What is Consolidated Edison, Inc.'s earnings per share (EPS)?

Consolidated Edison, Inc. (ED) reported diluted earnings per share of $5.64 for fiscal year 2025. This represents a 7.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Consolidated Edison, Inc. (ED) Financials

Trailing 12 months to March 31, 2026

Revenue $17.2B +9.1% YoY

Net Income $135.0M +85.4% YoY

EPS (Diluted) $5.93 +9.6% YoY

Operating Cash Flow $4.1B +6.7% YoY

Market Cap $39.2B as of Oct 10, 2026

Price / Sales 2.3x on $17.2B revenue, trailing 12 months to March 31, 2026

Price / Earnings 291x on $135.0M net income, trailing 12 months to March 31, 2026

Price / Book 1.5x on $25.6B equity, Q1 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported May 7, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed May 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ED SEC filings page.

Consolidated Edison, Inc. (ED) reported $17.2B in revenue over the twelve months to Mar 31, 2026, up 9.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ED FY2025 2026-10-03

Capital intensity dominates the business: operating cash is largely recycled into investment, while reported earnings remain unusually disconnected from operations.

In FY2025, operating cash flow of $4.8B exceeded operating income of $2.9B, pointing to substantial non-cash charges or working-capital effects rather than weak cash production. Yet reported net income was only $2.0M, making the accounting bridge from operating performance to the bottom line unusually difficult to reconcile from these figures.

Reported free cash flow was negative in both FY2021 and FY2022—-$1.2B and -$530M—despite positive operating cash flow, showing that investment consumed the cash produced. In FY2025, investing cash flow of -$5.2B again exceeded operating cash generation, although free cash flow was not reported for that year.

By FY2025, liabilities reached $50.4B and debt-to-equity was 1.1x, indicating an asset base funded substantially with creditor capital alongside equity. The current ratio was 1.0x, close to its FY2021 level, so short-term assets provide only a narrow accounting cushion over current obligations.

Financial Health Signals

Financial Health Score 47/100

Scored as: Utilities peer group

Scored against utilities for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Consolidated Edison, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Consolidated Edison, Inc. has an operating margin of 17.3%, meaning the company retains $17 of operating profit per $100 of revenue. This results in a moderate score of 48/100, indicating healthy but not exceptional operating efficiency. This is down from 17.5% the prior year.

Growth

Consolidated Edison, Inc.'s revenue grew 10.9% year-over-year to $16.9B, a solid pace of expansion. This earns a growth score of 70/100.

Leverage

Consolidated Edison, Inc. has a moderate D/E ratio of 1.06. This balance of debt and equity financing earns a leverage score of 44/100.

Liquidity

With a current ratio of 1.02, Consolidated Edison, Inc. holds $1.02 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 73/100.

Cash Flow

Not available for Consolidated Edison, Inc., and counted as zero in the overall score.

Returns

Consolidated Edison, Inc.'s ROE of 0.0% shows moderate profitability relative to equity, earning a score of 49/100. This is unchanged from the prior year.

Altman Z-Score Distress

1.10

Consolidated Edison, Inc. scores 1.10, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

6/8

Consolidated Edison, Inc. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

N/A

Consolidated Edison, Inc. reported $2.0M of net income while generating $4.8B in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.

Interest Coverage Adequate

2.38x

Consolidated Edison, Inc. earns $2.38 in operating income for every $1 of interest expense ($2.9B vs $1.2B). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$5.1B

YoY+6.2%

QoQ+27.5%

5Y CAGR+6.7%

10Y CAGR+4.9%

Consolidated Edison, Inc. generated $5.1B in revenue in Q1 2026. This represents an increase of 6.2% from the same quarter a year earlier. Against the prior quarter it is up 27.5%.

EBITDA

$1.7B

YoY+3.6%

QoQ+61.6%

5Y CAGR+5.2%

10Y CAGR+6.4%

Consolidated Edison, Inc.'s EBITDA was $1.7B in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 3.6% from the same quarter a year earlier. Against the prior quarter it is up 61.6%.

