EVERSOURCE ENERGY
ES· NYSE· Electric Services
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- -0.3%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +8.8%
We record prices for the companies we cover; ES is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 371.3M
- Revenue
- $13.5B
- Free cash flow
- -$45.1M
- Owner earnings
- -$78.7M
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 22.1%
- Net
- –
- Free cash flow
- -0.3%
- Owner earnings
- -0.6%
- Stock pay
- 0.2%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- –
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- 3.3%
- Revenue, 5 yr
- 8.8%
- Revenue, 9 yr
- 6.6%
- Diluted EPS, 3 yr
- 4.0%
- Diluted EPS, 5 yr
- 5.1%
- Diluted EPS, 9 yr
- 4.9%
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
- Free cash flow, 9 yr
- –
Financial health · FY2025
- Cash and investments
- $135.4M
- Total debt
- $28.3B
- Net debt
- $28.1B
- Debt/Equity
- 1.7x
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 1.8%
Financials: ten years from the 10-Ks
Revenue
$13.5B
+6.6% a year over 9 years
FY2016FY2025
Margins
Operating22.1%Net–
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow-$45.1MOwner earnings-$78.7M
FY2025
FY2016FY2025
Diluted shares
371.3M
+16.6% over 9 years, net dilution
FY2016FY2025
Net debt (below zero)
-$28.1B
$28.1B more debt than cash
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $7.6B | $7.8B | $8.4B | $8.5B | $8.9B | $9.9B | $12.3B | $11.9B | $11.9B | $13.5B |
| Revenue growth | -4.0% | 1.5% | 9.0% | 0.9% | 4.4% | 10.8% | 24.6% | -3.1% | -0.1% | 13.8% |
| Gross margin | – | – | – | – | – | – | – | – | – | – |
| Operating margin | 24.1% | 24.4% | 20.1% | 18.7% | 22.3% | 20.2% | 17.9% | 20.1% | 20.2% | 22.1% |
| Net income | $949.8M | $995.5M | $1.0B | $916.6M | $1.2B | $1.2B | $1.4B | -$434.7M | – | – |
| Net margin | 12.4% | 12.8% | 12.3% | 10.7% | 13.6% | 12.5% | 11.5% | -3.6% | – | – |
| Diluted EPS | $2.96 | $3.11 | $3.25 | $2.81 | $3.55 | $3.54 | $4.05 | $-1.26 | $2.27 | $4.56 |
| Return on invested capital? | – | – | – | – | – | – | – | – | – | – |
| Cash | ||||||||||
| Operating cash flow | $2.2B | $2.0B | $1.8B | $2.0B | $1.7B | $2.0B | $2.4B | $1.6B | $2.2B | $4.1B |
| Capital expenditure | $2.0B | $2.3B | $2.6B | $2.9B | $2.9B | $3.2B | $3.4B | $4.3B | $4.5B | $4.2B |
| Free cash flow | $231.4M | -$351.9M | -$739.4M | -$901.9M | -$1.3B | -$1.2B | -$1.0B | -$2.7B | -$2.3B | -$45.1M |
| Stock-based compensation | $23.6M | $19.7M | $21.4M | $27.3M | $33.9M | $28.2M | $33.4M | $27.8M | $30.0M | $33.6M |
| Owner earnings? | $207.8M | -$371.6M | -$760.8M | -$929.2M | -$1.3B | -$1.2B | -$1.1B | -$2.7B | -$2.4B | -$78.7M |
| Free cash flow per share | $0.73 | $-1.11 | $-2.33 | $-2.79 | $-3.71 | $-3.52 | $-3.00 | $-7.69 | $-6.49 | $-0.12 |
| Capital allocation | ||||||||||
| Dividends paid | $564.5M | $602.1M | $640.1M | $663.2M | $744.7M | $805.4M | $860.0M | $919.0M | $1.0B | $1.1B |
| Share repurchases | – | – | – | – | – | – | – | – | – | – |
| Diluted shares | 318.5M | 318.0M | 318.0M | 322.9M | 339.8M | 344.6M | 347.2M | 349.8M | 357.8M | 371.3M |
| Share count change? | 0.0% | -0.1% | 0.0% | 1.6% | 5.2% | 1.4% | 0.8% | 0.7% | 2.3% | 3.8% |
| Balance sheet | ||||||||||
| Cash and equivalents | $106.8M | $85.9M | $209.3M | $117.1M | $264.9M | $66.8M | $374.6M | $53.9M | $26.7M | $135.4M |
| Short-term investments | – | – | – | – | – | – | – | – | – | – |
| Total debt | $9.6B | $12.3B | $13.1B | $14.1B | $16.2B | $18.2B | $21.0B | $24.4B | $26.7B | $28.3B |
| Net debt | $9.5B | $12.2B | $12.9B | $14.0B | $15.9B | $18.1B | $20.7B | $24.4B | $26.7B | $28.1B |
| Shareholders' equity | $10.7B | $11.1B | $11.5B | $12.6B | $14.1B | $14.6B | $15.5B | $14.2B | $15.0B | $16.2B |
Latest filings
| 2026-08-03 | 10-Q | Quarterly report |
| 2026-07-30 | 8-K | Earnings release |
| 2026-07-01 | 8-K | Earnings release |
| 2026-05-07 | 10-Q | Quarterly report |
| 2026-05-06 | 8-K | Earnings release |
| 2026-03-27 | DEF 14A | Proxy statement |
| 2026-02-17 | 10-K | Annual report |
| 2026-02-12 | 8-K | Earnings release |
| 2025-11-06 | 10-Q | Quarterly report |
| 2025-11-04 | 8-K | Earnings release |
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