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Consolidated Edison Inc

Exchange: NYSESector: UtilitiesIndustry: Utilities - Regulated Electric

Consolidated Edison, Inc. (Con Edison) is a holding company, which owns Consolidated Edison Company of New York, Inc. (CECONY), which delivers electricity, natural gas and steam to customers in New York City and Westchester County; Orange and Rockland Utilities, Inc. (O&R) (together with CECONY referred to as the Utilities), which delivers electricity and natural gas to customers primarily located in southeastern New York, and northern New Jersey and northeastern Pennsylvania, and competitive energy businesses, which provide retail and wholesale electricity supply and energy services. CECONY's business operations are its regulated electric, gas and steam delivery businesses. O&R's business operations are its regulated electric and gas delivery businesses. In July 2012, Consolidated Edison Development, a wholly owned subsidiary of Con Edison, and GCL Solar Energy Inc., a wholly owned subsidiary of GCL-Poly Energy Holdings Limited, acquired two solar photovoltaic projects.

Did you know?

Profit margin stands at 12.0%.

Current Price

$109.06

-1.08%

GoodMoat Value

$83.60

23.3% overvalued
Profile
Valuation (TTM)
Market Cap$39.36B
P/E19.47
EV$66.13B
P/B1.63
Shares Out360.94M
P/Sales2.33
Revenue$16.92B
EV/EBITDA10.75

Consolidated Edison Inc (ED) Company Profile

GoodMoat Analysis

Based on data as of March 26, 2026

Consolidated Edison is a regulated utility providing essential electricity and gas services to New York City and Westchester County. Its primary moat is government-granted monopoly status, but its financial quality and growth profile are weak, with a low FCF yield of 0.1% and a valuation that appears high relative to the GoodMoat Target.

Read full analysis
Consolidated Edison Inc (ED) is a classic regulated utility. Its business model is straightforward: it owns and operates the electricity and natural gas delivery infrastructure (pipes, wires, substations) for New York City and Westchester County. Its customers are the millions of residential, commercial, and industrial users in that region who have no other choice for delivery service. Applying the GoodMoat framework, its primary competitive advantage is a 'Regulatory Barrier' (Section 1, point 5). It operates as a government-sanctioned monopoly in its service territory, with rates and returns on capital approved by state regulators. This provides a very stable, predictable business but limits its growth and profitability. The company shows few other moat characteristics; it lacks network effects, proprietary data, or significant pricing power beyond regulated allowances. From a risk perspective (Section 5), the business model carries inherent 'Regulatory/Geopolitical Risk', as unfavorable rate cases can cap earnings. The financial data shows challenges: a low Free Cash Flow Yield of 0.1% and a Debt/Equity ratio of 1.17 indicate limited financial flexibility. A value investor might be interested in its essential-service model and 2.94% dividend yield, but would be cautious given its low returns (ROE of 8.4%), minimal growth, and a current stock price of $110.03 that is significantly above the GoodMoat Target of $83.60, suggesting an unfavourable valuation margin of safety.

ED Company Information

Consolidated Edison, Inc. (Con Edison) is a holding company, which owns Consolidated Edison Company of New York, Inc.

(CECONY), which delivers electricity, natural gas and steam to customers in New York City and Westchester County; Orange and Rockland Utilities, Inc.

(O&R) (together with CECONY referred to as the Utilities), which delivers electricity and natural gas to customers primarily located in southeastern New York, and northern New Jersey and northeastern Pennsylvania, and competitive energy businesses, which provide retail and wholesale electricity supply and energy services.

CECONY's business operations are its regulated electric, gas and steam delivery businesses. O&R's business operations are its regulated electric and gas delivery businesses.

In July 2012, Consolidated Edison Development, a wholly owned subsidiary of Con Edison, and GCL Solar Energy Inc.

, a wholly owned subsidiary of GCL-Poly Energy Holdings Limited, acquired two solar photovoltaic projects.

Sector

Utilities

Industry

Utilities - Regulated Electric

Exchange

NYSE

Country

New York, USA

ED Key Officers

Key officers data coming soon

ED Company Profile

Consolidated Edison Inc (ED) is a Utilities company in the Utilities - Regulated Electric industry. It trades on NYSE. The company is based in New York, USA.

Consolidated Edison, Inc. (Con Edison) is a holding company, which owns Consolidated Edison Company of New York, Inc. (CECONY), which delivers electricity, natural gas and steam to customers in New York City and Westchester County; Orange and Rockland Utilities, Inc. (O&R) (together with CECONY referred to as the Utilities), which delivers electricity and natural gas to customers primarily located in southeastern New York, and northern New Jersey and northeastern Pennsylvania, and competitive energy businesses, which provide retail and wholesale electricity supply and energy services. CECONY's business operations are its regulated electric, gas and steam delivery businesses. O&R's business operations are its regulated electric and gas delivery businesses. In July 2012, Consolidated Edison Development, a wholly owned subsidiary of Con Edison, and GCL Solar Energy Inc., a wholly owned subsidiary of GCL-Poly Energy Holdings Limited, acquired two solar photovoltaic projects.

Market cap is $39.36B. There are 360.9M shares outstanding. Dividend yield is 2.96%.

See the full Consolidated Edison Inc profile on GoodMoat. It covers key officers, financial metrics, and sector details. You can also use GoodMoat's DCF calculator, fair value models, and quality score to help decide if ED is a good investment.