(ED) Consolidated Edison - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2091151041

Stock: Electricity, Gas, Steam

Total Rating 55
Risk 72
Buy Signal 0.15
Risk 5d forecast
Volatility 18.2%
Relative Tail Risk 1.45%
Reward TTM
Sharpe Ratio 0.62
Alpha 16.81
Character TTM
Beta -0.407
Beta Downside -0.552
Drawdowns 3y
Max DD 17.36%
CAGR/Max DD 0.65

EPS (Earnings per Share)

EPS (Earnings per Share) of ED over the last years for every Quarter: "2021-03": 1.44, "2021-06": 0.53, "2021-09": 1.41, "2021-12": 1, "2022-03": 1.47, "2022-06": 0.64, "2022-09": 1.63, "2022-12": 0.81, "2023-03": 1.83, "2023-06": 0.61, "2023-09": 1.62, "2023-12": 1, "2024-03": 2.15, "2024-06": 0.59, "2024-09": 1.68, "2024-12": 0.98, "2025-03": 2.26, "2025-06": 0.68, "2025-09": 1.9, "2025-12": 0.89,

Revenue

Revenue of ED over the last years for every Quarter: 2021-03: 3674, 2021-06: 2972, 2021-09: 3588, 2021-12: 3415, 2022-03: 4077, 2022-06: 3421, 2022-09: 4168, 2022-12: 4004, 2023-03: 4382, 2023-06: 2944, 2023-09: 3872, 2023-12: 3444, 2024-03: 4280, 2024-06: 3220, 2024-09: 4092, 2024-12: 3669, 2025-03: 4798, 2025-06: 3595, 2025-09: 4530, 2025-12: 3995,

Description: ED Consolidated Edison March 04, 2026

Consolidated Edison, Inc. (ED) operates regulated electric, gas, and steam delivery services. The company serves millions of customers across New York City, Westchester County, and parts of New Jersey.

The utility sector is characterized by high barriers to entry and often operates as a natural monopoly within its service territories. Con Edisons business model relies on a vast infrastructure network, including thousands of miles of transmission lines, substations, and gas mains, to deliver essential services. Regulated utilities typically generate stable revenue streams due to predictable demand and government-approved rate structures.

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Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income: 2.02b TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA 6.33 > 1.0
NWC/Revenue: 0.80% < 20% (prev 1.51%; Δ -0.71% < -1%)
CFO/TA 0.06 > 3% & CFO 4.80b > Net Income 2.02b
Net Debt (27.12b) to EBITDA (7.04b): 3.85 < 3
Current Ratio: 1.02 > 1.5 & < 3
Outstanding Shares: last quarter (362.2m) vs 12m ago 4.14% < -2%
Gross Margin: 62.02% > 18% (prev 0.64%; Δ 6138 % > 0.5%)
Asset Turnover: 23.31% > 50% (prev 21.63%; Δ 1.68% > 0%)
Interest Coverage Ratio: 2.22 > 6 (EBITDA TTM 7.04b / Interest Expense TTM 2.12b)

Altman Z'' 1.41

A: 0.00 (Total Current Assets 6.75b - Total Current Liabilities 6.61b) / Total Assets 74.60b
B: 0.20 (Retained Earnings 14.86b / Total Assets 74.60b)
C: 0.07 (EBIT TTM 4.72b / Avg Total Assets 72.58b)
D: 0.29 (Book Value of Equity 14.77b / Total Liabilities 50.41b)
Altman-Z'' Score: 1.41 = BB

Beneish M -3.05

DSRI: 0.89 (Receivables 3.86b/3.93b, Revenue 16.92b/15.26b)
GMI: 1.03 (GM 62.02% / 63.97%)
AQI: 1.01 (AQ_t 0.16 / AQ_t-1 0.16)
SGI: 1.11 (Revenue 16.92b / 15.26b)
TATA: -0.04 (NI 2.02b - CFO 4.80b) / TA 74.60b)
Beneish M-Score: -3.05 (Cap -4..+1) = AA

What is the price of ED shares?

As of March 07, 2026, the stock is trading at USD 112.28 with a total of 2,341,385 shares traded.
Over the past week, the price has changed by -0.21%, over one month by +5.42%, over three months by +18.56% and over the past year by +14.98%.

Is ED a buy, sell or hold?

Consolidated Edison has received a consensus analysts rating of 2.89. Therefor, it is recommend to hold ED.
  • StrongBuy: 3
  • Buy: 0
  • Hold: 9
  • Sell: 4
  • StrongSell: 2

What are the forecasts/targets for the ED price?

