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6Mar 11, 2026·SEC
Feb 25, 2026·SEC
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Consolidated Edison, Inc. (ED) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Consolidated Edison, Inc. (ED) stock price & volume — 10-year historical chart
Consolidated Edison, Inc. (ED) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Consolidated Edison, Inc. (ED) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 19, 2026 | $0.89vs $0.86+4.0% | $4.0Bvs $3.6B+10.6% |
| Q4 2025 | Nov 6, 2025 | $1.90vs $1.74+9.2% | $4.5Bvs $4.2B+7.4% |
| Q3 2025 | Aug 7, 2025 | $0.67vs $0.64+4.5% | $3.6Bvs $3.5B+3.9% |
| Q2 2025 | May 1, 2025 | $2.25vs $2.21+1.8% | $4.8Bvs $4.3B+12.6% |
Consolidated Edison, Inc. (ED) competitors in Electric and gas combination utilities — business model, growth, and fundamentals comparison
Consolidated Edison, Inc. (ED) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Consolidated Edison, Inc. (ED) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.03B | 12.33B | 12.55B | 12.24B | 13.67B | 15.66B | 14.65B | 15.26B | 16.92B | 16.59B |
| Revenue Growth % | -0.31% | 2.54% | 1.75% | -2.47% | 11.72% | 14.57% | -6.5% | 4.17% | 10.89% | 10.35% |
| Cost of Revenue | 3.94B | 4.36B | 4.29B | 4.17B | 4.78B | 6.11B | 5.69B | 5.49B | 3.21B | 5.91B |
| Gross Profit | 8.08B▲ 0% | 7.97B▼ 1.3% | 8.26B▲ 3.5% | 8.06B▼ 2.3% | 8.89B▲ 10.2% | 9.55B▲ 7.5% | 8.96B▼ 6.2% | 9.76B▲ 9.0% | 13.71B▲ 40.4% | 10.69B▲ 0% |
| Gross Margin % | 67.2% | 64.66% | 65.8% | 65.9% | 65.01% | 60.98% | 61.17% | 63.99% | 81.05% | 64.4% |
| Gross Profit Growth % | 70.85% | -1.34% | 3.54% | -2.33% | 10.22% | 7.46% | -6.21% | 8.97% | 40.45% | - |
| Operating Expenses | 5.32B | 5.44B | 5.61B | 5.41B | 6.09B | 6.94B | 6.65B | 7.03B | 13.99B | 7.73B |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 4.11B | 3.97B | 4.34B | 4.57B | 4.83B | 4.67B | 4.34B | 4.89B | 5.26B | 5.24B |
| EBITDA Margin % | 34.14% | 32.2% | 34.55% | 37.36% | 35.34% | 29.82% | 29.64% | 32.03% | 31.07% | 31.56% |
| EBITDA Growth % | 5.5% | -3.29% | 9.19% | 5.44% | 5.69% | -3.33% | -7.06% | 12.58% | 7.55% | 9.08% |
| Depreciation & Amortization | 1.34B | 1.44B | 1.68B | 1.92B | 2.03B | 2.06B | 2.03B | 2.15B | 2.32B | 2.28B |
| D&A / Revenue % | 11.15% | 11.66% | 13.42% | 15.69% | 14.86% | 13.12% | 13.87% | 14.13% | 13.72% | 13.74% |
| Operating Income (EBIT) | 2.77B▲ 0% | 2.53B▼ 8.4% | 2.65B▲ 4.7% | 2.65B▲ 0.0% | 2.8B▲ 5.6% | 2.62B▼ 6.6% | 2.31B▼ 11.7% | 2.73B▲ 18.3% | 2.94B▲ 7.4% | 2.96B▲ 0% |
| Operating Margin % | 22.99% | 20.54% | 21.13% | 21.67% | 20.48% | 16.69% | 15.77% | 17.91% | 17.35% | 17.82% |
| Operating Income Growth % | 3.33% | -8.39% | 4.7% | 0% | 5.58% | -6.61% | -11.66% | 18.27% | 7.43% | - |
