Discontinued — last reported Q3 '24
Water Distribution — Interest Expense, Operating and Nonoperating
Eversource Energy Water Distribution — Interest Expense, Operating and Nonoperating decreased by 14.4% to $8.30M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 15.3%, from $9.80M to $8.30M. Over 2 years (FY 2021 to FY 2023), Water Distribution — Interest Expense, Operating and Nonoperating shows an upward trend with a 9.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may signal rising leverage or higher interest rate environments impacting the segment's profitability.
Detailed definition
The total cost of debt financing allocated to the water distribution segment, encompassing both interest on debt used fo...
Peer comparison
Standard metric for capital-intensive regulated utilities.
es_segment_water_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 | $8.10M | $8.00M | $8.00M | $8.20M | $8.40M | $8.70M | $9.40M | $9.40M | $9.20M | $9.80M | $10.10M | $11.40M | $9.70M | $8.30M |
| QoQ Change | — | -1.2% | +0.0% | +2.5% | +2.4% | +3.6% | +8.0% | +0.0% | -2.1% | +6.5% | +3.1% | +12.9% | -14.9% | -14.4% |
| YoY Change | — | — | — | — | +3.7% | +8.8% | +17.5% | +14.6% | +9.5% | +12.6% | +7.4% | +21.3% | +5.4% | -15.3% |
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Frequently Asked Questions
- What is Eversource Energy's water distribution — interest expense, operating and nonoperating?
- Eversource Energy (ES) reported water distribution — interest expense, operating and nonoperating of $8.30M in Q3 2024.
- How has Eversource Energy's water distribution — interest expense, operating and nonoperating changed year-over-year?
- Eversource Energy's water distribution — interest expense, operating and nonoperating decreased by 15.3% year-over-year, from $9.80M to $8.30M.
- What is the long-term trend for Eversource Energy's water distribution — interest expense, operating and nonoperating?
- Over 2 years (2021 to 2023), Eversource Energy's water distribution — interest expense, operating and nonoperating has grown at a 9.7% compound annual growth rate (CAGR), from $32.00M to $38.50M.
- What does water distribution — interest expense, operating and nonoperating mean?
- The total interest costs associated with the debt used to fund the water business.