Consolidated Edison's core rate-regulated electric and natural gas distribution utilities in New York and New Jersey have produced stable earnings and dividend growth despite a service territory with operating and regulatory challenges.
Maintaining and expanding Con Ed's electric distribution network is critical to support New York's clean energy targets.
New York regulators historically have set customer rates for Con Ed's utilities based on allowed returns on equity below industry averages.
|
Metric
|
ED
|
DTE
|
PEG
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.65 | 19.51 | 17.76 |
Price/Book Value | 1.55 | 2.40 | 2.17 |
Price/Sales | 2.22 | 1.76 | 3.02 |
Price/Cash Flow | 7.82 | 8.54 | 10.44 |
|
Metric
|
ED
|
DTE
|
PEG
|
|---|---|---|---|
Quick Ratio | 0.75 | 0.39 | 0.49 |
Current Ratio | 1.19 | 0.80 | 0.88 |
Interest Coverage | 3.27 | 2.05 | 3.13 |
|
Metric
|
ED
|
DTE
|
PEG
|
|---|---|---|---|
Return on Assets (Normalized) | 2.80% | 2.51% | 3.68% |
Return on Equity (Normalized) | 8.38% | 11.09% | 12.40% |
Return on Invested Capital (Normalized) | 5.78% | 6.19% | 7.06% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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United States