Discontinued — last reported Q3 '24

Business Segments · Interest Expense, Operating and Nonoperating

Electric Transmission — Interest Expense, Operating and Nonoperating

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ3 2024
Rolls up toInterest Expense

How to read this metric

An increase suggests higher debt levels or rising interest rates, which may pressure segment margins.

Detailed definition

The total interest costs incurred by the electric transmission segment, encompassing both debt service for operational i...

Peer comparison

Standard metric for capital-intensive utility segments; peers report this to show financing costs of infrastructure.

Metric ID: es_segment_electric_transmission_interest_expense_operating_and_nonoperating

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '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%
Range$32.60M$48.50M
CAGR+13.0%
Avg YoY Growth+10.8%
Median YoY Growth+11.8%
Current Streak3 quarters growth

Frequently Asked Questions

What is Eversource Energy's electric transmission — interest expense, operating and nonoperating?
Eversource Energy (ES) reported electric transmission — interest expense, operating and nonoperating of $48.50M in Q3 2024.
How has Eversource Energy's electric transmission — interest expense, operating and nonoperating changed year-over-year?
Eversource Energy's electric transmission — interest expense, operating and nonoperating increased by 12.8% year-over-year, from $43.00M to $48.50M.
What is the long-term trend for Eversource Energy's electric transmission — interest expense, operating and nonoperating?
Over 2 years (2021 to 2023), Eversource Energy's electric transmission — interest expense, operating and nonoperating has grown at a 10.9% compound annual growth rate (CAGR), from $133.20M to $163.70M.
What does electric transmission — interest expense, operating and nonoperating mean?
The total interest expense related to the electric transmission business segment.