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Eversource Energy

  • Revenue$9.9 BFY, 2021
  • Market Capitalization$30.3 B2022-07-29

OverviewSuggest Edit

Eversource Energy is a company engaged in the energy delivery business. It has expertise in distribution, transmission, conservation, and renewable energy programs. The company has several regulated subsidiaries offering retail electricity and natural gas services.

TypePublic
Founded1966
HQWestwood, MA, USMap
Websiteeversource.com
Employee Ratings3.8
Overall CultureB+More
View Jobs (686)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2021)9,227
Job Openings686
Revenue (FY, 2021)$9.9 B(+11%)
Share Price (Jul 2022)$88.2
Cybersecurity ratingBMore
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Key People/Management at Eversource Energy

James Judge

James Judge

Chairman of the Board, President and Chief Executive Officer
Philip Lembo

Philip Lembo

Executive Vice President and Chief Financial Officer
Werner Schweiger

Werner Schweiger

Executive Vice President and Chief Operating Officer
Christine Carmody

Christine Carmody

Executive Vice President-Human Resources and Information Technology
Jay Buth

Jay Buth

Vice President, Controller and Chief Accounting Officer
Show more

Eversource Energy Office Locations

Eversource Energy has offices in Westwood, Berlin, Bloomfield, Boston and in 36 other locations
Westwood, MA, US (HQ)
247 Station Dr
Berlin, CT, US
107 Selden St
Bloomfield, CT, US
1985 Blue Hills Ave Ext
Boston, MA, US
Dorchester
Boston, MA, US
Hyde Park
Hartford, CT, US
po box 2985
Show all (45)

Eversource Energy Financials and Metrics

Eversource Energy Revenue

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View revenue for all periods
Eversource Energy's revenue was reported to be $9.86 b in FY, 2021 which is a 10.8% increase from the previous period.
USD

Revenue (Q1, 2022)

3.5b

Gross profit (Q1, 2022)

1.6b

Gross profit margin (Q1, 2022), %

46.4%

Net income (Q1, 2022)

445.3m

EBIT (Q1, 2022)

663.1m

Market capitalization (29-Jul-2022)

30.3b

Closing stock price (29-Jul-2022)

88.2

Cash (31-Mar-2022)

46.2m
Eversource Energy's current market capitalization is $30.3 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

8.5b8.9b9.9b

Revenue growth, %

1%4%11%

Cost of goods sold

4.4b4.5b5.1b

Gross profit

4.1b4.4b4.8b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

2.4b2.0b2.3b2.8b2.1b2.4b3.5b

Cost of goods sold

1.2b962.2m1.1b1.5b1.1b1.3b1.9b

Gross profit

1.2b990.9m1.2b1.4b1.1b1.2b1.6b

Gross profit Margin, %

49%51%51%48%50%48%46%
show all
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

108.1m15.4m106.6m66.8m

Accounts Receivable

994.1m989.4m1.2b1.2b

Prepaid Expenses

261.0m342.1m252.4m

Inventories

238.0m235.5m265.6m267.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q1, 2022

Cash

35.1m20.6m22.7m47.4m64.9m730.0m34.1m46.2m

Accounts Receivable

1.1b964.3m993.4m1.0b996.3m1.1b1.3b1.5b

Prepaid Expenses

181.7m302.5m312.3m269.5m191.6m243.8m

Inventories

277.1m174.1m204.0m286.5m176.1m214.3m308.1m287.0m
show all
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

1.0b916.6m1.2b

Depreciation and Amortization

819.9m885.3m981.4m1.1b

Inventories

(831.0k)(8.1m)(15.4m)(1.9m)

Accounts Payable

(22.1m)14.9m122.6m(29.2m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q1, 2022

Net Income

310.6m343.9m664.7m336.6m590.7m938.9m368.0m445.3m

Depreciation and Amortization

214.9m434.0m656.6m236.2m476.7m721.2m270.7m289.3m

Inventories

(39.1m)63.9m34.0m(51.0m)59.3m21.1m(42.5m)(19.5m)

Accounts Payable

(13.6m)(156.1m)(157.4m)(127.4m)(169.3m)(121.0m)(181.7m)(68.9m)
show all
USDFY, 2018

Debt/Equity

1.3 x

Debt/Assets

0.4 x

Financial Leverage

3.3 x
Show all financial metrics

Eversource Energy Operating Metrics

FY, 2017FY, 2018FY, 2019

Customers (Electric)