Net Income

$924.0M

YoY+16.8%

QoQ+153.6%

5Y CAGR+17.1%

10Y CAGR+11.5%

Consolidated Edison, Inc. reported $924.0M in net income in Q1 2026. This represents an increase of 16.8% from the same quarter a year earlier. Against the prior quarter it is up 153.6%.

EPS (Diluted)

$2.54

YoY+12.9%

QoQ+213.6%

5Y CAGR+15.8%

10Y CAGR+9.2%

Consolidated Edison, Inc. earned $2.54 per diluted share (EPS) in Q1 2026. This represents an increase of 12.9% from the same quarter a year earlier. Against the prior quarter it is up 213.6%.

Cash & Balance Sheet

Cash & Debt

$147.0M

YoY-59.2%

QoQ-91.0%

5Y CAGR+14.1%

10Y CAGR+9.2%

Consolidated Edison, Inc. held $147.0M in cash as of Q1 2026; long-term debt is not reported for that period.

Shares Outstanding

369M

YoY+2.3%

QoQ+2.0%

5Y CAGR+1.5%

10Y CAGR+2.3%

Consolidated Edison, Inc. had 369M shares outstanding in Q1 2026. This represents an increase of 2.3% from the same quarter a year earlier. Against the prior quarter it is up 2.0%.

Free Cash Flow

Not reported for Q1 2026.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Operating Margin

23.1%

YoY-0.3pp

QoQ+10.9pp

5Y change-0.3pp

10Y change+2.8pp

Consolidated Edison, Inc.'s operating margin was 23.1% in Q1 2026, reflecting core business profitability. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.9 percentage points.

Net Margin

18.1%

YoY+1.7pp

QoQ+61.3pp

5Y change+6.7pp

10Y change+8.3pp

Consolidated Edison, Inc.'s net profit margin was 18.1% in Q1 2026, showing the share of revenue converted to profit. This is up 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 61.3 percentage points.

Return on Equity

3.6%

YoY+0.3pp

QoQ+10.7pp

5Y change+1.4pp

10Y change+1.3pp

Consolidated Edison, Inc.'s ROE was 3.6% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.7 percentage points.

Gross Margin

Not reported for Q1 2026.

Capital Allocation

None of these metrics is reported for Q1 2026.

