Consolidated Edison Inc
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1… Read more
Consolidated Edison Inc (ED) - Net Assets
Latest net assets as of September 2025: $24.17 Billion USD
Based on the latest financial reports, Consolidated Edison Inc (ED) has net assets worth $24.17 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($71.84 Billion) and total liabilities ($47.68 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $24.17 Billion |
| % of Total Assets | 33.64% |
| Annual Growth Rate | 4.45% |
| 5-Year Change | 15.2% |
| 10-Year Change | 68.15% |
| Growth Volatility | 5.1 |
Consolidated Edison Inc - Net Assets Trend (1994–2024)
This chart illustrates how Consolidated Edison Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Consolidated Edison Inc (1994–2024)
The table below shows the annual net assets of Consolidated Edison Inc from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.96 Billion | +3.80% |
| 2023-12-31 | $21.16 Billion | +1.29% |
| 2022-12-31 | $20.89 Billion | +2.72% |
| 2021-12-31 | $20.34 Billion | +6.67% |
| 2020-12-31 | $19.07 Billion | +4.68% |
| 2019-12-31 | $18.21 Billion | +8.16% |
| 2018-12-31 | $16.84 Billion | +9.17% |
| 2017-12-31 | $15.43 Billion | +7.82% |
| 2016-12-31 | $14.31 Billion | +9.53% |
| 2015-12-31 | $13.06 Billion | +5.77% |
| 2014-12-31 | $12.35 Billion | +0.84% |
| 2013-12-31 | $12.24 Billion | +3.17% |
| 2012-12-31 | $11.87 Billion | +1.89% |
| 2011-12-31 | $11.65 Billion | +1.51% |
| 2010-12-31 | $11.48 Billion | +10.00% |
| 2009-12-31 | $10.43 Billion | +5.27% |
| 2008-12-31 | $9.91 Billion | +7.13% |
| 2007-12-31 | $9.25 Billion | +12.02% |
| 2006-12-31 | $8.26 Billion | +9.16% |
| 2005-12-31 | $7.57 Billion | +3.55% |
| 2004-12-31 | $7.31 Billion | +9.40% |
| 2003-12-31 | $6.68 Billion | -4.45% |
| 2002-12-31 | $6.99 Billion | +17.20% |
| 2001-12-31 | $5.96 Billion | +4.22% |
| 2000-12-31 | $5.72 Billion | +1.07% |
| 1999-12-31 | $5.66 Billion | -9.78% |
| 1998-12-31 | $6.28 Billion | +0.43% |
| 1997-12-31 | $6.25 Billion | +3.27% |
| 1996-12-31 | $6.05 Billion | -1.82% |
| 1995-12-31 | $6.16 Billion | +3.52% |
| 1994-12-31 | $5.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Consolidated Edison Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 261.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $14.05 Billion | 63.97% |
| Common Stock | $37.00 Million | 0.17% |
| Other Comprehensive Income | $29.00 Million | 0.13% |
| Other Components | $7.85 Billion | 35.73% |
| Total Equity | $21.96 Billion | 100.00% |
Consolidated Edison Inc Competitors by Market Cap
The table below lists competitors of Consolidated Edison Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
American International Group Inc
NYSE:AIG
|
$41.07 Billion |
|
Larsen & Toubro Limited
PINK:LTOUF
|
$41.16 Billion |
|
Oversea-Chinese Banking Corporation Limited
PINK:OVCHF
|
$41.50 Billion |
|
Baidu Inc
NASDAQ:BIDU
|
$41.50 Billion |
|
COINBASE GLB.CL.A -00001
F:1QZ
|
$41.01 Billion |
|
Datadog Inc
NASDAQ:DDOG
|
$40.95 Billion |
|
RTX Corporation
NEO:RTX
|
$40.94 Billion |
|
Heineken
AS:HEIA
|
$40.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Consolidated Edison Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,158,000,000 to 21,962,000,000, a change of 804,000,000 (3.8%).
- Net income of 1,820,000,000 contributed positively to equity growth.
- Dividend payments of 1,100,000,000 reduced retained earnings.
- Share repurchases of 60,000,000 reduced equity.
