Consolidated Edison Revenue vs. Current Asset

ED Stock  USD 90.05  2.60  2.97%   
Considering Consolidated Edison's profitability and operating efficiency indicators, Consolidated Edison's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Consolidated Edison's ability to earn profits and add value for shareholders. At present, Consolidated Edison's Days Of Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 2.27, whereas Operating Cash Flow Sales Ratio is forecasted to decline to 0.14. At present, Consolidated Edison's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 511.4 M, whereas Income Before Tax is forecasted to decline to about 1.6 B.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.580.505
Fairly Up
Very volatile
Net Profit Margin0.180.1718
Sufficiently Up
Slightly volatile
Operating Profit Margin0.140.218
Way Down
Pretty Stable
Pretax Profit Margin0.140.2048
Way Down
Very volatile
Return On Assets0.03590.038
Notably Down
Pretty Stable
Return On Equity0.120.1191
Slightly Up
Pretty Stable
For Consolidated Edison profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Consolidated Edison to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Consolidated Edison utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Consolidated Edison's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Consolidated Edison over time as well as its relative position and ranking within its peers.
  
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Is Consolidated Edison's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Consolidated Edison. If investors know Consolidated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Consolidated Edison listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.821
Dividend Share
3.24
Earnings Share
7.21
Revenue Per Share
42.171
Quarterly Revenue Growth
(0.15)
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Consolidated Edison Current Asset vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Consolidated Edison's current stock value. Our valuation model uses many indicators to compare Consolidated Edison value to that of its competitors to determine the firm's financial worth.
Consolidated Edison is rated # 4 in revenue category among related companies. It is one of the top stocks in current asset category among related companies fabricating about  0.26  of Current Asset per Revenue. The ratio of Revenue to Current Asset for Consolidated Edison is roughly  3.82 . The current year's Other Current Assets is expected to grow to about 520.7 M, whereas Non Current Assets Total are forecasted to decline to about 32.5 B.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Consolidated Edison by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Consolidated Edison's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Consolidated Edison's earnings, one of the primary drivers of an investment's value.

Consolidated Revenue vs. Competition

Consolidated Edison is rated # 4 in revenue category among related companies. Market size based on revenue of Utilities industry is currently estimated at about 86.26 Billion. Consolidated Edison retains roughly 14.66 Billion in revenue claiming about 17% of Utilities industry.

Consolidated Current Asset vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Consolidated Edison

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
14.66 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Consolidated Edison

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

 = 
3.84 B
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.

Consolidated Current Asset Comparison

Consolidated Edison is currently under evaluation in current asset category among related companies.

Consolidated Edison Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Consolidated Edison, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Consolidated Edison will eventually generate negative long term returns. The profitability progress is the general direction of Consolidated Edison's change in net profit over the period of time. It can combine multiple indicators of Consolidated Edison, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2024
Accumulated Other Comprehensive Income25.3 M26.6 M
Operating Income3.2 B2.3 B
Net Income2.5 B2.6 B
Income Tax Expense487 M511.4 M
Income Before TaxB1.6 B
Total Other Income Expense Net1.7 B1.8 B
Net Income Applicable To Common Shares1.9 B1.1 B
Net Income From Continuing Ops2.5 B1.5 B
Non Operating Income Net Other293.4 M308.1 M
Interest Income89.1 M84.6 M
Net Interest Income-1 B-1.1 B
Change To Netincome463.4 M486.6 M
Net Income Per E B T 0.84  0.56 

Consolidated Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Consolidated Edison. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Consolidated Edison position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Consolidated Edison's important profitability drivers and their relationship over time.

Use Consolidated Edison in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Consolidated Edison position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Consolidated Edison will appreciate offsetting losses from the drop in the long position's value.

Consolidated Edison Pair Trading

Consolidated Edison Pair Trading Analysis

The ability to find closely correlated positions to Consolidated Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Edison when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Consolidated Edison - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Consolidated Edison to buy it.
The correlation of Consolidated Edison is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Consolidated Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Edison moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Consolidated Edison can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Consolidated Edison position

In addition to having Consolidated Edison in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether Consolidated Edison is a strong investment it is important to analyze Consolidated Edison's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Consolidated Edison's future performance. For an informed investment choice regarding Consolidated Stock, refer to the following important reports:
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For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.
Note that the Consolidated Edison information on this page should be used as a complementary analysis to other Consolidated Edison's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Consolidated Stock analysis

When running Consolidated Edison's price analysis, check to measure Consolidated Edison's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Consolidated Edison is operating at the current time. Most of Consolidated Edison's value examination focuses on studying past and present price action to predict the probability of Consolidated Edison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Edison's price. Additionally, you may evaluate how the addition of Consolidated Edison to your portfolios can decrease your overall portfolio volatility.
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To fully project Consolidated Edison's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Consolidated Edison at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Consolidated Edison's income statement, its balance sheet, and the statement of cash flows.
Potential Consolidated Edison investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Consolidated Edison investors may work on each financial statement separately, they are all related. The changes in Consolidated Edison's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Consolidated Edison's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.