Eversource Energy (ES) — Cash Flow Reinvestment Rate
Eversource Energy (ES) has a Cash Flow Reinvestment Rate of 0.76x as of March 2026, reinvesting $1.01 Billion (capex $1.01 Billion ) from operating cash flow of $1.32 Billion. See Eversource Energy free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Eversource Energy Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for Eversource Energy across 32 annual periods. For the full cash flow conversion analysis, see Eversource Energy cash conversion from operations.
Annual Cash Flow Reinvestment Rate for Eversource Energy (1994–2025)
Year-by-year capital reinvestment analysis for Eversource Energy. See ES financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 3.56x | $4.18 Billion | $1.18 Billion | $4.16 Billion | ▼ -14.8% |
| 2024 | 4.17x | $9.02 Billion | $2.16 Billion | $4.48 Billion | ▼ -25.4% |
| 2023 | 5.59x | $9.21 Billion | $1.65 Billion | $4.34 Billion | ▲ +223.6% |
| 2022 | 1.73x | $4.15 Billion | $2.40 Billion | $3.44 Billion | ▼ -2.2% |
| 2021 | 1.77x | $3.47 Billion | $1.96 Billion | $3.18 Billion | ▼ -5.6% |
| 2020 | 1.87x | $3.15 Billion | $1.68 Billion | $2.94 Billion | ▲ +14.1% |
| 2019 | 1.64x | $3.30 Billion | $2.01 Billion | $2.91 Billion | ▲ +7.0% |
| 2018 | 1.53x | $2.74 Billion | $1.78 Billion | $2.52 Billion | ▲ +30.4% |
| 2017 | 1.18x | $2.36 Billion | $2.00 Billion | $2.35 Billion | ▼ -38.0% |
| 2016 | 1.90x | $4.13 Billion | $2.18 Billion | $1.98 Billion | ▲ +49.6% |
| 2015 | 1.27x | $1.81 Billion | $1.42 Billion | $1.72 Billion | ▲ +29.2% |
| 2014 | 0.98x | $1.61 Billion | $1.64 Billion | $1.60 Billion | ▲ +12.1% |
| 2013 | 0.88x | $1.46 Billion | $1.66 Billion | $1.46 Billion | ▼ -30.9% |
| 2012 | 1.27x | $1.47 Billion | $1.16 Billion | $1.47 Billion | ▲ +14.3% |
| 2011 | 1.11x | $1.08 Billion | $970.39 Million | $1.08 Billion | ▲ +27.1% |
| 2010 | 0.87x | $954.47 Million | $1.09 Billion | $954.47 Million | ▼ -4.9% |
| 2009 | 0.92x | $908.15 Million | $989.12 Million | $908.15 Million | ▼ -52.5% |
| 2008 | 1.93x | $1.26 Billion | $649.42 Million | $1.26 Billion | ▼ -56.9% |
| 2007 | 4.49x | $1.11 Billion | $248.44 Million | $1.11 Billion | ▲ +109.4% |
| 2006 | 2.14x | $872.18 Million | $407.07 Million | $872.18 Million | ▲ +21.9% |
| 2005 | 1.76x | $775.36 Million | $441.20 Million | $775.36 Million | ▲ +41.1% |
| 2004 | 1.25x | $643.82 Million | $517.07 Million | $643.82 Million | ▲ +34.2% |
| 2003 | 0.93x | $532.25 Million | $573.57 Million | $532.25 Million | ▲ +21.3% |
| 2002 | 0.77x | $468.84 Million | $612.64 Million | $468.84 Million | ▼ -34.9% |
| 2001 | 1.17x | $442.59 Million | $376.74 Million | $442.59 Million | ▲ +64.1% |
| 2000 | 0.72x | $414.02 Million | $578.38 Million | $414.02 Million | ▲ +33.4% |
| 1999 | 0.54x | $329.60 Million | $614.20 Million | $329.60 Million | ▲ +57.9% |
| 1998 | 0.34x | $234.00 Million | $688.70 Million | $234.00 Million | ▼ -46.7% |
| 1997 | 0.64x | $240.30 Million | $377.20 Million | $240.30 Million | ▲ +118.8% |
| 1996 | 0.29x | $237.40 Million | $815.50 Million | $237.40 Million | ▲ +3.0% |
| 1995 | 0.28x | $249.70 Million | $883.30 Million | $249.70 Million | ▼ -9.7% |
| 1994 | 0.31x | $288.20 Million | $920.90 Million | $288.20 Million | — |