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Eversource Energy (Eversource Energy) Retained Earnings : $4,143 Mil (As of Dec. 2023)


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What is Eversource Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eversource Energy's retained earnings for the quarter that ended in Dec. 2023 was $4,143 Mil.

Eversource Energy's quarterly retained earnings increased from Jun. 2023 ($5,563 Mil) to Sep. 2023 ($5,667 Mil) but then declined from Sep. 2023 ($5,667 Mil) to Dec. 2023 ($4,143 Mil).

Eversource Energy's annual retained earnings increased from Dec. 2021 ($5,005 Mil) to Dec. 2022 ($5,527 Mil) but then declined from Dec. 2022 ($5,527 Mil) to Dec. 2023 ($4,143 Mil).


Eversource Energy Retained Earnings Historical Data

The historical data trend for Eversource Energy's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eversource Energy Retained Earnings Chart

Eversource Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,177.05 4,613.20 5,005.39 5,527.15 4,142.52

Eversource Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,527.15 5,782.96 5,562.89 5,666.86 4,142.52

Eversource Energy Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Eversource Energy  (NYSE:ES) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Eversource Energy (Eversource Energy) Business Description

Traded in Other Exchanges
Address
300 Cadwell Drive, Springfield, MA, USA, 1104
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.
Executives
Van Faasen William C other: Trustee 1499 POST ROAD, FAIRFIELD CT 06824
Gregory B Butler officer: Sr. V.P. & Gen. Counsel EVERSOURCE ENERGY, 56 PROSPECT STREET, HARTFORD CT 06103
Daniel J Nova other: Trustee C/O HIGHLAND CAPITAL PARTNERS INC, TWO INTERNATIONAL PLACE, BOSTON MA 02110
Linda Dorcena Forry other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Loretta D. Keane other: Trustee 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Penelope M Conner officer: EVP-Cust Exp & Energy Strategy 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Christine M Carmody officer: SVP - Human Resources 800 BOYLSTON STREET, BOSTON MA 02199
Frederica M Williams other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
John M. Moreira officer: EVP, CFO and Treasurer 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Hunt James W Iii officer: EVP-Corp Rel & Sustainability 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Cleveland Cotton M other: Trustee EVERSOURCE ENERGY, 300 CADWELL DRIVE, SPRINGFIELD MA 01104
Jay Buth officer: VP-Accounting and Controller EVERSOURCE ENERGY, 107 SELDEN STREET, BERLIN CT 06037
James S Distasio other: Trustee C/O EVERSOURCE ENERGY, 300 CADWELL DRIVE, BOSTON MA 01104
David H. Long other: Trustee C/O EVERSOURCE ENERGY, 107 SELDEN STREET - LEGAL DEPT., BERLIN CT 06037
John Y Kim other: Trustee 51 MADISON AVENUE, NEW YORK NY 10010

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