Eversource Energy (ES) — Capital Reinvestment Ratio
Latest as of March 2026:
0.76x
Eversource Energy (ES) has a Capital Reinvestment Ratio of 0.76x as of March 2026, meaning it reinvests 1% of its operating cash flow ($1.32 Billion) in capital expenditures ($1.01 Billion). See Eversource Energy free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.76x
Capex / Operating Cash Flow
Operating Cash Flow
$1.32 Billion
USD
Capital Expenditures
$1.01 Billion
USD
Data as of
Mar 2026
Most recent filing
Eversource Energy Capital Reinvestment Ratio (1994–2025)
This chart tracks Eversource Energy's Capital Reinvestment Ratio across 32 annual periods.
Annual Capital Reinvestment Ratio for Eversource Energy (1994–2025)
Year-by-year Capital Reinvestment Ratio for Eversource Energy from 1994 to 2025. For live market cap and broader valuation context, see ES stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 3.54x | $1.18 Billion | $4.16 Billion | ▲ +70.5% |
| 2024 | 2.07x | $2.16 Billion | $4.48 Billion | ▼ -21.3% |
| 2023 | 2.63x | $1.65 Billion | $4.34 Billion | ▲ +83.8% |
| 2022 | 1.43x | $2.40 Billion | $3.44 Billion | ▼ -11.4% |
| 2021 | 1.62x | $1.96 Billion | $3.18 Billion | ▼ -7.5% |
| 2020 | 1.75x | $1.68 Billion | $2.94 Billion | ▲ +20.7% |
| 2019 | 1.45x | $2.01 Billion | $2.91 Billion | ▲ +2.4% |
| 2018 | 1.41x | $1.78 Billion | $2.52 Billion | ▲ +20.8% |
| 2017 | 1.17x | $2.00 Billion | $2.35 Billion | ▲ +28.9% |
| 2016 | 0.91x | $2.18 Billion | $1.98 Billion | ▼ -24.9% |
| 2015 | 1.21x | $1.42 Billion | $1.72 Billion | ▲ +23.5% |
| 2014 | 0.98x | $1.64 Billion | $1.60 Billion | ▲ +12.0% |
| 2013 | 0.88x | $1.66 Billion | $1.46 Billion | ▼ -30.9% |
| 2012 | 1.27x | $1.16 Billion | $1.47 Billion | ▲ +14.3% |
| 2011 | 1.11x | $970.39 Million | $1.08 Billion | ▲ +27.1% |
| 2010 | 0.87x | $1.09 Billion | $954.47 Million | ▼ -4.9% |
| 2009 | 0.92x | $989.12 Million | $908.15 Million | ▼ -52.5% |
| 2008 | 1.93x | $649.42 Million | $1.26 Billion | ▼ -56.9% |
| 2007 | 4.49x | $248.44 Million | $1.11 Billion | ▲ +109.4% |
| 2006 | 2.14x | $407.07 Million | $872.18 Million | ▲ +21.9% |
| 2005 | 1.76x | $441.20 Million | $775.36 Million | ▲ +41.1% |
| 2004 | 1.25x | $517.07 Million | $643.82 Million | ▲ +34.2% |
| 2003 | 0.93x | $573.57 Million | $532.25 Million | ▲ +21.3% |
| 2002 | 0.77x | $612.64 Million | $468.84 Million | ▼ -34.9% |
| 2001 | 1.17x | $376.74 Million | $442.59 Million | ▲ +64.1% |
| 2000 | 0.72x | $578.38 Million | $414.02 Million | ▲ +33.4% |
| 1999 | 0.54x | $614.20 Million | $329.60 Million | ▲ +57.9% |
| 1998 | 0.34x | $688.70 Million | $234.00 Million | ▼ -46.7% |
| 1997 | 0.64x | $377.20 Million | $240.30 Million | ▲ +118.8% |
| 1996 | 0.29x | $815.50 Million | $237.40 Million | ▲ +3.0% |
| 1995 | 0.28x | $883.30 Million | $249.70 Million | ▼ -9.7% |
| 1994 | 0.31x | $920.90 Million | $288.20 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow