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Side-by-side financial comparison of Eversource Energy (ES) and State Street Corporation (STT). Click either name above to swap in a different company.

State Street Corporation is the larger business by last-quarter revenue ($3.7B vs $3.4B, roughly 1.1× Eversource Energy). State Street Corporation runs the higher net margin — 20.4% vs 12.6%, a 7.8% gap on every dollar of revenue. On growth, Eversource Energy posted the faster year-over-year revenue change (13.4% vs 7.5%). State Street Corporation produced more free cash flow last quarter ($9.8B vs $-67.3M). Over the past eight quarters, State Street Corporation's revenue compounded faster (8.1% 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.

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792. As of the third quarter of 2025, State Street is one of the world's largest asset managers and custodians, with approximately US$5.4 trillion in assets under management and US$51.7 trillion under custody and administration.

ES vs STT — Head-to-Head

Bigger by revenue
STT
STT
1.1× larger
STT
$3.7B
$3.4B
ES
Growing faster (revenue YoY)
ES
ES
+5.9% gap
ES
13.4%
7.5%
STT
Higher net margin
STT
STT
7.8% more per $
STT
20.4%
12.6%
ES
More free cash flow
STT
STT
$9.8B more FCF
STT
$9.8B
$-67.3M
ES
Faster 2-yr revenue CAGR
STT
STT
Annualised
STT
8.1%
0.6%
ES

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ES
ES
STT
STT
Revenue
$3.4B
$3.7B
Net Profit
$423.2M
$747.0M
Gross Margin
Operating Margin
21.1%
25.0%
Net Margin
12.6%
20.4%
Revenue YoY
13.4%
7.5%
Net Profit YoY
468.8%
-4.6%
EPS (diluted)
$1.11
$2.41

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
STT
STT
Q4 25
$3.4B
$3.7B
Q3 25
$3.2B
$3.5B
Q2 25
$2.8B
$3.4B
Q1 25
$4.1B
$3.3B
Q4 24
$3.0B
$3.4B
Q3 24
$3.1B
$3.3B
Q2 24
$2.5B
$3.2B
Q1 24
$3.3B
$3.1B
Net Profit
ES
ES
STT
STT
Q4 25
$423.2M
$747.0M
Q3 25
$369.4M
$861.0M
Q2 25
$354.6M
$693.0M
Q1 25
$552.7M
$644.0M
Q4 24
$74.4M
$783.0M
Q3 24
$-116.2M
$730.0M
Q2 24
$337.2M
$711.0M
Q1 24
$523.7M
$463.0M
Operating Margin
ES
ES
STT
STT
Q4 25
21.1%
25.0%
Q3 25
21.4%
31.1%
Q2 25
23.4%
25.8%
Q1 25
22.5%
25.0%
Q4 24
11.7%
28.1%
Q3 24
20.0%
28.4%
Q2 24
23.8%
28.6%
Q1 24
25.4%
19.1%
Net Margin
ES
ES
STT
STT
Q4 25
12.6%
20.4%
Q3 25
11.5%
24.3%
Q2 25
12.5%
20.1%
Q1 25
13.4%
19.6%
Q4 24
2.5%
22.9%
Q3 24
-3.8%
22.4%
Q2 24
13.3%
22.3%
Q1 24
15.7%
14.8%
EPS (diluted)
ES
ES
STT
STT
Q4 25
$1.11
$2.41
Q3 25
$0.99
$2.78
Q2 25
$0.96
$2.17
Q1 25
$1.50
$2.04
Q4 24
$0.16
$2.43
Q3 24
$-0.33
$2.26
Q2 24
$0.95
$2.15
Q1 24
$1.49
$1.37

Balance Sheet & Financial Strength

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

Metric
ES
ES
STT
STT
Cash + ST InvestmentsLiquidity on hand
$135.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$16.2B
$27.8B
Total Assets
$63.8B
$366.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ES
ES
STT
STT
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
Q1 24
Stockholders' Equity
ES
ES
STT
STT
Q4 25
$16.2B
$27.8B
Q3 25
$16.0B
$27.6B
Q2 25
$15.7B
$27.3B
Q1 25
$15.3B
$26.7B
Q4 24
$15.0B
$25.3B
Q3 24
$15.0B
$25.8B
Q2 24
$14.8B
$24.8B
Q1 24
$14.5B
$24.4B
Total Assets
ES
ES
STT
STT
Q4 25
$63.8B
$366.0B
Q3 25
$61.7B
$371.1B
Q2 25
$61.0B
$376.7B
Q1 25
$60.2B
$372.7B
Q4 24
$59.6B
$353.2B
Q3 24
$58.6B
$338.5B
Q2 24
$58.4B
$325.6B
Q1 24
$57.3B
$338.0B

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
STT
STT
Operating Cash FlowLast quarter
$916.1M
$10.0B
Free Cash FlowOCF − Capex
$-67.3M
$9.8B
FCF MarginFCF / Revenue
-2.0%
266.6%
Capex IntensityCapex / Revenue
29.2%
7.3%
Cash ConversionOCF / Net Profit
2.16×
13.44×
TTM Free Cash FlowTrailing 4 quarters
$-45.1M
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ES
ES
STT
STT
Q4 25
$916.1M
$10.0B
Q3 25
$1.1B
$7.9B
Q2 25
$1.1B
$-8.4B
Q1 25
$1.0B
$2.4B
Q4 24
$642.1M
$-7.4B
Q3 24
$555.6M
$2.7B
Q2 24
$670.7M
$-7.6B
Q1 24
$291.3M
$-844.0M
Free Cash Flow
ES
ES
STT
STT
Q4 25
$-67.3M
$9.8B
Q3 25
$-26.3M
$7.7B
Q2 25
$15.3M
$-8.8B
Q1 25
$33.2M
$2.2B
Q4 24
$-546.5M
$-7.7B
Q3 24
$-515.4M
$2.5B
Q2 24
$-400.8M
$-7.9B
Q1 24
$-858.1M
$-1.1B
FCF Margin
ES
ES
STT
STT
Q4 25
-2.0%
266.6%
Q3 25
-0.8%
216.0%
Q2 25
0.5%
-254.1%
Q1 25
0.8%
66.1%
Q4 24
-18.4%
-225.1%
Q3 24
-16.8%
75.9%
Q2 24
-15.8%
-246.2%
Q1 24
-25.7%
-34.2%
Capex Intensity
ES
ES
STT
STT
Q4 25
29.2%
7.3%
Q3 25
35.0%
6.9%
Q2 25
36.7%
9.3%
Q1 25
24.5%
6.9%
Q4 24
40.0%
7.3%
Q3 24
35.0%
7.2%
Q2 24
42.3%
6.7%
Q1 24
34.5%
7.3%
Cash Conversion
ES
ES
STT
STT
Q4 25
2.16×
13.44×
Q3 25
2.98×
9.18×
Q2 25
2.98×
-12.18×
Q1 25
1.88×
3.72×
Q4 24
8.63×
-9.49×
Q3 24
3.71×
Q2 24
1.99×
-10.75×
Q1 24
0.56×
-1.82×

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%

STT
STT

Other$2.2B59%
Investment Management$729.0M20%
Management Services$662.0M18%
Other Fee Revenue$56.0M2%
Securities Financing Services$54.0M1%

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