Is it safe?
Can ES take a bad year?
Eversource Energy carries $27.2B of net debt at 5.14× EBITDA: a heavy load to carry through a bad year.
$27.2B
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 5.14×
Net debt / EBITDA · 5.46× a year ago · the load is coming down
- Altman Z-score
- 0.75
Altman Z-score · distress zone, below 1.8
- Interest cover
- 2.20×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ2 2026
- $29.1B
- Cash and short-term investments
- $1.89B
- Net debt
- $27.2B
- EBITDA, trailing twelve months
- $5.29B
- Operating profit, trailing twelve months
- $3.02B
- Debt / equity
- 1.78×
- Total debt / EBITDA
- 5.50×
- Annualised volatilitytwo years of daily moves
- 24%
- Worst drawdown on file
- −42%
- Below its 52-week high
- −4.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities - Regulated Electric
Ranks #6 of 37 by Smart Score