Discontinued — last reported Q3 '24
Natural Gas Distribution — Interest Expense, Operating and Nonoperating
Eversource Energy Natural Gas Distribution — Interest Expense, Operating and Nonoperating increased by 13.0% to $25.20M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 27.9%, from $19.70M to $25.20M. Over 2 years (FY 2021 to FY 2023), Natural Gas Distribution — Interest Expense, Operating and Nonoperating shows an upward trend with a 20.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests higher debt levels or rising interest rates, potentially pressuring segment margins.
Detailed definition
The total cost of debt financing allocated to the natural gas distribution segment, including both interest on long-term...
Peer comparison
Standard metric for capital-intensive utilities; peers report this to show segment-level financing costs.
es_segment_natural_gas_distribution_interest_expense_operating_and_nonoperatingHistorical Data
| 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 | $14.60M | $15.70M | $14.40M | $15.80M | $16.70M | $18.80M | $20.10M | $21.20M | $21.50M | $19.70M | $23.30M | $24.50M | $22.30M | $25.20M |
| QoQ Change | — | +7.5% | -8.3% | +9.7% | +5.7% | +12.6% | +6.9% | +5.5% | +1.4% | -8.4% | +18.3% | +5.2% | -9.0% | +13.0% |
| YoY Change | — | — | — | — | +14.4% | +19.7% | +39.6% | +34.2% | +28.7% | +4.8% | +15.9% | +15.6% | +3.7% | +27.9% |
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Frequently Asked Questions
- What is Eversource Energy's natural gas distribution — interest expense, operating and nonoperating?
- Eversource Energy (ES) reported natural gas distribution — interest expense, operating and nonoperating of $25.20M in Q3 2024.
- How has Eversource Energy's natural gas distribution — interest expense, operating and nonoperating changed year-over-year?
- Eversource Energy's natural gas distribution — interest expense, operating and nonoperating increased by 27.9% year-over-year, from $19.70M to $25.20M.
- What is the long-term trend for Eversource Energy's natural gas distribution — interest expense, operating and nonoperating?
- Over 2 years (2021 to 2023), Eversource Energy's natural gas distribution — interest expense, operating and nonoperating has grown at a 20.9% compound annual growth rate (CAGR), from $58.60M to $85.70M.
- What does natural gas distribution — interest expense, operating and nonoperating mean?
- Total interest costs incurred to finance the natural gas distribution segment.