Consolidated Edison (ED) Financials

$111.79 -0.46 (-0.41%)

Closing price 03:59 PM Eastern

Extended Trading

$111.82 +0.03 (+0.03%)

As of 04:28 PM Eastern

Annual Income Statements for Consolidated Edison

This table shows Consolidated Edison's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	1,193	1,245	1,525	1,382	1,343	1,101	1,346	1,660	2,519	1,820
Consolidated Net Income / (Loss)	1,193	1,245	1,525	1,382	1,440	1,144	1,193	1,600	2,516	1,820
Net Income / (Loss) Continuing Operations	1,193	1,245	1,525	1,382	1,440	1,144	1,193	1,600	2,516	1,820
Total Pre-Tax Income	1,798	1,943	1,997	1,783	1,736	1,234	1,383	2,098	3,003	2,138
Total Operating Income	2,427	2,780	2,774	2,664	2,676	2,654	2,826	2,624	3,196	2,670
Total Gross Profit	8,838	5,923	6,269	6,237	6,766	7,149	7,668	7,685	7,405	8,167
Total Revenue	12,554	12,075	12,033	12,337	12,574	12,246	13,676	15,670	14,663	15,256
Operating Revenue	11,170	12,075	12,033	12,337	12,574	12,246	13,676	15,670	14,663	15,256
Total Cost of Revenue	3,716	6,152	5,764	6,100	5,808	5,097	6,008	7,985	7,258	7,089
Operating Cost of Revenue	3,716	6,152	5,764	6,100	5,808	5,097	6,008	7,985	7,258	7,089
Total Operating Expenses	6,411	3,143	3,496	3,573	4,090	4,495	4,842	5,061	4,209	5,497
Depreciation Expense	1,130	1,216	1,341	1,438	1,684	1,920	2,032	2,056	2,031	2,155
Other Operating Expenses / (Income)	5,281	2,031	2,155	2,266	2,406	2,575	2,810	3,005	2,178	3,342
Total Other Income / (Expense), net	-624	-837	-776	-881	-940	-1,420	-1,443	-526	-193	-532
Interest Expense	656	696	729	819	991	1,019	905	852	1,023	1,187
Interest & Investment Income	10	85	122	131	110	-197	-399	39	88	100
Other Income / (Expense), net	22	-226	-169	-193	-59	-204	-139	287	742	555
Income Tax Expense	605	698	472	401	296	90	190	498	487	318
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	0.00	0.00	97	43	-153	-60	-3.00	0.00
Basic Earnings per Share	$4.07	$4.15	$4.97	$4.43	$4.09	$3.29	$3.86	$4.68	$7.25	$5.26
Weighted Average Basic Shares Outstanding	293M	300.40M	307.10M	311.70M	328.50M	334.80M	348.40M	354.50M	347.70M	346M
Diluted Earnings per Share	$4.05	$4.12	$4.94	$4.42	$4.08	$3.28	$3.85	$4.66	$7.21	$5.24
Weighted Average Diluted Shares Outstanding	294.40M	301.90M	308.80M	312.90M	329.50M	335.70M	349.40M	355.80M	349.30M	347.30M
Weighted Average Basic & Diluted Shares Outstanding	293.10M	300M	306.80M	321.08M	333.78M	342.42M	354.09M	355.05M	345.51M	346.71M
Cash Dividends to Common per Share	$2.60	$2.68	$2.76	$2.86	$2.96	$3.06	$3.10	$3.16	$3.24	$3.32

This table shows Consolidated Edison's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	613	190	1,433	226	526	334	720	202	588	310
Consolidated Net Income / (Loss)	619	173	1,430	226	526	334	720	202	588	310
Net Income / (Loss) Continuing Operations	619	173	1,430	226	526	334	720	202	588	310
Total Pre-Tax Income	779	341	1,673	255	670	405	904	192	721	321
Total Operating Income	889	549	1,739	284	722	451	1,011	320	862	477
Total Gross Profit	2,191	1,769	2,148	1,483	2,036	1,738	2,388	1,614	2,269	1,896
Total Revenue	4,165	4,030	4,403	2,944	3,872	3,444	4,280	3,220	4,092	3,664
Operating Revenue	4,165	4,030	4,403	2,944	3,872	3,444	4,280	3,220	4,092	3,664
Total Cost of Revenue	1,974	2,261	2,255	1,461	1,836	1,706	1,892	1,606	1,823	1,768
Operating Cost of Revenue	1,974	2,261	2,255	1,461	1,836	1,706	1,892	1,606	1,823	1,768
Total Operating Expenses	1,302	1,220	409	1,199	1,314	1,287	1,377	1,294	1,407	1,419
Depreciation Expense	525	463	499	496	512	524	539	512	550	554
Other Operating Expenses / (Income)	777	757	765	716	801	-104	808	782	857	895
Total Other Income / (Expense), net	-110	-208	-66	-29	-52	-46	-107	-128	-141	-156
Interest Expense	199	266	262	236	259	266	289	288	306	304
Interest & Investment Income	9.00	10	14	14	15	45	29	21	25	25
Other Income / (Expense), net	80	48	182	193	192	175	153	139	140	123
Income Tax Expense	160	168	243	29	144	71	184	-10	133	11
Basic Earnings per Share	$1.73	$0.53	$4.06	$0.65	$1.53	$1.01	$2.08	$0.58	$1.70	$0.90
Weighted Average Basic Shares Outstanding	354.60M	354.50M	352.90M	345.90M	345M	347.70M	345.50M	345.90M	346.20M	346M
Diluted Earnings per Share	$1.72	$0.52	$4.05	$0.65	$1.52	$0.99	$2.08	$0.58	$1.69	$0.89
Weighted Average Diluted Shares Outstanding	355.90M	355.80M	354.20M	347.40M	346.50M	349.30M	346.80M	347.10M	347.50M	347.30M
Weighted Average Basic & Diluted Shares Outstanding	354.86M	355.05M	346.54M	344.92M	345.22M	345.51M	345.83M	346.15M	346.41M	346.71M

