Skip to main content
NSARP logo

NSTAR Electric Company PFD 4.25% (NSARP) Stock Price & Analysis

NSTAR Electric Company PFD 4.25% (NSARP) — price $67.00 (-0.37%), as of the Oct 2, 2026 trading session; market cap $27.7B.

Educational signal · not a buy or sell recommendation · How to read this

$67.00 −$0.25 (-0.37%) Market Cap $27.7B

NSTAR Electric Company PFD 4.25% · NSARP · Utilities · Regulated Electric

Research dated 2026-09-12: NSTAR Electric acquires, delivers and sells electricity to residential, commercial and industrial customers across parts of Massachusetts. For NSARP holders, the defining question is whether regulated utility earnings and cash generation can keep supporting preferred distributions while a debt-heavy capital structure funds the network.

Price as of Oct 2, 2026

Key Statistics

Not scored: this is a debt/preferred or other non-common instrument, or its reported market value does not match its share basis.

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$67.00
Change on the day-0.37%
52-week range$67.00 – $75.50
Market capitalisation$27.7B
Price / earnings (trailing)31.10
Shares traded on the day300
Beta (volatility vs the S&P 500)-0.13
Dividends per share (last 12 months)$4.25
Dividend yield (last 12 months)6.34%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $67, high $73, latest $67. 4 reported quarters marked. $73 $67 high $73 Nov 4, 2025 · Earnings results · no recorded estimate to compare · close $721Feb 9, 2026 · Earnings results · no recorded estimate to compare · close $712Apr 29, 2026 · Earnings results · no recorded estimate to compare · close $723Aug 3, 2026 · Earnings results · no recorded estimate to compare · close $694 Sep 5, 2025 Oct 2, 2026 · $67 $69Sep 5, 2025$71Sep 19, 2025$70Oct 3, 2025$73Oct 17, 2025$72Oct 31, 2025$73Nov 14, 2025$71Nov 28, 2025$72Dec 12, 2025$72Dec 26, 2025$72Jan 9, 2026$72Jan 23, 2026$71Feb 6, 2026$72Feb 20, 2026$71Mar 6, 2026$73Mar 20, 2026$71Apr 2, 2026$72Apr 17, 2026$72May 1, 2026$72May 15, 2026$70May 29, 2026$71Jun 12, 2026$71Jun 26, 2026$70Jul 10, 2026$69Jul 24, 2026$69Aug 7, 2026$68Aug 21, 2026$68Sep 4, 2026$67Sep 18, 2026$67Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results
  • · Earnings results
  • · Earnings results
  • · Earnings results

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

Dated events ahead, in order, not to scaleOct 9, 2026, Ex-dividend date; Nov 1, 2026, Dividend payment date. Spacing is order only and carries no duration.Oct 2, 20261Oct 9, 20262Nov 1, 2026
  1. Ex-dividend dateCompany record
  2. Dividend payment dateCompany record

Chronological order, not a duration scale.

What to watch next

Other perspectives

Council score for NSTAR Electric Company PFD 4.25% (NSARP): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Legends Council

5 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Simons-style lens (simulated) Jim Simons Favorable read
Englander-style lens (simulated) Izzy Englander Neutral read
Klarman-style lens (simulated) Seth Klarman Favorable read
Moon AI lens (model) Neutral read

Read on: Sep 14, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Overvalued
Profit Margin Moderate
Revenue Growth Neutral
Debt/Equity Weak
ROE Neutral
Gross Margin Moderate

Read on: Apr 29, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Apr 29, 2026, the Munger lens read the price at that time as overvalued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the NSARP film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is NSTAR Electric Company PFD 4.25% (NSARP), and what does it report?

Short answer · as of

This is primarily a regulated electricity delivery and retail-sales business, not a wager on unregulated power generation. Customer billing for acquired and delivered power anchors the model, with residential demand forming the largest named retail line and commercial sales, wholesale transmission and contract adjustments supplying additional revenue.

Research dated 2026-09-12.

This is primarily a regulated electricity delivery and retail-sales business, not a wager on unregulated power generation. Customer billing for acquired and delivered power anchors the model, with residential demand forming the largest named retail line and commercial sales, wholesale transmission and contract adjustments supplying additional revenue.

Annual revenue advanced across the latest reported periods, while net income remained profitable but eased in the latest year. That combination describes a utility whose sales base expanded without a matching increase in bottom-line earnings.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment; Annual revenue and net result (USD millions)

2 · Latest results

What do the latest results show for NSTAR Electric Company PFD 4.25% (NSARP)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $2.90B.

