ES Q3 2024 Earnings — Eversource Energy Revenue & Financial Results | Market Cap Arena

ESEversource Energy

$28B

Q3 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.1B+9.7% YoY

Gross Profit

$877M28.6% margin

Operating Income

$612M20.0% margin

Net Income

-$118M-3.9% margin

EPS (Diluted)

$-0.33

QoQ Revenue Growth

+20.9%

Cash Flow

Operating Cash Flow

$556M

Free Cash Flow

-$515M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$58.6B

Total Liabilities

$43.4B

Stockholders' Equity

$15.0B

Cash & Equivalents

$98M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$2.8B	+9.7%
Gross Profit	$877M	$1.1B	-21.9%
Operating Income	$612M	$531M	+15.4%
Net Income	-$118M	$340M	-134.8%

Revenue Segments

Eversource Electric Distribution

$2.6B67%

Eversource Electric Transmission

$587M15%

Other

$415M11%

Natural Gas Distribution

$220M6%

Water Distribution Segment

$67M2%