Consolidated Edison Inc (ED)
Utilities · Multi-Utilities · US stock · S&P 500 component
$112.26
▲ +2.40 (2.18%)
Fair valueFair
$150 +33.5% to fair value
$75fair band $105–$195$225
Day's range
$109.80 – $112.51
52-week range
$92.43 – $114.33
About Consolidated Edison Inc
Consolidated Edison is a regulated utility holding company whose principal subsidiary, Con Edison of New York, delivers electricity, natural gas and steam to customers in New York City and parts of Westchester County. It also owns an Orange and Rockland utility and some clean energy investments. Most revenue comes from regulated delivery rates set by state commissions, which allow it to recover costs and earn an approved return.
The company pays a dividend with a yield of 3.1%. Looking at the numbers, trailing revenue is $17.4 billion, and it expanded at 2.9% a year across three years. Operating margin is 17.2%, while return on invested capital is 8%. Leverage, measured as net debt to EBITDA, is 0.3 times. Taken together, these figures give an X-Ray Score of 69 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $92.43 – $114.33Volume 2,208,100Daily, split-adjusted
Vitals
Market cap$40.9B
52-week range$92.43 – $114.33
Volume (last day)2,208,100
P/E (TTM)302.9
EBIT / EV yield7.0%
Free-cash-flow yield–
Dividend yield3.1%
Revenue (TTM)$17.4B
Net income (TTM)$134M
Operating margin17.2%
Return on capital8.5%
Debt incl. leases$1.7B
Cash & securities$147M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$150model spread $129 – $150
Fair
+33.5% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $112
Undervalued < $105Fair $105 – $195Overvalued > $195
10-year DCF (market-scaled)
$258
Peer multiples
$94
Earnings power floor (not blended)
$116
Fundamentals-adjusted multiple
$98
Growth the price implies
0.5%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Strong business at a fair price
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Utilities peers. Open a lens to see the numbers behind it.
Valuation
Strong
85/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield7.0%
Fair value vs price1.3×
Growth
Fair
53/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)2.9%
EPS growth (3y)6.6%
Growth consistency80%
Profitability
Strong
71/100
Earns high returns on the capital it uses.
See the numbers →
Return on invested capital8.5%
Operating margin17.2%
Financial health
Strong
73/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA0.3×
Interest cover2.4×
Dividends
Weak
45/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield3.1%
Dividend growth2.3%
Quarterly results: last 6 quarters
+7.2%
Dec '24
+14.2%
Mar '25
+10.0%
Jun '25
+8.1%
Sep '25
+7.4%
Dec '25
+7.0%
Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $5.2B, diluted EPS $2.54.
Compare with peers
AEE Ameren Corp58 NI Nisource Inc.55 DTB Dte Energy Co55 D Dominion Energy, Inc48Other Multi-Utilities companies by X-Ray Score.
Fundamentals checklist
● 7 Good · ● 5 Average · ● 1 BadCash quality
Earnings backed by cashGood
Risk models
Altman Z''Good
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Average
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioGood
Net debt / EBITDAGood
Interest coverAverage
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginBad
Each check is graded against the company's sector, not a fixed number. Checklist score 70/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $13.7B | $15.7B | $14.7B | $15.5B | $17.0B |
| Operating income | $2.8B | $2.6B | $3.2B | $2.7B | $2.9B |
| Net income | $1M | $2M | $3M | $2M | $2M |
| Operating cash flow | $2.7B | $3.9B | $2.2B | $3.6B | $4.8B |
| Operating margin | 20.7% | 16.7% | 21.8% | 17.3% | 17.2% |
| Free cash flow | −$1.2B | −$530M | – | – | – |
| Diluted EPS | $3.85 | $4.66 | $7.21 | $5.24 | $5.64 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
12 bullish · 0 neutral · 4 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 107.2 | Bullish |
| EMA 10 | 107.9 | Bullish |
| SMA 20 | 105.2 | Bullish |
| EMA 20 | 106.7 | Bullish |
| SMA 50 | 106.3 | Bullish |
| EMA 50 | 106.6 | Bullish |
| SMA 100 | 107.4 | Bullish |
| EMA 100 | 106.8 | Bullish |
| SMA 200 | 107.1 | Bullish |
| EMA 200 | 105.7 | Bullish |
Oscillators (daily)
| RSI (14) | 74.67 | Bearish |
| MACD (12, 26) | 1.06 | Bullish |
| Momentum (12) | 9.83 | Bullish |
| Stochastic %K (14) | 97.62 | Bearish |
| Williams %R (14) | -2.38 | Bearish |
| CCI (20) | 208.7 | Bearish |
Pivot points (classic, last session)
S3 107.8 | S2 108.8 | S1 110.5 | Pivot 111.5 | R1 113.2 | R2 114.2 | R3 116.0 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
3.51 USD
Yield on today's price
3.13%
Frequency
Quarterly
Next ex-dividend date
18 Nov 2026
| Ex-dividend date | Amount per share |
|---|---|
| 18 Nov 2026 (upcoming) | 0.8875 |
| 19 Aug 2026 | 0.8880 |
| 13 May 2026 | 0.8880 |
| 18 Feb 2026 | 0.8880 |
| 19 Nov 2025 | 0.8500 |
| 13 Aug 2025 | 0.8500 |
| 14 May 2025 | 0.8500 |
| 19 Feb 2025 | 0.8500 |
| 13 Nov 2024 | 0.8300 |
| 14 Aug 2024 | 0.8300 |
| 14 May 2024 | 0.8300 |
| 13 Feb 2024 | 0.8300 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ED SEC filings
4 Sep 2026
8-KSEC EDGAR
Other events
6 Aug 2026
8-KSEC EDGAR
Results of operations
6 Aug 2026
10-QSEC EDGAR
Quarterly report
2 Jul 2026
8-KSEC EDGAR
Director or officer change
3 Jun 2026
8-KSEC EDGAR
Other events
20 May 2026
8-KSEC EDGAR
Shareholder vote results
8 May 2026
8-KSEC EDGAR
Entered a material agreement
8 May 2026
424B5SEC EDGAR
424B5
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.