Eversource Energy Overview

  • Year Founded
  • 1927

Year Founded

  • Status
  • Public

  • Employees
  • 10,171

Employees

  • Stock Symbol
  • ES

Stock Symbol

  • Investments
  • 13

  • Share Price
  • $63.03
  • (As of Wednesday Closing)

Eversource Energy General Information

Description

Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

Contact Information

Formerly Known As
Public Service of New Hampshire, Western Massachusetts Electric, Northeast Utilities
Ownership Status
Publicly Held
Financing Status
Private Debt Financed
Primary Industry
Multi-Utilities
Other Industries
Electric Utilities
Water Utilities
Gas Utilities
Stock Exchange
NYS
Corporate Office
  • 300 Cadwell Drive
  • Springfield, MA 01104
  • United States
+1 (800) 000-0000

Eversource Energy Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Eversource Energy Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$63.03 $60.82 $52.03 - $74.75 $22.2B 351M 1.98M -$1.18

Eversource Energy Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 47,819,021 47,736,592 51,169,585 50,773,911
Revenue 11,447,605 11,910,705 12,289,336 9,863,085
EBITDA 1,494,169 1,301,927 4,136,880 3,463,976
Net Income (411,552) (442,240) 1,404,875 1,220,527
Total Assets 57,322,225 55,612,245 53,230,900 48,492,144
Total Debt 28,286,945 26,754,377 22,940,025 20,219,036
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Eversource Energy Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Eversource Energy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and wate
Multi-Utilities
Springfield, MA
10,171 As of 2023
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00000-000000000
Jackson, MI
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00000-000000000
Newark, NJ
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00.000
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Eversource Energy Competitors (30)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
CMS Energy Private Debt Financed Jackson, MI 0000 00.000 000000000 00.000
Public Service Enterprise Group Corporation Newark, NJ 00000 00.000 000000000 00 00.000
Xcel Energy Corporation Minneapolis, MN 00000 00.000 000000000 00 00.000
Consolidated Edison Corporation New York, NY 00000 000.00 000000000 00 000.00
NiSource Private Equity-Backed Merrillville, IN 0000 00.000 000000000 00.000
You’re viewing 5 of 30 competitors. Get the full list »

Eversource Energy Patents

Eversource Energy Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-8599031-B2 Systems and methods for stray voltage detection Active 30-Mar-2007 000000000 00
US-20110221602-A1 Systems and methods for stray voltage detection Active 30-Mar-2007 000000000 00

Eversource Energy Executive Team (37)

Name Title Board Seat
Werner Schweiger Executive Vice President & Chief Operating Officer, Operations
Joseph Nolan Jr. Chairman of the Board, President, Chief Executive Officer and a Trustee
John Moreira Executive Vice President, Chief Financial Office and Treasurer
Paul Chodak III Chief Operating Officer, Operations & Executive Vice President
Jay Buth Chief Accounting Officer, Accounting & Controller, Finance
You’re viewing 5 of 37 executive team members. Get the full list »

Eversource Energy Board Members (4)

Name Representing Role Since
Daniel Nova Self Board Member 000 0000
Joseph Nolan Jr. Eversource Energy Chairman of the Board, President, Chief Executive Officer and a Trustee 000 0000
You’re viewing 2 of 4 board members. Get the full list »

Eversource Energy Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Eversource Energy Investments & Acquisitions (13)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Eavor 21-Dec-2023 00000 0000 00000 Alternative Energy Equipment
Columbia Gas of Massachusetts 09-Oct-2020 0000000000 00.00 Gas Utilities 0000000 0
Sunrise Wind 14-Feb-2019 00000 0000 Energy Production 0000 0000
Bay State wind project 08-Feb-2019 000000000 00000 Buildings and Property
Eversource Energy (Three Offshore Wind Farm based in, Rhode Island) 08-Feb-2019 Corporate Asset Purchase 00000 Buildings and Property 0000 0000
You’re viewing 5 of 13 investments and acquisitions. Get the full list »

Eversource Energy Subsidiaries (7)

Company Name Industry Location Founded
Eversource Energy Foundation Foundation Hartford, CT 1998
Eversource Group Health and Welfare Retiree Benefit Plan Corporate Pension Hartford, CT 0000
Eversource Retiree Life Insurance Plan Corporate Pension Hartford, CT 0000
Eversource Retiree Health Plan Corporate Pension Hartford, CT 0000
Eversource Pension Plan Corporate Pension Hartford, CT 0000
You’re viewing 5 of 7 subsidiaries. Get the full list »

Eversource Energy ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

18.08 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,216

Rank

00.00

Percentile

Utilities

Industry

00 of 682

Rank

00.00

Percentile

Multi-Utilities

Subindustry

00 of 105

Rank

00.00

Percentile

To view Eversource Energy’s complete esg history, request access »

Eversource Energy Exits (7)

Company Name Exit Date Exit Type Exit Size Status Buyers
Sunrise Wind 14-Feb-2019 00000 0000000 Completed
  • 2 buyers
Eversource Energy (Three Offshore Wind Farm based in, Rhode Island) 08-Feb-2019 000000000 00000 00 00000 Completed
  • 0000000000 000000
Algal Scientific 25-Apr-2014 00000 00000 00 00.000 Completed
  • 8 buyers
Acumentrics 09-May-2008 00000 00000 00 00.000 Completed
  • 7 buyers
Acumentrics 07-Aug-2006 Later Stage VC 000.00 Completed
  • 6 buyers
You’re viewing 5 of 7 exits. Get the full list »

Eversource Energy FAQs

  • When was Eversource Energy founded?

    Eversource Energy was founded in 1927.

  • Who is the CEO of Eversource Energy?

    Werner Schweiger and Joseph Nolan Jr. are the CEOs of Eversource Energy.

  • Where is Eversource Energy headquartered?

    Eversource Energy is headquartered in Springfield, MA.

  • What is the size of Eversource Energy?

    Eversource Energy has 10,171 total employees.

  • What industry is Eversource Energy in?

    Eversource Energy’s primary industry is Multi-Utilities.

  • Is Eversource Energy a private or public company?

    Eversource Energy is a Public company.

  • What is Eversource Energy’s stock symbol?

    The ticker symbol for Eversource Energy is ES.

  • What is the current stock price of Eversource Energy?

    As of 24-Jul-2024 the stock price of Eversource Energy is $63.03.

  • What is the current market cap of Eversource Energy?

    The current market capitalization of Eversource Energy is $22.2B.

  • What is Eversource Energy’s current revenue?

    The trailing twelve month revenue for Eversource Energy is $11.4B.

  • Who are Eversource Energy’s competitors?

    CMS Energy, Public Service Enterprise Group, Xcel Energy, Consolidated Edison, and NiSource are some of the 30 competitors of Eversource Energy.

  • What is Eversource Energy’s annual earnings per share (EPS)?

    Eversource Energy’s EPS for 12 months was -$1.18.

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