ED Q1 2023 Earnings — Consolidated Edison, Inc. Revenue & Financial Results | Market Cap Arena

EDConsolidated Edison, Inc.

$41B

Q1 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$4.4B+7.5% YoY

Gross Profit

$2.5B57.7% margin

Operating Income

$867M19.8% margin

Net Income

$1.4B32.7% margin

EPS (Diluted)

$4.05

QoQ Revenue Growth

+9.4%

Cash Flow

Operating Cash Flow

$92M

Free Cash Flow

-$1.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$62.8B

Total Liabilities

$42.0B

Stockholders' Equity

$20.8B

Cash & Equivalents

$771M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$4.1B	+7.5%
Gross Profit	$2.5B	$2.5B	+2.1%
Operating Income	$867M	$818M	+6.0%
Net Income	$1.4B	$602M	+138.0%

Revenue Segments

Electricity

$2.5B59%

Oil and Gas, Purchased

$1.4B33%

Steam

$306M7%