ES Q1 2024 Earnings — Eversource Energy Revenue & Financial Results | Market Cap Arena

ESEversource Energy

$28B

Q1 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.3B-12.2% YoY

Gross Profit

$1.6B49.0% margin

Operating Income

$846M25.4% margin

Net Income

$522M15.7% margin

EPS (Diluted)

$1.49

QoQ Revenue Growth

+23.7%

Cash Flow

Operating Cash Flow

$291M

Free Cash Flow

-$858M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$57.3B

Total Liabilities

$42.6B

Stockholders' Equity

$14.5B

Cash & Equivalents

$259M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$3.8B	-12.2%
Gross Profit	$1.6B	$1.4B	+13.6%
Operating Income	$846M	$750M	+12.9%
Net Income	$522M	$491M	+6.2%

Revenue Segments

Eversource Electric Distribution

$2.3B54%

Natural Gas Distribution

$906M22%

Eversource Electric Transmission

$508M12%

Other

$444M11%

Water Distribution Segment

$50M1%