| Interest Expense | 729M | 819M | 955M | 1.02B | 919M | 951M | 1.02B | 1.19B | 3.83B | 4M |
| Interest Coverage | 3.79x | 3.09x | 2.78x | 2.60x | 3.05x | 2.75x | 2.26x | 2.30x | 0.77x | - |
| Interest / Revenue % | 6.06% | 6.64% | 7.61% | 8.33% | 6.72% | 6.07% | 6.98% | 7.78% | 22.64% | 0.02% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -4M |
| Pretax Income | 2B▲ 0% | 1.78B▼ 10.7% | 1.74B▼ 2.6% | 1.23B▼ 28.9% | 1.38B▲ 12.1% | 2.1B▲ 51.7% | 3B▲ 43.1% | 2.14B▼ 28.8% | 2.6B▲ 21.5% | 2.54B▲ 0% |
| Pretax Margin % | 16.6% | 14.46% | 13.83% | 10.08% | 10.11% | 13.39% | 20.5% | 14.01% | 15.35% | 15.31% |
| Income Tax | 472M | 401M | 296M | 90M | 190M | 498M | 487M | 318M | 574M | 505M |
| Effective Tax Rate % | 23.64% | 22.49% | 17.05% | 7.29% | 13.74% | 23.74% | 16.22% | 14.87% | 22.1% | 19.88% |
| Net Income | 1.52B▲ 0% | 1.38B▼ 9.4% | 1.34B▼ 2.8% | 1.1B▼ 18.0% | 1.35B▲ 22.3% | 1.66B▲ 23.3% | 2.52B▲ 51.7% | 1.82B▼ 27.7% | 2.02B▲ 11.2% | 2.04B▲ 0% |
| Net Margin % | 12.68% | 11.21% | 10.7% | 9% | 9.84% | 10.6% | 17.2% | 11.93% | 11.96% | 12.26% |
| Net Income Growth % | 22.49% | -9.38% | -2.82% | -18.02% | 22.25% | 23.33% | 51.75% | -27.75% | 11.15% | 10.36% |
| EPS (Diluted) | 4.94▲ 0% | 4.42▼ 10.5% | 4.08▼ 7.7% | 3.28▼ 19.6% | 3.85▲ 17.4% | 4.67▲ 21.3% | 7.21▲ 54.4% | 5.24▼ 27.3% | 5.64▲ 7.6% | 5.62▲ 0% |
| EPS Growth % | 19.9% | -10.53% | -7.69% | -19.61% | 17.38% | 21.3% | 54.39% | -27.32% | 7.63% | 7.52% |
| EPS (Basic) | 4.97 | 4.43 | 4.09 | 3.29 | 3.86 | 4.68 | 7.24 | 5.26 | 5.66 | - |
| Diluted Shares Outstanding | 308.8M | 312.9M | 329.5M | 335.7M | 349.4M | 355.8M | 349.3M | 347.3M | 358.7M | 361.9M |
Consolidated Edison, Inc. (ED) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 48.11B | 53.92B | 58.08B | 62.9B | 63.12B | 69.06B | 66.33B | 70.56B | 24.57B | 71.84B |
| Asset Growth % | -0.3% | 12.07% | 7.71% | 8.29% | 0.35% | 9.43% | -3.96% | 6.38% | -65.18% | 22.33% |
| PP&E (Net) | 37.6B | 41.75B | 44.75B | 47.39B | 49.41B | 47.33B | 50.14B | 52.66B | 0 | 54.86B |
| PP&E / Total Assets % | 78.15% | 77.43% | 77.04% | 75.35% | 78.28% | 68.54% | 75.59% | 74.63% | 0% | 76.36% |
| Total Current Assets | 3.54B | 3.86B | 4.27B | 5.3B | 5.55B | 12.97B | 6.54B | 6.66B | 80M | 5.46B |
| Cash & Equivalents | 797M | 895M | 981M | 1.27B | 992M | 1.28B | 1.19B | 1.32B | 1M | 181M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 334M | 358M | 352M | 356M | 437M | 492M | 469M | 485M | 0 | 516M |
| Other Current Assets | 527M | 309M | 564M | 661M | 721M | 7.7B | 621M | 483M | 31M | 272M |
| Long-Term Investments | 2B | 1.77B | 2.06B | 1.82B | 853M | 841M | 999M | 1.13B | 23.87B | 4.68B |
