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 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 102 | 37 | 263 | 57 | 79 | 45 | |||
| Cash and cash equivalent | 98 | 33 | 259 | 54 | 79 | 42 | |||
| Short-term investments | 4 | 4 | 4 | 3 | 3 | ||||
| Receivables | 1,563 | 1,473 | 1,593 | 1,432 | 1,430 | 1,332 | |||
| Inventory, net of allowances, customer advances and progress billings | 507 | ||||||||
| Inventory | 507 | ||||||||
| Regulatory asset | 2,025 | 2,072 | 1,889 | 1,674 | 1,508 | 1,382 | |||
| Asset, held-for-sale, not part of disposal group | |||||||||
| Other current assets | 414 | 365 | 388 | 356 | 374 | 378 | |||
| Other undisclosed current assets | 729 | 725 | 747 | 222 | 618 | 584 | |||
| Total current assets: | 4,833 | 4,673 | 4,881 | 4,248 | 4,009 | 3,722 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 69 | ||||||||
| Operating lease, right-of-use asset | 54 | ||||||||
| Long-term investments and receivables | 506 | 1,281 | 1,076 | 998 | 3,051 | 2,555 | |||
| Long-term investments | 506 | 1,281 | 1,076 | 998 | 3,051 | 2,555 | |||
| Intangible assets, net (including goodwill) | 4,527 | 4,532 | 4,532 | 4,532 | 4,530 | 4,523 | |||
| Goodwill | 4,527 | 4,532 | 4,532 | 4,532 | 4,530 | 4,523 | |||
| Regulated entity, other noncurrent assets | 4,993 | 4,996 | 4,839 | 4,715 | 4,349 | 4,391 | |||
| Other noncurrent assets | 645 | 644 | 619 | 592 | 597 | 588 | |||
| Other undisclosed noncurrent assets | 43,070 | 42,227 | 41,374 | 40,405 | 39,757 | 38,762 | |||
| Total noncurrent assets: | 53,740 | 53,680 | 52,441 | 51,364 | 52,284 | 50,818 | |||
| TOTAL ASSETS: | 58,573 | 58,352 | 57,322 | 55,612 | 56,293 | 54,540 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,870 | 2,087 | 1,664 | 1,889 | 1,642 | 1,550 | |||
| Accounts payable | 1,562 | 1,759 | 1,664 | 1,869 | 1,642 | 1,550 | |||
| Accrued liabilities | 308 | 328 | 19 | ||||||
| Debt | 1,442 | 1,328 | 865 | 830 | 2,072 | 2,062 | |||
| Regulatory liability | 722 | 652 | 641 | 592 | 724 | 654 | |||
| Other liabilities | 782 | 741 | 1,051 | 1,082 | 1,108 | 930 | |||
| Other undisclosed current liabilities | 803 | 1,445 | 2,146 | 1,949 | 1,573 | 599 | |||
| Total current liabilities: | 5,620 | 6,253 | 6,368 | 6,341 | 7,120 | 5,795 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 25,971 | 25,836 | 24,930 | 23,656 | 22,087 | 21,772 | |||
| Long-term debt, excluding current maturities | 25,971 | 25,836 | 24,930 | 23,589 | 22,087 | 21,772 | |||
| Finance lease, liability | 67 | ||||||||
| Liabilities, other than long-term debt, including: | 11,458 | 10,943 | 10,980 | 10,985 | 10,878 | 10,875 | |||
| Deferred compensation liability, classified | |||||||||
| Asset retirement obligations | 510 | 509 | 506 | 506 | 505 | 502 | |||
| Deferred income tax liabilities | 5,331 | 5,250 | 5,315 | 5,304 | 5,239 | 5,275 | |||
| Liability, pension and other postretirement and postemployment benefits | 126 | 125 | 124 | 124 | 118 | 120 | |||
| Regulatory liability | 4,125 | 4,093 | 4,051 | 4,023 | 4,022 | 3,967 | |||
| Other liabilities | 1,367 | 967 | 984 | 961 | 909 | 907 | |||
| Operating lease, liability | |||||||||
| Derivative instruments and hedges, liabilities | 68 | 85 | 103 | ||||||
| Other undisclosed liabilities, other than long-term debt | |||||||||
