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Friday 6 November 2026 Export ED’s income statement to Excel — free account

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.

Revenue
+8.45%
EPS
+8.38%
Free cash flow
+238.0%
Total debt
+4.82%

Quarter to September 2026, against a year earlier

118.79 2.65 −2.18%
Market cap
$44.8B
P/E
18.9×
Fwd P/E
18.2×
Dividend yield
2.96%
F-score
6/9
Altman Z
1.06
Beneish M
−2.63
Dividend safety
47/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
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Consolidated Edison Inc (ED) Operating margin

Alert me on Operating margin

Consolidated Edison Inc's operating margin over the twelve months to 30 September 2026 was 18.7%, up 1.4 percentage points from fiscal 2025 (17.4%). Over the past ten years it has ranged from 16.8% (fiscal 2022) to 23.1% (fiscal 2017); the current reading is higher than 18% of that period. That is below the Utilities Regulated Electric industry median of 21.7% and in line with the Utilities sector median of 18.8%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 17.4% (0.15)
FY2024 17.5% (4.30)
FY2023 21.8% 5.05
FY2022 16.8% (3.91)
FY2021 20.7% (1.01)
FY2020 21.7% 0.39
FY2019 21.3% (0.31)
FY2018 21.6% (1.46)
FY2017 23.1% 0.03
FY2016 23.0% 3.69

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 23.8% 10.24
Jun 2026 13.6% (9.53)
Mar 2026 23.1% 10.91
Dec 2025 12.2% (9.18)
43 more quarters

Against its own ten years

Low 16.8% High 23.1%
Ten-year median 21.3%
Current reading's percentile 30

Operating margin against peers

Company Operating margin
FTS Fortis compare 28.4%
AEE Ameren Corporation compare 25.2%
ETR Entergy Corporation compare 24.6%
WEC WEC Energy Group, Inc. compare 23.5%
D Dominion Energy Inc. compare 22.5%
XEL Xcel Energy Inc. compare 21.7%
PEG Public Service Enterprise Group Incorporated compare 21.6%
EXC Exelon Corporation compare 19.9%
ED Consolidated Edison Inc 18.7%
Utilities Regulated Electric industry median 21.7%
Utilities sector median 18.8%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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