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Consolidated Edison·Income Statement·121 metrics

Breakdown

MetricQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue$3.3B$4.2B$3.7B$4.9B$3.6B$4.6B$4.0B$5.2B
Return on regulatory assets$1.0M$145.0M$167.0M$3.2B$0.0$42.0M$201.0M$3.8B
Other operating expense$1.4B$986.0M$1.7B$2.2B$1.7B$2.0B$1.9B$2.4B
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE$480.0M$1.0B$625.0M$1.3B$596.0M$1.2B$689.0M$1.5B
Net Change in Cash and Restricted Cash$1.3B-$1.4B$1.2B-$973.0M$1.1B-$1.3B$1.4B-$1.5B
Cash disbursed for construction in progress$1.2B$1.1B$1.2B$1.2B$1.3B$1.0B$1.3B$1.2B
Property, plant, and equipment additions$1.2B$1.2B$1.3B$1.1B$1.3B$1.2B$1.4B$1.2B
Taxes other than income taxes and other – net$782.0M$857.0M$832.0M$947.0M$894.0M$953.0M$963.0M$1.0B
Other operations and maintenance$967.0M$965.0M$910.0M$952.0M$923.0M$967.0M$964.0M$940.0M
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$1.3B-$1.3B-$1.4B-$1.2B-$1.4B-$1.1B-$1.5B-$936.0M
Comprehensive Income (Loss), Net of Tax, Attributable to Parent$202.0M$588.0M$321.0M$779.0M$246.0M$688.0M$295.0M$921.0M
Other Comprehensive Income (Loss)$202.0M$588.0M$321.0M$779.0M$246.0M$688.0M$295.0M$921.0M
Proceeds From Issuance Initial Public Offering$0.0$0.0$0.0$1.3B$776.0M
Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment$1.3B$776.0M
Construction in progress additions$41.0M$14.0M$5.0M$416.0M$0.0$378.0M$74.0M$732.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation$1.3B$1.3B-$579.0M$592.0M-$698.0M$1.4B-$721.0M
Increase (Decrease) in Prepaid Expense-$586.0M$934.0M-$927.0M$554.0M-$625.0M$771.0M-$764.0M$691.0M
Repayments of Debt$0.0$0.0$0.0$0.0$500.0M
Repayments of Short-Term Debt$29.5M$29.5M$29.5M$1.8B$406.0M
Proceeds From Divestiture Of Interest In Joint Venture$0.0$358.0M
Deferred taxes$287.0M$247.0M$54.0M$197.0M$92.0M$351.0M
Interest and Debt Expense$303.0M$322.0M$322.0M$331.0M$318.0M$323.0M$324.0M$326.0M
Dividends, Common Stock$287.0M$287.0M$288.0M$295.0M$306.0M$307.0M$306.0M$320.0M
Debt$267.0M$275.0M$287.0M$292.0M$292.0M$292.0M$301.0M$308.0M
Payments of Ordinary Dividends, Common Stock$275.0M$275.0M$276.0M$282.0M$294.0M$295.0M$295.0M$308.0M
Cash Dividends, Common Stock$275.0M$275.0M$276.0M$282.0M$294.0M$295.0M$295.0M$308.0M
Income Tax Expense-$10.0M$133.0M$11.0M$242.0M$50.0M$202.0M$81.0M$303.0M
Repayments of Short-Term Debt, Maturing in More than Three Months$0.0$300.0M
Net Deferred Gain Loss-$79.0M-$176.0M$84.0M-$14.0M$4.0M$324.0M$260.0M
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount$40.0M$152.0M$67.0M$217.0M$62.0M$187.0M$79.0M$258.0M
Accounts payable-$33.0M-$140.0M$175.0M-$163.0M$289.0M-$220.0M
Increase (Decrease) In Corporate Alternative Minimum Tax (CAMT) Carry Forward-$205.0M
Change in Accounts Receivable$169.0M$33.0M$305.0M-$357.0M-$51.0M$133.0M$202.0M
Increase (Decrease) in Accounts Receivable$169.0M$33.0M$305.0M-$357.0M-$51.0M$133.0M$202.0M
Gain on sale of interest in Mountain Valley Pipeline, LLC$0.0$189.0M
Equity Method Investment Realized Gain Loss On Disposal$0.0$189.0M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$1.3B$392.0M$1.3B$837.0M$2.0B$504.0M$1.5B$174.0M
Interest Paid, Net$385.0M$137.0M$415.0M$149.0M$411.0M$166.0M$421.0M$168.0M
