ES Q2 2023 Earnings — Eversource Energy Revenue & Financial Results | Market Cap Arena

ESEversource Energy

$28B

Q2 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.6B+2.2% YoY

Gross Profit

$1.0B39.6% margin

Operating Income

$561M21.3% margin

Net Income

$15M0.6% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-30.7%

Cash Flow

Operating Cash Flow

$578M

Free Cash Flow

-$484M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$54.5B

Total Liabilities

$38.8B

Stockholders' Equity

$15.6B

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.6B	+2.2%
Gross Profit	$1.0B	$1.2B	-11.8%
Operating Income	$561M	$456M	+23.1%
Net Income	$15M	$292M	-94.7%

Revenue Segments

Eversource Electric Distribution

$2.1B60%

Eversource Electric Transmission

$480M14%

Natural Gas Distribution

$411M12%

Other

$409M12%

Water Distribution Segment

$61M2%