Eversource Energy

ES Utilities Utilities Regulated Electric

Eversource Energy’s revenue for fiscal 2025 (year ended December 2025) was $13.5 billion, up 13.8% from fiscal 2024. In the quarter to June 2026, revenue grew 2.29%, EPS fell 85.4%, free cash flow grew 398.9% and total debt rose 3.37%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

66.77 0.78 +1.18%
Market cap
$24.9B
P/E
17.3×
Fwd P/E
15.4×
Dividend yield
4.67%
F-score
7/9
Altman Z
0.73
Beneish M
−2.61
Dividend safety
35/100

Insider Decisions trades per month

Total buys 0.05
Total sells 3.98
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — 1 — — — — —
Sell 2 — — 6 1 — — 1 — 1 — —
Insider Ownership 0.10%

Capital & Financial Ratios $m

Market Cap 24,860.00
Revenue 13,998.37
Net Income 1,456.90
Free Cash Flow 297.71
Net Debt 27,292.30
Current Ratio 0.80 (below 1: weak)
Debt/Equity 1.78
P/E ratio 17.30
Fwd P/E 15.40
P/S ratio 1.80
P/B ratio 1.54
Past 5Y EPS Growth 5.13%
This Y EPS Growth (2.40%) (below 0%: weak)
Next Y EPS Growth 5.90%
Next Y revenue growth 1.58%
Next 5Y EPS Growth 3.36%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 8.45%
10-year low 10-year high
P/S against its own 10 years 9.47%
10-year low 10-year high
P/B against its own 10 years 17.43%
10-year low 10-year high
EV/Sales against its own 10 years 17.40%
10-year low 10-year high

Dividends

Payout Ratio 0.81
Annual Dividend Rate 3.12
Annual Dividend Yield 4.67%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 3.15
0.79
0.79
0.79
2025 3.01
0.75
0.75
0.75
0.75
2024 2.86
0.72
0.72
0.72
0.72
2023 3.38
0.68
0.68
0.68
0.68
0.68
2022 2.55
0.64
0.64
0.64
0.64
2021 2.41
0.60
0.60
0.60
0.60
2020 2.27
0.57
0.57
0.57
0.57
2019 2.14
0.54
0.54
0.54
0.54
2018 2.02
0.51
0.51
0.51
0.51
2017 1.90
0.48
0.48
0.48
0.48
2016 1.78
0.45
0.45
0.45
0.45
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 54 27 135 1,819
Receivables 1,432 1,651 1,847 1,723
Inventory 507 595 492 467
Other 1,900 2,488 2,250 2,088
4,248 5,076 5,077 6,442
2023 2024 2025 Q'26
Payables 1,869 1,737 1,860 1,605
ST’ Debt 825 1,003 1,393 2,503
Other 1,456 1,597 2,650 3,150
6,341 6,721 7,809 8,055

Compound Annual Growth %

10y 5y 3y
Sales 5.47% 8.75% 3.30%
Cash Flow 11.12% 19.58% 19.65%
Earnings 6.78% 7.03% 6.40%
Book Value 4.58% 2.87% 1.54%

Revenue $m

Mar Jun Sep Dec Year
’26 4,504 2,903 — — —
’25 4,118 2,838 3,221 3,370 13,547
’24 3,333 2,534 3,063 2,971 11,901
’23 3,796 2,629 2,791 2,694 11,911
’22 3,471 2,573 3,216 3,030 12,289
’21 2,826 2,123 2,433 2,482 9,863
’20 2,374 1,953 2,344 2,234 8,904
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1,324 1,090 — — —
’25 1,041 1,057 1,100 916 4,114
’24 291 671 556 642 2,160
’23 69 578 522 477 1,646
’22 372 470 847 712 2,401
’21 411 396 713 442 1,963
’20 420 585 491 186 1,683
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 315 76 — — —
’25 33 15 (26) (67) (45)
’24 (858) (401) (515) (547) (2,321)
’23 (908) (484) (564) (734) (2,691)
’22 (393) (315) 43 (377) (1,041)
’21 (278) (338) (75) (522) (1,212)
’20 (305) (90) (211) (655) (1,260)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.61 0.14 — — —
’25 1.50 0.96 0.99 1.12 4.56
’24 1.49 0.95 (0.33) 0.20 2.27
’23 1.41 0.04 0.97 (3.68) (1.26)
’22 1.28 0.84 1.00 0.92 4.05
’21 1.06 0.77 0.82 0.89 3.54
’20 1.01 0.75 1.01 0.79 3.55
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 50.01 54.08 52.76 63.10 60.69 76.64 70.54 52.03 52.09 52.28

