Consolidated Edison Inc - Company Profile
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Consolidated Edison Inc (Con Edison), is an energy holding company. Through its subsidiaries, the company provides a wide range of energy-related products and services. It supplies electricity, gas and steam. Con Edison also develops, owns, and operates renewable and energy infrastructure projects; invests in electric and natural gas transmission projects; and also provides energy-related products and services to wholesale and retail customers. Through its subsidiary, It also provides customized energy-management services to a wide range of customers. It serves customers in New York and New Jersey. The company also provides steam service in parts of Manhattan. Con Edison is headquartered in New York City, New York, the US.
Headquarters
United States of America
Address
4 Irving Place, New York, 10003
Website
www.conedison.com
Telephone
1 212 4604600
No of Employees
15,407
Industry
Power
Ticker Symbol & Exchange
ED (NYSE)
Revenue (2024)
$16.9B
10.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
11.2%
(2024 vs 2023)
Market Cap*
$42.0B
Net Profit Margin (2024)
XYZ
0.3%
(2024 vs 2023)
* As of and is in US$
Consolidated Edison Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Gas | Energy Services |
| Electricity | Maintenance Services |
| Steam | Electricity and Natural Gas Distribution |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In November, the company through its subsidiary entered into an agreement to sell its 6.6% stake in Mountain Valley Pipeline, LLC to a fund managed by Ares Management for US$357.5 million. |
| 2022 | Contracts/Agreements | In August, the company entered into a partnership with New York City Department of Transportation and FLO to install and activate charging station in New York City, the US. |
| 2022 | Plans/Strategy | In June, the company announced its plans to sell its renewable energy portfolio for US$4 billion. |
Competitor Comparison
| Key Parameters | Consolidated Edison Inc | Duke Energy Corp | Southern Co | NextEra Energy Inc | PG&E Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | New York | Charlotte | Atlanta | Juno Beach | Oakland |
| State/Province | New York | North Carolina | Georgia | Florida | California |
| No. of Employees | 15,407 | 26,441 | 29,800 | 17,400 | 10 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Timothy P. Cawley | Chairman; Chief Executive Officer; President | Executive Board | 2022 | 60 |
| Kirkland B. Andrews | Chief Financial Officer; Senior Vice President | Senior Management | 2024 | 57 |
| Yukari Saegusa | Treasurer; Vice President - Investor Relations | Senior Management | - | - |
| Jan C. Childress | Director - Investor Relations | Senior Management | - | - |
| Sylvia V. Dooley | Secretary; Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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