Consolidated Financial Statements From 2010 to 2024

ED Stock  USD 90.05  2.60  2.97%   
Consolidated Edison financial statements provide useful quarterly and yearly information to potential Consolidated Edison investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Consolidated Edison financial statements helps investors assess Consolidated Edison's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Consolidated Edison's valuation are summarized below:
Gross Profit
7.7 B
Profit Margin
0.1718
Market Capitalization
30.2 B
Enterprise Value Revenue
3.6852
Revenue
14.7 B
There are over one hundred nineteen available fundamental signals for Consolidated Edison, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of Consolidated Edison's prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road.
Check Consolidated Edison financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Consolidated main balance sheet or income statement drivers, such as Interest Expense of 971.9 M, Total Revenue of 10.8 B or Gross Profit of 6.2 B, as well as many exotic indicators such as Short Term Coverage Ratios of 0.77, Price Earnings Ratio of 11.34 or Price To Sales Ratio of 2.27. Consolidated financial statements analysis is a perfect complement when working with Consolidated Edison Valuation or Volatility modules.
  
This module can also supplement Consolidated Edison's financial leverage analysis and stock options assessment as well as various Consolidated Edison Technical models . Check out the analysis of Consolidated Edison Correlation against competitors.
For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.

Consolidated Edison Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding290.5 M349.3 M310 M
Slightly volatile
Total Assets38.4 B66.3 B48.8 B
Slightly volatile
Short and Long Term Debt Total13 B25 B17 B
Slightly volatile
Other Current Liabilities1.3 B1.6 B1.6 B
Slightly volatile
Total Current LiabilitiesB6.5 B5.1 B
Slightly volatile
Total Stockholder Equity10.7 B21.2 B12.2 B
Slightly volatile
Property Plant And Equipment Net27.6 B50.1 B35.6 B
Slightly volatile
Net Debt12.5 B23.8 B16.1 B
Slightly volatile
Retained Earnings8.2 B13.4 B9.6 B
Slightly volatile
Accounts Payable1.1 B1.8 B1.2 B
Slightly volatile
Cash1.2 B1.2 B869.1 M
Slightly volatile
Non Current Assets Total32.5 B59.8 B40.1 B
Slightly volatile
Cash And Short Term Investments1.2 B1.2 B891.6 M
Slightly volatile
Net ReceivablesB3.8 B2.3 B
Slightly volatile
Liabilities And Stockholders Equity38.4 B66.3 B48.8 B
Slightly volatile
Non Current Liabilities Total40.6 B38.7 B21.9 B
Slightly volatile
Inventory377.6 M469 M374.5 M
Slightly volatile
Other Current Assets520.7 M405 M351.3 M
Slightly volatile
Total Liabilities26.2 B45.2 B33.8 B
Slightly volatile
Total Current Assets3.6 B6.5 B4.6 B
Slightly volatile
Short Term Debt1.4 B2.7 BB
Slightly volatile
Common Stock31.6 M33.3 M129 M
Slightly volatile
Current Deferred Revenue285.2 M396 M345.9 M
Pretty Stable
Common Stock Total Equity30.8 M32.4 M130 M
Slightly volatile
Property Plant And Equipment Gross67.5 B64.3 B39.2 B
Slightly volatile
Other Liabilities19.6 B18.6 B12.1 B
Slightly volatile
Other Assets6.7 B9.2 BB
Very volatile
Long Term Debt13.2 B21.9 B14.9 B
Slightly volatile
Property Plant Equipment30.2 B53.8 B36 B
Slightly volatile
Good Will348.8 M367.2 M27.7 B
Slightly volatile
Net Tangible Assets31 B47 B28.5 B
Slightly volatile
Long Term Debt Total17.9 B23.2 B15.7 B
Slightly volatile
Capital Lease Obligations676.3 M545 M582.6 M
Slightly volatile
Long Term Investments1.4 B999 M1.1 B
Slightly volatile
Non Current Liabilities Other16.3 B19.2 B14.8 B
Slightly volatile
Short and Long Term Debt2.5 B2.5 B1.8 B
Slightly volatile
Capital Surpluse8.3 B11.3 BB
Slightly volatile
Cash And Equivalents1.1 B1.5 B948.3 M
Slightly volatile
Net Invested Capital45.1 B45.6 B37.1 B
Slightly volatile
Capital Stock39.6 M42.5 M35.5 M
Slightly volatile

Consolidated Edison Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue10.8 B14.7 B12.3 B
Slightly volatile
Gross Profit6.2 B7.4 B6.4 B
Slightly volatile
Operating Income2.3 B3.2 B2.7 B
Pretty Stable
EBIT2.2 B3.1 B2.7 B
Pretty Stable
EBITDA2.8 B5.1 BB
Pretty Stable
Net Income2.6 B2.5 B1.4 B
Slightly volatile
Depreciation And AmortizationBB1.4 B
Slightly volatile
Other Operating Expenses10.1 B12.3 B10.1 B
Slightly volatile
Cost Of RevenueB7.3 B6.2 B
Slightly volatile
Total Operating Expenses4.1 B5.1 B3.9 B
Slightly volatile
Income Before Tax1.6 BB1.8 B
Slightly volatile
Net Income Applicable To Common Shares1.1 B1.9 B1.2 B
Slightly volatile
Net Income From Continuing Ops1.5 B2.5 B1.3 B
Slightly volatile
Tax Provision332.2 M487 M472.9 M
Slightly volatile
Interest Income84.6 M89.1 M543.8 M
Slightly volatile
Reconciled DepreciationBB1.6 B
Slightly volatile