Interest Paid, Excluding Capitalized Interest, Operating Activity$385.0M$137.0M$415.0M$149.0M$411.0M$166.0M$421.0M$168.0M
Increase Decrease In Interest Payable Net$140.0M$137.0M$126.0M$143.0M
Membership and other income$155.0M$157.0M$159.0M$201.0M$214.0M$208.0M$214.0M$143.0M
Pension and other postretirement benefits contributions-$18.0M-$115.0M-$99.0M-$148.0M-$136.0M-$139.0M-$159.0M-$118.0M
Change in Other Liabilities-$31.0M$9.0M$54.0M$14.0M$86.0M-$112.0M
Other liabilities-$31.0M$9.0M$54.0M$14.0M$86.0M-$112.0M
Increase Decrease In Deferred Liabilities$105.0M$209.0M$75.0M$299.0M$267.0M$110.0M
Payments For Proceeds From Removal Costs$107.0M$121.0M$139.0M$107.0M$144.0M$84.0M$146.0M$106.0M
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount$5.0M$39.0M$24.0M$55.0M$13.0M$47.0M$24.0M$64.0M
Contract with Customer, Liability, Unbilled Revenue Accruals And Deferrals-$18.8M-$18.8M-$18.8M$7.0M$45.0M
Increase (Decrease) in Income Taxes Receivable$0.0$0.0$144.0M-$26.0M-$118.0M$43.0M
Additions / (Releases)$40.0M$27.0M-$214.0M$4.0M-$1.0M-$5.0M-$497.0M$39.0M
Increase (Decrease) in Other Receivables-$68.0M-$47.0M-$28.0M-$101.0M-$44.0M$206.0M-$37.0M
Issuance of Common Stock (Employee Equity Plans)$30.0M$26.0M$29.0M$29.0M$30.0M$29.0M$29.0M$27.0M
Allowance for Funds Used During Construction, Equity$10.0M$8.0M$9.0M$18.0M$18.0M$16.0M$17.0M$22.0M
Shares Issued for Share-Based Compensation$15.0M$15.0M$15.0M$16.0M$16.0M$17.0M$15.0M$18.0M
Other interest expense$36.0M$47.0M$35.0M$39.0M$26.0M$31.0M$23.0M$18.0M
Net interest and investment income (loss)$11.0M$17.0M$16.0M$16.0M$17.0M$18.0M$12.0M$18.0M
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options$15.0M$15.0M$15.0M$16.0M$16.0M$17.0M$15.0M$18.0M
Effective Income Tax Rate Reconciliation, Deductible Expense Amortization Of Excess Deferred Income Taxes, Amount$50.8M$50.8M$50.8M$12.0M$16.0M
Other investing activities, net$12.0M$9.0M$7.0M$14.0M$14.0M$8.0M$13.0M$15.0M
Distributions of earnings from equity method investees$2.0M$13.0M$20.0M$16.0M$17.0M$18.0M$19.0M$15.0M
Payment for (Proceeds from) Other Investing Activity$12.0M$9.0M$7.0M$14.0M$14.0M$8.0M$13.0M$15.0M
Total deferred gains (losses)-$78.0M-$38.0M-$15.0M$100.0M-$80.0M-$15.0M$246.0M$13.0M
Cost of removal$8.0M$10.0M$11.0M$9.0M$10.0M$6.0M$13.0M
Other Noncash Income (Expense)$71.0M$18.0M$81.0M$60.0M-$13.0M
Included in regulatory assets and liabilities-$1.8M-$1.8M-$1.8M$0.0$12.0M
MTA Surcredit amortization, net of federal income taxes-$2.0M$0.0-$1.0M-$13.0M-$7.0M-$5.0M-$9.0M-$10.0M
Income Taxes Paid, Net$1.0M$2.0M$1.0M-$33.0M-$148.0M-$7.0M
Income Taxes Paid, Net$1.0M$2.0M$1.0M-$33.0M-$148.0M-$7.0M
New issues (in shares)7M6.3M7M
Allowance for uncollectible accounts, net of regulatory recovery-$6.3M-$6.3M-$6.3M-$13.0M-$6.0M
Payment for Pension and Other Postretirement Benefits$5.0M$12.0M$5.0M$5.0M$4.0M$11.0M$41.0M$6.0M
Operating Lease Payments$4.0M$6.0M$52.0M$4.0M$4.0M$7.0M$55.0M$5.0M
Operating Lease Payments$4.0M$6.0M$52.0M$4.0M$4.0M$7.0M$55.0M$5.0M
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements-$3.0M-$2.0M-$3.0M-$4.0M-$1.0M$2.0M-$2.0M-$4.0M
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount-$1.0M-$2.0M-$4.0M$1.0M-$3.0M-$8.0M-$2.0M$4.0M
Other Comprehensive Income (Loss), Net of Tax$0.0$0.0$11.0M-$12.0M$0.0$0.0-$2.0M-$3.0M
