Business Segments · CapEx

Eversource Water — CapEx

Eversource Energy Eversource Water — CapEx increased by 77.7% to $65.40M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 73.0%, from $37.80M to $65.40M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2023

How to read this metric

Higher spending indicates active infrastructure renewal or expansion, which supports long-term rate base growth, while significantly lower spending may signal deferred maintenance or completion of major projects.

Detailed definition

This metric represents the cash outflows dedicated to capital expenditures for the maintenance, expansion, and moderniza...

Peer comparison

Comparable to capital expenditure (CapEx) metrics reported by other water and regulated utility providers.

Metric ID: es_segment_eversource_water_payments_to_acquire_property_plant_and_equipment

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$26.20M$37.40M$46.00M$27.80M$37.80M$37.80M$51.00M$37.90M$36.80M$65.40M
QoQ Change+42.7%+23.0%-39.6%+36.0%+0.0%+34.9%-25.7%-2.9%+77.7%
YoY Change+44.3%+1.1%+10.9%+36.3%-2.6%+73.0%
Range$26.20M$65.40M
CAGR+50.2%
Avg YoY Growth+27.2%
Median YoY Growth+23.6%

Frequently Asked Questions

What is Eversource Energy's eversource water — capex?
Eversource Energy (ES) reported eversource water — capex of $65.40M in Q3 2023.
How has Eversource Energy's eversource water — capex changed year-over-year?
Eversource Energy's eversource water — capex increased by 73.0% year-over-year, from $37.80M to $65.40M.
What does eversource water — capex mean?
The amount of cash spent on capital investments for water utility infrastructure and equipment.