Discontinued — last reported Q3 '24

Business Segments · Income Tax Expense (Benefit), Adjusted

Electric Distribution — Income Tax Expense (Benefit), Adjusted

Eversource Energy Electric Distribution — Income Tax Expense (Benefit), Adjusted increased by 47.9% to $63.60M in Q3 2024 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2024
Last reportedQ3 2024

How to read this metric

An increase may reflect higher pre-tax earnings or changes in effective tax rates, while a decrease may indicate tax benefits or lower taxable income.

Detailed definition

Represents the provision for income taxes specifically allocated to the electric distribution business segment. This ref...

Peer comparison

Standard across regulated utilities; peers report this as part of segment-level tax reconciliation.

Metric ID: es_segment_electric_distribution_income_tax_expense_benefit_adjusted

Historical Data

3 periods
 Q1 '24Q2 '24Q3 '24
Value$51.60M$43.00M$63.60M
QoQ Change-16.7%+47.9%
Range$43.00M$63.60M

Frequently Asked Questions

What is Eversource Energy's electric distribution — income tax expense (benefit), adjusted?
Eversource Energy (ES) reported electric distribution — income tax expense (benefit), adjusted of $63.60M in Q3 2024.
What does electric distribution — income tax expense (benefit), adjusted mean?
The total income tax expense attributed to the electric distribution segment.