Consolidated Edison Inc

Chart & Performance

D1W1MN

P/E

12.32

P/S

2.12

EPS

7.27

Div Yield, %

3.53%

Shrs. gr., 5y

2.23%

Rev. gr., 5y

3.51%

Revenues

14.66b

-6.43%

Net income

2.52b

+51.75%

CFO

2.16b

-45.21%

Dividend

Aug 14, 20240.83 USD/sh

Earnings

Feb 13, 2025

Profile

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.

URL

https://www.conedison.com/

IPO date

Jun 21, 1948

Employees

14,319

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	14,663,000 -6.43%	15,670,000 14.58%	13,676,000 11.68%
Cost of revenue	7,258,000	8,012,000	6,033,000
Unusual Expense (Income)
NOPBT	7,405,000	7,658,000	7,643,000
NOPBT Margin	50.50%	48.87%	55.89%
Operating Taxes	487,000	498,000	190,000
Tax Rate	6.58%	6.50%	2.49%
NOPAT	6,918,000	7,160,000	7,453,000
Net income	2,519,000 51.75%	1,660,000 23.33%	1,346,000 22.25%
Dividends	(1,096,000)	(1,089,000)	(1,030,000)
Dividend yield	3.45%	3.21%	3.46%
Proceeds from repurchase of equity	(1,000,000)	57,000	3,257,000
BB yield	3.15%	-0.17%	-10.93%
Debt
Debt current	2,654,000	3,792,000	2,041,000
Long-term debt	22,901,000	20,726,000	24,151,000
Deferred revenue	2,000
Other long-term liabilities	8,286,000	(7,641,000)	7,159,000
Net debt	23,319,000	22,854,000	24,347,000
Cash flow
Cash from operating activities	2,156,000	3,935,000	2,733,000
CAPEX	(4,494,000)	(4,168,000)	(3,953,000)
Cash from investing activities	(1,003,000)	(4,565,000)	(3,484,000)
Cash from financing activities	(1,488,000)	1,014,000	461,000
FCF	443,000	12,010,000	4,889,000
Balance
Cash	1,189,000	1,282,000	992,000
Long term investments	1,047,000	382,000	853,000
Excess cash	1,502,850	880,500	1,161,200
Stockholders' equity	13,314,000	12,246,000	11,786,000
Invested Capital	52,951,150	52,897,500	51,591,800
ROIC	13.07%	13.70%	14.62%
ROCE	11.84%	12.47%	12.82%
EV
Common stock shares outstanding	349,300	355,800	349,400
Price	90.97 -4.55%	95.31 11.71%	85.32 18.06%
Market cap	31,775,821 -6.30%	33,911,298 13.76%	29,810,808 22.88%
EV	55,094,821	56,967,298	54,456,808
EBITDA	9,436,000	9,714,000	9,675,000
EV/EBITDA	5.84	5.86	5.63
Interest	1,023,000	951,000	919,000
Interest/NOPBT	13.81%	12.42%	12.02%