ED
Consolidated Edison
$107.80
▼ 1.1%Updated Today 11:30 AM ET
ED at a glance — five pillars scored 0–100 from real filed financials.
Overall: Neutral · 56/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 5.6% over the last 12 months
Market Cap
$42.01B
P/E
18.3x
Forward P/E (est.)
16.7x
ROE
8.8%
Revenue Growth
9.1%
EPS Growth
9.6%
Profit Margin
12.5%
FCF Yield
11.4%
Debt / Equity
1.15x
ROIC
5.0%
Interest Coverage
2.38x
Current Ratio
1.19x
Dividend Yield
3.3%
Implied Growth (rev. DCF)
—
Rating Score
56/100
Consolidated Edison (ED) is a large-cap company in the Multi-Utilities industry, part of the Utilities sector of the S&P 500, with a market value around $42.01B.
In its latest reported year it generated about $16.92B in revenue and $2.02B in net profit.
Our model rates ED Neutral (56/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
The numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.
18.9% average over the last 3 years
±2.3 pts around 20.5% across 10 years
grew in 6 of the last 9 year-over-year periods
positive in 3 of 10 years
5.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what ED's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. ED trades near $107.80, around its 50-day average ($107.84) and 200-day average ($105.00). Price tangled in its moving averages means there is no clear trend — the stock is ranging.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 75 it is overbought — the recent rally is stretched and can cool off.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. ED's is $1.91 (~1.8% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month ED found buyers near $102.82 (support) and sellers near $114.09 (resistance); its 52-week range is $94.96–$116.23. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.9× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
5.5%
Revenue moved from $12.07B in 2016 to $16.92B in 2025, a 3.8% compound annual growth rate. The most recent year grew a steady 9.1% year over year. Slower, mature growth is common for established businesses.
Gross Margin
46.7%
Operating Margin
17.3%
Net Margin
12.0%
ROE
8.8%
Consolidated Edison keeps about 12.5% of each sales dollar as net profit, with a 46.7% gross margin and 17.3% operating margin. Return on equity is 8.8% and return on invested capital about 5.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$25.80B
Net Debt
$25.65B
Net Debt / EBITDA
8.74x
Debt / Equity
1.15x
Leverage: debt-to-equity is 1.2x, and operating profit covers interest about 2.4x, with a current ratio of 1.2x. That is a moderate, manageable debt load for most businesses. It carries roughly $25.80B of total debt against $147.00M of cash.
Operating CF
$4.80B
Free Cash Flow
$4.80B
FCF Margin
28.4%
In the latest year Consolidated Edison produced about $4.80B of operating cash flow and $4.80B of free cash flow after capital spending. That is a free-cash-flow yield of about 11.4% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The payout is comfortably covered by cash the business actually generates, with a raise habit behind it.
Dividend yield
3.3%
Per share (latest FY)
$3.32
Total paid (latest FY)
$1.17B
History on record
10 years
dividend uses 24% of free cash flow
58% of net income paid out
total dividends increased 9 years in a row
no cuts in the last 10 years on record
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
18.3x
P/S
2.35x
P/B
1.47x
EV / EBITDA
—
ED trades at 18.3x trailing earnings (about 16.7x on estimated forward earnings), 2.4x sales, and 1.5x book value. That is a fairly typical valuation for a profitable company.
Where ED sits versus its Utilities sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 38 Utilities companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How ED stacks up against its Utilities peers — valuation, profitability, and growth versus the sector median.
In the Utilities sector (47 S&P 500 companies), ED ranks #14 of 47 by our overall rating. It trades at roughly in line versus the sector on earnings (18.3x P/E vs. 21.3x median) with a lower return on equity (8.8% vs. 10.3%) and faster revenue growth (9.1% vs. 8.8%).
P/E vs sector
18.3x
median 21.3x
ROE vs sector
8.8%
median 10.3%
Growth vs sector
9.1%
median 8.8%
Sector rank
#14
of 47 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Utilities companies by sub-industry and size. Sector median is across all 47 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $107.80 today · expected CAGR -4% – 6%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $18.44B | $20.10B | $21.91B | $23.88B | $26.03B |
| Net income | $2.21B | $2.41B | $2.63B | $2.87B | $3.12B |
| EPS | $5.68 | $6.19 | $6.75 | $7.35 | $8.02 |
| Share price (low) | $62.46 | $68.09 | $74.21 | $80.89 | $88.17 |
| Share price (high) | $102.21 | $111.41 | $121.44 | $132.37 | $144.28 |
| CAGR (low–high) | -42% / -5% | -21% / 2% | -12% / 4% | -7% / 5% | -4% / 6% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for ED:
- Healthy free-cash-flow yield (~11.4%) funds buybacks and dividends.
- Pays a 3.3% dividend on top of any price gains.
The case against ED:
- Interest coverage is thin (2.4x), so debt costs bite.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Balance-sheet risk — debt/equity of 1.2x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Consolidated Edison is a large-cap utilities business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 18.3x earnings, which our model scores Neutral (56/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 27 Wall Street analysts covering ED recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more cautious over the last three months (-4 pts of buy ratings).
Latest SEC Filings
ED's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
ED — frequently asked questions
Is ED a good stock to buy?
We don't give buy or sell advice. Our model rates Consolidated Edison Neutral (56/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is ED's rating on The Stocks School?
Consolidated Edison currently scores 56/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does ED's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Consolidated Edison's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for ED calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this ED analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell ED. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.