Consolidated Historical Income Statement

ED Stock  USD 90.81  0.76  0.84%   
Historical analysis of Consolidated Edison income statement accounts such as Gross Profit of 6.2 B can show how well Consolidated Edison performed in making a profits. Evaluating Consolidated Edison income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Consolidated Edison's future profits or losses.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Consolidated Edison latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Consolidated Edison is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.

About Consolidated Income Statement Analysis

Consolidated Edison Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Consolidated Edison shareholders. The income statement also shows Consolidated investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Consolidated Edison Income Statement Chart

Consolidated Edison Income Statement is one of the three primary financial statements used for reporting Consolidated's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Consolidated Edison revenue and expense. Consolidated Edison Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Consolidated Edison's Income Tax Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 1.8 B, whereas Total Revenue is forecasted to decline to about 10.8 B.

Total Revenue

Total revenue comprises all receipts Consolidated Edison generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Consolidated Edison minus its cost of goods sold. It is profit before Consolidated Edison operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Consolidated Edison operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Consolidated Edison is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Consolidated Edison's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Consolidated Edison current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.At present, Consolidated Edison's Income Tax Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 1.8 B, whereas Total Revenue is forecasted to decline to about 10.8 B.
 2021 2022 2023 2024 (projected)
Gross Profit7.7B7.7B7.4B6.2B
Total Revenue13.7B15.7B14.7B10.8B

Consolidated Edison income statement Correlations

0.760.53-0.61-0.62-0.040.660.450.790.760.570.480.39-0.04-0.420.240.880.52-0.01-0.03-0.63-0.21-0.740.71
0.760.48-0.71-0.72-0.090.410.710.770.970.840.450.57-0.09-0.010.290.910.40.07-0.23-0.16-0.21-0.240.42
0.530.48-0.05-0.040.410.34-0.030.660.49-0.040.980.23-0.22-0.55-0.340.480.41-0.14-0.3-0.53-0.15-0.550.7
-0.61-0.71-0.050.990.73-0.28-0.88-0.25-0.7-0.77-0.06-0.17-0.01-0.37-0.4-0.750.05-0.04-0.030.060.020.05-0.02
-0.62-0.72-0.040.990.73-0.3-0.89-0.25-0.7-0.78-0.05-0.2-0.04-0.34-0.4-0.760.02-0.05-0.080.050.030.05-0.01
-0.04-0.090.410.730.73-0.04-0.660.46-0.12-0.340.330.17-0.27-0.61-0.25-0.190.39-0.1-0.25-0.26-0.06-0.270.46
0.660.410.34-0.28-0.3-0.040.380.460.550.390.390.620.65-0.390.180.620.810.51-0.09-0.26-0.74-0.690.64
0.450.71-0.03-0.88-0.89-0.660.380.190.720.820.010.510.310.50.450.740.170.350.020.31-0.270.12-0.1
0.790.770.66-0.25-0.250.460.460.190.740.50.570.49-0.24-0.540.150.720.58-0.02-0.28-0.5-0.24-0.570.77
0.760.970.49-0.7-0.7-0.120.550.720.740.850.50.60.09-0.050.270.890.480.22-0.27-0.12-0.41-0.310.5
0.570.84-0.04-0.77-0.78-0.340.390.820.50.85-0.040.540.140.250.530.750.290.28-0.140.13-0.31-0.030.17
0.480.450.98-0.06-0.050.330.390.010.570.5-0.040.26-0.07-0.51-0.370.450.43-0.03-0.28-0.44-0.26-0.540.67
0.390.570.23-0.17-0.20.170.620.510.490.60.540.260.54-0.010.250.610.860.610.040.25-0.6-0.170.23
-0.04-0.09-0.22-0.01-0.04-0.270.650.31-0.240.090.14-0.070.540.10.140.090.540.750.160.42-0.76-0.09-0.04
-0.42-0.01-0.55-0.37-0.34-0.61-0.390.5-0.54-0.050.25-0.51-0.010.10.38-0.08-0.440.10.020.720.20.81-0.79
0.240.29-0.34-0.4-0.4-0.250.180.450.150.270.53-0.370.250.140.380.330.130.15-0.060.16-0.060.13-0.12
0.880.910.48-0.75-0.76-0.190.620.740.720.890.750.450.610.09-0.080.330.530.11-0.08-0.3-0.25-0.440.47
0.520.40.410.050.020.390.810.170.580.480.290.430.860.54-0.440.130.530.520.01-0.14-0.66-0.580.57
-0.010.07-0.14-0.04-0.05-0.10.510.35-0.020.220.28-0.030.610.750.10.150.110.520.230.52-0.830.0-0.03
-0.03-0.23-0.3-0.03-0.08-0.25-0.090.02-0.28-0.27-0.14-0.280.040.160.02-0.06-0.080.010.230.060.1-0.03-0.39
-0.63-0.16-0.530.060.05-0.26-0.260.31-0.5-0.120.13-0.440.250.420.720.16-0.3-0.140.520.06-0.230.8-0.7
-0.21-0.21-0.150.020.03-0.06-0.74-0.27-0.24-0.41-0.31-0.26-0.6-0.760.2-0.06-0.25-0.66-0.830.1-0.230.3-0.4
-0.74-0.24-0.550.050.05-0.27-0.690.12-0.57-0.31-0.03-0.54-0.17-0.090.810.13-0.44-0.580.0-0.030.80.3-0.87
0.710.420.7-0.02-0.010.460.64-0.10.770.50.170.670.23-0.04-0.79-0.120.470.57-0.03-0.39-0.7-0.4-0.87
Click cells to compare fundamentals