3.19 m3.2 m3.22 m

Customers (Natural Gas)

524.63 k533.3 k539.86 k

Customers (Water Distribution)

227.1 k227.63 k228.52 k

Customers (CL&P Electric Distribution)

1.2 m1.25 m1.26 m

Eversource Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
Aquarion Water CompanyJune 02, 2017$1.7 b
NStarOctober 18, 2010
Yankee Energy SystemJune 16, 1999$478 m
Abenaki Water Co., Inc.
Aquarion Company
Aquarion Water Capital of Massachusetts, Inc.
Aquarion Water Company of Connecticut
Aquarion Water Company of Massachusetts, Inc.
Aquarion Water Company of New Hampshire, Inc.
Connecticut Yankee Atomic Power Company 
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Eversource Energy Revenue Breakdown

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Eversource Energy revenue breakdown by business segment: 60.8% from Electric Distribution, 13.4% from Electric Transmission, 14.7% from Natural Gas Distribution and 11.1% from Other

Human Capital Metrics

Source: www.eversource.com
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Eversource Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

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Eversource Energy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

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Eversource Energy Online and Social Media Presence

Eversource Energy's Trends

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Eversource Energy Company Culture

  • Overall Culture

    B+

    85/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A-

    85/100

Learn more on Comparably

Eversource Energy News and Updates

April 26, 2022

Whittier Street Health Center Honors Eversource Energy CEO Joseph Nolan, Jr. at 'Roast to Toast' Fundraising Gala

Annual event raises $1.2 million to support health and social services for Boston's most vulnerable residents
March 30, 2022

Whittier Street Health Center to Honor Eversource Energy CEO Joseph Nolan, Jr., at Its 2022 Annual Gala

Whittier's 24th Annual Roast to Toast Fundraiser on April 19 Will Support Health and Social Services for Boston's Most Vulnerable Residents Whittier's 24th Annual Roast to Toast Fundraiser on April 19 Will Support Health and Social Services for Boston's Most Vulnerable Residents
May 03, 2021

Eversource Alerts Customers Covid-19 Payment Plan Enrollment Is Extended to May 20 as Part of Connecticut’s State of Emergency

With Connecticut’s state of emergency in response to the COVID-19 pandemic extended to May 20, Eversource is alerting customers that enrollment in the COVID-19 Payment Program is automatically extended as well. The energy company is encouraging customers to enroll in one of its payment plans or ass…
April 30, 2021

Eversource Partners With Tree Experts to Improve Health of Thousands of Connecticut’s Notable Trees and Enhance Electric Reliability

In honor of Arbor Day, Eversource is partnering with the Connecticut Notable Tree Committee and the Tree Wardens Association of Connecticut to improve the health of some of Connecticut’s notable trees while improving electric reliability for customers. The team is collaborating to address the condit…
April 30, 2021

Eversource Plants 2,000 Seedlings to Celebrate Arbor Day

Every spring our Vegetation Management team looks forward to Arbor Day and the opportunity to share their love of trees with the communities we serve. This year our dedicated team of tree enthusiasts distributed over 2,000 tree seedlings through community events across our service territory to honor…
April 29, 2021

Eversource Energy to Discuss First Quarter Results

Eversource Energy will webcast a conference call with financial analysts on Monday, May 10, 2021, beginning at 9 a.m. Eastern Daylight Time, at which senior management will discuss the company’s financial performance through the first quarter of 2021
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 Eversource Energy Frequently Asked Questions

  • When was Eversource Energy founded?

    Eversource Energy was founded in 1966.

  • Who are Eversource Energy key executives?

    Eversource Energy's key executives are James Judge, Philip Lembo and Werner Schweiger.

  • How many employees does Eversource Energy have?

    Eversource Energy has 9,227 employees.

  • What is Eversource Energy revenue?

    Latest Eversource Energy annual revenue is $9.9 b.

  • What is Eversource Energy revenue per employee?

    Latest Eversource Energy revenue per employee is $1.1 m.

  • Who are Eversource Energy competitors?

    Competitors of Eversource Energy include Consolidated Electrical Distributors, BC Hydro and Ameren.

  • Where is Eversource Energy headquarters?

    Eversource Energy headquarters is located at 247 Station Dr, Westwood.

  • Where are Eversource Energy offices?

    Eversource Energy has offices in Westwood, Berlin, Bloomfield, Boston and in 36 other locations.

  • How many offices does Eversource Energy have?

    Eversource Energy has 45 offices.