Discontinued — last reported Q4 '24
Business Segments · Goodwill, Acquired During Period
Water Distribution — Goodwill, Acquired During Period
Eversource Energy Water Distribution — Goodwill, Acquired During Period remained flat by 0.0% to $2.38M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 57.2%, from $5.55M to $2.38M. Over 2 years (FY 2021 to FY 2024), Water Distribution — Goodwill, Acquired During Period shows a downward trend with a -33.8% CAGR.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ4 2024
How to read this metric
Higher values indicate aggressive inorganic growth strategies and expansion into new service territories.
Detailed definition
The amount of goodwill recorded on the balance sheet resulting from the acquisition of water distribution assets or busi...
Peer comparison
Commonly tracked for utilities pursuing a 'buy-and-build' strategy in the water sector.
Metric ID:
es_segment_water_distribution_goodwill_acquired_during_periodHistorical Data
12 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.43M | $5.43M | $5.43M | $44.80M | $5.55M | $5.55M | $5.55M | $5.55M | $2.38M | $2.38M | $2.38M | $2.38M |
| QoQ Change | — | +0.0% | +0.0% | +725.8% | -87.6% | +0.0% | +0.0% | +0.0% | -57.2% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | +725.8% | — | — | -87.6% | — | -57.2% | -57.2% | -57.2% | -57.2% |
Range$2.38M – $44.80M
CAGR-25.9%
Avg YoY Growth+68.2%
Median YoY Growth-57.2%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Eversource Energy's water distribution — goodwill, acquired during period?
- Eversource Energy (ES) reported water distribution — goodwill, acquired during period of $2.38M in Q4 2024.
- How has Eversource Energy's water distribution — goodwill, acquired during period changed year-over-year?
- Eversource Energy's water distribution — goodwill, acquired during period decreased by 57.2% year-over-year, from $5.55M to $2.38M.
- What is the long-term trend for Eversource Energy's water distribution — goodwill, acquired during period?
- Over 2 years (2021 to 2024), Eversource Energy's water distribution — goodwill, acquired during period has grown at a -33.8% compound annual growth rate (CAGR), from $21.70M to $9.50M.
- What does water distribution — goodwill, acquired during period mean?
- The premium paid over the fair value of net assets when acquiring new water businesses.