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 investments1,3241,1891,2829921,272981
Cash and cash equivalent1,3241,1891,2829921,272981
Restricted cash and investments    154164236
Receivables2,5442,4062,1921,9341,7201,252
Prepaid expense445470264295271260
Derivative instruments and hedges, assets155259   
Regulatory asset141281305206266128
Disposal group, including discontinued operation 1331637,162   
Other current assets194124176361231200
Other undisclosed current assets1,8681,8521,5321,6091,3771,215
Total current assets:6,6646,53712,9725,5515,3014,272
Noncurrent Assets
Property, plant and equipment52,16549,60846,76648,59646,55543,889
Long-term investments and receivables1,1269998418531,8162,065
Long-term investments1,1269998418531,8162,065
Other noncurrent assets10,6079,1878,4868,1169,2237,853
Total noncurrent assets:63,89859,79456,09357,56557,59453,807
TOTAL ASSETS:70,56266,33169,06563,11662,89558,079
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,0722,1432,3261,8651,8821,495
Interest and dividends payable151149153
Taxes payable10415076
Employee-related liabilities113108102
Accounts payable1,6761,7751,9551,4971,4751,164
Accrued liabilities396368371   
Debt2,6702,5401,4021,9283,8383,203
Derivative instruments and hedges, liabilities5219342152238123
Regulatory liability10214537418536102
Disposal group, including discontinued operation 79763,610   
Other liabilities481411444461426371
Other undisclosed current liabilities9779543,138836934993
Total current liabilities:6,4336,46211,3365,4277,3546,287
Noncurrent Liabilities
Long-term debt and lease obligation   22,43923,32121,146809
Long-term debt, excluding current maturities   22,43922,60420,382 
Liabilities, other than long-term debt, including:17,51616,78416,69314,74916,0947,607
Asset retirement obligations453522500577576425
Liability, pension and other postretirement and postemployment benefits5515925777372,2571,516
Accrued environmental loss contingencies1,0371,118997940857734
Regulatory liability5,4445,3286,0274,3814,5134,827
Operating lease, liability386429476717764809
Derivative instruments and hedges, liabilities961211384240105
Other undisclosed liabilities, other than long-term debt9,5498,6748,1038,0307,651 
Other undisclosed noncurrent liabilities24,65121,927(2,292)(717)(764)6,636
Total noncurrent liabilities:42,16738,71136,84037,35336,47615,052
Other undisclosed liabilities      18,527
Total liabilities:48,60045,17348,17642,78043,83039,866
Equity
Equity, attributable to parent, including:2921,15820,68720,03718,84718,022
Accumulated other comprehensive income (loss) 2922225(25)(19)
Other undisclosed equity, attributable to parent 21,13620,66520,03218,87218,041
Equity, attributable to noncontrolling interest   202299218191
Other undisclosed equity 21,933     
Total equity:21,96221,15820,88920,33619,06518,213
TOTAL LIABILITIES AND EQUITY:70,56266,33169,06563,11662,89558,079

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
Revenues15,25614,66315,67013,67612,24612,574
Gross profit:15,25614,66315,67013,67612,24612,574
Operating expenses(12,524)(12,332)(13,046)(10,850)(9,592)(9,898)
Other undisclosed operating income (loss)(62)865    
Operating income:2,6703,1962,6242,8262,6542,676
Nonoperating income (expense)655830326(538)(401)51
Investment income, nonoperating626220(420)(214)96
Public utilities, allowance for funds used during construction, capitalized cost of equity382619211714
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:2,0753,0032,0981,3831,2341,736
Other undisclosed income from continuing operations before income taxes63     
Income from continuing operations before income taxes:2,1383,0032,0981,3831,2341,736
Income tax expense(318)(487)(498)(190)(90)(296)
Income from continuing operations:1,8202,5161,6001,1931,1441,440
Income before gain (loss) on sale of properties:1,1931,1441,440
Net income:1,8202,5161,6001,1931,1441,440
Net income (loss) attributable to noncontrolling interest  360153(43)(97)
Net income available to common stockholders, diluted:1,8202,5191,6601,3461,1011,343

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:1,8202,5161,6001,1931,1441,440
Other comprehensive income (loss)7 1730(6)(3)
Other undisclosed comprehensive income      
Comprehensive income:1,8272,5161,6171,2231,1381,437
Comprehensive income (loss), net of tax, attributable to noncontrolling interest  360153(43)(97)
Other undisclosed comprehensive income, net of tax, attributable to parent      
Comprehensive income, net of tax, attributable to parent:1,8272,5191,6771,3761,0951,340

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.

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