OverviewSuggest Edit

Con Edison is a company that engages in regulated electric, gas, and steam delivery businesses. It provides a range of energy-related products and services to its customers through its subsidiaries. In addition, it owns, operates, and develops renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects.
TypePublic
Founded1823
HQNew York, NY, US
Websiteconed.com
Employee Ratings3.8
Overall CultureB

Latest Updates

Employees (est.) (Dec 2019)14,890(-2%)
Job Openings76
Revenue (FY, 2020)$12.2 B(-2%)
Share Price (Sept 2021)$74.2
Cybersecurity ratingAMore

Key People/Management at Con Edison

Deneen L. Donnley

Deneen L. Donnley

Senior Vice President and General Counsel
Timothy P. Cawley

Timothy P. Cawley

President and Chief Executive Officer
Robert Hoglund

Robert Hoglund

Senior Vice President and Chief Financial Officer
Sylvia V. Dooley

Sylvia V. Dooley

Vice President and Corporate Secretary
Yukari Saegusa

Yukari Saegusa

Vice President and Treasurer
Jan C. Childress

Jan C. Childress

Director, Investor Relations
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Con Edison Office Locations

Con Edison has offices in New York, Burlington, Cherry Hill, Danbury and in 4 other locations
New York, NY, US (HQ)
4 Irving Pl
Burlington, MA, US
25 Corporate Dr #310
Cherry Hill, NJ, US
Cherry Tree Corporate Center 535 State Highway 38, Suite 140
Danbury, CT, US
38 Beaver Brook Rd
Falls Church, VA, US
6400 Arlington Blvd #660
Glendale, WI, US
6691 N Sidney Pl
Show all (8)

Con Edison Financials and Metrics

Con Edison Revenue

Con Edison's revenue was reported to be $12.25 b in FY, 2020
USD

Revenue (Q1, 2021)

3.7b

Net income (Q1, 2021)

420.0m

EBIT (Q1, 2021)

860.0m

Market capitalization (14-Sept-2021)

26.5b

Closing stock price (14-Sept-2021)

74.2

Cash (31-Mar-2021)

76.0m

EV

51.6b
Con Edison's current market capitalization is $26.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

12.0b12.3b12.6b12.2b

Revenue growth, %

3%2%

Cost of goods sold

5.9b6.1b5.8b

Gross profit

6.1b6.2b6.8b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

3.4b2.7b3.3b3.5b2.7b3.4b3.2b2.7b3.3b3.7b

Cost of goods sold

1.7b1.4b1.5b1.7b1.3b1.5b1.3b1.2b1.2b

Gross profit

1.7b1.3b1.8b1.8b1.5b1.9b1.9b1.6b2.2b

Gross profit Margin, %

50%49%54%51%53%57%59%57%65%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

797.0m895.0m981.0m1.3b

Accounts Receivable

1.1b1.3b1.2b1.7b

Prepaid Expenses

178.0m187.0m260.0m271.0m

Inventories

334.0m358.0m352.0m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.5b1.4b1.4b1.1b

Depreciation and Amortization

1.3b1.4b1.7b2.0b

Inventories

5.0m(20.0m)6.0m(4.0m)

Accounts Payable

95.0m(46.0m)10.0m170.0m
Quarterly
USDFY, 2017

Revenue/Employee

771.8k

Debt/Equity

1.1 x

Debt/Assets

0.3 x

Financial Leverage

3.1 x
Show all financial metrics

Con Edison Operating Metrics

FY, 2016FY, 2017FY, 2018FY, 2019

Renewable Electric Generating Capacity, MW

1.1 k1.36 k2.59 k2.63 k

Renewable Electric Production Projects (Solar), kWh

1.57 b2.16 b2.68 b5.51 b

Renewable Electric Production Projects (Wind), kWh

651 m988 m1.07 b1.33 b

Steam Sold, MMlb

19.98 k19.41 k21.76 k19.8 k
Show all operating metrics

Con Edison Acquisitions / Subsidiaries

Company NameDateDeal Size
Con Edison Clean Energy Businesses, Inc.
Consolidated Edison Company of New York, Inc.

Con Edison Revenue Breakdown

Embed Graph

Con Edison revenue breakdown by business segment: 6.9% from Non-utility, 19.0% from Gas, 69.1% from Electric and 5.0% from Other

Con Edison Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Con Edison Online and Social Media Presence

Embed Graph

Con Edison Company Culture

  • Overall Culture

    B

    80/100

  • CEO Rating

    C+

    72/100

  • Compensation

    D

    58/100

  • Diversity

    C+

    80/100

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Con Edison News and Updates

Con Edison Says It Is Cut Out To Lead The Carbon-Free Transition

New York State just closed its last nuclear unit at Indian Point. How will it achieve its aggressive CO2 goals without it? Con Edison goes on the record to discuss.