Analyst estimates 2026–2028

Powerpack
High 60.44 66.15 70.53 86.55 99.42 92.66 94.63 86.84 69.01 75.25
People
People Employees 7,762 8,084 7,998 8,234 9,299 9,227 9,626 10,171 10,680 10,731
Revenue/emp, $m 0.98 0.96 1.06 1.04 0.96 1.07 1.28 1.17 1.11 1.26
Income, $m
Income, $m Revenue 7,639 7,752 8,448 8,526 8,904 9,863 12,289 11,911 11,901 13,547
Gross margin, % 67.26 67.30 62.84 64.34 66.45 65.81 59.20 56.61 68.61 68.93
EBT 1,505 1,574 1,329 1,190 1,559 1,572 1,866 (275) 1,244 1,840
EBT margin, % 19.70 20.31 15.74 13.96 17.51 15.94 15.18 (2.31) 10.45 13.58
Net income 950 996 1,041 917 1,213 1,228 1,412 (435) 819 1,700
Depreciation 787 864 1,072 1,081 1,159 1,335 1,643 816 1,776 2,404
Per share, $
Per share, $ Revenue 24.05 24.42 26.62 26.53 26.28 28.67 35.44 34.07 33.29 36.53
Earnings 2.97 3.11 3.25 2.83 3.56 3.55 4.05 (1.27) 2.27 4.56
Cash flow 6.95 6.29 5.77 6.25 4.97 5.71 6.92 4.71 6.04 11.09
Capex (6.22) (7.40) (8.10) (9.06) (8.69) (9.23) (9.93) (12.41) (12.53) (11.21)
Free cash flow 0.73 (1.11) (2.33) (2.81) (3.72) (3.52) (3.00) (7.70) (6.49) (0.12)
Book value 33.72 34.93 36.19 39.29 41.51 42.44 44.62 40.55 42.07 43.68
Shares, m 318 317 317 321 339 344 347 350 357 371
Valuation, ×
Valuation, × P/E 18.61 20.31 20.01 30.17 24.30 25.63 20.80 0.00 24.86 14.73
P/S 2.29 2.59 2.44 3.21 3.29 3.17 2.38 1.87 1.73 1.84
P/B 1.63 1.81 1.80 2.16 2.08 2.14 1.89 1.57 1.37 1.54
EV/Sales 3.54 4.17 3.98 4.86 5.10 5.01 4.06 3.92 3.97 3.92
EV/FCF 116.99 (91.88) (45.47) (45.93) (36.01) (40.78) (47.93) (17.33) (20.34) (1,177.45)
Cash, $m
Cash, $m Operating cash flow 2,208 1,996 1,831 2,010 1,683 1,963 2,401 1,646 2,160 4,114
Capex (1,977) (2,348) (2,570) (2,911) (2,943) (3,175) (3,442) (4,337) (4,481) (4,159)
Free cash flow 231 (352) (739) (902) (1,260) (1,212) (1,041) (2,691) (2,321) (45)
Balance, $m
Balance, $m Working capital (1,161) (1,102) (1,821) (1,191) (1,785) (2,577) (2,576) (2,093) (1,645) (2,731)
Total debt 9,603 12,326 13,086 14,098 16,179 18,217 21,044 24,413 26,705 28,265
Net debt 9,573 12,287 12,978 14,083 16,072 18,150 20,670 24,360 26,678 28,130
Shareholders’ equity 10,712 11,086 11,487 12,630 14,064 14,600 15,473 14,174 15,039 16,197
Returns, %
Returns, % ROA 3.01 2.89 2.77 2.29 2.76 2.58 2.76 (0.81) 1.41 2.74
ROIC 5.67 5.05 4.34 3.72 4.12 3.80 3.80 3.89 3.61 4.21
ROE 8.95 9.07 9.15 7.54 9.03 8.52 9.34 (2.98) 5.56 10.84
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Eversource Energy vs peers in Utilities Regulated Electric (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AEE Ameren Corporation $28.7B 18.5× 20.3× −5.81% (below 0%: shrinking) +11.76% (above 0%: growing) −51.22% (below 0%: shrinking) 73.90% 21.94% Compare
PCG Pacific Gas & Electric Co. $28.5B 9.5× 11.2× +0.07% (above 0%: growing) +37.50% (above 0%: growing) −2.64% (below 0%: shrinking) 84.50% 21.40% Compare
FTS Fortis $27.9B 22.6× 21.5× +4.02% (above 0%: growing) +1.82% (above 0%: growing) +29.48% (above 0%: growing) 45.92% 27.43% Compare
DTE DTE Energy Company $26.7B 20.5× 19.4× −1.46% (below 0%: shrinking) +22.73% (above 0%: growing) −179.77% (below 0%: shrinking) 51.91% 13.59% Compare
FE FirstEnergy Corporation $26.4B 24.6× 16.8× +8.82% (above 0%: growing) +8.70% (above 0%: growing) −143.84% (below 0%: shrinking) 64.30% 18.41% Compare
CNP CenterPoint Energy, Inc. $26.2B 23.9× 22.8× +10.70% (above 0%: growing) +23.33% (above 0%: growing) −4.04% (below 0%: shrinking) 86.94% 24.81% Compare
PPL PPL Corporation $26.0B 20.7× 18.6× +4.25% (above 0%: growing) +24.00% (above 0%: growing) −112.80% (below 0%: shrinking) 71.67% 22.50% Compare
ES Eversource Energy $24.9B 17.3× 15.4× +2.29% (above 0%: growing) −85.42% (below 0%: shrinking) +398.93% (above 0%: growing) 67.64% 18.63%
EIX Edison International $21.4B 5.7× 12.2× −4.09% (below 0%: shrinking) +56.18% (above 0%: growing) +30.60% (above 0%: growing) 73.90% 25.06% Compare
Median of peers $26.5B 20.6× 19.0× +2.05% +23.03% −27.63% 72.79% 22.22%

All 40 Utilities Regulated Electric stocks →

ES metrics, ten years each

Eversource Energy (ES) key facts

  • Strength: Eversource Energy’s revenue for fiscal 2025 (year ended December 2025) was $13.5 billion, up 13.8% from fiscal 2024.
  • Strength: Net income was $1.7 billion, or $4.56 per share (basic), a net margin of 12.5%.
  • Eversource Energy (ES) is an Utilities Regulated Electric company in the Utilities sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, ES traded at $66.77, a market capitalization of $24.9 billion.
  • At that price the stock trades at 17.3× trailing-twelve-month earnings and 1.8× sales; its P/E is higher than 8% of its own readings over the past ten years.
  • Eversource Energy pays an annual dividend of $3.12 per share, a yield of 4.67%, with a payout ratio of 80.7%.
  • Return on equity was 10.8% and debt-to-equity 1.78.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 0.73 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Eversource Energy (ES) Latest News

21 Sep

7 Aug

stockrow.com/ES · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com