ED Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ED quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$17.2B	$16.9B+10.9%	$15.3B+4.0%	$14.7B-6.4%	$15.7B+14.6%	$13.7B+11.7%	$12.2B-2.6%	$12.6B+1.9%	$12.3B+2.5%	$12.0B-0.3%	$12.1B-3.8%	$12.6B-2.8%	$12.9B+4.6%	$12.4B+1.4%	$12.2B-5.4%	$12.9B
R&D Expenses	N/A	N/A	N/A	N/A	$27.0M+8.0%	$25.0M+4.2%	$24.0M0.0%	$24.0M0.0%	$24.0M0.0%	$24.0M0.0%	$24.0M+4.3%	$23.0M+4.5%	$22.0M+22.2%	$18.0M-14.3%	$21.0M-8.7%	$23.0M
Operating Income	$3.0B	$2.9B+9.9%	$2.7B-16.5%	$3.2B+21.8%	$2.6B-7.1%	$2.8B+6.5%	$2.7B-0.8%	$2.7B+0.5%	$2.7B-4.0%	$2.8B-0.2%	$2.8B+14.5%	$2.4B+9.9%	$2.2B-1.6%	$2.2B-4.1%	$2.3B+4.5%	$2.2B
EBITDA	N/A	$5.3B+8.9%	$4.8B-7.7%	$5.2B+11.7%	$4.7B-3.7%	$4.9B+6.2%	$4.6B+4.9%	$4.4B+6.3%	$4.1B-0.3%	$4.1B+3.0%	$4.0B+12.3%	$3.6B+8.4%	$3.3B+0.4%	$3.3B-0.8%	$3.3B+5.5%	$3.1B
Interest Expense	$1.2B	$1.2B+3.9%	$1.2B+16.0%	$1.0B+20.1%	$852.0M-5.9%	$905.0M-11.2%	$1.0B+2.8%	$991.0M+21.0%	$819.0M+12.3%	$729.0M+7.5%	$678.0M+7.3%	$632.0M+7.7%	$587.0M-18.4%	$719.0M+19.0%	$604.0M+1.7%	$594.0M
Income Tax	$635.0M	$574.0M+80.5%	$318.0M-34.7%	$487.0M-2.2%	$498.0M+162.1%	$190.0M+111.1%	$90.0M-69.6%	$296.0M-26.2%	$401.0M-15.0%	$472.0M-32.4%	$698.0M+15.4%	$605.0M+6.5%	$568.0M+19.3%	$476.0M-20.7%	$600.0M0.0%	$600.0M
Net Income	$135.0M	$2.0M+11.2%	$1.8M-27.7%	$2.5M+51.7%	$1.7M+23.3%	$1.3M-99.9%	$1.1B-18.0%	$1.3B-2.8%	$1.4B-9.4%	$1.5B+22.5%	$1.2B+4.4%	$1.2B+9.2%	$1.1B+2.8%	$1.1B-6.9%	$1.1B+7.4%	$1.1B
EPS (Basic)	N/A	$5.66+7.6%	$5.26-27.4%	$7.25+54.9%	$4.68+21.2%	$3.86+17.3%	$3.29-19.6%	$4.09-7.7%	$4.43-10.9%	$4.97+19.8%	$4.15+2.0%	$4.07+9.1%	$3.73+3.0%	$3.62-6.7%	$3.88+8.1%	$3.59
EPS (Diluted)	$5.93	$5.64+7.6%	$5.24-27.3%	$7.21+54.7%	$4.66+21.0%	$3.85	$3.28-19.6%	$4.08-7.7%	$4.42-10.5%	$4.94+19.9%	$4.12+1.7%	$4.05+9.2%	$3.71+2.8%	$3.61-6.5%	$3.86+8.1%	$3.57
Diluted Shares (Avg)	N/A	359M+3.3%	347M-0.6%	349M-1.8%	356M+1.8%	349M	336M+1.9%	330M+5.3%	313M+1.3%	309M+2.3%	302M+2.5%	294M+0.1%	294M-0.1%	294M0.0%	295M0.0%	294M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Revenue	$5.1B+6.2%	$4.0B+9.0%	$4.5B+10.7%	$3.6B+11.6%	$4.8B+12.1%	$3.7B+6.4%	$4.1B+5.7%	$3.2B+9.4%
Operating Income	$1.2B+4.6%	$487.0M+2.1%	$968.0M+12.3%	$355.0M+10.9%	$1.1B+11.3%	$477.0M+5.8%	$862.0M+19.4%	$320.0M+12.7%
EBITDA	$1.7B+3.6%	$1.1B+4.9%	$1.6B+10.1%	$931.0M+11.9%	$1.7B+9.0%	$1.0B+5.7%	$1.4B+14.4%	$832.0M+6.7%
Interest Expense	$308.0M-1.6%	$311.0M+2.3%	$309.0M+1.0%	$300.0M+4.2%	$313.0M+8.3%	$304.0M+14.3%	$306.0M+18.1%	$288.0M+22.0%
Income Tax	$303.0M+25.2%	$80.0M+627.3%	$202.0M+51.9%	$50.0M+600.0%	$242.0M+31.5%	$11.0M-84.5%	$133.0M-7.6%	-$10.0M-134.5%
Net Income	$924.0M+16.8%	-$1.7B-14.2%	$688.0M+17.0%	$246.0M+21.8%	$791.0M+9.9%	-$1.5B+30.9%	$588.0M+11.8%	$202.0M-10.6%
EPS (Basic)	$2.55+12.8%	$0.82-7.9%	$1.91+12.4%	$0.68+17.2%	$2.26+8.7%	$0.89-9.2%	$1.70+11.1%	$0.58-10.8%
EPS (Diluted)	$2.54+12.9%	$0.81-9.0%	$1.90+12.4%	$0.68+17.2%	$2.25+8.2%	$0.89-8.2%	$1.69+11.2%	$0.58-10.8%
Diluted Shares (Avg)	364M+3.7%	N/A	362M+4.1%	362M+4.2%	351M+1.3%	N/A	348M+0.3%	347M-0.1%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.

