Eversource Energy (ES) Financial Statements (2025 and earlier)

Company Profile

Business Address 300 CADWELL DRIVE
SPRINGFIELD, MA 01104
State of Incorp. MA
Fiscal Year End December 31
Industry (SIC) 4911 - Electric Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5739510714761152
Cash and cash equivalent543756710715108
Short-term investments 32040414644
Receivables1,4321,5171,2261,196989994
Inventory, net of allowances, customer advances and progress billings507374268266236238
Inventory507374268266236238
Regulatory asset1,6741,3351,1291,077651515
Asset, held-for-sale, not part of disposal group      
Other current assets356383370252342261
Other undisclosed current assets222219171192135132
Total current assets:4,2484,2233,2703,1302,4152,292
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization69555861 ✕
Operating lease, right-of-use asset54574755 ✕
Long-term investments and receivables9982,5431,8971,5641,321881
Long-term investments9982,5431,8971,5641,321881
Intangible assets, net (including goodwill)4,5324,5234,4774,4464,4274,427
Goodwill4,5324,5234,4774,4464,4274,427
Regulated entity, other noncurrent assets4,7154,2434,5875,4934,8644,631
Other noncurrent assets592541884584512863
Other undisclosed noncurrent assets40,40537,04733,27230,767 (464)
Total noncurrent assets:51,36449,00845,22242,96911,12410,339
Other undisclosed assets     27,58525,610
TOTAL ASSETS:55,61253,23148,49246,10041,12438,241
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,8892,1611,6721,3711,1481,120
Accounts payable1,8692,1141,6721,3711,1481,120
Accrued liabilities1947    
Debt8301,3241,1971,058338837
Regulatory liability592891602389361370
Other liabilities1,082989831809837823
Other undisclosed current liabilities1,9491,4341,5451,288921962
Total current liabilities:6,3416,7995,8474,9153,6064,113
Noncurrent Liabilities
Long-term debt and lease obligation23,65619,77817,11615,22913,820 
Long-term debt, excluding current maturities23,58919,72417,02415,12613,771 
Finance lease, liability675455588✕
Liabilities, other than long-term debt, including:10,98510,66810,41211,34310,4226,148
Deferred compensation liability, classified      
Asset retirement obligations506503500500489 
Deferred income tax liabilities5,3045,0684,5974,0953,756✕
Liability, pension and other postretirement and postemployment benefits1241352421,6541,370963
Regulatory liability4,0233,9303,8663,8513,6583,609
Other liabilities9618889719498111,196
Operating lease, liability  374641✕
Derivative instruments and hedges, liabilities 68144235295339380
Other undisclosed liabilities, other than long-term debt      
Other undisclosed noncurrent liabilities      3,506
Total noncurrent liabilities:34,64130,44727,52926,57224,2429,654
Total liabilities:40,98337,24633,37631,48727,84813,767
Temporary equity, including noncontrolling interest156156156156156156
Equity
Equity, attributable to parent, including:14,17415,47314,60014,06412,63011,487
Common stock   1,7891,7891,7291,669
Treasury stock, value(196)(216)(251)(278)(299)(318)
Additional paid in capital8,4618,4028,0998,0167,0886,241
Accumulated other comprehensive loss(34)(39)(42)(76)(65)(60)
Retained earnings4,1435,5275,0054,6134,1773,954
Other undisclosed equity, attributable to parent1,8001,800    
Total equity:14,17415,47314,60014,06412,63011,487
Other undisclosed liabilities and equity30035636139449112,832
TOTAL LIABILITIES AND EQUITY:55,61253,23148,49246,10041,12438,241

Income Statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues11,91112,2899,8638,9048,5268,448
Cost of revenue
(Cost of Product and Service Sold)		(203)(195)(182)(171)(163)(162)
Gross profit:11,70812,0959,6818,7348,3638,286
Operating expenses(9,511)(10,091)(7,870)(6,916)(6,936)(6,748)
Other undisclosed operating income203195182171163162
Operating income:2,3992,1981,9931,9891,5901,700
Nonoperating income348346161109133128
Investment income, nonoperating94512651318
Public utilities, allowance for funds used during construction, capitalized cost of equity784737424544
Other nonoperating income254296136104120110
Interest and debt expense(855)(678)(582)(538)(533)(499)
Income from continuing operations before equity method investments, income taxes:1,8921,8661,5721,5591,1901,329
Income from equity method investments   1414  
Income from continuing operations before income taxes:1,8921,8661,5861,5731,1901,329
Income tax expense(160)(454)(344)(346)(273)(289)
Income from continuing operations:1,7321,4121,2421,2279171,041
Income before gain (loss) on sale of properties:✕✕✕1,2421,2279171,041
Other undisclosed net loss(2,167) (1,235)   
Net income (loss):(435)1,41281,2279171,041
Net loss attributable to noncontrolling interest(8)(8)(8)(8)(8) 
Other undisclosed net income (loss) attributable to parent 881,228(7)8 
Net income (loss) attributable to parent:(435)1,4121,2281,2139171,041
Other undisclosed net loss available to common stockholders, basic (8)(8)(8)(8)(8)(8)
Net income (loss) available to common stockholders, diluted:(442)1,4051,2211,2059091,033

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):(435)1,41281,2279171,041
Other comprehensive income (loss)6334(11)(5)6
Comprehensive income (loss):(429)1,415421,2169121,047
Comprehensive loss, net of tax, attributable to noncontrolling interest(8)(8)(8)(8)(8)(8)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   1,221(14)  
Comprehensive income (loss), net of tax, attributable to parent:(437)1,4081,2551,1949041,039

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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