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Eversource Energy (ES) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Eversource Energy (ES) stock price & volume — 10-year historical chart
Eversource Energy (ES) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Eversource Energy (ES) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 12, 2026 | $1.12vs $1.10+1.8% | $3.4Bvs $2.7B+24.2% |
| Q4 2025 | Nov 4, 2025 | $1.19vs $1.15+3.5% | $3.2Bvs $3.2B+1.7% |
| Q3 2025 | Jul 31, 2025 | $0.96vs $0.95+0.5% | $2.8Bvs $2.9B-3.2% |
| Q2 2025 | May 1, 2025 | $1.50vs $1.51-0.7% | $4.1Bvs $3.7B+11.9% |
Eversource Energy (ES) competitors in Electric and gas combination utilities — business model, growth, and fundamentals comparison
Eversource Energy (ES) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Eversource Energy (ES) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.75B | 8.45B | 8.53B | 8.9B | 9.86B | 12.29B | 11.91B | 11.9B | 13.55B |
| Revenue Growth % | 1.48% | 8.98% | 0.93% | 4.43% | 10.77% | 24.6% | -3.08% | -0.08% | 13.83% |
| Cost of Revenue | 3.81B | 4.47B | 4.4B | 4.47B | 5.11B | 6.88B | 7.06B | 8.2B | 9.47B |
| Gross Profit | 3.94B▲ 0% | 3.97B▲ 0.9% | 4.12B▲ 3.8% | 4.44B▲ 7.6% | 4.75B▲ 7.1% | 5.41B▲ 13.9% | 4.85B▼ 10.4% | 3.7B▼ 23.6% | 4.08B▲ 10.2% |
| Gross Margin % | 50.82% | 47.04% | 48.36% | 49.82% | 48.17% | 44.02% | 40.69% | 31.12% | 30.13% |
| Gross Profit Growth % | 3.27% | 0.88% | 3.75% | 7.59% | 7.09% | 13.87% | -10.41% | -23.59% | 10.2% |
| Operating Expenses | 2.02B | 2.27B | 2.53B | 2.45B | 2.76B | 3.21B | 2.45B | 997.9M | 1.09B |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| EBITDA | 2.78B | 2.77B | 2.67B | 3.15B | 3.33B | 3.84B | 3.22B | 4.48B | 5.39B |
| EBITDA Margin % | 35.89% | 32.81% | 31.33% | 35.35% | 33.74% | 31.26% | 26.99% | 37.66% | 39.81% |
| EBITDA Growth % | 5.1% | -0.36% | -3.63% | 17.84% | 5.73% | 15.41% | -16.3% | 39.41% | 20.33% |
| Depreciation & Amortization | 863.79M | 1.07B | 1.08B | 1.16B | 1.33B | 1.64B | 815.72M | 1.78B | 2.4B |
| D&A / Revenue % | 11.14% | 12.69% | 12.67% | 13.02% | 13.54% | 13.37% | 6.85% | 14.93% | 17.75% |
| Operating Income (EBIT) | 1.92B▲ 0% | 1.7B▼ 11.4% | 1.59B▼ 6.4% | 1.99B▲ 25.0% | 1.99B▲ 0.2% | 2.2B▲ 10.3% | 2.4B▲ 9.2% | 2.71B▲ 12.8% | 2.99B▲ 10.5% |
| Operating Margin % | 24.74% | 20.12% | 18.65% | 22.33% | 20.21% | 17.89% | 20.14% | 22.74% | 22.06% |
| Operating Income Growth % | 3.13% | -11.38% | -6.44% | 25.04% | 0.23% | 10.28% | 9.15% | 12.77% | 10.45% |
| Interest Expense | 421.75M | 498.81M | 533.2M | 538.45M | 582.33M | 678.27M | 855.44M | 1.11B | 1.24B |
