Discontinued — last reported Q3 '24
Electric Distribution — Interest Expense, Operating and Nonoperating
Eversource Energy Electric Distribution — Interest Expense, Operating and Nonoperating increased by 8.7% to $98.80M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 28.6%, from $76.80M to $98.80M. Over 2 years (FY 2021 to FY 2023), Electric Distribution — Interest Expense, Operating and Nonoperating shows an upward trend with a 11.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests higher debt levels or rising interest rates, which can pressure segment margins.
Detailed definition
The total interest costs incurred by the electric distribution segment, encompassing both financing for capital-intensiv...
Peer comparison
Standard for capital-intensive utilities; peers report this to show the cost of financing regulated assets.
es_segment_electric_distribution_interest_expense_operating_and_nonoperatingHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $61.10M | $61.00M | $61.00M | $59.40M | $60.30M | $64.50M | $68.90M | $69.30M | $68.20M | $76.80M | $77.40M | $82.50M | $90.90M | $98.80M |
| QoQ Change | — | -0.2% | +0.0% | -2.6% | +1.5% | +7.0% | +6.8% | +0.6% | -1.6% | +12.6% | +0.8% | +6.6% | +10.2% | +8.7% |
| YoY Change | — | — | — | — | -1.3% | +5.7% | +13.0% | +16.7% | +13.1% | +19.1% | +12.3% | +19.0% | +33.3% | +28.6% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Eversource Energy's electric distribution — interest expense, operating and nonoperating?
- Eversource Energy (ES) reported electric distribution — interest expense, operating and nonoperating of $98.80M in Q3 2024.
- How has Eversource Energy's electric distribution — interest expense, operating and nonoperating changed year-over-year?
- Eversource Energy's electric distribution — interest expense, operating and nonoperating increased by 28.6% year-over-year, from $76.80M to $98.80M.
- What is the long-term trend for Eversource Energy's electric distribution — interest expense, operating and nonoperating?
- Over 2 years (2021 to 2023), Eversource Energy's electric distribution — interest expense, operating and nonoperating has grown at a 11.1% compound annual growth rate (CAGR), from $236.40M to $291.70M.
- What does electric distribution — interest expense, operating and nonoperating mean?
- Total interest expenses associated with the electric distribution segment.