ED Stock Analysis: Consolidated Edison | NYSE
Utilities - Regulated Electric | NYSE, USA | Market Cap: 38.129m USD | 12M Return: 9.4% | US2091151041 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 215M
EPS Trend: 91.3%
Qual. Beats: 1
Rev. Trend: 93.8%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Consolidated Edison, Inc. (NYSE: ED) is a holding company that, through its subsidiaries, operates regulated electric, gas, and steam delivery businesses in the United States, primarily serving customers across New York City, Westchester County, and parts of southeastern New York and northern New Jersey. The company provides electric service to approximately 3.7 million customers, gas service to roughly 1.2 million customers across its service territories, and steam service to about 1,490 customers in Manhattan. Its customer base spans industrial, commercial, residential, and government segments, and it also invests in electric and gas transmission projects.
As a multi-utility in the GICS Utilities sector, Con Ed operates as a regulated rate-of-return utility, meaning its earnings are largely determined by approved rates of return on the infrastructure it builds and maintains, including its transmission lines, substations, and distribution networks. Founded in 1823 and headquartered in New York, NY, Con Ed is one of the oldest investor-owned utilities in the United States.
- NY rate case order sets new allowed return on equity
- Capital expenditure plan accelerates grid modernization spending
- Rising interest rates pressure utility debt servicing costs
| Net Income: 2.22b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 7.02 > 1.0 |
| NWC/Revenue: 8.12% < 20% (prev 3.32%; Δ 4.80% < -1%) |
| CFO/TA 0.05 > 3% & CFO 3.96b > Net Income 2.22b |
| Net Debt (27.4b) to EBITDA (5.51b): 4.96 < 3 |
| Current Ratio: 1.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (370.0m) vs 12m ago 2.29% < -2% |
| Gross Margin: 64.87% > 18% (prev 60.70%; Δ 4.17% > 0.5%) |
| Asset Turnover: 23.91% > 50% (prev 22.59%; Δ 1.32% > 0%) |
| Interest Coverage Ratio: 1.49 > 6 (EBIT TTM 3.18b / Interest Expense TTM 2.13b) |
| A: 0.02 (Total Current Assets 6.79b - Total Current Liabilities 5.35b) / Total Assets 76.5b |
| B: 0.20 (Retained Earnings 15.4b / Total Assets 76.5b) |
| C: 0.04 (EBIT TTM 3.18b / Avg Total Assets 74.0b) |
| D: 0.51 (Book Value of Equity 25.7b / Total Liabilities 50.7b) |
| Altman-Z'' = 1.60 = BB |
| DSRI: 0.92 (Receivables 3.40b/3.37b, Revenue 17.7b/16.2b) |
| GMI: 0.94 (GM 60.70% / 64.87%) |
| AQI: 1.00 (AQ_t 0.16 / AQ_t-1 0.16) |
| SGI: 1.10 (Revenue 17.7b / 16.2b) |
| TATA: -0.02 (NI 2.22b - CFO 3.96b) / TA 76.5b) |
| Beneish M = -3.08 (Cap -4..+1) = AA |
As of October 03, 2026, the stock is trading at USD 103.39 with a total of 2,622,333 shares traded. Over the past week, the price has changed by +0.28%, over one month by -3.98%, over three months by -8.56% and over the past year by +9.40%.
Current recommended Stop Loss: 100.90 (which is 2.4% or 1.5 ATR below the current price).
Consolidated Edison has received a consensus analysts rating of 2.89. Therefore, it is recommended to hold ED.
- StrongBuy: 3
- Buy: 0
- Hold: 9
- Sell: 4
- StrongSell: 2
| Analysts Target Price | 110 | 6.4% |
P/E Trailing = 16.9294
P/E Forward = 16.0772
P/S = 2.1555
P/B = 1.4932
P/EG = 2.0608
Revenue TTM = 17.7b USD
EBIT TTM = 3.18b USD
EBITDA TTM = 5.51b USD
Long Term Debt = 26.8b USD (from longTermDebt, last quarter)
Short Term Debt = 1.10b USD (from shortTermDebt, last quarter)
Debt = 28.8b USD (from shortLongTermDebtTotal, last quarter) + Leases 506.0m
Net Debt = 27.4b USD (calculated: Debt 28.8b - CCE 1.47b)
Enterprise Value = 65.5b USD (38.1b + Debt 28.8b - CCE 1.47b)
Interest Coverage Ratio = 1.49 (Ebit TTM 3.18b / Interest Expense TTM 2.13b)
EV/FCF = 12.91x (Enterprise Value 65.5b / FCF TTM 5.07b)
FCF Yield = 7.75% (FCF TTM 5.07b / Enterprise Value 65.5b)
FCF Margin = 28.67% (FCF TTM 5.07b / Revenue TTM 17.7b)
Net Margin = 12.53% (Net Income TTM 2.22b / Revenue TTM 17.7b)
Gross Margin = 64.87% ((Revenue TTM 17.7b - Cost of Revenue TTM 6.21b) / Revenue TTM)
Gross Margin QoQ = 51.78% (prev 73.09%)
Tobins Q-Ratio = 0.86 (Enterprise Value 65.5b / Total Assets 76.5b)
Interest Expense / Debt = 7.40% (Interest Expense 2.13b / Debt 28.8b)
Taxrate = 23.60% (685.0m / 2.90b)
NOPAT = 2.43b (EBIT 3.18b * (1 - 23.60%))
Current Ratio = 1.27 (Total Current Assets 6.79b / Total Current Liabilities 5.35b)
Debt / Equity = 1.12 (Debt 28.8b / totalStockholderEquity, last quarter 25.7b)
Debt / EBITDA = 4.96 (Net Debt 27.4b / EBITDA 5.51b)
Debt / FCF = 5.39 (Net Debt 27.4b / FCF TTM 5.07b)
Total Stockholder Equity = 24.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.00% (Net Income 2.22b / Total Assets 76.5b)
RoE = 8.90% (Net Income TTM 2.22b / Total Stockholder Equity 24.9b)
RoCE = 6.14% (EBIT 3.18b / Capital Employed (Equity 24.9b + L.T.Debt 26.8b))
RoIC = 3.41% (NOPAT 2.43b / Invested Capital 71.3b)
WACC = 4.77% (E(38.1b)/V(67.0b) * Re(4.10%) + D(28.8b)/V(67.0b) * Rd(7.40%) * (1-Tc(0.24)))
Discount Rate = 4.10% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.05 | Cagr: 2.92%
[DCF] Terminal Value 75.44% ; FCFF base≈5.07b ; Y1≈5.09b ; Y5≈5.39b
[DCF] Fair Price = 152.9 (EV 83.9b - Net Debt 27.4b = Equity 56.6b / Shares 369.8m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 91.35 | EPS CAGR: 5.52% | SUE: 1.28 | # QB: 1
Revenue Correlation: 93.80 | Revenue CAGR: 7.24% | SUE: 2.20 | # QB: 1
EPS current Quarter (2026-09-30): EPS=2.03 | Chg30d=+0.17% | Revisions=+12% | Analysts=8
EPS current Year (2026-12-31): EPS=6.11 | Chg30d=-0.03% | Revisions=+38% | GrowthEPS=+7.1% | GrowthRev=+4.0%
EPS next Year (2027-12-31): EPS=6.50 | Chg30d=+0.14% | Revisions=+0% | GrowthEPS=+6.4% | GrowthRev=+4.9%
[Analyst] Revisions Ratio: +21% (up=10, down=6)