Stock Analysis
Consolidated Edison, Inc.ED
P/E 18.73×· 5Y range 12.02–28.41×· 46th percentile of history
Sector: Utilities · Industry: Electric & Other Services Combined
AnalystsSell26 analystsP/E 18.7× sits at the 46th percentile of its 5.086926762491444-year history.
Cash covers 5% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Quality72
- Growth64
Risks
- Financial Health30
Mixed picture — no clear quality or value edge.
Market context
+2.2% today· Z 2.2σ
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
What's happening with ED
Profile
financial health, valuation and moat lag behind.
How is each axis scored?
- Valuation44/100 · Weak
- P/E vs own history (46th pct)12/25
- FCF yield (-2.1%)0/25
- P/S (2.3x)20/25
- EV/EBIT (21.5x)12/25
- Growth64/100 · Moderate
- Revenue CAGR (5.5%)12/25
- Net income CAGR (10.7%)20/25
- EPS CAGR 5Y (10.0%)12/25
- Fwd implied growth (15.2%)20/25
- Profitability57/100 · Moderate
- ROIC (4.8%)5/25
- ROE (8.6%)12/25
- Net margin (12.5%)20/25
- Operating margin (18.0%)20/25
- Financial Health30/100 · Weak
- Altman Z (0.99)3/25
- Current ratio (1.27)12/25
- Interest coverage (2.8x)10/25
- Net cash / debt (D/A 35%)5/25
- Quality72/100 · Moderate
- Piotroski F (7/9)22/25
- Beneish M (-2.59)25/25
- FCF conversion (-39%)0/25
- Margin stability (σ 3.8%)25/25
- Moat48/100 · Weak
- ROIC >12% years (0/9 yrs)0/25
- Median gross margin (58.7%)25/25
- FCF-positive years (3/7 yrs)5/25
- Worst-year net margin (worst 9.0%)18/25
Risk Flags
- ⚠Altman Z 1.0 — distress-zone balance sheet
- ⚠Negative FCF margin (-0.0%) — burning cash
- ⚠Interest coverage 2.8× — thin debt cushion
About Consolidated Edison, Inc.
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. Show more
These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.
Headquarters: NEW YORK, NY · Employees: 15,407 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
44D+P/E (TTM)18.7xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 12.0x–28.4x · 46th pct
P/FCF60.4xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · CapEx exceeds operating cash flow (122% of OCF) — reported FCF understates normalized earning power in this investment phase
FCF Yield-2.1%D
Grade D: NegativeTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -2.3%–-1.6% · 71st pct · CapEx exceeds operating cash flow (122% of OCF) — reported FCF understates normalized earning power in this investment phase
P/S (TTM)2.35xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 1.9x–2.5x · 83rd pct
EV/EBIT21.5xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 14.1x–23.5x · 75th pct
EV/Sales3.8xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E16.3xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.61xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.58C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield2.99%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio54.8%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
CapEx exceeds OCF: CapEx exceeds operating cash flow (122% of OCF) — reported FCF understates normalized earning power in this investment phase
Profitability
57CROIC4.8%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE8.6%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA3.0%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin12.5%A
Grade A: HighNet Income / Revenue
Operating Margin18.0%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin58.9%A
Grade A: PremiumGross Profit / Revenue
FCF Margin-4.9%D
Grade D: LowFCF / Revenue · CapEx exceeds operating cash flow (122% of OCF) — reported FCF understates normalized earning power in this investment phase
True FCF Margin-4.9%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · CapEx exceeds operating cash flow (122% of OCF) — reported FCF understates normalized earning power in this investment phase
Growth
64BRevenue CAGR5.5%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR10.7%C
Grade C: OkCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)10.0%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth15.2%C
Grade C: MedAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+7.3%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
30DAltman Z-Score0.99D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.27xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.09xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage2.8xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF · CapEx exceeds operating cash flow (122% of OCF) — reported FCF understates normalized earning power in this investment phase
Net Debt/EBIT8.4xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity1.10xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.05xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
72B+Piotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.59A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion-38.9%D
