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Consolidated Edison ED Free cash flow margin

Discontinued — last reported Q4 '22

Free cash flow margin at other companies

Public Service Enterprise Group logo
Public Service Enterprise GroupPEG
-6.4%
Edison International logo
Edison InternationalEIX
-18%0.0pp
Exelon logo
ExelonEXC
-9.4%+8.8pp
Eversource Energy logo
Eversource EnergyES
1.7%+0.9pp
Entergy logo
EntergyETR
-20.9%+3,135pp
CMS
CMS EnergyCMS
12.8%-8.1pp

Other financials

Income statement

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Revenue$5.1B+6.2%
Operating income$1.2B+4.6%
Net income$924.0M+16.8%
EPS (diluted)$2.54+12.9%

Balance sheet

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Cash & equivalents$147.0M-59.2%
Total debt$26.9B+5.5%
Total equity$25.6B+7.6%
Total assets$74.7B+5.7%

Cash flow

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Operating cash flow$174.0M-79.2%
CapEx$1.1B+12.6%
Free cash flow-$132.5M+56.9%

Valuation

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Market cap$39.2B+4.7%
Enterprise value$65.98B+5.4%
P/E18.2×-1.6×
P/S2.3×-0.1×

Profitability

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Operating margin17.4%-0.3pp
Net margin12.5%+0.5pp

Returns & leverage

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Return on equity8.7%+0.4pp
Debt / equity1.1×0.0×
Current ratio1.2×-0.1×

Where this comes from

Calculated from Consolidated Edison’s reported figures.

Based on trailing twelve months.

The official record: Consolidated Edison’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Consolidated Edison's free cash flow margin?
Consolidated Edison (ED) reported free cash flow margin of -3.4% in Q4 2022.
How has Consolidated Edison's free cash flow margin changed year-over-year?
Consolidated Edison's free cash flow margin increased by 62.4% year-over-year, from -9% to -3.4%.
What is the long-term trend for Consolidated Edison's free cash flow margin?
Over 2 years (2020 to 2022), Consolidated Edison's free cash flow margin has grown at a -53.2% compound annual growth rate (CAGR), from -15.4% to -3.4%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.