Consolidated Edison Inc

ED Utilities Utilities Regulated Electric

Consolidated Edison Inc’s revenue for fiscal 2025 (year ended December 2025) was $16.9 billion, up 10.9% from fiscal 2024. In the quarter to June 2026, revenue grew 13.2%, EPS grew 22.1%, free cash flow fell 30.8% and total debt rose 6.85%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years; insiders bought in the last twelve months.

112.26 2.40 +2.18%
Market cap
$40.5B
P/E
18.4×
Fwd P/E
17.0×
Dividend yield
3.13%
F-score
6/9
Altman Z
1.06
Beneish M
−2.63
Dividend safety
47/100
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
P/E ratio
17.79 16.88 17.22 22.17 21.90 22.10 20.46 12.82 16.96 17.52
Piotroski F-Score
5 6 3 6 5 6 7 5 7 6
P/S ratio
1.83 2.13 1.93 2.36 1.98 2.17 2.17 2.19 2.02 2.10
Altman Z-Score
1.10 1.18 1.00 1.04 0.87 1.04 1.04 1.08 1.00 1.06
Altman Z″-Score (non-manufacturers)
1.42 1.39 1.17 1.18 1.11 1.40 1.43 1.48 1.40 1.43
P/FCF ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Beneish M-Score
(2.85) (2.85) (2.40) (2.69) (2.21) (2.56) (2.58) (2.17) (2.59) (2.63)
P/Operating CF
19.70 22.52 21.76 25.31 29.15 29.11 25.78 32.95 23.57 23.98
Dividend Safety Score
— — — — — — — — — 47
P/B ratio
1.55 1.66 1.42 1.63 1.27 1.46 1.63 1.52 1.41 1.47
Price to Tangible BV
1.61 1.73 1.62 1.83 1.41 1.60 1.66 1.55 1.43 1.49
EV/Sales
2.99 3.40 3.39 3.86 3.70 3.77 3.44 3.62 3.59 3.56
EV/EBITDA
9.02 9.93 10.19 11.12 9.90 10.63 11.51 10.16 11.34 11.45
EV/Operating CF
10.43 12.13 15.51 15.47 20.60 18.89 13.69 24.64 15.14 12.54
EV/FCF
(206.07) (140.87) (39.62) (106.54) (22.40) (56.48) (94.49) (19.49) (33.54) (135.21)
Quick Ratio
0.58 0.45 0.42 0.42 0.47 0.63 0.32 0.63 0.65 0.67
Current Ratio
0.89 0.72 0.62 0.68 0.72 1.02 1.14 1.01 1.04 1.02
Net Debt/EBITDA
3.49 3.69 4.38 4.30 4.61 4.51 4.26 4.02 4.94 4.69
Debt/Assets
30.62% 33.32% 35.18% 34.39% 35.80% 36.51% 30.69% 33.43% 35.64% 35.25%
Debt/Equity
1.03 1.04 1.13 1.10 1.18 1.13 1.01 1.05 1.15 1.09
Asset Turnover
0.26 0.25 0.24 0.22 0.20 0.22 0.24 0.22 0.22 0.23
Operating CF/Net income
2.78 2.21 1.95 2.33 2.00 2.03 2.37 0.86 1.99 2.37
Capex/Depreciation
(2.99) (2.73) (2.61) (2.13) (2.20) (1.79) (2.19) (2.40) (2.43) (2.26)
Interest Coverage
3.99 3.81 3.25 2.70 2.60 3.12 3.08 3.12 2.25 2.38
ROE
9.10% 10.26% 8.57% 7.66% 5.91% 6.83% 8.05% 11.98% 8.44% 8.77%
ROA
2.65% 3.17% 2.71% 2.40% 1.82% 2.14% 2.51% 3.72% 2.66% 2.79%
ROIC
6.15% 5.66% 4.78% 4.52% 4.13% 4.18% 4.02% 4.74% 3.64% 3.75%
Return on Tangible Assets
3.58% 4.21% 3.51% 3.21% 2.47% 2.76% 3.43% 5.07% 3.47% 3.64%
Average Days of Receivables
41.71 40.62 47.37 41.80 59.76 60.16 55.11 71.27 68.83 60.97
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
42.19% 44.00% 43.92% 44.39% 44.01% 44.34% 44.10% 45.35% 46.09% 44.69%
Intangible Assets out of Total Assets
0.01 0.01 0.04 0.03 0.03 0.03 0.01 0.01 0.01 0.01
Share Based Compensation of Revenue
