25,836	25,971	25,702	26,249	26,213	26,854	26,872	26,861
Net Debt	21,072	23,361	24,503	25,850	26,810	26,189	27,164	27,503	27,414	27,856	28,955
Capital Expenditures (CapEx)	1,086	121	1,149	1,071	1,071	1,189	1,007	1,042	1,126	983	1,009
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,074	-1,322	-837	-286	558	-668	-366	-370	-1,059	-1,431	-449
Debt-free Net Working Capital (DFNWC)	-995	-1,269	-578	-252	656	-642	-255	-26	-800	-1,295	-179
Net Working Capital (NWC)	-3,111	-2,093	-1,487	-1,581	-787	-1,645	-1,605	-1,976	-1,940	-2,731	-2,865
Net Nonoperating Expense (NNE)	126	1,678	122	118	545	97	161	151	1,106	197	198
Net Nonoperating Obligations (NNO)	19,834	23,622	23,418	26,178	27,119	24,371	25,279	28,322	25,494	26,725	27,389
Total Depreciation and Amortization (D&A)	186	292	338	240	610	588	835	495	504	571	823
Debt-free, Cash-free Net Working Capital to Revenue	-8.77%	-11.10%	-7.31%	-2.52%	4.80%	-5.62%	-2.89%	-2.84%	-8.05%	-10.56%	-3.22%
Debt-free Net Working Capital to Revenue	-8.13%	-10.65%	-5.05%	-2.22%	5.64%	-5.39%	-2.01%	-0.20%	-6.08%	-9.56%	-1.28%
Net Working Capital to Revenue	-25.40%	-17.58%	-12.99%	-13.92%	-6.77%	-13.82%	-12.65%	-15.21%	-14.75%	-20.16%	-20.56%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.97	($3.69)	$1.49	$0.95	($0.33)	$0.16	$1.50	$0.96	$0.99	$1.11	$1.61
Adjusted Weighted Average Basic Shares Outstanding	349.70M	349.58M	350.72M	353.21M	359.52M	357.48M	367.32M	368.66M	371.91M	370.85M	376.03M
Adjusted Diluted Earnings per Share	$0.97	($3.68)	$1.49	$0.95	($0.33)	$0.16	$1.50	$0.96	$0.99	$1.11	$1.61
Adjusted Weighted Average Diluted Shares Outstanding	349.85M	349.84M	351.00M	353.42M	359.82M	357.78M	367.68M	368.92M	372.26M	371.26M	376.58M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	361.40M	361.76M	364.33M	369.46M	372.44M	372.82M	373.42M	377.15M	381.22M	381.53M	382.12M
Normalized Net Operating Profit after Tax (NOPAT)	468	391	646	455	429	243	713	505	482	620	807
Normalized NOPAT Margin	16.76%	14.51%	19.37%	17.96%	13.99%	8.19%	17.32%	17.81%	14.97%	18.41%	17.91%
Pre Tax Income Margin	13.88%	-50.24%	20.59%	17.62%	-1.29%	5.07%	17.43%	16.39%	5.35%	14.38%	18.03%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.74	2.78	3.74	2.65	2.41	1.52	3.39	2.59	2.44	2.46	3.22
NOPAT to Interest Expense	2.10	1.69	2.57	1.68	1.43	0.59	2.37	1.72	4.64	1.87	2.21
EBIT Less CapEx to Interest Expense	-2.14	2.26	-0.85	-1.30	-1.15	-2.60	0.04	-0.97	-1.10	-0.51	0.46
NOPAT Less CapEx to Interest Expense	-2.78	1.17	-2.01	-2.27	-2.14	-3.52	-0.98	-1.83	1.10	-1.10	-0.55
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	77.76%	-213.13%	-233.12%	-1,139.50%	-181.39%	123.17%	121.97%	122.35%	79.95%	64.74%	63.81%
Augmented Payout Ratio	77.76%	-213.13%	-233.12%	-1,139.50%	-181.39%	123.17%	121.97%	122.35%	79.95%	64.74%	63.81%

Financials Breakdown Chart

Key Financial Trends

Here is a concise, investor-focused snapshot of EVERSOURCE ENERGY (NYSE: ES) using the last four years of quarterly financial data, with a focus on trends in cash flow, profitability, and balance sheet health.