Research dated 2026-09-12.

The latest quarterly statement shows revenue retreating sharply from the preceding period. Operating profit and net income contracted faster than revenue, making profit conversion—not merely the sales decline—the more consequential change.

Reported quarterly amounts also change scale abruptly relative to the earlier run rate. The most defensible reading is therefore directional: the latest period delivered markedly weaker earnings than the preceding period, while the longer annual series still depicts a profitable regulated utility.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Reported versus estimated, last 8 quarters; Most recent periodic reports

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$2.90B Jun 30, 2026
Latest quarter · SG&A
$480.44M Jun 30, 2026
Latest quarter · FMP standardized operating result
$540.87M Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$2.90BNot available$480.44M$540.87M
Mar 31, 2026$4.50BNot available$506.98M$1.08B
Dec 31, 2025$973.90MNot available$0.00$148.50M
Sep 30, 2025$1.13BNot available$0.00$274.37M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$2.90T Aug 3, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Aug 3, 2026$2.90TNot available$0.1400Not available
Apr 29, 2026$4.50TNot available$1.6100Not available
Feb 9, 2026$973.90MNot available$1.1100Not available
Nov 4, 2025$3.22TNot available$987.3400Not available

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$2.90B$54M$0.14 (diluted)
Q1 FY2026$4.50B$607M$1.61 (diluted)
Q4 FY2025$974M$101M$0.27 (diluted)
Q3 FY2025$1.13B$193M$0.52 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for NSTAR Electric Company PFD 4.25% (NSARP)?

Short answer · as of

Cash and short-term investments were $1.82T at the Jun 30, 2026 balance-sheet date. Operating cash flow was $1.09T for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

Recurring profitability and positive reported operating cash flow provide support for the preferred obligation, and recent distributions have continued at an unchanged per-share amount. Capital expenditure is also persistent, however, so cash generation must fund the network before it can strengthen the balance sheet.

Debt substantially exceeds cash and short-term investments, while the liquidity ratios place current resources below current obligations. The low distress screen reinforces the need for caution: weaker profit conversion or heavier capital demands would leave less room between operating needs, financing claims and preferred payments.

Sources (as of 2026-09-12): Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash against market value; Trailing twelve-month ratio set; Distress and quality screens; Recent dividends paid

Data-derived red flags

  • Financial-distress signal — its Altman Z-Score of 0.14 sits in the distress zone (elevated bankruptcy risk).
  • Rich valuation — a P/E of 31.10 runs well above the Utilities sector’s ~18.50x, leaving little room for a miss.

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$1.09T Jun 30, 2026
Previous quarter · operating cash flow
$1.32T Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$1.09T$381.73M
Mar 31, 2026$1.32T−$381.72M
Dec 31, 2025$159.14M−$350.96M
Sep 30, 2025$427.70M−$434.95M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at NSTAR Electric Company PFD 4.25% (NSARP)?

Research dated 2026-09-12.

Watch whether revenue and profit conversion settle back into the established annual pattern after the latest quarterly swing. Residential and commercial retail sales deserve particular attention because they form the core billing base, while wholesale transmission and contract adjustments can alter the reported mix.

Cash generation should be judged alongside recurring capital expenditure, debt and liquid resources rather than in isolation. Continued preferred payments at the established amount would preserve the recent pattern; any change would carry more weight because NSARP is an income claim on a leveraged utility issuer.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Revenue by segment; Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Cash, investments and debt; Recent SEC filings; Recent dividends paid

What the records here don't tell us

  • No forward revenue or earnings estimate is on file.
  • The next earnings date is not yet scheduled in the calendar we read.
  • No insider Form 4 transaction falls inside the window this page reads.

Checked against the records this page reads, on the dates shown above.

5 · Score methodology

How is NSTAR Electric Company PFD 4.25% scored?

Research dated 2026-09-12.

Unlike an unregulated power producer, NSTAR Electric earns from acquiring, delivering and selling electricity within a regulated Massachusetts service footprint. Residential retail sales are its largest named customer line, with transmission revenue and contract adjustments broadening the mix beyond household bills.

