EVERSOURCE ENERGY
ES · Electric Services · 376.1M shares · +2%/yr ↑ shares · EDGAR filings ↗
Reference price $69.88 · est. market cap ~$26.3B — last insider sale, 2026-06-04 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C67Large regulated electric utility with mid-pack returns recovering off prior-year offshore-wind charges.
Strengths
- Net income +107% (94.9th pct) rebound and above-median revenue growth (13.8%, 76.7th pct)
- Long cash runway (40 quarters, 95th pct) and solid OCF margin (30.4%)
Risks
- Mid-pack ROE (10.5%, below ~13% B threshold) and low ROA (2.7%); high leverage (D/E 1.66, 80.8th pct)
- Negative FCF and tight liquidity (current ratio 0.65)
Notable findings
- Cash burnNegative free cash flow (-45.1M)
- Weak liquidityCurrent ratio 0.65 (<1)
- Strong balance sheetStrong balance sheet — $453M cash & investments, ~40 quarters of runway
- Insider sellingInsider selling — 10 open-market sale(s) by 7 insider(s) (cluster of 7 insiders, ~$3M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
22.1%
Net margin
12.5%
Return on equity
10.5%
Return on assets
2.7%
ROIC
5.5%
Revenue growth (QoQ)
33.7%
Net-income growth
107.5%
Debt / equity
1.7×
Net debt / EBITDA
4.9×
Current ratio
0.7×
Free cash flow
-$45M
EBITDA
$5.4B
Tangible book value
$12.0B
Cash & investments
$453M
Cash runway
40q
Stock comp / revenue
0.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-04 | BUTLER GREGORY B | Sell | 7.0K | $69.88 |
| 2026-05-14 | BUTH JAY S. | I | 407 | $68.81 |
| 2026-05-08 | Mudge W Robert | Buy | 750 | $66.48 |
| 2026-03-06 | NOLAN JOSEPH R JR | Gift | 95K | — |
| 2026-03-04 | Conner Penelope M | Sell | 1.4K | $75.00 |
| 2026-02-24 | CLEVELAND COTTON M | Sell | 2.6K | $74.87 |
| 2026-02-23 | Kim John Y | Sell | 6.3K | $74.49 |
| 2026-02-20 | Kim John Y | Sell | 6.0K | $73.56 |
| 2026-02-19 | Moreira John M. | Sell | 7.8K | $73.90 |
| 2026-02-19 | Kim John Y | Grant | 3.3K | — |
| 2026-02-19 | Kim John Y | Sell | 6.0K | $73.57 |
| 2026-02-18 | FORRY LINDA DORCENA | Sell | 1.6K | $73.05 |
| 2026-02-18 | FORRY LINDA DORCENA | Sell | 981 | $73.07 |
| 2026-02-17 | Williams Frederica M | Sell | 2.6K | $73.32 |
| 2026-02-12 | Moreira John M. | Tax withheld | 5.1K | $70.22 |
| 2026-02-12 | Sgroi Susan | Tax withheld | 837 | $70.22 |
| 2026-02-12 | NOLAN JOSEPH R JR | Tax withheld | 40K | $70.22 |
| 2026-02-12 | Hunt James W III | Tax withheld | 4.5K | $70.22 |
| 2026-02-12 | Conner Penelope M | Tax withheld | 1.9K | $70.22 |
| 2026-02-12 | CHODAK PAUL III | Tax withheld | 5.9K | $70.22 |
| 2026-02-12 | BUTLER GREGORY B | Tax withheld | 4.8K | $70.22 |
| 2026-02-12 | BUTH JAY S. | Tax withheld | 335 | $70.22 |
| 2026-01-27 | Conner Penelope M | Grant | 3.0K | — |
| 2026-01-27 | BUTLER GREGORY B | Grant | 6.7K | — |
