Eversource Energy (ES)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 59,594,500 | 55,612,200 | 53,230,900 | 48,492,100 | 46,099,600 |
| Total stockholders’ equity | US$ in thousands | 21,760,700 | 14,173,900 | 15,473,200 | 14,599,800 | 14,063,600 |
| Financial leverage ratio | 2.74 | 3.92 | 3.44 | 3.32 | 3.28 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $59,594,500K ÷ $21,760,700K
= 2.74
The financial leverage ratio of Eversource Energy has shown fluctuations over the past five years. It increased from 3.28 in December 2020 to 3.32 in December 2021, indicating a slight rise in financial leverage. Subsequently, the ratio increased further to 3.44 by December 2022, suggesting a continued trend towards higher leverage. The most significant increase occurred by December 2023, reaching 3.92, indicating a substantial rise in leverage. However, by December 2024, the financial leverage ratio decreased to 2.74, showing a notable decline in leverage. Overall, the financial leverage ratio of Eversource Energy has displayed variability over the years, with the most significant increase observed in 2023, followed by a substantial decrease in 2024.
Peer comparison
Dec 31, 2024