OCI Attributable to Parent$0.0$0.0$11.0M-$12.0M$0.0$0.0-$2.0M-$3.0M
OCI Defined Benefit Plans Adjustment (Net of Tax) Parent$0.0$0.0-$11.0M$12.0M$0.0$0.0$2.0M$3.0M
OCI defined benefit plans$0.0$0.0-$11.0M$12.0M$0.0$0.0$2.0M$3.0M
Other comprehensive income (loss), after-tax-$12.0M-$3.0M
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax and Reclassification Adjustment, Attributable to Parent$0.0$0.0-$11.0M$12.0M$0.0$0.0$2.0M$3.0M
Other comprehensive income (loss)-$12.0M-$3.0M
Other comprehensive income/(loss)$0.0$0.0$11.0M-$12.0M$0.0$0.0-$2.0M-$3.0M
Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent$0.0$0.0$11.0M-$12.0M$0.0$0.0-$2.0M-$3.0M
OCI Net of Tax, Parent$0.0$0.0$11.0M-$12.0M$0.0$0.0-$2.0M-$3.0M
OCI Attributable to Parent$0.0$0.0$11.0M-$12.0M$0.0$0.0-$2.0M-$3.0M
Realized and unrealized gains (losses): Included in income (loss)-$2.0M-$1.0M-$3.0M-$2.0M-$1.0M$2.0M-$2.0M-$2.0M
Other Increase (Decrease) in Environmental Liabilities-$9.0M-$12.0M-$16.0M-$10.0M-$4.0M-$12.0M-$2.0M
Issuance of vested restricted stock units$11.0M$3.0M$2.0M$2.0M
Add - Incremental shares associated with contingently issuable shares (in shares)1.2M1.3M1.3M1.2M1.3M1.2M1.3M1.4M
Transfers out of Level 3$0.0-$5.0M$0.0$0.0$0.0-$1.0M
Taxes other than income taxes payable-$1.0M$12.0M-$25.0M$9.0M$37.0M-$1.0M
Payments Non Utility Construction Expenditures$0.0$0.0$1.0M$0.0$1.0M$1.0M
Payments of Debt Issuance Costs$22.0M$2.0M$18.0M$1.0M$0.0$2.0M$12.0M$1.0M
Rate adjustment mechanism$500.0K
Number of registrants2.002.00
Number of regulated utility subsidiaries2.002.00
Effective tax rates-$0.1$0.2$0.2$0.2$0.2$0.2
Income taxes at U.S. statutory rate of 21%$0.2$0.2$0.2$0.2$0.2$0.2
State income taxes – net of federal income tax benefit$0.0$0.1$0.0$0.1$0.0$0.1$0.0$0.1
Other customer-provided capital rate (in percent)5.9%4.8%4.8%4.7%
Weighted average interest rate of commercial paper (in percent)4.7%4.6%3.9%4.0%
Effective Income Tax Rate Reconciliation, Deductible Expense Amortization Of Excess Deferred Income Taxes, Percent9.5%1.1%2.0%1.3%
Cost of removal4.4%1.4%1.1%1.0%3.0%1.1%1.4%1.1%
MTA Surcredit amortization, net of federal income taxes-1.0%0.0%-0.1%-1.3%-2.5%-0.6%-1.3%-0.8%
Allowance for uncollectible accounts, net of regulatory recovery0.5%-1.4%-1.2%-1.2%-2.9%-1.6%-1.7%-0.5%
ROU Asset Obtained - Operating Lease$0.0$0.0$3.0M$8.0M$0.0$3.0M$35.0M
Stock options excluded as their inclusion would be anti-dilutive (in shares)$0.0$0.0$0.0$0.0$0.0
Capitalization, Forward Sale Price$24.16$24.16$24.16
Nontaxable or nondeductible items-0.1%-0.1%0.2%0.0%
Changes in unrecognized tax benefits-0.1%0.1%0.0%0.0%
Changes in unrecognized tax benefits-$5.0M$1.0M$0.0
Termination cost$0.0$0.0$0.0$0.0
Other income, net of taxes$0.0$0.0$0.0
Borrowing under term loan$0.0$500.0M$200.0M$0.0
Divestiture of businesses, net of cash transferred$0.0$0.0$0.0$45.0M$0.0
Issuance of term loan$125.0M$125.0M$125.0M
Right Of Use Asset Obtained In Exchange For Operating Lease Liability$0.0$0.0$3.0M$8.0M$0.0$3.0M$35.0M
Unconditional charitable contribution, accrued amount$12.0M$12.0M$12.0M
Unrecognized tax benefits, increase (decrease) resulting from prior period tax positions-$750.0K-$750.0K-$750.0K

