Eversource Energy
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company also operates regulated water util… Read more
Eversource Energy (ES) - Net Assets
Latest net assets as of December 2025: $16.35 Billion USD
Based on the latest financial reports, Eversource Energy (ES) has net assets worth $16.35 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($63.79 Billion) and total liabilities ($47.43 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.35 Billion |
| % of Total Assets | 25.64% |
| Annual Growth Rate | 5.72% |
| 5-Year Change | 10.83% |
| 10-Year Change | 50.48% |
| Growth Volatility | 24.73 |
Eversource Energy - Net Assets Trend (1994–2025)
This chart illustrates how Eversource Energy's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eversource Energy (1994–2025)
The table below shows the annual net assets of Eversource Energy from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $16.35 Billion | -24.85% |
| 2024-12-31 | $21.76 Billion | +51.86% |
| 2023-12-31 | $14.33 Billion | -8.31% |
| 2022-12-31 | $15.63 Billion | +5.92% |
| 2021-12-31 | $14.76 Billion | +3.77% |
| 2020-12-31 | $14.22 Billion | +11.21% |
| 2019-12-31 | $12.79 Billion | +9.82% |
| 2018-12-31 | $11.64 Billion | +3.56% |
| 2017-12-31 | $11.24 Billion | +3.45% |
| 2016-12-31 | $10.87 Billion | +3.42% |
| 2015-12-31 | $10.51 Billion | +3.70% |
| 2014-12-31 | $10.13 Billion | +3.74% |
| 2013-12-31 | $9.77 Billion | +3.99% |
| 2012-12-31 | $9.39 Billion | +127.32% |
| 2011-12-31 | $4.13 Billion | +8.37% |
| 2010-12-31 | $3.81 Billion | +6.56% |
| 2009-12-31 | $3.58 Billion | +14.07% |
| 2008-12-31 | $3.14 Billion | +3.51% |
| 2007-12-31 | $3.03 Billion | +3.97% |
| 2006-12-31 | $2.91 Billion | +14.49% |
| 2005-12-31 | $2.55 Billion | +5.49% |
| 2004-12-31 | $2.41 Billion | +1.37% |
| 2003-12-31 | $2.38 Billion | +2.30% |
| 2002-12-31 | $2.33 Billion | +4.16% |
| 2001-12-31 | $2.23 Billion | -9.55% |
| 2000-12-31 | $2.47 Billion | +1.19% |
| 1999-12-31 | $2.44 Billion | -0.42% |
| 1998-12-31 | $2.45 Billion | -6.06% |
| 1997-12-31 | $2.61 Billion | -6.45% |
| 1996-12-31 | $2.79 Billion | -6.89% |
| 1995-12-31 | $3.00 Billion | +2.62% |
| 1994-12-31 | $2.92 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eversource Energy's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 375.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.50 Billion | 27.81% |
| Common Stock | $1.91 Billion | 11.82% |
| Other Comprehensive Income | $-20.51 Million | -0.13% |
| Other Components | $9.80 Billion | 60.49% |
| Total Equity | $16.20 Billion | 100.00% |
Eversource Energy Competitors by Market Cap
The table below lists competitors of Eversource Energy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Imperial Brands PLC
OTCQX:IMBBY
|
$27.15 Billion |
|
Natera Inc
NASDAQ:NTRA
|
$27.27 Billion |
|
Advantest Corporation
PINK:ADTTF
|
$27.29 Billion |
|
Universal Music Group N.V.
PINK:UMGNF
|
$27.29 Billion |
|
Elbit Systems Ltd
NASDAQ:ESLT
|
$27.13 Billion |
|
Biogen Inc
NASDAQ:BIIB
|
$27.11 Billion |
|
IQVIA Holdings Inc
NYSE:IQV
|
$27.11 Billion |
|
China Tower Corporation Limited
PINK:CTOWY
|
$27.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eversource Energy's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,760,739,000 to 16,197,271,000, a change of -5,563,468,000 (-25.6%).
- Net income of 1,692,372,000 contributed positively to equity growth.
- Dividend payments of 1,340,500,000 reduced retained earnings.
- Share repurchases of 465,389,000 reduced equity.
- New share issuances of 465,389,000 increased equity.
- Other comprehensive income increased equity by 5,965,000.
