Eversource Energy (ES)

Utilities · $26.3B market cap · SEC CIK 0000072741

Next reports on Feb 10, 2027, after the close, with analysts expecting $1.17 in earnings per share.

52-week range $62.72 to $76.57. 9% below its 52-week high and 11% above its low.

The case for ES

• Earnings per share up 66.2%.
• Pays a 4.6% dividend while you wait.
• Reasonably priced for its growth: 18.1× earnings, where 7% a year of growth plus a 4.6% dividend would justify about 26×.
• Moves less than the market (beta 0.64).

The case against

• Burned $45.1M of free cash in FY2025.
• Long-term debt of $26.9B would take 7 years of operating cash flow to repay.
• Operating profit covers its interest bill only 2.7 times.
• Current liabilities exceed current assets (ratio 0.80).
• Return on equity of 9% is lower than 96% of Utilities companies.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Utilities companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Each factor except momentum is half fixed thresholds, half rank among the 31 Utilities companies.

The financials

The financials, five years deep

Pulled from Eversource Energy's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Eversource Energy says it does

Please refer to the Glossary of Terms for definitions of defined terms and abbreviations used in this combined Annual Report on Form 10-K. Eversource Energy (Eversource), headquartered in Boston, Massachusetts and Hartford, Connecticut, is a public utility holding company subject to regulation by the Federal Energy Regulatory Commission (FERC) under the Public Utility Holding Company Act of 2005. We are engaged primarily in the energy delivery business through the following wholly-owned utility subsidiaries: • The Connecticut Light and Power Company (CL&P), a regulated electric utility that serves residential, commercial and industrial customers in parts of Connecticut; • NSTAR Electric Company (NSTAR Electric), a regulated electric utility that serves residential, commercial and industrial customers in parts of eastern and western Massachusetts and owns solar power facilities, and its wholly-owned subsidiary Harbor Electric Energy…

Risk factors ES lists in its 10-K

• Regulatory, Legislative and Compliance Risks
• The actions of regulators and legislators could result in outcomes that may adversely affect our earnings and liquidity
• Rate Regulation, Cost Recovery and Affordability
• We are exposed to significant reputational risks, which make us vulnerable to increased regulatory oversight or other sanctions
• Costs of compliance with environmental laws and regulations, including those related to climate change, may increase and have an adverse effect on our business and results of operations
• Other Regulatory and Environmental Matters
• Offshore Wind Contingent Liability and Tax Risk
• The effects of climate change, including severe storms, could cause significant damage to any of our facilities or assets requiring extensive expenditures, the recovery for which is subject to approval by regulators
• Transitional impacts related to climate change may have an adverse effect on our business and results of operations due to costs associated with new technologies, evolving customer expectations and changing workforce needs
• Physical attacks, including acts of war or terrorism, both threatened and actual, could adversely affect our ability to operate our systems and could adversely affect our financial results and liquidity
• Strategic development or investment opportunities in electric transmission, distributed generation, or clean-energy technologies may not be successful, which could have a material adverse effect on our business prospects
• Our transmission and distribution systems may not operate as expected, and could require unplanned expenditures, which could adversely affect our financial position, results of operations, and cash flows
• New technology and alternative energy sources could adversely affect our operations and financial results
• Financial, Economic, and Market Risks
• Limits on our access to, or increases in, the cost of capital may adversely impact our ability to execute our business plan
• Market performance or changes in assumptions may require us to make significant contributions to our pension and other postretirement benefit plans
• Goodwill and long-lived assets if impaired and written down, could adversely affect our future operating results and total capitalization
• Our counterparties may not meet their obligations to us or may elect to exercise their termination rights, which could adversely affect our earnings

Filings

Other Utilities companies