Metrics

Change in Accounts Receivable

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Change in Other Liabilities

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Issuance of Common Stock (Employee Equity Plans)

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Other Comprehensive Income (Loss), Net of Tax

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Net Change in Cash and Restricted Cash

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Operating Lease Payments

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ROU Asset Obtained - Operating Lease

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Shares Issued for Share-Based Compensation

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OCI Attributable to Parent

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OCI Defined Benefit Plans Adjustment (Net of Tax) Parent

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OCI defined benefit plans

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Other comprehensive income (loss), after-tax

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Other investing activities, net

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Transfers out of Level 3

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Income Taxes Paid, Net

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Interest Paid, Net

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Additions / (Releases)

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Amortization of capitalized software and acquired intangible assets

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Stock options excluded as their inclusion would be anti-dilutive (in shares)

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Capitalization, Forward Sale Price

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Comprehensive Income (Loss), Net of Tax, Attributable to Parent

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Construction in progress additions

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Contract with Customer, Liability, Unbilled Revenue Accruals And Deferrals

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Total deferred gains (losses)

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Deferred taxes

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Dividends, Common Stock

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Effective tax rates

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Income taxes at U.S. statutory rate of 21%

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Allowance for uncollectible accounts, net of regulatory recovery

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Allowance for uncollectible accounts, net of regulatory recovery