ED Balance Sheet

ED quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$74.6B+5.7%	$70.6B+6.4%	$66.3B-4.0%	$69.1B+9.4%	$63.1B+0.4%	$62.9B+8.3%	$58.1B+7.7%	$53.9B+12.1%	$48.1B-0.3%	$48.3B+5.7%	$45.6B+3.6%	$44.1B+8.9%	$40.5B-1.8%	$41.2B+5.1%	$39.2B
Current Assets	$6.8B+1.3%	$6.7B+1.9%	$6.5B-49.6%	$13.0B+133.7%	$5.6B+4.7%	$5.3B+24.1%	$4.3B+10.6%	$3.9B+9.2%	$3.5B+3.8%	$3.4B-11.2%	$3.8B+3.2%	$3.7B-4.5%	$3.9B+12.7%	$3.5B-5.1%	$3.6B
Cash & Equivalents	$1.6B+23.0%	$1.3B+11.4%	$1.2B-7.3%	$1.3B+29.2%	$992.0M-22.0%	$1.3B+29.7%	$981.0M+9.6%	$895.0M+12.3%	$797.0M+2.7%	$776.0M-17.8%	$944.0M+35.1%	$699.0M+3.7%	$674.0M+71.1%	$394.0M-39.2%	$648.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$2.6B+5.9%	$2.4B+0.9%	$2.4B+10.3%	$2.2B+12.8%	$1.9B+14.2%	$1.7B+37.6%	$1.2B-2.4%	$1.3B+14.9%	$1.1B-0.3%	$1.1B+5.1%	$1.1B-12.4%	$1.2B-4.0%	$1.3B+2.4%	$1.2B+8.8%	$1.1B
Long-Term Investments	$1.0M-66.7%	$3.0M0.0%	$3.0M+50.0%	$2.0M-33.3%	$3.0M0.0%	$3.0M+50.0%	$2.0M0.0%	$2.0M-77.8%	$9.0M0.0%	$9.0M0.0%	$9.0M-98.9%	$816.0M+77.0%	$461.0M-1.3%	$467.0M+2.6%	$455.0M
Goodwill	$406.0M-0.5%	$408.0M0.0%	$408.0M0.0%	$408.0M-7.1%	$439.0M-1.6%	$446.0M0.0%	$446.0M+1.4%	$440.0M+2.8%	$428.0M0.0%	$428.0M-0.2%	$429.0M0.0%	$429.0M0.0%	$429.0M0.0%	$429.0M0.0%	$429.0M
Total Liabilities	$50.4B+3.7%	$48.6B+7.6%	$45.2B-6.6%	$48.4B+12.3%	$43.1B-2.2%	$44.0B+10.0%	$40.1B+7.7%	$37.2B+13.8%	$32.7B-3.7%	$34.0B+4.2%	$32.6B+3.5%	$31.5B+11.7%	$28.2B-3.9%	$29.3B+6.4%	$27.6B
Current Liabilities	$6.6B+2.8%	$6.4B-0.4%	$6.5B-43.0%	$11.3B+108.9%	$5.4B-26.2%	$7.4B+17.0%	$6.3B+1.3%	$6.2B+26.6%	$4.9B+27.6%	$3.8B-18.6%	$4.7B+25.6%	$3.8B-20.6%	$4.7B+19.9%	$3.9B+32.1%	$3.0B
Non-Current Liabilities	$43.8B+3.9%	$42.2B+8.9%	$38.7B+4.5%	$37.0B-1.6%	$37.7B+2.6%	$36.7B+143.8%	$15.1B+12.5%	$13.4B+2.5%	$13.1B-15.1%	$15.4B-3.1%	$15.9B-2.0%	$16.2B+22.8%	$13.2B-14.0%	$15.3B+163.0%	$5.8B
