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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Eversource Energy (ES) Quarterly Financial Ratios

Last 47 quarters of trend data · Utilities · Regulated Electric

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Eversource Energy's quarterly P/E stands at 18.0x. EV/EBITDA has expanded 8.6% YoY to 11.8x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →33.5717.9616.5710.3571.79—14.9210.03—14.99402.0413.9822.78
——+11.0%+3.2%——-96.3%-28.2%—-23.1%+1499.2%-18.9%-10.9%
P/S Ratio2.402.062.071.391.772.001.981.572.001.822.361.802.42
—+3.0%+4.5%-11.9%-11.5%+9.6%-16.1%-12.7%-17.1%-13.6%-17.0%-17.9%-23.6%
P/B Ratio1.791.641.481.471.391.611.341.431.511.281.581.721.87
—+1.7%+10.8%+3.3%-8.0%+25.3%-15.2%-17.0%-19.6%-26.9%-17.9%-15.4%-11.9%
P/FCF——383.71171.90—————————
—————————————
EV / EBITDA12.8711.7511.427.4010.1710.8214.5210.3514.2016.1918.7212.9615.05
—+8.6%-21.3%-28.5%-28.4%-33.2%-22.4%-20.1%-5.7%+28.5%+21.3%+20.1%-3.4%
EV / EBIT21.3228.5717.4412.8028.5350.6917.0513.08—19.0148.7015.2421.14
—-43.6%+2.3%-2.1%—+166.6%-65.0%-14.2%—+0.6%+111.3%-12.7%-16.4%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Eversource Energy's operating margin was 21.4% in Q3 2025, down 2.0 pp QoQ and up 1.4 pp YoY. Gross margin expanded 79.3% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin31.1%51.3%54.7%55.6%30.4%28.6%33.2%49.0%46.2%40.2%39.6%37.9%41.2%
—+79.3%+64.5%+13.5%-34.3%-28.8%-16.1%+29.4%+12.3%-5.9%-13.7%-18.3%-12.3%
Operating Margin22.7%21.4%23.4%22.5%21.7%20.0%23.8%25.4%20.7%19.0%21.3%19.7%17.2%
—+7.0%-1.8%-11.4%+4.7%+5.2%+11.5%+28.5%+20.3%+9.7%+20.4%+3.4%-9.5%
Net Margin6.8%11.4%12.4%13.4%2.4%-3.9%13.2%15.7%-47.8%12.2%0.6%12.9%10.6%
—+396.1%-6.1%-14.6%+105.1%-131.7%+2156.8%+21.0%-552.6%+12.0%-94.8%+1.3%-14.5%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE5.5%2.3%2.3%3.6%0.5%-0.8%2.3%3.6%-8.5%2.2%0.1%3.1%2.1%
—+393.5%-0.3%-0.2%+105.6%-136.3%+2215.8%+15.4%-514.4%-5.6%-94.9%+4.5%-1.5%
ROA1.4%0.6%0.6%0.9%0.1%-0.2%0.6%0.9%-2.3%0.6%0.0%0.9%0.6%
—+396.8%+0.4%-0.5%+105.3%-132.9%+1941.5%+1.0%-477.0%-11.0%-95.2%+0.9%-3.9%
ROIC4.8%1.1%1.1%1.6%1.1%1.0%1.0%1.5%1.0%1.0%1.0%1.4%1.0%
—+8.2%+5.8%+2.9%+8.8%+8.6%-0.6%+4.9%-2.7%-14.6%+11.2%+2.7%+0.8%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Eversource Energy's Debt/EBITDA ratio is 25.0x — elevated, raising questions about debt serviceability. The current ratio has weakened 16.9% YoY to 0.71x, tightening the short-term liquidity position. Debt/Equity has declined for 4 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity1.921.841.881.901.921.881.931.921.871.651.581.501.47
—-1.8%-2.7%-1.3%+2.6%+14.0%+22.4%+28.6%+27.2%+14.0%+12.2%+7.5%+7.1%
Debt / EBITDA6.5025.0225.7216.7123.6123.3534.3523.9031.4736.4537.4824.1326.64
—+7.2%-25.1%-30.1%-25.0%-35.9%-8.4%-1.0%+18.1%+58.7%+43.5%+37.5%+8.9%
Current Ratio0.760.710.710.750.760.860.750.770.670.560.640.650.62
—-16.9%-4.6%-1.7%+12.7%+52.7%+16.3%+18.7%+7.9%-21.2%-16.3%+4.1%+11.1%
Quick Ratio0.670.640.630.660.670.760.660.680.590.500.570.580.57
—-16.1%-4.4%-2.7%+13.0%+51.8%+15.7%+17.2%+4.2%-23.7%-18.9%+1.9%+10.2%
Interest Coverage2.432.172.263.082.232.042.223.372.412.392.703.852.80
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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Frequently Asked Questions

What is Eversource Energy's quarterly P/E ratio trend?

Eversource Energy's current P/E is 33.6x. The average P/E over the last 4 quarters is 29.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Eversource Energy's margins change by quarter?

Eversource Energy's current operating margin is 22.7%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at ES quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Eversource Energy's business trajectory between earnings reports.

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