E

EVERSOURCE ENERGY

ES · CIK 0000072741

17 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$13.55B13.8%
FY2025
Net income (FY)
−$434.7M130.8%
FY2023
Free cash flow (FY)
−$45.1M98.1%
FY2025
Diluted EPS (FY)
$4.56100.9%
FY2025
The story, charted

The shape of the business

FY2009–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$5B$10BFY2009 · Revenue $5.44B · Net income $335.6M · 0000072741-12-000020 · filed 2012-02-24FY09Revenue $5.44BNet income $335.6M0000072741-12-000020 · filed 2012-02-24FY2010 · Revenue $4.90B · Net income $394.1M · 0000072741-13-000015 · filed 2013-02-28FY10Revenue $4.90BNet income $394.1M0000072741-13-000015 · filed 2013-02-28FY2011 · Revenue $4.47B · Net income $400.5M · 0000072741-14-000011 · filed 2014-02-25FY11Revenue $4.47BNet income $400.5M0000072741-14-000011 · filed 2014-02-25FY2012 · Revenue $6.27B · Net income $533.1M · 0000072741-15-000013 · filed 2015-02-25FY12Revenue $6.27BNet income $533.1M0000072741-15-000013 · filed 2015-02-25FY2013 · Revenue $7.30B · Net income $793.7M · 0000072741-16-000063 · filed 2016-02-26FY13Revenue $7.30BNet income $793.7M0000072741-16-000063 · filed 2016-02-26FY2014 · Revenue $7.74B · Net income $827.1M · 0000072741-17-000007 · filed 2017-02-23FY14Revenue $7.74BNet income $827.1M0000072741-17-000007 · filed 2017-02-23FY2015 · Revenue $7.95B · Net income $886.0M · 0000072741-18-000028 · filed 2018-02-26FY15Revenue $7.95BNet income $886.0M0000072741-18-000028 · filed 2018-02-26FY2016 · Revenue $7.64B · Net income $949.8M · 0000072741-19-000017 · filed 2019-02-26FY16Revenue $7.64BNet income $949.8M0000072741-19-000017 · filed 2019-02-26FY2017 · Revenue $7.75B · Net income $995.5M · 0000072741-20-000008 · filed 2020-02-27FY17Revenue $7.75BNet income $995.5M0000072741-20-000008 · filed 2020-02-27FY2018 · Revenue $8.45B · Net income $1.04B · 0000072741-21-000005 · filed 2021-02-17FY18Revenue $8.45BNet income $1.04B0000072741-21-000005 · filed 2021-02-17FY2019 · Revenue $8.53B · Net income $916.6M · 0000072741-22-000015 · filed 2022-02-17FY19Revenue $8.53BNet income $916.6M0000072741-22-000015 · filed 2022-02-17FY2020 · Revenue $8.90B · Net income $1.21B · 0000072741-23-000004 · filed 2023-02-15FY20Revenue $8.90BNet income $1.21B0000072741-23-000004 · filed 2023-02-15FY2021 · Revenue $9.86B · Net income $1.23B · 0000072741-24-000005 · filed 2024-02-14FY21Revenue $9.86BNet income $1.23B0000072741-24-000005 · filed 2024-02-14FY2022 · Revenue $12.29B · Net income $1.41B · 0000072741-25-000007 · filed 2025-02-14 · 0000072741-24-000005 · filed 2024-02-14FY22Revenue $12.29BNet income $1.41B0000072741-25-000007 · filed 2025-02-14 · 0000072741-24-000005 · filed 2024-02-14FY2023 · Revenue $11.91B · Net income −$434.7M · 0001628280-26-008461 · filed 2026-02-17 · 0000072741-24-000005 · filed 2024-02-14FY23Revenue $11.91BNet income −$434.7M0001628280-26-008461 · filed 2026-02-17 · 0000072741-24-000005 · filed 2024-02-14FY2024 · Revenue $11.90B · 0001628280-26-008461 · filed 2026-02-17FY24Revenue $11.90B0001628280-26-008461 · filed 2026-02-17FY2025 · Revenue $13.55B · 0001628280-26-008461 · filed 2026-02-17FY25Revenue $13.55B0001628280-26-008461 · filed 2026-02-17FY25Revenue $13.55B0001628280-26-008461 · filed 2026-02-17FY09FY11FY13FY15FY17FY19FY21FY23FY25

