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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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $13.5B | $5.5B | $1.7B | $-45M | 10.4% | 13.8% | 108.5% |
| 2024 | $11.9B | $4.1B | $812M | $-2.3B | 5.4% | -0.1% | -283.5% |
| 2023 | $11.9B | $1.4B | $-442M | $-2.7B | -3.1% | -3.1% | -131.5% |
| 2022 | $12.3B | $4.2B | $1.4B | $-1.0B | 9.1% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 12,289.34 | 11,910.70 | 11,900.81 | 13,547.24 |
| Cost Of Revenue | - | 1,865.33 | 1,895.70 | 2,012.93 | 2,073.78 |
| Gross Profit | - | 10,424.01 | 10,015 | 9,887.88 | 11,473.47 |
| Operating Expense | 6,130.08 | 8,225.85 | 7,615.67 | 7,182.17 | - |
| Operating Income | - | 2,198.15 | 2,399.34 | 2,705.71 | 2,988.59 |
| EBITDA | - | 4,187.38 | 1,396.13 | 4,131.54 | 5,487.93 |
| EBIT | - | 2,544.24 | 580.40 | 2,355.17 | 3,083.44 |
| Pretax Income | - | 1,865.97 | -275.04 | 1,243.84 | 1,840.18 |
| Tax Provision | - | 453.57 | 159.68 | 424.66 | 140.29 |
| Net Income | - | 1,404.88 | -442.24 | 811.65 | 1,692.37 |
| Net Income Common Stockholders | - | 1,404.88 | -442.24 | 811.65 | 1,692.37 |
| Total Expenses | - | 10,091.18 | 9,511.37 | 9,195.10 | 10,558.66 |
| Interest Expense | - | 678.27 | 855.44 | 1,111.34 | 1,243.27 |
| Interest Income | - | 50.50 | 94.20 | 138.20 | 125.50 |
| Selling General And Administration | -84.40 | -219.80 | -132.90 | - | - |
| Normalized EBITDA | - | 4,138.18 | 3,489.93 | 4,794.16 | 5,678.33 |
| Normalized Income | - | 1,367.63 | 1,211.86 | 1,248.04 | 1,868.30 |
| Market Cap | 25,798.02 | 25,798.02 | 25,798.02 | 25,798.02 | 25,798.02 |
Utilities sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Eversource Energythis co. | ES | $25.5B | 15.24↓ discount | 1.59 | 10.4% | 10.16 |
| Atmos Energy Corporation | ATO | $29.5B | 25.59 | 2.26 | 8.8% | 16.68 |
| PPL Corporation | PPL | $28.6B | 24.68 | 1.96 | 7.9% | 12.83 |
| FirstEnergy Corp. | FE | $28.5B | 28.02 | 2.28 | 8.2% | 12.94 |
| Edison International | EIX | $28.0B | 5.64 |
| - |
| - |
| - |
| - |
| - |
| 1.55 |
| 27.5% |
| 6.31 |
| CenterPoint Energy, Inc. | CNP | $27.7B | 26.41 | 2.49 | 9.4% | 13.78 |
| American Water Works Company, Inc. | AWK | $25.9B | 23.28 | 2.39 | 10.3% | 14.22 |
| CMS Energy Corporation | CMS | $23.6B | 21.93 | 2.63 | 12.0% | 12.49 |
| NiSource Inc. | NI | $22.8B | 24.71 | 2.43 | 9.8% | 12.83 |
| Peer Median | - | 24.69 | 2.34 | 9.6% | 12.89 | |