| 2026-01-27 | CHODAK PAUL III | Grant | 5.5K | — |
| 2026-01-27 | BUTH JAY S. | Grant | 1.2K | — |
| 2026-01-27 | BUTLER GREGORY B | Grant | 6.0K | — |
| 2026-01-27 | BUTH JAY S. | Grant | 1.5K | — |
| 2026-01-27 | BUTH JAY S. | Grant | 1.3K | — |
| 2026-01-27 | Sgroi Susan | Grant | 4.3K | — |
| 2026-01-27 | NOLAN JOSEPH R JR | Grant | 36K | — |
| 2026-01-27 | NOLAN JOSEPH R JR | Grant | 40K | — |
| 2026-01-27 | Moreira John M. | Grant | 8.9K | — |
| 2026-01-27 | Moreira John M. | Grant | 9.5K | — |
| 2026-01-27 | Hunt James W III | Grant | 4.3K | — |
| 2026-01-27 | Hunt James W III | Grant | 3.9K | — |
| 2026-01-27 | Conner Penelope M | Grant | 3.2K | — |
| 2026-01-27 | Conner Penelope M | Grant | 3.3K | — |
| 2026-01-27 | CHODAK PAUL III | Grant | 7.8K | — |
| 2026-01-27 | NOLAN JOSEPH R JR | Grant | 35K | — |
| 2026-01-27 | Moreira John M. | Grant | 8.4K | — |
| 2026-01-27 | CHODAK PAUL III | Grant | 6.1K | — |
| 2026-01-27 | Hunt James W III | Grant | 3.5K | — |
| 2026-01-27 | BUTLER GREGORY B | Grant | 5.0K | — |
| 2026-01-16 | CLEVELAND COTTON M | Grant | 2.6K | — |
| 2026-01-16 | Williams Frederica M | Grant | 2.6K | — |
| 2026-01-16 | NOVA DANIEL J | Grant | 2.6K | — |
| 2026-01-16 | Mudge W Robert | Grant | 2.6K | — |
| 2026-01-16 | Long David H. | Grant | 2.6K | — |
| 2026-01-16 | Kim John Y | Grant | 2.6K | — |
| 2026-01-16 | Keane Loretta D. | Grant | 2.6K | — |
| 2026-01-16 | Jones Gregory M | Grant | 2.6K | — |
| 2026-01-16 | FORRY LINDA DORCENA | Grant | 2.6K | — |
| 2025-11-13 | CHODAK PAUL III | Tax withheld | 2.8K | $73.61 |
| 2025-11-12 | BUTLER GREGORY B | Sell | 5.0K | $73.08 |
| 2025-11-10 | NOLAN JOSEPH R JR | Gift | 2.4K | — |
| 2025-11-07 | Hunt James W III | Gift | 429 | — |
| 2025-11-07 | NOLAN JOSEPH R JR | Gift | 1.0K | — |
| 2025-11-07 | Hunt James W III | Sell | 4.1K | $72.77 |
| 2025-11-06 | NOLAN JOSEPH R JR | Gift | 1.6K | — |
| 2025-08-29 | Conner Penelope M | Sell | 1.9K | $64.50 |
| 2025-08-28 | Conner Penelope M | Sell | 1.9K | $64.26 |
| 2025-08-22 | Keane Loretta D. | Buy | 3.8K | $66.07 |
| 2025-05-20 | Conner Penelope M | Sell | 2.6K | $64.00 |
| 2025-02-28 | BUTLER GREGORY B | Sell | 12K | $62.68 |
| 2025-02-26 | CLEVELAND COTTON M | Sell | 7.7K | $63.50 |
| 2025-02-26 | Conner Penelope M | Sell | 1.0K | $63.63 |
| 2025-02-21 | Hunt James W III | Tax withheld | 606 | $63.38 |
| 2025-02-21 | BUTH JAY S. | Sell | 980 | $62.99 |
| 2025-02-21 | BUTH JAY S. | I | 529 | $63.37 |
| 2025-02-20 | NOLAN JOSEPH R JR | Gift | 2.0K | — |
| 2025-02-20 | FORRY LINDA DORCENA | Sell | 1.0K | $63.05 |
| 2025-02-19 | Williams Frederica M | Sell | 3.1K | $62.26 |
| 2025-02-19 | BUTH JAY S. | Tax withheld | 452 | $61.54 |
| 2025-02-18 | NOLAN JOSEPH R JR | Tax withheld | 40K | $61.54 |