Net income attributable to common shareholders stayed positive in every 2025 quarter, highlighting ongoing profitability (Q1: about $550.8M; Q2: about $352.7M; Q3: about $367.5M; Q4: about $421.3M).
Cash flow from operating activities remained strong, averaging around $1.05B per quarter in 2025 (Q1: $1.040B; Q2: $1.057B; Q3: $1.100B; Q4: $0.916B from continuing operations).
The company maintained a stable dividend policy, with quarterly cash dividends per share near $0.75 (Q2 2025: 0.7525 per share; Q1 2025: 0.7525 per share).
Capital expenditures remained sizable and consistent, underscoring ongoing infrastructure investments (Q4 2025 capex: about $983.3M; Q3 2025: about $1.126B; Q2 2025: about $1.042B; Q1 2025: about $1.008B).
Total assets sit around $60–62B with total equity near $16B, indicating a solid capitalization base typical for a regulated utility (e.g., as of Q3 2025, total assets around $61.7B and total equity near $16.0B).
Long-term debt is sizable (roughly $26–27B) but aligns with capital-intensive utility financing; the mix of debt remains within historical ranges for ES.
Revenue shows predictable seasonality driven by weather and regulatory dynamics, leading to quarterly fluctuations between peak and trough periods.
Investing cash flow is consistently negative due to ongoing capex and related investments (net cash from investing activities typically around -$1.0B per quarter in recent periods).
Net change in cash and equivalents has shown quarterly declines linked to large capex and financing activity, with Q4 2025 posting a notable cash outflow (net change in cash around -$120.5M).
Interest expense runs near $300M per quarter and has shown modest year-over-year pressure, reducing net income margins and highlighting exposure to interest-rate movements.

05/11/26 02:16 PM ETAI Generated. May Contain Errors.

Eversource Energy Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Eversource Energy's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Over the last 10 years, Eversource Energy's net income changed from $886.00 million in 2015 to $1.70 billion in 2025, a change of 91.9%. Find out what analysts predict for Eversource Energy in the coming months.

Eversource Energy's total operating income in 2025 was $2.99 billion, based on the following breakdown:

Total Gross Profit: $7.26 billion
Total Operating Expenses: $4.28 billion

Over the last 10 years, Eversource Energy's total revenue changed from $7.95 billion in 2015 to $13.55 billion in 2025, a change of 70.3%.

Eversource Energy's total liabilities were at $47.43 billion at the end of 2025, a 6.8% increase from 2024, and a 136.3% increase since 2015.

In the past 10 years, Eversource Energy's cash and equivalents has ranged from $0.00 in 2017 to $374.60 million in 2022, and is currently $135.35 million as of their latest financial filing in 2025.

Over the last 10 years, Eversource Energy's book value per share changed from 32.62 in 2015 to 42.49 in 2025, a change of 30.2%.

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Financial statements for NYSE:ES last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Eversource Energy (ES) Financials

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Eversource Energy (ES) Financials

Annual Income Statements for Eversource Energy

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Quarterly Cash Flow Statements for Eversource Energy

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Quarterly Balance Sheets for Eversource Energy

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Quarterly Metrics And Ratios for Eversource Energy

Financials Breakdown Chart

Key Financial Trends

Eversource Energy Financials - Frequently Asked Questions

When does Eversource Energy's financial year end?

How has Eversource Energy's net income changed over the last 10 years?

What is Eversource Energy's operating income?

How has Eversource Energy's revenue changed over the last 10 years?

How much debt does Eversource Energy have?

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How has Eversource Energy's book value per share changed over the last 10 years?

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