Eversource Energy (ES) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$0.87	$0.87	0.0%	—	—	—
Q3 26	$1.63	$1.73	+6.1%	—	—	—
Q2 26	$1.1	$1.12	+1.8%	—	—	—
Q1 26	$1.15	$1.19	+3.5%	—	—	—
Q4 25	$0.95	$0.96	+1.1%	—	—	—
Q3 25	$1.51	$1.5	-0.7%	—	—	—
Q2 25	$0.99	$1.01	+2.0%	—	—	—
Q1 25	$1.08	$1.13	+4.6%	—	—	—
Q4 24	$0.96	$0.95	-1.0%	—	—	—
Q3 24	$1.47	$1.49	+1.4%	—	—	—
Q2 24	$0.97	$0.95	-2.1%	—	—	—
Q1 24	$0.98	$0.97	-1.0%	—	—	—
Q4 23	$0.91	$1	+9.9%	—	—	—
Q3 23	$1.34	$1.41	+5.2%	—	—	—
Q2 23	$0.94	$0.92	-2.1%	—	—	—
Q1 23	$1.03	$1.01	-1.9%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.56	—	—	$13.5B	—
FY24	—	$2.27	—	—	$11.9B	—
FY23	—	-$1.27	—	—	$11.9B	—
FY22	—	$4.05	—	—	$12.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$7.6B	$7.8B	$8.4B	$8.5B	$8.9B	$9.9B	$12.3B	$11.9B	$11.9B	$13.5B
YoY change	-3.97%	+1.48%	+8.98%	+0.93%	+4.43%	+10.8%	+24.6%	-3.08%	-0.08%	+13.8%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	7.6B	7.8B	8.4B	8.5B	8.9B	9.9B	12.3B	11.9B	11.9B	13.5B
Cost of revenue	3.8B	3.8B	4.5B	4.4B	4.5B	5.1B	6.9B	7.1B	2B	2.1B
Gross profit	3.8B	3.9B	4B	4.1B	4.4B	4.8B	5.4B	4.8B	9.9B	11.5B
Gross margin	49.7%	50.4%	47%	48.4%	49.8%	48.2%	44%	40.7%	83.1%	84.7%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	-84.4M	-219.8M	-132.9M	—	—
Operating expenses	533.7M	480.8M	472.4M	501.4M	535.8M	508.4M	438.3M	558.4M	4.4B	5B
Operating income	1.8B	1.9B	1.7B	1.8B	2B	2B	2.2B	2.4B	2.7B	3B
Operating margin	24.1%	24.4%	20.1%	21.5%	22.3%	20.2%	17.9%	20.1%	22.7%	22.1%
Non-operating income, net	53.5M	107.9M	128.4M	-120.4M	103.8M	135.7M	295.6M	-1.9B	-488.7M	-30.6M
Pretax income	1.5B	1.6B	1.3B	1.2B	1.6B	1.6B	1.9B	-275M	1.2B	1.8B
Income tax	555M	578.9M	289M	273.5M	346.2M	344.2M	453.6M	159.7M	424.7M	140.3M
Net income	949.8M	995.5M	1B	916.6M	1.2B	1.2B	1.4B	-434.7M	819.2M	1.7B
Net margin	12.4%	12.8%	12.3%	10.7%	13.6%	12.5%	11.5%	-3.65%	6.88%	12.5%
EBITDA	2.7B	2.9B	2.9B	3B	3.2B	3.5B	4.2B	3.6B	4.8B	5.7B
EPS	2.97	3.11	3.25	2.83	3.56	3.55	4.05	-1.27	2.27	4.56
Diluted EPS	2.96	3.11	3.25	2.81	3.55	3.54	4.05	-1.27	2.27	4.56

