Consolidated Edison, Inc. (ED)
NYSE:ED
Want to see ED full AI Analyst Report?
Top Page
Consolidated Edison
(NYSE:ED)
Select Model
Select Model
Rating:67Neutral
Price Target:
$121.00
â–²(9.85% Upside)
Action:ReiteratedDate:03/12/26
The score is driven primarily by mixed financial quality (stable utility earnings but capex-heavy, frequently negative free cash flow and a 2025 balance-sheet data discontinuity) balanced by favorable technical trend signals. Valuation and dividend yield provide additional support, and recent financing actions modestly improve liquidity and capital flexibility.
Positive Factors
Regulated business model
A regulated rate-base model yields predictable, durable cash flows because revenues and allowed returns are set through regulatory processes. This supports stable earnings, long-term capital planning and recovery of prudent investment, reducing fundamental demand volatility over months.
Negative Factors
Capex-driven negative free cash flow
Sustained negative free cash flow from heavy reinvestment constrains organic funding for dividends and growth, forcing reliance on external financing. Over 2–6 months this heightens refinancing and liquidity sensitivity, and limits financial flexibility amid large ongoing infrastructure needs.
Read all positive and negative factors
Positive Factors
Negative Factors
Regulated business model
A regulated rate-base model yields predictable, durable cash flows because revenues and allowed returns are set through regulatory processes. This supports stable earnings, long-term capital planning and recovery of prudent investment, reducing fundamental demand volatility over months.
Read all positive factors
Consolidated Edison (ED) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$40.18B
Dividend Yield3.44%
Average Volume (3M)1.85M
Price to Earnings (P/E)17.5
Beta (1Y)-0.23
Revenue Growth10.86%
EPS Growth7.81%
CountryUS
Employees15,097
SectorUtilities
Sector Strength65
IndustryRegulated Electric
Share Statistics
EPS (TTM)0.89
Shares Outstanding368,421,230
10 Day Avg. Volume1,674,699
30 Day Avg. Volume1,849,742
Financial Highlights & Ratios
PEG Ratio2.31
Price to Book (P/B)1.47
Price to Sales (P/S)2.10
P/FCF Ratio986.03
Enterprise Value/Market Cap1.68
Enterprise Value/Revenue3.98
Enterprise Value/Gross Profit6.41
Enterprise Value/Ebitda9.56
Forecast
1Y Price Target
$110.58Price Target Upside0.39% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering12
EPS Forecast (FY)6.1
Revenue Forecast (FY)$17.48B
Consolidated Edison Business Overview & Revenue Model
Company Description
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 Co...
How the Company Makes Money
Con Edison primarily makes money through regulated utility operations. The largest revenue streams come from selling electricity delivery and supply-related services, natural gas delivery and sales, and steam service to customers in its service te...
Consolidated Edison Key Performance Indicators (KPIs)
Consolidated Edison Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
60
Neutral
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 16.92B | 15.26B | 14.65B | 15.66B | 13.67B |
| Gross Profit | 10.49B | 9.76B | 8.96B | 9.55B | 8.89B |
| EBITDA | 6.15B | 5.48B | 6.06B | 5.17B | 4.37B |
| Net Income | 2.02B | 1.82B | 2.52B | 1.66B | 1.35B |
Balance Sheet | |||||
| Total Assets | 74.60B | 70.56B | 66.33B | 69.06B | 63.12B |
| Cash, Cash Equivalents and Short-Term Investments | 1.63B | 1.32B | 1.19B | 1.28B | 992.00M |
| Total Debt | 28.75B | 27.82B | 25.01B | 24.41B | 25.36B |
| Total Liabilities | 50.41B | 48.60B | 45.17B | 48.18B | 42.78B |
| Stockholders Equity | 24.19B | 21.96B | 21.16B | 20.69B | 20.04B |
Cash Flow | |||||
| Free Cash Flow | 36.00M | -1.16B | -2.34B | -233.00M | -1.22B |
| Operating Cash Flow | 4.80B | 3.61B | 2.16B | 3.94B | 2.73B |
| Investing Cash Flow | -5.25B | -5.27B | -1.00B | -4.57B | -3.48B |
| Financing Cash Flow | 746.00M | 1.80B | -1.49B | 1.01B | 461.00M |
Consolidated Edison Technical Analysis
Neutral
110.15
Price Trends
111.72
Negative
105.69
Positive
102.03
Positive
Market Momentum
-0.06
Positive
42.18
Neutral
17.08
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ED, the sentiment is Neutral. The current price of 110.15 is below the 20-day moving average (MA) of 112.16, below the 50-day MA of 111.72, and above the 200-day MA of 102.03, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 42.18 is Neutral, neither overbought nor oversold. The STOCH value of 17.08 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ED.
Consolidated Edison Risk Analysis
Consolidated Edison disclosed 16 risk factors in its most recent earnings report. Consolidated Edison reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Consolidated Edison Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $40.27B | 18.98 | 12.60% | 3.13% | 19.61% | 19.03% | |
69 Neutral | $36.57B | 22.02 | 11.65% | 3.38% | 13.96% | 0.49% | |
67 Neutral | $40.18B | 17.55 | 8.43% | 3.44% | 10.86% | 7.81% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
65 Neutral | $49.40B | 19.38 | 9.43% | 3.09% | 8.94% | >-0.01% | |
64 Neutral | $52.02B | 23.04 | 10.76% | 2.64% | 8.38% | 61.42% | |
59 Neutral | $47.99B | 15.92 | 9.87% | 3.68% | 5.34% | 11.60% |
* Utilities Sector Average
ED
Consolidated Edison
109.06
1.52
1.41%
ETR
Entergy
113.64
30.82
37.22%
EXC
Exelon
46.92
2.04
4.54%
PEG
Public Service Enterprise
80.74
2.37
3.02%
WEC
WEC Energy Group
114.60
9.61
9.15%
XEL
Xcel Energy
79.15
11.70
17.35%
Consolidated Edison Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Consolidated Edison Secures New $3.5 Billion Credit Facility
Positive
Mar 12, 2026
On March 11, 2026, Consolidated Edison, Inc. and subsidiaries Consolidated Edison Company of New York and Orange and Rockland Utilities entered a new revolving credit agreement with a syndicate of lenders led by Bank of America, N.A. The facility ...
Business Operations and StrategyPrivate Placements and Financing
Consolidated Edison Announces Forward Equity Offering Agreement
Positive
Feb 25, 2026
On February 23, 2026, Consolidated Edison, Inc. entered into a forward sale agreement with JPMorgan Chase Bank, N.A. covering 7,000,000 shares of its common stock, with an affiliate of the bank borrowing and selling the shares into the market at t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.