ED Stock Analysis: Consolidated Edison | NYSE
Utilities - Regulated Electric | NYSE, USA | Market Cap: 40.770m USD | 12M Return: 17.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 247M
EPS Trend: 92.7%
Qual. Beats: -1
Rev. Trend: 82.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 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. (ED) is a regulated multi-utility holding company that delivers electricity, natural gas, and steam through its subsidiaries in the United States. The companys electric service territory covers New York City and Westchester County, while its gas operations extend into Manhattan, the Bronx, parts of Queens, and Westchester County. It also operates adjacent utility businesses in southeastern New York and northern New Jersey.
ED serves a diverse customer base across industrial, commercial, residential, and government segments and owns significant transmission and distribution infrastructure, including hundreds of circuit miles of transmission lines, distribution substations, overhead and underground distribution lines, and an extensive natural gas main and service line network. The company also invests in electric and gas transmission projects beyond its core service territory. Founded in 1823 and headquartered in New York, NY, ED is one of the oldest investor-owned utilities in the United States.
As a regulated multi-utility, ED operates under a rate-of-return framework overseen by state public service commissions, which allows it to recover approved costs and earn a regulated return on its rate base. Its large, capital-intensive infrastructure in a dense, urban service area typically results in a stable, predictable revenue stream, though earnings growth is largely tied to periodic rate case decisions and approved capital expenditure programs.
- NYS rate orders set allowed return on equity
- Multi-billion clean energy capex expands rate base
- Rising interest rates pressure utility borrowing costs
| Net Income: 2.15b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 4.91 > 1.0 |
| NWC/Revenue: 5.81% < 20% (prev 8.57%; Δ -2.77% < -1%) |
| CFO/TA 0.06 > 3% & CFO 4.14b > Net Income 2.15b |
| Net Debt (27.5b) to EBITDA (6.97b): 3.95 < 3 |
| Current Ratio: 1.19 > 1.5 & < 3 |
| Outstanding Shares: last quarter (364.4m) vs 12m ago 3.73% < -2% |
| Gross Margin: 65.01% > 18% (prev 63.69%; Δ 1.33% > 0.5%) |
| Asset Turnover: 23.67% > 50% (prev 22.32%; Δ 1.35% > 0%) |
| Interest Coverage Ratio: 2.32 > 6 (EBIT TTM 4.91b / Interest Expense TTM 2.12b) |
| A: 0.01 (Total Current Assets 6.29b - Total Current Liabilities 5.29b) / Total Assets 74.7b |
| B: 0.21 (Retained Earnings 15.5b / Total Assets 74.7b) |
| C: 0.07 (EBIT TTM 4.91b / Avg Total Assets 72.7b) |
| D: 0.52 (Book Value of Equity 25.6b / Total Liabilities 49.1b) |
| Altman-Z'' = 1.76 = BBB |
| DSRI: 0.70 (Receivables 2.92b/3.85b, Revenue 17.2b/15.8b) |
| GMI: 0.98 (GM 63.69% / 65.01%) |
| AQI: 1.04 (AQ_t 0.17 / AQ_t-1 0.16) |
| SGI: 1.09 (Revenue 17.2b / 15.8b) |
| TATA: -0.03 (NI 2.15b - CFO 4.14b) / TA 74.7b) |
| Beneish M = -3.21 (Cap -4..+1) = AA |
As of July 05, 2026, the stock is trading at USD 113.99 with a total of 2,172,100 shares traded. Over the past week, the price has changed by +2.92%, over one month by +10.16%, over three months by +0.29% and over the past year by +17.41%.
Current recommended Stop Loss: 111.10 (which is 2.5% 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 | 110.1 | -3.4% |
P/E Trailing = 18.656
P/E Forward = 18.1488
P/S = 2.3683
P/B = 1.5928
P/EG = 2.6284
Revenue TTM = 17.2b USD
EBIT TTM = 4.91b USD
EBITDA TTM = 6.97b USD
Long Term Debt = 25.6b USD (from longTermDebt, last quarter)
Short Term Debt = 1.24b USD (from shortTermDebt, last quarter)
Debt = 27.7b USD (from shortLongTermDebtTotal, last quarter) + Leases 504.0m
Net Debt = 27.5b USD (calculated: Debt 27.7b - CCE 147.0m)
Enterprise Value = 68.3b USD (40.8b + Debt 27.7b - CCE 147.0m)
Interest Coverage Ratio = 2.32 (Ebit TTM 4.91b / Interest Expense TTM 2.12b)
EV/FCF = 24.26x (Enterprise Value 68.3b / FCF TTM 2.81b)
FCF Yield = 4.12% (FCF TTM 2.81b / Enterprise Value 68.3b)
FCF Margin = 16.35% (FCF TTM 2.81b / Revenue TTM 17.2b)
Net Margin = 12.52% (Net Income TTM 2.15b / Revenue TTM 17.2b)
Gross Margin = 65.01% ((Revenue TTM 17.2b - Cost of Revenue TTM 6.02b) / Revenue TTM)
Gross Margin QoQ = 73.09% (prev 51.51%)
Tobins Q-Ratio = 0.91 (Enterprise Value 68.3b / Total Assets 74.7b)
Interest Expense / Debt = 7.66% (Interest Expense 2.12b / Debt 27.7b)
Taxrate = 22.76% (635.0m / 2.79b)
NOPAT = 3.79b (EBIT 4.91b * (1 - 22.76%))
Current Ratio = 1.19 (Total Current Assets 6.29b / Total Current Liabilities 5.29b)
Debt / Equity = 1.08 (Debt 27.7b / totalStockholderEquity, last quarter 25.6b)
Debt / EBITDA = 3.95 (Net Debt 27.5b / EBITDA 6.97b)
Debt / FCF = 9.78 (Net Debt 27.5b / FCF TTM 2.81b)
Total Stockholder Equity = 24.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.96% (Net Income 2.15b / Total Assets 74.7b)
RoE = 8.82% (Net Income TTM 2.15b / Total Stockholder Equity 24.4b)
RoCE = 9.82% (EBIT 4.91b / Capital Employed (Equity 24.4b + L.T.Debt 25.6b))
RoIC = 5.38% (NOPAT 3.79b / Invested Capital 70.6b)
WACC = 4.85% (E(40.8b)/V(68.5b) * Re(4.13%) + D(27.7b)/V(68.5b) * Rd(7.66%) * (1-Tc(0.23)))
Discount Rate = 4.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 2.21%
[DCF] Terminal Value 75.44% ; FCFF base≈2.81b ; Y1≈2.83b ; Y5≈2.99b
[DCF] Fair Price = 51.66 (EV 46.6b - Net Debt 27.5b = Equity 19.0b / Shares 368.5m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 92.73 | EPS CAGR: 6.17% | SUE: -1.07 | # QB: -1
Revenue Correlation: 82.52 | Revenue CAGR: 5.35% | SUE: 0.59 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.76 | Chg30d=-0.92% | Revisions=+62% | Analysts=8
EPS next Quarter (2026-09-30): EPS=2.05 | Chg30d=-1.37% | Revisions=+12% | Analysts=8
EPS current Year (2026-12-31): EPS=6.11 | Chg30d=+0.01% | Revisions=+22% | GrowthEPS=+7.2% | GrowthRev=+3.1%
EPS next Year (2027-12-31): EPS=6.49 | Chg30d=-0.01% | Revisions=-67% | GrowthEPS=+6.2% | GrowthRev=+4.7%
[Analyst] Revisions Ratio: +8% (up=12, down=10)