Utilities · Electric Utilities

Eversource Energy: revenue, profit and dividends

In fiscal 2025, Eversource Energy had revenue of $13.5B, up 5.5% a year on average since 2015, and net income of $1.69B (12.5% of revenue). Its dividend per share has gone up 11 years in a row, to $3.01. It has 17% more shares than in 2015.

Revenue, fiscal 2025

$13.5B+5.5% a year

average annual revenue growth since 2015 · +13.8% vs 2024

Net income, 2025

$1.69B

12.5% of revenue

Diluted EPS, 2025

$4.56

5.1% a year since 2015

Dividend per share, 2025

$3.01

raised 11 years in a row

Revenue growth, 5 years

8.8% a year

since 2020

Shares, 2025

371M

+16.6% since 2015

Free cash flow, 2025

−$45.1M

$4.11B from operations − $4.16B capex

Ticker: ES · NYSE
Sector: Utilities
Sub-industry: Electric Utilities
Headquarters: Hartford, Connecticut
Founded: 1966
In the S&P 500 since: July 24, 2009
Latest fiscal year: 2025, ended December 31, 2025
SEC filer: Eversource Energy · CIK 0000072741

Revenue and net income

Revenue went from $5.44B in 2009 to $13.5B in 2025. Net loss in 2023.

RevenueNet income

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $1.91 in 2009 to $4.56 in 2025. Ten-year growth: 5.1% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

Raised 11 years in a row, every year from 2015 to 2025. Ten-year growth: 6.1% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

16.6% more shares in 2025 than in 2015 (318M → 371M): new shares outweighed buybacks.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was −$45.1M in 2025, −0.3% of revenue. Negative in 2011–2012, 2015, 2017–2025.

Operating cash flowCapital expenditureFree cash flow

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal year	Revenue	Net income	Net margin	Diluted EPS	Dividend	Shares	Operating cash flow	Capex	Free cash flow
2025	$13.5B	$1.69B	12.5%	$4.56	$3.01	371M	$4.11B	$4.16B	−$45.1M
2024	$11.9B	$812M	6.8%	$2.27	$2.86	358M	$2.16B	$4.48B	−$2.32B
2023	$11.9B	−$442M	−3.7%	−$1.26	$2.70	350M	$1.65B	$4.34B	−$2.69B
2022	$12.3B	$1.4B	11.4%	$4.05	$2.55	347M	$2.4B	$3.44B	−$1.04B
2021	$9.86B	$1.22B	12.4%	$3.54	$2.41	345M	$1.96B	$3.18B	−$1.21B
2020	$8.9B	$1.21B	13.5%	$3.55	$2.27	340M	$1.68B	$2.94B	−$1.26B
2019	$8.53B	$909M	10.7%	$2.81	$2.14	323M	$2.01B	$2.91B	−$902M
2018	$8.45B	$1.03B	12.2%	$3.25	$2.02	318M	$1.83B	$2.57B	−$739M
2017	$7.75B	$988M	12.7%	$3.11	$1.90	318M	$2.0B	$2.35B	−$352M
2016	$7.64B	$942M	12.3%	$2.96	$1.78	318M	$2.21B	$1.98B	$231M
2015	$7.95B	$878M	11.0%	$2.76	$1.67	318M	$1.43B	$1.72B	−$290M
2014	$7.74B	$820M	10.6%	$2.58	$1.57	317M	$1.65B	$1.6B	$48.2M
2013	$7.3B	$786M	10.8%	$2.49	—	316M	$1.66B	$1.46B	$207M
2012	$6.27B	$526M	8.4%	$1.89	—	278M	$1.16B	$1.47B	−$311M
2011	$4.47B	$395M	8.8%	$2.22	—	178M	$970M	$1.08B	−$106M
2010	$4.9B	$388M	7.9%	$2.19	—	177M	$1.09B	$954M	$139M
2009	$5.44B	$330M	6.1%	$1.91	—	173M	$989M	$908M	$81M