Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Eversource Energy's share price for the quarter that ended in Dec. 2023 was $61.72. Eversource Energy's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 350 Mil. Therefore, Eversource Energy's market cap for the quarter that ended in Dec. 2023 was $21,574 Mil.
Eversource Energy's quarterly market cap
declined
from Jun. 2023 ($24,753 Mil) to Sep. 2023 ($20,310 Mil) but then
increased
from Sep. 2023 ($20,310 Mil) to Dec. 2023 ($21,574 Mil).
Eversource Energy's annual market cap
declined
from Dec. 2021 ($31,334 Mil) to Dec. 2022 ($29,214 Mil) and
declined
from Dec. 2022 ($29,214 Mil) to Dec. 2023 ($21,574 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Eversource Energy's Enterprise Value for Today is $47,867 Mil.
Eversource Energy Market Cap Historical Data
The historical data trend for Eversource Energy's Market Cap 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.
Competitive Comparison of Eversource Energy's Market Cap
For the Utilities - Regulated Electric subindustry, Eversource Energy's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Eversource Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where Eversource Energy's Market Cap falls into.
Eversource Energy Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Eversource Energy's Market Cap for the fiscal year that ended in Dec. 2023 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 (NYSE:ES) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Eversource Energy Market Cap Related Terms
Thank you for viewing the detailed overview of Eversource Energy's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Eversource Energy (Eversource Energy) Business Description
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.
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