| Goodwill | 428M | 440M | 446M | 446M | 439M | 408M | 408M | 408M | 406M | 408M |
| Intangible Assets | 131M | 1.65B | 1.56B | 1.46B | 1.29B | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 4.41B | 4.45B | 4.99B | 6.48B | 5.58B | 7.51B | 8.25B | 9.71B | 212M | 9.88B |
| Total Liabilities | 32.69B | 37.08B | 39.87B | 43.83B | 42.78B | 48.18B | 45.17B | 48.6B | 377M | 47.68B |
| Total Debt | 16.61B | 20.71B | 22.54B | 25.08B | 25.36B | 24.41B | 25.01B | 27.82B | 315M | 26.68B |
| Net Debt | 15.81B | 19.82B | 21.56B | 23.81B | 24.37B | 23.13B | 23.82B | 26.5B | 314M | 26.49B |
| Long-Term Debt | 14.73B | 17.5B | 18.53B | 20.38B | 22.6B | 20.15B | 21.93B | 24.65B | 0 | 24.91B |
| Short-Term Borrowings | 1.88B | 3.22B | 3.14B | 3.84B | 1.93B | 3.69B | 2.54B | 2.67B | 315M | 1.25B |
| Capital Lease Obligations | 0 | 0 | 874M | 860M | 830M | 579M | 545M | 504M | 0 | 2.04B |
| Total Current Liabilities | 4.9B | 6.21B | 6.29B | 7.35B | 5.43B | 11.34B | 6.46B | 6.43B | 371M | 5.08B |
| Accounts Payable | 1.29B | 1.19B | 1.16B | 1.48B | 1.5B | 1.96B | 1.77B | 1.68B | 5M | 1.58B |
| Accrued Expenses | 248M | 238M | 255M | 257M | 264M | 269M | 295M | 326M | 0 | 1.64B |
| Deferred Revenue | 346M | 351M | 346M | 311M | 300M | 358M | 396M | 412M | 0 | 484M |
| Other Current Liabilities | 1.04B | 1.15B | 1.24B | 1.23B | 1.22B | 4.86B | 1.27B | 1.16B | 56M | 1.09B |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 36.78B |
| Other Liabilities | 7.56B | 7.56B | 8.02B | 8.86B | 7.16B | 8.58B | 8.29B | 8.26B | 6M | 7.8B |
| Total Equity | 15.43B▲ 0% | 16.84B▲ 9.2% | 18.21B▲ 8.2% | 19.07B▲ 4.7% | 20.34B▲ 6.7% | 20.89B▲ 2.7% | 21.16B▲ 1.3% | 21.96B▲ 3.8% | 24.19B▲ 10.1% | 24.17B▲ 0% |
| Equity Growth % | 7.82% | 9.17% | 8.16% | 4.68% | 6.67% | 2.72% | 1.29% | 3.8% | 10.14% | 34.38% |
| Shareholders Equity | 15.42B | 16.73B | 18.02B | 18.85B | 20.04B | 20.69B | 21.16B | 21.96B | 24.19B | 24.17B |
| Minority Interest | 7M | 113M | 191M | 218M | 299M | 202M | 0 | 0 | 0 | 0 |
| Common Stock | 34M | 34M | 35M | 36M | 37M | 37M | 37M | 37M | 11.47B | 39M |
| Additional Paid-in Capital | 6.3B | 7.12B | 8.05B | 8.81B | 9.71B | 9.8B | 9.86B | 9.99B | 0 | 11.4B |
| Retained Earnings | 10.23B | 10.73B | 11.1B | 11.18B | 11.45B | 11.98B | 13.38B | 14.05B | 12.71B | 14.87B |
| Accumulated OCI | -26M | -16M | -19M | -25M | 5M | 22M | 22M | 29M | 0 | 17M |
| Return on Assets (ROA) | 3.16% | 2.71% | 2.4% | 1.82% | 2.14% | 2.51% | 3.72% | 2.66% | 4.25% | 2.83% |
| Return on Equity (ROE) | 10.26% | 8.57% | 7.66% | 5.91% | 6.83% | 8.05% | 11.98% | 8.44% | 8.77% | 8.42% |
| Debt / Equity | 1.08x | 1.23x | 1.24x | 1.32x | 1.25x | 1.17x | 1.18x | 1.27x | 0.01x | 0.01x |