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Cost of removal

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Cost of removal

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Effective Income Tax Rate Reconciliation, Deductible Expense Amortization Of Excess Deferred Income Taxes, Amount

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Effective Income Tax Rate Reconciliation, Deductible Expense Amortization Of Excess Deferred Income Taxes, Percent

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MTA Surcredit amortization, net of federal income taxes

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Nontaxable or nondeductible items

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MTA Surcredit amortization, net of federal income taxes

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State income taxes – net of federal income tax benefit

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Changes in unrecognized tax benefits

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Distributions of earnings from equity method investees

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Gain on sale of interest in Mountain Valley Pipeline, LLC

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Equity Method Investment Realized Gain Loss On Disposal

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Included in regulatory assets and liabilities

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Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements

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Realized and unrealized gains (losses): Included in income (loss)

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INCOME BEFORE INTEREST AND INCOME TAX EXPENSE

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Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount

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Effective Income Tax Rate Reconciliation, Other Adjustments, Amount

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Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount

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Changes in unrecognized tax benefits

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Income Taxes Paid, Net

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Accounts payable

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Increase (Decrease) in Accounts Receivable

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Increase (Decrease) In Corporate Alternative Minimum Tax (CAMT) Carry Forward

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Increase Decrease In Deferred Liabilities

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Increase (Decrease) in Income Taxes Receivable

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Increase Decrease In Interest Payable Net

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Other liabilities

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Increase (Decrease) in Other Receivables

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Pension and other postretirement benefits contributions

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Increase (Decrease) in Prepaid Expense

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Taxes other than income taxes payable

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Add - Incremental shares associated with contingently issuable shares (in shares)

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Interest and Debt Expense

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Other interest expense

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Interest Paid, Excluding Capitalized Interest, Operating Activity

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Net interest and investment income (loss)

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Termination cost

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Cash Provided by (Used in) Financing Activity, Including Discontinued Operation

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Cash Provided by (Used in) Investing Activity, Including Discontinued Operation

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Cash Provided by (Used in) Operating Activity, Including Discontinued Operation

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Net Deferred Gain Loss

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Number of registrants

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Number of regulated utility subsidiaries

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Income Tax Expense

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Operating Lease Payments

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Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax and Reclassification Adjustment, Attributable to Parent

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Other comprehensive income (loss)

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Other comprehensive income/(loss)

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Other income, net of taxes

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Other customer-provided capital rate (in percent)

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Membership and other income

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Other Increase (Decrease) in Environmental Liabilities

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Other Noncash Income (Expense)

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Other operating expense

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Other operations and maintenance

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Cash disbursed for construction in progress

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Payment for (Proceeds from) Other Investing Activity

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Payments For Proceeds From Removal Costs

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Payments Non Utility Construction Expenditures

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Payments of Debt Issuance Costs

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Payments of Ordinary Dividends, Common Stock

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Payment for Pension and Other Postretirement Benefits

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Borrowing under term loan

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Divestiture of businesses, net of cash transferred

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Proceeds From Divestiture Of Interest In Joint Venture

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Proceeds From Issuance Initial Public Offering

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Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options

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Issuance of term loan

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Allowance for Funds Used During Construction, Equity

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Rate adjustment mechanism

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Repayments of Debt

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Repayments of Short-Term Debt

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Repayments of Short-Term Debt, Maturing in More than Three Months

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Return on regulatory assets

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Right Of Use Asset Obtained In Exchange For Operating Lease Liability

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Property, plant, and equipment additions

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New issues (in shares)

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Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment

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Issuance of vested restricted stock units

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Taxes other than income taxes and other – net

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Unconditional charitable contribution, accrued amount

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Unrecognized tax benefits, increase (decrease) resulting from prior period tax positions

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Weighted average interest rate of commercial paper (in percent)

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Cash Dividends, Common Stock

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Other Comprehensive Income (Loss)

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Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent

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OCI Net of Tax, Parent

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OCI Attributable to Parent

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