| 2025-02-18 | Sgroi Susan | Tax withheld | 803 | $61.54 |
| 2025-02-18 | Moreira John M. | Tax withheld | 2.2K | $61.54 |
| 2025-02-18 | Hunt James W III | Tax withheld | 1.7K | $61.54 |
| 2025-02-18 | Conner Penelope M | Tax withheld | 2.0K | $61.54 |
| 2025-02-18 | CHODAK PAUL III | Tax withheld | 2.9K | $61.54 |
| 2025-02-18 | BUTLER GREGORY B | Tax withheld | 5.1K | $61.54 |
| 2025-02-18 | FORRY LINDA DORCENA | Sell | 2.1K | $60.76 |
| 2025-01-29 | Sgroi Susan | Grant | 4.5K | — |
| 2025-01-29 | NOLAN JOSEPH R JR | Grant | 38K | — |
| 2025-01-29 | NOLAN JOSEPH R JR | Grant | 42K | — |
| 2025-01-29 | Moreira John M. | Grant | 10K | — |
| 2025-01-29 | Moreira John M. | Grant | 2.2K | — |
| 2025-01-29 | Hunt James W III | Grant | 4.5K | — |
| 2025-01-29 | Hunt James W III | Grant | 4.3K | — |
| 2025-01-29 | CHODAK PAUL III | Grant | 9.2K | — |
| 2025-01-29 | CHODAK PAUL III | Grant | 4.1K | — |
| 2025-01-29 | BUTLER GREGORY B | Grant | 5.9K | — |
| 2025-01-29 | BUTLER GREGORY B | Grant | 8.2K | — |
| 2025-01-29 | Conner Penelope M | Grant | 3.8K | — |
| 2025-01-29 | Conner Penelope M | Grant | 4.1K | — |
| 2025-01-29 | BUTH JAY S. | Grant | 1.3K | — |
| 2025-01-29 | BUTH JAY S. | Grant | 1.8K | — |
| 2025-01-15 | Williams Frederica M | Grant | 3.1K | — |
| 2025-01-15 | NOVA DANIEL J | Grant | 3.1K | — |
| 2025-01-15 | Long David H. | Grant | 3.1K | — |
| 2025-01-15 | Kim John Y | Grant | 3.1K | — |
| 2025-01-15 | Keane Loretta D. | Grant | 3.1K | — |
| 2025-01-15 | Jones Gregory M | Grant | 3.1K | — |
| 2025-01-15 | FORRY LINDA DORCENA | Grant | 3.1K | — |
| 2025-01-15 | CLEVELAND COTTON M | Grant | 3.1K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-02-26 | Debt obligationExhibits | filing ↗ |
| 2025-12-05 | Exec/director changeExhibits | filing ↗ |
| 2025-11-24 | OtherExhibits | filing ↗ |
| 2025-10-17 | Debt obligationExhibits | filing ↗ |
| 2025-10-14 | ResultsOtherExhibits | filing ↗ |
| 2025-05-30 | OtherExhibits | filing ↗ |
| 2025-01-28 | Reg FDOtherExhibits | filing ↗ |
| 2024-12-06 | Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-02-26 | 2026-02-26 | 0001104659-26-020565 ↗ |
| 8-K | 2025-12-05 | 2025-12-03 | 0001104659-25-118895 ↗ |
| 8-K | 2025-11-24 | 2025-11-21 | 0001104659-25-115105 ↗ |
| 8-K | 2025-10-17 | 2025-10-17 | 0001104659-25-100405 ↗ |
| 8-K | 2025-10-14 | 2025-10-14 | 0001104659-25-098981 ↗ |
| 8-K | 2025-05-30 | 2025-05-30 | 0001104659-25-054900 ↗ |
| 8-K | 2025-01-28 | 2025-01-27 | 0001104659-25-006447 ↗ |
| 8-K | 2024-12-06 | 2024-12-03 | 0001104659-24-126307 ↗ |
| 8-K | 2024-09-30 | 2024-09-30 | 0001104659-24-104387 ↗ |
| 8-K | 2024-04-18 | 2024-04-18 | 0001104659-24-048834 ↗ |
| 8-K | 2024-02-29 | 2024-02-29 | 0001104659-24-029234 ↗ |
| 8-K | 2024-02-14 | 2024-02-13 | 0001104659-24-022555 ↗ |