The historical rank and industry rank for Eversource Energy's Pretax Margin % or its related term are showing as below:
ES'
s Pretax Margin % Range Over the Past 10 Years
Min: -2.31 Med: 16.34 Max: 20.31
Current: -2.24
ES's Pretax Margin % is ranked worse than 90.08% of 504
companies
in the Utilities - Regulated industry
Industry Median: 10.77
vs ES: -2.24
Eversource Energy Pretax Margin % Historical Data
The historical data trend for Eversource Energy's Pretax Margin % 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 Pretax Margin %
For the Utilities - Regulated Electric subindustry, Eversource Energy's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Eversource Energy's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Eversource Energy's Pretax Margin % falls into.
Eversource Energy Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Eversource Energy's Pretax Margin 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) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Eversource Energy Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Eversource Energy's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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). In 2024 Eversource exited 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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