Consolidated Edison (ED) financials
Consolidated Edison revenue and earnings by year
Consolidated Edison's revenue was $16.9 billion in the fiscal year to December 31, 2025, up 10.9% from the year before. Net income was $2.02 billion, 12.0% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 3.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.9 | 15.3 | 14.7 | 15.7 | 13.7 | 12.2 | 12.6 | 12.3 | 12.0 | 12.1 |
| Revenue growth | 10.9% | 4.0% | -6.4% | 14.6% | 11.7% | -2.6% | 1.9% | 2.5% | -0.3% | — |
| Gross profit | 9.0 | 8.2 | 7.4 | 7.7 | 7.7 | 7.1 | 6.8 | 6.2 | 6.3 | 5.9 |
| Gross margin | 53.3% | 53.5% | 50.5% | 49.0% | 56.1% | 58.4% | 53.8% | 50.6% | 52.1% | 49.1% |
| Operating income | 2.9 | 2.7 | 3.2 | 2.6 | 2.8 | 2.7 | 2.7 | 2.7 | 2.8 | 2.8 |
| Operating margin | 17.3% | 17.5% | 21.8% | 16.7% | 20.7% | 21.7% | 21.3% | 21.6% | 23.0% | 23.0% |
| Net income | 2.0 | 1.8 | 2.5 | 1.7 | 1.3 | 1.1 | 1.3 | 1.4 | 1.5 | 1.2 |
| Net margin | 12.0% | 11.9% | 17.2% | 10.6% | 9.8% | 9.0% | 10.7% | 11.2% | 12.7% | 10.3% |
| Diluted EPS | $5.64 | $5.24 | $7.21 | $4.66 | $3.85 | $3.28 | $4.08 | $4.42 | $4.94 | $4.12 |
| Free cash flow | 0.0 | -1.2 | -2.3 | -0.2 | -1.2 | -1.7 | -0.4 | -1.0 | -0.1 | -1.0 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open ED in Markets.
How Consolidated Edison makes money
Revenue by segment in the quarter to March 31, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Electricity | $3.04B | 59.6% |
| Oil & Gas Purchased | $1.62B | 31.9% |
| Steam | $432M | 8.5% |
| Non Utility Products & Services | $1.00M | 0.0% |
See also: ED valuation and P/E history · ED returns
No forecast, no recommendation. This page describes Consolidated Edison from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.