This table details how cash moves in and out of Consolidated Edison's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	249	-146	14	162	211	219	-290	384	-335	138
Net Cash From Operating Activities	3,277	3,459	3,367	2,695	3,134	2,198	2,733	3,935	2,156	3,614
Net Cash From Continuing Operating Activities	954	3,459	3,367	2,695	3,128	2,198	2,733	3,935	2,156	3,614
Net Income / (Loss) Continuing Operations	0.00	1,245	1,525	1,382	1,440	1,144	1,193	1,600	2,516	1,820
Consolidated Net Income / (Loss)	-	1,245	1,525	1,382	1,440	1,144	1,193	1,600	2,516	1,820
Depreciation Expense	-	1,216	1,341	1,438	1,684	1,920	2,032	2,056	2,031	2,155
Amortization Expense	-52	-210	-124	-117	-116	-	-16	73	92	201
Non-Cash Adjustments To Reconcile Net Income	728	790	-483	-282	6.00	-27	232	-98	-948	-14
Changes in Operating Assets and Liabilities, net	278	418	1,108	274	114	-839	-708	304	-1,535	-548
Net Cash From Investing Activities	-3,657	-4,950	-3,710	-5,471	-3,782	-4,224	-3,484	-4,565	-1,003	-5,273
Net Cash From Continuing Investing Activities	-3,657	-4,950	-3,710	-5,471	-3,782	-4,224	-3,484	-4,565	-1,003	-5,273
Purchase of Property, Plant & Equipment	-3,353	-4,304	-90	-267	-215	-27	-	-344	-141	-1.00
Divestitures	-	-	-	-	0.00	0.00	812	0.00	3,927	0.00
Other Investing Activities, net	-304	-1,020	-3,654	-3,721	-3,759	-4,197	-4,296	-4,221	-4,789	-5,272
Net Cash From Financing Activities	629	1,345	357	2,938	859	2,245	461	1,014	-1,488	1,797
Net Cash From Continuing Financing Activities	629	1,345	357	2,938	859	2,245	461	1,014	-1,488	1,797
Repayment of Debt	-515	-759	-930	-1,999	-1,227	-565	-2,000	-419	-1,492	-520
Repurchase of Common Equity	-	-	-	-	-	-	0.00	0.00	-1,000	0.00
Payment of Dividends	-733	-764	-804	-840	-936	-991	-1,053	-1,126	-1,100	-1,100
Issuance of Debt	1,876	2,115	1,697	5,019	2,143	3,103	2,422	2,502	2,048	3,357
Issuance of Common Equity	1.00	753	394	758	879	698	1,092	57	56	60
Cash Interest Paid	597	664	725	805	876	920	924	900	987	1,072
Cash Income Taxes Paid	-36	-180	-29	-	-26	38	9.00	47	397	7.00

This table details how cash moves in and out of Consolidated Edison's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-999	1,289	-756	1,182	-1,410	649	-1,020	1,332	-1,405	1,231
Net Cash From Operating Activities	661	1,317	92	1,072	17	975	573	1,339	392	1,310
Net Cash From Continuing Operating Activities	661	1,317	92	1,072	17	975	573	1,339	392	1,310
Net Income / (Loss) Continuing Operations	619	173	1,430	225	527	334	720	202	588	310
Consolidated Net Income / (Loss)	619	173	1,430	225	527	334	720	202	588	310
Depreciation Expense	525	463	499	495	512	525	539	512	550	554
Amortization Expense	-	18	22	22	23	25	49	66	59	27
Non-Cash Adjustments To Reconcile Net Income	213	-402	-1,082	-54	295	-107	203	40	154	-411
Changes in Operating Assets and Liabilities, net	-751	1,065	-777	384	-1,340	198	-938	519	-959	830
Net Cash From Investing Activities	-1,228	-1,219	2,618	-1,166	-1,100	-1,355	-1,344	-1,278	-1,267	-1,384
Net Cash From Continuing Investing Activities	-1,228	-1,219	2,618	-1,166	-1,100	-1,355	-1,344	-1,278	-1,267	-1,384
Purchase of Property, Plant & Equipment	-2,867	2,548	-1,050	-1,047	-1,000	2,956	-1,237	-1,159	-1,137	3,532
Other Investing Activities, net	1,639	-3,767	-259	-119	-100	-4,311	-107	-119	-130	-4,916
Net Cash From Financing Activities	-432	1,191	-3,466	1,276	-327	1,029	-249	1,271	-530	1,305
Net Cash From Continuing Financing Activities	-432	1,191	-3,466	1,276	-327	1,029	-249	1,271	-530	1,305
Repayment of Debt	-13	-36	-64	-	-1.00	-1,427	-1.00	-22	-2.00	-495
Payment of Dividends	-280	-286	-288	-278	-267	-267	-274	-275	-275	-276
Issuance of Debt	-153	1,499	-2,129	1,542	-73	2,708	11	1,553	-268	2,061
Issuance of Common Equity	14	14	15	12	14	15	15	15	15	15
Cash Interest Paid	104	317	156	344	124	363	135	385	137	415
Cash Income Taxes Paid	11	17	10	211	139	37	3.00	1.00	2.00	1.00

This table presents Consolidated Edison's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	45,642	48,255	48,111	53,920	58,079	62,895	63,116	69,065	66,331	70,562
Total Current Assets	3,836	3,406	3,537	3,864	4,272	5,301	5,551	12,972	6,537	6,664
Cash & Equivalents	944	776	797	895	981	1,272	992	1,282	1,189	1,324
Accounts Receivable	1,716	1,748	1,861	2,066	2,019	1,979	2,241	3,058	3,584	3,580
Inventories, net	350	339	334	358	352	356	437	492	469	485
Prepaid Expenses	177	159	178	187	260	271	295	264	470	445
Current Deferred & Refundable Income Taxes	166	79	76	49	20	26	13	10	1.00	145
Other Current Assets	326	251	244	198	404	1,233	1,419	704	661	552
Other Current Nonoperating Assets	157	-	-	-	-	-	0.00	7,162	163	133
Plant, Property, & Equipment, net	32,209	35,216	37,600	41,749	43,889	46,555	48,596	46,766	49,608	52,165
Plant, Property & Equipment, gross	40,253	43,757	46,663	47,518	50,382	57,743	60,773	59,835	63,765	67,549
Accumulated Depreciation	8,044	8,541	9,063	9,769	10,322	11,188	12,177	13,069	14,157	15,384
Total Noncurrent Assets	9,597	9,633	6,974	8,307	9,662	11,039	8,969	9,327	10,186	11,733
Long-Term Investments	884	1,921	2,001	1,766	2,065	1,816	853	841	999	1,126
Goodwill	429	428	428	440	446	446	439	408	408	408
Employee Benefit Assets	-	-	-	-	-	-	1,654	3,269	3,275	3,791
Other Noncurrent Operating Assets	8,282	7,160	4,414	4,447	5,594	7,317	4,730	4,809	5,504	6,408
Total Liabilities & Shareholders' Equity	45,642	48,255	48,111	53,920	58,079	62,895	63,116	69,065	66,331	70,562
Total Liabilities	32,581	33,949	32,686	37,081	39,866	43,830	42,780	48,176	45,173	48,600
Total Current Liabilities	4,720	3,843	4,902	6,207	6,287	7,354	5,427	11,336	6,462	6,433
Short-Term Debt	2,268	1,093	1,875	3,216	3,138	3,837	1,928	3,689	2,538	2,670
Accounts Payable	1,008	1,147	1,286	1,187	1,164	1,475	1,497	1,955	1,775	1,676
Customer Deposits	354	352	346	351	346	311	300	358	396	412
Current Deferred & Payable Income Tax Liabilities	62	64	108	61	76	150	104	102	73	70
Current Employee Benefit Liabilities	287	535	640	736	749	636	536	506	569	574
Other Current Liabilities	516	502	504	527	674	796	911	963	865	753
Other Current Nonoperating Liabilities	225	150	143	129	153	149	151	3,763	246	278
Total Noncurrent Liabilities	27,861	30,106	27,784	30,874	33,579	36,476	37,353	36,840	38,711	42,167
Long-Term Debt	12,006	14,735	14,731	17,495	18,527	20,382	22,604	20,147	21,927	24,651
Capital Lease Obligations	-	-	-	-	809	-	-	476	429	386
Asset Retirement Reserve & Litigation Obligation	2,984	2,904	5,628	5,870	5,986	5,946	5,898	7,524	6,968	6,934
Noncurrent Deferred Revenue	199	215	296	299	279	234	257	281	417	494
Noncurrent Deferred & Payable Income Tax Liabilities	9,537	10,205	5,495	5,820	6,227	6,475	6,873	7,641	8,069	8,874
Noncurrent Employee Benefit Liabilities	2,911	1,847	1,443	1,228	1,516	2,257	737	577	592	551
Other Noncurrent Operating Liabilities	224	200	191	162	235	1,182	984	194	309	277
Commitments & Contingencies	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	13,061	14,306	15,425	16,839	18,213	19,065	20,336	20,889	21,158	21,962
Total Preferred & Common Equity	13,052	14,298	15,418	16,726	18,022	18,847	20,037	20,687	21,158	21,962
Total Common Equity	13,052	14,298	15,418	16,726	18,022	18,847	20,037	20,687	21,158	21,962
Common Stock	13,052	14,298	15,418	16,726	18,022	18,847	20,037	20,687	21,158	21,962

