Consolidated Edison, Inc., commonly known as Con Edison or Con Ed, is one of the largest investor-owned energy companies in the United States. The Company provides a wide range of energy-related products and services to its customers through its subsidiaries: Consolidated Edison Company of New York, Inc., (CECONY), a regulated utility providing electric and gas service in New York City and Westchester County, New York, and steam service in the borough of Manhattan; Orange and Rockland Utilities, Inc., a regulated utility serving customers in southeastern New York and northern New Jersey; Con Edison Solutions, an energy services company; Con Edison Energy, a wholesale energy services company; Con Edison Development, a company that owns and operates renewable and energy infrastructure projects, and, Con Edison Transmission, Inc., which invests in electric and natural gas transmission projects.

Employee Rating

3.8More
TypePublic
HQNew York, US
Founded1823
Size (employees)15,591 (est)+5%
Websiteconed.com
Consolidated Edison was founded in 1823 and is headquartered in New York, US
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Key People/Management at Consolidated Edison

Terry Akin

Terry Akin

CEO
Noel Burt

Noel Burt

Executive Vice President, People & Corporate Services, Executive Vice President, People & Corporate Services
Mary Jo Cagle

Mary Jo Cagle

Chief Clinical Officer
Joan Evans

Joan Evans

Executive Vice President, Innovation and Transformation
Bob Goldstein

Bob Goldstein

Executive Vice President, Ambulatory and Physician Enterprise
Jeff Jones

Jeff Jones

Executive Vice President & Chief Financial Officer
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Consolidated Edison Office Locations

Consolidated Edison has an office in New York
New York, US (HQ)
4 Irving Pl
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Consolidated Edison Financials and Metrics

Consolidated Edison Revenue

Consolidated Edison's revenue was reported to be $12.03 b in FY, 2017
USD

Revenue (Q3, 2018)

3.3b

Net income (Q3, 2018)

435.0m

EBIT (Q3, 2018)

826.0m

Market capitalization (14-Dec-2018)

26.1b

Closing stock price (14-Dec-2018)

83.8
Consolidated Edison's current market capitalization is $26.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

12.4b12.9b12.6b12.1b12.0b

Revenue growth, %

5%(3%)(4%)

Operating expense total

9.4b

Depreciation and amortization

1.3b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

3.5b3.8b2.9b3.4b3.6b2.8b3.4b3.2b2.8b3.4b3.2b2.6b3.2b3.4b2.7b3.3b

Operating expense total

2.6b3.1b2.5b2.6b2.9b2.3b2.6b2.5b2.3b2.6b2.5b2.2b2.3b2.6b2.3b2.5b

Depreciation and amortization

258.0m261.0m265.0m270.0m276.0m285.0m297.0m302.0m305.0m329.0m332.0m337.0m348.0m354.0m360.0m

EBIT

855.0m685.0m455.0m819.0m726.0m472.0m830.0m642.0m515.0m940.0m771.0m423.0m873.0m755.0m426.0m826.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Current Assets

3.9b3.9b3.8b3.4b3.5b

PP&E

27.8b29.3b31.1b33.0b35.3b

Goodwill

429.0m429.0m429.0m428.0m428.0m

Total Assets

40.6b44.3b45.6b48.3b48.1b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1.1b1.1b1.2b1.2b1.5b

Depreciation and Amortization

1.3b

Accounts Payable

(118.0m)(9.0m)(79.0m)29.0m95.0m

Cash From Operating Activities

2.6b2.8b3.3b3.5b3.4b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

828.0m361.0m574.0m1.0b370.0m589.0m1.0b310.0m542.0m1.0b388.0m563.0m1.0b428.0m616.0m1.1b

Depreciation and Amortization

764.0m261.0m526.0m796.0m279.0m555.0m840.0m297.0m599.0m905.0m329.0m662.0m998.0m348.0m702.0m1.1b

Accounts Payable

(193.0m)113.0m21.0m54.0m(58.0m)(158.0m)83.0m(84.0m)(21.0m)142.0m(78.0m)(94.0m)(54.0m)30.0m(61.0m)(8.0m)

Cash From Operating Activities

1.2b1.3b1.8b559.0m1.5b2.2b524.0m1.6b2.3b448.0m1.6b2.2b143.0m1.0b1.6b
USDY, 2018

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.1 x
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Consolidated Edison Online and Social Media Presence

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Consolidated Edison Company Life and Culture

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Consolidated Edison Frequently Asked Questions

  • When was Consolidated Edison founded?

    Consolidated Edison was founded in 1823.

  • Who are Consolidated Edison key executives?

    Consolidated Edison's key executives are Terry Akin, Noel Burt and Mary Jo Cagle.

  • How many employees does Consolidated Edison have?

    Consolidated Edison has 15,591 employees.

  • What is Consolidated Edison revenue?

    Latest Consolidated Edison annual revenue is $12 b.

  • What is Consolidated Edison revenue per employee?

    Latest Consolidated Edison revenue per employee is $771.8 k.

  • Who are Consolidated Edison competitors?

    Competitors of Consolidated Edison include DTE Energy Company, Calpine and Burgenland.

  • Where is Consolidated Edison headquarters?

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

  • Where are Consolidated Edison offices?

    Consolidated Edison has an office in New York.

  • How many offices does Consolidated Edison have?

    Consolidated Edison has 1 office.