Statement from Con Edison

We are investigating a disturbance on our electric transmission system serving parts of Staten Island. 13,900 customers were without service for 7 minutes from 9:05 to 9:12 am. The initial event caused a momentary power interruption for an additional 19,000 customers and the system operated as desig…

Con Edison Winter Storm Warning: Stay Away From Downed Wires

More snow is on the way, and Con Edison is asking everyone in New York City and Westchester to be on the alert for any downed wires resulting from weakened tree limbs coming down on power lines

Leak Becomes Gas Main Fire in Harlem: Officials

A gas main caught on fire in Harlem Friday afternoon, according to authorities. Fire officials said it happened at around 1:30 p.m. at West 114th Street and Seventh Avenue in Harlem. Con Edison said crews were on the scene at the time of the fire, having responded to a reported gas leek. Both Con Ed…

Con Edison Customers Made 2020 an Impressive Year for Solar Energy

Con Edison customers continued their rapid adoption of solar energy in 2020, despite the economic and logistical challenges the coronavirus pandemic posed. Customers in New York City and Westchester County, N.Y. completed 5,542 arrays during the year. The panels customers placed on their roofs last …

Con Edison Mobilizes Emergency Forces For Nor’easter

Con Edison’s emergency response team and an additional 1,000 contractor workers are ready to repair damage and restore outages from the major nor’easter blanketing the region
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Con Edison Blogs

Con Edison Seeking New, Innovative Clean Energy Solutions to Meet Customers’ Heating & Cooking Needs

NEW YORK , Feb. 03, 2020 (GLOBE NEWSWIRE) -- Con Edison has issued a new Request for Information (RFI), to tap into the best and most promising technologies available in clean energy.  The company is seeking innovative, new solutions that will help customers reduce reliance on natural gas for their

Con Edison Climate Study Details Projected Impacts to Energy Systems Through the 21st Century

NEW YORK , Dec. 20, 2019 (GLOBE NEWSWIRE) -- Extreme heat, coastal storm surge, inland flooding and more violent storms are the most significant climate-driven impacts to Con Edison’s energy delivery systems and its customers through the 21 st century, according to a report issued today.

Con Edison Defends Strong State Auto Emission Standards

NEW YORK , Dec. 03, 2019 (GLOBE NEWSWIRE) -- Con Edison and a coalition of other major power companies have filed a petition to challenge the Trump Administration’s climate policies for the second time in three months.   The filing contests the U.S. Environmental Protection Agency and National

Con Edison Wins Two ReliabilityOne™ Awards at National Industry Conference

NEW YORK , Nov. 21, 2019 (GLOBE NEWSWIRE) -- Con Edison received two prestigious industry awards from PA Consulting at its national ReliabilityOne™ conference held in Austin last night: the 2019 Outstanding Customer Reliability Experience Award, as well as the organization’s Award for Outstanding

Con Edison to Redeem 2.00% Debentures, Series 2017 A

NEW YORK , Nov. 20, 2019 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) announced today that it will redeem all of its outstanding $400,000,000 2.00% Debentures, Series 2017 A due March 15, 2020 (CUSIP No. 209115 AD 6) (the Debentures) on December 20, 2019 (the Redemption

Con Edison Chairman & CEO John McAvoy to Present at 2019 EEI Financial Conference on November 12

Con Edison Chairman & CEO John McAvoy to Present at 2019 EEI Financial Conference on November 12 alfredo.macaba… Wed, 11/06/2019 - 16:31 Con Edison Chairman & CEO John McAvoy to Present at 2019 EEI Financial Conference on November 12 11/06/19 This rele…

Con Edison Frequently Asked Questions

  • When was Con Edison founded?

    Con Edison was founded in 1823.

  • Who are Con Edison key executives?

    Con Edison's key executives are Deneen L. Donnley, Timothy P. Cawley and Robert Hoglund.

  • How many employees does Con Edison have?

    Con Edison has 14,890 employees.

  • What is Con Edison revenue?

    Latest Con Edison annual revenue is $12.2 b.

  • What is Con Edison revenue per employee?

    Latest Con Edison revenue per employee is $822.4 k.

  • Who are Con Edison competitors?

    Competitors of Con Edison include Dominion Energy, Southern Company and FirstEnergy.

  • Where is Con Edison headquarters?

    Con Edison headquarters is located at 4 Irving Pl, New York.

  • Where are Con Edison offices?

    Con Edison has offices in New York, Burlington, Cherry Hill, Danbury and in 4 other locations.

  • How many offices does Con Edison have?

    Con Edison has 8 offices.