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Edenor SA
(NYSE:EDN)
Edenor SA (EDN) vs. SPDR S&P 500 ETF (SPY)
Edenor SA Business Overview & Revenue Model
Edenor SA Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.49T | 2.04T | 701.10B | 1.40T | 688.50B |
| Gross Profit | 741.17B | 394.60B | 27.73B | 50.82B | 88.49B |
| EBITDA | 238.60B | 199.76B | 586.64B | 706.74B | 187.58B |
| Net Income | 278.72B | 272.13B | 48.37B | -44.01B | -129.47B |
Balance Sheet | |||||
| Total Assets | 5.80T | 3.98T | 3.29T | 3.26T | 463.27B |
| Cash, Cash Equivalents and Short-Term Investments | 796.08B | 397.47B | 199.81B | 205.69B | 36.75B |
| Total Debt | 1.17T | 476.36B | 213.23B | 101.38B | 20.66B |
| Total Liabilities | 3.57T | 2.47T | 2.05T | 2.21T | 319.72B |
| Stockholders Equity | 2.22T | 1.51T | 1.23T | 1.04T | 143.55B |
Cash Flow | |||||
| Free Cash Flow | -312.84B | -114.05B | -48.31B | 3.70B | 6.62B |
| Operating Cash Flow | 116.44B | 245.92B | 71.47B | 35.43B | 21.35B |
| Investing Cash Flow | -537.73B | -567.25B | -79.06B | -37.36B | -25.54B |
| Financing Cash Flow | 614.18B | 265.18B | 7.34B | -4.76B | -1.44B |
Edenor SA Technical Analysis
Edenor SA Risk Analysis
Edenor SA Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | $6.44B | 17.33 | 7.76% | 4.38% | 7.53% | -17.59% | |
69 Neutral | $2.45B | 41.27 | 14.42% | 2.00% | -4.16% | -40.47% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
61 Neutral | $5.60B | 10.38 | 7.43% | 5.63% | -25.78% | -91.93% | |
56 Neutral | $1.34B | 6.83 | 11.82% | ― | 2.98% | ― | |
54 Neutral | $358.47M | 14.48 | 2.47% | 2.16% | 13.12% | 29.97% |
Edenor SA Corporate Events
Edenor has filed its consolidated financial statements for the year ended December 31, 2025, presenting results in constant Argentine pesos and in comparative form with prior years. The filing details its comprehensive income, financial position, cash flows, capital structure and key regulatory, risk and tax notes, providing investors and regulators with an updated view of the company’s financial health amid Argentina’s inflationary and highly regulated electricity market.
The disclosure confirms Edenor’s share structure as of December 31, 2025, including 906.5 million common shares across Classes A, B and C and the presence of treasury and employee stock program shares. By formalizing these audited figures with U.S. and Argentine authorities, the company reinforces transparency around its earnings, asset base and capital, information that is central for creditors, minority shareholders and policymakers as they assess its role in the country’s power distribution sector.
The most recent analyst rating on (EDN) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Edenor SA stock, see the EDN Stock Forecast page.
On March 6, 2026, Edenor’s board approved the annual report, financial statements, sustainability and corporate governance reports for the fiscal year ended December 31, 2025. The filings confirm a profit attributable to shareholders of ARS 239,236 million and total comprehensive income of ARS 240,380 million, underscoring a strong earnings performance in a high‑inflation local currency context.
As of year-end 2025, total equity attributable to shareholders reached ARS 2,222,906 million, supported by sizable statutory and discretionary reserves that enhance the company’s capital position. Edenor also detailed its share capital structure, with 51% of Class A shares controlled by Empresa de Energía del Cono Sur and significant holdings of Class B shares by Argentina’s Sustainability Guarantee Fund, which may be relevant for governance dynamics and liquidity in its listed securities.
The most recent analyst rating on (EDN) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Edenor SA stock, see the EDN Stock Forecast page.
On March 6, 2026, Edenor’s board approved financial statements for the year ended December 31, 2025, showing a profit of ARS 239,236 million and EBITDA of ARS 571,975 million, supported by electricity rate adjustments and cost optimization. The company reported 2025 revenue and distribution margin increases of 11% and 9% year on year, investments of ARS 394,892 million to expand and upgrade its network, slightly higher energy losses, and modest growth in both electricity sales and customer base, while achieving the best service quality indicators in its history, underscoring a stronger operational and financial position for the utility and its stakeholders.
Edenor’s 2025 EBITDA surged to ARS 571,975 million on the back of restored tariffs and tighter cost control, reinforcing its balance sheet and funding capacity for network improvements. Investments reached ARS 394,892 million, backing record service quality metrics, a 1% rise in electricity sales to 22,951 GWh and a 1.4% increase in customers, though energy losses edged up to 15.7%, highlighting both progress and ongoing efficiency challenges in its distribution operations.