This table presents Consolidated Edison's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Total Assets	65,763	69,065	62,804	63,771	64,405	66,331	66,680	67,920	68,645	70,562
Total Current Assets	5,733	12,972	5,868	6,203	5,939	6,537	6,166	6,487	6,080	6,664
Cash & Equivalents	78	1,282	771	1,955	539	1,189	169	1,500	93	1,324
Accounts Receivable	3,044	3,058	2,990	2,659	3,013	3,584	3,688	3,344	3,411	3,580
Inventories, net	533	492	431	434	455	469	442	451	472	485
Prepaid Expenses	913	264	833	326	1,110	470	1,023	438	1,371	445
Current Deferred & Refundable Income Taxes	9.00	10	10	7.00	3.00	1.00	-	-	-	145
Other Current Assets	993	704	671	661	655	661	680	589	566	552
Other Current Nonoperating Assets	-	7,162	162	161	163	163	164	165	167	133
Plant, Property, & Equipment, net	50,392	46,766	47,290	47,927	48,535	49,608	49,854	50,625	51,357	52,165
Plant, Property & Equipment, gross	63,223	59,835	60,663	61,569	62,400	63,765	64,630	65,648	66,523	67,549
Accumulated Depreciation	12,831	13,069	13,373	13,642	13,865	14,157	14,776	15,023	15,166	15,384
Total Noncurrent Assets	9,638	9,327	9,646	9,641	9,931	10,186	10,660	10,808	11,208	11,733
Long-Term Investments	805	841	905	942	933	999	1,041	1,081	1,136	1,126
Goodwill	439	408	407	408	408	408	408	408	408	408
Employee Benefit Assets	2,188	3,269	3,214	3,299	3,384	3,275	3,267	3,353	3,440	3,791
Other Noncurrent Operating Assets	4,984	4,809	5,120	4,992	5,206	5,504	5,944	5,966	6,224	6,408
Total Liabilities & Shareholders' Equity	65,763	69,065	62,804	63,771	64,405	66,331	66,680	67,920	68,645	70,562
Total Liabilities	44,787	48,176	41,961	42,966	43,327	45,173	45,065	46,360	46,747	48,600
Total Current Liabilities	6,890	11,336	4,895	6,072	6,050	6,462	6,244	6,216	6,027	6,433
Short-Term Debt	2,814	3,689	1,061	2,602	2,530	2,538	2,549	2,702	2,309	2,670
Accounts Payable	1,587	1,955	1,363	1,320	1,306	1,775	1,439	1,496	1,472	1,676
Customer Deposits	345	358	371	385	401	396	411	422	434	412
Current Deferred & Payable Income Tax Liabilities	94	102	339	238	85	73	63	62	63	70
Current Employee Benefit Liabilities	540	506	523	553	563	569	533	578	582	574
Other Current Liabilities	1,233	963	890	739	806	865	874	688	757	753
Other Current Nonoperating Liabilities	277	3,763	348	235	359	246	375	268	410	278
Total Noncurrent Liabilities	37,897	36,840	37,066	36,894	37,277	38,711	38,821	40,144	40,720	42,167
Long-Term Debt	22,350	20,147	20,645	20,648	20,650	21,927	21,929	23,311	23,438	24,651
Capital Lease Obligations	772	476	-	472	477	429	430	430	430	386
Asset Retirement Reserve & Litigation Obligation	6,231	7,524	7,035	6,983	6,910	6,968	6,813	6,712	6,676	6,934
Noncurrent Deferred Revenue	262	281	298	298	360	417	401	408	450	494
Noncurrent Deferred & Payable Income Tax Liabilities	7,387	7,641	7,652	7,632	7,992	8,069	8,338	8,389	8,793	8,874
Noncurrent Employee Benefit Liabilities	688	577	651	653	638	592	633	635	628	551
Other Noncurrent Operating Liabilities	207	194	785	208	250	309	277	259	305	277
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	20,976	20,889	20,843	20,805	21,078	21,158	21,615	21,560	21,898	21,962
Total Preferred & Common Equity	20,748	20,687	20,843	20,805	21,078	21,158	21,615	21,560	21,898	21,962
Total Common Equity	20,748	20,687	20,843	20,805	21,078	21,158	21,615	21,560	21,898	21,962
Common Stock	20,748	20,687	20,843	20,805	21,078	21,158	21,615	21,560	21,898	21,962

