How does Consolidated Edison (ED) make money?

Consolidated Edison (ED) generates revenue primarily from Electricity, which accounted for 71.1% of total revenue in TTM through Q1 2026. The company reported $17.2B in revenue and converted 12.5% of it into net profit, equivalent to roughly $2.16B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Consolidated Edison (ED)?

Consolidated Edison (ED) reported a gross profit margin of 65% in TTM through Q1 2026, equivalent to $11.2B in gross profit on $17.2B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Consolidated Edison (ED)?

Consolidated Edison (ED) reported an operating profit margin of 17.3% in TTM through Q1 2026, equivalent to $2.98B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Consolidated Edison (ED)?

Consolidated Edison (ED) reported a net profit margin of 12.5% in TTM through Q1 2026, equivalent to $2.16B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Consolidated Edison (ED) profitable?

Yes. Consolidated Edison (ED) reported $2.16B in net income for TTM through Q1 2026, with a net profit margin of 12.5%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Consolidated Edison (ED) spend on capital expenditures?

Consolidated Edison (ED) spent $1.32B on capital expenditures (CapEx) during TTM through Q1 2026, roughly 7.7% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Consolidated Edison (ED) generate?

Consolidated Edison (ED) generated $2.82B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 16.4%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Consolidated Edison (ED)?

Consolidated Edison (ED) had an effective tax rate of 22.8% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Consolidated Edison (ED)?

Consolidated Edison (ED) reports revenue across 4 reportable product segments, led by Electricity at 71.1% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How Consolidated Edison Makes Money: 2026 Visual Revenue Map

Consolidated Edison (ED) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 7, 2026).

Consolidated Edison discloses geographic revenue only in annual filings. to view the full breakdown.

Consolidated Edison (ED) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Consolidated Edison (ED), TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Electricity	$12.2B	71.1%
Oil and Gas, Purchased	$4.09B	23.8%
Steam	$888M	5.2%
Non-Utility Products And Services	$3.13M	0%
Total	$17.2B	100%

Electricity$12.2B
Oil and Gas, Purchased$4.09B
Steam$888M
Non-Utility Products And Services$3.13M
Total$17.2B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Consolidated Edison (ED) reports revenue across 4 reportable product segments; the largest segment was Electricity at 71.1%, followed by Oil and Gas, Purchased (23.8%) and Steam (5.2%).

Frequently asked questions

Data & methodology

Consolidated Edison (ED) Key Financials

Charts, filings, and peer comparison for every metric

Trains Company Knowledge

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview

ED Overview

Counters

Income Statement

Cash Flow

Capital Return

How this company returns cash to shareholders — buybacks, dividends, and stock splits.

Forecast & Valuation