ED · Consolidated Edison Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $17.05B | $15.47B | $14.66B | $15.67B | $13.68B | $12.25B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | $27.00M | $25.00M | $24.00M |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $13.99B | $12.52B | $12.33B | $13.05B | $10.85B | $9.59B |
| D&A | $2.32B | $2.15B | $2.03B | $2.06B | $2.03B | $1.92B |
| Operating Income | $2.94B | $2.67B | $3.20B | $2.62B | $2.83B | $2.65B |
| Interest Expense | $1.23B | $1.19B | $1.02B | $852.00M | $905.00M | $1.02B |
| Income Tax | $574.00M | $318.00M | $487.00M | $498.00M | $190.00M | $90.00M |
| Net Income | $2.02B | $1.82B | $2.52B | $1.66B | $1.35B | $1.10B |
| EPS - Basic | $5.66 | $5.26 | $7.25 | $4.68 | $3.86 | $3.29 |
| EPS - Diluted | $5.64 | $5.24 | $7.21 | $4.66 | $3.85 | $3.28 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.63B | $1.32B | $1.19B | $1.28B | $992.00M | $1.27B |
| Accounts Receivable | $2.58B | $2.44B | $2.42B | $2.19B | $1.94B | $1.70B |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $1.95B | $1.68B | $1.77B | $1.96B | $1.50B | $1.48B |
| Current Assets | $6.75B | $6.66B | $6.54B | $12.97B | $5.55B | $5.30B |
| Total Assets | $74.60B | $70.56B | $66.33B | $69.06B | $63.12B | $62.90B |
| Current Liabilities | $6.61B | $6.43B | $6.46B | $11.34B | $5.43B | $7.35B |
| Long-term Debt | $25.55B | $24.71B | $21.99B | $22.44B | $22.60B | $20.38B |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $24.19B | $21.96B | $21.16B | $20.69B | $20.04B | $18.85B |
| Retained Earnings | $14.05B | - | - | - | - | - |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.80B | $3.61B | $2.16B | $3.94B | $2.73B | $2.20B |
| Investing Cash Flow | ($5.25B) | ($5.27B) | ($1.00B) | ($4.57B) | ($3.48B) | ($4.22B) |
| Financing Cash Flow | $746.00M | $1.80B | ($1.49B) | $1.01B | $461.00M | $2.25B |
| CapEx | - | - | - | $4.46B | $3.96B | $4.08B |
| Free Cash Flow | - | - | - | ($530.00M) | ($1.23B) | ($1.89B) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 17.2% | 17.3% | 21.8% | 16.7% | 20.7% | 21.7% |
| EBITDA margin | 30.8% | 31.2% | 35.6% | 29.9% | 35.5% | 37.4% |
| Net margin | 11.9% | 11.8% | 17.2% | 10.6% | 9.8% | 9.0% |
| Free cash flow margin | - | - | - | -3.4% | -9.0% | -15.4% |
| FCF / Net income | - | - | - | -0.32 | -0.91 | -1.71 |
| R&D / Revenue | - | - | - | 0.2% | 0.2% | 0.2% |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 22.1% | 14.9% | 16.2% | 23.1% | 12.4% | 7.6% |
| Return on assets | 2.7% | 2.6% | 3.8% | 2.4% | 2.1% | 1.8% |
| Return on equity | 8.4% | 8.3% | 11.9% | 8.0% | 6.7% | 5.8% |
| Return on invested capital | 4.6% | 4.9% | 6.2% | 4.7% | 5.8% | 6.3% |
| Liquidity | ||||||
| Current ratio | 1.02 | 1.04 | 1.01 | 1.14 | 1.02 | 0.72 |
| Quick ratio | 1.02 | 1.04 | 1.01 | 1.14 | 1.02 | 0.72 |
