US stock · Utilities sector · Utilities—Regulated Electric
C
Consolidated Edison, Inc.
ED
NYSE92.95
USD
+1.19
(+1.30%)
After Hours Market
13.17P/E
18Forward P/E
0.54P/E to S&P500
32.211BMarket CAP
3.47%Div Yield
Upcoming Earnings
2 Aug-7 Aug
Shares Short
5/15/23
7.7M
Short % of Float
2.99%
Short % of Shares Outs.
2.22%
% Held by Insiders
0.13%
% Held by Institutions
71.24%
Beta
0.37
PEG Ratio
3.08
52w. high/low
102.21/78.10
Avg. Daily Volume
1.95M
Return %
Stock
S&P 500
1 year
(5.39)
3.92
3 years
22.98
34.34
5 years
25.02
55.95
Scale: |
High
Low
49.30
34.11
46.35
32.56
51.03
41.52
62.74
48.55
65.98
53.63
64.03
54.17
68.92
52.23
72.25
56.86
81.88
63.47
89.70
72.13
84.94
71.12
94.97
73.30
95.10
62.03
85.60
65.56
102.21
78.10
100.92
87.03
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
49.27
49.77
47.35
46.87
44.22
41.61
42.18
44.11
42.85
40.20
39.18
39.58
38.28
36.58
38.70
44.34
45.21
Earnings per share
3.49
4.38
3.19
3.53
3.63
3.90
3.63
3.73
4.07
4.14
4.97
4.43
4.09
3.29
3.81
4.70
7.03
FCF per share
(1.42)
(6.22)
0.99
1.24
4.00
1.81
0.05
1.41
0.76
(0.74)
(0.25)
(2.57)
(1.07)
(5.11)
(3.45)
(0.66)
0.70
Dividends per share
2.19
2.26
2.22
2.25
2.41
2.43
2.46
2.52
2.50
2.54
2.61
2.70
2.81
2.91
2.91
3.08
3.10
CAPEX per share
7.26
8.52
7.97
7.14
6.72
7.06
8.67
8.26
10.42
12.25
11.21
11.22
10.61
11.68
11.19
11.79
9.33
Book Value per sh.
34.88
36.32
38.02
39.66
39.81
40.52
41.81
42.94
44.55
47.60
50.21
53.66
54.86
56.29
56.70
58.54
32.26
Comm.Shares outs.
266
273
275
284
293
293
293
293
293
300
307
312
329
335
353
353
354
Avg. annual P/E ratio
13.7
9.4
12.3
13.0
14.8
15.3
16.0
15.4
15.6
17.8
16.3
17.5
21.1
23.8
19.6
19.6
13.2
P/E to S&P500
0.8
0.4
0.2
0.6
0.9
1.0
0.9
0.8
0.8
0.8
0.7
0.7
0.9
0.6
0.7
0.9
0.5
Avg. annual div. yield
4.6%
5.5%
5.6%
4.9%
4.5%
4.1%
4.3%
4.4%
3.9%
3.4%
3.2%
3.5%
3.3%
3.7%
3.9%
3.4%
3.3%
Revenue (m)
13,120
13,583
13,032
13,325
12,938
12,188
12,354
12,919
12,554
12,075
12,033
12,337
12,574
12,246
13,676
15,670
16,014
Operating margin
14.1%
12.2%
14.6%
15.9%
17.3%
19.2%
18.2%
17.1%
19.3%
21.3%
21.7%
21.6%
21.3%
21.7%
20.7%
16.7%
32.1%
Depreciation (m)
- -
- -
791
840
884
955
1,024
1,071
1,130
1,216
1,341
1,438
1,684
1,920
2,032
2,056
2,297
Net profit (m)
929
1,196
879
1,003
1,062
1,141
1,062
1,092
1,193
1,245
1,525
1,382
1,343
1,101
1,346
1,660
2,488
Income tax rate
32.1%
36.2%
33.4%
35.3%
36.1%
34.5%
30.9%
34.2%
33.6%
35.9%
23.6%
22.5%
17.1%
7.3%
13.7%
23.7%
22.7%
Net profit margin
7.1%
8.8%
6.7%
7.5%
8.2%
9.4%
8.6%
8.5%
9.5%
10.3%
12.7%
11.2%
10.7%
9.0%
9.8%
10.6%
14.8%
Working capital (m)
