---
title: "Eversource Energy: Competitors"
description: "Eversource Energy compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how peers are chosen."
canonical: https://www.getswoopr.com/stocks/companies/eversource-energy/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Eversource Energy: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies Eversource Energy under SIC code 4911 (Electric Services). Among Swoopr's S&P 500 Equal Weight companies, 27 others share that classification; by latest reported revenue, Eversource Energy ranks 12 of 28. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does Eversource Energy Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| [NRG Energy (NRG)](https://www.getswoopr.com/stocks/companies/nrg-energy/) | $30.7 billion FY2025 | 9.2% | 6.0% | 2.8% |
| [Southern Company (The) (SO)](https://www.getswoopr.com/stocks/companies/southern-company-the/) | $29.6 billion FY2025 | 10.6% | 24.7% | 14.7% |
| [NextEra Energy (NEE)](https://www.getswoopr.com/stocks/companies/nextera-energy/) | $25.8 billion FY2025 | 9.8% | 32.1% | 26.5% |
| [Constellation Energy (CEG)](https://www.getswoopr.com/stocks/companies/constellation-energy/) | $25.5 billion FY2025 | 8.3% | 12.1% | 9.1% |
| [American Electric Power (AEP)](https://www.getswoopr.com/stocks/companies/american-electric-power/) | $21.9 billion FY2025 | 10.9% | 24.3% | 16.9% |
| [Edison International (EIX)](https://www.getswoopr.com/stocks/companies/edison-international/) | $19.3 billion FY2025 | 9.8% | 36.7% | 23.1% |
| [Vistra Corp. (VST)](https://www.getswoopr.com/stocks/companies/vistra-corp/) | $17.7 billion FY2025 | 3.0% | 10.7% | 5.3% |
| [Dominion Energy (D)](https://www.getswoopr.com/stocks/companies/dominion-energy/) | $16.5 billion FY2025 | 14.2% | 26.7% | 18.2% |
| [DTE Energy (DTE)](https://www.getswoopr.com/stocks/companies/dte-energy/) | $15.8 billion FY2025 | 26.9% | 15.0% | 9.2% |
| [FirstEnergy (FE)](https://www.getswoopr.com/stocks/companies/firstenergy/) | $15.1 billion FY2025 | 12.0% | 14.6% | 6.8% |
| [Tennessee Valley Authority (TVC)](https://www.getswoopr.com/stocks/companies/tennessee-valley-authority/) | $13.7 billion FY2025 | 11.0% | 18.8% | 9.9% |
| **Eversource Energy (ES)** | $13.5 billion FY2025 | 13.8% | 22.1% | 12.5% |
| [Entergy (ETR)](https://www.getswoopr.com/stocks/companies/entergy/) | $12.9 billion FY2025 | 9.0% | 24.7% | 13.7% |
| [CenterPoint Energy (CNP)](https://www.getswoopr.com/stocks/companies/centerpoint-energy/) | $9.4 billion FY2025 | 8.3% | 22.5% | 11.2% |
| [PPL Corporation (PPL)](https://www.getswoopr.com/stocks/companies/ppl-corporation/) | $9.0 billion FY2025 | 6.9% | 23.5% | 13.1% |
| [Pinnacle West Capital (PNW)](https://www.getswoopr.com/stocks/companies/pinnacle-west-capital/) | $5.3 billion FY2025 | 4.2% | 20.0% | 11.8% |
| [Portland General Electric Co (POR)](https://www.getswoopr.com/stocks/companies/portland-general-electric-co/) | $3.6 billion FY2025 | 4.0% | 15.5% | 8.6% |
| [OGE Energy Corp (OGE)](https://www.getswoopr.com/stocks/companies/oge-energy-corp/) | $3.3 billion FY2025 | 9.2% | 24.5% | 14.4% |
| [Talen Energy Corporation (TLN)](https://www.getswoopr.com/stocks/companies/talen-energy-corporation/) | $2.6 billion FY2025 | 22.0% | -3.5% | -8.5% |
| [Algonquin Power & Utilities Corp. (AQN)](https://www.getswoopr.com/stocks/companies/algonquin-power-and-utilities-corp/) | $2.4 billion FY2025 | 4.9% | 20.7% | 7.4% |
| [Black Hills Corporation (BKH)](https://www.getswoopr.com/stocks/companies/black-hills-corporation/) | $2.3 billion FY2025 | 8.6% | 23.3% | 12.6% |
| [TXNM Energy Inc. (TXNM)](https://www.getswoopr.com/stocks/companies/txnm-energy-inc/) | $2.2 billion FY2025 | 9.9% | 20.4% | 7.8% |
| [IDACORP Inc. (IDA)](https://www.getswoopr.com/stocks/companies/idacorp-inc/) | $1.7 billion FY2025 | -1.2% | 20.3% | 18.5% |
| [Ormat Technologies Inc. (ORA)](https://www.getswoopr.com/stocks/companies/ormat-technologies-inc/) | $990 million FY2025 | 12.5% | 17.1% | 12.8% |
| [Hallador Energy Company (HNRG)](https://www.getswoopr.com/stocks/companies/hallador-energy-company/) | $469 million FY2025 | 16.2% | 13.0% | 8.9% |
| [Spruce Power Holding Corporation (SPRU)](https://www.getswoopr.com/stocks/companies/spruce-power-holding-corporation/) | $112 million FY2025 | 36.2% | 16.0% | -23.3% |
| [Ocean Power Technologies Inc. (OPTT)](https://www.getswoopr.com/stocks/companies/ocean-power-technologies-inc/) | $4 million FY2026 | -36.2% | -1026.6% | -1308.9% |
| [Hadron Energy Inc. (HDRN)](https://www.getswoopr.com/stocks/companies/hadron-energy-inc/) | $0 FY2025 | n/a | n/a | n/a |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for Eversource Energy and 7 peers: NRG Energy (NRG) 6.0%, Southern Company (The) (SO) 24.7%, NextEra Energy (NEE) 32.1%, Constellation Energy (CEG) 12.1%, American Electric Power (AEP) 24.3%, Edison International (EIX) 36.7%, Vistra Corp. (VST) 10.7%, Eversource Energy (ES) 22.1%.](https://www.getswoopr.com/images/charts/eversource-energy-competitors-peer-margins.webp)
*Operating margin of Eversource Energy against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does Eversource Energy Rank Among All SEC Filers in Its Industry Code?

