vs

Side-by-side financial comparison of Eversource Energy (ES) and Hershey Company (The) (HSY). Click either name above to swap in a different company.

Eversource Energy is the larger business by last-quarter revenue ($3.4B vs $3.1B, roughly 1.1× Hershey Company (The)). Hershey Company (The) runs the higher net margin — 14.0% vs 12.6%, a 1.5% gap on every dollar of revenue. On growth, Eversource Energy posted the faster year-over-year revenue change (13.4% vs 10.6%). Over the past eight quarters, Hershey Company (The)'s revenue compounded faster (22.3% CAGR vs 0.6%).

Eversource Energy is a publicly traded, Fortune 500 energy company headquartered in Springfield, Massachusetts with additional corporate offices in Hartford, Connecticut, and Boston, Massachusetts, with several regulated subsidiaries offering retail electricity, natural gas service and water service to approximately 4 million customers in Connecticut, Massachusetts, and New Hampshire.

The Hershey Company, often called just Hershey or Hershey's, is an American multinational confectionery company headquartered in Hershey, Pennsylvania, which is also home to Hersheypark and Hershey's Chocolate World. The Hershey Company is one of the largest chocolate manufacturers in the world; it also manufactures baked products, such as cookies and cakes, and sells beverages like milkshakes, as well as other products. The Hershey Company was founded by Milton S. Hershey in 1894 as the Hers...

ES vs HSY — Head-to-Head

Bigger by revenue
ES
ES
1.1× larger
ES
$3.4B
$3.1B
HSY
Growing faster (revenue YoY)
ES
ES
+2.8% gap
ES
13.4%
10.6%
HSY
Higher net margin
HSY
HSY
1.5% more per $
HSY
14.0%
12.6%
ES
Faster 2-yr revenue CAGR
HSY
HSY
Annualised
HSY
22.3%
0.6%
ES

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ES
ES
HSY
HSY
Revenue
$3.4B
$3.1B
Net Profit
$423.2M
$435.1M
Gross Margin
39.4%
Operating Margin
21.1%
20.6%
Net Margin
12.6%
14.0%
Revenue YoY
13.4%
10.6%
Net Profit YoY
468.8%
EPS (diluted)
$1.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ES
ES
HSY
HSY
Q1 26
$3.1B
Q4 25
$3.4B
$3.1B
Q3 25
$3.2B
$3.2B
Q2 25
$2.8B
$2.6B
Q1 25
$4.1B
$2.8B
Q4 24
$3.0B
$2.9B
Q3 24
$3.1B
$3.0B
Q2 24
$2.5B
$2.1B
Net Profit
ES
ES
HSY
HSY
Q1 26
$435.1M
Q4 25
$423.2M
$320.0M
Q3 25
$369.4M
$276.3M
Q2 25
$354.6M
$62.7M
Q1 25
$552.7M
$224.2M
Q4 24
$74.4M
$796.6M
Q3 24
$-116.2M
$446.3M
Q2 24
$337.2M
$180.9M
Gross Margin
ES
ES
HSY
HSY
Q1 26
39.4%
Q4 25
37.0%
Q3 25
32.6%
Q2 25
30.5%
Q1 25
33.7%
Q4 24
54.0%
Q3 24
41.3%
Q2 24
40.2%
Operating Margin
ES
ES
HSY
HSY
Q1 26
20.6%
Q4 25
21.1%
14.4%
Q3 25
21.4%
13.7%
Q2 25
23.4%
7.4%
Q1 25
22.5%
13.2%
Q4 24
11.7%
32.5%
Q3 24
20.0%
20.5%
Q2 24
23.8%
13.9%
Net Margin
ES
ES
HSY
HSY
Q1 26
14.0%
Q4 25
12.6%
10.4%
Q3 25
11.5%
8.7%
Q2 25
12.5%
2.4%
Q1 25
13.4%
8.0%
Q4 24
2.5%
27.6%
Q3 24
-3.8%
14.9%
Q2 24
13.3%
8.7%
EPS (diluted)
ES
ES
HSY
HSY
Q1 26
Q4 25
$1.11
Q3 25
$0.99
Q2 25
$0.96
Q1 25
$1.50
Q4 24
$0.16
Q3 24
$-0.33
Q2 24
$0.95