| Debt / Assets | 34.52% | 38.41% | 38.81% | 39.87% | 40.18% | 35.35% | 37.7% | 39.43% | 1.28% | 37.13% |
| Net Debt / EBITDA | 3.85x | 4.99x | 4.97x | 5.21x | 5.04x | 4.95x | 5.49x | 5.42x | 0.06x | 0.06x |
| Book Value per Share | 49.95 | 53.82 | 55.27 | 56.79 | 58.2 | 58.71 | 60.57 | 63.24 | 67.44 | 66.78 |
Consolidated Edison, Inc. (ED) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 3.37B | 2.69B | 3.13B | 2.2B | 2.73B | 3.94B | 2.16B | 3.61B | 4.53B | 4.53B |
| Operating CF Growth % | -2.66% | -19.96% | 16.29% | -29.87% | 24.34% | 43.98% | -45.21% | 67.63% | 25.32% | 156.8% |
| Operating CF / Revenue % | 27.99% | 21.85% | 24.97% | 17.96% | 19.99% | 25.12% | 14.72% | 23.69% | 26.77% | 27.3% |
| Net Income | 1.52B | 1.38B | 1.44B | 1.14B | 1.19B | 1.6B | 2.52B | 1.82B | 1.91B | 2.04B |
| Depreciation & Amortization | 1.34B | 1.44B | 1.68B | 1.92B | 2.03B | 2.06B | 2.03B | 2.15B | 2.19B | 2.28B |
| Deferred Taxes | 485M | 408M | 308M | 85M | 133M | 435M | 132M | 416M | 435M | 466M |
| Other Non-Cash Items | -621M | -510M | -455M | -93M | 37M | -47M | -868M | 144M | -5M | 154M |
| Working Capital Changes | 637M | -23M | 157M | -858M | -662M | -109M | -1.66B | -921M | 0 | -306M |
| Capital Expenditures | -3.44B | -5.47B | -3.49B | -3.91B | -3.95B | -4.17B | -4.49B | -4.77B | 0 | -1.24B |
| CapEx / Revenue % | 28.62% | 44.36% | 27.78% | 31.94% | 28.91% | 26.61% | 30.68% | 31.27% | 0% | 7.46% |
| CapEx / D&A | 2.57x | 3.80x | 2.07x | 2.04x | 1.95x | 2.03x | 2.21x | 2.21x | 0.00x | 0.54x |
| CapEx Coverage (OCF/CapEx) | 0.98x | 0.49x | 0.90x | 0.56x | 0.69x | 0.94x | 0.48x | 0.76x | - | 3.66x |
| Cash from Investing | -3.71B | -5.47B | -3.78B | -4.22B | -3.48B | -4.57B | -1B | -5.27B | -4.8B | -5.17B |
| Acquisitions | -90M | -1.75B | -215M | -27M | 812M | 0 | 3.93B | 0 | 0 | 0 |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -177M | -219M | -81M | -288M | -343M | -397M | -436M | -502M | -4.8B | -3.93B |
| Cash from Financing | 357M | 2.94B | 859M | 2.25B | 461M | 1.01B | -1.49B | 1.8B | 598M | 620M |
| Dividends Paid | -803M | -842M | -924M | -975M | -1.03B | -1.09B | -1.1B | -1.1B | -1.13B | -1.15B |
| Dividend Payout Ratio % | 52.66% | 60.93% | 68.8% | 88.56% | 76.52% | 65.6% | 43.51% | 60.44% | - | - |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 |
| Stock Issued | 343M | 705M | 825M | 640M | 775M | 0 | 0 | 60M | 0 | 1.34B |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | -1B | 0 | 0 | 0 |
| Other Financing | 31M | -6M | 10M | -5M | 254M | 7M | 20M | -43M | 1.73B | 12M |
| Net Change in Cash | 21M▲ 0% | 162M▲ 671.4% | 211M▲ 30.2% | 219M▲ 3.8% | -290M▼ 232.4% | 384M▲ 232.4% | -335M▼ 187.2% | 138M▲ 141.2% | 0▼ 100.0% | 80M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 776M | 844M | 1.01B | 1.22B | 1.44B | 1.15B | 1.53B | 1.2B | 1.25B | 1.51B |