(0.08%) (0.09%) (0.10%) (0.11%) (0.14%) (0.15%) 0.00% 0.00% 0.00% 0.00%
Graham Net Nets
(1.38) (1.14) (1.39) (1.20) (1.59) (1.25) (1.04) (1.20) (1.36) (1.23)
Graham Number
66.60 74.79 73.46 71.34 65.02 71.20 78.77 99.36 86.67 92.92
Earnings Yield
5.62% 5.92% 5.81% 4.51% 4.57% 4.52% 4.89% 7.80% 5.89% 5.71%
Free Cash Flow Yield
(0.79%) (1.13%) (4.43%) (1.53%) (8.35%) (3.07%) (1.68%) (8.48%) (5.28%) (1.25%)
Revenue per Share
40.20 39.18 39.58 38.28 36.58 39.25 44.20 42.17 44.09 47.34
Operating CF per Share
11.51 10.96 8.65 9.54 6.57 7.84 11.10 6.20 10.45 13.43
Capex per Share
(12.10) (11.91) (12.03) (10.93) (12.60) (10.47) (12.71) (14.04) (15.16) (14.68)
Free Cash Flow per Share
(0.58) (0.94) (3.38) (1.39) (6.04) (2.62) (1.61) (7.84) (4.71) (1.25)
Cash per Share
2.76 2.75 3.23 3.70 4.29 3.29 3.62 3.42 3.83 4.56
Shareholders Equity per Share
47.62 50.23 54.02 55.44 56.94 58.37 58.93 60.85 63.47 67.68
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
47.62 50.23 54.02 55.44 56.94 58.37 58.93 60.85 63.47 67.68
Free Cash Flow
(175.00) (290.00) (1,055.00) (455.00) (2,021.00) (914.00) (570.00) (2,725.00) (1,631.00) (445.00)
Working Capital
(437.00) (1,365.00) (2,343.00) (2,015.00) (2,053.00) 124.00 1,636.00 75.00 231.00 136.00
Capital Expenditures
(3,634.00) (3,657.00) (3,750.00) (3,589.00) (4,219.00) (3,647.00) (4,505.00) (4,881.00) (5,245.00) (5,245.00)
Net Current Asset Value
(30,543.00) (29,149.00) (33,217.00) (35,594.00) (38,529.00) (37,229.00) (35,204.00) (38,636.00) (41,936.00) (43,663.00)
EV/EBIT
12.97 14.73 15.69 18.11 17.06 18.27 20.53 16.62 20.49 20.50
Capex to Sales
0.30 0.30 0.30 0.29 0.34 0.27 0.29 0.33 0.34 0.31
Price to Operating Income
7.96 9.25 8.95 11.11 9.12 10.52 12.94 10.05 11.56 12.09
Other line items
Depreciation/Fixed assets
0.03 0.04 0.03 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Cash ROIC
(0.59%) (0.90%) (2.87%) (1.15%) (4.70%) (2.05%) (1.31%) (6.12%) (3.37%) (0.85%)
Accounts Receivable Turnover
8.32 8.85 8.39 8.27 7.11 6.42 6.78 5.61 5.32 5.93
Accounts Payable Turnover
2.87 2.16 2.38 2.24 1.73 1.85 2.36 1.96 1.93 2.27
Inventory Turnover
8.96 7.80 8.52 7.42 6.45 6.95 8.78 7.60 7.00 8.09
Average Days of Payables
135.57 178.82 146.97 161.36 235.82 198.40 174.90 177.40 183.27 173.12
Days of Inventory on Hand
40.07 46.44 44.33 48.80 56.92 57.92 44.01 46.87 53.03 47.13
Average Receivables
1,451.00 1,359.50 1,470.00 1,520.50 1,722.50 2,129.50 2,310.00 2,614.50 2,870.00 2,851.50
Average Payables
1,077.50 1,216.50 1,236.50 1,175.50 1,319.50 1,486.00 1,726.00 1,865.00 1,725.50 1,811.50
Average Inventory
344.50 336.50 346.00 355.00 354.00 396.50 464.50 480.50 477.00 507.50
Average Assets
46,948.50 48,183.00 51,015.50 55,999.50 60,487.00 63,005.50 66,090.50 67,698.00 68,446.50 72,582.50
Average Common Equity
13,683.50 14,865.50 16,132.00 17,526.00 18,639.00 19,700.50 20,612.50 21,023.50 21,560.00 23,076.00

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