27 companies with annual reports in Swoopr's SEC dataset share SIC code 4911 (Electric Services), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | Eversource Energy | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $13.5 billion | $9.4 billion | 12 of 27 |
| Revenue growth | 13.8% | 9.8% | 6 of 27 |
| Operating margin | 22.1% | 20.3% | 11 of 27 |
| Net margin | 12.5% | 11.2% | 12 of 27 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value Eversource Energy reported in its own SEC filings, read from the SEC's XBRL data (accession 0001628280-26-008461 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are Eversource Energy's competitors?

Companies sharing Eversource Energy's SEC classification (SIC code 4911 (Electric Services)) include NRG Energy (NRG), Southern Company (The) (SO), NextEra Energy (NEE), Constellation Energy (CEG), American Electric Power (AEP). Its 10-K names the competitors it considers most relevant.

### How does Eversource Energy compare with its peers on margins?

Eversource Energy's fiscal 2025 operating margin was 22.1%, against a peer median of 20.1%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does Eversource Energy rank among all companies in its SEC industry?

Among 27 SEC filers under SIC code 4911, Eversource Energy ranks 12 by latest revenue, and 11 of 27 by operating margin (22.1% against a median of 20.3%).

## References

- [SEC EDGAR: EVERSOURCE ENERGY Form 10-K filed February 17, 2026](https://www.sec.gov/Archives/edgar/data/72741/000162828026008461/es-20251231.htm)
- [SEC EDGAR: EVERSOURCE ENERGY annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=72741&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Eversource Energy company dossier](https://www.getswoopr.com/stocks/companies/eversource-energy/)
- [Eversource Energy financial metrics](https://www.getswoopr.com/stocks/companies/eversource-energy/metrics/)
- [Eversource Energy financial risk indicators](https://www.getswoopr.com/stocks/companies/eversource-energy/risks/)
- [Eversource Energy peer comparison](https://www.getswoopr.com/stocks/companies/eversource-energy/competitors/)
- [Eversource Energy business model and revenue mix](https://www.getswoopr.com/stocks/companies/eversource-energy/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
