Eversource Energy (ES)

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company also operates regulated water utilities that provides water services to residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy was incorporated in 1927 and is headquartered in Springfield, Massachusetts.

Symbol: ES
Exchange: NYSE
Sector: Utilities
Industry: Utilities - Regulated Electric
Market cap: $24.29B
52 week range: 62.72 - 76.57

Valuation

Share price: $64.50 (close of 2026-10-02)
P/E (TTM): 16.75x
Price to book: 1.49x
Price to free cash flow: 81.59x
Enterprise value: $51.58B
Book value per share: $43.39

Price performance

Period	Change
1 day	+0.30%
5 days	+1.30%
1 month	-8.43%
3 months	-13.35%
6 months	-7.15%
Year to date	-4.20%
1 year	-10.15%
3 years	+15.74%
5 years	-21.19%
10 years	+19.05%
All time	+316.13%

Members of Congress who disclosed ES trades

Julie Johnson · Robert Bresnahan · Val Hoyle

Super investors holding ES

Ray Dalio (Bridgewater Associates) · Ken Griffin (Citadel) · George Soros (Soros Fund Mgmt)

Profitability and growth

Return on equity: 10.49%
Return on invested capital: 6.17%
Return on assets: 2.66%
Return on capital employed: 5.34%
Gross margin: 22.06%
Net margin: 12.55%
EBITDA margin: 39.81%
Revenue growth: 13.83%
Net income growth: 107.51%
Free cash flow growth: 98.06%

Cash flow and balance sheet

Free cash flow yield (TTM): 1.23%
Current ratio: 0.80x
Net debt to EBITDA: 5.10x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $13.55B
Cost of revenue: $10.56B
Gross profit: $2.99B
EBITDA: $5.39B
Net income: $1.70B
Earnings per share: $4.56
Shares outstanding: 370.85M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$13.55B	$2.99B	$1.70B	$4.56
2024-12-31	$11.90B	$2.41B	$819.17M	$2.27
2023-12-31	$11.91B	$2.40B	-$434.70M	$-1.27
2022-12-31	$12.29B	$2.20B	$1.41B	$4.05
2021-12-31	$9.86B	$1.99B	$1.23B	$3.55
2020-12-31	$8.90B	$1.99B	$1.21B	$3.56
2019-12-31	$8.53B	$1.59B	$916.57M	$2.83
2018-12-31	$8.45B	$1.70B	$1.04B	$3.25
2017-12-31	$7.75B	$1.89B	$995.51M	$3.11
2016-12-31	$7.64B	$1.84B	$949.82M	$2.97

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	22.06%	12.55%	10.49%	6.17%
2024-12-31	20.24%	6.88%	5.45%	4.50%
2023-12-31	20.14%	-3.65%	-3.07%	5.48%
2022-12-31	17.89%	11.49%	9.13%	4.59%
2021-12-31	20.21%	12.45%	8.41%	5.02%
2020-12-31	22.33%	13.62%	8.62%	5.46%
2019-12-31	18.65%	10.75%	7.26%	4.94%
2018-12-31	20.12%	12.32%	9.06%	5.79%
2017-12-31	24.36%	12.84%	8.98%	5.61%
2016-12-31	24.10%	12.43%	8.87%	6.37%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$135.40M	$26.87B
2024-12-31	$26.70M	$25.70B
2023-12-31	$53.90M	$23.59B
2022-12-31	$374.60M	$19.72B
2021-12-31	$66.80M	$17.02B
2020-12-31	$264.95M	$15.13B
2019-12-31	$117.06M	$13.77B
2018-12-31	$209.32M	$12.25B
2017-12-31	$85.89M	$11.78B
2016-12-31	$106.75M	$8.83B

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	-$45.10M	$33.60M
2024-12-31	-$2.32B	$30.00M
2023-12-31	-$2.69B	$27.80M
2022-12-31	-$1.04B	$33.40M
2021-12-31	-$1.21B	$28.20M
2020-12-31	-$1.26B	$33.90M
2019-12-31	-$901.91M	$27.30M
2018-12-31	-$739.39M	$21.40M
2017-12-31	-$351.90M	$19.70M
2016-12-31	$231.38M	$23.60M

Dividend history

Most recent payment: 2026-09-21
Paid in the last twelve months: $3.12

Payment date	Dividend per share
2026-09-21	$0.79
2026-05-18	$0.79
2026-03-05	$0.79
2025-12-17	$0.75
2025-09-22	$0.75
2025-05-15	$0.75
2025-03-04	$0.75
2024-12-18	$0.71

Investor relations

Next earnings report

Next confirmed report: 2026-11-03
Consensus EPS estimate: $1.02

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-07-30	Jun/2026	$0.88
2026-05-06	Mar/2026	$1.59
2026-02-12	Dec/2025	$1.11
2025-11-04	Sep/2025	$1.12
2025-07-31	Jun/2025	$0.95
2025-05-01	Mar/2025	$1.50
2025-02-11	Dec/2024	$0.99
2024-11-04	Sep/2024	$1.04

Filings and sources

Company website: eversource.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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