ESEversource Energy
Eversource Energy (Eversource), headquartered in Boston, Massachusetts and Hartford, Connecticut, is a public utility holding company subject to regulation by the Federal Energy Regulatory Commission (FERC) under the Public Utility Holding Company Act of 2005. 10-K, Item 1
- Employees
- 10,731
- Headquarters
- Springfield, MA
- Next results
- around Feb 11, 2027
The biggest changes in the 10-K filed 2026-02-17, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Net income
+108.5% Big change FY to 2025-12-31 vs 2024-12-31“Other Income, Net decreased due primarily to the following:”
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Cash from operations
+90.5% Big change FY to 2025-12-31 vs 2024-12-31“The increase in operating cash flows was due primarily to an improvement in regulatory recoveries driven primarily by the timing of collections for energy efficiency costs, energy supply costs, retail and wholesale transmission costs, and other regulatory tracking mechanisms, a decrease of $119.6 million in cash payments to vendors for storm costs, the timing of cash payments made on our accounts payable, and the timing of other working capital items.”
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“The increase in operating cash flows was due primarily to a decrease of $101.7 million in cash payments to vendors for storm costs, an improvement in regulatory recoveries driven by the timing of collections for wholesale and retail transmission costs and other regulatory tracking mechanisms, a $15.5 million decrease in cost of removal expenditures, the timing of cash payments made on our accounts payable, and the timing of other working capital items.”
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Operating margin
20.2% → 22.1% (+1.8 pts) Big change FY to 2025-12-31 vs 2024-12-31The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Revenue
+13.8% Big change FY to 2025-12-31 vs 2024-12-31“Throughout the course of the proceeding, PSNH amended the requested revenue requirement to account for developments in the case, and arrived at a final proposed rate increase of $103 million, which primarily reflects the removal of deferred storm costs that will be addressed in a separate proceeding.”
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“Base electric distribution revenues increased $114.1 million due primarily to base distribution rate increases at PSNH effective August 1, 2024 and August 1, 2025 and at NSTAR Electric effective January 1, 2025.”
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Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
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