| Cash at End | 797M | 1.01B | 1.22B | 1.44B | 1.15B | 1.53B | 1.2B | 1.33B | 0 | 182M |
| Free Cash Flow | -76M▲ 0% | -2.78B▼ 3552.6% | -352M▲ 87.3% | -1.71B▼ 386.1% | -1.22B▲ 28.7% | -233M▲ 80.9% | -2.34B▼ 903.4% | -1.16B▲ 50.5% | 4.53B▲ 491.4% | 3.39B▲ 0% |
| FCF Growth % | 65.61% | -3552.63% | 87.32% | -386.08% | 28.7% | 80.9% | -903.43% | 50.51% | 491.44% | 324.64% |
| FCF Margin % | -0.63% | -22.51% | -2.81% | -13.98% | -8.92% | -1.49% | -15.96% | -7.58% | 26.77% | 20.44% |
| FCF / Net Income % | -4.98% | -200.87% | -26.21% | -155.4% | -90.64% | -14.04% | -92.81% | -63.57% | 223.88% | 166.68% |
Consolidated Edison, Inc. (ED) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 10.26% | 8.57% | 7.66% | 5.91% | 6.83% | 8.05% | 11.98% | 8.44% | 8.77% | 8.42% |
| EBITDA Margin | 34.14% | 32.2% | 34.55% | 37.36% | 35.34% | 29.82% | 29.64% | 32.03% | 31.07% | 31.56% |
| Net Debt / EBITDA | 3.85x | 4.99x | 4.97x | 5.21x | 5.04x | 4.95x | 5.49x | 5.42x | 0.06x | 0.06x |
| Interest Coverage | 3.79x | 3.09x | 2.78x | 2.60x | 3.05x | 2.75x | 2.26x | 2.30x | 0.77x | - |
| CapEx / Revenue | 28.62% | 44.36% | 27.78% | 31.94% | 28.91% | 26.61% | 30.68% | 31.27% | 0% | 7.46% |
| Dividend Payout Ratio | 52.66% | 60.93% | 68.8% | 88.56% | 76.52% | 65.6% | 43.51% | 60.44% | - | 56.36% |
| Debt / Equity | 1.08x | 1.23x | 1.24x | 1.32x | 1.25x | 1.17x | 1.18x | 1.27x | 0.01x | 0.01x |
| EPS Growth | 19.9% | -10.53% | -7.69% | -19.61% | 17.38% | 21.3% | 54.39% | -27.32% | 7.63% | 7.52% |
Consolidated Edison, Inc. (ED) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 11, 2026·SEC
Feb 25, 2026·SEC
Feb 19, 2026·SEC
Consolidated Edison, Inc. (ED) stock FAQ — growth, dividends, profitability & financials explained
Consolidated Edison, Inc. (ED) reported $16.59B in revenue for fiscal year 2025. This represents a 138% increase from $6.96B in 1996.
Consolidated Edison, Inc. (ED) grew revenue by 10.9% over the past year. This is steady growth.
Yes, Consolidated Edison, Inc. (ED) is profitable, generating $2.04B in net income for fiscal year 2025 (12.0% net margin).
Yes, Consolidated Edison, Inc. (ED) pays a dividend with a yield of 2.90%. This makes it attractive for income-focused investors.
Consolidated Edison, Inc. (ED) has a return on equity (ROE) of 8.8%. This is below average, suggesting room for improvement.
Consolidated Edison, Inc. (ED) generated $3.39B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Consolidated Edison, Inc. (ED) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.
Consolidated Edison, Inc. (ED) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates