Overview Dividends

(ED) Consolidated Edison - Ratings and Ratios

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

Electricity, Gas, Steam

Multi-Utilities
Market Cap in USD: 35,841m

IPO / Inception: 1970-01-02
Return 12m vs S&P 500: -2.18%

EPS (Earnings per Share)

EPS CAGR: -49.44%
EPS Trend: -13.3%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 7.83%
Rev. Trend: 24.8%

Last SUE: 1.39
Qual. Beats: 1

Dividends

Dividend Yield	3.42%
Yield on Cost 5y	5.76%
Yield CAGR 5y	2.34%
Payout Consistency	96.9%
Payout Ratio	58.4%

Risk via 5d forecast
Volatility	17.3%
Value at Risk 5%th	28.9%
Relative Tail Risk	1.48%

Reward TTM
Sharpe Ratio	0.61
Alpha	12.38
CAGR/Max DD	0.29

Character TTM
Hurst Exponent	0.419
Beta	-0.158
Beta Downside	-0.273

Drawdowns 3y
Max DD	17.36%
Mean DD	6.91%
Median DD	7.31%

Description: ED Consolidated Edison December 04, 2025

Consolidated Edison Inc. (NYSE:ED) operates regulated electric, gas, and steam distribution networks primarily in New York City, Westchester County, and parts of New Jersey, serving roughly 3.7 million electric, 1.1 million gas, and 1,520 steam customers. Its infrastructure includes 549 circuit miles of transmission lines, 15 transmission substations, 64 distribution substations, nearly 380 k service lines for gas, and extensive underground and overhead distribution assets.

Key metrics: FY 2023 revenue was about $13.5 billion with a regulated rate base near $30 billion, supporting a dividend yield of roughly 3.3 % and a payout ratio around 70 %. The utility’s earnings are increasingly tied to New York’s Climate Leadership and Community Protection Act, driving capital allocation toward grid modernization and renewable-energy procurement. Sector-wide, utility cash flows are largely inflation-linked, making ED relatively resilient in a rising-rate environment.

For a deeper dive into how ED’s regulated rate structure and climate-policy exposure could affect its risk-adjusted returns, you may find ValueRay’s analytical tools worth exploring.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (2.04b TTM) > 0 and > 6% of Revenue (6% = 995.5m TTM)

FCFTA 0.05 (>2.0%) and ΔFCFTA 6.92pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 2.30% (prev 0.35%; Δ 1.94pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 4.63b > Net Income 2.04b (YES >=105%, WARN >=100%)

Net Debt (26.49b) to EBITDA (6.94b) ratio: 3.82 <= 3.0 (WARN <= 3.5)

Current Ratio 1.08 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (361.9m) change vs 12m ago 4.14% (target <= -2.0% for YES)

Gross Margin 64.40% (prev 61.52%; Δ 2.88pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 23.62% (prev 21.90%; Δ 1.72pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.20 (EBITDA TTM 6.94b / Interest Expense TTM 2.12b) >= 6 (WARN >= 3)

Altman Z'' 1.48

(A) 0.01 = (Total Current Assets 5.46b - Total Current Liabilities 5.08b) / Total Assets 71.84b

(B) 0.21 = Retained Earnings (Balance) 14.87b / Total Assets 71.84b

(D) 0.31 = Book Value of Equity 14.92b / Total Liabilities 47.68b

Total Rating: 1.48 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 61.48

1. Piotroski 4.0pt

2. FCF Yield 5.44%

3. FCF Margin 20.44%

4. Debt/Equity 1.10

5. Debt/Ebitda 3.82

6. ROIC - WACC (= 2.62)%

7. RoE 8.69%

8. Rev. Trend 24.84%

9. EPS Trend -13.31%

What is the price of ED shares?

As of January 01, 2026, the stock is trading at USD 99.32 with a total of 1,218,242 shares traded.
Over the past week, the price has changed by -0.21%, over one month by +1.47%, over three months by -0.37% and over the past year by +15.15%.

