Consolidated Edison Inc
Consolidated Edison Inc (ED) is listed on NYSE and classified in Utilities - Regulated Electric, part of the Utilities sector. It is headquartered in New York, United States and has 15,407 employees. The company is worth $43B and trades at 19.2x its earnings of the last twelve months; the median for its sector is 20.5x. Revenue was $17.05B in fiscal 2025, up 10.2% from the year before. Net income was $2.02B. The share price is within 3% of its 52-week high. It pays a dividend yielding 3.05%, and has raised its annual dividend for 28 years in a row in our records. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $393.52M. In that quarter, 5 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +44.6% over 5Y.
today you would have $1,769.74▲ +77.0%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $99.32 | $89.23 | $90.97 | $95.31 | $85.32 | $72.27 | $90.47 | $76.46 | $84.95 | $73.68 | $64.27 | $66.01 | $55.28 | $55.54 | $62.03 | $49.57 | $45.43 | |
| P/E |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 11.5% a year plus a 3.1% dividend yield. Growth capped at 25%.
Median P/E of 20.5 among peers in the sector.
Median P/E of 17.3 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Sector median of 13.3x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 1.7% a year against a 7.0% required return, from the stock’s beta.
Companies of similar size in Utilities, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| EXCExelon Corp | $44.85 | 15.8x | 1.6x | 3.75% | 9.71% | $46.21B |
| VSTVistra Corp. | $140.83 | 26.3x | 15.7x | 0.65% | 42.96% | $47.27B |
| PCGPG&E Corp | $12.98 | 9.5x | 0.9x | 1.54% | 9.32% | $38.97B |
| XELXcel Energy Inc | $78.90 |
| 17.3x |
| 17.6x |
| 17.0x |
| 12.6x |
| 20.5x |
| 22.2x |
| 22.0x |
| 22.2x |
| 17.3x |
| 17.2x |
| 17.9x |
| 15.9x |
| 17.8x |
| 15.3x |
| 14.4x |
| 17.4x |
| 14.3x |
| 14.5x |
| P/S | 2.0x | 2.1x | 2.0x | 2.1x | 2.2x | 2.2x | 2.0x | 2.4x | 2.0x | 2.2x | 1.9x | 1.5x | 1.5x | 1.3x | 1.3x | 1.4x | 1.1x | 1.0x |
| P/B | 1.5x | 1.5x | 1.4x | 1.5x | 1.6x | 1.5x | 1.3x | 1.7x | 1.5x | 1.7x | 1.6x | 1.4x | 1.5x | 1.3x | 1.4x | 1.6x | 1.3x | — |
| EPS | $5.64 | $5.24 | $7.21 | $4.66 | $3.85 | $3.28 | $4.08 | $4.42 | $4.94 | $4.12 | $4.05 | $3.71 | $3.61 | $3.86 | $3.57 | $3.47 | $3.14 |
| Dividend yield | 3.74% | 3.42% | 3.72% | 3.56% | 3.32% | 3.63% | 4.23% | 3.27% | 3.74% | 3.25% | 3.64% | 4.05% | 3.82% | 4.45% | 4.36% | 3.87% | 4.80% | 5.19% |
| Payout | 67.23% | 60.28% | 63.36% | 44.94% | 67.81% | 80.52% | 93.29% | 72.55% | 64.71% | 55.87% | 65.05% | 64.20% | 67.92% | 68.14% | 62.69% | 67.23% | 68.59% | 75.16% |
| Profit margin | 9.84% | 11.87% | 11.77% | 17.18% | 10.59% | 9.84% | 8.99% | 10.68% | 11.20% | 12.67% | 10.31% | 9.50% | 8.45% | 8.60% | 9.36% | 8.24% | 7.53% | 6.74% |
| ROE | 8.68% | 8.36% | 8.29% | 11.91% | 8.02% | 6.72% | 5.84% | 7.45% | 8.26% | 9.89% | 8.71% | 9.14% | 8.68% | 8.67% | 9.61% | 9.12% | 8.90% | — |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
-15.2% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 21.6x |
| 2.0x |
| 3.00% |
| 9.92% |
| $49.28B |
| WECWEC Energy Group Inc | $112.15 | 21.1x | 2.6x | 3.40% | 11.99% | $36.54B |
| PEGPublic Service Enterprise Group Inc | $72.72 | 18.1x | 2.1x | 3.69% | 11.84% | $36.25B |