ED Q2 2024 Earnings — Consolidated Edison, Inc. Revenue & Financial Results | Market Cap Arena

EDConsolidated Edison, Inc.

$41B

Q2 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.2B+9.4% YoY

Gross Profit

$2.1B64.3% margin

Operating Income

$320M9.9% margin

Net Income

$202M6.3% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

-24.8%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$180M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$67.9B

Total Liabilities

$46.4B

Stockholders' Equity

$21.6B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$2.9B	+9.4%
Gross Profit	$2.1B	$1.8B	+12.7%
Operating Income	$320M	$271M	+18.1%
Net Income	$202M	$226M	-10.6%

Revenue Segments

Electricity

$2.5B79%

Oil and Gas, Purchased

$582M18%

Steam

$88M3%