Analysis for ES
- 📈 Growth — 11/30
- 💰 Profitability — 19/20
- 🏦 Financial Health — 14/20
- 💵 Valuation — 12/20
- ⚠️ Risk — 7/10
Summary:
📈 Growth & Financial Trajectory
Over 8 quarters, Revenues rise from about $2.53B (2024 Q2) to about $2.90B (2026 Q2), with a spike to $4.50B in 2026 Q1 and a pullback thereafter. Net Income moves from $337M to $55.6M, after a 2024 Q3 loss, with a peak near $609M in 2026 Q1. The trend shows improving top-line dynamics but earnings volatility and a late-quarter dip, implying uneven profitability across the period.
💰 Margins & Cash Flow
Operating margins have been robust on several quarters (e.g., Q4 2025 ≈ 32%, Q1 2026 ≈ 24%), with 2026 Q2 around 19–20%. Positive cash flow from operations is sustained, including $1.09B in 2026 Q2, supporting liquidity despite earnings swings. Cash flow from investing/financing reflects typical utility activity.
🛡️ Balance Sheet & Liquidity
Balance sheet is asset-rich with Assets about $63.4B and Liabilities near $47.1B; Equity is about $16.3B (Debt-to-Equity ≈ 2.9). Current assets $6.44B vs current liabilities $8.05B yields a Current Ratio ~0.80, indicating tighter near-term liquidity but sizable long-term stability.
⚠️ Key Drivers & Risks
- Drivers: Regulated earnings framework and stable demand; infrastructure investment.
- Risks: Earnings volatility from rate cases; liquidity/leverage and interest-rate sensitivity.