- Other comprehensive income increased equity by 7,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.82 Billion | +8.29% |
| Dividends Paid | $1.10 Billion | -5.01% |
| Share Repurchases | $60.00 Million | -0.27% |
| Other Comprehensive Income | $7.00 Million | +0.03% |
| Other Changes | $137.00 Million | +0.62% |
| Total Change | $- | 3.80% |
Book Value vs Market Value Analysis
This analysis compares Consolidated Edison Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.83x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.55x to 1.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $25.36 | $115.46 | x |
| 1995-12-31 | $26.23 | $115.46 | x |
| 1996-12-31 | $25.75 | $115.46 | x |
| 1997-12-31 | $26.58 | $115.46 | x |
| 1998-12-31 | $26.78 | $115.46 | x |
| 1999-12-31 | $25.29 | $115.46 | x |
| 2000-12-31 | $26.90 | $115.46 | x |
| 2001-12-31 | $27.84 | $115.46 | x |
| 2002-12-31 | $28.77 | $115.46 | x |
| 2003-12-31 | $30.03 | $115.46 | x |
| 2004-12-31 | $30.79 | $115.46 | x |
| 2005-12-31 | $30.74 | $115.46 | x |
| 2006-12-31 | $32.83 | $115.46 | x |
| 2007-12-31 | $34.75 | $115.46 | x |
| 2008-12-31 | $36.22 | $115.46 | x |
| 2009-12-31 | $37.86 | $115.46 | x |
| 2010-12-31 | $39.43 | $115.46 | x |
| 2011-12-31 | $39.57 | $115.46 | x |
| 2012-12-31 | $40.30 | $115.46 | x |
| 2013-12-31 | $41.59 | $115.46 | x |
| 2014-12-31 | $42.78 | $115.46 | x |
| 2015-12-31 | $44.33 | $115.46 | x |
| 2016-12-31 | $47.36 | $115.46 | x |
| 2017-12-31 | $49.93 | $115.46 | x |
| 2018-12-31 | $53.45 | $115.46 | x |
| 2019-12-31 | $54.69 | $115.46 | x |
| 2020-12-31 | $56.14 | $115.46 | x |
| 2021-12-31 | $57.35 | $115.46 | x |
| 2022-12-31 | $58.14 | $115.46 | x |
| 2023-12-31 | $60.57 | $115.46 | x |
| 2024-12-31 | $63.24 | $115.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Consolidated Edison Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.93%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 3.21x
- Recent ROE (8.29%) is below the historical average (9.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 12.33% | 11.52% | 0.46x | 2.31x | $138.97 Million |
| 1995 | 11.75% | 11.07% | 0.47x | 2.26x | $107.64 Million |
| 1996 | 11.47% | 9.97% | 0.50x | 2.32x | $89.08 Million |
| 1997 | 11.41% | 10.01% | 0.48x | 2.36x | $87.99 Million |
| 1998 | 11.63% | 10.29% | 0.49x | 2.29x | $102.18 Million |
| 1999 | 12.61% | 9.53% | 0.48x | 2.74x | $148.04 Million |
| 2000 | 10.42% | 6.32% | 0.56x | 2.93x | $24.23 Million |
| 2001 | 11.76% | 7.22% | 0.57x | 2.88x | $104.25 Million |
| 2002 | 10.74% | 7.76% | 0.43x | 3.21x | $45.13 Million |
| 2003 | 8.12% | 5.48% | 0.47x | 3.16x | $-124.60 Million |
| 2004 | 7.39% | 5.50% | 0.43x | 3.10x | $-189.70 Million |
| 2005 | 9.56% | 6.18% | 0.47x | 3.30x | $-33.30 Million |
| 2006 | 8.97% | 6.16% | 0.45x | 3.25x | $-84.70 Million |
| 2007 | 10.00% | 7.08% | 0.46x | 3.04x | $100.00K |
| 2008 | 12.07% | 8.74% | 0.41x | 3.38x | $204.90 Million |
| 2009 | 8.40% | 6.76% | 0.38x | 3.23x | $-167.20 Million |
| 2010 | 8.90% | 7.54% | 0.37x | 3.22x | $-124.40 Million |
| 2011 | 9.12% | 8.19% | 0.33x | 3.37x | $-102.90 Million |
| 2012 | 9.61% | 9.35% | 0.30x | 3.47x | $-45.90 Million |
| 2013 | 8.67% | 8.60% | 0.30x | 3.32x | $-162.50 Million |
| 2014 | 8.68% | 8.47% | 0.29x | 3.50x | $-165.60 Million |
| 2015 | 9.14% | 9.53% | 0.27x | 3.50x | $-112.20 Million |
| 2016 | 8.71% | 10.32% | 0.25x | 3.37x | $-184.80 Million |
| 2017 | 9.89% | 12.68% | 0.25x | 3.12x | $-16.80 Million |
| 2018 | 8.26% | 11.21% | 0.23x | 3.22x | $-290.60 Million |
| 2019 | 7.45% | 10.70% | 0.22x | 3.22x | $-459.20 Million |
| 2020 | 5.84% | 9.00% | 0.19x | 3.34x | $-783.70 Million |
| 2021 | 6.72% | 9.84% | 0.22x | 3.15x | $-657.70 Million |
| 2022 | 8.02% | 10.60% | 0.23x | 3.34x | $-408.70 Million |
| 2023 | 11.91% | 17.20% | 0.22x | 3.14x | $403.20 Million |
| 2024 | 8.29% | 11.93% | 0.22x | 3.21x | $-376.20 Million |
Industry Comparison
This section compares Consolidated Edison Inc's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $30,028,837,500
- Average return on equity (ROE) among peers: 15.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Consolidated Edison Inc (ED) | $24.17 Billion | 12.33% | 1.97x | $41.05 Billion |
| Aboitiz Equity Ventures Inc (ABOIF) | $113.50 Billion | 21.11% | 0.96x | $1.55 Billion |
| Ameren Corp (AEE) | $4.55 Billion | 11.50% | 2.12x | $30.51 Billion |
| American Electric Power Co Inc (AEP) | $5.05 Billion | 9.89% | 2.11x | $71.56 Billion |
| Avangrid Inc (AGR) | $500.50 Million | 10.07% | 2.97x | $2.56 Billion |
| Central Puerto S.A. (CEPU) | $32.93 Billion | 53.20% | 0.74x | $2.49 Billion |
| CLP Holdings Ltd (CLPHY) | $126.71 Billion | 6.81% | 0.89x | $14.34 Billion |
| CMS Energy Corporation (CMS) | $4.48 Billion | 10.27% | 4.15x | $23.53 Billion |
| CenterPoint Energy Inc (CNP) | $10.04 Billion | 10.52% | 2.84x | $27.76 Billion |
| The Connecticut Light and Power Company (CNTHP) | $2.37 Billion | 9.12% | 2.52x | $512.98K |
| Caribbean Utilities Company Ltd (CUPUF) | $142.47 Million | 16.68% | 1.58x | $224.77 Million |