| Interest Coverage | 4.73x | 3.67x | 3.23x | 3.90x | 3.70x | 3.75x | 0.68x | 2.12x | 2.40x |
| Interest / Revenue % | 5.44% | 5.9% | 6.25% | 6.05% | 5.9% | 5.52% | 7.18% | 9.34% | 9.18% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 1.57B▲ 0% | 1.33B▼ 15.6% | 1.19B▼ 10.5% | 1.56B▲ 31.0% | 1.57B▲ 0.9% | 1.87B▲ 18.7% | -275.04M▼ 114.7% | 1.24B▲ 552.2% | 1.84B▲ 47.9% |
| Pretax Margin % | 20.31% | 15.74% | 13.96% | 17.51% | 15.94% | 15.18% | -2.31% | 10.45% | 13.58% |
| Income Tax | 578.89M | 288.97M | 273.5M | 346.19M | 344.22M | 453.57M | 159.68M | 424.66M | 140.29M |
| Effective Tax Rate % | 36.77% | 21.74% | 22.98% | 22.21% | 21.89% | 24.31% | -58.06% | 34.14% | 7.62% |
| Net Income | 988M▲ 0% | 1.03B▲ 4.6% | 909.05M▼ 12.0% | 1.21B▲ 32.6% | 1.22B▲ 1.3% | 1.4B▲ 15.1% | -442.24M▼ 131.5% | 811.65M▲ 283.5% | 1.69B▲ 108.5% |
| Net Margin % | 12.75% | 12.23% | 10.66% | 13.53% | 12.37% | 11.43% | -3.71% | 6.82% | 12.49% |
| Net Income Growth % | 4.85% | 4.56% | -12% | 32.57% | 1.27% | 15.1% | -131.48% | 283.53% | 108.51% |
| EPS (Diluted) | 3.11▲ 0% | 3.25▲ 4.5% | 2.81▼ 13.5% | 3.55▲ 26.3% | 3.54▼ 0.3% | 4.05▲ 14.4% | -1.27▼ 131.4% | 2.27▲ 278.7% | 4.56▲ 100.9% |
| EPS Growth % | 5.07% | 4.5% | -13.54% | 26.33% | -0.28% | 14.41% | -131.36% | 278.74% | 100.88% |
| EPS (Basic) | 3.11 | 3.25 | 2.83 | 3.56 | 3.55 | 4.05 | -1.27 | 2.27 | 4.56 |
| Diluted Shares Outstanding | 318.03M | 317.99M | 322.94M | 339.85M | 344.63M | 347.25M | 349.58M | 357.48M | 371.26M |
Eversource Energy (ES) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 36.22B | 38.24B | 41.12B | 46.1B | 48.49B | 53.23B | 55.61B | 59.59B | 63.79B |
| Asset Growth % | 13% | 5.58% | 7.54% | 12.1% | 5.19% | 9.77% | 4.47% | 7.16% | 7.03% |
| PP&E (Net) | 23.62B | 25.61B | 27.59B | 30.88B | 33.38B | 36.11B | 39.5B | 40.99B | 45.98B |
| PP&E / Total Assets % | 65.2% | 66.97% | 67.08% | 66.99% | 68.83% | 67.84% | 71.03% | 68.78% | 72.08% |
| Total Current Assets | 2.49B | 2.29B | 2.41B | 3.13B | 3.27B | 4.22B | 4.25B | 5.08B | 5.08B |
| Cash & Equivalents | 38.16M | 108.07M | 15.43M | 106.6M | 66.77M | 374.6M | 53.87M | 26.66M | 135.35M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 223.06M | 238M | 235.5M | 265.6M | 267.5M | 374.4M | 507.3M | 594.6M | 491.59M |
| Other Current Assets | 961.42M | 514.82M | 651.08M | 1.08B | 1.13B | 1.72B | 2.03B | 2.56B | 2.33B |
| Long-Term Investments | 585.42M | 881.79M | 1.32B | 1.56B | 1.9B | 2.54B | 998.29M | 488.92M | 486.5M |
| Goodwill | 4.43B | 4.43B | 4.43B | 4.45B | 4.48B | 4.52B | 4.53B | 3.57B | 4.23B |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 5.1B | 5.03B | 5.38B | 6.08B | 5.47B | 5.83B | 6.34B | 9.47B | 8.01B |
