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Eversource EnergyES +2.04%74 Equity-to-Asset is 0.26 as of Mar. 2026, which is 13% below its 10-year median of 0.30. GuruFocus rates ES with a GF Score™ of 74/100 and a GF Value™ of $68.46 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 509 Utilities - Regulated companies, Eversource Energy ranks worse than 76.42% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eversource Energy's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $16,531 Mil. Eversource Energy's Total Assets for the quarter that ended in Mar. 2026 was $64,708 Mil.
Therefore, Eversource Energy's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.26.
The historical rank and industry rank for Eversource Energy's Equity-to-Asset or its related term are showing as below:
ES'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25 Med: 0.3 Max: 0.34
Current: 0.26
During the past 13 years, the highest Equity to Asset Ratio of Eversource Energy was 0.34. The lowest was 0.25. And the median was 0.30.
ES's Equity-to-Asset is ranked worse than 76.42% of 509
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs ES: 0.26
Eversource Energy (NYSE:ES) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Eversource Energy Equity-to-Asset Related Terms
Eversource Energy Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Eversource Energy's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Eversource Energy's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Eversource Energy's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Eversource Energy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.26 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Eversource Energy and its competitors. This is 13% below median its historical median of 0.30. Over the past decade, Eversource Energy's Equity-to-Asset has ranged from 0.25 to 0.34. According to the industry distribution chart, Eversource Energy ranks #389 out of 509 companies in the Utilities - Regulated industry, placing it in the top 76.4%.
Is Eversource Energy's Equity-to-Asset too high?
Eversource Energy's current Equity-to-Asset of 0.26 is 13% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.34. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Eversource Energy's value of 0.26 is 27.8% below this industry median. Based on the distribution chart, Eversource Energy ranks #389 out of 509 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Eversource Energy has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eversource Energy's Equity-to-Asset compare to FE and PPL?
According to the Utilities - Regulated industry distribution chart, Eversource Energy ranks #389 out of 509 companies for Equity-to-Asset. This places Eversource Energy in the lower half of its industry. The industry median Equity-to-Asset is 0.36. Eversource Energy's value of 0.26 is 27.8% below this benchmark. Historically, Eversource Energy's own Equity-to-Asset has ranged from 0.25 to 0.34 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.36, Eversource Energy has consistently been below 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 Equity-to-Asset for an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eversource Energy's current Equity-to-Asset of 0.26 is 27.8% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Eversource Energy and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eversource Energy's current Equity-to-Asset is 0.26, which is 13% below median its own 10-year median of 0.30. 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 Modestly Overvalued. The stock's GF Value™ is $68.46, compared to a current price of $76.21 — trading 11.3% above its estimated fair value. The current Equity-to-Asset is 0.26, which is 13% below median its 10-year median of 0.30 and 27.8% below the Utilities - Regulated industry median of 0.36. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Eversource Energy (ES), the current Equity-to-Asset is 0.26 as of Mar. 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 $76.21 is trading 11.3% above its estimated GF Value™ of $68.46.
GuruFocus considers Eversource Energy to be Modestly Overvalued.
Key valuation signals for ES:
Equity-to-Asset: 0.26 (13% below median its 10-year median of 0.30)
GF Value™: $68.46 vs. price of $76.21 (11.3% above fair value)
Industry Position: 27.8% below the Utilities - Regulated median (#389 of 509)
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
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