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	2.8B	2.7B	3.3B	2.5B	3.1B	3B	4.1B	2.8B	3.2B	3.4B	4.5B	—
Cost of revenue	1.7B	1.4B	1.7B	1.3B	1.4B	575.1M	487.5M	467.6M	518.3M	600.4M	507M	—
Gross profit	1.1B	1.2B	1.6B	1.2B	1.6B	2.4B	3.6B	2.4B	2.7B	2.8B	4B	—
Gross margin	40.2%	46.2%	49%	48.5%	53.4%	80.6%	88.2%	83.5%	83.9%	82.2%	88.7%	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	-27.8M	-30M	—	—	—	—	—	—	—	—
Operating expenses	162.4M	160.1M	185.7M	115.3M	148.1M	905.8M	1.6B	954M	1.2B	1.2B	1.8B	—
Operating income	530.6M	558.5M	846M	602.5M	612.4M	644.9M	926.4M	663.1M	688.7M	710.5M	1.1B	—
Operating margin	19%	20.7%	25.4%	23.8%	20%	21.7%	22.5%	23.4%	21.4%	21.1%	23.9%	—
Non-operating income, net	55M	-1.7B	61M	78.2M	-390.3M	-237.6M	58.3M	64.6M	-227.6M	74.1M	72.8M	—
Pretax income	387.4M	-1.4B	686.3M	446.5M	-39.6M	150.8M	717.9M	465.2M	172.4M	484.6M	812M	—
Income tax	45.9M	-67.1M	162.5M	109.2M	76.5M	76.4M	165.2M	110.6M	-197M	61.4M	203.3M	—
Net income	341.5M	-1.3B	523.7M	337.2M	-116.2M	74.4M	552.7M	354.6M	369.4M	423.2M	608.7M	—
Net margin	12.2%	-47.8%	15.7%	13.3%	-3.79%	2.5%	13.4%	12.5%	11.5%	12.6%	13.5%	—
EBITDA	771.5M	995.3M	1.2B	933.4M	1.3B	1.3B	1.8B	1.2B	1.3B	1.4B	2B	—
EPS	0.97	-3.68	1.49	0.95	-0.33	0.2	1.5	0.96	0.99	1.12	1.61	0.14
Diluted EPS	0.97	-3.68	1.49	0.95	-0.33	0.2	1.5	0.96	0.99	1.12	1.61	0.14

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	17.5B	20.1B	20.6B	27.3B	29.3B	31.3B	29.1B	21.6B	20.5B	25B	26.9B
Enterprise value	28.3B	33.4B	35.2B	42.9B	47.2B	51.4B	51.6B	48.3B	49.6B	54.9B	54.7B
Shares outstanding	317.7M	317.4M	317.4M	321.4M	338.8M	344M	346.8M	349.6M	357.5M	370.9M	370.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	18.5	20.1	19.8	29.8	24.2	25.5	20.6	—	25.1	14.7	18.3
P/S	2.3	2.59	2.44	3.21	3.29	3.17	2.37	1.81	1.73	1.84	1.9
P/B	1.61	1.78	1.77	2.14	2.06	2.12	1.86	1.51	1.35	1.53	1.62
EV/EBITDA	10.6	11.7	12.1	14.3	14.7	14.7	12.3	13.5	10.3	9.68	11.1
EV/Sales	3.7	4.31	4.16	5.03	5.3	5.22	4.2	4.05	4.17	4.06	3.91
Earnings yield	5.41%	4.96%	5.04%	3.35%	4.14%	3.92%	4.86%	—	3.99%	6.81%	5.47%
FCF yield	1.32%	-1.75%	-3.58%	-3.3%	-4.3%	-3.87%	-3.58%	-12.5%	-11.3%	-0.18%	3.02%
PEG	—	—	—	—	—	—	—	—	—	—	2.49