This table displays calculated financial ratios and metrics derived from Consolidated Edison's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.83%	-3.82%	-0.35%	2.53%	1.92%	-2.61%	11.68%	14.58%	-6.43%	4.04%
EBITDA Growth	3.50%	48.52%	7.36%	-0.78%	10.36%	4.42%	7.62%	7.17%	20.26%	-7.92%
EBIT Growth	11.57%	4.29%	2.00%	-5.14%	5.91%	-6.38%	9.67%	8.34%	35.28%	-18.11%
NOPAT Growth	10.82%	10.62%	18.92%	-2.53%	7.50%	10.84%	-0.92%	-17.91%	33.81%	-15.12%
Net Income Growth	9.25%	4.36%	22.49%	-9.38%	4.20%	-20.56%	4.28%	34.12%	57.25%	-27.66%
EPS Growth	9.16%	1.73%	19.90%	-10.53%	-7.69%	-19.61%	17.38%	21.04%	54.72%	-27.32%
Operating Cash Flow Growth	15.75%	5.55%	-2.66%	-19.96%	16.29%	-29.87%	24.34%	43.98%	-45.21%	67.63%
Free Cash Flow Firm Growth	-83.29%	-230.54%	282.45%	-1,189.84%	95.38%	-165.94%	7.03%	1,431.40%	-129.77%	28.06%
Invested Capital Growth	6.12%	7.66%	6.52%	19.02%	6.82%	7.76%	7.07%	-7.77%	10.76%	7.78%
Revenue Q/Q Growth	7.53%	30.03%	2.15%	-33.36%	96.19%	0.07%	3.44%	4.09%	-3.84%	1.46%
EBITDA Q/Q Growth	-54.98%	625.07%	4.34%	-13.97%	21.87%	0.21%	4.42%	-0.79%	1.64%	0.09%
EBIT Q/Q Growth	-54.06%	603.75%	4.20%	-20.80%	36.02%	-4.30%	7.44%	-1.85%	0.74%	-0.80%
NOPAT Q/Q Growth	-54.56%	583.45%	15.53%	-28.29%	31.15%	5.92%	1.37%	-13.25%	1.45%	3.58%
Net Income Q/Q Growth	8.45%	2.47%	24.39%	-30.45%	40.21%	-18.81%	13.08%	-0.81%	6.84%	-1.30%
EPS Q/Q Growth	8.58%	1.98%	23.50%	-11.25%	-4.00%	-19.01%	15.27%	-2.31%	6.97%	-1.87%
Operating Cash Flow Q/Q Growth	1.52%	-34.38%	0.51%	-1.64%	2.59%	-13.53%	7.51%	8.13%	-13.69%	10.22%
Free Cash Flow Firm Q/Q Growth	-94.16%	90.52%	6,042.22%	-1,093.40%	95.65%	-36.97%	47.01%	559.26%	-129.87%	20.37%
Invested Capital Q/Q Growth	-0.06%	1.65%	1.39%	10.99%	1.13%	1.70%	0.81%	-14.01%	1.13%	0.58%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	70.40%	49.05%	52.10%	50.56%	53.81%	58.38%	56.07%	49.04%	50.50%	53.53%
EBITDA Margin	19.09%	29.48%	31.76%	30.74%	33.28%	35.69%	34.39%	32.16%	41.34%	36.58%
Operating Margin	19.33%	23.02%	23.05%	21.59%	21.28%	21.67%	20.66%	16.75%	21.80%	17.50%
EBIT Margin	19.51%	21.15%	21.65%	20.03%	20.81%	20.01%	19.65%	18.58%	26.86%	21.14%
Profit (Net Income) Margin	9.50%	10.31%	12.67%	11.20%	11.45%	9.34%	8.72%	10.21%	17.16%	11.93%
Tax Burden Percent	66.35%	64.08%	76.36%	77.51%	82.95%	92.71%	86.26%	76.26%	83.78%	85.13%
Interest Burden Percent	73.42%	76.08%	76.66%	72.16%	66.34%	50.37%	51.47%	72.07%	76.26%	66.29%
Effective Tax Rate	33.65%	35.92%	23.64%	22.49%	17.05%	7.29%	13.74%	23.74%	16.22%	14.87%
Return on Invested Capital (ROIC)	6.48%	6.71%	7.45%	6.43%	6.15%	6.35%	5.86%	4.84%	6.40%	4.98%
ROIC Less NNEP Spread (ROIC-NNEP)	3.01%	2.54%	3.08%	2.16%	1.95%	-0.20%	0.18%	2.91%	5.63%	3.10%
Return on Net Nonoperating Assets (RNNOA)	2.82%	2.39%	2.81%	2.14%	2.07%	-0.21%	0.20%	2.92%	5.56%	3.46%
Return on Equity (ROE)	9.30%	9.10%	10.26%	8.57%	8.22%	6.14%	6.06%	7.76%	11.97%	8.44%
Cash Return on Invested Capital (CROIC)	0.54%	-0.67%	1.13%	-10.94%	-0.45%	-1.11%	-0.96%	12.92%	-3.80%	-2.51%
Operating Return on Assets (OROA)	5.46%	5.44%	5.41%	4.84%	4.67%	4.05%	4.26%	4.40%	5.82%	4.71%
Return on Assets (ROA)	2.66%	2.65%	3.17%	2.71%	2.57%	1.89%	1.89%	2.42%	3.72%	2.66%
Return on Common Equity (ROCE)	9.30%	9.09%	10.25%	8.54%	8.15%	6.07%	5.98%	7.67%	11.91%	8.44%
Return on Equity Simple (ROE_SIMPLE)	9.14%	8.71%	9.89%	8.26%	7.99%	6.07%	5.95%	7.73%	11.89%	8.29%
Net Operating Profit after Tax (NOPAT)	1,610	1,781	2,118	2,065	2,220	2,460	2,438	2,001	2,678	2,273
NOPAT Margin	12.83%	14.75%	17.60%	16.74%	17.65%	20.09%	17.83%	12.77%	18.26%	14.90%
Net Nonoperating Expense Percent (NNEP)	3.47%	4.17%	4.37%	4.27%	4.20%	6.55%	5.68%	1.93%	0.78%	1.88%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	4.43%	5.81%	4.58%
Cost of Revenue to Revenue	29.60%	50.95%	47.90%	49.44%	46.19%	41.62%	43.93%	50.96%	49.50%	46.47%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	51.07%	26.03%	29.05%	28.96%	32.53%	36.71%	35.41%	32.30%	28.70%	36.03%
Earnings before Interest and Taxes (EBIT)	2,449	2,554	2,605	2,471	2,617	2,450	2,687	2,911	3,938	3,225
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,397	3,560	3,822	3,792	4,185	4,370	4,703	5,040	6,061	5,581
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.05	1.19	1.33	1.15	1.40	1.12	1.37	1.51	1.42	1.40
Price to Tangible Book Value (P/TBV)	1.09	1.23	1.38	1.32	1.58	1.25	1.50	1.54	1.45	1.42
Price to Revenue (P/Rev)	1.09	1.40	1.71	1.56	2.01	1.72	2.00	1.99	2.05	2.01
Price to Earnings (P/E)	11.50	13.61	13.49	13.96	18.80	19.17	20.37	18.83	11.94	16.83
Dividend Yield	5.56%	4.82%	4.16%	4.62%	3.90%	4.85%	4.00%	3.59%	3.72%	3.75%
Earnings Yield	8.70%	7.35%	7.41%	7.16%	5.32%	5.22%	4.91%	5.31%	8.38%	5.94%
Enterprise Value to Invested Capital (EV/IC)	1.02	1.09	1.17	1.07	1.20	1.05	1.17	1.35	1.20	1.18
Enterprise Value to Revenue (EV/Rev)	2.08	2.49	2.85	3.03	3.55	3.45	3.67	3.42	3.60	3.66
Enterprise Value to EBITDA (EV/EBITDA)	10.92	8.44	8.99	9.85	10.66	9.68	10.68	10.64	8.71	10.01
Enterprise Value to EBIT (EV/EBIT)	10.69	11.76	13.18	15.11	17.05	17.26	18.70	18.43	13.40	17.33
Enterprise Value to NOPAT (EV/NOPAT)	16.25	16.86	16.21	18.09	20.10	17.19	20.61	26.81	19.71	24.59
Enterprise Value to Operating Cash Flow (EV/OCF)	7.99	8.68	10.20	13.86	14.24	19.24	18.39	13.63	24.48	15.47
Enterprise Value to Free Cash Flow (EV/FCFF)	193.36	0.00	106.54	0.00	0.00	0.00	0.00	10.04	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.09	1.11	1.08	1.23	1.23	1.27	1.21	1.16	1.18	1.26
Long-Term Debt to Equity	0.92	1.03	0.96	1.04	1.06	1.07	1.11	0.99	1.06	1.14
Financial Leverage	0.94	0.94	0.91	0.99	1.06	1.08	1.11	1.01	0.99	1.12
Leverage Ratio	3.50	3.43	3.24	3.16	3.20	3.25	3.20	3.21	3.22	3.17
Compound Leverage Factor	2.57	2.61	2.48	2.28	2.12	1.63	1.65	2.31	2.46	2.10
Debt to Total Capital	52.22%	52.53%	51.84%	55.16%	55.24%	55.95%	54.68%	53.79%	54.06%	55.78%
Short-Term Debt to Total Capital	8.30%	3.63%	5.85%	8.56%	7.71%	8.86%	4.30%	8.16%	5.51%	5.38%
