Consolidated Edison Inc. (ED) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
4 IRVING PLACE NEW YORK, NY 10003 |
| State of Incorp. | NY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4931 - Electric and Other Services Combined (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,324 | 1,189 | 1,282 | 992 | 1,272 | 981 | |||
| Cash and cash equivalent | 1,324 | 1,189 | 1,282 | 992 | 1,272 | 981 | |||
| Restricted cash and investments | 154 | 164 | 236 | ||||||
| Receivables | 2,544 | 2,406 | 2,192 | 1,934 | 1,720 | 1,252 | |||
| Prepaid expense | 445 | 470 | 264 | 295 | 271 | 260 | |||
| Derivative instruments and hedges, assets | 15 | 52 | 59 | ||||||
| Regulatory asset | 141 | 281 | 305 | 206 | 266 | 128 | |||
| Disposal group, including discontinued operation | 133 | 163 | 7,162 | ||||||
| Other current assets | 194 | 124 | 176 | 361 | 231 | 200 | |||
| Other undisclosed current assets | 1,868 | 1,852 | 1,532 | 1,609 | 1,377 | 1,215 | |||
| Total current assets: | 6,664 | 6,537 | 12,972 | 5,551 | 5,301 | 4,272 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 52,165 | 49,608 | 46,766 | 48,596 | 46,555 | 43,889 | |||
| Long-term investments and receivables | 1,126 | 999 | 841 | 853 | 1,816 | 2,065 | |||
| Long-term investments | 1,126 | 999 | 841 | 853 | 1,816 | 2,065 | |||
| Other noncurrent assets | 10,607 | 9,187 | 8,486 | 8,116 | 9,223 | 7,853 | |||
| Total noncurrent assets: | 63,898 | 59,794 | 56,093 | 57,565 | 57,594 | 53,807 | |||
| TOTAL ASSETS: | 70,562 | 66,331 | 69,065 | 63,116 | 62,895 | 58,079 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,072 | 2,143 | 2,326 | 1,865 | 1,882 | 1,495 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 151 | 149 | 153 | ||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 104 | 150 | 76 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 113 | 108 | 102 | ||
| Accounts payable | 1,676 | 1,775 | 1,955 | 1,497 | 1,475 | 1,164 | |||
| Accrued liabilities | 396 | 368 | 371 | ||||||
| Debt | 2,670 | 2,540 | 1,402 | 1,928 | 3,838 | 3,203 | |||
| Derivative instruments and hedges, liabilities | 52 | 193 | 42 | 152 | 238 | 123 | |||
| Regulatory liability | 102 | 145 | 374 | 185 | 36 | 102 | |||
| Disposal group, including discontinued operation | 79 | 76 | 3,610 | ||||||
| Other liabilities | 481 | 411 | 444 | 461 | 426 | 371 | |||
| Other undisclosed current liabilities | 977 | 954 | 3,138 | 836 | 934 | 993 | |||
| Total current liabilities: | 6,433 | 6,462 | 11,336 | 5,427 | 7,354 | 6,287 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 22,439 | 23,321 | 21,146 | 809 | |||||
| Long-term debt, excluding current maturities | 22,439 | 22,604 | 20,382 | ||||||
| Liabilities, other than long-term debt, including: | 17,516 | 16,784 | 16,693 | 14,749 | 16,094 | 7,607 | |||
| Asset retirement obligations | 453 | 522 | 500 | 577 | 576 | 425 | |||
| Liability, pension and other postretirement and postemployment benefits | 551 | 592 | 577 | 737 | 2,257 | 1,516 | |||
| Accrued environmental loss contingencies | 1,037 | 1,118 | 997 | 940 | 857 | 734 | |||
| Regulatory liability | 5,444 | 5,328 | 6,027 | 4,381 | 4,513 | 4,827 | |||
| Operating lease, liability | 386 | 429 | 476 | 717 | 764 | 809 | |||
| Derivative instruments and hedges, liabilities | 96 | 121 | 13 | 84 | 240 | 105 | |||
