consolidated edison inc. - ED

ED

Close Chg Chg %
98.33 0.26 0.26%

Open Market

98.59

+0.26 (0.26%)

Volume: 261.18K

Last Updated:

Nov 25, 2024, 11:12 AM EDT

Company Overview: consolidated edison inc. - ED

ED Key Data

Open

$98.79

Day Range

98.41 - 99.08

52 Week Range

85.85 - 107.75

Market Cap

$34.07B

Shares Outstanding

346.41M

Public Float

345.75M

Beta

0.35

Rev. Per Employee

N/A

P/E Ratio

18.50

EPS

$5.34

Yield

335.50%

Dividend

$0.83

EX-DIVIDEND DATE

Nov 13, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

2.12M

 

ED Performance

1 Week
 
1.99%
 
1 Month
 
-5.97%
 
3 Months
 
-2.23%
 
1 Year
 
8.14%
 
5 Years
 
14.12%
 

ED Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 19
Full Ratings ➔

About consolidated edison inc. - ED

Consolidated Edison, Inc. is a holding company, which engages in the business of regulated electric, gas, and steam delivery. It operates through the following segments: Consolidated Edison Company of New York (CECONY), Orange and Rockland Utilities(O&R), Con Edison Clean Energy Businesses and Con Edison Transmission. The CECONY segment is involved in the regulated electric, gas, and steam utility businesses. The O&R segment covers regulated electric and gas utility delivery businesses. The Con Edison Clean Energy Businesses segment develops, owns, and operates renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers. The Con Edison Transmission segment invests in electric and gas transmission projects. The company was founded in 1823 and is headquartered in New York, NY.

ED At a Glance

Consolidated Edison, Inc.
4 Irving Place
New York, New York 10003
Phone 1-212-460-4600 Revenue 14.64B
Industry Electric Utilities Net Income 2.52B
Sector Utilities Employees 14,592
Fiscal Year-end 12 / 2024
View SEC Filings

ED Valuation

P/E Current 18.567
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 12.614
Price to Sales Ratio 2.17
Price to Book Ratio 1.483
Price to Cash Flow Ratio 14.738
Enterprise Value to EBITDA 12.808
Enterprise Value to Sales 3.797
Total Debt to Enterprise Value 0.45

ED Efficiency

Revenue/Employee 1,003,426.535
Income Per Employee 172,628.838
Receivables Turnover 3.865
Total Asset Turnover 0.216

ED Liquidity

Current Ratio 1.012
Quick Ratio 0.939
Cash Ratio 0.184

ED Profitability

Gross Margin 61.187
Operating Margin 15.777
Pretax Margin 20.509
Net Margin 17.204
Return on Assets 3.721
Return on Equity 12.04
Return on Total Capital 5.456
Return on Invested Capital 5.939

ED Capital Structure

Total Debt to Total Equity 118.215
Total Debt to Total Capital 54.174
Total Debt to Total Assets 37.708
Long-Term Debt to Equity 105.672
Long-Term Debt to Total Capital 48.425
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Consolidated Edison Inc. - ED

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
12.24B 13.67B 15.66B 14.64B
Sales Growth
-2.47% +11.72% +14.57% -6.53%
Cost of Goods Sold (COGS) incl D&A
4.17B 4.78B 6.11B 5.68B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.92B 2.03B 2.06B 2.03B
Depreciation
- - - -
-
Amortization of Intangibles
- - - -
-
COGS Growth
-2.75% +14.61% +27.78% -7.03%
Gross Income
8.06B 8.89B 9.55B 8.96B
Gross Income Growth
-2.33% +10.22% +7.46% -6.21%
Gross Profit Margin
+65.90% +65.01% +60.98% +61.19%
2020 2021 2022 2023 5-year trend
SG&A Expense
2.84B 3.28B 3.93B 3.61B
Research & Development
- 24.00M 25.00M 27.00M
Other SG&A
2.81B 3.25B 3.90B 3.61B
SGA Growth
-11.28% +15.54% +19.91% -8.29%
Other Operating Expense
2.58B 2.81B 3.00B 3.04B
Unusual Expense
63.00M (78.00M) (168.00M) (26.00M)
EBIT after Unusual Expense
2.59B 2.88B 2.78B 2.34B
Non Operating Income/Expense
(401.00M) (538.00M) 326.00M 1.70B
Non-Operating Interest Income
- - 20.00M 62.00M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
954.00M 957.00M 1.01B 1.03B
Interest Expense Growth
-0.10% +0.31% +5.64% +1.68%
Gross Interest Expense
968.00M 968.00M 1.05B 1.08B
Interest Capitalized
14.00M 11.00M 36.00M 52.00M
Pretax Income
1.23B 1.38B 2.10B 3.00B
Pretax Income Growth
-28.92% +12.07% +51.70% +43.14%
Pretax Margin
+10.08% +10.11% +13.39% +20.51%
Income Tax
90.00M 190.00M 498.00M 487.00M
Income Tax - Current - Domestic
57.00M 93.00M 63.00M 355.00M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
40.00M 104.00M 441.00M 243.00M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
7.00M 7.00M 6.00M 111.00M
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.14B 1.19B 1.60B 2.52B
Minority Interest Expense
43.00M (153.00M) (60.00M) (3.00M)
Net Income
1.10B 1.35B 1.66B 2.52B
Net Income Growth
-18.02% +22.25% +23.33% +51.75%
Net Margin Growth
+9.00% +9.84% +10.60% +17.20%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.10B 1.35B 1.66B 2.52B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.10B 1.35B 1.66B 2.52B
EPS (Basic)
3.2885 3.8634 4.6826 7.2448
EPS (Basic) Growth
-19.56% +17.48% +21.20% +54.72%
Basic Shares Outstanding
334.80M 348.40M 354.50M 347.70M
EPS (Diluted)
3.2797 3.8523 4.6655 7.2116
EPS (Diluted) Growth
-19.53% +17.46% +21.11% +54.57%
Diluted Shares Outstanding
335.70M 349.40M 355.80M 349.30M
EBITDA
4.57B 4.83B 4.67B 4.34B
EBITDA Growth
+5.44% +5.69% -3.33% -7.06%
EBITDA Margin
+37.36% +35.34% +29.82% +29.65%

