Discounted Cash Flow

Eversource Energy

ES · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $7.6b $949.8m $198.2m 12.4% $2.97
2017 $7.8b (1.5%) $995.5m (4.8%) $-343.2m (-273.2%) 12.8% (3.3%) $3.11 (4.7%)
2018 $8.4b (9.0%) $1.0b (4.5%) $-739.4m (-115.5%) 12.3% (-4.1%) $3.25 (4.5%)
2019 $8.5b (0.9%) $916.6m (-11.9%) $-901.9m (-22.0%) 10.7% (-12.7%) $2.83 (-12.9%)
2020 $8.9b (4.4%) $1.2b (32.3%) $-1.3b (-39.8%) 13.6% (26.7%) $3.56 (25.8%)
2021 $9.9b (10.8%) $1.2b (1.3%) $-1.2b (3.8%) 12.5% (-8.6%) $3.55 (-0.3%)
2022 $12.3b (24.6%) $1.4b (15.0%) $-1.0b (14.2%) 11.5% (-7.7%) $4.05 (14.1%)
2023 $11.9b (-3.1%) $-434.7m (-130.8%) $-2.7b (-158.6%) -3.6% (-131.8%) $-1.27 (-131.4%)
2024 $11.9b (-0.1%) $819.2m (288.4%) $-2.3b (13.7%) 6.9% (288.6%) $2.27 (278.7%)
2025 $13.5b (13.8%) $1.7b (107.5%) $-45.1m (98.1%) 12.5% (82.3%) $4.56 (100.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

No positive free cash flow in recent history — company has not generated positive FCF

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.