Long-Term Debt to Total Capital	43.92%	48.90%	45.99%	46.59%	47.52%	47.09%	50.38%	45.63%	48.55%	50.41%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.03%	0.03%	0.02%	0.30%	0.47%	0.50%	0.67%	0.45%	0.00%	0.00%
Common Equity to Total Capital	47.75%	47.45%	48.13%	44.54%	44.29%	43.54%	44.66%	45.77%	45.94%	44.22%
Debt to EBITDA	5.95	4.45	4.34	5.46	5.37	5.54	5.22	4.82	4.11	4.96
Net Debt to EBITDA	5.19	3.67	3.60	4.73	4.59	4.80	4.79	4.40	3.75	4.53
Long-Term Debt to EBITDA	5.01	4.14	3.85	4.61	4.62	4.66	4.81	4.09	3.69	4.49
Debt to NOPAT	8.86	8.89	7.84	10.03	10.12	9.84	10.06	12.15	9.30	12.19
Net Debt to NOPAT	7.73	7.34	6.50	8.69	8.65	8.52	9.24	11.09	8.48	11.11
Long-Term Debt to NOPAT	7.46	8.27	6.95	8.47	8.71	8.28	9.27	10.31	8.35	11.02
Altman Z-Score	0.68	0.71	0.77	0.64	0.70	0.57	0.74	0.78	0.82	0.75
Noncontrolling Interest Sharing Ratio	0.07%	0.06%	0.05%	0.37%	0.87%	1.10%	1.31%	1.22%	0.48%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.81	0.89	0.72	0.62	0.68	0.72	1.02	1.14	1.01	1.04
Quick Ratio	0.56	0.66	0.54	0.48	0.48	0.44	0.60	0.38	0.74	0.76
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	135	-177	322	-3,513	-162	-432	-401	5,342	-1,590	-1,144
Operating Cash Flow to CapEx	97.73%	85.37%	6,012.50%	1,028.63%	13,626.09%	8,140.74%	0.00%	1,143.90%	1,529.08%	361,400.00%
Free Cash Flow to Firm to Interest Expense	0.21	-0.25	0.44	-4.29	-0.16	-0.42	-0.44	6.27	-1.55	-0.96
Operating Cash Flow to Interest Expense	5.00	4.97	4.62	3.29	3.16	2.16	3.02	4.62	2.11	3.04
Operating Cash Flow Less CapEx to Interest Expense	-0.12	-0.85	4.54	2.97	3.14	2.13	3.02	4.21	1.97	3.04
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.28	0.26	0.25	0.24	0.22	0.20	0.22	0.24	0.22	0.22
Accounts Receivable Turnover	7.07	6.97	6.67	6.28	6.16	6.13	6.48	5.91	4.42	4.26
Inventory Turnover	10.29	17.86	17.13	17.63	16.36	14.40	15.15	17.19	15.11	14.86
Fixed Asset Turnover	0.40	0.36	0.33	0.31	0.29	0.27	0.29	0.33	0.30	0.30
Accounts Payable Turnover	3.64	5.71	4.74	4.93	4.94	3.86	4.04	4.63	3.89	4.11
Days Sales Outstanding (DSO)	51.61	52.35	54.74	58.09	59.29	59.58	56.31	61.71	82.67	85.70
Days Inventory Outstanding (DIO)	35.46	20.44	21.31	20.70	22.31	25.35	24.09	21.23	24.16	24.56
Days Payable Outstanding (DPO)	100.34	63.93	77.03	73.99	73.87	94.49	90.28	78.90	93.79	88.84
Cash Conversion Cycle (CCC)	-13.27	8.87	-0.99	4.81	7.73	-9.56	-9.88	4.05	13.04	21.42
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	25,575	27,533	29,329	34,907	37,289	40,181	43,020	39,679	43,947	47,364
Invested Capital Turnover	0.51	0.45	0.42	0.38	0.35	0.32	0.33	0.38	0.35	0.33
Increase / (Decrease) in Invested Capital	1,475	1,958	1,796	5,578	2,382	2,892	2,839	-3,341	4,268	3,417
Enterprise Value (EV)	26,171	30,035	34,344	37,349	44,626	42,292	50,249	53,647	52,772	55,893
Market Capitalization	13,716	16,950	20,576	19,297	25,243	21,107	27,417	31,256	30,066	30,636
Book Value per Share	$44.52	$46.92	$49.72	$53.71	$54.21	$56.28	$56.64	$58.30	$61.29	$63.40
Tangible Book Value per Share	$43.05	$45.11	$47.92	$46.98	$48.19	$50.59	$51.75	$57.15	$60.11	$62.22
Total Capital	27,335	30,134	32,031	37,550	40,687	43,284	44,868	45,201	46,052	49,669
Total Debt	14,274	15,828	16,606	20,711	22,474	24,219	24,532	24,312	24,894	27,707
Total Long-Term Debt	12,006	14,735	14,731	17,495	19,336	20,382	22,604	20,623	22,356	25,037
Net Debt	12,446	13,077	13,761	17,939	19,192	20,967	22,533	22,189	22,706	25,257
Capital Expenditures (CapEx)	3,353	4,052	56	262	23	27	0.00	344	141	1.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	440	-174	-334	-133	-94	348	906	4,043	1,424	1,577
Debt-free Net Working Capital (DFNWC)	1,384	656	510	873	1,123	1,784	2,052	5,325	2,613	2,901
Net Working Capital (NWC)	-884	-437	-1,365	-2,343	-2,015	-2,053	124	1,636	75	231
Net Nonoperating Expense (NNE)	417	536	593	683	780	1,316	1,245	401	162	453
Net Nonoperating Obligations (NNO)	12,514	13,227	13,904	18,068	19,076	21,116	22,684	18,790	22,789	25,402
Total Depreciation and Amortization (D&A)	-52	1,006	1,217	1,321	1,568	1,920	2,016	2,129	2,123	2,356
Debt-free, Cash-free Net Working Capital to Revenue	3.50%	-1.44%	-2.78%	-1.08%	-0.75%	2.84%	6.62%	25.80%	9.71%	10.34%
Debt-free Net Working Capital to Revenue	11.02%	5.43%	4.24%	7.08%	8.93%	14.57%	15.00%	33.98%	17.82%	19.02%
Net Working Capital to Revenue	-7.04%	-3.62%	-11.34%	-18.99%	-16.03%	-16.76%	0.91%	10.44%	0.51%	1.51%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.07	$4.15	$4.97	$4.43	$4.09	$3.29	$3.86	$4.68	$7.25	$5.26
Adjusted Weighted Average Basic Shares Outstanding	293M	300.40M	307.10M	311.70M	328.50M	334.80M	348.40M	354.50M	347.70M	346M
Adjusted Diluted Earnings per Share	$4.05	$4.12	$4.94	$4.42	$4.08	$3.28	$3.85	$4.66	$7.21	$5.24
Adjusted Weighted Average Diluted Shares Outstanding	294.40M	301.90M	308.80M	312.90M	329.50M	335.70M	349.40M	355.80M	349.30M	347.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	293.59M	305.06M	310.40M	321.08M	333.78M	342.42M	354.09M	355.05M	345.51M	346.71M
Normalized Net Operating Profit after Tax (NOPAT)	1,610	1,715	2,118	1,963	2,220	2,460	2,438	2,001	2,678	2,273
Normalized NOPAT Margin	12.83%	14.20%	17.60%	15.91%	17.65%	20.09%	17.83%	12.77%	18.26%	14.90%
Pre Tax Income Margin	14.32%	16.09%	16.60%	14.45%	13.81%	10.08%	10.11%	13.39%	20.48%	14.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.73	3.67	3.57	3.02	2.64	2.40	2.97	3.42	3.85	2.72
NOPAT to Interest Expense	2.45	2.56	2.91	2.52	2.24	2.41	2.69	2.35	2.62	1.91
EBIT Less CapEx to Interest Expense	-1.38	-2.15	3.50	2.70	2.62	2.38	2.97	3.01	3.71	2.72
NOPAT Less CapEx to Interest Expense	-2.66	-3.26	2.83	2.20	2.22	2.39	2.69	1.95	2.48	1.91
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	61.44%	61.37%	52.72%	60.78%	65.00%	86.63%	88.26%	70.38%	43.72%	60.44%
Augmented Payout Ratio	61.44%	61.37%	52.72%	60.78%	65.00%	86.63%	88.26%	70.38%	83.47%	60.44%

This table displays calculated financial ratios and metrics derived from Consolidated Edison's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.28%	18.01%	8.45%	-13.79%	-7.03%	-14.54%	-2.79%	9.38%	5.68%	6.39%
EBITDA Growth	12.42%	-8.10%	73.44%	-1.09%	-3.01%	9.09%	-28.26%	4.33%	11.18%	0.43%
EBIT Growth	18.46%	-8.44%	118.54%	2.36%	-5.68%	4.86%	-39.41%	-3.77%	9.63%	-4.15%
NOPAT Growth	5.61%	-60.95%	137.41%	-30.61%	-19.76%	33.54%	-45.83%	33.76%	24.02%	23.85%
Net Income Growth	31.98%	-6.99%	158.12%	-11.02%	-15.02%	93.06%	-49.65%	-10.62%	11.79%	-7.19%
EPS Growth	13.16%	-17.46%	138.24%	-9.72%	-11.63%	90.38%	-48.64%	-10.77%	11.18%	-10.10%
Operating Cash Flow Growth	107.21%	28.99%	-80.55%	-27.76%	-97.43%	-25.97%	522.83%	24.91%	2,205.88%	34.36%
Free Cash Flow Firm Growth	-10.85%	270.28%	391.49%	209.49%	217.67%	-207.64%	-168.39%	-202.91%	-190.04%	24.12%
Invested Capital Growth	8.13%	-7.77%	-8.60%	-6.99%	-5.82%	10.76%	10.87%	9.16%	8.36%	7.78%
Revenue Q/Q Growth	21.96%	-3.24%	9.26%	-33.14%	31.52%	-11.05%	24.27%	-24.77%	27.08%	-10.46%
EBITDA Q/Q Growth	48.66%	-27.84%	126.53%	-59.30%	45.77%	-18.84%	48.98%	-40.81%	55.35%	-26.69%
EBIT Q/Q Growth	107.94%	-38.39%	221.78%	-75.17%	91.61%	-31.51%	85.94%	-60.57%	118.30%	-40.12%
NOPAT Q/Q Growth	94.75%	-60.57%	433.67%	-83.07%	125.20%	-34.38%	116.49%	-58.19%	108.81%	-34.47%
Net Income Q/Q Growth	143.70%	-72.05%	726.59%	-84.20%	132.74%	-36.50%	115.57%	-71.94%	191.09%	-47.28%
EPS Q/Q Growth	138.89%	-69.77%	678.85%	-83.95%	133.85%	-34.87%	110.10%	-72.12%	191.38%	-47.34%
Operating Cash Flow Q/Q Growth	-55.46%	99.24%	-93.01%	1,065.22%	-98.41%	5,635.29%	-41.23%	133.68%	-70.72%	234.18%
Free Cash Flow Firm Q/Q Growth	10.63%	230.97%	47.85%	-36.73%	-3.95%	-219.81%	6.06%	4.79%	15.97%	-0.97%
Invested Capital Q/Q Growth	2.91%	-14.01%	3.48%	1.57%	4.21%	1.13%	3.59%	0.00%	3.44%	0.58%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	52.61%	43.90%	48.78%	50.37%	52.58%	50.46%	55.79%	50.12%	55.45%	51.75%
EBITDA Margin	35.87%	26.75%	55.46%	33.76%	37.42%	34.15%	40.93%	32.21%	39.37%	32.23%
Operating Margin	21.34%	13.62%	39.50%	9.65%	18.65%	13.10%	23.62%	9.94%	21.07%	13.02%
EBIT Margin	23.27%	14.81%	43.63%	16.20%	23.61%	18.18%	27.20%	14.25%	24.49%	16.38%
Profit (Net Income) Margin	14.86%	4.29%	32.48%	7.68%	13.58%	9.70%	16.82%	6.27%	14.37%	8.46%
Tax Burden Percent	79.46%	50.73%	85.48%	88.63%	78.51%	82.47%	79.65%	105.21%	81.55%	96.57%
Interest Burden Percent	80.39%	57.12%	87.09%	53.46%	73.30%	64.70%	77.66%	41.83%	71.96%	53.50%
Effective Tax Rate	20.54%	49.27%	14.52%	11.37%	21.49%	17.53%	20.35%	-5.21%	18.45%	3.43%
Return on Invested Capital (ROIC)	5.75%	2.62%	12.57%	3.07%	4.98%	3.79%	6.32%	3.55%	5.71%	4.20%
ROIC Less NNEP Spread (ROIC-NNEP)	5.38%	2.11%	12.32%	2.96%	4.81%	3.60%	5.93%	2.95%	5.22%	3.58%
Return on Net Nonoperating Assets (RNNOA)	6.18%	2.12%	13.23%	3.22%	5.44%	3.56%	6.17%	3.13%	5.78%	4.00%
Return on Equity (ROE)	11.93%	4.74%	25.80%	6.29%	10.42%	7.35%	12.48%	6.68%	11.49%	8.20%
Cash Return on Invested Capital (CROIC)	-2.62%	12.92%	15.69%	13.67%	11.88%	-3.80%	-5.71%	-4.05%	-3.17%	-2.51%
Operating Return on Assets (OROA)	5.44%	3.51%	11.04%	3.91%	5.53%	3.94%	6.11%	3.21%	5.53%	3.65%
Return on Assets (ROA)	3.48%	1.02%	8.22%	1.85%	3.18%	2.10%	3.78%	1.41%	3.25%	1.89%
Return on Common Equity (ROCE)	11.76%	4.68%	25.65%	6.26%	10.37%	7.32%	12.48%	6.68%	11.49%	8.20%
Return on Equity Simple (ROE_SIMPLE)	7.77%	0.00%	11.88%	11.77%	11.17%	0.00%	8.36%	8.27%	8.42%	0.00%
Net Operating Profit after Tax (NOPAT)	706	279	1,486	252	567	372	805	337	703	461
NOPAT Margin	16.96%	6.91%	33.76%	8.55%	14.64%	10.80%	18.81%	10.46%	17.18%	12.57%
Net Nonoperating Expense Percent (NNEP)	0.37%	0.51%	0.25%	0.11%	0.17%	0.18%	0.39%	0.60%	0.48%	0.63%
Return On Investment Capital (ROIC_SIMPLE)	-	0.62%	-	-	-	0.81%	-	-	-	0.93%
Cost of Revenue to Revenue	47.40%	56.10%	51.22%	49.63%	47.42%	49.54%	44.21%	49.88%	44.55%	48.25%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	31.26%	30.27%	9.29%	40.73%	33.94%	37.37%	32.17%	40.19%	34.38%	38.73%
Earnings before Interest and Taxes (EBIT)	969	597	1,921	477	914	626	1,164	459	1,002	600
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,494	1,078	2,442	994	1,449	1,176	1,752	1,037	1,611	1,181
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.37	1.51	1.55	1.44	1.35	1.42	1.43	1.42	1.65	1.40
Price to Tangible Book Value (P/TBV)	1.49	1.54	1.58	1.47	1.38	1.45	1.45	1.45	1.68	1.42
Price to Revenue (P/Rev)	1.88	1.99	2.01	1.93	1.87	2.05	2.12	2.07	2.40	2.01
Price to Earnings (P/E)	16.73	18.83	12.94	12.17	11.99	11.94	17.07	17.21	19.55	16.83
Dividend Yield	3.93%	3.59%	3.50%	3.70%	3.90%	3.72%	3.65%	3.70%	3.17%	3.75%
Earnings Yield	5.98%	5.31%	7.73%	8.22%	8.34%	8.38%	5.86%	5.81%	5.12%	5.94%
Enterprise Value to Invested Capital (EV/IC)	1.16	1.35	1.27	1.22	1.17	1.20	1.20	1.20	1.30	1.18
Enterprise Value to Revenue (EV/Rev)	3.55	3.42	3.26	3.27	3.32	3.60	3.75	3.68	4.06	3.66
Enterprise Value to EBITDA (EV/EBITDA)	10.52	10.64	8.74	8.54	8.50	8.71	10.15	10.07	10.94	10.01
Enterprise Value to EBIT (EV/EBIT)	18.03	18.43	13.22	12.81	12.96	13.40	17.14	17.24	18.76	17.33
Enterprise Value to NOPAT (EV/NOPAT)	23.18	26.81	18.14	18.27	19.19	19.71	27.33	26.53	27.80	24.59
Enterprise Value to Operating Cash Flow (EV/OCF)	14.69	13.63	14.70	16.17	20.28	24.48	20.68	18.78	18.60	15.47
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	10.04	7.75	8.59	9.52	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.24	1.16	1.04	1.14	1.12	1.18	1.15	1.23	1.20	1.26
Long-Term Debt to Equity	1.10	0.99	0.99	1.02	1.00	1.06	1.03	1.10	1.09	1.14
Financial Leverage	1.15	1.01	1.07	1.09	1.13	0.99	1.04	1.06	1.11	1.12
Leverage Ratio	3.11	3.21	3.05	3.11	3.10	3.22	3.05	3.11	3.10	3.17
Compound Leverage Factor	2.50	1.83	2.66	1.66	2.27	2.08	2.37	1.30	2.23	1.70
Debt to Total Capital	55.29%	53.79%	51.01%	53.28%	52.88%	54.06%	53.54%	55.09%	54.45%	55.78%
Short-Term Debt to Total Capital	6.00%	8.16%	2.49%	5.84%	5.66%	5.51%	5.48%	5.63%	4.80%	5.38%
Long-Term Debt to Total Capital	49.29%	45.63%	48.52%	47.43%	47.23%	48.55%	48.06%	49.46%	49.65%	50.41%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.49%	0.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	44.23%	45.77%	48.99%	46.72%	47.12%	45.94%	46.46%	44.91%	45.55%	44.22%
Debt to EBITDA	5.11	4.82	3.63	3.99	3.97	4.11	4.64	4.88	4.69	4.96
Net Debt to EBITDA	4.90	4.40	3.35	3.50	3.72	3.75	4.41	4.41	4.47	4.53
Long-Term Debt to EBITDA	4.55	4.09	3.45	3.55	3.54	3.69	4.16	4.39	4.28	4.49
Debt to NOPAT	11.24	12.15	7.54	8.53	8.96	9.30	12.48	12.87	11.93	12.19
Net Debt to NOPAT	10.79	11.09	6.95	7.49	8.40	8.48	11.88	11.61	11.37	11.11
Long-Term Debt to NOPAT	10.02	10.31	7.17	7.60	8.00	8.35	11.21	11.55	10.88	11.02
Altman Z-Score	0.64	0.67	0.84	0.69	0.68	0.65	0.68	0.64	0.73	0.63
Noncontrolling Interest Sharing Ratio	1.37%	1.22%	0.59%	0.56%	0.54%	0.48%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.83	1.14	1.20	1.02	0.98	1.01	0.99	1.04	1.01	1.04
Quick Ratio	0.45	0.38	0.77	0.76	0.59	0.74	0.62	0.78	0.58	0.76
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2,764	3,620	5,351	3,386	3,252	-3,896	-3,660	-3,484	-2,928	-2,956
Operating Cash Flow to CapEx	23.06%	0.00%	8.76%	102.39%	1.70%	0.00%	46.32%	115.53%	34.48%	0.00%
Free Cash Flow to Firm to Interest Expense	-13.89	13.61	20.43	14.35	12.56	-14.65	-12.66	-12.10	-9.57	-9.72
Operating Cash Flow to Interest Expense	3.32	4.95	0.35	4.54	0.07	3.67	1.98	4.65	1.28	4.31
Operating Cash Flow Less CapEx to Interest Expense	-11.09	14.53	-3.66	0.11	-3.80	14.78	-2.30	0.63	-2.43	15.93
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.23	0.24	0.25	0.24	0.23	0.22	0.22	0.23	0.23	0.22
Accounts Receivable Turnover	5.75	5.91	5.34	5.47	5.04	4.42	4.35	4.94	4.68	4.26
Inventory Turnover	15.38	17.19	19.79	18.01	15.82	15.11	15.80	15.91	15.16	14.86
Fixed Asset Turnover	0.31	0.33	0.33	0.32	0.31	0.30	0.30	0.30	0.30	0.30
Accounts Payable Turnover	4.88	4.63	6.19	5.55	5.40	3.89	4.92	5.00	5.06	4.11
Days Sales Outstanding (DSO)	63.51	61.71	68.38	66.78	72.49	82.67	83.82	73.94	77.97	85.70
Days Inventory Outstanding (DIO)	23.73	21.23	18.45	20.27	23.08	24.16	23.11	22.94	24.08	24.56
Days Payable Outstanding (DPO)	74.82	78.90	59.01	65.81	67.58	93.79	74.16	73.00	72.15	88.84
Cash Conversion Cycle (CCC)	12.42	4.05	27.82	21.24	27.99	13.04	32.76	23.89	29.90	21.42
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	46,143	39,679	41,059	41,704	43,458	43,947	45,524	45,525	47,089	47,364
Invested Capital Turnover	0.34	0.38	0.37	0.36	0.34	0.35	0.34	0.34	0.33	0.33
Increase / (Decrease) in Invested Capital	3,470	-3,341	-3,865	-3,134	-2,685	4,268	4,465	3,821	3,631	3,417
Enterprise Value (EV)	53,464	53,647	52,256	50,793	50,663	52,772	54,527	54,534	60,992	55,893
Market Capitalization	28,346	31,256	32,226	29,968	28,479	30,066	30,829	30,672	36,044	30,636
Book Value per Share	$58.51	$58.30	$58.71	$60.04	$61.11	$61.29	$62.56	$62.34	$63.26	$63.40
Tangible Book Value per Share	$53.83	$57.15	$57.56	$58.86	$59.93	$60.11	$61.38	$61.16	$62.08	$62.22
Total Capital	46,912	45,201	42,549	44,527	44,735	46,052	46,523	48,003	48,075	49,669
Total Debt	25,936	24,312	21,706	23,722	23,657	24,894	24,908	26,443	26,177	27,707
Total Long-Term Debt	23,122	20,623	20,645	21,120	21,127	22,356	22,359	23,741	23,868	25,037
Net Debt	24,890	22,189	20,030	20,825	22,184	22,706	23,698	23,862	24,948	25,257
Capital Expenditures (CapEx)	2,867	-2,548	1,050	1,047	1,000	-2,956	1,237	1,159	1,137	-3,532
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,416	4,043	1,263	778	1,879	1,424	2,302	1,473	2,269	1,577
Debt-free Net Working Capital (DFNWC)	1,657	5,325	2,034	2,733	2,419	2,613	2,471	2,973	2,362	2,901
Net Working Capital (NWC)	-1,157	1,636	973	131	-111	75	-78	271	53	231
Net Nonoperating Expense (NNE)	87	106	56	26	41	38	85	135	115	151
Net Nonoperating Obligations (NNO)	25,167	18,790	20,216	20,899	22,380	22,789	23,909	23,965	25,191	25,402
Total Depreciation and Amortization (D&A)	525	481	521	517	535	550	588	578	609	581
Debt-free, Cash-free Net Working Capital to Revenue	9.41%	25.80%	7.89%	5.01%	12.32%	9.71%	15.83%	9.94%	15.09%	10.34%
Debt-free Net Working Capital to Revenue	11.01%	33.98%	12.70%	17.58%	15.86%	17.82%	16.99%	20.07%	15.71%	19.02%
Net Working Capital to Revenue	-7.69%	10.44%	6.08%	0.84%	-0.73%	0.51%	-0.54%	1.83%	0.35%	1.51%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.73	$0.53	$4.06	$0.65	$1.53	$1.01	$2.08	$0.58	$1.70	$0.90
Adjusted Weighted Average Basic Shares Outstanding	354.60M	354.50M	352.90M	345.90M	345M	347.70M	345.50M	345.90M	346.20M	346M
Adjusted Diluted Earnings per Share	$1.72	$0.52	$4.05	$0.65	$1.52	$0.99	$2.08	$0.58	$1.69	$0.89
Adjusted Weighted Average Diluted Shares Outstanding	355.90M	355.80M	354.20M	347.40M	346.50M	349.30M	346.80M	347.10M	347.50M	347.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	354.86M	355.05M	346.54M	344.92M	345.22M	345.51M	345.83M	346.15M	346.41M	346.71M
Normalized Net Operating Profit after Tax (NOPAT)	706	279	756	240	568	372	829	224	703	461
Normalized NOPAT Margin	16.96%	6.91%	17.16%	8.16%	14.66%	10.80%	19.37%	6.96%	17.18%	12.57%
Pre Tax Income Margin	18.70%	8.46%	38.00%	8.66%	17.30%	11.76%	21.12%	5.96%	17.62%	8.76%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.87	2.24	7.33	2.02	3.53	2.35	4.03	1.59	3.27	1.97
NOPAT to Interest Expense	3.55	1.05	5.67	1.07	2.19	1.40	2.79	1.17	2.30	1.52
EBIT Less CapEx to Interest Expense	-9.54	11.82	3.32	-2.42	-0.33	13.47	-0.25	-2.43	-0.44	13.59
NOPAT Less CapEx to Interest Expense	-10.86	10.63	1.67	-3.37	-1.67	12.51	-1.49	-2.86	-1.42	13.13
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	68.82%	70.38%	45.72%	46.24%	47.52%	43.72%	60.13%	60.77%	59.16%	60.44%
Augmented Payout Ratio	68.82%	70.38%	86.11%	87.09%	89.98%	83.47%	60.13%	60.77%	59.16%	60.44%