Long-Term Debt	$25.6B+3.4%	$24.7B+12.4%	$22.0B-2.0%	$22.4B-0.7%	$22.6B+10.9%	$20.4B+10.0%	$18.5B+5.9%	$17.5B+18.8%	$14.7B0.0%	$14.7B+22.7%	$12.0B+4.0%	$11.5B+10.1%	$10.5B+4.2%	$10.1B-0.8%	$10.1B
Total Equity	$24.2B+10.1%	$22.0B+3.8%	$21.2B+2.3%	$20.7B+3.2%	$20.0B+6.3%	$18.8B+4.6%	$18.0B+7.7%	$16.7B+8.5%	$15.4B+7.8%	$14.3B+9.5%	$13.1B+3.8%	$12.6B+2.7%	$12.2B+3.2%	$11.9B+1.9%	$11.6B
Retained Earnings	$14.9B+5.8%	$14.0B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Total Assets	$74.7B+5.7%	$74.6B+5.7%	$71.8B+4.7%	$71.5B+5.3%	$70.7B+6.0%	$70.6B+6.4%	$68.6B+6.6%	$67.9B+6.5%
Current Assets	$6.3B+2.5%	$6.8B+1.3%	$5.5B-10.2%	$6.0B-6.7%	$6.1B-0.5%	$6.7B+1.9%	$6.1B+2.4%	$6.5B+4.6%
Cash & Equivalents	$147.0M-59.2%	$1.6B+23.0%	$181.0M+94.6%	$1.5B+0.4%	$360.0M+113.0%	$1.3B+11.4%	$93.0M-82.7%	$1.5B-23.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$2.8B+2.4%	$2.6B+5.9%	$2.3B-8.6%	$2.4B-1.3%	$2.7B+5.0%	$2.4B+0.9%	$2.6B+25.3%	$2.4B+43.9%
Long-Term Investments	$1.1B-6.4%	$1.0M-66.7%	$1.2B+8.2%	$1.2B+9.7%	$1.1B+9.1%	$3.0M0.0%	$1.1B+21.8%	$1.1B+14.8%
Goodwill	$406.0M-0.5%	$406.0M-0.5%	$408.0M0.0%	$408.0M0.0%	$408.0M0.0%	$408.0M0.0%	$408.0M0.0%	$408.0M0.0%
Total Liabilities	$49.1B+4.8%	$50.4B+3.7%	$47.7B+2.0%	$47.7B+3.0%	$46.9B+4.1%	$48.6B+7.6%	$46.7B+7.9%	$46.4B+7.9%
Current Liabilities	$5.3B+10.6%	$6.6B+2.8%	$5.1B-15.7%	$5.5B-11.3%	$4.8B-23.4%	$6.4B-0.4%	$6.0B-0.4%	$6.2B+2.4%
Non-Current Liabilities	$43.9B+4.1%	$43.8B+3.9%	$42.6B+4.6%	$42.2B+5.2%	$42.1B+8.5%	$42.2B+8.9%	$40.7B+9.2%	$40.1B+8.8%
Long-Term Debt	N/A	$25.6B+3.4%	N/A	N/A	N/A	$24.7B+12.4%	$23.4B+13.5%	$23.3B+12.9%
Total Equity	$25.6B+7.6%	$24.2B+10.1%	$24.2B+10.4%	$23.8B+10.2%	$23.8B+10.0%	$22.0B+3.8%	$21.9B+3.9%	$21.6B+3.6%
Retained Earnings	$15.5B	$14.9B+5.8%	N/A	N/A	N/A	$14.0B	N/A	N/A