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.

Strong Buy: 3
Buy: 0
Hold: 9
Sell: 4
Strong Sell: 2

What are the forecasts/targets for the ED price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	102.7	3.4%
Analysts Target Price	102.7	3.4%
ValueRay Target Price	106.4	7.1%

ED Fundamental Data Overview December 28, 2025

Market Cap USD = 35.84b (35.84b USD * 1.0 USD.USD)
P/E Trailing = 17.3601
P/E Forward = 16.5837
P/S = 2.16
P/B = 1.4864
P/EG = 3.3177
Beta = 0.362
Revenue TTM = 16.59b USD
EBIT TTM = 4.66b USD
EBITDA TTM = 6.94b USD
Long Term Debt = 24.91b USD (from longTermDebt, last quarter)
Short Term Debt = 1.37b USD (from shortTermDebt, last quarter)
Debt = 26.68b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 26.49b USD (from netDebt column, last quarter)
Enterprise Value = 62.33b USD (35.84b + Debt 26.68b - CCE 181.0m)
Interest Coverage Ratio = 2.20 (Ebit TTM 4.66b / Interest Expense TTM 2.12b)
FCF Yield = 5.44% (FCF TTM 3.39b / Enterprise Value 62.33b)
FCF Margin = 20.44% (FCF TTM 3.39b / Revenue TTM 16.59b)
Net Margin = 12.26% (Net Income TTM 2.04b / Revenue TTM 16.59b)
Gross Margin = 64.40% ((Revenue TTM 16.59b - Cost of Revenue TTM 5.91b) / Revenue TTM)
Gross Margin QoQ = 79.14% (prev 50.76%)
Tobins Q-Ratio = 0.87 (Enterprise Value 62.33b / Total Assets 71.84b)
Interest Expense / Debt = 4.49% (Interest Expense 1.20b / Debt 26.68b)
Taxrate = 22.70% (202.0m / 890.0m)
NOPAT = 3.60b (EBIT 4.66b * (1 - 22.70%))
Current Ratio = 1.08 (Total Current Assets 5.46b / Total Current Liabilities 5.08b)
Debt / Equity = 1.10 (Debt 26.68b / totalStockholderEquity, last quarter 24.17b)
Debt / EBITDA = 3.82 (Net Debt 26.49b / EBITDA 6.94b)
Debt / FCF = 7.81 (Net Debt 26.49b / FCF TTM 3.39b)
Total Stockholder Equity = 23.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.83% (Net Income 2.04b / Total Assets 71.84b)
RoE = 8.69% (Net Income TTM 2.04b / Total Stockholder Equity 23.42b)
RoCE = 9.63% (EBIT 4.66b / Capital Employed (Equity 23.42b + L.T.Debt 24.91b))
RoIC = 7.22% (NOPAT 3.60b / Invested Capital 49.86b)
WACC = 4.60% (E(35.84b)/V(62.52b) * Re(5.43%) + D(26.68b)/V(62.52b) * Rd(4.49%) * (1-Tc(0.23)))
Discount Rate = 5.43% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 2.14%
[DCF Debug] Terminal Value 77.54% ; FCFE base≈3.39b ; Y1≈3.23b ; Y5≈3.10b
Fair Price DCF = 153.6 (DCF Value 55.44b / Shares Outstanding 360.9m; 5y FCF grow -6.30% → 3.0% )
EPS Correlation: -13.31 | EPS CAGR: -49.44% | SUE: -4.0 | # QB: 0
Revenue Correlation: 24.84 | Revenue CAGR: 7.83% | SUE: 1.39 | # QB: 1
EPS next Quarter (2026-03-31): EPS=2.19 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=3
EPS next Year (2026-12-31): EPS=6.02 | Chg30d=-0.007 | Revisions Net=+0 | Growth EPS=+6.5% | Growth Revenue=+3.8%

Additional Sources for ED Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle