Eversource Energy

ESNYSEUtilities● Active

$70.60

+$0.72(+1.03%)

Market Cap$26.6B

P/E Ratio—

52W High$76.41

52W Low$61.53

Avg Volume2.4M

Open$70.02

Beta0.73

Overview

Eversource Energy (ES) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ES · free cash flow · updated Jun 8, 2026

Core FCF metrics

ES · FCF · TTM · margin & CAGR

Free cash flow was −$45.1M for FY2025 (fiscal year ending 2025-12-31), up 98.1% year-over-year The FCF margin was -0.3%.

FY2025 Free Cash Flow−$45.1M▲ +98.1% YoY

Trailing 12M (TTM)$236.7MTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin-0.3%−$45.1M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ES · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$4.11B(4.16B)−$45.1M▲ +98.1%-0.3%

FY2024$2.16B(4.48B)−$2.32B▲ +13.7%-19.5%

FY2023$1.65B(4.34B)−$2.69B▼ 158.6%-22.6%

FY2022$2.40B(3.44B)−$1.04B▲ +14.2%-8.5%

FY2021$1.96B(3.18B)−$1.21B▲ +3.8%-12.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ES · P/FCF · FCF yield · FCF per share

Eversource Energy (ES) trades at a FCF yield of 0.89% and a price-to-free-cash-flow ratio of 110.3x. FCF per share stands at $0.64, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.89%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.64

TTM FCF ÷ Shares Outstanding

Price / FCF

x110.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x239.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ES · cash flow statement · operating / investing / financing

For FY2025, Eversource Energy generated $4.11B in operating cash flow and spent 4.16B in capital expenditures, yielding −$45.1M in free cash flow.

Operating Activities

+$4.11B

Cash from core business operations

2025-12-31

Investing Activities

−$4.31B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$311.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($4.11B) − |CapEx| (4.16B) = FCF (−$45.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Utilities)

ES vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Eversource EnergyYOU

−$45.1M+98.1%-0.3%

Loss

Constellation Energy Corporation

CEG

$1.29B+125.6%5.0%

35%

Duke Energy Corporation

Utilities · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Eversource Energy (ES) reported free cash flow of −$45.1M for FY2025 (fiscal year ending 2025-12-31), up 98.1% year-over-year. The FCF margin was -0.3%.

Based on available data, Eversource Energy has maintained positive free cash flow for at least 3 fiscal year(s). FCF peaked at $206.8M in FY2013.

Eversource Energy's FCF yield is 0.89% and price-to-FCF ratio is 110.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ES free cash flow · 8 questions

Eversource Energy free cash flow was −$45.1M for FY2025, up 98.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $236.7M.

ES free cash flowES FCFES FCF 2025ES free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Eversource Energy · Eversource Energy SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026