| Total Liabilities | 24.98B | 26.6B | 28.34B | 31.88B | 33.74B | 37.6B | 41.28B | 44.4B | 47.43B |
| Total Debt | 13.41B | 14.63B | 15.57B | 18.09B | 20.22B | 22.94B | 26.75B | 29.11B | 30.28B |
| Net Debt | 13.38B | 14.52B | 15.56B | 17.98B | 20.15B | 22.57B | 26.7B | 29.09B | 30.15B |
| Long-Term Debt | 11.78B | 12.83B | 14.31B | 15.62B | 17.48B | 20.13B | 23.96B | 26.03B | 27.19B |
| Short-Term Borrowings | 1.64B | 1.8B | 1.26B | 2.35B | 2.74B | 2.81B | 2.8B | 3.09B | 3B |
| Capital Lease Obligations | 0 | 0 | 0 | 117.8M | 0 | 0 | 111.3M | 0 | 94.6M |
| Total Current Liabilities | 3.59B | 4.11B | 3.61B | 4.92B | 5.85B | 6.8B | 6.34B | 6.72B | 7.81B |
| Accounts Payable | 1.09B | 1.12B | 1.15B | 1.37B | 1.67B | 2.11B | 1.87B | 1.74B | 1.86B |
| Accrued Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 341.56M | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 866.29M | 1.19B | 1.2B | 1.18B | 1.43B | 1.88B | 1.67B | 1.55B | 2.95B |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Liabilities | 6.32B | 6.15B | 6.67B | 7.14B | 5.82B | 5.6B | 5.57B | 6.24B | 6.69B |
| Total Equity | 11.24B▲ 0% | 11.64B▲ 3.6% | 12.79B▲ 9.8% | 14.22B▲ 11.2% | 14.76B▲ 3.8% | 15.63B▲ 5.9% | 14.33B▼ 8.3% | 15.19B▲ 6.0% | 16.35B▲ 7.6% |
| Equity Growth % | 3.45% | 3.56% | 9.82% | 11.21% | 3.77% | 5.92% | -8.31% | 6.04% | 7.62% |
| Shareholders Equity | 11.09B | 11.49B | 12.63B | 14.06B | 14.6B | 15.47B | 14.17B | 15.04B | 16.2B |
| Minority Interest | 155.57M | 155.57M | 155.57M | 155.57M | 155.57M | 155.57M | 155.57M | 155.57M | 155.57M |
| Common Stock | 1.67B | 1.67B | 1.73B | 1.79B | 1.79B | 1.8B | 1.8B | 1.88B | 1.91B |
| Additional Paid-in Capital | 6.24B | 6.24B | 7.09B | 8.02B | 8.1B | 8.4B | 8.46B | 9.43B | 9.94B |
| Retained Earnings | 3.56B | 3.95B | 4.18B | 4.61B | 5.01B | 5.53B | 4.14B | 3.93B | 4.5B |
| Accumulated OCI | -66.4M | -60M | -65.06M | -76.41M | -42.27M | -39.42M | -33.74M | -26.47M | -20.51M |
| Return on Assets (ROA) | 2.89% | 2.77% | 2.29% | 2.76% | 2.58% | 2.76% | -0.81% | 1.41% | 2.74% |
| Return on Equity (ROE) | 8.94% | 9.03% | 7.44% | 8.93% | 8.42% | 9.25% | -2.95% | 5.5% | 10.73% |
| Debt / Equity | 1.19x | 1.26x | 1.22x | 1.27x | 1.37x | 1.47x | 1.87x | 1.92x | 1.85x |
| Debt / Assets | 37.03% | 38.26% | 37.86% | 39.23% | 41.7% | 43.1% | 48.11% | 48.85% | 47.47% |
| Net Debt / EBITDA | 4.81x | 5.24x | 5.82x | 5.71x | 6.05x | 5.87x | 8.30x | 6.49x | 5.59x |
| Book Value per Share | 35.35 | 36.61 | 39.59 | 41.84 | 42.82 | 45.01 | 40.99 | 42.51 | 44.05 |
Eversource Energy (ES) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 2B | 1.78B | 2.01B | 1.68B | 1.96B | 2.4B | 1.65B | 2.16B | 4.11B |
