ED Consolidated Edison, Inc.

Price (delayed)

$80.33

Market cap

$26.87B

P/E Ratio

20.03

Dividend/share

$3.04

EPS

$4.01

Enterprise value

$49.35B

Sector: Utilities
Industry: Utilities - Regulated Electric
Consolidated Edison, Inc. operates as holding company, which through its subsidiaries engages in the business of regulated electric, gas, and steam delivery. It operates through the following segments: Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), Con Edison Clean Energy Businesses, Inc. and Con Edison Transmission, Inc.. The Consolidated Edison Co. of New York segment involves regulated electric, gas, and steam utility businesses. The Orange & Rockland Utilities segment covers regulated electric and gas utility delivery businesses. The Con Edison Clean Energy Businesses, Inc. segment develops, owns and operates renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers. The Con Edison Transmission, Inc. segment invests in electric and gas transmission projects. The company was founded in 1823 and is headquartered in New York, NY.

Highlights

The gross margin has grown by 10% YoY
The gross profit is up by 7% YoY
The quick ratio has grown by 11% YoY but it has contracted by 9% from the previous quarter
ED's P/E is 8% above its 5-year quarterly average of 18.6 but 2.8% below its last 4 quarters average of 20.6
ED's debt is up by 11% YoY
The revenue has contracted by 2.1% YoY

Key stats

What are the main financial stats of ED
Market
Shares outstanding
334.5M
Market cap
$26.87B
Enterprise value
$49.35B
Valuations
Price to earnings (P/E)
20.03
Price to book (P/B)
1.47
Price to sales (P/S)
2.19
EV/EBIT
18.86
EV/EBITDA
11.18
EV/Sales
4.02
Earnings
Revenue
$12.27B
EBIT
$2.62B
EBITDA
$4.42B
Free cash flow
-$779M
Per share
EPS
$4.01
Free cash flow per share
-$2.33
Book value per share
$54.55
Revenue per share
$36.72
TBVPS
$170.98
Balance sheet
Total assets
$59.08B
Total liabilities
$40.64B
Debt
$23.82B
Equity
$18.23B
Working capital
-$2.14B
Liquidity
Debt to equity
1.31
Current ratio
0.68
Quick ratio
0.51
Net debt/EBITDA
5.09
Margins
EBITDA margin
36%
Gross margin
56.9%
Net margin
10.9%
Operating margin
22.2%
Efficiency
Return on assets
2.3%
Return on equity
7.4%
Return on invested capital
3.7%
Return on capital employed
5%
Return on sales
21.3%
Dividend
Dividend yield
3.78%
DPS
$3.04
Payout ratio
75.7%

ED stock price

How has the Consolidated Edison stock price performed over time

Financial performance

How have Consolidated Edison's revenue and profit performed over time
Revenue
$12.27B
Gross profit
$6.98B
Operating income
$2.72B
Net income
$1.33B
Gross margin
56.9%
Net margin
10.9%
The gross margin has grown by 10% YoY
The gross profit is up by 7% YoY
ED's net margin is up by 3.8% QoQ
The net income has increased by 2.9% from the previous quarter

Growth

What is Consolidated Edison's growth rate over time

Valuation

What is Consolidated Edison stock price valuation
P/E
20.03
P/B
1.47
P/S
2.19
EV/EBIT
18.86
EV/EBITDA
11.18
EV/Sales
4.02
ED's P/E is 8% above its 5-year quarterly average of 18.6 but 2.8% below its last 4 quarters average of 20.6
The EPS has declined by 5% year-on-year but it has increased by 2.8% since the previous quarter
The stock's price to book (P/B) is 8% less than its 5-year quarterly average of 1.6 and 2% less than its last 4 quarters average of 1.5
The company's equity rose by 2.9% YoY
The stock's P/S is 10% more than its 5-year quarterly average of 2.0
The revenue has contracted by 2.1% YoY

Efficiency

How efficient is Consolidated Edison business performance
The return on assets has declined by 8% year-on-year
Consolidated Edison's ROIC has decreased by 8% YoY
The company's return on equity fell by 6% YoY but it rose by 2.8% QoQ

Dividends

What is ED's dividend history
DPS
$3.04
Dividend yield
3.78%
Payout ratio
75.7%
Recent dividends

Financial health

How did Consolidated Edison financials performed over time
The company's total assets is 45% higher than its total liabilities
Consolidated Edison's current ratio has decreased by 15% QoQ but it has increased by 10% YoY
The quick ratio has grown by 11% YoY but it has contracted by 9% from the previous quarter
ED's debt is 31% higher than its equity

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.