Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Eversource EnergyES -1.14%74 EV-to-EBITDA is 10.29 as of Jul. 15, 2026, which is 20% below its 10-year median of 12.82. GuruFocus rates ES with a GF Score™ of 74/100 and a GF Value™ of $68.56 (Fairly Valued). The stock has 10 warning signs investors should review. Among 468 Utilities - Regulated companies, Eversource Energy ranks worse than 54.7% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Eversource Energy's enterprise value is $57,976 Mil.
Eversource Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $5,635 Mil. Therefore, Eversource Energy's EV-to-EBITDA for today is 10.29.
The historical rank and industry rank for Eversource Energy's EV-to-EBITDA or its related term are showing as below:
ES'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.81 Med: 12.82 Max: 34.8
Current: 10.29
During the past 13 years, the highest EV-to-EBITDA of Eversource Energy was 34.80. The lowest was 9.81. And the median was 12.82.
ES's EV-to-EBITDA is ranked worse than 54.7% of 468
companies
in the Utilities - Regulated industry
Industry Median: 9.935
vs ES: 10.29
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Eversource Energy (NYSE:ES) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Eversource Energy's PE Ratio (TTM) for today is calculated as:
Eversource Energy's share price for today is $73.79.
Eversource Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.680.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Eversource Energy's EV-to-EBITDA 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.
For the Utilities - Regulated Electric subindustry, Eversource Energy's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Eversource Energy EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Eversource Energy's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Eversource Energy's EV-to-EBITDA falls into.
Eversource Energy's current Enterprise Value is $57,976 Mil.
Eversource Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,635 Mil.
* 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.
Eversource Energy (ES) has a EV-to-EBITDA of 10.29 as of Jul. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Eversource Energy. This is 20% below median its historical median of 12.82. Over the past decade, Eversource Energy's EV-to-EBITDA has ranged from 9.81 to 34.80. According to the industry distribution chart, Eversource Energy ranks #256 out of 468 companies in the Utilities - Regulated industry, placing it in the top 54.7%.
Is Eversource Energy's EV-to-EBITDA too high?
Eversource Energy's current EV-to-EBITDA of 10.29 is 20% below median its 10-year median of 12.82. Over the past 10 years, this metric has ranged from a low of 9.81 to a high of 34.80. The Utilities - Regulated industry median EV-to-EBITDA is 9.94. Eversource Energy's value of 10.29 is 3.6% above this industry median. Based on the distribution chart, Eversource Energy ranks #256 out of 468 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Eversource Energy has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eversource Energy's EV-to-EBITDA compare to PPL and FE?
According to the Utilities - Regulated industry distribution chart, Eversource Energy ranks #256 out of 468 companies for EV-to-EBITDA. This places Eversource Energy in the lower half of its industry. The industry median EV-to-EBITDA is 9.94. Eversource Energy's value of 10.29 is 3.6% above this benchmark. Historically, Eversource Energy's own EV-to-EBITDA has ranged from 9.81 to 34.80 over the past decade. While the company's 10-year median is 12.82 vs. the industry median of 9.94, Eversource Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.94, based on 468 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eversource Energy's current EV-to-EBITDA of 10.29 is 3.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Eversource Energy. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eversource Energy's current EV-to-EBITDA is 10.29, which is 20% below median its own 10-year median of 12.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eversource Energy stock overvalued right now?
Based on GuruFocus' analysis, Eversource Energy (ES) is currently considered Fairly Valued. The stock's GF Value™ is $68.56, compared to a current price of $73.79 — trading 7.6% above its estimated fair value. The current EV-to-EBITDA is 10.29, which is 20% below median its 10-year median of 12.82 and 3.6% above the Utilities - Regulated industry median of 9.94. Eversource Energy's overall GF Score™ is 74/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Eversource Energy (ES), the current EV-to-EBITDA is 10.29 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Eversource Energy (ES) Overvalued in 2026?
Based on GuruFocus' analysis, Eversource Energy stock appears to be overvalued.
The current stock price of $73.79 is trading 7.6% above its estimated GF Value™ of $68.56.
GuruFocus considers Eversource Energy to be Fairly Valued.
Key valuation signals for ES:
EV-to-EBITDA: 10.29 (20% below median its 10-year median of 12.82)
GF Value™: $68.56 vs. price of $73.79 (7.6% above fair value)
Industry Position: 3.6% above the Utilities - Regulated median (#256 of 468)
No single metric tells the full story. See the ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 US. Eversource expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). In 2024 Eversource exited its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast US. It plans to sell Aquarion in 2026. The company exited most of its unregulated businesses in 2006.
74GF Score
Get the complete analysis for ES
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ES has been successfully added to your 
