Eversource Energy Capital Reinvestment Ratio
Eversource Energy capital reinvestment ratio. 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 (ES) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Eversource Energy (1994–2025)
Capital reinvestment ratio of Eversource Energy from 1994 to 2025. This chart tracks Eversource Energy's Capital Reinvestment Ratio across 32 annual periods. See Eversource Energy leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
Eversource Energy Capital Reinvestment Ratio by Year (1994–2025)
Eversource Energy capital reinvestment ratio by year from 1994 to 2025. For the full cash flow conversion analysis, see ES operating cash flow.
| 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 | — |