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Eversource Energy (ES) Debt to Equity Ratio: 1.87

Is Eversource Energy’s debt to equity ratio high or low?

Eversource Energy's debt to equity ratio of 1.87 is 14% above its 5-year average of 1.64, near the high end of its 5-year range (1.29–1.94).

As of Wednesday, June 17, 2026. 1.84% below its 12-month average of 1.91.

ES Debt to Equity Ratio Chart

ES Debt to Equity Ratio
1.87-3.61% 1Y
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ES Average Debt to Equity Ratio Chart

ES Current vs Average Debt to Equity Ratio Chart

ES Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.87

DEBT TO EQUITY RATIO AVG TTM

1.91

DEBT TO EQUITY RATIO AVG 3Y

1.80

DEBT TO EQUITY RATIO AVG 5Y

1.64

DEBT TO EQUITY RATIO AVG 10Y

1.41

DEBT TO EQUITY RATIO AVG 15Y

1.32

DEBT TO EQUITY RATIO AVG 20Y

1.33

CURRENT VS TTM AVG

-1.84%

CURRENT VS 3Y AVG

+4.18%

CURRENT VS 5Y AVG

+13.91%

CURRENT VS 10Y AVG

+32.37%

CURRENT VS 15Y AVG

+41.27%

CURRENT VS 20Y AVG

+40.50%

ES Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Eversource Energy (ES)$26.25B1.871.911.801.64
FirstEnergy Corp. (FE)vs ›$26.66B2.162.062.162.46
PPL Corporation (PPL)vs ›$27.37B1.301.251.161.11
American Water Works Company, Inc. (AWK)vs ›$24.95B1.471.421.431.49
Atmos Energy Corporation (ATO)vs ›$28.31B0.690.680.730.76
CenterPoint Energy, Inc. (CNP)vs ›$28.36B2.122.041.931.84
CMS Energy Corporation (CMS)vs ›$22.87B2.072.042.052.06
NiSource Inc. (NI)vs ›$22.65B1.721.671.641.62
Ameren Corporation (AEE)vs ›$30.58B1.481.521.481.44
Alliant Energy Corporation (LNT)vs ›$19.07B1.681.581.491.42

Financial Health

Debt/Equity

1.87

Current Ratio

0.65

Eversource Energy Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Eversource Energy Debt to Equity Ratio FAQ

What is the debt to equity ratio for Eversource Energy (ES)?
The debt to equity ratio for ES stock is 1.87.
Is Eversource Energy's debt to equity ratio high or low?
Eversource Energy's debt to equity ratio of 1.87 is 14% above its 5-year average of 1.64, near the high end of its 5-year range (1.29–1.94).
What is the TTM average debt to equity ratio for Eversource Energy (ES)?
The TTM average debt to equity ratio for ES stock is 1.91.
What is the 3Y average debt to equity ratio for Eversource Energy (ES)?
The 3Y average debt to equity ratio for ES stock is 1.80.
What is the 5Y average debt to equity ratio for Eversource Energy (ES)?
The 5Y average debt to equity ratio for ES stock is 1.64.
What is the 10Y average debt to equity ratio for Eversource Energy (ES)?
The 10Y average debt to equity ratio for ES stock is 1.41.
What is the 15Y average debt to equity ratio for Eversource Energy (ES)?
The 15Y average debt to equity ratio for ES stock is 1.32.
What is the 20Y average debt to equity ratio for Eversource Energy (ES)?
The 20Y average debt to equity ratio for ES stock is 1.33.

Eversource Energy Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2025-12-311.87
2024-12-311.94
2023-12-311.89
2022-12-311.48
2021-12-311.38
2020-12-311.29
2019-12-311.23
2018-12-311.27
2017-12-311.21
2016-12-311.00
2015-12-310.98
2014-12-310.98
2013-12-310.98
2012-12-310.99
2011-12-311.34
2010-12-311.35
2009-12-311.43
2008-12-311.58
2007-12-311.53
2006-12-311.02
2005-12-311.21
2004-12-311.27
2003-12-311.11
2002-12-311.03
2001-12-311.28
2000-12-311.62
1999-12-311.42
1998-12-311.67
1997-12-311.67
1996-12-311.55

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.

Springfield, MA
10,000 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
Joseph R. Nolan Jr.