ED Consolidated Edison, Inc.

Price (delayed)

$73.26

Market cap

$24.48B

P/E Ratio

18.78

Dividend/share

$3.01

EPS

$3.9

Enterprise value

$46.5B

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 quick ratio has grown by 40% YoY and by 10% from the previous quarter
ED's P/E is 12% below its last 4 quarters average of 21.3
ED's debt is up by 11% YoY and by 4.7% QoQ
The EPS has declined by 11% year-on-year and by 4.6% since the previous quarter

Key stats

What are the main financial stats of ED
Market
Shares outstanding
334.1M
Market cap
$24.48B
Enterprise value
$46.5B
Valuations
Price to earnings (P/E)
18.78
Price to book (P/B)
1.34
Price to sales (P/S)
1.99
EV/EBIT
17.86
EV/EBITDA
10.7
EV/Sales
3.78
Earnings
Revenue
$12.29B
EBIT
$2.6B
EBITDA
$4.35B
Free cash flow
-$501M
Per share
EPS
$3.9
Free cash flow per share
-$1.5
Book value per share
$54.71
Revenue per share
$36.85
TBVPS
$171.41
Balance sheet
Total assets
$59.16B
Total liabilities
$40.69B
Debt
$23.6B
Equity
$18.26B
Working capital
-$1.29B
Liquidity
Debt to equity
1.29
Current ratio
0.8
Quick ratio
0.56
Net debt/EBITDA
5.07
Margins
EBITDA margin
35.3%
Gross margin
55.9%
Net margin
10.5%
Operating margin
21.9%
Efficiency
Return on assets
2.3%
Return on equity
7.2%
Return on invested capital
3.7%
Return on capital employed
4.9%
Return on sales
21.2%
Dividend
Dividend yield
4.11%
DPS
$3.01
Payout ratio
77.2%

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
$12.29B
Gross profit
$6.88B
Operating income
$2.7B
Net income
$1.3B
Gross margin
55.9%
Net margin
10.5%
The gross margin has grown by 10% YoY and by 3.9% from the previous quarter
The gross profit is up by 8% YoY
The net income has decreased by 6% YoY and by 3.6% from the previous quarter
ED's net margin is down by 4.5% YoY

Valuation

What is Consolidated Edison stock price valuation
P/E
18.78
P/B
1.34
P/S
1.99
EV/EBIT
17.86
EV/EBITDA
10.7
EV/Sales
3.78
ED's P/E is 12% below its last 4 quarters average of 21.3
The EPS has declined by 11% year-on-year and by 4.6% since the previous quarter
The stock's price to book (P/B) is 16% less than its 5-year quarterly average of 1.6 and 16% less than its last 4 quarters average of 1.6
The company's equity rose by 5% YoY
The stock's P/S is 14% less than its last 4 quarters average of 2.3
The revenue has contracted by 2.2% from the previous quarter

Efficiency

How efficient is Consolidated Edison business performance
The return on assets has declined by 15% year-on-year and by 4.2% since the previous quarter
The company's return on equity fell by 14% YoY and by 5% QoQ
Consolidated Edison's ROIC has decreased by 12% YoY and by 2.6% from the previous quarter

Dividends

What is ED's dividend history
DPS
$3.01
Dividend yield
4.11%
Payout ratio
77.2%
Recent dividends

Financial health

How did Consolidated Edison financials performed over time
The company's total assets is 45% higher than its total liabilities
The quick ratio has grown by 40% YoY and by 10% from the previous quarter
Consolidated Edison's current ratio has increased by 33% YoY and by 18% QoQ
ED's debt is 29% higher than its equity
ED's debt is up by 11% YoY and by 4.7% QoQ
The debt to equity has increased by 6% YoY and by 3.2% QoQ

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