Eversource Energy (D/B/A) — Earnings Quality Grade F
ES · Utilities
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 50 days, change -1 days YoY
AR growth 11.9% vs revenue growth 13.8%
Revenue 13.8%, CFFO 90.5%. Cash follows revenue
Expense Quality
Inventory -17.3% vs COGS 3.0%. Normal
CapEx growth -7.2% vs revenue 13.8%. Normal
Insufficient data
Gross margin 84.7%, change +1.6pp. Stable
Cash Flow Quality
CFFO/NI = 2.43. Profits backed by cash
FCF < 50% of Net Income for 2 years
Accruals ratio = -3.8%. Low accruals
Cash $0.1B covers only 0% of debt $30.1B
Balance Sheet Health
Goodwill+Intangibles $4.2B = 26% of equity. Manageable
Debt/EBITDA = 5.5x (>4x). Financial stress
Other assets -70.8% vs revenue 13.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 3 years
Goodwill+Intangibles change 19% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10