The most recent analyst rating on (EDN) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Edenor SA stock, see the EDN Stock Forecast page.
On March 6, 2026, Edenor’s board of directors and supervisory committee held a duly constituted remote meeting in Buenos Aires, enabled under the company’s bylaws. The session was conducted via Microsoft Teams, ensuring simultaneous audio and video transmission and compliance with Argentine corporate governance standards.
At this meeting, the board unanimously approved the annual report, corporate governance report, and full financial statements for the fiscal year ended December 31, 2025. The directors also authorized chairman Daniel Marx to sign the approved documents and complete required filings with relevant authorities, confirming formal closure of the 2025 fiscal year reporting process for stakeholders.
The most recent analyst rating on (EDN) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Edenor SA stock, see the EDN Stock Forecast page.
In its fourth-quarter 2025 results released on March 6, 2026, Edenor reported that Argentina’s five-year tariff review for 2025–2030 and ongoing automatic monthly rate adjustments have markedly improved the utility’s financial performance and cash flow visibility. Revenues for 4Q25 rose 4% in constant pesos to ARS 706,123 million, distribution margin climbed 11%, and full‑year EBITDA reached ARS 571,975 million, reflecting tariff normalization, higher demand, and better collectability.
Operationally, 4Q25 energy sales volumes increased 3.94% year on year, with growth led by residential and small commercial customers and the client base expanding 1% to 3.39 million. Edenor invested ARS 394,892 million in 2025, cut operating expenses 6% in the quarter through efficiency measures and workforce renewal, reduced financial costs via lower debt and CAMMESA interest, and swung to a 4Q25 net profit of ARS 45,675 million from a loss a year earlier, signaling a strengthening balance sheet and improved visibility for regulators, creditors, and shareholders.
The company also moved to regularize its position in the wholesale market by entering long-term payment plans with CAMMESA and filing a regulatory asset claim now under review by the Secretary of Energy. Additional regulatory changes, such as authorization to move to monthly meter readings and continued application of automatic tariff updates, underpin Edenor’s strategy to normalize operations and support ongoing investments in its network, including smart meter rollouts and the formalization of previously informal connections.
The most recent analyst rating on (EDN) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Edenor SA stock, see the EDN Stock Forecast page.
On March 6, 2026, Edenor’s board resolved to convene an Ordinary General Shareholders’ Meeting for April 29, 2026, with a first call at 10:00 a.m. and a second call at 11:00 a.m. The meeting is scheduled to be held remotely via Microsoft Teams, with the company’s registered office in Buenos Aires serving as the formal meeting location.
This move reflects the company’s continued use of virtual formats for corporate governance, aligning with evolving regulatory practices in Argentina. The announced meeting date and structure will be relevant for shareholders preparing to exercise their rights and engage with management on Edenor’s performance and oversight matters.
The most recent analyst rating on (EDN) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Edenor SA stock, see the EDN Stock Forecast page.
On February 11, 2026, Edenor announced it will carry out an early, full redemption of its Class 8 Notes, a US$80 million issuance dated August 7, 2025, bearing 8.50% interest and originally maturing on August 7, 2026. The decision reflects active liability management within the company’s US$750 million simple notes program and may be seen by investors as a signal of strengthened liquidity or a desire to reduce near-term U.S. dollar debt exposure.
The redemption, scheduled for March 2, 2026, will be executed at par plus accrued interest of US$428,493.15 for the period from February 7 to March 2, 2026, with Caja de Valores acting as paying agent and payments made in U.S. dollars to holders registered as of February 26. Once the redemption and payment are completed, interest on the Class 8 Notes will cease to accrue, eliminating this obligation from Edenor’s balance sheet and potentially improving its financial flexibility ahead of future funding needs or regulatory changes in Argentina’s power sector.
The most recent analyst rating on (EDN) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Edenor SA stock, see the EDN Stock Forecast page.
On January 30, 2026, Edenor’s board of directors resolved to convene an Ordinary General Shareholders’ Meeting, to be held remotely via Microsoft Teams from the company’s Buenos Aires headquarters on March 5, 2026, with a first call at 10:00 a.m. and a second call at 11:00 a.m. This upcoming meeting is a routine but important governance event for the Argentine power distributor, giving shareholders a formal forum to review the company’s situation and decisions, and signaling continued adherence to local market regulations and remote-meeting practices that have become standard for listed companies in Argentina.
The most recent analyst rating on (EDN) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Edenor SA stock, see the EDN Stock Forecast page.