NSARP also calls for a different lens from common equity in similar utilities. The recurring preferred distribution and the issuer’s capacity to meet it matter more than open-ended equity growth, which directs attention toward cash generation, capital spending and debt coverage.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment; Operating cash flow by quarter (USD millions); Cash, investments and debt; Recent dividends paid

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Ameren Corporation (AEE) Named competitor$99.94 Oct 2, 2026$27.7B— 5-pillar · not comparable
CLP Holdings Limited (CLPHF) Named competitor$9.40 Oct 2, 2026$23.8B— Model unavailable
CEZ, a. s. (CZAVF) Named competitor$54.95 Oct 2, 2026$29.5B— Model unavailable
Endesa, S.A. (ELEZF) Named competitor$48.63 Oct 2, 2026$49.7B— Model unavailable
NextEra Energy, Inc. (NEE) Same industry, near in market value$76.83 Date unavailable$160B— Model unavailable
The Southern Company (SOJE) Same industry, near in market value$16.12 Date unavailable$106B— Model unavailable
Duke Energy Corporation (DUK) Same industry, near in market value$114.13 Date unavailable$89.0B— Model unavailable
National Grid plc (NGG) Same industry, near in market value$76.12 Date unavailable$76.5B— Model unavailable
American Electric Power Company (AEP) Same industry, near in market value$119.57 Date unavailable$65.1B— Model unavailable
Dominion Energy, Inc. (D) Same industry, near in market value$61.31 Date unavailable$53.9B— Model unavailable
Entergy Louisiana LLC (ELC) Same industry, near in market value$18.83 Date unavailable$47.5B— Model unavailable
Entergy Corporation (ETR) Same industry, near in market value$100.91 Date unavailable$47.1B— Model unavailable

The comparison model is unavailable. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Utilities stocks

Common Questions About NSARP (Utilities)

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

What does NSTAR Electric actually sell in Massachusetts?

It acquires electricity and delivers and sells it to households, businesses and industrial facilities within its regulated service areas. Retail customer billing is the core activity, supplemented by wholesale transmission and contract-related revenue.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment

Why does NSTAR Electric’s debt matter to NSARP holders?

Debt stands well above cash and short-term investments, and liquidity ratios show limited current-asset coverage. That makes operating cash flow and capital expenditure central to the cushion protecting preferred payments.

Sources (as of 2026-09-12): Cash, investments and debt; Cash against market value; Trailing twelve-month ratio set; Operating cash flow by quarter (USD millions)

Are NSARP preferred distributions being paid consistently?

Recent recorded payments repeat at the same per-share amount on a regular schedule. The relevant confirmation is continued payment without a change in that pattern.

Sources (as of 2026-09-12): Recent dividends paid

What should investors make of NSTAR Electric’s abrupt quarterly swings?

Revenue and earnings change scale sharply across the reported periods, so the latest decline is clearer than the underlying cause. Profit conversion, cash generation and the established annual pattern provide more useful checkpoints than mechanically annualizing the latest quarter.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Reported versus estimated, last 8 quarters; Operating cash flow by quarter (USD millions); Most recent periodic reports

What is the NSARP stock price today?

The last price recorded on this page for NSTAR Electric Company PFD 4.25% (NSARP) is $67.00, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

Does NSARP pay a dividend?

Yes. NSTAR Electric Company PFD 4.25% (NSARP) shows a trailing 12-month dividend yield of 6.34%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Legal name; Ticker / exchange; Business description; Sector / industry (provider taxonomy); Cash, investments and debt; Operating cash flow by quarter (USD millions); Recent dividends paid

Sources — records for every figure on this page (49 figures)

The 49 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 1 fact from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
id.hqSEC filing business address800 Boylston ST, P1600, Boston, MA, 02199OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "800 Boylston Street, Boston, MA, 02199, US".

FMP — 44 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$67.00FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T05:04:28.117Z.
px.changeChange on the day-0.37%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalization$27.7BFMPFinancial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-02. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$0.25FMPFinancial Modeling Prep (FMP) · quote
px.pePrice / earnings (trailing)31.10FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day300FMPFinancial Modeling Prep (FMP) · quote
px.betaBeta-0.13FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executivePaul ChodakFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees2,044FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.q_revenueRevenue, Q2 FY2026$2.90BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $3.06B, net result $476.57M; FY2022 revenue $3.58B, net result $492.43M; FY2023 revenue $3.52B, net result $544.53M; FY2024 revenue $3.72B, net result $636.35M; FY2025 revenue $3.99B, net result $630.62MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsCommercial $3.62B · Residential $6.18B · Total Retail Sales Revenue $10.35B · Wholesale Transmission Revenue $870.80M · Other Revenue Adjustments from Contracts with Customers $1.70BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)63.0%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$2.90BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$480.44MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$540.87MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$4.50BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$506.98MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$1.08BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$973.90MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$0.00Period end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$148.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$1.13BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$0.00Period end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$274.37MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-08-03.revenue_actualRevenue · reported — report date 2026-08-03$2.90TReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-03.eps_actualEPS · reported — report date 2026-08-03$0.1400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-29.revenue_actualRevenue · reported — report date 2026-04-29$4.50TReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-29.eps_actualEPS · reported — report date 2026-04-29$1.6100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-09.revenue_actualRevenue · reported — report date 2026-02-09$973.90MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-09.eps_actualEPS · reported — report date 2026-02-09$1.1100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.revenue_actualRevenue · reported — report date 2025-11-04$3.22TReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.eps_actualEPS · reported — report date 2025-11-04$987.3400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$1.82TFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$1.09TFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$1.09TPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31$1.32TPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30$381.73MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$381.72MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$159.14MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$350.96MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30$427.70MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$434.95MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.range5252-week range$67.00 – $75.50UNRECORDEDStored company-profile observation — Captured 2026-10-04
fin.scoresDistress and quality screensAltman Z 0.14 · Piotroski F 5UNRECORDEDStored financial-scores observation — Captured 2026-08-04 · Expired observation

