Discontinued — last reported Q3 '24
Eversource Energy Electric Transmission — Interest Expense, Operating and Nonoperating increased by 5.4% to $48.50M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 12.8%, from $43.00M to $48.50M. Over 2 years (FY 2021 to FY 2023), Electric Transmission — Interest Expense, Operating and Nonoperating shows an upward trend with a 10.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase suggests higher debt levels or rising interest rates, which may pressure segment margins.
The total interest costs incurred by the electric transmission segment, encompassing both debt service for operational i...
Standard metric for capital-intensive utility segments; peers report this to show financing costs of infrastructure.
es_segment_electric_transmission_interest_expense_operating_and_nonoperating| 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 | $32.60M | $33.50M | $34.40M | $33.20M | $37.50M | $36.60M | $38.20M | $41.50M | $42.20M | $43.00M | $37.00M | $40.90M | $46.00M | $48.50M |
| QoQ Change | — | +2.8% | +2.7% | -3.5% | +13.0% | -2.4% | +4.4% | +8.6% | +1.7% | +1.9% | -14.0% | +10.5% | +12.5% | +5.4% |
| YoY Change | — | — | — | — | +15.0% | +9.3% | +11.0% | +25.0% | +12.5% | +17.5% | -3.1% | -1.4% | +9.0% | +12.8% |