Saturday 17 October 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. 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%

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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

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Share dilution May 7, 2026

All filings →

Insider Decisions trades per month

Total buys 0.00

Total sells 1.33

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	1	—	—	1	—	—	1	—	—	1	—
Sell	—	1	—	1	1	—	—	—	—	—	—	—

Insider Ownership 0.25%

Capital & Financial Ratios $m

Market Cap 40,490.00

Revenue 17,689.00

Net Income 2,217.00

Free Cash Flow (1,300.00)

Net Debt 25,623.00

Current Ratio 1.27

Debt/Equity 1.05

P/E ratio 18.37

Fwd P/E 17.00

P/S ratio 2.34

P/B ratio 1.61

Past 5Y EPS Growth 11.45%

This Y EPS Growth 7.13%

Next Y EPS Growth 6.38%

Next Y revenue growth 3.83%

Next 5Y EPS Growth 6.70%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 43.49%

10-year low 10-year high

P/S against its own 10 years 87.84%

10-year low 10-year high

P/B against its own 10 years 70.70%

10-year low 10-year high

EV/Sales against its own 10 years 75.08%

10-year low 10-year high

Dividends

Payout Ratio 0.58

Annual Dividend Rate 3.51

Annual Dividend Yield 3.13%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	3.56	0.89 0.89 0.89
2025	3.40	0.85 0.85 0.85 0.85
2024	3.32	0.83 0.83 0.83 0.83
2023	3.24	0.81 0.81 0.81 0.81
2022	3.16	0.79 0.79 0.79 0.79
2021	3.10	0.78 0.78 0.78 0.78
2020	3.06	0.77 0.77 0.77 0.77
2019	2.96	0.74 0.74 0.74 0.74
2018	2.86	0.72 0.72 0.72 0.72
2017	2.76	0.69 0.69 0.69 0.69
2016	2.68	0.67 0.67 0.67 0.67

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,189	1,324	1,629	1,470
Receivables	2,863	2,877	2,826	2,799
Inventory	469	485	530	534
Other	1,546	1,533	1,384	1,547
	6,537	6,664	6,750	6,790

	2023	2024	2025	Q'26
Payables	1,775	1,676	1,947	1,772
ST’ Debt	250	500	750	250
Other	1,665	1,573	1,752	2,010
	6,462	6,433	6,614	5,354

Compound Annual Growth %

	10y	5y	3y
Sales	3.03%	6.68%	2.59%
Cash Flow	3.89%	16.91%	6.85%
Earnings	5.42%	12.94%	6.81%
Book Value	6.36%	4.88%	5.01%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	5,095	4,069	—	—	—
’25	4,798	3,595	4,530	3,995	16,918
’24	4,280	3,220	4,092	3,664	15,256
’23	4,403	2,944	3,872	3,444	14,663
’22	4,060	3,415	4,165	4,030	15,670
’21	3,677	2,971	3,613	3,415	13,676
’20	3,234	2,719	3,333	2,960	12,246

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	174	1,797	—	—	—
’25	837	1,979	504	1,480	4,800
’24	573	1,339	392	1,310	3,614
’23	92	1,072	17	975	2,156
’22	473	1,484	661	1,317	3,935
’21	289	1,104	319	1,021	2,733
’20	412	768	188	830	2,198

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1,105)	394	—	—	—
’25	(425)	569	(619)	30	(445)
’24	(771)	73	(866)	(67)	(1,631)
’23	2,735	(77)	(1,077)	(4,306)	(2,725)
’22	(469)	331	(545)	113	(570)
’21	(806)	22	(118)	(12)	(914)
’20	(553)	(194)	(861)	(413)	(2,021)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	2.54	0.83	—	—	—
’25	2.25	0.68	1.90	0.82	5.64
’24	2.08	0.58	1.69	0.89	5.24
’23	4.05	0.65	1.52	0.96	7.21
’22	1.70	0.72	1.72	0.53	4.66
’21	1.22	0.48	1.52	0.63	3.85
’20	1.12	0.57	1.47	0.13	3.28