revenue 2.5× since FY2009 · net margin 6.2% → -3.6%

MarginsNet marginFCF margin
-20%0%FY2009 · Net margin 6.2% · FCF margin 1.5%FY09Net margin 6.2%FCF margin 1.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 8.0% · FCF margin 2.8%FY10Net margin 8.0%FCF margin 2.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 9.0% · FCF margin -2.4%FY11Net margin 9.0%FCF margin -2.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 8.5% · FCF margin -5.0%FY12Net margin 8.5%FCF margin -5.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 10.9% · FCF margin 2.8%FY13Net margin 10.9%FCF margin 2.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 10.7% · FCF margin 0.6%FY14Net margin 10.7%FCF margin 0.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 11.1% · FCF margin -3.7%FY15Net margin 11.1%FCF margin -3.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 12.4% · FCF margin 3.0%FY16Net margin 12.4%FCF margin 3.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 12.8% · FCF margin -4.5%FY17Net margin 12.8%FCF margin -4.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 12.3% · FCF margin -8.8%FY18Net margin 12.3%FCF margin -8.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 10.7% · FCF margin -10.6%FY19Net margin 10.7%FCF margin -10.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 13.6% · FCF margin -14.2%FY20Net margin 13.6%FCF margin -14.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 12.5% · FCF margin -12.3%FY21Net margin 12.5%FCF margin -12.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 11.5% · FCF margin -8.5%FY22Net margin 11.5%FCF margin -8.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin -3.6% · FCF margin -22.6%FY23Net margin -3.6%FCF margin -22.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · FCF margin -19.5%FY24FCF margin -19.5%derived: (ocf − capex) ÷ revenueFY2025 · FCF margin -0.3%FY25FCF margin -0.3%derived: (ocf − capex) ÷ revenueFY25FCF margin -0.3%derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2023: net -3.6% · free cash flow -0.3% of revenue

