ES Q1 2023 Earnings — Eversource Energy Revenue & Financial Results | Market Cap Arena

ESEversource Energy

$28B

Q1 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.8B+9.3% YoY

Gross Profit

$1.4B37.9% margin

Operating Income

$750M19.7% margin

Net Income

$491M12.9% margin

EPS (Diluted)

$1.40

QoQ Revenue Growth

+25.3%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

-$908M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$54.1B

Total Liabilities

$38.2B

Stockholders' Equity

$15.7B

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$3.5B	+9.3%
Gross Profit	$1.4B	$1.6B	-10.7%
Operating Income	$750M	$663M	+13.0%
Net Income	$491M	$443M	+10.8%

Revenue Segments

Eversource Electric Distribution

$2.6B57%

Natural Gas Distribution

$1.0B23%

Eversource Electric Transmission

$459M10%

Other

$414M9%

Water Distribution Segment

$50M1%