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Consolidated Edison Inc Stock Research

ED

86.63USD-1.20(-1.37%)Market Closed
Watchlist

Market Summary

USD86.63-1.20
Market Closed
-1.37%

ED Alerts

  • Big fall in Revenue (Y/Y)

ED Stock Price

ED RSI Chart

ED Valuation

Market Cap

30.0B

Price/Earnings (Trailing)

12.19

Price/Sales (Trailing)

1.93

EV/EBITDA

4.67

Price/Free Cashflow

9.54

ED Price/Sales (Trailing)

ED Profitability

EBT Margin

19.13%

Return on Equity

11.95%

Return on Assets

3.96%

Free Cashflow Yield

10.49%

ED Fundamentals

ED Revenue

Revenue (TTM)

15.5B

Revenue Y/Y

-13.79%

Revenue Q/Q

-33.14%

ED Earnings

Earnings (TTM)

2.5B

Earnings Y/Y

-11.37%

Earnings Q/Q

-84.2%

Price Action

52 Week Range

77.41100.92
(Low)(High)

Last 7 days

-5.3%

Last 30 days

-3.4%

Last 90 days

-3.3%

Trailing 12 Months

-3.7%

ED Financial Health

Current Ratio

1.2

Debt/Equity

1.12

Debt/Cashflow

0.15

ED Investor Care

Dividend Yield

3.71%

Dividend/Share (TTM)

3.21

Buy Backs (1Y)

2.37%

Diluted EPS (TTM)

6.95

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for ED

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-15
Miller Joseph
bought
91.495
92.14
0.993
vp & controller
2023-08-31
Donnley Deneen L
bought
2,313
88.96
26.004
svp and general counsel
2023-08-31
Ho Christina
bought
2,222
88.96
24.98
vp, strategic planning
2023-08-31
Cawley Timothy
bought
2,315
88.96
26.029
chairman, president & ceo
2023-08-31
Nachmias Stuart
bought
666
88.96
7.494
president & ceo cet
2023-08-31
Shannon Nancy
bought
888
88.96
9.992
svp, utility shared services
2023-08-31
Ketschke Matthew
bought
111
88.96
1.249
president cecony
2023-08-31
Miller Joseph
bought
222
88.96
2.498
vp & controller
2023-08-31
Sanchez Robert
bought
2,311
88.96
25.979
president & ceo, o&r
2023-08-31
HOGLUND ROBERT N
bought
2,314
88.96
26.021
svp & cfo

1–10 of 50

Which funds bought or sold ED recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
DecisionPoint Financial, LLC
unchanged
-
-2,635
45,200
0.02%
2023-09-26
M Holdings Securities, Inc.
sold off
-100
-1,729,000
-
-%
2023-09-21
Baystate Wealth Management LLC
added
366
157,005
203,181
0.02%
2023-09-20
BARCLAYS PLC
added
80.59
40,383,000
97,553,000
0.06%
2023-09-19
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
unchanged
-
-37,074
635,964
0.27%
2023-09-13
CGC Financial Services, LLC
new
-
30,103
30,103
0.02%
2023-09-12
Farther Finance Advisors, LLC
added
2.54
-2,460
76,659
0.02%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
reduced
-30.07
-4,641
9,040
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
91,846
91,846
-%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
-1,054
18,080
0.02%

1–10 of 48

Latest Funds Activity

Are funds buying ED calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ED
No. of Funds

Schedule 13G FIlings of Consolidated Edison

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
12.22%
43,349,680
SC 13G/A
Feb 03, 2023
state street corp
7.89%
28,009,544
SC 13G/A
Jan 30, 2023
blackrock inc.
12.9%
45,851,229
SC 13G/A
Feb 10, 2022
state street corp
7.78%
27,514,717
SC 13G/A
Feb 09, 2022
vanguard group inc
9.99%
35,340,540
SC 13G/A
Jan 27, 2022
blackrock inc.
12.8%
45,413,132
SC 13G/A
Jan 26, 2022
blackrock inc.
12.8%
45,413,132
SC 13G/A
Feb 10, 2021
vanguard group inc
8.74%
29,884,610
SC 13G/A
Feb 08, 2021
state street corp
6.54%
22,381,107
SC 13G
Jan 27, 2021
blackrock inc.
10.9%
37,296,050
SC 13G/A

Recent SEC filings of Consolidated Edison

View All Filings
Date Filed Form Type Document
Sep 18, 2023
4
Insider Trading
Sep 07, 2023
4
Insider Trading
Sep 07, 2023
4
Insider Trading
Sep 07, 2023
4
Insider Trading
Sep 07, 2023
4
Insider Trading
Sep 07, 2023
4
Insider Trading
Sep 07, 2023
4
Insider Trading
Sep 07, 2023
4
Insider Trading
Sep 07, 2023
4
Insider Trading
Sep 07, 2023
4
Insider Trading

ED Fair Value

Loading...