| Cash ratio | 0.25 | 0.21 | 0.18 | 0.11 | 0.18 | 0.17 |
| Leverage | ||||||
| Debt / Equity | 1.06 | 1.13 | 1.04 | 1.08 | 1.13 | 1.08 |
| Debt / Assets | 0.34 | 0.35 | 0.33 | 0.32 | 0.36 | 0.32 |
| Debt / EBITDA | 4.86 | 5.12 | 4.21 | 4.79 | 4.65 | 4.46 |
| Interest coverage | 2.4x | 2.2x | 3.1x | 3.1x | 3.1x | 2.6x |
| Equity multiplier | 3.08 | 3.21 | 3.14 | 3.34 | 3.15 | 3.34 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.23 | 0.22 | 0.22 | 0.23 | 0.22 | 0.19 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 55d | 58d | 60d | 51d | 52d | 51d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 17.6x | 17.0x | 12.6x | 20.5x | 22.2x | 22.0x |
| P / B | 1.5x | 1.4x | 1.5x | 1.6x | 1.5x | 1.3x |
| P / S | 2.1x | 2.0x | 2.2x | 2.2x | 2.2x | 2.0x |
| EV / EBITDA | 11.3x | 11.3x | 10.1x | 11.8x | 10.6x | 9.5x |
| Growth | ||||||
| Revenue growth (YoY) | 10.2% | 5.5% | -6.4% | 14.6% | 11.7% | -2.6% |
| Revenue CAGR (3y) | 2.9% | 4.2% | 6.2% | 7.6% | 3.5% | 0.6% |
| Revenue CAGR (5y) | 6.8% | 4.2% | 3.5% | 5.4% | 2.5% | -0.5% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 9.9% | -16.5% | 21.8% | -7.1% | 6.5% | -0.8% |
| Net income growth (YoY) | 11.2% | -27.7% | 51.7% | 23.3% | 22.3% | -18.0% |
| EPS growth (YoY) | 7.6% | -27.3% | 54.7% | 21.0% | 17.4% | -19.6% |
| EPS CAGR (3y) | 6.6% | 10.8% | 30.0% | 4.5% | -4.5% | -12.8% |
| EPS CAGR (5y) | 11.5% | 5.1% | 10.3% | -1.2% | -1.3% | -4.1% |
| FCF growth (YoY) | - | - | - | 56.9% | 34.8% | -248.2% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 10.1% | 3.8% | 2.3% | 3.2% | 6.3% | 4.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$4.00M totalCon Edison Transmission$4.00M · 100.0%
Product / service
$16.89B totalElectricity$12.60B · 74.6%
Oil And Gas Purchased$3.61B · 21.4%
Steam$703.00M · 4.2%
Leaks And Service Terminations$8.00M · 0.0%
Non Utility Products And Services$3.00M · 0.0%
Product And Service Other($31.00M) · -0.2%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Electric & Other Services Combined
Comparing CONSOLIDATED EDISON INC against the 5 most active filers in the same SIC group.
Dividends
$3.48/share trailing 12 months · +3.5% YoY
| Ex-date | Per share |
|---|---|
| May 13, 2026 | $0.8880 |
| Feb 18, 2026 | $0.8880 |
| Nov 19, 2025 | $0.8500 |
| Aug 13, 2025 | $0.8500 |
| May 14, 2025 | $0.8500 |
| Feb 19, 2025 | $0.8500 |
| Nov 13, 2024 | $0.8300 |
| Aug 14, 2024 | $0.8300 |
| May 14, 2024 | $0.8300 |
| Feb 13, 2024 | $0.8300 |
| Nov 14, 2023 | $0.8100 |
| Aug 15, 2023 | $0.8100 |
| May 16, 2023 | $0.8100 |
| Feb 14, 2023 | $0.8100 |
| Nov 15, 2022 | $0.7900 |
| Aug 16, 2022 | $0.7900 |
| May 17, 2022 | $0.7900 |
| Feb 15, 2022 | $0.7900 |
| Nov 16, 2021 | $0.7750 |
| Aug 17, 2021 | $0.7750 |
| May 18, 2021 | $0.7750 |
| Feb 16, 2021 | $0.7750 |
| Nov 17, 2020 | $0.7650 |
| Aug 18, 2020 | $0.7650 |