Frequently Asked Questions About Consolidated Edison's Financials

When does Consolidated Edison's fiscal year end?

According to the most recent income statement we have on file, Consolidated Edison's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Consolidated Edison's net income changed over the last 9 years?

Consolidated Edison's net income appears to be on an upward trend, with a most recent value of $1.82 billion in 2024, rising from $1.19 billion in 2015. The previous period was $2.52 billion in 2023.

What is Consolidated Edison's operating income?

Consolidated Edison's total operating income in 2024 was $2.67 billion, based on the following breakdown:

Total Gross Profit: $8.17 billion
Total Operating Expenses: $5.50 billion

How has Consolidated Edison revenue changed over the last 9 years?

Over the last 9 years, Consolidated Edison's total revenue changed from $12.55 billion in 2015 to $15.26 billion in 2024, a change of 21.5%.

How much debt does Consolidated Edison have?

Consolidated Edison's total liabilities were at $48.60 billion at the end of 2024, a 7.6% increase from 2023, and a 49.2% increase since 2015.

How much cash does Consolidated Edison have?

In the past 9 years, Consolidated Edison's cash and equivalents has ranged from $776 million in 2016 to $1.32 billion in 2024, and is currently $1.32 billion as of their latest financial filing in 2024.

How has Consolidated Edison's book value per share changed over the last 9 years?

Over the last 9 years, Consolidated Edison's book value per share changed from 44.52 in 2015 to 63.40 in 2024, a change of 42.4%.

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This page (NYSE:ED) was last updated on 4/15/2025 by MarketBeat.com Staff

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Consolidated Edison (ED) Financials

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Consolidated Edison (ED) Financials

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