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CONSOLIDATED EDISON INC ED

NYSE · stock · Electric & Other Services Combined · website · IPO 1948-06-21 · LEI

CONSOLIDATED EDISON INC statistics & valuation

Market cap$41.3B
P / E20.4×
P / S2.4×
P / B1.7×
Dividend yield2.82%
Net margin11.9%
Return on equity8.4%
Net debt$24.2B
Net debt / EBITDA4.6×
Enterprise value USD$65.5B
EV / EBITDA12.5×
Earnings yield EBIT/EV4.5%
Return on capital4.3%
Graham number -14.4%$92.21

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($92.21); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
10.30% 12.70% 11.20% 10.70% 9.00% 9.80% 10.60% 17.20% 11.80% 11.90% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
23.00% 23.10% 21.60% 21.30% 21.70% 20.70% 16.70% 21.80% 17.30% 17.20% 2016201720182019202020212022202320242025
Return on equity (%)
8.70% 9.90% 8.20% 7.40% 5.80% 6.60% 7.90% 11.90% 8.30% 8.40% 2016201720182019202020212022202320242025
Shares outstanding
301.9M 308.8M 321.0M 332.6M 342.3M 354.0M 355.8M 349.3M 347.3M 361.0M 2016201720182019202020212022202320242025
Net debt ($)
$14.00B $15.23B $17.25B $18.99B $21.08B $22.05B $22.16B $21.05B $23.39B $24.17B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.60% 3.20% 2.60% 2.30% 1.80% 2.10% 2.40% 3.80% 2.60% 2.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-14.70% -2.00% -20.70% -4.30% -15.40% -9.00% -3.40% 2016201720182019202020212022202320242025
Debt / equity (×)
1.03× 1.04× 1.08× 1.10× 1.17× 1.13× 1.12× 1.05× 1.13× 1.07× 2016201720182019202020212022202320242025
EPS ($)
$4.12 $4.94 $4.42 $4.08 $3.28 $3.85 $4.66 $7.21 $5.24 $5.64 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

CONSOLIDATED EDISON INC trades at about 19.1× earnings — near its 10-year norm (10-year range 12.6×–23×, median 18.9×).

12.6× 23×

Shaded band = 10-year range (12.6×–23×); dot = today's 19.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin17.2%17.3%21.8%16.7%20.7%21.7%21.3%21.6%23.1%23.0%
Net margin11.9%11.8%17.2%10.6%9.8%9.0%10.7%11.2%12.7%10.3%
FCF margin———-3.4%-9.0%-15.4%-4.3%-20.7%-2.0%-14.7%
Return on assets2.7%2.6%3.8%2.4%2.1%1.8%2.3%2.6%3.2%2.6%
Return on equity8.4%8.3%11.9%7.9%6.6%5.8%7.4%8.2%9.9%8.7%
Debt / equity1.07×1.13×1.05×1.12×1.13×1.17×1.10×1.08×1.04×1.03×
Current ratio1.021.041.011.141.020.720.680.620.720.89

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.