Interest Expense
Eversource Energy Interest Expense increased by 10.3% to $365.26M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.4%, from $300.85M to $365.26M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows an upward trend with a 20.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Detailed definition
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Peer comparison
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
interest_expenseHistorical 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $145.44M | $147.96M | $151.17M | $153.25M | $160.09M | $178.17M | $186.77M | $194.54M | $207.31M | $222.28M | $231.30M | $250.75M | $271.32M | $300.58M | $288.70M | $300.85M | $293.19M | $318.07M | $331.16M | $365.26M |
| QoQ Change | — | +1.7% | +2.2% | +1.4% | +4.5% | +11.3% | +4.8% | +4.2% | +6.6% | +7.2% | +4.1% | +8.4% | +8.2% | +10.8% | -4.0% | +4.2% | -2.5% | +8.5% | +4.1% | +10.3% |
| YoY Change | — | — | — | — | +10.1% | +20.4% | +23.5% | +26.9% | +29.5% | +24.8% | +23.8% | +28.9% | +30.9% | +35.2% | +24.8% | +20.0% | +8.1% | +5.8% | +14.7% | +21.4% |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Electric Distribution | $63.28M | $72.93M | $72.93M | $72.93M | $72.93M | $82.50M | $90.90M | $98.80M |
| Electric Transmission | $36.38M | $40.93M | $40.93M | $40.93M | $40.93M | $40.90M | $46.00M | $48.50M |
| Natural Gas Distribution | $17.85M | $21.43M | $21.43M | $21.43M | $21.43M | $24.50M | $22.30M | $25.20M |
| Total | $186.77M | $194.54M | $207.31M | $222.28M | $231.30M | $250.75M | $271.32M | $300.58M |
Electric Distribution, Electric Transmission, Natural Gas Distribution, Water Distribution were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Interest Expense at Other Companies
Frequently Asked Questions
- What is Eversource Energy's interest expense?
- Eversource Energy (ES) reported interest expense of $365.26M in Q1 2026.
- How has Eversource Energy's interest expense changed year-over-year?
- Eversource Energy's interest expense increased by 21.4% year-over-year, from $300.85M to $365.26M.
- What is the long-term trend for Eversource Energy's interest expense?
- Over 4 years (2021 to 2025), Eversource Energy's interest expense has grown at a 20.9% compound annual growth rate (CAGR), from $582.33M to $1.24B.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.