| Other undisclosed liabilities, other than long-term debt | 9,549 | 8,674 | 8,103 | 8,030 | 7,651 | ||||
| Other undisclosed noncurrent liabilities | 24,651 | 21,927 | (2,292) | (717) | (764) | 6,636 | |||
| Total noncurrent liabilities: | 42,167 | 38,711 | 36,840 | 37,353 | 36,476 | 15,052 | |||
| Other undisclosed liabilities | 18,527 | ||||||||
| Total liabilities: | 48,600 | 45,173 | 48,176 | 42,780 | 43,830 | 39,866 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 29 | 21,158 | 20,687 | 20,037 | 18,847 | 18,022 | |||
| Accumulated other comprehensive income (loss) | 29 | 22 | 22 | 5 | (25) | (19) | |||
| Other undisclosed equity, attributable to parent | 21,136 | 20,665 | 20,032 | 18,872 | 18,041 | ||||
| Equity, attributable to noncontrolling interest | 202 | 299 | 218 | 191 | |||||
| Other undisclosed equity | 21,933 | ||||||||
| Total equity: | 21,962 | 21,158 | 20,889 | 20,336 | 19,065 | 18,213 | |||
| TOTAL LIABILITIES AND EQUITY: | 70,562 | 66,331 | 69,065 | 63,116 | 62,895 | 58,079 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 15,256 | 14,663 | 15,670 | 13,676 | 12,246 | 12,574 | ||
| Gross profit: | 15,256 | 14,663 | 15,670 | 13,676 | 12,246 | 12,574 | ||
| Operating expenses | (12,524) | (12,332) | (13,046) | (10,850) | (9,592) | (9,898) | ||
| Other undisclosed operating income (loss) | (62) | 865 | ||||||
| Operating income: | 2,670 | 3,196 | 2,624 | 2,826 | 2,654 | 2,676 | ||
| Nonoperating income (expense) | 655 | 830 | 326 | (538) | (401) | 51 | ||
| Investment income, nonoperating | 62 | 62 | 20 | (420) | (214) | 96 | ||
| Public utilities, allowance for funds used during construction, capitalized cost of equity | 38 | 26 | 19 | 21 | 17 | 14 | ||
| Other nonoperating expense | (80) | (92) | (115) | (161) | (227) | (104) | ||
| Interest and debt expense | (1,250) | (1,023) | (852) | (905) | (1,019) | (991) | ||
| Income from continuing operations before equity method investments, income taxes: | 2,075 | 3,003 | 2,098 | 1,383 | 1,234 | 1,736 | ||
| Other undisclosed income from continuing operations before income taxes | 63 | |||||||
| Income from continuing operations before income taxes: | 2,138 | 3,003 | 2,098 | 1,383 | 1,234 | 1,736 | ||
| Income tax expense | (318) | (487) | (498) | (190) | (90) | (296) | ||
| Income from continuing operations: | 1,820 | 2,516 | 1,600 | 1,193 | 1,144 | 1,440 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 1,193 | 1,144 | 1,440 | |
| Net income: | 1,820 | 2,516 | 1,600 | 1,193 | 1,144 | 1,440 | ||
| Net income (loss) attributable to noncontrolling interest | 3 | 60 | 153 | (43) | (97) | |||
| Net income available to common stockholders, diluted: | 1,820 | 2,519 | 1,660 | 1,346 | 1,101 | 1,343 | ||
Comprehensive Income ($ in millions)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 1,820 | 2,516 | 1,600 | 1,193 | 1,144 | 1,440 | ||
| Other comprehensive income (loss) | 7 | 17 | 30 | (6) | (3) | |||
| Other undisclosed comprehensive income | ||||||||
| Comprehensive income: | 1,827 | 2,516 | 1,617 | 1,223 | 1,138 | 1,437 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 3 | 60 | 153 | (43) | (97) | |||
| Other undisclosed comprehensive income, net of tax, attributable to parent | ||||||||
| Comprehensive income, net of tax, attributable to parent: | 1,827 | 2,519 | 1,677 | 1,376 | 1,095 | 1,340 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.