NSTAR Electric Co

Chart & Performance

D1W1MN

Profile

NSTAR Electric Company, a regulated electric utility company, engages in the purchase, transmission, delivery, and sale of electricity to residential, commercial, and industrial customers in Massachusetts. The company owns, operates, and maintains 70 megawatt of solar power facilities. As of December 31, 2021, it served approximately 1.46 million customers in Boston, as well as 140 cities and towns in eastern and western Massachusetts, including Cape Cod, Martha's Vineyard, and the greater Springfield metropolitan area covering an area of approximately 3,200 square miles. The company is based in Boston, Massachusetts. NSTAR Electric Company is a subsidiary of Eversource Energy.

URL

IPO date

Oct 27, 1993

Employees

1,648

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	3,515,539 -1.88%	3,583,070 -63.67%	9,863,085 235.35%
Cost of revenue	1,822,479	1,905,658	5,112,029
Unusual Expense (Income)
NOPBT	1,693,060	1,677,412	4,751,056
NOPBT Margin	48.16%	46.81%	48.17%
Operating Taxes	152,996	139,977	344,223
Tax Rate	9.04%	8.34%	7.25%
NOPAT	1,540,064	1,537,435	4,406,833
Net income	544,528 10.58%	492,428 -59.65%	1,220,527 174.28%
Dividends	(329,360)	(289,560)	(285,160)
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current	365,847	80,000	562,500
Long-term debt	4,496,947	4,345,085	3,585,399
Deferred revenue			1,561,118
Other long-term liabilities	3,762,312	1,837,394	345,888
Net debt	4,856,054	(2,171,982,659)	4,147,154
Cash flow
Cash from operating activities	713,557	771,478	700,942
CAPEX	(1,376,135)	(954,281)	(960,949)
Cash from investing activities	(1,376,087)	(954,116)	(960,858)
Cash from financing activities	340,022	509,752	260,685
FCF	362,618	789,411	3,778,980
Balance
Cash	6,740	327,744	745
Long term investments		2,176,080,000
Excess cash		2,176,228,590
Stockholders' equity	4,108,821,000	1,802,884,728	2,762,077
Invested Capital	14,818,604	(1,790,878,579)	11,070,924
ROIC			40.89%
ROCE	11.43%	12.24%	37.56%
EV
Common stock shares outstanding	349,840	347,247
Price
Market cap
EV
EBITDA	2,065,638	2,039,381	5,088,507
EV/EBITDA
Interest	189,254	162,892	582,334
Interest/NOPBT	11.18%	9.71%	12.26%