| Operating CF Growth % | -7.82% | -11.02% | 12.65% | -16.27% | 16.64% | 22.35% | -31.45% | 31.2% | 90.47% |
| Operating CF / Revenue % | 25.86% | 21.12% | 23.57% | 18.9% | 19.9% | 19.54% | 13.82% | 18.15% | 30.36% |
| Net Income | 995.51M | 1.03B | 909.05M | 1.21B | 1.22B | 1.41B | -442.24M | 819.17M | 1.69B |
| Depreciation & Amortization | 773.8M | 1.07B | 1.08B | 1.16B | 1.33B | 1.64B | 815.72M | 1.78B | 2.4B |
| Deferred Taxes | 491.63M | 174.81M | 209.81M | 257.15M | 347.06M | 346.78M | 85.41M | 435.89M | 27.31M |
| Other Non-Cash Items | -346.42M | -341.9M | -70.29M | -728.36M | -668.34M | -914.26M | 1.6B | -561.18M | 44.36M |
| Working Capital Changes | 70.71M | -153.89M | -119.66M | -210.45M | -271.62M | -120.16M | -441.88M | -310.51M | -54.96M |
| Capital Expenditures | -2.35B | -2.52B | -2.91B | -2.94B | -3.18B | -3.44B | -4.34B | -4.48B | -4.16B |
| CapEx / Revenue % | 30.29% | 29.87% | 34.15% | 33.05% | 32.19% | 28.01% | 36.41% | 37.65% | 30.7% |
| CapEx / D&A | 3.03x | 2.35x | 2.69x | 2.54x | 2.38x | 2.09x | 5.32x | 2.52x | 1.73x |
| CapEx Coverage (OCF/CapEx) | 0.85x | 0.71x | 0.69x | 0.57x | 0.62x | 0.70x | 0.38x | 0.48x | 0.99x |
| Cash from Investing | -3.21B | -2.39B | -3.27B | -4.13B | -3.45B | -4.13B | -4.87B | -4.54B | -4.31B |
| Acquisitions | -877.65M | 193.92M | -416.34M | -239.67M | -327.38M | -742.5M | -589.81M | -66.97M | 0 |
| Purchase of Investments | -843.14M | -1.11B | -537.26M | -401.82M | -414.98M | -424.17M | -336.78M | -242.96M | -416.78M |
| Sale of Investments | 832.9M | 1.05B | 566.59M | 434.12M | 447.89M | 457.61M | 395.6M | 268.16M | 439.31M |
| Other Investing | 25.52M | 6.75M | 24.2M | -978.91M | 22.18M | 20.42M | -2.9M | -13.37M | -170.02M |
| Cash from Financing | 1.21B | 729.94M | 1.17B | 2.59B | 1.44B | 2.03B | 2.87B | 2.34B | 311.53M |
| Dividends Paid | -609.6M | -647.63M | -670.76M | -752.18M | -812.96M | -867.55M | -926.51M | -1.01B | -1.1B |
| Dividend Payout Ratio % | 60.94% | 61.97% | 72.96% | 61.79% | 65.99% | 61.22% | - | 123.39% | 64.59% |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Stock Issued | 0 | 0 | 852.25M | 928.99M | 0 | 197.06M | 0 | 989.45M | 465.39M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -4.75M | -28.46M | -1.01M | 14.27M | -46.63M | -48.19M | -46.47M | -57.08M | -34.73M |
| Net Change in Cash | 7.91M▲ 0% | 123.43M▲ 1459.7% | -92.26M▼ 174.7% | 147.89M▲ 260.3% | -43.94M▼ 129.7% | 300.74M▲ 784.4% | -355.33M▼ 218.2% | -39.11M▲ 89.0% | 108.69M▲ 377.9% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10.24M |
