Consolidated Edison (ED)
Utilities · Regulated electric and gas utilities; transmission and distribution infrastructure
Regulated utility delivering electricity, gas, and steam to over 4 million customers across New York and New Jersey, with growing transmission infrastructure investments.
What Consolidated Edison does
Consolidated Edison is a regulated utility holding company providing electric, gas, and steam delivery services to approximately 3.7 million electric customers, 1.2 million gas customers, and 1,490 steam customers, primarily in New York City, Westchester County, and the Hudson Valley. Through its subsidiaries CECONY and O&R, the company operates in highly regulated markets under New York Public Service Commission oversight. Con Edison Transmission develops and invests in electric transmission projects and owns electric and gas assets through joint ventures, diversifying beyond traditional utility delivery. The company seeks to grow earnings through regulated utility operations and transmission investments while supporting dividend growth.
Themes: ["Regulated utilities"]
Fundamentals
- Price$110.27 as of 2026-07-09 close
- Market cap$41.0B as of 2026-07-10
- 1-year return+12.9% as of 2026-07-09 close
- P/E19.01 as of 2026-07-10
- Net margin+12.5% as of 2026-07-10
- Gross margin+46.7% as of 2026-07-10
- ROE+8.8% as of 2026-07-10
- Debt / equity1.04 as of 2026-07-10
- Revenue growth (YoY)+9.1% as of 2026-07-10
- Revenue CAGR (3y)+2.6% SEC XBRL
- Beta0.27 as of 2026-07-10
Dividend: yield +3.2%; 3-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Extensive regulation with potential for substantial penalties, rate plan inadequacy, and adverse rate changes that could prevent reasonable returns"]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.