The Eversource Energy shows a gross margin of 44.7%, an operating margin of 21.5%, an EBITDA margin of 33%, and a net margin of 10.4%. Net margin showed the largest year-over-year gain at 3.8 percentage points, whereas gross margin showed the largest decline at 2.1 percentage points.
ES margin history
Over the last 3 years, Eversource Energy's margins averaged 41.41% gross, 20.97% operating, 27.57% EBITDA, and 5.19% net. Compared with their three-year averages, all four current margins are higher.
ES margin expansion
Compared with last year, operating margin expanded by 1.9 percentage points, EBITDA margin by 2.4 percentage points, and net margin by 3.8 percentage points, while gross margin contracted by 2.1 percentage points.
ES Gross margin
Over the last 3 years, Eversource Energy's gross margin averaged 41.41%. The current gross margin of 44.7% is 3.3 percentage points above its three-year average. During this period, gross margin reached a high of 46.8% in Jun 2025 and a low of 32% in Sep 2023.
ES Operating margin
Across the last 3 years, Eversource Energy's operating margin came to 20.97%. The current operating margin of 21.5% is 0.5 percentage points above its three-year average. Operating margin was highest at 22.5% in Mar 2026 and lowest at 19.3% in Sep 2023.
ES EBITDA margin
Eversource Energy's EBITDA margin averaged 27.57% over the last 3 years. Eversource Energy currently reports an EBITDA margin of 33%, 5.4 percentage points above its three-year average. Over the last 3 years, Eversource Energy's EBITDA margin peaked at 34.8% in Mar 2026 and reached a low of 15.8% in Dec 2023.
ES Net margin
Throughout the last 3 years, Eversource Energy had an average net margin of 5.19%. Eversource Energy's current net margin is 10.4% and is 5.2 percentage points above its three-year average. Looking back over the last 3 years, Eversource Energy's net margin reached 12.5% at its highest point in Mar 2026 and -4.7% at its lowest in Sep 2024.
ES margin group comparison
With a gross margin of 44.7%, ES stands higher than the Utilities sector and the industry average but lower than its peers average. But when looking at the Utilities sector average of 42.8%, Eversource Energy's gross margin is only 4.4% higher.
ES margin peer comparison
Frequently asked questions
What is Eversource Energy's gross margin?
As of Jun 30, 2026, ES has a gross margin of 44.7%.
What is Eversource Energy's operating margin?
As of Jun 30, 2026, ES has an operating margin of 21.5%.
What is Eversource Energy's EBITDA margin?
For the period ending Jun 30, 2026, ES recorded an EBITDA margin of 33%.
What is Eversource Energy's net margin?
For the period ending Jun 30, 2026, ES recorded a net margin of 10.4%.
What are the average margins of ES?
Over the last 3 years, Eversource Energy's margins averaged 41.4% gross, 21.0% operating, 27.6% EBITDA, and 5.2% net.
What are the highest historical margins of ES?
Eversource Energy's highest recorded margins during the past 5 years were 46.8% gross in Jun 2025, 22.5% operating in Mar 2026, 34.8% EBITDA in Mar 2026, and 12.5% net in Mar 2026.
What are the lowest historical margins of ES?
Over this 5-year history, Eversource Energy's margins fell as low as 32% gross in Sep 2023, 17.9% operating in Dec 2022, 15.8% EBITDA in Dec 2023, and -4.7% net in Sep 2024.