How does Eversource Energy (ES) make money?

Eversource Energy (ES) generates revenue primarily from Eversource Electric Distribution, which accounted for 64.4% of total revenue in TTM through Q1 2026. The company reported $13.93B in revenue and converted 12.5% of it into net profit, equivalent to roughly $1.75B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Eversource Energy (ES)?

Eversource Energy (ES) reported a gross profit margin of 39.9% in TTM through Q1 2026, equivalent to $5.55B in gross profit on $13.93B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Eversource Energy (ES)?

Eversource Energy (ES) reported an operating profit margin of 22.5% in TTM through Q1 2026, equivalent to $3.14B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Eversource Energy (ES)?

Eversource Energy (ES) reported a net profit margin of 12.5% in TTM through Q1 2026, equivalent to $1.75B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Eversource Energy (ES) profitable?

Yes. Eversource Energy (ES) reported $1.75B in net income for TTM through Q1 2026, with a net profit margin of 12.5%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

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

Eversource Energy (ES) spent $4.16B on capital expenditures (CapEx) during TTM through Q1 2026, roughly 29.9% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Eversource Energy (ES) generate?

Eversource Energy (ES) generated $236.71M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 1.7%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Eversource Energy (ES)?

Eversource Energy (ES) had an effective tax rate of 9.2% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Eversource Energy (ES)?

Eversource Energy (ES) reports revenue across 4 reportable product segments, led by Eversource Electric Distribution at 64.4% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How Eversource Energy Makes Money: 2026 Visual Revenue Map

Eversource Energy (ES) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 7, 2026).

Eversource Energy discloses geographic revenue only in annual filings. to view the full breakdown.

Eversource Energy (ES) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Eversource Energy (ES) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Eversource Electric Distribution	$8.97B	64.4%
Natural Gas Distribution	$2.53B	18.1%
Eversource Electric Transmission	$2.21B	15.9%
Water Distribution Segment	$223.40M	1.6%
Total	$13.93B	100%

Eversource Electric Distribution$8.97B
Natural Gas Distribution$2.53B
Eversource Electric Transmission$2.21B
Water Distribution Segment$223.40M
Total$13.93B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Eversource Energy (ES) reports revenue across 4 operating segments; the largest segment was Eversource Electric Distribution at 64.4%, followed by Natural Gas Distribution (18.1%) and Eversource Electric Transmission (15.9%).

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