Eversource Energy (MEX:ES) Operating Income: MXN57,318 Mil (TTM As of Mar. 2026)


MEX:ES Eversource Energy MEX:ES
74 GF Score
Price MXN1,186.29
GF Value MXN1,099.11
! 10 Warning Signs
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What is Eversource Energy Operating Income?

Eversource Energy MEX:ES 74 Operating Income is MXN57,318 Mil as of Mar. 2026. GuruFocus rates MEX:ES with a GF Score™ of 74/100 and a GF Value™ of MXN1,099.11. The stock has 10 warning signs investors should review.

Eversource Energy's Operating Income for the three months ended in Mar. 2026 was MXN19,407 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was MXN57,318 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Eversource Energy's Operating Income for the three months ended in Mar. 2026 was MXN19,407 Mil. Eversource Energy's Revenue for the three months ended in Mar. 2026 was MXN81,226 Mil. Therefore, Eversource Energy's Operating Margin % for the quarter that ended in Mar. 2026 was 23.89%.

Good Sign:

Eversource Energy operating margin is expanding. Margin expansion is usually a good sign.

Eversource Energy's 5-Year average Growth Rate for Operating Margin % was 1.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eversource Energy's annualized ROC % for the quarter that ended in Mar. 2026 was 4.96%. Eversource Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.20%.

Eversource Energy  (MEX:ES) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Eversource Energy's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=77626.084 * ( 1 - 25.04% )/( (1157372.438 + 1188545.05)/ 2 )
=58188.5125664/1172958.744
=4.96 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1148524.383 - 40331.382 - ( 2437.09 - max(0, 140597.725 - 91418.288+2437.09))
=1157372.438

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1166852.758 - 29971.177 - ( 4872.147 - max(0, 148043.472 - 96380.003+4872.147))
=1188545.05

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Eversource Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=84920.096/( ( (827019.807 + max(-3244.305, 0)) + (837983.176 + max(-2406.825, 0)) )/ 2 )
=84920.096/( ( 827019.807 + 837983.176 )/ 2 )
=84920.096/832501.4915
=10.20 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33258.22 + 8851.602 + 41917.863) - (40331.382 + 0 + 46940.608)
=-3244.305

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37522.532 + 8825.474 + 41235.844) - (29971.177 + 0 + 60019.498)
=-2406.825

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Eversource Energy's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=19406.521/81226.494
=23.89 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Eversource Energy Operating Income Related Terms

Eversource Energy Operating Income Historical Data

* Premium members only.

The historical data trend for Eversource Energy's Operating Income 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.

Eversource Energy Operating Income Chart

Eversource Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40,890.99 42,855.21 40,726.91 56,429.46 53,811.64

Eversource Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income 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 18,953.27 12,485.29 12,632.86 12,793.27 19,406.52
MEX:ES
74GF Score
Eversource Energy MEX:ES
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Eversource Energy Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income 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 MXN57,318 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of MXN57,318 Mil mean?
Eversource Energy (MEX:ES) has a Operating Income of MXN57,318 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Eversource Energy and its competitors.
Is Eversource Energy's Operating Income too high?
Eversource Energy's current Operating Income is MXN57,318 Mil. Overall, Eversource Energy has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Eversource Energy's Operating Income compare to PPL and FE?
Eversource Energy's Operating Income of MXN57,318 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Utilities - Regulated company?
A good Operating Income depends on the Utilities - Regulated industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Eversource Energy and its competitors. Eversource Energy's current Operating Income is MXN57,318 Mil. 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?
Eversource Energy (MEX:ES) has a current Operating Income of MXN57,318 Mil. The stock's GF Value™ is MXN1,099.11, compared to a current price of MXN1,186.29 — trading 7.9% above its estimated fair value. The current Operating Income is MXN57,318 Mil. 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 Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Eversource Energy (MEX:ES), the current Operating Income is MXN57,318 Mil 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 (MEX:ES) Overvalued in 2026?

Based on GuruFocus' analysis, Eversource Energy stock appears to be overvalued. The current stock price of MXN1,186.29 is trading 7.9% above its estimated GF Value™ of MXN1,099.11.

Key valuation signals for MEX:ES:

  • Operating Income: MXN57,318 Mil
  • GF Value™: MXN1,099.11 vs. price of MXN1,186.29 (7.9% above fair value)
  • GF Score™: 74/100 with 10 warning signs

No single metric tells the full story. See the MEX:ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Eversource Energy Business Description

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 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 MEX:ES

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,186.29
Price
MXN1,099.11
GF Value