Peers (Alternatives to Consolidated Edison)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
30.0B
15.5B
-3.43% -3.71%
12.19
1.93
7.17% 56.52%
28.8B
11.6B
-5.36% -2.79%
10.35
2.48
23.95% 380.81%
25.4B
9.3B
-5.49% -13.63%
30.12
2.74
3.28% 5.19%
20.0B
8.2B
-5.24% -9.28%
17.84
2.45
17.43% 10.55%
15.6B
8.1B
-6.09% -12.19%
21.09
1.91
1.11% -44.47%
10.4B
5.9B
-5.34% -5.38%
14.82
1.78
7.85% -2.88%
MID-CAP
4.9B
9.5B
1.43% -28.68%
-3.54
0.52
-1.58% -202.58%
3.4B
2.6B
-6.96% -25.01%
14.21
1.33
15.42% -7.80%
2.9B
1.5B
-4.90% -2.38%
16.64
1.94
8.24% 0.19%
2.5B
1.7B
-3.46% -15.99%
17.13
1.42
9.61% -2.55%
1.9B
641.5M
-8.73% 5.77%
21.85
3.01
10.61% 68.66%
SMALL-CAP
706.1M
595.3M
-7.45% -9.72%
16.31
1.19
12.45% 5.87%
383.0M
361.4M
-4.06% 61.32%
5.89
1.06
16.69% -15.66%
1.2M
167.5M
-13.28% -15.57%
0.03
0.01
11.84% -6.17%

Consolidated Edison News

Nasdaq
SPDR S&P Dividend ETF Experiences Big Outflow.
Nasdaq,
14 hours ago
InvestorsObserver

Returns for ED

Cumulative Returns on ED

8.4%


10-Year Cumulative Returns

5.1%


7-Year Cumulative Returns

5.9%


5-Year Cumulative Returns

7.6%


3-Year Cumulative Returns

Risks for ED

What is the probability of a big loss on ED?

21.5%


Probability that Consolidated Edison stock will be more than 20% underwater in next one year

0%


Probability that Consolidated Edison stock will be more than 30% underwater in next one year.

0%


Probability that Consolidated Edison stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ED drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Consolidated Edison was unfortunately bought at previous high price.