Consolidated Edison Account Relationship Matchups

Consolidated Edison income statement Accounts

201920202021202220232024 (projected)
Interest Expense991M1.0B919M951M1.0B971.9M
Total Revenue12.6B12.2B13.7B15.7B14.7B10.8B
Gross Profit6.8B7.1B7.7B7.7B7.4B6.2B
Operating Income2.7B2.7B2.8B2.6B3.2B2.3B
Ebit2.7B2.7B2.8B2.6B3.1B2.2B
Ebitda4.3B4.4B4.7B5.1B5.1B2.8B
Net Income1.3B1.1B1.3B1.7B2.5B2.6B
Income Tax Expense296M90M190M498M487M511.4M
Depreciation And Amortization1.6B1.7B1.9B2.4B2.0B1.0B
Other Operating Expenses9.9B9.6B10.9B13.0B12.3B10.1B
Cost Of Revenue5.8B5.1B6.0B8.0B7.3B6.0B
Total Operating Expenses4.1B4.5B4.8B5.1B5.1B4.1B
Income Before Tax1.7B1.2B1.4B2.1B3.0B1.6B
Total Other Income Expense Net(940M)(1.4B)(1.4B)(526M)1.7B1.8B
Net Income Applicable To Common Shares1.3B1.1B1.3B1.7B1.9B1.1B
Selling General Administrative2.4B2.6B2.8B3.0B3.5B3.3B
Net Income From Continuing Ops1.4B1.4B1.1B1.6B2.5B1.5B
Non Operating Income Net Other51M(401M)(538M)326M293.4M308.1M
Minority Interest97M43M(153M)(60M)3M2.9M
Tax Provision296M90M190M498M487M332.2M
Interest Income779M795M891M99M89.1M84.6M
Net Interest Income(991M)(1.0B)(905M)(852M)(1.0B)(1.1B)
Reconciled Depreciation1.7B1.9B2.0B2.1B2.0B2.0B

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

  0.52PCG-PH Pacific Gas AndPairCorr
  0.51PCG-PG Pacific Gas AndPairCorr
  0.51PCG-PI Pacific Gas AndPairCorr
  0.5PCG-PD Pacific Gas AndPairCorr
  0.47PCG-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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
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 CEOs Directory module to screen CEOs from public companies around the world.

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.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Bonds Directory
Find actively traded corporate debentures issued by US companies
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
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.