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	49.7%	50.4%	47%	48.4%	49.8%	48.2%	44%	40.7%	83.1%	84.7%	88.7%
Operating margin	24.1%	24.4%	20.1%	21.5%	22.3%	20.2%	17.9%	20.1%	22.7%	22.1%	23.9%
Net margin	12.4%	12.8%	12.3%	10.7%	13.6%	12.5%	11.5%	-3.65%	6.88%	12.5%	10.4%
ROE	8.74%	8.86%	8.94%	7.17%	8.53%	8.32%	9.04%	-3.03%	5.39%	10.4%	9.02%
ROA	2.96%	2.75%	2.72%	2.23%	2.63%	2.53%	2.65%	-0.78%	1.37%	2.66%	3.3%
ROIC	5.38%	4.85%	5.08%	4.97%	4.82%	4.46%	4.36%	5.85%	4.02%	5.96%	6.09%
Return on tangible assets	3.8%	3.64%	3.54%	2.84%	3.26%	3.11%	3.2%	-0.93%	1.56%	3.07%	3.12%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.68	0.69	0.56	0.67	0.64	0.56	0.62	0.67	0.76	0.65	0.8
Quick ratio	0.59	0.63	0.5	0.6	0.58	0.51	0.57	0.59	0.67	0.59	0.59
Debt / equity	0.99	1.19	1.26	1.22	1.26	1.37	1.47	1.87	1.92	1.84	1.81
Debt / assets	0.34	0.37	0.38	0.38	0.39	0.42	0.43	0.48	0.49	0.47	0.47
Net debt / EBITDA	4.03	4.68	5.01	5.19	5.56	5.77	5.39	7.48	6.07	5.28	5.16
Interest coverage	4.75	4.73	3.67	3.23	3.9	3.7	3.75	0.68	2.12	2.48	2.48
Effective tax rate	36.9%	36.8%	21.7%	23%	22.2%	21.9%	24.3%	0%	34.1%	7.62%	9.22%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	24	24.4	26.6	26.5	26.3	28.7	35.4	34.1	33.3	36.5	37.3
EPS (basic)	2.97	3.11	3.25	2.83	3.56	3.55	4.05	-1.27	2.27	4.56	4.56
EPS (diluted)	2.96	3.11	3.25	2.81	3.55	3.54	4.05	-1.27	2.27	4.56	3.85
Book value per share	34.2	35.4	36.7	39.8	42	42.9	45.1	41	42.5	44.1	43.4
FCF per share	0.73	-1.11	-2.33	-2.81	-3.72	-3.52	-3	-7.7	-6.49	-0.12	0.63
Cash per share	0.1	0.12	0.34	0.05	0.31	0.19	1.08	0.15	0.07	0.36	4.83
Capex per share	6.22	7.4	7.49	9.06	8.36	9.23	9.93	12.4	12.5	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	25.9%	30.3%	28.1%	34.1%	31.8%	32.2%	28%	36.4%	37.6%	—	—
Capex / operating cash flow	94.2%	119%	130.2%	166.6%	171.2%	167.6%	126.9%	-1K%	304.3%	—	—
Payout ratio	60.2%	61.2%	62.2%	73.2%	62%	66.2%	61.4%	-213.1%	123.2%	64.7%	80%
Dividend yield	3.26%	3.04%	3.14%	2.45%	2.57%	2.6%	2.98%	4.29%	4.91%	4.41%	4.41%

Yield

4.41%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.788

ex-dividend Sep 21, 2026

Payout ratio

80%

of earnings

Dividend growth

26 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 21, 2026	$0.788
May 18, 2026	$0.788
Mar 5, 2026	$0.788