Snapshot

Average Recommendation HOLD Average Target Price 102.143
Number of Ratings 19 Current Quarters Estimate 0.95
FY Report Date 12 / 2024 Current Year's Estimate 5.338
Last Quarter’s Earnings 1.68 Median PE on CY Estimate N/A
Year Ago Earnings 5.07 Next Fiscal Year Estimate 5.623
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 5 17 17
Mean Estimate 0.95 2.15 5.34 5.62
High Estimates 1.11 2.29 5.36 5.68
Low Estimate 0.87 1.99 5.29 5.59
Coefficient of Variance 6.63 6.55 0.40 0.43

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 2
OVERWEIGHT 0 0 0
HOLD 11 10 11
UNDERWEIGHT 0 1 1
SELL 5 5 5
MEAN Hold Hold Hold

Insider Actions for Consolidated Edison Inc. - ED

Date Name Shares Transaction Value
Jul 3, 2024 Michael William Ranger Director 88,565 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $89.42 per share 7,919,482.30
Jun 19, 2024 Joseph Miller VP & Controller 1,184 Open market or private purchase of non-derivative security Non-derivative transaction at $90.27 per share 106,879.68
May 24, 2024 John F. Killian Director 39,996 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $96.51 per share 3,860,013.96
May 24, 2024 John F. Killian Director 38,496 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $97.12 per share 3,738,731.52
May 23, 2024 Lewis Frederick Sutherland Director 84,161 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $96.51 per share 8,122,378.11
May 23, 2024 Catherine Zoi Director 2,196 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $96.51 per share 211,935.96
May 23, 2024 Karol Virginia Mason Director 8,148 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $96.51 per share 786,363.48
May 23, 2024 Linda Szabat Sanford Director 24,913 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $96.51 per share 2,404,353.63
May 23, 2024 Dwight A. McBride Director 7,667 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $96.51 per share 739,942.17
May 23, 2024 Deirdre Stanley Director 25,545 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $96.51 per share 2,465,347.95
May 23, 2024 William J. Mulrow Director 16,768 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $96.51 per share 1,618,279.68
May 23, 2024 Armando J. Olivera Director 25,585 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $96.51 per share 2,469,208.35
May 23, 2024 Ellen Victoria Futter Director 45,954 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $96.51 per share 4,435,020.54
May 7, 2024 Jennifer Hensley SVP, Corporate Affairs 49 Open market or private purchase of non-derivative security Non-derivative transaction at $90.97 per share 4,457.53
May 7, 2024 Robert Sanchez Pres. CECONY, Shared Services 13,679 Open market or private purchase of non-derivative security Non-derivative transaction at $94.4 per share 1,291,297.60
May 7, 2024 Deneen Lynette Donnley SVP and General Counsel 19,248 Open market or private purchase of non-derivative security Non-derivative transaction at $94.4 per share 1,817,011.20
May 7, 2024 Stuart Nachmias President & CEO CET 6,599 Open market or private purchase of non-derivative security Non-derivative transaction at $94.4 per share 622,945.60
May 7, 2024 Jennifer Hensley SVP, Corporate Affairs 246 Open market or private purchase of non-derivative security Non-derivative transaction at $94.4 per share 23,222.40
May 7, 2024 Timothy P. Cawley Chairman, President & CEO; Director 86,437 Open market or private purchase of non-derivative security Non-derivative transaction at $94.4 per share 8,159,652.80
May 7, 2024 Jennifer Hensley SVP, Corporate Affairs 98 Open market or private purchase of non-derivative security Non-derivative transaction at $90.9 per share 8,908.20

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