Drawdowns

Financials for Consolidated Edison

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-2.9%15,54316,01415,67015,05514,50314,05913,67613,22112,94112,68912,24612,23712,26912,29412,57412,57212,53512,48712,33712,34912,232
Operating Expenses-2.7%12,94913,30413,04612,28311,77011,29510,85010,58610,2969,9839,5929,5259,5509,5969,8989,9359,9399,9239,8049,7579,552
EBITDA-100.0%-6,0225,0064,8754,7124,5674,3204,0514,0404,1044,1734,5184,4914,3924,411------
EBITDA Margin-100.0%-0.38*0.32*0.32*0.34*0.32*0.32*0.31*0.31*0.32*0.34*0.37*0.37*0.36*0.35*------
Interest Expenses3.3%9639328528228559119058918858711,0191,0141,0501,022991945878849819765753
Earnings Before Taxes-0.5%3,0483,0642,0981,9391,7561,5921,3831,1571,1821,2861,2341,6451,6431,6301,7361,7721,7631,7911,7831,7591,876
EBT Margin-100.0%-0.19*0.13*0.13*0.13*0.11*0.10*0.09*0.09*0.10*0.10*0.13*0.13*0.13*0.14*------
Net Income-1.2%2,4592,4881,6601,6461,5711,4341,3461,1191,0741,1581,1011,3821,3621,3391,3431,4281,3901,3991,3821,5561,578
Net Income Margin-100.0%-0.16*0.11*0.11*0.12*0.11*0.10*0.09*0.09*0.09*0.09*0.11*0.11*0.11*0.11*------
Free Cashflow-100.0%-3,5543,9353,6393,2972,9172,7332,5422,411-3,124-3,001-2,657-2,423-2,117-2,065------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.5%63,77162,80469,06565,76365,07263,73763,11662,93862,91962,29962,89559,59559,08159,15958,07955,94055,60255,06653,92049,54449,064
  Current Assets5.7%6,2035,86812,9725,7336,0165,4625,5515,0965,1104,5875,3014,2044,5645,0264,2723,5813,7073,7813,8643,3563,436
    Cash Equivalents153.6%1,9557711,28278.001,1271081,14666.001,06776.001,4361531,1441,3951,21778.008314061,006199866
  Net PPE1.3%47,92747,29046,76650,39249,66049,01848,59647,94747,33947,06946,55545,56444,89744,43543,88943,23442,74542,15241,74939,38338,767
  Goodwill0.2%408407408439439439439446446446446446446446446446440440440439428
  Current Liabilities24.0%6,0724,89511,3366,8906,8235,4155,4275,2555,5576,5597,3547,1606,7056,3116,2876,2195,9696,3486,2075,4015,456
  Short Term Borrowings---400-------165-------825--
  Long Term Debt---23,441---23,044---22,349---19,973---18,145--
    LT Debt, Current---1,002---440---1,967-1,9652,0931,4461,9141,9722,0296501,1281,815
    LT Debt, Non Current0.0%20,64820,64520,14722,35022,36122,58322,60421,84121,66620,61420,38219,20619,14919,42318,52717,53717,49616,93317,49515,48015,225
Shareholder's Equity-0.2%20,80520,84320,68720,74820,62120,62320,33620,37720,05319,28219,06518,71118,44118,46718,21318,13417,86517,50116,83915,89815,655
Accumulated Depreciation0%23.0023.0023.0073123.0023.00626590555555522489456423391357329296275248233
Shares Outstanding-2.0%346353355355354354354353345342342335334334333332328323321311311
Minority Interest---20222823424529934031024921821721620619117515613211311.007.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-11.6%3,1423,5543,9353,6393,2972,9172,7332,5422,4112,0752,1982,5422,7763,0823,1343,0553,1933,0162,6952,7402,833
Cashflow From Investing0%-995-995-4,565-4,393-3,602-3,340-3,484-3,677-4,292-4,352-4,224-3,882-3,838-3,862-3,782-5,408-5,481-5,450-5,471-4,072-3,845
Cashflow From Financing27.8%-1,431-1,9821,0147803674634611,0361,7148602,2451,4011,4371,8808592,3612,3372,2252,9381,4671,091
  Dividend Payments0.9%1,1071,0971,0891,0741,0671,0531,0301,012995985975965956941924901877859842834825
  Buy Backs0%2,0002,0001,000------------------

ED Income Statement

2023-06-30
CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
OPERATING REVENUES      
TOTAL OPERATING REVENUES$ 2,944 $ 3,415 $ 7,347$ 7,475
OPERATING EXPENSES      
Depreciation and amortization496 539 9941,068
Taxes, other than income taxes716 718 1,4821,471
TOTAL OPERATING EXPENSES2,673 3,028 6,1926,290
Gain on sale of the Clean Energy Businesses13 0 8670
OPERATING INCOME284 387 2,0221,185
OTHER INCOME (DEDUCTIONS)      
Investment income8 5 1610
Other income210 113 414196
Allowance for equity funds used during construction6 5 1310
Other deductions(17) (34) (39)(35)
TOTAL OTHER INCOME207 89 404181
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE491 476 2,4261,366
INTEREST EXPENSE (INCOME)      
Interest on long-term debt234 242 485482
Other interest expense (income)14 (32) 39(87)
Allowance for borrowed funds used during construction(12) (5) (25)(8)
NET INTEREST EXPENSE236 205 499387
INCOME BEFORE INCOME TAX EXPENSE255 271 1,927979
INCOME TAX EXPENSE29 17 272171
NET INCOME226$ 1,430254$ 5541,655808
Loss attributable to non-controlling interest0 (1) (3)(49)
NET INCOME$ 226 $ 255 $ 1,658$ 857
Net income per common share - basic (dollars per share)$ 0.65 $ 0.72 $ 4.74$ 2.42
Net income per common share - diluted (dollars per share)$ 0.65 $ 0.72 $ 4.72$ 2.41
AVERAGE NUMBER OF SHARES OUTSTANDING-BASIC (shares)345.9 354.3 349.8354.2
AVERAGE NUMBER OF SHARES OUTSTANDING—DILUTED (shares)347.4 355.5 351.3355.3
Electric      
OPERATING REVENUES      
TOTAL OPERATING REVENUES$ 2,303 $ 2,416 $ 4,840$ 4,666
Gas      
OPERATING REVENUES      
TOTAL OPERATING REVENUES571 643 2,0011,893
OPERATING EXPENSES      
Operating costs99 205 567649
Steam      
OPERATING REVENUES      
TOTAL OPERATING REVENUES69 84 375386
Non-utility      
OPERATING REVENUES      
TOTAL OPERATING REVENUES1 272 131530
Purchased power      
OPERATING EXPENSES      
Operating costs495 633 1,1981,120
Fuel      
OPERATING EXPENSES      
Operating costs18 52 207196
Other operations and maintenance      
OPERATING EXPENSES      
Operating costs$ 849 $ 881 $ 1,744$ 1,786

