Discontinued — last reported Q3 '24
Business Segments · Income Tax Expense (Benefit), Adjusted
Natural Gas Distribution — Income Tax Expense (Benefit), Adjusted
Eversource Energy Natural Gas Distribution — Income Tax Expense (Benefit), Adjusted decreased by 213.4% to -$11.00M in Q3 2024 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2024
Last reportedQ3 2024
How to read this metric
An increase may reflect higher pre-tax earnings or changes in effective tax rates, while a decrease may indicate tax benefits or lower taxable income.
Detailed definition
Represents the total income tax provision allocated to the natural gas distribution segment, adjusted for non-recurring...
Peer comparison
Standard across regulated utilities; peers typically report this as a component of segment net income.
Metric ID:
es_segment_natural_gas_distribution_income_tax_expense_benefit_adjustedHistorical Data
3 periods
| Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|
| Value | $63.40M | $9.70M | -$11.00M |
| QoQ Change | — | -84.7% | -213.4% |
Range-$11.00M – $63.40M
Current Streak2+ quarters decline
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Frequently Asked Questions
- What is Eversource Energy's natural gas distribution — income tax expense (benefit), adjusted?
- Eversource Energy (ES) reported natural gas distribution — income tax expense (benefit), adjusted of -$11.00M in Q3 2024.
- What does natural gas distribution — income tax expense (benefit), adjusted mean?
- The adjusted income tax expense specifically attributed to the natural gas distribution business segment.