Not reported in any period shown, so not listed: Inventory.

ED Cash Flow Statement

ED quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$4.1B	$4.8B+32.8%	$3.6B+67.6%	$2.2B-45.2%	$3.9B+44.0%	$2.7B+24.3%	$2.2B-29.9%	$3.1B+16.3%	$2.7B-20.0%	$3.4B-2.7%	$3.5B+5.6%	$3.3B+15.8%	$2.8B+10.9%	$2.6B-1.8%	$2.6B-17.2%	$3.1B
Depreciation & Amortization	N/A	$2.3B+7.7%	$2.2B+6.1%	$2.0B-1.2%	$2.1B+1.2%	$2.0B+5.8%	$1.9B+14.0%	$1.7B+17.1%	$1.4B+7.2%	$1.3B+10.3%	$1.2B+7.6%	$1.1B+5.5%	$1.1B+4.6%	$1.0B+7.2%	$955.0M+8.0%	$884.0M
Stock-Based Compensation	N/A	$55.0M+57.1%	$35.0M-34.0%	$53.0M-17.2%	$64.0M+82.9%	$35.0M+105.9%	$17.0M-63.8%	$47.0M+235.7%	$14.0M-77.8%	$63.0M+26.0%	$50.0M+47.1%	$34.0M+17.2%	$29.0M	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	$4.5B+12.6%	$4.0B-3.0%	$4.1B+11.1%	$3.7B-30.0%	$5.2B+45.6%	$3.6B-31.1%	$5.2B+964.0%	$492.0M+173.3%	$180.0M-9.5%	$199.0M+30.9%	$152.0M+90.0%	$80.0M
Free Cash Flow	N/A	N/A	N/A	N/A	-$530.0M+56.9%	-$1.2B+34.8%	-$1.9B-248.2%	-$542.0M+78.8%	-$2.6B-968.6%	-$239.0M+86.5%	-$1.8B-163.8%	$2.8B+5.1%	$2.7B+12.7%	$2.4B-3.8%	$2.4B-20.0%	$3.1B
Investing Cash Flow	-$5.0B	-$5.2B+0.5%	-$5.3B-425.7%	-$1.0B+78.0%	-$4.6B-31.0%	-$3.5B+17.5%	-$4.2B-11.7%	-$3.8B+30.9%	-$5.5B-47.5%	-$3.7B+25.1%	-$5.0B-35.4%	-$3.7B-32.5%	-$2.8B-3.8%	-$2.7B-5.4%	-$2.5B-17.3%	-$2.1B
Financing Cash Flow	$604.0M	$746.0M-58.5%	$1.8B+220.8%	-$1.5B-246.7%	$1.0B+120.0%	$461.0M-79.5%	$2.2B+161.4%	$859.0M-70.8%	$2.9B+723.0%	$357.0M-73.5%	$1.3B+113.8%	$629.0M+1438.3%	-$47.0M-112.1%	$387.0M+217.3%	-$330.0M+51.3%	-$677.0M
Dividends Paid	$1.2B	$1.2B+6.0%	$1.1B+0.4%	$1.1B+0.6%	$1.1B+5.7%	$1.0B+5.6%	$975.0M+5.5%	$924.0M+9.7%	$842.0M+4.9%	$803.0M+5.2%	$763.0M+4.1%	$733.0M-0.8%	$739.0M+2.5%	$721.0M+1.7%	$709.0M+2.3%	$693.0M
Share Buybacks	N/A	$0	$0-100.0%	$1.0B	$0	$0	N/A	N/A	N/A	N/A	N/A	-$1.0M-90.0%	$10.0M+25.0%	$8.0M-11.1%	$9.0M-71.0%	-$31.0M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Cash Flow	$174.0M-79.2%	$1.5B+13.0%	$504.0M+28.6%	$2.0B+47.8%	$837.0M+46.1%	$1.3B+34.4%	$392.0M+2205.9%	$1.3B+24.9%
Depreciation & Amortization	$572.0M+1.4%	$595.0M+7.4%	$586.0M+6.5%	$576.0M+12.5%	$564.0M+4.6%	$554.0M+5.5%	$550.0M+7.4%	$512.0M+3.2%
Investing Cash Flow	-$936.0M+24.0%	-$1.5B-5.7%	-$1.1B+10.7%	-$1.4B-11.4%	-$1.2B+8.4%	-$1.4B-2.1%	-$1.3B-15.2%	-$1.3B-9.6%
Financing Cash Flow	-$721.0M-24.5%	$1.4B+9.7%	-$698.0M-31.7%	$592.0M-53.4%	-$579.0M-132.5%	$1.3B+26.8%	-$530.0M-62.1%	$1.3B-0.4%
Dividends Paid	$308.0M+9.2%	$295.0M+6.9%	$295.0M+7.3%	$294.0M+6.9%	$282.0M+2.9%	$276.0M+3.4%	$275.0M+3.0%	$275.0M-1.1%
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$0	$0	$0

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.

