ES (Eversource Energy) ROE %: 14.83% (As of Mar. 2026) — 65% Above Median


ES Eversource Energy ES
74 GF Score
Price $71.71
GF Value $68.05
Valuation Fairly Valued
! 10 Warning Signs
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What is Eversource Energy ROE %?

Eversource Energy ES +0.96% 74 ROE % is 14.83% as of Mar. 2026, which is 65% above its 10-year median of 8.99. GuruFocus rates ES with a GF Score™ of 74/100 and a GF Value™ of $68.05 (Fairly Valued). The stock has 10 warning signs investors should review. Among 503 Utilities - Regulated companies, Eversource Energy ranks better than 63.62% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Eversource Energy's annualized net income for the quarter that ended in Mar. 2026 was $2,427 Mil. Eversource Energy's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $16,364 Mil. Therefore, Eversource Energy's annualized ROE % for the quarter that ended in Mar. 2026 was 14.83%.

The historical rank and industry rank for Eversource Energy's ROE % or its related term are showing as below:

ES' s ROE % Range Over the Past 10 Years
Min: -2.98   Med: 8.99   Max: 10.96
Current: 10.96

During the past 13 years, Eversource Energy's highest ROE % was 10.96%. The lowest was -2.98%. And the median was 8.99%.

ES's ROE % is ranked better than
63.62% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.62 vs ES: 10.96

Eversource Energy  (NYSE:ES) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2427.364/16364.1105
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2427.364 / 18017.6)*(18017.6 / 64247.156)*(64247.156 / 16364.1105)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.47 %*0.2804*3.9261
=ROA %*Equity Multiplier
=3.78 %*3.9261
=14.83 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2427.364/16364.1105
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2427.364 / 3248.192) * (3248.192 / 4304.74) * (4304.74 / 18017.6) * (18017.6 / 64247.156) * (64247.156 / 16364.1105)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7473 * 0.7546 * 23.89 % * 0.2804 * 3.9261
=14.83 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Eversource Energy ROE % Related Terms


Eversource Energy ROE % Historical Data

* Premium members only.

The historical data trend for Eversource Energy's ROE % 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 ROE % Chart

Eversource Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.52 9.34 -2.98 5.56 10.84

Eversource Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 14.50 9.10 9.28 10.46 14.83

ES vs PPL, FE, EIX: ROE % Comparison

For the Utilities - Regulated Electric subindustry, Eversource Energy's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eversource Energy's ROE % distribution charts can be found below:

* The bar in red indicates where Eversource Energy's ROE % falls into.


ES
74GF Score
Eversource Energy ES
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eversource Energy ROE % Calculation

Eversource Energy's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=1692.372/( (15039.387+16197.271)/ 2 )
=1692.372/15618.329
=10.84 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2427.364/( (16197.271+16530.95)/ 2 )
=2427.364/16364.1105
=14.83 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 14.83% mean?
Eversource Energy (ES) has a ROE % of 14.83% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Eversource Energy and its competitors. This is 65% above median its historical median of 8.99. According to the industry distribution chart, Eversource Energy ranks #183 out of 503 companies in the Utilities - Regulated industry, placing it in the top 36.4%.
Is Eversource Energy's ROE % too high?
Eversource Energy's current ROE % of 14.83% is 65% above median its 10-year median of 8.99. The Utilities - Regulated industry median ROE % is 8.62. Eversource Energy's value of 14.83% is 72% above this industry median. Based on the distribution chart, Eversource Energy ranks #183 out of 503 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Eversource Energy has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eversource Energy's ROE % compare to PPL and FE?
According to the Utilities - Regulated industry distribution chart, Eversource Energy ranks #183 out of 503 companies for ROE %. This puts Eversource Energy in the upper half of its industry. The industry median ROE % is 8.62. Eversource Energy's value of 14.83% is 72% above this benchmark. While the company's 10-year median is 8.99 vs. the industry median of 8.62, 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 ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.62, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eversource Energy's current ROE % of 14.83% is 72% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Eversource Energy and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eversource Energy's current ROE % is 14.83%, which is 65% above median its own 10-year median of 8.99. 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 Fairly Valued. The stock's GF Value™ is $68.05, compared to a current price of $71.71 — trading 5.4% above its estimated fair value. The current ROE % is 14.83%, which is 65% above median its 10-year median of 8.99 and 72% above the Utilities - Regulated industry median of 8.62. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Eversource Energy (ES), the current ROE % is 14.83% 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 $71.71 is trading 5.4% above its estimated GF Value™ of $68.05. GuruFocus considers Eversource Energy to be Fairly Valued.

Key valuation signals for ES:

  • ROE %: 14.83% (65% above median its 10-year median of 8.99)
  • GF Value™: $68.05 vs. price of $71.71 (5.4% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 72% above the Utilities - Regulated median (#183 of 503)

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 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

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

$71.71
Price
$68.05
GF Value