ES Q4 2023 Earnings — Eversource Energy Revenue & Financial Results | Market Cap Arena

ESEversource Energy

$28B

Q4 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.7B-11.1% YoY

Gross Profit

$1.2B46.2% margin

Operating Income

$559M20.7% margin

Net Income

-$1.3B-47.8% margin

EPS (Diluted)

$-3.68

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

$477M

Free Cash Flow

-$734M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$55.6B

Total Liabilities

$41.3B

Stockholders' Equity

$14.2B

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$3.0B	-11.1%
Gross Profit	$1.2B	$1.2B	-0.1%
Operating Income	$559M	$522M	+7.0%
Net Income	-$1.3B	$320M	-502.5%

Revenue Segments

Eversource Electric Distribution

$2.0B57%

Natural Gas Distribution

$546M16%

Eversource Electric Transmission

$452M13%

Other

$419M12%

Water Distribution Segment

$52M2%