Consolidated Edison, Inc. (ED) Valuation — DCF, Graham & Comparables

Consolidated Edison, Inc. (ED) — Price $116.64 (closing price, October 30, 2026) — Utilities — Regulated Electric — NYSE

Latest reported results:

Valuation dashboard for Consolidated Edison, Inc. (ED) with P/E 19.15, P/B 1.67, EV/EBITDA 9.48 and dividend yield 3.01%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Utilities companies.

Consolidated Edison, Inc., through its various subsidiaries, primarily operates in the regulated sectors of electricity, natural gas, and steam distribution across the United States. The company supplies electric power to approximately 3.5 million households and businesses in New York City and Westchester County.

Analysis Summary

Consolidated Edison, Inc. reported revenue of $16.92B in the most recent fiscal year, growing at a 5-year CAGR of 6.7%. Net income reached $2.02B, with a 12.9% 5-year CAGR.

Trailing-twelve-month margins: gross margin 61.6%, operating margin 18.0%, net margin 12.5%.

At $116.64 (closing price, October 30, 2026), ED trades at a P/E of 19.15 and an ROE of 8.90%. Market capitalisation stands at $43.0B, placing it among large-cap names.

Balance sheet quality for ED: current ratio of 1.0. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio19.15
Price / Book1.67
EV / EBITDA9.48
Dividend Yield3.01%

Valuation Models

DCF Fair Value$71.33
vs Current Price-38.8%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
EDConsolidated Edison, Inc.$43.0B19.151.678.9%
LNTAlliant Energy Corporation$18.6B19.962.3812.4%
SOThe Southern Company$107.8B22.642.6912.6%
DUKDuke Energy Corporation$99.3B19.131.819.9%
PEGPublic Service Enterprise Group Incorporated$37.0B18.492.1411.7%
WECWEC Energy Group, Inc.$37.8B21.072.6012.8%
DTEDTE Energy Company$28.2B21.272.3210.8%
FEFirstEnergy Corp.$27.2B22.612.099.4%

Price

Price$116.64 (closing price, October 30, 2026)
Market Cap$43.0B
ExchangeNYSE
CountryUS

Profitability

Return on Equity8.90%
Return on Invested Capital3.36%
Return on Assets2.90%
Gross Margin61.56%
Operating Margin17.98%
Net Margin12.53%

Related companies: LNT · SO · DUK · PEG · WEC · DTE · FE · EIX

Explore sector: Utilities · Regulated Electric

More sections of ED: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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