ED Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and temporary cash investments$ 1,955$ 1,282
Accounts receivable – customers, net allowance for uncollectible accounts1,6842,192
Other receivables, net allowance for uncollectible accounts470164
Taxes receivable710
Accrued unbilled revenue505702
Fuel oil, gas in storage, materials and supplies, at average cost434492
Prepayments326264
Regulatory assets190305
Revenue decoupling mechanism receivable270164
Fair value of derivative assets6859
Assets held for sale1617,162
Other current assets133176
TOTAL CURRENT ASSETS6,20312,972
INVESTMENTS942841
UTILITY PLANT, AT ORIGINAL COST  
General4,3504,205
TOTAL59,02657,337
Less: Accumulated depreciation13,64213,069
Net45,38444,268
Construction work in progress2,5292,484
NET UTILITY PLANT47,91346,752
NON-UTILITY PLANT  
Non-utility property, net accumulated depreciation1313
Construction work in progress11
NET PLANT47,92746,766
OTHER NONCURRENT ASSETS  
Goodwill408408
Regulatory assets4,2243,974
Pension and retiree benefits3,2993,269
Operating lease right-of-use asset548568
Fair value of derivative assets3085
Other deferred charges and noncurrent assets190182
TOTAL OTHER NONCURRENT ASSETS8,6998,486
TOTAL ASSETS63,77169,065
CURRENT LIABILITIES  
Long-term debt due within one year649649
Term loan0400
Notes payable1,9532,640
Accounts payable1,3201,955
Customer deposits385358
Accrued taxes238102
Accrued interest160153
Accrued wages119116
Fair value of derivative liabilities8542
Regulatory liabilities154374
System benefit charge434390
Operating lease liabilities112103
Liabilities held for sale753,610
Other current liabilities388444
TOTAL CURRENT LIABILITIES6,07211,336
NONCURRENT LIABILITIES  
Provision for injuries and damages177181
Pensions and retiree benefits653577
Superfund and other environmental costs994997
Asset retirement obligations508500
Fair value of derivative liabilities3113
Deferred income taxes and unamortized investment tax credits7,6327,641
Operating lease liabilities472476
Regulatory liabilities5,4816,027
Other deferred credits and noncurrent liabilities298281
TOTAL NONCURRENT LIABILITIES16,24616,693
LONG-TERM DEBT20,64820,147
COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Note B, Note G, and Note H)
EQUITY  
Common shareholders’ equity20,80520,687
Noncontrolling interest0202
TOTAL EQUITY (See Statement of Equity)20,80520,889
TOTAL LIABILITIES AND EQUITY63,77169,065
Electric  
UTILITY PLANT, AT ORIGINAL COST  
Utility plant, at original cost37,91236,819
Gas  
UTILITY PLANT, AT ORIGINAL COST  
Utility plant, at original cost13,77913,378
Steam  
UTILITY PLANT, AT ORIGINAL COST  
Utility plant, at original cost$ 2,985$ 2,935
Timothy P. Cawley
13900
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.