COMPUTED — 2 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$4.25COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months6.34%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-08-03. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-08-03.revenue_actual, earn.history.depth.2026-08-03.eps_actual, earn.history.depth.2026-04-29.revenue_actual, earn.history.depth.2026-04-29.eps_actual, earn.history.depth.2026-02-09.revenue_actual, earn.history.depth.2026-02-09.eps_actual, earn.history.depth.2025-11-04.revenue_actual, earn.history.depth.2025-11-04.eps_actual.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Legal name
NSTAR ELECTRIC CO

Our market-data provider lists the name as "NSTAR Electric Company PFD 4.25%"; the filer's own record is used here.

2026-02-17OFFICIALSEC EDGAR — 10-K filed 2026-02-17
Ticker / exchange
NSARP on OTC
2026-09-12OFFICIALSEC EDGAR filer record
Business description
NSTAR Electric Company, a corporate entity based in Massachusetts, operates as a division of Northeast Utilities. This regulated electric utility supplies power to households, businesses, and industrial facilities throughout specific areas of eastern and western Massachusetts. Its fundamental operations encompass the acquisition, delivery, and sale of electricity to its diverse customer base.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Utilities / Regulated Electric

The company's SEC filings classify it under SIC 4911 — Electric Services.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Cash, investments and debt
Total debt: $29.51T; Liquidity basis: cash and short-term investments; Total liabilities: $40.40T; Cash and short-term investments: $1.82T; Cash and investments: $1.82T; Long-term investments: $0; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: $381.73M, Operating cash flow: $1.09T
  • Quarter ended 2026-03-31 — Capital expenditure: -$381.72M, Operating cash flow: $1.32T
  • Quarter ended 2025-12-31 — Capital expenditure: -$350.96M, Operating cash flow: $159.14M
  • Quarter ended 2025-09-30 — Capital expenditure: -$434.95M, Operating cash flow: $427.70M
  • Quarter ended 2025-06-30 — Capital expenditure: $367.46M, Operating cash flow: $2.10T
  • Quarter ended 2025-03-31 — Capital expenditure: -$367.46M, Operating cash flow: $311.43M
  • Quarter ended 2024-12-31 — Capital expenditure: -$3.41B, Operating cash flow: $115.33M
  • Quarter ended 2024-09-30 — Capital expenditure: -$344.50M, Operating cash flow: $230.86M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Recent dividends paid
Captured record · 4 entries
  • Ex date: 2026-07-10, Payment date: 2026-08-01, Amount per share: $1.06
  • Ex date: 2026-04-10, Payment date: 2026-05-01, Amount per share: $1.06
  • Ex date: 2026-01-09, Payment date: 2026-02-01, Amount per share: $1.06
  • Ex date: 2025-10-10, Payment date: 2025-11-01, Amount per share: $1.06

Declared amounts per share on their ex-dates. A single payment does not establish an annual rate, and a special dividend is not separated here.