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$2.8B	$2.7B	$3.3B	$2.5B	$3.1B	$3B	$4.1B	$2.8B	$3.2B	$3.4B	$4.5B	—
YoY change	-13.2%	-11.1%	-12.2%	-3.64%	+9.73%	+10.3%	+23.6%	+12%	+5.14%	+13.4%	+9.37%	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	30.3M	38.2M	108.1M	15.4M	106.6M	66.8M	374.6M	53.9M	26.7M	135.4M
Receivables	847.3M	925.1M	994.1M	989.4M	1.2B	1.2B	1.5B	1.4B	1.7B	1.8B
Inventory	328.7M	223.1M	238M	235.5M	265.6M	267.5M	374.4M	507.3M	594.6M	491.6M
Total current assets	2.5B	2.5B	2.3B	2.4B	3.1B	3.3B	4.2B	4.2B	5.1B	5.1B
Property, plant & equipment	-5.1B	-4.9B	-5B	-5.1B	-5.8B	-6B	-5.7B	-5.5B	-5.4B	-6.5B
Goodwill & intangibles	7B	8.9B	8.9B	8.9B	8.9B	9B	9B	9.1B	7.1B	8.5B
Total assets	32.1B	36.2B	38.2B	41.1B	46.1B	48.5B	53.2B	55.6B	59.6B	63.8B
Accounts payable	884.5M	1.1B	1.1B	1.1B	1.4B	1.7B	2.1B	1.9B	1.7B	1.9B
Short-term debt	1.9B	1.6B	1.8B	1.3B	2.3B	2.7B	2.8B	2.8B	3.1B	3B
Total current liabilities	3.6B	3.6B	4.1B	3.6B	4.9B	5.8B	6.8B	6.3B	6.7B	7.8B
Long-term debt	8.8B	11.8B	12.8B	14.3B	15.6B	17.5B	20.1B	24B	26B	27.2B
Total liabilities	21.2B	25B	26.6B	28.3B	31.9B	33.7B	37.6B	41.3B	44.4B	47.4B
Shareholders' equity	10.9B	11.2B	11.6B	12.8B	14.2B	14.8B	15.6B	14.3B	15.2B	16.4B
Total debt	10.8B	13.4B	14.6B	15.6B	18B	20.2B	22.9B	26.8B	29.1B	30.1B
Net debt	10.7B	13.4B	14.5B	15.6B	17.9B	20.2B	22.6B	26.7B	29.1B	30B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26
Cash & short-term investments	42.2M	78.8M	53.9M	259.2M	33.4M	97.9M	26.7M	111.4M	343.7M	259.3M	135.4M	270.2M
Receivables	1.3B	1.4B	1.4B	1.6B	1.5B	1.6B	1.7B	1.9B	1.7B	1.7B	1.8B	2.1B
Inventory	405.8M	445.8M	507.3M	555.2M	532.4M	564.2M	594.6M	604.6M	549.2M	528.1M	491.6M	489.4M
Total current assets	3.7B	4B	4.2B	4.9B	4.7B	4.8B	5.1B	4.9B	4.9B	4.9B	5.1B	5.3B
Property, plant & equipment	-5.5B	-5.1B	-5.5B	-5.6B	-5.8B	-5.6B	-5.4B	-5.5B	-5.5B	-5.5B	-6.5B	-6.5B
Goodwill & intangibles	9B	9.1B	9.1B	9.1B	9.1B	9.1B	7.1B	7.1B	7.1B	7.1B	8.5B	8.5B
Total assets	54.5B	56.3B	55.6B	57.3B	58.4B	58.6B	59.6B	60.2B	61B	61.7B	63.8B	64.7B
Accounts payable	1.5B	1.6B	1.9B	1.7B	1.8B	1.6B	1.7B	1.5B	1.5B	1.5B	1.9B	1.7B
Short-term debt	2.7B	3.6B	2.8B	3B	2.8B	2.2B	3.1B	2.9B	3.3B	2.7B	3B	3.2B
Total current liabilities	5.8B	7.1B	6.3B	6.4B	6.3B	5.6B	6.7B	6.5B	6.9B	6.8B	7.8B	8.2B
Long-term debt	22.2B	22.5B	24B	25.3B	26.2B	26.3B	26B	26.6B	26.5B	27.1B	27.2B	27.1B
Total liabilities	38.8B	40.5B	41.3B	42.6B	43.4B	43.4B	44.4B	44.7B	45.1B	45.5B	47.4B	48B
