Eversource Energy (ES) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.76x

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. Explore reinvestment intensity of Eversource Energy to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.76x
(Capex + Investments) / Operating CF

Total Reinvested

$1.01 Billion
Capex + Investments

Operating Cash Flow

$1.32 Billion
USD

Capital Expenditures

$1.01 Billion
USD

Eversource Energy Cash Flow Reinvestment Rate (1994–2025)

Historical reinvestment intensity for Eversource Energy across 32 annual periods. Also explore total assets of Eversource Energy for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Eversource Energy (1994–2025)

Year-by-year capital reinvestment analysis for Eversource Energy. For live market cap and broader valuation context, see ES market cap overview.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow