Stocks · Utilities · Electric & Other Services Combined

Consolidated Edison

ED Clue Score51
United States Fiscal year ends December CIK 0001047862
$106.10 +0.10% Close, 9 Oct 2026
Price $106.10 +43.53% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue12.08Operating income2.78Net income1.25EPS, diluted4.12Fiscal year 2017Revenue12.03 −0.3%Operating income2.77Net income1.53 +22.5%EPS, diluted4.94 +19.9%Fiscal year 2018Revenue11.93 −0.9%Operating income2.66Net income1.38 −9.4%EPS, diluted4.42 −10.5%Fiscal year 2019Revenue12.14 +1.8%Operating income2.68Net income1.34 −2.8%EPS, diluted4.08 −7.7%Fiscal year 2020Revenue12.03 −1.0%Operating income2.65Net income1.10 −18.0%EPS, diluted3.28 −19.6%Fiscal year 2021Revenue13.46 +11.9%Operating income2.83Net income1.35 +22.3%EPS, diluted3.85 +17.4%Fiscal year 2022Revenue15.46 +14.9%Operating income2.62Net income1.66 +23.3%EPS, diluted4.66 +21.0%Fiscal year 2023Revenue14.48 −6.3%Operating income3.20Net income2.52 +51.7%EPS, diluted7.21 +54.7%Fiscal year 2024Revenue15.47 +6.9%Operating income2.67Net income1.82 −27.7%EPS, diluted5.24 −27.3%Fiscal year 2025Revenue17.05 +10.2%Operating income2.94Net income2.02 +11.2%EPS, diluted5.64 +7.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 12.08 12.03 11.93 12.14 12.03 13.46 15.46 14.48 15.47 17.05
Growth −0.3% −0.9% +1.8% −1.0% +11.9% +14.9% −6.3% +6.9% +10.2%
Operating income 2.78 2.77 2.66 2.68 2.65 2.83 2.62 3.20 2.67 2.94
Net income 1.25 1.53 1.38 1.34 1.10 1.35 1.66 2.52 1.82 2.02
Growth +22.5% −9.4% −2.8% −18.0% +22.3% +23.3% +51.7% −27.7% +11.2%
EPS, diluted 4.12 4.94 4.42 4.08 3.28 3.85 4.66 7.21 5.24 5.64
Growth +19.9% −10.5% −7.7% −19.6% +17.4% +21.0% +54.7% −27.3% +7.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin23.0%Net margin10.3%Free cash flow margin−14.7%Fiscal year 2017Operating margin23.1%Net margin12.7%Free cash flow margin−2.0%Fiscal year 2018Operating margin22.3%Net margin11.6%Free cash flow margin−21.4%Fiscal year 2019Operating margin22.0%Net margin11.1%Free cash flow margin−4.5%Fiscal year 2020Operating margin22.1%Net margin9.2%Free cash flow margin−15.7%Fiscal year 2021Operating margin21.0%Net margin10.0%Free cash flow margin−9.1%Fiscal year 2022Operating margin17.0%Net margin10.7%Free cash flow margin−3.4%Fiscal year 2023Operating margin22.1%Net margin17.4%Fiscal year 2024Operating margin17.3%Net margin11.8%Fiscal year 2025Operating margin17.2%Net margin11.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 23.0% 23.1% 22.3% 22.0% 22.1% 21.0% 17.0% 22.1% 17.3% 17.2%
Net margin 10.3% 12.7% 11.6% 11.1% 9.2% 10.0% 10.7% 17.4% 11.8% 11.9%
Free cash flow margin −14.7% −2.0% −21.4% −4.5% −15.7% −9.1% −3.4% n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow3.46Capital expenditure−5.24Free cash flow−1.78Dividends paid−0.76Fiscal year 2017Operating cash flow3.37Capital expenditure−3.61Free cash flow−0.24Dividends paid−0.80Fiscal year 2018Operating cash flow2.70Capital expenditure−5.25Free cash flow−2.55Dividends paid−0.84Fiscal year 2019Operating cash flow3.13Capital expenditure−3.68Free cash flow−0.54Dividends paid−0.92Fiscal year 2020Operating cash flow2.20Capital expenditure−4.09Free cash flow−1.89Dividends paid−0.98Fiscal year 2021Operating cash flow2.73Capital expenditure−3.96Free cash flow−1.23Buybacks0.00Dividends paid−1.03Fiscal year 2022Operating cash flow3.94Capital expenditure−4.47Free cash flow−0.53Buybacks0.00Dividends paid−1.09Fiscal year 2023Operating cash flow2.16Buybacks−1.00Dividends paid−1.10Fiscal year 2024Operating cash flow3.61Buybacks0.00Dividends paid−1.10Fiscal year 2025Operating cash flow4.80Buybacks0.00Dividends paid−1.17
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 3.46 3.37 2.70 3.13 2.20 2.73 3.94 2.16 3.61 4.80
Capital expenditure −5.24 −3.61 −5.25 −3.68 −4.09 −3.96 −4.47 n/a n/a n/a
Free cash flow −1.78 −0.24 −2.55 −0.54 −1.89 −1.23 −0.53 n/a n/a n/a
Growth
Buybacks n/a n/a n/a n/a n/a 0.00 0.00 −1.00 0.00 0.00
Dividends paid −0.76 −0.80 −0.84 −0.92 −0.98 −1.03 −1.09 −1.10 −1.10 −1.17

