Consolidated Edison, Inc., through its various subsidiaries, primarily operates in the regulated sectors of electricity, natural gas, and steam distribution across the ...
Consolidated Edison, Inc. (ticker: ED), commonly known as Con Edison, is a publicly traded energy holding company headquartered in New York City. Founded in 1823 as the New York Gas Light Company, it is one of the oldest and largest investor-owned energy companies in the United States. The company operates ...Consolidated Edison, Inc. (ticker: ED), commonly known as Con Edison, is a publicly traded energy holding company headquartered in New York City. Founded in 1823 as the New York Gas Light Company, it is one of the oldest and largest investor-owned energy companies in the United States. The company operates primarily through its regulated utility subsidiaries, supplying electricity to approximately 3.5 million households and businesses in New York City and Westchester County, natural gas to about 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester, and steam to around 1,555 clients in certain Manhattan areas. Additionally, it extends electricity to roughly 300,000 customers in southeastern New York and northern New Jersey, and natural gas to about 100,000 consumers in southeastern New York. Its infrastructure includes 533 circuit miles of transmission lines, 64 distribution substations, 87,564 in-service line transformers, and extensive underground and overhead cabling, as well as 4,350 miles of natural gas mains and over 377,000 service connections. Beyond its utility operations, Con Edison is involved in renewable energy development, energy infrastructure projects, and offers energy-related products and services to wholesale and retail markets. The company also invests in new electric and gas transmission ventures. Financially, ED has a market capitalization of approximately $40 billion, with annual revenues around $15.26 billion as of 2024. Its financial metrics show a price-to-earnings ratio of about 17.7, a dividend yield of 3.2%, and a net profit margin of 12.5%. The company's leadership is headed by Chairman, President, and CEO Timothy Cawley, who oversees its two regulated utilities and competitive energy businesses. With a workforce of over 15,000 employees, Con Edison remains a cornerstone of energy infrastructure in the New York metropolitan area, committed to providing reliable and sustainable energy solutions to millions of customers.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$16.9B
+10.9%
-20.1%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$2.0B
+11.2%
-66.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+62.0%
-3.1%
+36.8%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+17.3%
-3.3%
-41.3%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+12.0%
+0.2%
-58.3%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$36.0M
+103.1%
+397.3%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+0.2%
+102.8%
+472.3%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
118.9%
-6.2%
+3.7%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.02x
-1.5%
+6.6%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.