ED Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ED quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	17.3%-0.2pp	17.5%-4.3pp	21.8%+5.0pp	16.8%-3.9pp	20.7%-1.0pp	21.7%+0.4pp	21.3%-0.3pp	21.6%-1.5pp	23.1%0.0pp	23.0%+3.7pp	19.3%+2.2pp	17.1%-1.1pp	18.2%-1.0pp	19.2%+1.8pp	17.4%
Net Margin	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-9.0pp	9.0%-1.7pp	10.7%-0.5pp	11.2%-1.5pp	12.7%+2.4pp	10.3%+0.8pp	9.5%+1.0pp	8.5%-0.1pp	8.6%-0.8pp	9.4%+1.1pp	8.2%
Return on Equity	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-5.8pp	5.8%-1.6pp	7.4%-0.8pp	8.3%-1.6pp	9.9%+1.2pp	8.7%-0.4pp	9.1%+0.5pp	8.7%0.0pp	8.7%-0.9pp	9.6%+0.5pp	9.1%
Return on Assets	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-1.8pp	1.8%-0.6pp	2.3%-0.3pp	2.6%-0.6pp	3.2%+0.6pp	2.6%0.0pp	2.6%+0.1pp	2.5%-0.2pp	2.6%-0.1pp	2.8%+0.1pp	2.7%
Current Ratio	1.020.0x	1.040.0x	1.01-0.1x	1.14+0.1x	1.02+0.3x	0.720.0x	0.68+0.1x	0.62-0.1x	0.72-0.2x	0.89+0.1x	0.81-0.2x	0.99+0.2x	0.82-0.1x	0.87-0.3x	1.22
Debt-to-Equity	1.06-0.1x	1.13+0.1x	1.040.0x	1.080.0x	1.130.0x	1.08+0.1x	1.030.0x	1.05+0.1x	0.96-0.1x	1.03+0.1x	0.920.0x	0.92+0.1x	0.860.0x	0.850.0x	0.87
Asset Turnover	0.230.0x	0.220.0x	0.220.0x	0.230.0x	0.220.0x	0.190.0x	0.220.0x	0.230.0x	0.250.0x	0.250.0x	0.280.0x	0.290.0x	0.310.0x	0.300.0x	0.33
FCF Margin	N/A	N/A	N/A	-3.4%+5.6pp	-9.0%+6.4pp	-15.4%-11.1pp	-4.3%+16.4pp	-20.7%-18.7pp	-2.0%+12.7pp	-14.7%-36.9pp	22.2%+1.7pp	20.5%+1.5pp	19.1%-1.0pp	20.1%-3.6pp	23.7%

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Margin	23.1%-0.3pp	12.2%-0.8pp	21.4%+0.3pp	9.9%-0.1pp	23.4%-0.2pp	13.0%-0.1pp	21.1%+2.4pp	9.9%+0.3pp
Net Margin	18.1%+1.7pp	-43.1%-2.0pp	15.2%+0.8pp	6.8%+0.6pp	16.5%-0.3pp	-41.2%+22.2pp	14.4%+0.8pp	6.3%-1.4pp
Return on Equity	3.6%+0.3pp	-7.1%-0.3pp	2.9%+0.2pp	1.0%+0.1pp	3.3%0.0pp	-6.9%+3.4pp	2.7%+0.2pp	0.9%-0.1pp
Return on Assets	1.2%+0.1pp	-2.3%-0.2pp	1.0%+0.1pp	0.3%0.0pp	1.1%0.0pp	-2.1%+1.1pp	0.9%0.0pp	0.3%-0.1pp
Current Ratio	1.19-0.1x	1.020.0x	1.07+0.1x	1.10+0.1x	1.28+0.3x	1.040.0x	1.010.0x	1.040.0x
Debt-to-Equity	1.92-0.1x	1.06-0.1x	1.97+0.9x	2.01+0.9x	1.97+1.0x	1.13+0.1x	1.07+0.1x	1.08+0.1x
Asset Turnover	0.070.0x	0.050.0x	0.060.0x	0.050.0x	0.070.0x	0.050.0x	0.060.0x	0.050.0x

