Consolidated Edison, Inc. (ED) Stock

About Consolidated Edison, Inc.

Consolidated Edison, Inc., through its various subsidiaries, primarily operates in the regulated sectors of electricity, natural gas, and steam distribution across the United States. The company supplies electric power to approximately 3.5 million households and businesses in New York City and Westchester County. It also delivers natural gas to about 1.1 million customers located in Manhattan, the Bronx, specific parts of Queens, and Westchester County, while providing steam services to around 1,555 clients in certain Manhattan areas. Beyond these core regions, Consolidated Edison extends its electricity provision to roughly 300,000 customers in southeastern New York and northern New Jersey, and serves approximately 100,000 natural gas consumers in southeastern New York. Its extensive operational framework encompasses 533 circuit miles of transmission lines and 15 transmission substations. For distribution, it manages 64 substations, 87,564 in-service line transformers, 3,924 pole miles of overhead lines, and 2,291 miles of underground cabling. The natural gas network further includes 4,350 miles of main pipelines and 377,971 service connections. The company also engages in owning, operating, and developing projects for renewable energy and broader energy infrastructure. Furthermore, it offers a range of energy-related products and services to both wholesale and retail markets, and strategically invests in new electric and gas transmission ventures. Its electricity sales are predominantly directed toward industrial, commercial, residential, and governmental clients. Established in 1823, Consolidated Edison's corporate headquarters are situated in New York, New York.

Consolidated Edison, Inc. is led by CEO Timothy Cawley, employs 15,097 people, headquartered in New York City, US, publicly traded since 2001.

Consolidated Edison, Inc. (ED) stock trades at $112.26 with a market capitalization of $41.37B. The stock is valued at a price-to-earnings (P/E) ratio of 18.23, price-to-book of 1.55, price-to-sales of 2.31. Over the past 52 weeks the stock has ranged between $94.96 and $116.23, and currently trades 3.4% below its 52-week high. It pays a dividend yielding 3.21%.

On profitability, Consolidated Edison, Inc. generates a return on equity (ROE) of 8.73%, return on capital employed of 12.12%, an operating margin of 17.33%, a net profit margin of 12.52%.

In its most recent fiscal year, Consolidated Edison, Inc. reported annual revenue of $16.9B, net profit of $2.0B, revenue has compounded at 6.7% a year over the last five years, profit at 12.9% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 1.06, a current ratio of 1.02, total assets of $74.6B, $1.6B in cash and equivalents.

ED has an average daily trading volume of 2,400,006 shares, a beta of 0.27 (less volatile than the overall market).

Official website: www.conedison.com