| Total noncurrent liabilities: | 37,429 | 36,779 | 35,910 | 34,641 | 32,965 | 32,647 | |||
| Total liabilities: | 43,049 | 43,032 | 42,277 | 40,983 | 40,085 | 38,441 | |||
| Temporary equity, including noncontrolling interest | 156 | 156 | 156 | 156 | 156 | 156 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 15,044 | 14,819 | 14,544 | 14,174 | 15,686 | 15,554 | |||
| Treasury stock, value | (176) | (180) | (185) | (196) | (201) | (205) | |||
| Additional paid in capital | 9,263 | 8,711 | 8,538 | 8,461 | 8,444 | 8,429 | |||
| Accumulated other comprehensive loss | (28) | (30) | (29) | (34) | (24) | (32) | |||
| Retained earnings | 4,119 | 4,497 | 4,414 | 4,143 | 5,667 | 5,563 | |||
| Other undisclosed equity, attributable to parent | 1,866 | 1,821 | 1,806 | 1,800 | 1,800 | 1,800 | |||
| Total equity: | 15,044 | 14,819 | 14,544 | 14,174 | 15,686 | 15,554 | |||
| Other undisclosed liabilities and equity | 324 | 346 | 346 | 300 | 367 | 389 | |||
| TOTAL LIABILITIES AND EQUITY: | 58,573 | 58,352 | 57,322 | 55,612 | 56,293 | 54,540 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,063 | 2,534 | 3,333 | 2,694 | 2,791 | 2,629 | ||
| Cost of revenue (Cost of Product and Service Sold) | (59) | (45) | (53) | (50) | (54) | (45) | ||
| Gross profit: | 3,004 | 2,489 | 3,279 | 2,645 | 2,738 | 2,585 | ||
| Operating expenses | (2,451) | (1,931) | (2,487) | (2,136) | (2,261) | (2,069) | ||
| Other undisclosed operating income | 59 | 45 | 53 | 50 | 54 | 45 | ||
| Operating income: | 612 | 602 | 846 | 559 | 531 | 561 | ||
| Nonoperating income | 113 | 115 | 91 | 85 | 79 | 95 | ||
| Interest and debt expense | (301) | (271) | (251) | (231) | (222) | (207) | ||
| Income from continuing operations before income taxes: | 424 | 446 | 686 | 412 | 387 | 448 | ||
| Income tax expense (benefit) | (77) | (109) | (163) | 67 | (46) | (30) | ||
| Income from continuing operations: | 348 | 337 | 524 | 479 | 342 | 418 | ||
| Other undisclosed net loss | (464) | (1,766) | (401) | |||||
| Net income (loss): | (116) | 337 | 524 | (1,287) | 342 | 17 | ||
| Net loss attributable to noncontrolling interest | (2) | (2) | (2) | (2) | (2) | (2) | ||
| Other undisclosed net income attributable to parent | 8 | 2 | 2 | |||||
| Net income (loss) attributable to parent: | (118) | 335 | 522 | (1,281) | 342 | 17 | ||
| Other undisclosed net loss available to common stockholders, basic | (8) | (2) | (2) | |||||
| Net income (loss) available to common stockholders, basic: | (118) | 335 | 522 | (1,288) | 340 | 15 | ||
| Other undisclosed net income (loss) available to common stockholders, diluted | (0) | (0) | (0) | 0 | 0 | (0) | ||
| Net income (loss) available to common stockholders, diluted: | (118) | 335 | 522 | (1,288) | 340 | 15 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (116) | 337 | 524 | (1,287) | 342 | 17 | ||
| Other comprehensive income (loss) | 1 | (1) | 5 | (10) | 8 | 4 | ||
| Comprehensive income (loss): | (115) | 336 | 529 | (1,296) | 350 | 21 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (2) | (2) | (2) | (2) | (2) | (2) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (117) | 334 | 527 | (1,298) | 348 | 20 | ||
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.