ED Q1 2024 Earnings — Consolidated Edison, Inc. Revenue & Financial Results | Market Cap Arena

EDConsolidated Edison, Inc.

$41B

Q1 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$4.3B-2.3% YoY

Gross Profit

$2.7B64.0% margin

Operating Income

$1.0B24.3% margin

Net Income

$720M16.8% margin

EPS (Diluted)

$2.08

QoQ Revenue Growth

+24.3%

Cash Flow

Operating Cash Flow

$573M

Free Cash Flow

-$664M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$66.7B

Total Liabilities

$45.1B

Stockholders' Equity

$21.6B

Cash & Equivalents

$169M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.3B	$4.4B	-2.3%
Gross Profit	$2.7B	$2.5B	+8.3%
Operating Income	$1.0B	$867M	+20.2%
Net Income	$720M	$1.4B	-49.8%

Revenue Segments

Electricity

$2.6B62%

Oil and Gas, Purchased

$1.4B32%

Steam

$287M7%