Discontinued — last reported Q3 '24
Eversource Electric Distribution — Nonoperating Income Expense
Eversource Energy Eversource Electric Distribution — Nonoperating Income Expense decreased by 1.8% to $65.80M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 23.0%, from $53.50M to $65.80M.
Analysis
How to read this metric
An increase in net expense reduces the segment's overall contribution to corporate earnings, while an increase in net income improves it. Significant fluctuations may indicate changes in debt allocation or non-recurring financial events.
Detailed definition
This metric represents the net non-operating financial activities specifically attributed to the electric distribution b...
Peer comparison
Peers typically report this as non-operating items within segment disclosures, often reflecting allocated interest costs or specific regulatory-related financial adjustments.
es_segment_eversource_electric_distribution_nonoperating_income_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $29.90M | $25.40M | $47.60M | $53.00M | $59.60M | $54.30M | $47.90M | $53.50M | $56.60M | $67.00M | $65.80M |
| QoQ Change | — | -15.1% | +87.4% | +11.3% | +12.5% | -8.9% | -11.8% | +11.7% | +5.8% | +18.4% | -1.8% |
| YoY Change | — | — | — | +77.3% | +134.6% | +14.1% | -9.6% | -10.2% | +4.2% | +39.9% | +23.0% |
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Frequently Asked Questions
- What is Eversource Energy's eversource electric distribution — nonoperating income expense?
- Eversource Energy (ES) reported eversource electric distribution — nonoperating income expense of $65.80M in Q3 2024.
- How has Eversource Energy's eversource electric distribution — nonoperating income expense changed year-over-year?
- Eversource Energy's eversource electric distribution — nonoperating income expense increased by 23.0% year-over-year, from $53.50M to $65.80M.
- What does eversource electric distribution — nonoperating income expense mean?
- The net income or expense generated by the electric distribution segment from activities outside of its core utility operations.