How does Eversource Energy (ES) make money?

Eversource Energy (ES) primarily makes money through Eversource Electric Distribution, which accounts for 67% of total revenue. For TTM through Q4 2025, Eversource Energy generated $13.55B in total revenue with a net profit margin of 12.5%.

What is Eversource Energy (ES) gross profit margin?

Eversource Energy (ES) reported a gross profit margin of 47.8% for TTM through Q4 2025, equivalent to $6.48B in gross profit. This means Eversource Energy retains 47.8% of each revenue unit after direct costs of production.

What is Eversource Energy (ES) operating profit margin?

Eversource Energy (ES) reported an operating profit margin of 22.1% for TTM through Q4 2025, equivalent to $2.99B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Eversource Energy (ES) net profit margin?

Eversource Energy (ES) reported a net profit margin of 12.5% for TTM through Q4 2025, equivalent to $1.69B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Eversource Energy (ES) spend on capital expenditures?

Eversource Energy (ES) spent $4.16B on capital expenditures in TTM through Q4 2025 (30.7% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Eversource Energy (ES) free cash flow?

Eversource Energy (ES) generated −$45.10M in free cash flow for TTM through Q4 2025 (-0.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Eversource Energy (ES) effective tax rate?

Eversource Energy (ES) had an effective tax rate of 7.6% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

How Eversource Energy (ES) Makes Money: A Visual Guide

Eversource Energy (ES) generated $13.55B in revenue, earning $1.69B in net profit (12.5% margin). Its largest revenue source is Eversource Electric Distribution (67% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Eversource Energy (ES) Income Statement Flow — TTM through Q4 2025

Calculated from the four most recent reported quarters, ending December 31, 2025 (reported February 17, 2026).

Frequently asked questions

How does Eversource Energy (ES) make money?: Eversource Energy (ES) primarily makes money through Eversource Electric Distribution, which accounts for 67% of total revenue. For TTM through Q4 2025, Eversource Energy generated $13.55B in total revenue with a net profit margin of 12.5%.
What is Eversource Energy (ES) gross profit margin?: Eversource Energy (ES) reported a gross profit margin of 47.8% for TTM through Q4 2025, equivalent to $6.48B in gross profit. This means Eversource Energy retains 47.8% of each revenue unit after direct costs of production.
What is Eversource Energy (ES) operating profit margin?: Eversource Energy (ES) reported an operating profit margin of 22.1% for TTM through Q4 2025, equivalent to $2.99B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Eversource Energy (ES) net profit margin?: Eversource Energy (ES) reported a net profit margin of 12.5% for TTM through Q4 2025, equivalent to $1.69B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Eversource Energy (ES) spend on capital expenditures?: Eversource Energy (ES) spent $4.16B on capital expenditures in TTM through Q4 2025 (30.7% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Eversource Energy (ES) free cash flow?: Eversource Energy (ES) generated −$45.10M in free cash flow for TTM through Q4 2025 (-0.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Eversource Energy (ES) effective tax rate?: Eversource Energy (ES) had an effective tax rate of 7.6% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q4 2025.