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.78Total debt14.77Net cash (debt)−14.00Shareholders’ equity14.30Debt to equity1.03Fiscal year 2017Cash0.80Total debt16.03Net cash (debt)−15.23Shareholders’ equity15.42Debt to equity1.04Fiscal year 2018Cash0.90Total debt18.15Net cash (debt)−17.25Shareholders’ equity16.73Debt to equity1.08Fiscal year 2019Cash0.98Total debt19.97Net cash (debt)−18.99Shareholders’ equity18.02Debt to equity1.11Fiscal year 2020Cash1.27Total debt22.35Net cash (debt)−21.08Shareholders’ equity18.85Debt to equity1.19Fiscal year 2021Cash0.99Total debt23.04Net cash (debt)−22.05Shareholders’ equity20.04Debt to equity1.15Fiscal year 2022Cash1.28Total debt23.44Net cash (debt)−22.16Shareholders’ equity20.69Debt to equity1.13Fiscal year 2023Cash1.19Total debt22.24Net cash (debt)−21.05Shareholders’ equity21.16Debt to equity1.05Fiscal year 2024Cash1.32Total debt24.71Net cash (debt)−23.39Shareholders’ equity21.96Debt to equity1.13Fiscal year 2025Cash1.63Total debt25.80Net cash (debt)−24.17Shareholders’ equity24.19Debt to equity1.07
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.78 0.80 0.90 0.98 1.27 0.99 1.28 1.19 1.32 1.63
Total debt 14.77 16.03 18.15 19.97 22.35 23.04 23.44 22.24 24.71 25.80
Net cash (debt) −14.00 −15.23 −17.25 −18.99 −21.08 −22.05 −22.16 −21.05 −23.39 −24.17
Shareholders’ equity 14.30 15.42 16.73 18.02 18.85 20.04 20.69 21.16 21.96 24.19
Debt to equity 1.03 1.04 1.08 1.11 1.19 1.15 1.13 1.05 1.13 1.07

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
0.78 0.80 0.90 0.98 1.27 0.99 1.28 1.19 1.32 1.63
1.11 1.10 1.27 1.24 1.70 1.94 2.19 2.42 2.44 2.58
35.22 37.60 41.75 43.89 46.56 48.60 46.77 49.61 52.17 55.40
0.43 0.43 0.44 0.45 0.45 0.44 0.41 0.41 0.41 0.41
48.26 48.11 53.92 58.08 62.90 63.12 69.07 66.33 70.56 74.60
Growth −0.3% +12.1% +7.7% +8.3% +0.4% +9.4% −4.0% +6.4% +5.7%
Liabilities
0.04 1.30 0.65 1.45 1.97 0.44 1.00 0.25 0.00 0.25
14.74 14.73 17.50 18.53 20.38 22.60 22.44 21.99 24.71 25.55
calc 14.77 16.03 18.15 19.97 22.35 23.04 23.44 22.24 24.71 25.80
Equity
n/a n/a n/a n/a n/a n/a n/a n/a 14.05 14.86
14.30 15.42 16.73 18.02 18.85 20.04 20.69 21.16 21.96 24.19
Growth +7.8% +8.5% +7.7% +4.6% +6.3% +3.2% +2.3% +3.8% +10.1%
Per share and net cash
calc −14.00 −15.23 −17.25 −18.99 −21.08 −22.05 −22.16 −21.05 −23.39 −24.17
305.1 310.4 321.0 332.6 342.3 354.0 355.0 345.4 346.6 361.1
calc 46.87 49.67 52.11 54.18 55.06 56.60 58.28 61.25 63.36 66.99

Lines marked calc are worked out here from filed figures; point at one for how.