Net margin is calculated as Net Income divided by its Revenue. Consolidated Edison's Net Income for the
three
months ended in Dec. 2023 was $334 Mil. Consolidated Edison's Revenue for the
three
months ended in Dec. 2023 was $3,444 Mil. Therefore, Consolidated Edison's net margin for the quarter that ended in Dec. 2023 was 9.70%.
The historical rank and industry rank for Consolidated Edison's Net Margin % or its related term are showing as below:
ED'
s Net Margin % Range Over the Past 10 Years
Min: 8.45 Med: 10.45 Max: 17.18
Current: 17.18
ED's Net Margin % is ranked better than 80.93% of 514
companies
in the Utilities - Regulated industry
Industry Median: 7.82
vs ED: 17.18
Consolidated Edison Net Margin % Historical Data
The historical data trend for Consolidated Edison's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Consolidated Edison's Net Margin %
For the Utilities - Regulated Electric subindustry, Consolidated Edison's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Consolidated Edison's Net Margin % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's Net Margin % distribution charts can be found below:
* The bar in red indicates where Consolidated Edison's Net Margin % falls into.
Consolidated Edison Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Consolidated Edison's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Consolidated Edison (NYSE:ED) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Consolidated Edison Net Margin % Related Terms
Thank you for viewing the detailed overview of Consolidated Edison's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Consolidated Edison (Consolidated Edison) Business Description
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.
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