Eversource EnergyMEX:ES 74 Return-on-Tangible-Equity is 20.03% as of Mar. 2026, which is 50% above its 10-year median of 13.39. 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. Among 497 Utilities - Regulated companies, Eversource Energy ranks better than 63.38% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Eversource Energy's annualized net income for the quarter that ended in Mar. 2026 was MXN43,772 Mil. Eversource Energy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN218,581 Mil. Therefore, Eversource Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.03%.
The historical rank and industry rank for Eversource Energy's Return-on-Tangible-Equity or its related term are showing as below:
MEX:ES'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.3 Med: 13.39 Max: 15.06
Current: 14.43
During the past 13 years, Eversource Energy's highest Return-on-Tangible-Equity was 15.06%. The lowest was -4.30%. And the median was 13.39%.
MEX:ES's Return-on-Tangible-Equity is ranked better than 63.38% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.83
vs MEX:ES: 14.43
Eversource Energy (MEX:ES) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Eversource Energy Return-on-Tangible-Equity Related Terms
Eversource Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Eversource Energy's Return-on-Tangible-Equity 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.
MEX:ES vs PPL, FE, EIX: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Eversource Energy's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Eversource Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Eversource Energy's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 20.03% mean?
Eversource Energy (MEX:ES) has a Return-on-Tangible-Equity of 20.03% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Eversource Energy and its competitors. This is 50% above median its historical median of 13.39. According to the industry distribution chart, Eversource Energy ranks #182 out of 497 companies in the Utilities - Regulated industry, placing it in the top 36.6%.
Is Eversource Energy's Return-on-Tangible-Equity too high?
Eversource Energy's current Return-on-Tangible-Equity of 20.03% is 50% above median its 10-year median of 13.39. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.83. Eversource Energy's value of 20.03% is 84.9% above this industry median. Based on the distribution chart, Eversource Energy ranks #182 out of 497 companies in the Utilities - Regulated industry, which is above the industry midpoint. 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 Return-on-Tangible-Equity compare to PPL and FE?
According to the Utilities - Regulated industry distribution chart, Eversource Energy ranks #182 out of 497 companies for Return-on-Tangible-Equity. This puts Eversource Energy in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.83. Eversource Energy's value of 20.03% is 84.9% above this benchmark. While the company's 10-year median is 13.39 vs. the industry median of 10.83, 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 Return-on-Tangible-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.83, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eversource Energy's current Return-on-Tangible-Equity of 20.03% is 84.9% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Eversource Energy and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eversource Energy's current Return-on-Tangible-Equity is 20.03%, which is 50% above median its own 10-year median of 13.39. 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 Return-on-Tangible-Equity of 20.03%. 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 Return-on-Tangible-Equity is 20.03%, which is 50% above median its 10-year median of 13.39 and 84.9% above the Utilities - Regulated industry median of 10.83. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Eversource Energy (MEX:ES), the current Return-on-Tangible-Equity is 20.03% 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:
Return-on-Tangible-Equity: 20.03% (50% above median its 10-year median of 13.39)
GF Value™: MXN1,099.11 vs. price of MXN1,186.29 (7.9% above fair value)
Industry Position: 84.9% above the Utilities - Regulated median (#182 of 497)
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 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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