(1,290)
114
291
1,141
651
(494)
(839)
73
(884)
(437)
(1,365)
(2,343)
(2,015)
(2,053)
124
1,636
(3,607)
Long-term debt (m)
7,611
9,232
9,854
10,671
10,143
10,062
10,489
11,631
12,006
14,735
14,731
17,495
18,527
20,382
23,321
20,623
20,050
Equity (m)
9,289
9,911
10,462
11,274
11,649
11,869
12,245
12,576
13,052
14,298
15,418
16,726
18,022
18,847
20,037
20,687
(16,126)
ROIC
3.8%
3.6%
4.2%
4.1%
4.0%
4.1%
4.3%
3.7%
4.0%
3.8%
4.8%
4.2%
4.2%
3.7%
3.7%
4.1%
107.1%
Return on capital
4.8%
5.1%
5.7%
6.0%
5.8%
5.7%
5.6%
5.1%
5.4%
5.5%
5.7%
4.8%
4.5%
3.5%
3.9%
4.5%
72.2%
Return on equity
10.0%
12.1%
8.4%
8.9%
9.1%
9.6%
8.7%
8.7%
9.1%
8.7%
9.9%
8.3%
7.5%
5.8%
6.7%
8.0%
(15.4)%
Plowback ratio
37.4%
48.3%
30.4%
36.2%
33.7%
37.6%
32.1%
32.3%
38.6%
38.7%
47.3%
39.1%
31.2%
11.4%
23.5%
31.9%
55.7%
Div.&Repurch./FCF
27.2%
(33.4)%
130.0%
57.1%
57.5%
179.4%
5,150.0%
179.4%
328.7%
(27.6)%
(605.3)%
(17.1)%
(28.1)%
(19.6)%
(20.9)%
(467.4)%
816.5%
Capital Structure
4 May · 2023 | Q1
All numbers in millions
Total liabilities
$ 23,657
Total assets
$ 7,531
Long-term debt
$ 20,050
Cash and equiv.
$ - -
Goodwill
$ - -
Retained earnings
$ - -
Common stock
353
Enterprise Value
$ 52,261
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
2,544
992
1,282
Receivables
2,741
3,106
3,232
Inventory
356
437
492
Other
(340)
736
7,976
Current assets
5,301
5,551
12,972
Acc. Payable
1,475
1,497
1,955
Debt due
3,933
2,041
3,792
Other
1,946
1,889
5,589
Current liabilities
7,354
5,427
11,336
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
14.58%
6.39%
2.85%
Cash flow
(80.90)%
55.09%
411.99%
Earnings
23.33%
6.18%
6.03%
Dividends
5.73%
6.66%
4.72%
Book value
3.24%
5.47%
6.03%
Insider Trading
Type
Shares
Date
Miller Joseph
Purchase
2
04/28/23
Sutherland L Frederick
Award
1,625
05/16/23
Stanley Deirdre
Award
1,625
05/16/23
Mulrow William J
Award
1,625
05/16/23
Sanford Linda S
Award
1,625
05/16/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
3,677
2,971
3,613
3,415
13,676
2022
4,060
3,415
4,165
4,031
15,671
2023
4,403
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
- -
0.47
1.52
0.53
2.52
2022
1.70
0.72
1.73
0.54
4.70
2023
4.05
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.72
0.72
0.74
0.74
2.91
2022
0.78
0.76
0.76
0.78
3.08
2023
0.80
- -
- -
- -
- -
Company Description
Sector:
Utilities
Industry:
Utilities—Regulated Electric
CEO:
Mr. Timothy P. Cawley
Full-time employees:
14,319
City:
New York
Address:
4 Irving Place
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.
Recent News
· 1 Oct, 2022 · The Wall Street Journal