Grade D: PoorFCF / Net Income · CapEx exceeds operating cash flow (122% of OCF) — reported FCF understates normalized earning power in this investment phase
Margin Stability3.8%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue27.2%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.24xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
RANGER MICHAEL W Filed | RANGER MICHAEL W | Grant / award | +477 | |
Miller Joseph Filed | Miller Joseph | BuyOpen market buy | +1 | |
Andrews Kirkland B Filed | Andrews Kirkland B | Tax withholding | -8524 | |
Farhadian Weinstein Tali Filed | Farhadian Weinstein Tali | Grant / award | +1.3K | |
RANGER MICHAEL W Filed | RANGER MICHAEL W | Grant / award | +441 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Miller Joseph Filed | Miller Joseph | BuyOpen market buy | +1 | |
SUTHERLAND L FREDERICK Filed | SUTHERLAND L FREDERICK | Grant / award | +1.6K | |
Cavanagh Brendan Thomas Filed | Cavanagh Brendan Thomas | Grant / award | +1.6K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
48D+ROIC >12% Years0/9 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)58.7%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years3/7 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor9.0%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$5.99
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.97
Cash & short-term investments per share (Finnhub)
Book Value / Share$69.51
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$28.32B
Total debt obligations (short + long term)
Cash & Equiv.$1.47B
Cash and short-term investments
Net Debt$26.85B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$25.72B
Shareholders' equity (book value)
Asset / Liability1.51xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$41.52B
Current Market Capitalization
Beta0.25B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Consolidated Edison, Inc. (ED)
ED is up 2.18% at the last close. Consolidated Edison, Inc. meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 0.99 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.59 suggests a low likelihood of earnings manipulation.
- Free-cash-flow margin is negative (-5%) — the business currently burns cash.
- Company has negative FCF, making debt repayment from operations difficult.
- The stock currently yields 3.0% in dividends.
See how ED ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all ED moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 112.34 | +2.26% | 2.28 |
| Oct 16 | After-hours | 112.26 | +2.18% | 2.20 |
| Oct 6 | After-hours | 105.12 | +1.68% | 2.36 |
Frequently Asked Questions about ED
What is the current Consolidated Edison, Inc. (ED) stock price?
ED is trading at $112.26 at the last market close, up 2.18% on the session. PreMarketPrice tracks ED pre-market, intraday and after-hours prices.
Is ED stock a buy right now?
PreMarketPrice's quantitative model rates Consolidated Edison, Inc.'s financial health at 30/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is ED stock overvalued?
Consolidated Edison, Inc. trades at a trailing P/E of 18.7 and our valuation score rates it 44/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Consolidated Edison, Inc. report earnings?
No confirmed earnings date is currently scheduled for ED. The Earnings section lists recent reports and updates as dates are announced.
What sector does Consolidated Edison, Inc. operate in?
Consolidated Edison, Inc. operates in the Utilities sector, within the Electric & Other Services Combined industry. The Related Stocks section lists sector peers for comparison.
What does Consolidated Edison, Inc. do?
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R.
About Consolidated Edison, Inc. (ED) Stock
Consolidated Edison, Inc. (ED) is a US-listed stock operating in the Utilities sector, specifically the Electric & Other Services Combined industry. As of the latest update, Consolidated Edison, Inc. is trading at $112.26, up 2.18% on the day with a market capitalization of $41.5 billion. The financial health score for ED is 30/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for ED stock.
ED Stock Analysis & Key Metrics
On PreMarketPrice, you can track Consolidated Edison, Inc. (ED) across multiple dimensions:
- Pre-market price & movement: Real-time ED stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for ED with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Consolidated Edison, Inc. across multiple reporting periods.
- Financial health score: A composite score of 30/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for ED.
- Sector peers: Compare ED against 6 other utilities stocks on key financial metrics.
Is ED a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Consolidated Edison, Inc. (ED) as an investment. The financial health score of 30/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Consolidated Edison, Inc. (ED) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.