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Consolidated Edison Inc

Utilities US ED

96.38USD
0.50(0.52%)

Last update at 2024-07-25T16:51:00Z

Day Range

96.0997.82
LowHigh

52 Week Range

79.7298.28
LowHigh

Fundamentals

  • Previous Close 95.88
  • Market Cap31069.80M
  • Volume618811
  • P/E Ratio13.29
  • Dividend Yield3.60%
  • EBITDA4752.00M
  • Revenue TTM15250.00M
  • Revenue Per Share TTM43.57
  • Gross Profit TTM 7685.00M
  • Diluted EPS TTM6.77

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 2098.00M 1383.00M 1234.00M 1736.00M 1783.00M
Minority interest -60.00000M -153.00000M 43.00M 97.00M 113.00M
Net income 1660.00M 1346.00M 1101.00M 1343.00M 1382.00M
Selling general administrative 3005.00M 2810.00M 2575.00M 2406.00M 2266.00M
Selling and marketing expenses - - - - -
Gross profit 7685.00M 7668.00M 7149.00M 6766.00M 6237.00M
Reconciled depreciation 2056.00M 2032.00M 1920.00M 1684.00M 1438.00M
Ebit 2624.00M 2826.00M 2654.00M 2676.00M 2340.00M
Ebitda 5066.00M 4733.00M 4370.00M 4301.00M 3778.00M
Depreciation and amortization 2442.00M 1907.00M 1716.00M 1625.00M 1438.00M
Non operating income net other 326.00M -538.00000M -401.00000M 51.00M -62.00000M
Operating income 2624.00M 2826.00M 2654.00M 2676.00M 2664.00M
Other operating expenses 13046.00M 10850.00M 9592.00M 9898.00M 9804.00M
Interest expense 951.00M 919.00M 1019.00M 991.00M 819.00M
Tax provision 498.00M 190.00M 90.00M 296.00M 401.00M
Interest income 99.00M 891.00M 795.00M 779.00M 651.00M
Net interest income -852.00000M -905.00000M -1019.00000M -991.00000M -819.00000M
Extraordinary items - - - - -42.00000M
Non recurring - - - - -
Other items - - - - -
Income tax expense 498.00M 190.00M 90.00M 296.00M 401.00M
Total revenue 15670.00M 13676.00M 12246.00M 12574.00M 12337.00M
Total operating expenses 5061.00M 4842.00M 4495.00M 4090.00M 3704.00M
Cost of revenue 7985.00M 6008.00M 5097.00M 5808.00M 6100.00M
Total other income expense net -526.00000M -1443.00000M -1420.00000M -940.00000M 69.00M
Discontinued operations - - - - -
Net income from continuing ops 1600.00M 1193.00M 1144.00M 1440.00M 1382.00M
Net income applicable to common shares 1660.00M 1346.00M 1101.00M 1343.00M 1382.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 69065.00M 63116.00M 62895.00M 58079.00M 53807.00M
Intangible assets 0.00000M 1293.00M 1460.00M 1557.00M 1654.00M
Earning assets - - - - -
Other current assets 481.00M 567.00M 497.00M 328.00M 198.00M
Total liab 48176.00M 42780.00M 43830.00M 39866.00M 37081.00M
Total stockholder equity 12022.00M 20037.00M 18847.00M 18022.00M 10762.00M
Deferred long term liab 4154.00M 3921.00M 6477.00M 384.00M 315.00M
Other current liab 5231.00M 1589.00M 1635.00M 1574.00M 1453.00M
Common stock 37.00M 37.00M 36.00M 35.00M 34.00M
Capital stock 37.00M 37.00M 36.00M 35.00M 34.00M
Retained earnings 11985.00M 11445.00M 11178.00M 11100.00M 10728.00M
Other liab 16215.00M 14032.00M 15246.00M 14208.00M 13373.00M
Good will 408.00M 439.00M 446.00M 446.00M 440.00M
Other assets 7967.00M 6098.00M 6942.00M 5389.00M 4660.00M
Cash 1282.00M 992.00M 1272.00M 981.00M 895.00M
Cash and equivalents 1282.00M 992.00M 1272.00M 981.00M 895.00M
Total current liabilities 11336.00M 5427.00M 7354.00M 6287.00M 6207.00M
Current deferred revenue 358.00M 300.00M 311.00M 346.00M 351.00M
Net debt 23133.00M 24370.00M 23807.00M 21558.00M 19816.00M
Short term debt 3792.00M 2041.00M 3933.00M 3203.00M 3216.00M
Short long term debt 3689.00M 1928.00M 3837.00M 3138.00M 3216.00M
Short long term debt total 24415.00M 25362.00M 25079.00M 22539.00M 20711.00M
Other stockholder equity -22.00000M 8550.00M 7658.00M 6906.00M 16.00M
Property plant equipment 46766.00M 48596.00M 46555.00M 43889.00M 41749.00M
Total current assets 12972.00M 5551.00M 5301.00M 4272.00M 3864.00M
Long term investments 841.00M 853.00M 1816.00M 2065.00M 1766.00M
Net tangible assets 40834.00M 20037.00M 18847.00M 36549.00M 34221.00M
Short term investments 191.00M 992.00M 1272.00M - -
Net receivables 3232.00M 3106.00M 2741.00M 2115.00M 2115.00M
Long term debt 20147.00M 22604.00M 20382.00M 18527.00M 17495.00M
Inventory 492.00M 437.00M 356.00M 352.00M 358.00M
Accounts payable 1955.00M 1497.00M 1475.00M 1164.00M 1187.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 202.00M 299.00M 218.00M 191.00M 113.00M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 22.00M 5.00M -25.00000M -19.00000M -16.00000M
Additional paid in capital - - - - -
Common stock total equity - - 36.00M 35.00M 34.00M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - -1038.00000M -1038.00000M -1038.00000M -1038.00000M
Accumulated amortization - - - - -
Non currrent assets other -235.00000M 5511.00M 6425.00M 4979.00M -69.00000M
Deferred long term asset charges - - - - -
Non current assets total 48126.00M 57565.00M 57594.00M 53807.00M 45283.00M
Capital lease obligations 579.00M 830.00M 860.00M 874.00M -
Long term debt total 20149.00M 22604.00M 20382.00M 18527.00M 17495.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -4565.00000M -3484.00000M -4224.00000M -3782.00000M -5471.00000M
Change to liabilities 825.00M 304.00M 585.00M 380.00M 44.00M
Total cashflows from investing activities -4565.00000M -3484.00000M -4224.00000M -3782.00000M -5471.00000M
Net borrowings 2083.00M 422.00M 2538.00M 916.00M 3020.00M
Total cash from financing activities 1014.00M 461.00M 2245.00M 859.00M 2938.00M
Change to operating activities -307.00000M -591.00000M -1088.00000M -238.00000M -186.00000M
Net income 1600.00M 1193.00M 1144.00M 1440.00M 1382.00M
Change in cash 384.00M -290.00000M 219.00M 211.00M 162.00M
Begin period cash flow 1146.00M 1436.00M 1217.00M 1006.00M 844.00M
End period cash flow 1530.00M 1146.00M 1436.00M 1217.00M 1006.00M
Total cash from operating activities 3935.00M 2733.00M 2198.00M 3134.00M 2695.00M
Issuance of capital stock 0.00000M 775.00M 640.00M 825.00M 705.00M
Depreciation 2056.00M 2032.00M 1920.00M 1684.00M 1438.00M
Other cashflows from investing activities -741.00000M 146.00M -898.00000M -544.00000M -2220.00000M
Dividends paid -1089.00000M -1030.00000M -975.00000M -924.00000M 842.00M
Change to inventory -111.00000M -82.00000M -4.00000M 6.00M -20.00000M
Change to account receivables -285.00000M -411.00000M -543.00000M 23.00M -140.00000M
Sale purchase of stock 57.00M 2482.00M 3161.00M 2197.00M 5072.00M
Other cashflows from financing activities 2452.00M 194.00M -63.00000M -44.00000M -59.00000M
Change to netincome 403.00M 355.00M 111.00M -20.00000M -3.00000M
Capital expenditures 4168.00M 3953.00M 3909.00M 3486.00M 3497.00M
Change receivables -254.00000M -514.00000M -677.00000M 77.00M -202.00000M
Cash flows other operating -584.00000M -539.00000M -841.00000M -317.00000M 173.00M
Exchange rate changes - - - - -
Cash and cash equivalents changes 384.00M -290.00000M 219.00M 211.00M 162.00M
Change in working capital -119.00000M -609.00000M -936.00000M 149.00M -23.00000M
Stock based compensation - 408.00M 416.00M 70.00M 115.00M
Other non cash items -37.00000M -424.00000M -431.00000M -517.00000M -625.00000M
Free cash flow -233.00000M -1220.00000M -1711.00000M -352.00000M -802.00000M

