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Consolidated Edison ED Cost of removal

Cost of removal at other companies

Southern Company logo
Southern CompanySO
$2.05B
National Fuel Gas logo
National Fuel GasNFG
$319.92M+5.6%
OGE Energy logo
OGE EnergyOGE
$13.7M-36.6%
Atmos Energy logo
Atmos EnergyATO
$493.01M-6.9%
OGS
ONE GASOGS
-$14.78M-53.5%
Atmos Energy logo
Atmos EnergyATO
$493.01M-6.9%

Other financials

Income statement

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Revenue$4.1B+13.2%
Operating income$552.0M+55.5%
Net income$308.0M+25.2%
EPS (diluted)$0.83+22.1%

Balance sheet

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Cash & equivalents$1.5B-2.5%
Total debt$28.1B+6.4%
Total equity$25.7B+8.3%
Total assets$76.5B+6.9%

Cash flow

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Operating cash flow$1.8B-9.2%
CapEx$1.1B+12.6%
Free cash flow-$132.5M+56.9%

Valuation

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Market cap$39.93B+6.3%
Enterprise value$66.53B+6.6%
P/E18×-1.4×
P/S2.3×-0.1×

Profitability

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Operating margin18%+0.6pp
Net margin12.5%+0.6pp
FCF margin-3.4%-1.3pp

Returns & leverage

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Return on equity9%+0.4pp
Debt / equity1.1×0.0×
Current ratio1.3×+0.2×

Where this comes from

Reported directly by Consolidated Edison in its filing.

Tagged under the XBRL concept ed:EffectiveIncomeTaxRateReconciliationCostOfRemovalPercent.

The source filing: Consolidated Edison’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001047862-26-000142
(Millions of Dollars) (% of Pre-tax income)For the Three Months Ended June 30, / Con Edison / 2026 / $For the Three Months Ended June 30, / Con Edison / 2026 / %For the Three Months Ended June 30, / Con Edison / 2025 / $For the Three Months Ended June 30, / Con Edison / 2025 / %For the Three Months Ended June 30, / CECONY / 2026 / $For the Three Months Ended June 30, / CECONY / 2026 / %For the Three Months Ended June 30, / CECONY / 2025 / $For the Three Months Ended June 30, / CECONY / 2025 / %
Nontaxable or Nondeductible items(1)(0.1)(2)(0.8)(3)(0.9)
Changes in unrecognized tax benefits10.310.3
Other Adjustments:
Amortization of excess deferred federal income taxes(16)(4.0)(11)(3.7)(15)(3.7)(9)(3.3)
Allowance for uncollectible accounts, net of regulatory recovery(1)(0.3)(9)(2.9)(1)(0.3)(9)(3.3)
Cost of removal122.993.0112.783.0
Other10.3(1)(0.3)10.3(1)(0.3)
Effective tax rate$10024.7%$5016.9%$9824.9%$4817.8%

ITEM 6 [Exhibits](#ib715603ea3e544a995b59fadf90d45f7_310) [82](#ib715603ea3e544a995b59fadf90d45f7_310)

FAQ

What is Consolidated Edison's cost of removal?
Consolidated Edison (ED) reported cost of removal of 2.9% in Q2 2026.
How has Consolidated Edison's cost of removal changed year-over-year?
Consolidated Edison's cost of removal decreased by 3.3% year-over-year, from 3% to 2.9%.
What is the long-term trend for Consolidated Edison's cost of removal?
Over 4 years (2021 to 2025), Consolidated Edison's cost of removal has grown at a -10.2% compound annual growth rate (CAGR), from 10% to 6.5%.
What does cost of removal mean?
Captures the financial impact of asset removal activities, providing insight into the ongoing costs of decommissioning infrastructure. It helps investors evaluate the efficiency of capital asset management and the accuracy of long-term retirement accruals.

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