Eversource Pretax Profit Margin vs Net Profit Margin Analysis

ES Stock  USD 59.99  0.55  0.91%   
Eversource Energy financial indicator trend analysis is much more than just examining Eversource Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eversource Energy is a good investment. Please check the relationship between Eversource Energy Pretax Profit Margin and its Net Profit Margin accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eversource Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.

Pretax Profit Margin vs Net Profit Margin

Pretax Profit Margin vs Net Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eversource Energy Pretax Profit Margin account and Net Profit Margin. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eversource Energy's Pretax Profit Margin and Net Profit Margin is 0.96. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Net Profit Margin in the same time period over historical financial statements of Eversource Energy, assuming nothing else is changed. The correlation between historical values of Eversource Energy's Pretax Profit Margin and Net Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of Eversource Energy are associated (or correlated) with its Net Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Profit Margin has no effect on the direction of Pretax Profit Margin i.e., Eversource Energy's Pretax Profit Margin and Net Profit Margin go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Pretax Profit Margin

Net Profit Margin

The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.
Most indicators from Eversource Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eversource Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eversource Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.At this time, Eversource Energy's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 36.31 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.8B5.4B4.8B3.3B
Total Revenue9.9B12.3B11.9B6.3B

Eversource Energy fundamental ratios Correlations

0.580.420.60.530.930.540.150.410.780.480.290.59-0.170.180.880.970.430.510.37-0.10.510.440.810.550.97
0.580.970.950.970.741.00.770.970.740.960.481.00.280.370.760.640.980.450.910.40.990.970.790.920.65
0.420.970.910.960.610.990.871.00.640.970.470.970.370.360.660.50.990.460.950.50.990.990.720.90.51
0.60.950.910.960.720.940.770.910.690.950.580.950.330.510.80.660.910.520.860.390.940.930.810.890.67
0.530.970.960.960.70.960.850.950.70.980.590.960.310.520.750.60.940.50.940.480.970.970.80.970.61
0.930.740.610.720.70.70.360.60.930.670.480.740.050.350.920.920.590.480.550.130.680.620.90.690.92
0.541.00.990.940.960.70.80.990.720.970.461.00.290.350.730.60.990.450.920.421.00.980.770.910.61
0.150.770.870.770.850.360.80.870.420.870.460.770.460.40.480.240.810.490.890.640.810.90.590.790.25
0.410.971.00.910.950.60.990.870.630.970.460.970.370.350.650.50.990.460.950.50.990.990.720.90.51
0.780.740.640.690.70.930.720.420.630.730.580.740.110.440.830.730.610.320.540.170.70.660.830.640.73
0.480.960.970.950.980.670.970.870.970.730.620.960.370.530.740.530.950.470.930.50.970.980.790.910.54
0.290.480.470.580.590.480.460.460.460.580.620.480.250.950.530.250.420.260.450.390.470.490.570.520.25
0.591.00.970.950.960.741.00.770.970.740.960.480.280.360.760.640.980.440.910.390.990.970.780.920.65
-0.170.280.370.330.310.050.290.460.370.110.370.250.280.270.1-0.10.320.030.330.760.320.360.160.2-0.1
0.180.370.360.510.520.350.350.40.350.440.530.950.360.270.420.170.310.20.370.330.370.390.470.460.17
0.880.760.660.80.750.920.730.480.650.830.740.530.760.10.420.890.640.690.660.290.720.680.970.710.89
0.970.640.50.660.60.920.60.240.50.730.530.250.64-0.10.170.890.50.60.46-0.040.580.510.850.621.0
0.430.980.990.910.940.590.990.810.990.610.950.420.980.320.310.640.50.390.920.430.990.970.670.880.51
0.510.450.460.520.50.480.450.490.460.320.470.260.440.030.20.690.60.390.570.30.450.490.750.480.6
0.370.910.950.860.940.550.920.890.950.540.930.450.910.330.370.660.460.920.570.590.930.960.740.920.47
-0.10.40.50.390.480.130.420.640.50.170.50.390.390.760.330.29-0.040.430.30.590.430.510.350.43-0.04
0.510.990.990.940.970.681.00.810.990.70.970.470.990.320.370.720.580.990.450.930.430.980.760.910.59
0.440.970.990.930.970.620.980.90.990.660.980.490.970.360.390.680.510.970.490.960.510.980.750.920.52
0.810.790.720.810.80.90.770.590.720.830.790.570.780.160.470.970.850.670.750.740.350.760.750.770.85
0.550.920.90.890.970.690.910.790.90.640.910.520.920.20.460.710.620.880.480.920.430.910.920.770.63
0.970.650.510.670.610.920.610.250.510.730.540.250.65-0.10.170.891.00.510.60.47-0.040.590.520.850.63
Click cells to compare fundamentals

Eversource Energy Account Relationship Matchups

Eversource Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding322.9M339.8M344.6M347.2M349.6M208.8M
Total Assets41.1B46.1B48.5B53.2B55.6B58.4B
Short Long Term Debt Total15.6B18.0B20.2B22.9B26.8B28.1B
Other Current Liab1.2B1.2B1.4B1.9B1.7B1.8B
Total Current Liabilities3.6B4.9B5.8B6.8B6.3B6.7B
Total Stockholder Equity12.6B14.1B14.6B15.5B14.2B7.1B
Property Plant And Equipment Net27.6B30.9B33.4B36.1B39.5B41.5B
Net Debt15.6B17.9B20.2B22.6B26.7B28.0B
Retained Earnings4.2B4.6B5.0B5.5B4.1B2.2B
Accounts Payable1.1B1.4B1.7B2.1B1.9B2.0B
Cash15.4M106.6M66.8M374.6M53.9M77.2M
Non Current Assets Total38.7B43.0B45.2B49.0B51.4B53.9B
Non Currrent Assets Other512.2M6.1B5.5B5.8B6.3B6.7B
Cash And Short Term Investments15.4M106.6M66.8M374.6M53.9M88.4M
Net Receivables1.2B1.4B1.4B1.8B1.7B990.3M
Liabilities And Stockholders Equity41.1B46.1B48.5B53.2B55.6B58.4B
Non Current Liabilities Total24.7B27.0B27.9B30.8B34.9B41.7B
Inventory235.5M265.6M267.5M374.4M507.3M267.0M
Other Current Assets651.1M1.3B1.5B1.7B2.0B2.1B
Other Stockholder Equity(148.8B)7.7B7.8B8.2B8.3B8.7B
Total Liab28.3B31.9B33.7B37.6B41.3B43.3B
Property Plant And Equipment Gross27.6B30.9B42.8B46.0B50.0B52.5B
Total Current Assets2.4B3.1B3.3B4.2B4.2B2.1B
Accumulated Other Comprehensive Income(65.1M)(76.4M)(42.3M)(39.4M)(33.7M)(35.4M)
Short Term Debt1.3B2.3B2.7B2.8B2.8B2.9B
Other Liab10.4B11.2B10.3B10.6B12.2B12.8B
Other Assets(30K)23K(50K)20K7K6.7K
Long Term Debt13.8B15.1B17.0B19.7B24.0B25.2B
Property Plant Equipment27.6B30.9B33.4B36.1B41.5B43.6B
Treasury Stock(299.1M)(278.0M)(250.9M)(216.2M)(248.7M)(261.1M)
Retained Earnings Total Equity4.2B4.6B5.0B5.5B6.4B6.7B
Deferred Long Term Liab4.9B5.5B4.6B4.2B4.9B3.4B
Net Tangible Assets8.9B14.7B15.2B16.0B18.4B16.1B

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