/
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 …
22.06% operating margin is above average. ROIC at 6.59%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 13.8%, still solid.
Negative free cash flow of -$45M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$13.93B
▲ +13.8% YoY
Net Income (TTM)
$1.75B
▲ +108.5% YoY
Op. Margin
22.52%
▲ +1.8pp YoY
ROIC
6.63%
▲ +1.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$237M
▲ +98.1% YoY
Op. Cash Flow (TTM)
$4.40B
▲ +90.5% YoY
Net Debt
$29.23B
Cash & Equiv.
$270M
5Y CAGR: +8.8%
Continue Research