Not reported in any period shown, so not listed: Gross Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Consolidated Edison, Inc. ED	FY2025	$16.9B	$2.0M	0.0%	$39.2B	47/100
WEC Energy Group, Inc. WEC	FY2025	$9.8B	$1.6B	15.9%	$33.8B	42/100
PG&E Corporation PCG	FY2025	$24.9B	$3K	0.0%	$38.0B	46/100
Entergy Corporation ETR	FY2025	$12.9B	$1.8B	13.7%	$49.0B	47/100
Xcel Energy, Inc. XEL	FY2025	N/A	$2.0B	N/A	$45.8B	—
Public Service Enterprise Group Incorporated PEG	FY2025	$12.2B	$2.1B	17.3%	$35.8B	63/100

Where Consolidated Edison, Inc. Ranks

Frequently Asked Questions

What is Consolidated Edison, Inc.'s annual revenue?

Consolidated Edison, Inc. (ED) reported $16.9B in total revenue for fiscal year 2025. This represents a 10.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Consolidated Edison, Inc.'s revenue growing?

Consolidated Edison, Inc. (ED) revenue grew by 10.9% year-over-year, from $15.3B to $16.9B in fiscal year 2025.

Is Consolidated Edison, Inc. profitable?

Yes, Consolidated Edison, Inc. (ED) reported a net income of $2.0M in fiscal year 2025, with a net profit margin of 0.0%.

What is Consolidated Edison, Inc.'s EBITDA?

Consolidated Edison, Inc. (ED) had EBITDA of $5.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Consolidated Edison, Inc. have?

As of fiscal year 2025, Consolidated Edison, Inc. (ED) had $1.6B in cash and equivalents against $25.6B in long-term debt.

What is Consolidated Edison, Inc.'s operating margin?

Consolidated Edison, Inc. (ED) had an operating margin of 17.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Consolidated Edison, Inc.'s net profit margin?

Consolidated Edison, Inc. (ED) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Consolidated Edison, Inc.'s return on equity (ROE)?

Consolidated Edison, Inc. (ED) has a return on equity of 0.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Consolidated Edison, Inc.'s operating cash flow?

Consolidated Edison, Inc. (ED) generated $4.8B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Consolidated Edison, Inc.'s total assets?

Consolidated Edison, Inc. (ED) had $74.6B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Consolidated Edison, Inc. have outstanding?

Consolidated Edison, Inc. (ED) had 361M shares outstanding as of fiscal year 2025.

What is Consolidated Edison, Inc.'s current ratio?

Consolidated Edison, Inc. (ED) had a current ratio of 1.02 as of fiscal year 2025, which is considered adequate.

What is Consolidated Edison, Inc.'s debt-to-equity ratio?

Consolidated Edison, Inc. (ED) had a debt-to-equity ratio of 1.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Consolidated Edison, Inc.'s return on assets (ROA)?

Consolidated Edison, Inc. (ED) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Consolidated Edison, Inc.'s P/E ratio?

Consolidated Edison, Inc. (ED) trades at 291x earnings, its market capitalization divided by net income of $135.0M net income, trailing 12 months to March 31, 2026. The market capitalization is $39.2B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Consolidated Edison, Inc.'s price-to-sales ratio?

Consolidated Edison, Inc. (ED) trades at 2.3x sales, its market capitalization divided by revenue of $17.2B revenue, trailing 12 months to March 31, 2026. The market capitalization is $39.2B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Consolidated Edison, Inc.'s Altman Z-Score?

Consolidated Edison, Inc. (ED) has an Altman Z-Score of 1.10, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Consolidated Edison, Inc.'s Piotroski F-Score?

Consolidated Edison, Inc. (ED) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Consolidated Edison, Inc.'s earnings high quality?

Consolidated Edison, Inc. (ED) reported $2.0M of net income while generating $4.8B in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Consolidated Edison, Inc. cover its interest payments?

Consolidated Edison, Inc. (ED) has an interest coverage ratio of 2.38x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Consolidated Edison, Inc.?

Consolidated Edison, Inc. (ED) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its utilities peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.