ED
Consolidated Edison, Inc.98.90
-0.49-0.49%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
35.70BP/E (TTM)
17.29Basic EPS (TTM)
5.72Dividend Yield
0.03%Recent Filings
8-K
Con Edison secures $3.5B credit line
Con Edison entered a $3.5B revolving credit agreement on March 11, 2026, replacing prior facilities, with full access for CECONY, $800M for the parent (expandable to $1B), and $250M for O&R (to $300M). Commitments run to 2031, extendable twice, backing commercial paper and general purposes at variable rates tied to ratings. Debt-to-capital stays under 0.65:1.
8-K
Con Edison forward sale 7M shares
Con Edison entered a forward sale agreement on February 23, 2026, with JPMorgan for 7 million common shares at an initial forward price of $110.81, expecting settlement by December 31. Physical settlement is default, with cash or net share options; forward purchaser can accelerate on events like borrow issues or excess ownership. Acceleration risks forced share issuance and dilution.
8-K
2025 earnings top guidance
Con Edison reported 2025 net income of $2,023 million or $5.66 per share, up from $1,820 million or $5.26 in 2024; adjusted earnings hit $2,038 million or $5.70 per share, topping guidance despite Honeoye impairment and MVP review costs. It guides 2026 adjusted EPS at $6.00-$6.20 with 6-7% five-year CAGR, backed by $38 billion capex through 2030. Dividend rises 52nd straight year.
10-K
FY2025 results
Con Edison posted FY2025 net income of $2,023 million ($5.66/share), up from $1,820 million ($5.26/share) in 2024, driven by higher utility rate bases and AFUDC while adjusted earnings hit $2,038 million ($5.70/share). The Utilities invested $4,946 million, with Q4 capex contributing to steady momentum amid rising peak demands (CECONY electric up 0.7% annualized, O&R 4.1%). New rate plans lock in multi-year growth, yet debt swells to fund $6.6B 2026 outlays. Solid cash flows support dividends. Regulatory audits loom over tax accounting.
8-K
CECONY refinances $500M term loan
IPO
Website
Employees
Sector
Industry
AEP
American Electric Power Company
114.57-1.20
D
Dominion Energy, Inc.
59.34-0.50
DUK
Duke Energy Corporation (Holdin
115.59-1.14
EIX
Edison International
58.32-0.77
EXC
Exelon Corporation
43.76-0.11
FE
FirstEnergy Corp.
44.03-0.58
MGEE
MGE Energy Inc.
80.24-1.55
PEG
Public Service Enterprise Group
79.93-0.67
WEC
WEC Energy Group, Inc.
104.48-0.78
WELPM
Wisconsin Electric Power Co.
105.91+0.00