Shareholders' equity	15.7B	15.8B	14.3B	14.7B	15B	15.2B	15.2B	15.5B	15.8B	16.2B	16.4B	16.7B
Total debt	24.8B	26.1B	26.8B	28.3B	29B	28.5B	29.1B	29.4B	29.8B	29.8B	30.1B	30.3B
Net debt	24.8B	26B	26.7B	28B	28.9B	28.4B	29.1B	29.3B	29.4B	29.6B	30B	30.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	949.8M	995.5M	1B	916.6M	1.2B	1.2B	1.4B	-434.7M	819.2M	1.7B
Depreciation & amortization	787.2M	863.8M	1.1B	1.1B	1.2B	1.3B	1.6B	815.7M	1.8B	2.4B
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	99.2M	73.5M	-107.3M	-119.7M	-225.9M	-273.5M	-120.2M	-441.9M	-310.5M	-55M
Operating cash flow	2.1B	2B	1.8B	1.7B	1.7B	1.9B	2.7B	-430.1M	1.5B	4.1B
Capital expenditure	-2B	-2.3B	-2.4B	-2.9B	-2.8B	-3.2B	-3.4B	-4.3B	-4.5B	—
Investing cash flow	-2.2B	-3.2B	-2.4B	-3.3B	-4.1B	-3.4B	-4.1B	-4.9B	-4.5B	-147.5M
Dividends paid	-572M	-609.6M	-647.6M	-670.8M	-752.2M	-813M	-867.6M	-926.5M	-1B	-1.1B
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-17.9M	1.3B	729.9M	1.2B	2.6B	1.4B	2B	2.9B	2.3B	311.5M
Net change in cash	-70.6M	13.2M	117.9M	-353.9M	119.6M	-112.4M	612.1M	-2.4B	-726.6M	4.3B
Free cash flow	231.4M	-351.9M	-739.4M	-901.9M	-1.3B	-1.2B	-1B	-2.7B	-2.3B	-45.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26
Net income	17.3M	341.5M	-1.3B	523.7M	337.2M	-116.2M	74.4M	552.7M	354.6M	369.4M	423.2M	608.7M
Depreciation & amortization	101.6M	185.5M	291.7M	337.6M	240.5M	610.1M	588.2M	835M	494.7M	503.6M	571.1M	823.2M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	99.5M	121.7M	-139.8M	-376.8M	209.6M	-295.1M	151.8M	-327.8M	283.6M	-268.7M	257.9M	-304.8M
Operating cash flow	199.2M	539.6M	-1.3B	308.3M	689.5M	110.5M	364M	1.1B	1.1B	1.1B	916.1M	1.3B
Capital expenditure	-1.1B	-1.1B	-1.2B	-1.1B	-1.1B	-1.1B	-1.2B	-1B	—	—	—	—
Investing cash flow	-1.3B	-1.6B	-911.8M	-1.4B	-1.5B	-392.5M	-1.2B	-999.2M	-61.9M	-63.6M	-30.1M	-140.6M
Dividends paid	-231.4M	-231.8M	-232M	-246.7M	-248M	-256.2M	-258.1M	-272.1M	-272.5M	-277.4M	-278.5M	-291.9M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	536.5M	954.7M	420.3M	1.3B	801.8M	-92.9M	1.8B	31.9M	-268.9M	18.9M	502.1M	-82.8M
Net change in cash	-610.4M	-67M	-1.8B	210.9M	7.1M	-374.9M	924.7M	92.1M	726.5M	1.1B	1.4B	1.1B
Free cash flow	-484.2M	-564.2M	-734.2M	-858.1M	-400.8M	-515.4M	-546.5M	33.2M	15.3M	-26.3M	-67.3M	315M

Eversource Energy Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history