- Other factors decreased equity by 5,921,305,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.69 Billion | +10.45% |
| Dividends Paid | $1.34 Billion | -8.28% |
| Share Repurchases | $465.39 Million | -2.87% |
| Share Issuances | $465.39 Million | +2.87% |
| Other Comprehensive Income | $5.96 Million | +0.04% |
| Other Changes | $-5.92 Billion | -36.56% |
| Total Change | $- | -25.57% |
Book Value vs Market Value Analysis
This analysis compares Eversource Energy's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.10x to 1.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $23.40 | $72.44 | x |
| 1995-12-31 | $22.97 | $72.44 | x |
| 1996-12-31 | $20.98 | $72.44 | x |
| 1997-12-31 | $19.42 | $72.44 | x |
| 1998-12-31 | $17.95 | $72.44 | x |
| 1999-12-31 | $17.73 | $72.44 | x |
| 2000-12-31 | $16.69 | $72.44 | x |
| 2001-12-31 | $16.44 | $72.44 | x |
| 2002-12-31 | $18.02 | $72.44 | x |
| 2003-12-31 | $18.71 | $72.44 | x |
| 2004-12-31 | $18.79 | $72.44 | x |
| 2005-12-31 | $19.34 | $72.44 | x |
| 2006-12-31 | $18.91 | $72.44 | x |
| 2007-12-31 | $19.51 | $72.44 | x |
| 2008-12-31 | $19.36 | $72.44 | x |
| 2009-12-31 | $20.72 | $72.44 | x |
| 2010-12-31 | $21.55 | $72.44 | x |
| 2011-12-31 | $22.57 | $72.44 | x |
| 2012-12-31 | $33.23 | $72.44 | x |
| 2013-12-31 | $30.40 | $72.44 | x |
| 2014-12-31 | $31.43 | $72.44 | x |
| 2015-12-31 | $32.51 | $72.44 | x |
| 2016-12-31 | $33.64 | $72.44 | x |
| 2017-12-31 | $34.86 | $72.44 | x |
| 2018-12-31 | $36.12 | $72.44 | x |
| 2019-12-31 | $39.11 | $72.44 | x |
| 2020-12-31 | $41.38 | $72.44 | x |
| 2021-12-31 | $42.36 | $72.44 | x |
| 2022-12-31 | $44.56 | $72.44 | x |
| 2023-12-31 | $40.55 | $72.44 | x |
| 2024-12-31 | $60.82 | $72.44 | x |
| 2025-12-31 | $43.63 | $72.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eversource Energy utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.45%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.49%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 3.94x
- Recent ROE (10.45%) is above the historical average (6.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 11.30% | 9.06% | 0.34x | 3.63x | $37.99 Million |
| 1995 | 11.11% | 8.58% | 0.36x | 3.65x | $32.22 Million |
| 1996 | 1.32% | 0.94% | 0.35x | 3.99x | $-233.33 Million |
| 1997 | -4.20% | -2.75% | 0.37x | 4.15x | $-356.32 Million |
| 1998 | -5.12% | -3.19% | 0.36x | 4.42x | $-355.42 Million |
| 1999 | 2.44% | 1.27% | 0.46x | 4.14x | $-177.08 Million |
| 2000 | -0.61% | -0.25% | 0.58x | 4.31x | $-251.40 Million |
| 2001 | 11.23% | 3.65% | 0.67x | 4.63x | $27.38 Million |
| 2002 | 6.78% | 3.02% | 0.48x | 4.63x | $-75.00 Million |
| 2003 | 5.12% | 2.01% | 0.54x | 4.71x | $-116.06 Million |
| 2004 | 5.06% | 1.83% | 0.57x | 4.83x | $-119.14 Million |
| 2005 | -9.74% | -3.35% | 0.59x | 4.94x | $-502.47 Million |
| 2006 | 16.34% | 6.92% | 0.61x | 3.88x | $184.70 Million |
| 2007 | 8.13% | 4.23% | 0.50x | 3.82x | $-56.52 Million |
| 2008 | 8.64% | 4.50% | 0.41x | 4.63x | $-41.20 Million |
| 2009 | 9.38% | 6.17% | 0.39x | 3.93x | $-22.20 Million |
| 2010 | 10.18% | 7.92% | 0.34x | 3.80x | $6.83 Million |
| 2011 | 9.84% | 8.84% | 0.29x | 3.90x | $-6.57 Million |
| 2012 | 5.69% | 8.38% | 0.22x | 3.06x | $-397.76 Million |
| 2013 | 8.18% | 10.77% | 0.26x | 2.89x | $-175.15 Million |
| 2014 | 8.21% | 10.59% | 0.26x | 2.98x | $-178.14 Million |
| 2015 | 8.49% | 11.04% | 0.26x | 2.95x | $-156.74 Million |
| 2016 | 8.80% | 12.34% | 0.24x | 2.99x | $-128.87 Million |
| 2017 | 8.91% | 12.75% | 0.21x | 3.27x | $-120.63 Million |
| 2018 | 8.99% | 12.23% | 0.22x | 3.33x | $-115.68 Million |
| 2019 | 7.20% | 10.66% | 0.21x | 3.26x | $-353.95 Million |
| 2020 | 8.57% | 13.53% | 0.19x | 3.28x | $-201.19 Million |
| 2021 | 8.36% | 12.37% | 0.20x | 3.32x | $-239.46 Million |
| 2022 | 9.08% | 11.43% | 0.23x | 3.44x | $-142.44 Million |
| 2023 | -3.12% | -3.71% | 0.21x | 3.92x | $-1.86 Billion |
| 2024 | 3.73% | 6.82% | 0.20x | 2.74x | $-1.36 Billion |
| 2025 | 10.45% | 12.49% | 0.21x | 3.94x | $72.64 Million |
Industry Comparison
This section compares Eversource Energy's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $19,749,720,789
- Average return on equity (ROE) among peers: 9.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eversource Energy (ES) | $16.35 Billion | 11.30% | 2.90x | $27.14 Billion |
| Aboitiz Equity Ventures Inc (ABOIF) | $21.34 Billion | 14.80% | 0.79x | $1.55 Billion |
| Ameren Corp (AEE) | $4.55 Billion | 11.50% | 2.12x | $30.51 Billion |
| American Electric Power Co Inc (AEP) | $26.99 Billion | 10.99% | 2.82x | $71.56 Billion |
| Avangrid Inc (AGR) | $500.50 Million | 10.07% | 2.97x | $2.56 Billion |
| Central Puerto S.A. (CEPU) | $4.66 Billion | 28.55% | 1.05x | $2.49 Billion |
| CLP Holdings Ltd (CLPHY) | $125.97 Billion | 9.20% | 0.86x | $14.34 Billion |
| CMS Energy Corporation (CMS) | $2.46 Billion | 11.28% | 5.30x | $23.53 Billion |
| CenterPoint Energy Inc (CNP) | $8.35 Billion | -9.26% | 3.01x | $27.76 Billion |
| The Connecticut Light and Power Company (CNTHP) | $2.55 Billion | -9.96% | 3.94x | $506.99K |
| Caribbean Utilities Company Ltd (CUPUF) | $133.72 Million | 17.09% | 1.34x | $224.77 Million |