2026-07-10FMPFinancial Modeling Prep (FMP) dividend history
Revenue by segment
Commercial: $3.62B; Residential: $6.18B; Total Retail Sales Revenue: $10.35B; Wholesale Transmission Revenue: $870.80M; Other Revenue Adjustments from Contracts with Customers: $1.70B
2024-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $0, Revenue: $3.99B, Period end: 2025-12-31, Net result: $630.62M
  • FY2024 — R&D: $0, Revenue: $3.72B, Period end: 2024-12-31, Net result: $636.35M
  • FY2023 — R&D: $0, Revenue: $3.52B, Period end: 2023-12-31, Net result: $544.53M
  • FY2022 — R&D: $0, Revenue: $3.58B, Period end: 2022-12-31, Net result: $492.43M
  • FY2021 — R&D: $0, Revenue: $3.06B, Period end: 2021-12-31, Net result: $476.57M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $0.14 per share, SG&A: $480.44M, EPS basic: $0.14 per share, EPS basis: diluted, Revenue: $2.90B, EPS diluted: $0.14 per share, Net result: $53.68M, Gross profit: $1.96B, Operating result: $540.87M
  • Quarter ended 2026-03-31 — EPS: $1.61 per share, SG&A: $506.98M, EPS basic: $1.61 per share, EPS basis: diluted, Revenue: $4.50B, EPS diluted: $1.61 per share, Net result: $606.84M, Gross profit: $2.99B, Operating result: $1.08B
  • Quarter ended 2025-12-31 — EPS: $0.27 per share, SG&A: $0, EPS basic: $0.27 per share, EPS basis: diluted, Revenue: $973.90M, EPS diluted: $0.27 per share, Net result: $101.39M, Gross profit: $447.06M, Operating result: $148.50M
  • Quarter ended 2025-09-30 — EPS: $0.52 per share, SG&A: $0, EPS basic: $0.52 per share, EPS basis: diluted, Revenue: $1.13B, EPS diluted: $0.52 per share, Net result: $193.13M, Gross profit: $599.44M, Operating result: $274.37M
  • Quarter ended 2025-06-30 — EPS: $0.46 per share, SG&A: $0, EPS basic: $0.46 per share, EPS basis: diluted, Revenue: $868.90M, EPS diluted: $0.46 per share, Net result: $168.93M, Gross profit: $474.82M, Operating result: $229.63M
  • Quarter ended 2025-03-31 — EPS: $0.45 per share, SG&A: $0, EPS basic: $0.46 per share, EPS basis: diluted, Revenue: $1.01B, EPS diluted: $0.45 per share, Net result: $167.18M, Gross profit: $531.12M, Operating result: $231.57M
  • Quarter ended 2024-12-31 — EPS: $0.37 per share, SG&A: $0, EPS basic: $0.37 per share, EPS basis: diluted, Revenue: $850.68M, EPS diluted: $0.37 per share, Net result: $134.22M, Gross profit: $414.60M, Operating result: $183.04M
  • Quarter ended 2024-09-30 — EPS: $0.51 per share, SG&A: -$13.90M, EPS basic: $0.51 per share, EPS basis: diluted, Revenue: $1.08B, EPS diluted: $0.51 per share, Net result: $184.55M, Gross profit: $553.15M, Operating result: $249.35M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-08-03 — EPS actual: $0.14 per share, Revenue actual: $2.90T
  • Reported 2026-04-29 — EPS actual: $1.61 per share, Revenue actual: $4.50T
  • Reported 2026-02-09 — EPS actual: $1.11 per share, Revenue actual: $973.90M
  • Reported 2025-11-04 — EPS actual: $987.34 per share, Revenue actual: $3.22T
  • Reported 2025-08-04 — EPS actual: $0.4579 per share, Revenue actual: $868.90M
  • Reported 2025-05-01 — EPS actual: $0.4547 per share, Revenue actual: $1.01B
  • Reported 2025-02-11 — EPS actual: $2,267.18 per share, Revenue actual: $850.68M
  • Reported 2024-11-06 — EPS actual: $0.513 per share, Revenue actual: $1.08B
2026-08-03FMPFinancial Modeling Prep (FMP) earnings
Most recent periodic reports2026-08-03OFFICIALSEC EDGAR filer submissions
Cash and investment components
Total basis: cash short and long-term investments; Total: $1.82T; Cash and short-term investments: $1.82T; Long-term investments: $0; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$27.69T; Total debt: $29.51T; Cash and investments: $1.82T

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Trailing twelve-month ratio set
Quick ratio: 0.74; Current ratio: 0.8; Debt to equity: 1.28; Net margin: 10%; Gross margin: 63%; Operating margin: 21.4%; Return on assets: 0%; Return on equity: 0%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 0.14; Piotroski F-score: 5

Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $1.82T, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $270.18B, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $135.40M, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $259.30M, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $343.70M, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $2.90M, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $900,000, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $4.50M, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Recent SEC filings2026-08-03OFFICIALSEC EDGAR filer submissions
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.