Forward PE Ratio: 15.87
The forward PE ratio is 15.87 as of Thursday, July 9, 2026.
Forward PE Ratio (15.87) = Close Price ($73.93) / Consensus Forward EPS ($4.65)
ES Forward PE Ratio Metrics
FORWARD PE RATIO
15.87
ES Competitors' Forward PE Ratio
Eversource Energy
Market Cap
$27.80B
Forward PE Ratio
15.87
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Eversource Energy (ES) | $27.80B | 15.87 |
| FirstEnergy Corp. (FE)vs › | $27.55B | 17.61 |
| CenterPoint Energy, Inc. (CNP)vs › | $28.34B | 23.07 |
| Edison International (EIX)vs › | $28.72B | 12.22 |
| PPL Corporation (PPL)vs › | $26.83B | 18.44 |
| Atmos Energy Corporation (ATO)vs › | $29.16B | 21.05 |
| NRG Energy, Inc. (NRG)vs › | $29.64B | N/A |
| American Water Works Company, Inc. (AWK)vs › | $25.49B | 21.68 |
| Ameren Corporation (AEE)vs › | $30.93B | 21.03 |
| DTE Energy Company (DTE)vs › | $31.05B | 19.62 |
Trailing vs Forward
Trailing P/E
15.8
reported TTM EPS
Forward P/E
15.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.65 implies -0.6% EPS decline vs the reported trailing $4.68.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $73.93 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.65 | $4.58 – $4.87 | 8 | 15.9x |
| 2027-12-31 | $4.92 | $4.80 – $5.14 | 8 | 15.0x |
| 2028-12-31 | $5.24 | $5.15 – $5.42 | 6 | 14.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for Eversource Energy (ES)?
- The forward PE ratio for ES stock is 15.87.
Related Metrics
About Eversource Energy
Eversource Energy operates as a public utility holding enterprise, with its core operations centered on the provision and delivery of various energy services. Its business activities are segmented into several key areas: the transmission and distribution of electricity, natural gas distribution, and water utility services. The company is actively engaged in moving electricity, including energy generated from solar facilities, and supplying natural gas to its consumers. Additionally, Eversource manages regulated water systems, serving approximately 226,000 customers. It caters to a wide array of clients, spanning residential homes, businesses, industrial operations, municipal entities (including fire protection), and others across the states of Connecticut, Massachusetts, and New Hampshire. The organization, headquartered in Springfield, Massachusetts, adopted the name Eversource Energy in April 2015, having previously been known as Northeast Utilities.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Joseph R. Nolan Jr.