EDConsolidated Edison, Inc.

$41B

Q4 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.4B-14.0% YoY

Gross Profit

$1.7B50.5% margin

Operating Income

$451M13.1% margin

Net Income

$334M9.7% margin

EPS (Diluted)

$0.97

QoQ Revenue Growth

-11.1%

Cash Flow

Operating Cash Flow

$975M

Free Cash Flow

-$281M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$66.3B

Total Liabilities

$45.2B

Stockholders' Equity

$21.2B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$4.0B	-14.0%
Gross Profit	$1.7B	$2.4B	-27.6%
Operating Income	$451M	$523M	-13.8%
Net Income	$334M	$190M	+75.8%

Revenue Segments

Electricity

$2.5B73%

Oil and Gas, Purchased

$773M22%

Steam

$145M4%

ED Q4 2023 Earnings — Consolidated Edison, Inc. Revenue & Financial Results | Market Cap Arena