| Cash at Beginning | 30.25M | 85.89M | 209.32M | 117.06M | 264.95M | 221.01M | 521.75M | 166.42M | 26.66M |
| Cash at End | 38.16M | 209.32M | 117.06M | 264.95M | 221.01M | 521.75M | 166.42M | 127.31M | 135.35M |
| Free Cash Flow | -343.17M▲ 0% | -739.39M▼ 115.5% | -901.91M▼ 22.0% | -1.26B▼ 39.8% | -1.21B▲ 3.8% | -1.04B▲ 14.2% | -2.69B▼ 158.6% | -2.32B▲ 13.7% | -45.1M▲ 98.1% |
| FCF Growth % | -273.16% | -115.46% | -21.98% | -39.75% | 3.8% | 14.18% | -158.58% | 13.75% | 98.06% |
| FCF Margin % | -4.43% | -8.75% | -10.58% | -14.16% | -12.29% | -8.47% | -22.59% | -19.5% | -0.33% |
| FCF / Net Income % | -34.73% | -71.58% | -99.21% | -104.59% | -99.34% | -74.07% | 608.42% | -285.93% | -2.66% |
Eversource Energy (ES) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 8.82% | 8.94% | 9.03% | 7.44% | 8.93% | 8.42% | 9.25% | -2.95% | 5.5% | 10.73% |
| EBITDA Margin | 34.65% | 35.89% | 32.81% | 31.33% | 35.35% | 33.74% | 31.26% | 26.99% | 37.66% | 39.81% |
| Net Debt / EBITDA | 4.05x | 4.81x | 5.24x | 5.82x | 5.71x | 6.05x | 5.87x | 8.30x | 6.49x | 5.59x |
| Interest Coverage | 4.75x | 4.73x | 3.67x | 3.23x | 3.90x | 3.70x | 3.75x | 0.68x | 2.12x | 2.40x |
| CapEx / Revenue | 25.88% | 30.29% | 29.87% | 34.15% | 33.05% | 32.19% | 28.01% | 36.41% | 37.65% | 30.7% |
| Dividend Payout Ratio | 59.9% | 60.94% | 61.97% | 72.96% | 61.79% | 65.99% | 61.22% | - | 123.39% | 64.59% |
| Debt / Equity | 0.99x | 1.19x | 1.26x | 1.22x | 1.27x | 1.37x | 1.47x | 1.87x | 1.92x | 1.85x |
| EPS Growth | 7.25% | 5.07% | 4.5% | -13.54% | 26.33% | -0.28% | 14.41% | -131.36% | 278.74% | 100.88% |
Eversource Energy (ES) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 6, 2026·SEC
Mar 31, 2026·SEC
Feb 26, 2026·SEC
Eversource Energy (ES) stock FAQ — growth, dividends, profitability & financials explained
Eversource Energy (ES) reported $13.55B in revenue for fiscal year 2025. This represents a 257% increase from $3.79B in 1996.
Eversource Energy (ES) grew revenue by 13.8% over the past year. This is steady growth.
Yes, Eversource Energy (ES) is profitable, generating $1.69B in net income for fiscal year 2025 (12.5% net margin).
Yes, Eversource Energy (ES) pays a dividend with a yield of 4.30%. This makes it attractive for income-focused investors.
Eversource Energy (ES) has a return on equity (ROE) of 10.7%. This is reasonable for most industries.
Eversource Energy (ES) had negative free cash flow of $45.1M in fiscal year 2025, likely due to heavy capital investments.
Eversource Energy (ES) has a dividend payout ratio of 65%. This suggests the dividend is well-covered and sustainable.
Eversource Energy (ES) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates