Consolidated Edison Inc Financials
Consolidated Edison Inc (ED) reported $16.9B in revenue for fiscal year 2025, up 10.9% from the prior fiscal year. 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).
Heavy reinvestment and a tight working-capital posture make cash financing, not margin swings, the key operating mechanic here.
Recent annual results show operating margin stability, staying between17.4% and21.8% . Meanwhile, operating cash flow rose from$2.2B to$4.8B , suggesting reported profitability is steadier than cash timing and that working-capital movements matter more than a changing cost structure.
Most recently, operating cash flow of
This is a capital-heavy operation: depreciation reached
Financial Health Signals
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.
Not available for Consolidated Edison Inc, and counted as zero in the overall score.
Consolidated Edison Inc scores 1.11, 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.
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.
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.
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
Earnings & Revenue
Consolidated Edison Inc generated $16.9B in revenue in fiscal year 2025. This represents an increase of 10.9% from the prior year.
Consolidated Edison Inc's EBITDA was $5.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 8.9% from the prior year.
Consolidated Edison Inc reported $2.0M in net income in fiscal year 2025. This represents an increase of 11.2% from the prior year.
Consolidated Edison Inc earned $5.64 per diluted share (EPS) in fiscal year 2025. This represents an increase of 7.6% from the prior year.
Cash & Balance Sheet
Consolidated Edison Inc held $1.6B in cash against $25.6B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Consolidated Edison Inc's operating margin was 17.3% in fiscal year 2025, reflecting core business profitability. This is down 0.2 percentage points from the prior year.
Consolidated Edison Inc's net profit margin was 0.0% in fiscal year 2025, showing the share of revenue converted to profit. That is unchanged from the prior year.
Consolidated Edison Inc's ROE was 0.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. That is unchanged from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Consolidated Edison Inc repurchased no shares in fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
ED Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 (Diluted) | — | $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 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, SG&A Expenses.
TTM is the trailing twelve months, Q2 FY2025 through Q1 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ED Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
| 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 |
Not reported in any period shown, so not listed: Inventory.
ED Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
TTM is the trailing twelve months, Q2 FY2025 through Q1 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ED Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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% |
Not reported in any period shown, so not listed: Gross Margin.
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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.
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 Altman Z-Score?
Consolidated Edison Inc (ED) has an Altman Z-Score of 1.11, 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.