Peer Comparison

Sector: Utilities Industry: Utilities - Regulated Electric

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ED
Consolidated Edison Inc
0.50 0.52% 96.38 13.29 16.86 2.04 1.47 3.56 9.00
NEE
Nextera Energy Inc
-1.275 1.69% 74.14 15.77 17.61 4.52 2.61 7.10 12.28
SO
Southern Company
-0.74 0.90% 81.93 25.35 17.76 2.89 2.48 5.27 13.35
DUK
Duke Energy Corporation
-0.23 0.21% 108.37 20.54 16.34 2.60 1.59 5.34 11.98
NGG
National Grid PLC ADR
0.22 0.35% 63.04 15.63 13.83 2.41 1.32 5.05 14.80

Reports Covered

Stock Research & News

Profile

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 3.6 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 1,530 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 543 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 87,951 in-service line transformers; 3,869 pole miles of overhead distribution lines; and 2,320 miles of underground distribution lines, as well as 4,359 miles of mains and 377,741 service lines for natural gas distribution. Further, the company owns, develops, and operates 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. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.

Consolidated Edison Inc

4 Irving Place, New York, NY, United States, 10003

Key Executives

Name Title Year Born
Mr. Timothy P. Cawley Chairman, Pres & CEO 1965
Mr. Robert N. Hoglund Sr. VP & CFO 1962
Ms. Deneen Lynette Donnley Sr. VP & Gen. Counsel 1965
Mr. Robert Sanchez Pres & CEO of Orange and Rockland Utilities, Inc. 1966
Mr. Matthew Ketschke Pres of Consolidated Edison Company of New York, Inc. 1972
Mr. Joseph Miller VP, Controller & Principal Accounting Officer 1963
Mr. Jan C. Childress Director of Investor Relations NA
Jennifer Hensley Sr. VP of Corp. Affairs NA
Mr. Yukari Saegusa VP & Treasurer 1968
Mr. Mark A. Noyes CEO & Pres of Con Edison Clean Energy Bus.es, Inc. 1965

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