ES Q2 2024 Earnings — Eversource Energy Revenue & Financial Results | Market Cap Arena

ESEversource Energy

$28B

Q2 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.5B-3.6% YoY

Gross Profit

$842M33.2% margin

Operating Income

$602M23.8% margin

Net Income

$335M13.2% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

-24.0%

Cash Flow

Operating Cash Flow

$671M

Free Cash Flow

-$401M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$58.4B

Total Liabilities

$43.4B

Stockholders' Equity

$14.8B

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.6B	-3.6%
Gross Profit	$842M	$1.0B	-19.1%
Operating Income	$602M	$561M	+7.5%
Net Income	$335M	$15M	+2074.4%

Revenue Segments

Eversource Electric Distribution

$2.0B59%

Eversource Electric Transmission

$534M16%

Other

$395M12%

Natural Gas Distribution

$394M12%

Water Distribution Segment

$60M2%