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	63.47	72.13	71.12	73.30	62.03	65.56	78.10	80.46	85.85	87.28	Analyst estimates 2026–2028 Powerpack
	High	81.88	89.70	84.94	94.97	95.10	85.60	102.21	100.92	107.75	114.87
People
People	Employees	14,960	15,591	15,296	14,890	14,071	13,871	14,319	14,592	15,097	15,407
	Revenue/emp, $m	0.81	0.77	0.81	0.84	0.87	0.99	1.09	1.00	1.01	1.10
Income, $m
Income, $m	Revenue	12,075	12,033	12,337	12,574	12,246	13,676	15,670	14,663	15,256	16,918
	Gross margin, %	74.43	78.18	76.10	79.06	81.36	79.86	73.96	75.09	78.12	75.74
	EBT	1,943	1,997	1,783	1,736	1,234	1,383	2,098	3,003	2,138	2,597
	EBT margin, %	16.09	16.60	14.45	13.81	10.08	10.11	13.39	20.48	14.01	15.35
	Net income	1,245	1,525	1,382	1,440	1,144	1,193	1,600	2,516	1,820	2,023
	Depreciation	1,216	1,341	1,438	1,684	1,920	2,032	2,056	2,031	2,155	2,321
Per share, $
Per share, $	Revenue	40.20	39.18	39.58	38.28	36.58	39.25	44.20	42.17	44.09	47.34
	Earnings	4.15	4.97	4.43	4.09	3.29	3.86	4.68	7.25	5.26	5.66
	Cash flow	11.51	10.96	8.65	9.54	6.57	7.84	11.10	6.20	10.45	13.43
	Capex	(12.10)	(11.91)	(12.03)	(10.93)	(12.60)	(10.47)	(12.71)	(14.04)	(15.16)	(14.68)
	Free cash flow	(0.58)	(0.94)	(3.38)	(1.39)	(6.04)	(2.62)	(1.61)	(7.84)	(4.71)	(1.25)
	Book value	47.62	50.23	54.02	55.44	56.94	58.37	58.93	60.85	63.47	67.68
	Shares, m	300	307	312	329	335	348	355	348	346	357
Valuation, ×
Valuation, ×	P/E	17.79	16.88	17.22	22.17	21.90	22.10	20.46	12.82	16.96	17.52
	P/S	1.83	2.13	1.93	2.36	1.98	2.17	2.17	2.19	2.02	2.10
	P/B	1.55	1.66	1.42	1.63	1.27	1.46	1.63	1.52	1.41	1.47
	EV/Sales	2.99	3.40	3.39	3.86	3.70	3.77	3.44	3.62	3.59	3.56
	EV/FCF	(206.07)	(140.87)	(39.62)	(106.54)	(22.40)	(56.48)	(94.49)	(19.49)	(33.54)	(135.21)
Cash, $m
Cash, $m	Operating cash flow	3,459	3,367	2,695	3,134	2,198	2,733	3,935	2,156	3,614	4,800
	Capex	(3,634)	(3,657)	(3,750)	(3,589)	(4,219)	(3,647)	(4,505)	(4,881)	(5,245)	(5,245)
	Free cash flow	(175)	(290)	(1,055)	(455)	(2,021)	(914)	(570)	(2,725)	(1,631)	(445)
Balance, $m
Balance, $m	Working capital	(437)	(1,365)	(2,343)	(2,015)	(2,053)	124	1,636	75	231	136
	Total debt	14,774	16,029	18,970	19,973	22,514	23,044	21,196	22,177	25,151	26,301
	Net debt	13,944	15,185	17,964	18,756	21,078	21,898	19,914	20,988	23,827	24,672
	Shareholders’ equity	14,306	15,425	16,839	18,213	19,065	20,336	20,889	21,158	21,962	24,190
Returns, %
Returns, %	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
	ROE	9.10	10.26	8.57	7.66	5.91	6.83	8.05	11.98	8.44	8.77

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
D Dominion Energy Inc.	$55.3B	22.2×	18.6×	+17.59% (above 0%: growing)	−57.95% (below 0%: shrinking)	+31.64% (above 0%: growing)	67.68%	7.34%	Compare
ETR Entergy Corporation	$49.7B	26.5×	25.3×	+5.85% (above 0%: growing)	−1.87% (below 0%: shrinking)	−16.71% (below 0%: shrinking)	69.73%	24.13%	Compare
XEL Xcel Energy Inc.	$46.9B	20.8×	19.2×	−5.11% (below 0%: shrinking)	+23.68% (above 0%: growing)	−37.30% (below 0%: shrinking)	75.22%	22.64%	Compare
EXC Exelon Corporation	$43.9B	15.9×	16.0×	+9.95% (above 0%: growing)	0.00%	+49.00% (above 0%: growing)	62.95%	16.41%	Compare
ED Consolidated Edison Inc	$40.5B	18.4×	17.0×	+13.18% (above 0%: growing)	+22.06% (above 0%: growing)	−30.76% (below 0%: shrinking)	74.22%	13.57%
PEG Public Service Enterprise Group Incorporated	$35.0B	17.8×	18.3×	−8.95% (below 0%: shrinking)	−42.74% (below 0%: shrinking)	+30.10% (above 0%: growing)	66.09%	18.05%	Compare
WEC WEC Energy Group, Inc.	$34.6B	21.0×	20.2×	+2.62% (above 0%: growing)	+19.48% (above 0%: growing)	−1,365.55% (below 0%: shrinking)	73.06%	20.99%	Compare
AEE Ameren Corporation	$28.7B	18.5×	20.3×	−5.81% (below 0%: shrinking)	+11.76% (above 0%: growing)	−51.22% (below 0%: shrinking)	73.90%	21.94%	Compare
PCG Pacific Gas & Electric Co.	$28.5B	9.5×	11.2×	+0.07% (above 0%: growing)	+37.50% (above 0%: growing)	−2.64% (below 0%: shrinking)	84.50%	21.40%	Compare
Median of peers	$39.4B	19.7×	18.9×	+1.35%	+5.88%	−9.67%	71.40%	21.20%

All 40 Utilities Regulated Electric stocks →

Consolidated Edison Inc (ED) key facts

Strength: Consolidated Edison Inc’s revenue for fiscal 2025 (year ended December 2025) was $16.9 billion, up 10.9% from fiscal 2024.
Strength: Net income was $2.0 billion, or $5.66 per share (basic), a net margin of 12.0%.
Consolidated Edison Inc (ED) is an Utilities Regulated Electric company in the Utilities sector, listed on the New York Stock Exchange.
As of October 16, 2026, ED traded at $112.26, a market capitalization of $40.5 billion.
At that price the stock trades at 18.4× trailing-twelve-month earnings and 2.3× sales; its P/E is higher than 43% of its own readings over the past ten years.
Consolidated Edison Inc pays an annual dividend of $3.51 per share, a yield of 3.13%, with a payout ratio of 57.7%.
Return on equity was 8.77% and debt-to-equity 1.05.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.06 (distress zone) for fiscal 2025.