Consolidated Edison Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.6 B1.5 B886.4 M
Slightly volatile
Depreciation1.9 BB1.4 B
Slightly volatile
Capital Expenditures2.4 B4.5 B3.1 B
Slightly volatile
Total Cash From Operating Activities2.2 B2.2 B2.8 B
Pretty Stable
Net Income2.6 B2.5 B1.4 B
Slightly volatile
End Period Cash Flow1.3 B1.2 B930.8 M
Slightly volatile
Change To Liabilities996.2 M948.8 M547.2 M
Slightly volatile
Net Borrowings1.6 B2.4 B1.4 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios0.770.81249.2544
Slightly volatile
Price Earnings Ratio11.3412.556716.7515
Slightly volatile
Price To Sales Ratio2.272.15711.7972
Slightly volatile
Dividend Yield0.05150.03470.0409
Slightly volatile
Operating Cycle59.9111886.4287
Slightly volatile
Price Book Value Ratio1.31.4951.8592
Very volatile
Days Of Payables Outstanding56.1489.263672.4087
Slightly volatile
Operating Cash Flow Per Share5.86.20078.8446
Pretty Stable
Dividend Payout Ratio0.750.43510.6582
Very volatile
Price To Operating Cash Flows Ratio15.414.67088.5871
Slightly volatile
Pretax Profit Margin0.140.20480.1428
Very volatile
Inventory Turnover12.9315.475516.2865
Very volatile
Ebt Per Ebit0.790.93960.7187
Very volatile
Payables Turnover5.934.0895.2682
Slightly volatile
Operating Profit Margin0.140.2180.1967
Pretty Stable
Effective Tax Rate0.150.16220.2546
Slightly volatile
Company Equity Multiplier2.823.1354.1232
Pretty Stable
Long Term Debt To Capitalization0.40.51380.5373
Very volatile
Cash Per Share3.593.41962.7987
Slightly volatile
Total Debt To Capitalization0.420.54170.5657
Pretty Stable
Interest Coverage2.423.12413.029
Very volatile
Return On Capital Employed0.08040.05340.0612
Slightly volatile
Payout Ratio0.750.43510.6582
Very volatile
Debt Equity Ratio0.941.18211.3792
Pretty Stable
Ebit Per Revenue0.140.2180.1967
Pretty Stable
Quick Ratio0.470.77020.6291
Slightly volatile
Net Income Per E B T0.560.83880.7294
Slightly volatile
Cash Ratio0.10.1840.1691
Slightly volatile
Operating Cash Flow Sales Ratio0.140.1470.2193
Slightly volatile
Days Of Inventory Outstanding29.1323.585725.2691
Pretty Stable
Days Of Sales Outstanding99.0194.293165.7083
Slightly volatile
Cash Flow Coverage Ratios0.08190.08620.1801
Slightly volatile
Price To Book Ratio1.31.4951.8592
Very volatile
Current Ratio1.021.01160.9265
Pretty Stable
Fixed Asset Turnover0.570.29240.3865
Slightly volatile
Price Cash Flow Ratio15.414.67088.5871
Slightly volatile
Enterprise Value Multiple7.1510.86439.7242
Slightly volatile
Debt Ratio0.260.3770.3323
Slightly volatile
Cash Flow To Debt Ratio0.08190.08620.1801
Slightly volatile
Price Sales Ratio2.272.15711.7972
Slightly volatile
Return On Assets0.03590.0380.0285
Pretty Stable
Receivables Turnover3.683.87096.0054
Slightly volatile
Asset Turnover0.410.22110.2784
Slightly volatile
Net Profit Margin0.180.17180.1092
Slightly volatile
Gross Profit Margin0.580.5050.5175
Very volatile
Price Fair Value1.31.4951.8592
Very volatile
Return On Equity0.120.11910.1149
Pretty Stable

Consolidated Fundamental Market Drivers

Forward Price Earnings16.4745
Cash And Short Term Investments1.2 B

Consolidated Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Consolidated Edison Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Consolidated Edison income statement, its balance sheet, and the statement of cash flows. Consolidated Edison investors use historical funamental indicators, such as Consolidated Edison's revenue or net income, to determine how well the company is positioned to perform in the future. Although Consolidated Edison investors may use 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. We offer a historical overview of the basic patterns found on Consolidated Edison Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Consolidated Edison. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue396 M285.2 M
Total Revenue14.7 B10.8 B
Cost Of Revenue7.3 BB
Ebit Per Revenue 0.22  0.14 

Consolidated Edison Investors Sentiment

The influence of Consolidated Edison's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Consolidated. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Consolidated Edison's public news can be used to forecast risks associated with an investment in Consolidated. The trend in average sentiment can be used to explain how an investor holding Consolidated can time the market purely based on public headlines and social activities around Consolidated Edison. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Consolidated Edison's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Consolidated Edison's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Consolidated Edison's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Consolidated Edison.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Consolidated Edison in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Consolidated Edison's short interest history, or implied volatility extrapolated from Consolidated Edison options trading.

Pair Trading with Consolidated Edison

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.

Moving against Consolidated Stock

  0.55PCG-PI Pacific Gas AndPairCorr
  0.49PCG-PG Pacific Gas AndPairCorr
  0.48PCG-PH Pacific Gas AndPairCorr
  0.48PCG-PD Pacific Gas AndPairCorr
  0.44PCG-PB Pacific Gas AndPairCorr
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
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:
Check out the analysis of Consolidated Edison Correlation against competitors.
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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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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.