Con Ed reported earning $2.18 per share on an adjusted basis during the first quarter, down from $2.26 during the same year-ago quarter on a comparable basis. Earnings are on track to meet our and management's full-year outlook.
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
|
PEG
|
DTE
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.98 | 19.11 | 20.24 |
Price/Book Value | 1.54 | 2.29 | 2.46 |
Price/Sales | 2.25 | 3.12 | 1.83 |
Price/Cash Flow | 7.55 | 11.65 | 9.00 |
|
Metric
|
ED
|
PEG
|
DTE
|
|---|---|---|---|
Quick Ratio | 0.75 | 0.66 | 0.51 |
Current Ratio | 1.19 | 0.97 | 0.95 |
Interest Coverage | 3.27 | 3.50 | 2.09 |
|
Metric
|
ED
|
PEG
|
DTE
|
|---|---|---|---|
Return on Assets (Normalized) | 2.76% | 3.54% | 2.40% |
Return on Equity (Normalized) | 8.26% | 11.94% | 10.39% |
Return on Invested Capital (Normalized) | 5.75% | 6.80% | 5.92% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
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Economic Moat
|
Market Cap
|
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NEE
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United States