The Connecticut Light and Power Company

The Connecticut Light and Power Company

CNLPM
The Connecticut Light and Power CompanyUS flagOther OTC
33.50
USD
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202.18MMarket Cap
The Connecticut Light and Power Company
CNLPM
(Other OTC)

Recent

price

33.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
TTM
FRC
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Revenue per Share
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Basic EPS, GAAP
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Free Cash Flow per Basic Share
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Dividend per Share
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Book Value per Share
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Tangible Book Value per Share
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Basic Weighted Avg Shares
6,481
7,346
6,878
3,682
3,558
3,425
2,999
2,548
2,407
2,442
2,693
2,803
2,806
2,887
3,096
3,233
3,233
Sales/Revenue/Turnover
100
-2.94
3.55
-54.12
10.49
13.58
16.26
18.18
17.74
22.09
20.62
21.8
23.96
23.67
20.54
21.09
22.19
Operating Margin (%)
363
440
260
306
327
233
256
158
167
178
248
228
230
249
279
301
301
Depreciation Expense
117
-253
471
134
191
216
244
250
210
279
288
299
334
377
378
411
411
Net Income, GAAP
29.76
- -
- -
28.16
28.94
35.46
35.17
26.46
31.05
33.64
31.68
37.21
38.39
33.13
25.47
25
25
Effective Tax Rate (%)
1.8
-3.45
6.84
3.63
5.37
6.32
8.14
9.82
8.71
11.44
10.69
10.68
11.91
13.05
12.2
12.71
12.71
Profit Margin (%)
104
402
367
-17
-193
126
43
-302
-268
-398
-177
20
-135
-338
-189
-92
-92
Working Capital
4,336
4,378
4,138
2,029
2,270
2,716
2,521
2,522
2,738
2,591
2,664
2,764
2,516
2,759
3,004
3,518
3,518
LT Debt
2,297
2,429
2,798
1,958
2,128
2,373
2,397
2,408
2,538
2,702
2,937
3,141
3,470
3,703
4,316
4,504
4,504
Total Equity
65.88
- -
- -
-25.27
6.09
6.08
6.16
6.67
5.48
6.29
6.5
6.35
6.63
6.95
6.58
6.53
6.87
Return on Invested Capital (%)
1.88
- -
- -
3.04
9.62
9.18
9.7
10.15
8.17
9.24
9.54
9.35
9.98
10.58
9.94
9.79
9.79
Return on Capital (%)
7.02
-17.38
29.82
10.95
29.96
29.79
31.11
31.44
24.73
29.08
26.71
25.33
25.81
26.57
23.14
22.57
22.57
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'19
Sep'19
Dec'19
ST Debt
259
173
64
LT Borrowings
3,309
3,518
3,518
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
116
116
Shares Outstanding
6
6
6
Market Capitalization
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- -

Working Capital

FRC

in mil. unless spec.
Jun'19
Sep'19
Dec'19
Total Current Assets
759
837
784
Cash, Cash Equivalents & STI
2
9
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Accounts Receivable, Net
449
463
426
Inventories
55
52
51
Total Current Liabilities
999
991
876
Payables & Accruals
365
357
472
ST Debt
259
173
64
Deferred Revenue
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Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.71%
9.01%
4.37%
Free Cash Flow
29.93%
153.29%
-30.78%
Net Income, GAAP
7.28%
7.49%
8.77%
Sales/Revenue/Turnover
-0.25%
3.75%
4.4%
Total Cash Common Dividend
49.95%
79.55%
429.84%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
732
667
775
714
2,887
2018
785
695
865
751
3,096
2019
849
741
854
789
3,233

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
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2018
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2019
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Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
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2018
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2019
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Business
The Connecticut Light and Power Company (CL&P), a wholly owned subsidiary of Eversource Energy, operates as a regulated electric utility, engaging in the purchase, transmission, delivery, and sale of electricity to approximately 1.27 million residential, commercial, and industrial customers across 149 cities and towns in Connecticut, spanning about 4,400 square miles; it furnishes retail franchise electric service through its distribution business while participating in Eversource Energy's electric transmission operations serving broader New England customers; the company does not own generation facilities but maintains transmission infrastructure integrated into the regional interstate power grid. Founded in 1917 and headquartered at 107 Selden Street in Berlin, Connecticut, CL&P focuses on reliable service amid growing demand, supported by ongoing grid modernization efforts including underground cable replacements and substation developments. In recent developments, CL&P issued a $300 million bond offering in August 2024 to support infrastructure investments; participated in Eversource's expanded five-year capital plan totaling $24.2 billion through 2029, with heightened emphasis on transmission ($6.8 billion) and distribution ($10.3 billion) projects driven by electrification and resiliency needs; advanced a $315.8 million underground transmission cable modernization project in Hartford, approved in June 2024 with construction underway through 2027; and declared preferred dividends in March 2025 amid regulatory shifts like Connecticut's Senate Bill 4 enabling storm cost securitization from 2018-2025, though facing a Moody's rating downgrade to Baa1 in 2025 due to the state regulatory environment.