Company Overview

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.

  • Name

    Consolidated Edison, Inc.

  • CEO

    Mr. Timothy P. Cawley

  • Website

    www.conedison.com

  • Sector

    Multi-Utilities

  • Year Founded

    1823

Profile

  • Market Cap

    $35.75B

  • EV

    $60.81B

  • Shares Out

    346.15M

  • Revenue

    $14.81B

  • Employees

    14,592

Margins

  • Gross

    52.5%

  • EBITDA

    36.3%

  • Operating

    22.2%

  • Pre-Tax

    14.66%

  • Net

    12.04%

  • FCF

    -11.81%

Returns (5Yr Avg)

  • ROA

    2.61%

  • ROTA

    8.64%

  • ROE

    8.21%

  • ROCE

    4.97%

  • ROIC

    3.82%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $96.67

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $1,500M

  • Net Debt

    $25.06B

  • Debt/Equity

    1.23

  • EBIT/Interest

    2.84

Growth (CAGR)

  • Rev 3Yr

    4.6%

  • Rev 5Yr

    3.39%

  • Rev 10Yr

    1.27%

  • Dil EPS 3Yr

    15.99%

  • Dil EPS 5Yr

    4.13%

  • Dil EPS 10Yr

    1.75%

  • Rev Fwd 2Yr

    4.6%

  • EBITDA Fwd 2Yr

    3.84%

  • EPS Fwd 2Yr

    5.27%

  • EPS LT Growth Est

    5.53%

Dividends

  • Yield

  • Payout

    63.59%

  • DPS

    $3.28

  • DPS Growth 3Yr

    2.01%

  • DPS Growth 5Yr

    2.42%

  • DPS Growth 10Yr

    2.79%

  • DPS Growth Fwd 2Yr

    3.02%

NYSE:ED