FirmAtlas
Company handbook · ED · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
ED · CIK 1047862 · LATEST FILING: 10-Q JUN '26 · FILED AUG 6, 2026
Consolidated Edison, Inc.
$112.26
+2.40 (+2.18%)
Close, Oct 16, 2026 · 52-week $95–116
Last fiscal year
Consolidated Edison, Inc. reported revenue of $17.0B for the year ended Dec 31, 2025 (FY25), up 10.2% from FY24. Net income was $2.0B and operating cash flow $4.8B. Source: 10-K filed Feb 19, 2026.
Market cap
$40.5B
P/E
18.8
EV/EBITDA
12.4x
P/B
1.6
Div yield
3.13%
ROIC
4.8%
Revenue 1Y
10.2%/yr
EPS 1Y
7.6%/yr
Shares 1Y
+4%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
HQNew York, NY
AuditorPricewaterhouseCoopers LLP
Employees15,407
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
4.5%
8.6%
8.2%
11.1%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$2.3B deployed
Dividends
$2.3B
100.0%
Operating cash flow over the period: $8.4B. Total debt changed by −$829M.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
Per-share figures are split-adjusted (15-for-1 split after FY15).
TTM = the last four quarters, to Mar '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
15,469
17,049+10.2%
17,393
YoY
+10.2%
Operating income
2,670
2,935+9.9%
2,987
Operating margin
17.3%
17.2%−0.0 pp
—
EBITDA
4,825
5,256+8.9%
—
EBITDA margin
31.2%
30.8%−0.4 pp
—
Interest expense
1,187
1,233+3.9%
—
Interest coverage
4.06x
4.26x+0.20x
—
Net income
1,820
2,023+11.2%
2,156
YoY
+11.2%
Net margin
11.8%
11.9%+0.1 pp
—
EPS (diluted, $)
5.24
5.64+7.6%
5.95
YoY
+7.6%
Balance sheet
Total assets
70,562
74,603+5.7%
74,741
Cash & short-term investments
1,333
1,630+22.3%
—
Accounts receivable
2,440
2,583+5.9%
—
Net PP&E
52,165
55,403+6.2%
—
Other assets
14,624
14,987+2.5%
—
Total liabilities
48,600
50,413+3.7%
49,145
Accounts payable
1,676
1,947+16.2%
—
Total debt
26,880
26,051−3.1%
869
Other liabilities
20,044
22,415+11.8%
—
Shareholders’ equity
21,962
24,190+10.1%
25,596
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
3,614
4,800+32.8%
4,137
Net income
1,820
2,023+11.2%
—
Depreciation & amortization
2,155
2,321+7.7%
—
Stock-based compensation
35
55+57.1%
—
Working capital & other
(396)
401n/m
—
Cash from investing
(5,273)
(5,249)n/m
—
Other investing
(5,273)
(5,249)n/m
—
Cash from financing
1,797
746−58.5%
—
Debt raised
2,975
1,150−61.3%
—
Debt repaid
(477)
0n/m
—
Dividends
(1,100)
(1,166)n/m
—
Buybacks
0
0n/m
—
Other financing
399
762+91.0%
—
Net change in cash
138
297+115.2%
—
Where the cash went
Returns & ratios
ROIC (all capital)
4.8%
4.8%−0.0 pp
—
ROIC (operating)
4.3%
4.2%−0.1 pp
—
Net debt / EBITDA
5.29x
4.65x−0.65x
—
Debt / equity
1.22x
1.08x−0.15x
—
ROE
8.3%
8.4%+0.1 pp
—
ROA
2.6%
2.7%+0.1 pp
—
ROCE
4.2%
4.3%+0.2 pp
—
NOPAT
2,273
2,286+0.6%
—
Invested capital (operating)
52,929
56,039+5.9%
—
Invested capital (all)
47,509
48,611+2.3%
—
Reinvestment rate
—
136.0%
—
Net debt is 4.6x EBITDA (FY25).
Income
Jun '25
Sep '25
Dec '25
Mar '26
Revenue
3,629
4,568
3,965
5,231
vs year-ago quarter
Operating income
355
968
487
1,177
Net income
246
688
298
924
vs year-ago quarter
Net margin
6.8%
15.1%
7.5%
17.7%
EPS (diluted, $)
0.68
1.90
0.83
2.54
vs year-ago quarter
Balance sheet
Jun '25
Sep '25
Dec '25
Mar '26
Total assets
71,501
71,844
74,603
74,741
Cash & equivalents
1,507
182
1,630
147
Total debt
1,220
552
26,051
869
Shareholders’ equity
23,756
24,168
24,190
25,596
Cash flow
Jun '25
Sep '25
Dec '25
Mar '26
Operating cash flow
1,979
504
1,480
174