Cash engineOperating cash flowFree cash flow
−$2B$0$2B$4BFY2009 · OCF $989.1M · FCF $81.0M · 0000072741-12-000020 · filed 2012-02-24FY09OCF $989.1MFCF $81.0M0000072741-12-000020 · filed 2012-02-24FY2010 · OCF $1.09B · FCF $139.0M · 0000072741-13-000015 · filed 2013-02-28FY10OCF $1.09BFCF $139.0M0000072741-13-000015 · filed 2013-02-28FY2011 · OCF $970.4M · FCF −$106.3M · 0000072741-14-000011 · filed 2014-02-25FY11OCF $970.4MFCF −$106.3M0000072741-14-000011 · filed 2014-02-25FY2012 · OCF $1.16B · FCF −$311.0M · 0000072741-15-000013 · filed 2015-02-25FY12OCF $1.16BFCF −$311.0M0000072741-15-000013 · filed 2015-02-25FY2013 · OCF $1.66B · FCF $206.8M · 0000072741-16-000063 · filed 2016-02-26FY13OCF $1.66BFCF $206.8M0000072741-16-000063 · filed 2016-02-26FY2014 · OCF $1.65B · FCF $48.2M · 0000072741-17-000007 · filed 2017-02-23FY14OCF $1.65BFCF $48.2M0000072741-17-000007 · filed 2017-02-23FY2015 · OCF $1.43B · FCF −$290.4M · 0000072741-18-000028 · filed 2018-02-26FY15OCF $1.43BFCF −$290.4M0000072741-18-000028 · filed 2018-02-26FY2016 · OCF $2.21B · FCF $231.4M · 0000072741-19-000017 · filed 2019-02-26FY16OCF $2.21BFCF $231.4M0000072741-19-000017 · filed 2019-02-26FY2017 · OCF $2.00B · FCF −$351.9M · 0000072741-20-000008 · filed 2020-02-27FY17OCF $2.00BFCF −$351.9M0000072741-20-000008 · filed 2020-02-27FY2018 · OCF $1.83B · FCF −$739.4M · 0000072741-21-000005 · filed 2021-02-17FY18OCF $1.83BFCF −$739.4M0000072741-21-000005 · filed 2021-02-17FY2019 · OCF $2.01B · FCF −$901.9M · 0000072741-22-000015 · filed 2022-02-17FY19OCF $2.01BFCF −$901.9M0000072741-22-000015 · filed 2022-02-17FY2020 · OCF $1.68B · FCF −$1.26B · 0000072741-23-000004 · filed 2023-02-15FY20OCF $1.68BFCF −$1.26B0000072741-23-000004 · filed 2023-02-15FY2021 · OCF $1.96B · FCF −$1.21B · 0000072741-24-000005 · filed 2024-02-14FY21OCF $1.96BFCF −$1.21B0000072741-24-000005 · filed 2024-02-14FY2022 · OCF $2.40B · FCF −$1.04B · 0000072741-25-000007 · filed 2025-02-14FY22OCF $2.40BFCF −$1.04B0000072741-25-000007 · filed 2025-02-14FY2023 · OCF $1.65B · FCF −$2.69B · 0001628280-26-008461 · filed 2026-02-17FY23OCF $1.65BFCF −$2.69B0001628280-26-008461 · filed 2026-02-17FY2024 · OCF $2.16B · FCF −$2.32B · 0001628280-26-008461 · filed 2026-02-17FY24OCF $2.16BFCF −$2.32B0001628280-26-008461 · filed 2026-02-17FY2025 · OCF $4.11B · FCF −$45.1M · 0001628280-26-008461 · filed 2026-02-17FY25OCF $4.11BFCF −$45.1M0001628280-26-008461 · filed 2026-02-17FY25OCF $4.11BFCF −$45.1M0001628280-26-008461 · filed 2026-02-17’09’13’17’21’25

FY2025: $4.11B operating cash − $4.16B capex = −$45.1M free cash flow

Returns on capitalReturn on equityReturn on assets
0%5%10%FY2010 · ROE 10.3% · ROA 2.7%FY10ROE 10.3%ROA 2.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 10.0% · ROA 2.6%FY11ROE 10.0%ROA 2.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 5.8% · ROA 1.9%FY12ROE 5.8%ROA 1.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 8.3% · ROA 2.9%FY13ROE 8.3%ROA 2.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 8.3% · ROA 2.8%FY14ROE 8.3%ROA 2.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 8.6% · ROA 2.9%FY15ROE 8.6%ROA 2.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 8.9% · ROA 3.0%FY16ROE 8.9%ROA 3.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 9.0% · ROA 2.7%FY17ROE 9.0%ROA 2.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 9.1% · ROA 2.7%FY18ROE 9.1%ROA 2.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 7.3% · ROA 2.2%FY19ROE 7.3%ROA 2.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 8.6% · ROA 2.6%FY20ROE 8.6%ROA 2.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 8.4% · ROA 2.5%FY21ROE 8.4%ROA 2.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 9.1% · ROA 2.7%FY22ROE 9.1%ROA 2.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE -3.1% · ROA -0.8%FY23ROE -3.1%ROA -0.8%derived: net income ÷ equity · derived: net income ÷ assetsFY23ROE -3.1%ROA -0.8%derived: net income ÷ equity · derived: net income ÷ assets’11’14’17’20’23

return on equity 10% (FY2010) → -3% (FY2023) · on assets -0.8%

The receipts