ED Q3 2023 Earnings — Consolidated Edison, Inc. Revenue & Financial Results | Market Cap Arena

EDConsolidated Edison, Inc.

$41B

Q3 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.9B-7.1% YoY

Gross Profit

$2.5B63.5% margin

Operating Income

$724M18.7% margin

Net Income

$526M13.6% margin

EPS (Diluted)

$1.52

QoQ Revenue Growth

+31.5%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

-$984M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$64.4B

Total Liabilities

$43.3B

Stockholders' Equity

$21.1B

Cash & Equivalents

$539M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.9B	$4.2B	-7.1%
Gross Profit	$2.5B	$2.7B	-7.9%
Operating Income	$724M	$893M	-18.9%
Net Income	$526M	$613M	-14.2%

Revenue Segments

Electricity

$3.5B90%

Oil and Gas, Purchased

$353M9%

Steam

$49M1%