Eversource Energy (ES)

Return on assets (ROA)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	811,652	-549,348	-91,628	-411,547	-442,236	1,166,402	1,176,148	1,452,588	1,404,875	1,391,415	1,325,172	1,297,830	1,220,527	1,185,752	1,248,846	1,236,558	1,205,168	1,183,282	1,155,906	935,128
Total assets	US$ in thousands	59,594,500	58,573,300	58,352,500	57,322,200	55,612,200	56,293,300	54,539,700	54,105,200	53,230,900	51,599,400	49,916,200	49,289,200	48,492,100	48,014,100	47,234,600	46,518,200	46,099,600	43,507,300	42,038,700	41,649,000
ROA		1.36%	-0.94%	-0.16%	-0.72%	-0.80%	2.07%	2.16%	2.68%	2.64%	2.70%	2.65%	2.63%	2.52%	2.47%	2.64%	2.66%	2.61%	2.72%	2.75%	2.25%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $811,652K ÷ $59,594,500K
= 1.36%

The return on assets (ROA) for Eversource Energy has fluctuated over the period between March 31, 2020, and December 31, 2024.

Starting at 2.25% on March 31, 2020, the ROA increased to 2.75% by June 30, 2020, and remained relatively stable around the 2.7% mark through September 30, 2020, and December 31, 2020.

There was a slight decline to 2.61% by March 31, 2021, before recovering to 2.66% by March 31, 2022. The ROA then fluctuated between 2.47% and 2.70% until December 31, 2022, showing some instability during this period.

There was a sudden drop in performance to 2.16% on June 30, 2023, followed by a further decrease to 2.07% by September 30, 2023. The performance deteriorated significantly, reaching negative figures of -0.80% by December 31, 2023, and -0.72% by March 31, 2024.

However, there was a turnaround in the next period with the ROA improving to -0.16% by June 30, 2024, and then further recovering to -0.94% by September 30, 2024. Finally, by December 31, 2024, the ROA showed positive growth, reaching 1.36%.

Overall, the ROA of Eversource Energy has experienced significant fluctuations and challenges, indicating periods of both strong performance and financial struggles during the observed timeframe.