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Consolidated Edison, Inc.

Fundamental data last updated:September 12, 2026

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company profile

SECTOR

Utilities

industry

Regulated Electric

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,555 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, it operates 533 circuit miles of transmission lines; 15 transmission substations; 64 distribution substations; 87,564 in-service line transformers; 3,924 pole miles of overhead distribution lines; and 2,291 miles of underground distribution lines, as well as 4,350 miles of mains and 377,971 service lines for natural gas distribution. Further, the company owns, operates, and develops renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. The company was founded in 1823 and is based in New York, New York.

 


VALUATION

P/E

17.79

Market Cap ($M USD)

$38.92B

Forward P/E

13.56

PEG

0.44

PRICE TO SALES

2.26

PRICE TO BOOK

1.50

EV / EBITDA

9.46

5-Year Average P/E

Free Cash Flow Yield

7.23%

DCF Value

$95.82

Graham Number

$97.05

Price to FCF

13.83

EV to FCF

23.43

Earnings Yield

5.62%

FCF Yield

7.23%

DIVIDEND

Yield

3.29%

Annual Payout

$3.48

Payout Ratio

55.31%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$5.94

Next Year EPS Growth Estimate

$7.79

Next Year Revenue Growth Estimate

$19.96B

Return on Equity (ROE)

8.82%

FREE CASH FLOW

Operating Margin

17.33%

Debt-to-Equity

1.19

Piotroski F-Score

6

Altman Z-Score

1.23

Return on Invested Capital (ROIC)

4.29%

Current Ratio

1.19

Quick Ratio

1.09

Net Debt to EBITDA

3.88

Interest Coverage

1.41

Gross Profit margin

65.01%

FCF PER SHARE

$7.75

REVENUE PER SHARE

$47.42

Gainseekers Quantitative Analysis

Summary

Consolidated Edison, Inc. presents a mixed valuation picture. Recent pricing indicated it traded above its DCF value and Graham Number, suggesting a potential overvaluation. However, the Forward P/E of 13.65 and a compelling Earnings Yield of 5.58% highlight a more attractive future earnings potential. The Altman Z-score of 1.23 raises red flags about financial distress, yet the PEG ratio of 0.44 suggests undervaluation relative to growth. This duality paints a complex picture of both opportunity and caution.

AI Exposure / Tech Reliance

As a regulated electric utility, Consolidated Edison is not at the forefront of AI or tech innovation. However, its stable industry provides resilience against rapid tech shifts. The company’s focus remains on reliable service and infrastructure rather than cutting-edge technology.

The Bull Case

For the value-driven investor, Consolidated Edison offers a compelling narrative. With a solid ROIC of 4.29% and a Piotroski F-Score of 6, the company demonstrates efficient capital use and financial health. Its operating margin of 17.33% and a decent FCF Yield of 7.19% underscore strong pricing power and cash generation capabilities. These metrics suggest a robust foundation for long-term growth and stability.

The Bear Case

Despite some strengths, the stock faces significant challenges. The Altman Z-score indicates potential financial distress, and the stock's proximity to its 52-week high suggests technical overextension. The Price/Book ratio of 1.51 and Price/Sales ratio of 2.28 hint at a premium valuation that may not be justified by its growth prospects. Additionally, the low interest coverage ratio of 1.41 raises concerns about its ability to manage debt obligations effectively.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$108.55

Institutional Ownership %

1-Year Beta

0.29

Insider Buying % (6 Mo)

Distance to 52-Week High

10.05%

Distance to 52-Week Low

10.09%

EARNINGS SURPRISE %

-4.82%

50-DAY SMA

$109.84

200-DAY SMA

$104.00

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.