Eversource Energy (ES) FY2024 results: revenue $11.9 billion, down 0.1% on the year
Eversource Energy (ES) reported revenue of $11.9 billion for fiscal 2024, the year ended 31 December 2024, down 0.1% on the year before. Net income was $812 million, and diluted earnings per share $2.27. The figures are the company's own, from the 10-K it filed with the SEC on 14 February 2025.
Revenue
$11.9 billion
-0.1% on the year
FY2017FY2024
Operating margin
20.2%
20.1% a year earlier
FY2017FY2024
Net income
$812 million
FY2017FY2024
Diluted EPS
$2.27
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
2,160
1,646
2,401
+31.2%
Capital expenditure
4,481
4,337
3,442
+3.3%
Free cash flow
-2,321
-2,691
-1,041
Free cash flow margin
-19.5%
-22.6%
-8.5%
Cash from investing
-4,536
-4,871
-4,130
Cash from financing
2,337
2,869
2,030
-18.6%
Depreciation and amortisation
1,776
816
1,643
+117.8%
Share-based compensation
30.0
27.8
33.4
+7.9%
Dividends paid
1,001
919
860
+9.0%
Dividend per share
$2.86
$2.70
$2.55
+5.9%
Diluted shares, weighted
358m
350m
347m
+2.3%
Shares outstanding at period end
367m
350m
348m
+4.9%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
15,039
14,174
15,473
+6.1%
Debt
26,705
24,413
22,940
+9.4%
Operating lease liabilities
45.7
44.0
47.9
+3.9%
Finance lease liabilities
62.1
67.3
54.2
-7.7%
Other liabilities
17,743
16,914
14,716
+4.9%
Total liabilities and equity
59,595
55,612
53,231
+7.2%
Goodwill
3,571
4,532
4,523
-21.2%
Investments
320
338
367
-5.2%
Cash and equivalents
26.7
53.9
375
-50.5%
Receivables
1,651
1,432
1,517
+15.4%
Other assets
54,025
49,257
46,450
+9.7%
Total assets
59,595
55,612
53,231
+7.2%
10-K for the year ended 31 December 2024, filed 14 February 2025: the filing.