EVERSOURCE ENERGY
For the period ended Mar 31, 2024. Filed May 3, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 3, 2024
ES$69.62+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Income
| For the Three Months Ended March 31, | ||
|---|---|---|
| (Thousands of Dollars) | 2024 | 2023 |
| Operating Revenues | $1,121,291 | $1,338,905 |
| Operating Expenses: | ||
| Purchased Power and Transmission | 565,996 | 850,564 |
| Operations and Maintenance | 186,764 | 160,316 |
| Depreciation | 98,445 | 92,237 |
| Amortization of Regulatory Liabilities, Net | (91,713) | (122,315) |
| Energy Efficiency Programs | 35,600 | 32,646 |
| Taxes Other Than Income Taxes | 103,801 | 101,584 |
| Total Operating Expenses | 898,893 | 1,115,032 |
| Operating Income | 222,398 | 223,873 |
| Interest Expense | 54,824 | 45,201 |
| Other Income, Net | 16,468 | 14,937 |
| Income Before Income Tax Expense | 184,042 | 193,609 |
| Income Tax Expense | 45,689 | 45,193 |
| Net Income | $138,353 | $148,416 |
CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
| For the Three Months Ended March 31, | ||
|---|---|---|
| (Thousands of Dollars) | 2024 | 2023 |
| Net Income | $138,353 | $148,416 |
| Other Comprehensive (Loss)/Income, Net of Tax: | ||
| Qualified Cash Flow Hedging Instruments | (7) | (7) |
| Changes in Unrealized Gains on Marketable Securities | — | 43 |
| Other Comprehensive (Loss)/Income, Net of Tax | (7) | 36 |
| Comprehensive Income | $138,346 | $148,452 |
CONDENSED STATEMENTS OF COMMON STOCKHOLDER'S EQUITY
| For the Three Months Ended March 31, 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Common Stock · CapitalSurplus,Paid In · RetainedEarnings · AccumulatedOtherComprehensiveIncome · TotalCommonStockholder'sEquity | ||||||||
| (Thousands of Dollars, Except Stock Information) · Stock · Amount | ||||||||
| Balance as of January 1, 2024 | 6,035,205 | $60,352 | $3,384,265 | $2,645,868 | $185 | $6,090,670 | ||
| Net Income | 138,353 | 138,353 | ||||||
| Dividends on Preferred Stock | (1,390) | (1,390) | ||||||
| Dividends on Common Stock | (82,500) | (82,500) | ||||||
| Capital Contributions from Eversource Parent | 100,000 | 100,000 | ||||||
| Other Comprehensive Loss | (7) | (7) | ||||||
| Balance as of March 31, 2024 | 6,035,205 | $60,352 | $3,484,265 | $2,700,331 | $178 | $6,245,126 | ||
| For the Three Months Ended March 31, 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Common Stock · CapitalSurplus,Paid In · RetainedEarnings · AccumulatedOtherComprehensiveIncome · TotalCommonStockholder'sEquity | ||||||||
| (Thousands of Dollars, Except Stock Information) · Stock · Amount | ||||||||
| Balance as of January 1, 2023 | 6,035,205 | $60,352 | $3,260,765 | $2,463,094 | $169 | $5,784,380 | ||
| Net Income | 148,416 | 148,416 | ||||||
| Dividends on Preferred Stock | (1,390) | (1,390) | ||||||
| Dividends on Common Stock | (82,600) | (82,600) | ||||||
| Other Comprehensive Income | 36 | 36 | ||||||
| Balance as of March 31, 2023 | 6,035,205 | $60,352 | $3,260,765 | $2,527,520 | $205 | $5,848,842 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.