ESNYSEElectric ServicesFiscal year ends December 31
EVERSOURCE ENERGY
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$64.48−2.37 (-3.55%)
Close on Oct 19, 2026
- Market cap
- $24.31B
- P/E (TTM)
- 16.7
- Dividend yield
- 4.67%
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
22.1%−0.3 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +13.8% | +3.3% | +8.8% | +5.5% | |
| Operating income | +24.1% | +10.8% | +8.5% | +5.4% | |
| EPS, diluted | +100.9% | +4.0% | +5.1% | +5.1% | |
| Dividend per share | +5.2% | +5.7% | +5.8% | +6.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.0% | 9.1% | – | |
| Return on assets | 3.0% | 2.8% | – | |
| Current ratio | 0.68 | 0.64 | 0.65 | |
| Debt to equity | 0.90 | 1.15 | 1.75 | |
| Net debt to EBITDA | 3.61× | 5.06× | 5.22× | |
| Interest coverage | 4.6× | 3.7× | 2.4× | |
| Capex to revenue | 25.9% | 33.1% | 30.7% | |
| Diluted shares | 318M | 340M | 371M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Eversource Energy generated $12.28B from operations and spent $24.27B on capital expenditure, dividends and share buybacks. 81% of that went back into the business.
Generated
$12.28B
Used
$24.27B
Capital expenditure$19.59B81%Dividends$4.68B19%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-3.6%
×Asset turnover0.22×
×Equity multiplier3.67×
=Return on equity, FY2023-2.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | -3.6% | 0.22× | 3.67× | -2.9% |
| FY2022 | 11.5% | 0.24× | 3.38× | 9.4% |
| FY2021 | 12.5% | 0.21× | 3.30× | 8.6% |
| FY2020 | 13.6% | 0.20× | 3.27× | 9.1% |
| FY2019 | 10.7% | 0.21× | 3.29× | 7.6% |
| FY2018 | 12.3% | 0.23× | 3.30× | 9.2% |
| FY2017 | 12.8% | 0.23× | 3.13× | 9.1% |
| FY2016 | 12.4% | 0.24× | 2.97× | 9.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 5 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$4.11B
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$4.11B vs –
- Less leverageLong-term debt to assets fell43.1% → 42.1%
- Better liquidityCurrent ratio rose0.76 → 0.65
- No dilutionShare count did not rise358M → 371M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.21 → 0.23