Issuer Target Up/Down from current
Wallstreet Target Price 109.6 -2.4%
Analysts Target Price 109.6 -2.4%

ED Fundamental Data Overview March 06, 2026

P/E Trailing = 19.945
P/E Forward = 18.7266
P/S = 2.4023
P/B = 1.6782
P/EG = 3.7441
Revenue TTM = 16.92b USD
EBIT TTM = 4.72b USD
EBITDA TTM = 7.04b USD
Long Term Debt = 25.55b USD (from longTermDebt, last quarter)
Short Term Debt = 2.45b USD (from shortTermDebt, last quarter)
Debt = 28.75b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 27.12b USD (from netDebt column, last quarter)
Enterprise Value = 67.77b USD (40.64b + Debt 28.75b - CCE 1.63b)
Interest Coverage Ratio = 2.22 (Ebit TTM 4.72b / Interest Expense TTM 2.12b)
EV/FCF = 19.38x (Enterprise Value 67.77b / FCF TTM 3.50b)
FCF Yield = 5.16% (FCF TTM 3.50b / Enterprise Value 67.77b)
FCF Margin = 20.66% (FCF TTM 3.50b / Revenue TTM 16.92b)
Net Margin = 11.95% (Net Income TTM 2.02b / Revenue TTM 16.92b)
Gross Margin = 62.02% ((Revenue TTM 16.92b - Cost of Revenue TTM 6.43b) / Revenue TTM)
Gross Margin QoQ = 51.51% (prev 79.14%)
Tobins Q-Ratio = 0.91 (Enterprise Value 67.77b / Total Assets 74.60b)
Interest Expense / Debt = 1.09% (Interest Expense 313.0m / Debt 28.75b)
Taxrate = 21.22% (80.0m / 377.0m)
NOPAT = 3.72b (EBIT 4.72b * (1 - 21.22%))
Current Ratio = 1.02 (Total Current Assets 6.75b / Total Current Liabilities 6.61b)
Debt / Equity = 1.19 (Debt 28.75b / totalStockholderEquity, last quarter 24.19b)
Debt / EBITDA = 3.85 (Net Debt 27.12b / EBITDA 7.04b)
Debt / FCF = 7.76 (Net Debt 27.12b / FCF TTM 3.50b)
Total Stockholder Equity = 23.97b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.79% (Net Income 2.02b / Total Assets 74.60b)
RoE = 8.43% (Net Income TTM 2.02b / Total Stockholder Equity 23.97b)
RoCE = 9.53% (EBIT 4.72b / Capital Employed (Equity 23.97b + L.T.Debt 25.55b))
RoIC = 7.36% (NOPAT 3.72b / Invested Capital 50.55b)
WACC = 2.94% (E(40.64b)/V(69.40b) * Re(4.42%) + D(28.75b)/V(69.40b) * Rd(1.09%) * (1-Tc(0.21)))
Discount Rate = 4.42% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 2.18%
[DCF] Terminal Value 85.83% ; FCFF base≈3.50b ; Y1≈3.33b ; Y5≈3.19b
[DCF] Fair Price = 190.0 (EV 95.76b - Net Debt 27.12b = Equity 68.64b / Shares 361.3m; r=5.90% [WACC]; 5y FCF grow -6.30% → 2.90% )
EPS Correlation: 6.81 | EPS CAGR: -12.52% | SUE: -0.01 | # QB: 0
Revenue Correlation: 18.20 | Revenue CAGR: -0.54% | SUE: 2.63 | # QB: 2
EPS next Quarter (2026-06-30): EPS=0.75 | Chg7d=+0.088 | Chg30d=+0.088 | Revisions Net=+2 | Analysts=5
EPS current Year (2026-12-31): EPS=6.07 | Chg7d=+0.016 | Chg30d=+0.058 | Revisions Net=+7 | Growth EPS=+6.5% | Growth Revenue=+1.8%
EPS next Year (2027-12-31): EPS=6.48 | Chg7d=+0.029 | Chg30d=+0.081 | Revisions Net=+4 | Growth EPS=+6.7% | Growth Revenue=+5.1%
[Analyst] Revisions Ratio: +1.00 (2 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 2.9% (Discount Rate 7.9% - Earnings Yield 5.0%)
[Growth] Growth Spread = +2.7% (Analyst 5.6% - Implied 2.9%)

Additional Sources for ED Stock

Fund Manager Positions: Dataroma | Stockcircle