EDConsolidated Edison, Inc.

$40B

Q2 2019 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.7B+1.4% YoY

Gross Profit

$1.8B66.1% margin

Operating Income

$451M16.5% margin

Net Income

$152M5.6% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

-21.9%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$200M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$55.6B

Total Liabilities

$37.7B

Stockholders' Equity

$17.7B

Cash & Equivalents

$831M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.7B	+1.4%
Gross Profit	$1.8B	$1.7B	+4.9%
Operating Income	$451M	$430M	+4.9%
Net Income	$152M	$188M	-19.1%

Revenue Segments

Electricity

$2.0B72%

Oil and Gas, Purchased

$449M16%

Non-Utility Products And Services

$234M9%

Steam

$90M3%

ED Q2 2019 Earnings — Consolidated Edison, Inc. Revenue & Financial Results | Market Cap Arena