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ES
ES
HSY
HSY
Cash + ST InvestmentsLiquidity on hand
$135.4M
$877.0M
Total DebtLower is stronger
$4.9B
Stockholders' EquityBook value
$16.2B
$4.7B
Total Assets
$63.8B
$13.8B
Debt / EquityLower = less leverage
1.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ES
ES
HSY
HSY
Q1 26
$877.0M
Q4 25
$135.4M
Q3 25
$259.3M
Q2 25
$343.7M
Q1 25
$111.4M
Q4 24
$26.7M
Q3 24
$97.9M
Q2 24
Total Debt
ES
ES
HSY
HSY
Q1 26
$4.9B
Q4 25
$4.7B
Q3 25
$4.7B
Q2 25
$5.2B
Q1 25
$5.2B
Q4 24
$3.2B
Q3 24
$3.2B
Q2 24
$3.5B
Stockholders' Equity
ES
ES
HSY
HSY
Q1 26
$4.7B
Q4 25
$16.2B
$4.6B
Q3 25
$16.0B
$4.6B
Q2 25
$15.7B
$4.5B
Q1 25
$15.3B
$4.7B
Q4 24
$15.0B
$4.7B
Q3 24
$15.0B
$4.2B
Q2 24
$14.8B
$4.0B
Total Assets
ES
ES
HSY
HSY
Q1 26
$13.8B
Q4 25
$63.8B
$13.7B
Q3 25
$61.7B
$13.6B
Q2 25
$61.0B
$13.6B
Q1 25
$60.2B
$14.0B
Q4 24
$59.6B
$12.9B
Q3 24
$58.6B
$12.6B
Q2 24
$58.4B
$12.4B
Debt / Equity
ES
ES
HSY
HSY
Q1 26
1.03×
Q4 25
1.01×
Q3 25
1.02×
Q2 25
1.15×
Q1 25
1.11×
Q4 24
0.68×
Q3 24
0.76×
Q2 24
0.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ES
ES
HSY
HSY
Operating Cash FlowLast quarter
$916.1M
Free Cash FlowOCF − Capex
$-67.3M
FCF MarginFCF / Revenue
-2.0%
Capex IntensityCapex / Revenue
29.2%
Cash ConversionOCF / Net Profit
2.16×
TTM Free Cash FlowTrailing 4 quarters
$-45.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ES
ES
HSY
HSY
Q1 26
Q4 25
$916.1M
$926.6M
Q3 25
$1.1B
$841.9M
Q2 25
$1.1B
$112.2M
Q1 25
$1.0B
$396.7M
Q4 24
$642.1M
$941.6M
Q3 24
$555.6M
$695.3M
Q2 24
$670.7M
$325.6M
Free Cash Flow
ES
ES
HSY
HSY
Q1 26
Q4 25
$-67.3M
$788.5M
Q3 25
$-26.3M
$756.0M
Q2 25
$15.3M
$27.1M
Q1 25
$33.2M
$251.2M
Q4 24
$-546.5M
$807.1M
Q3 24
$-515.4M
$567.3M
Q2 24
$-400.8M
$195.5M
FCF Margin
ES
ES
HSY
HSY
Q1 26
Q4 25
-2.0%
25.5%
Q3 25
-0.8%
23.8%
Q2 25
0.5%
1.0%
Q1 25
0.8%
9.0%
Q4 24
-18.4%
28.0%
Q3 24
-16.8%
19.0%
Q2 24
-15.8%
9.4%
Capex Intensity
ES
ES
HSY
HSY
Q1 26
Q4 25
29.2%
4.5%
Q3 25
35.0%
2.7%
Q2 25
36.7%
3.3%
Q1 25
24.5%
5.2%
Q4 24
40.0%
4.7%
Q3 24
35.0%
4.3%
Q2 24
42.3%
6.3%
Cash Conversion
ES
ES
HSY
HSY
Q1 26
Q4 25
2.16×
2.90×
Q3 25
2.98×
3.05×
Q2 25
2.98×
1.79×
Q1 25
1.88×
1.77×
Q4 24
8.63×
1.18×
Q3 24
1.56×
Q2 24
1.99×
1.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ES
ES

Residential$1.2B35%
Commercial$789.0M23%
Eversource Electric Transmission$573.8M17%
Wholesale Transmission Revenue$570.0M17%
Industrial$102.6M3%
Water Distribution Segment$58.4M2%
Eversource Water$56.3M2%
Other Revenue Adjustmentsfrom Contractswith Customers$25.9M1%

HSY
HSY

Segment breakdown not available.

Related Comparisons