The historical rank and industry rank for Consolidated Edison's Pretax Margin % or its related term are showing as below:
ED'
s Pretax Margin % Range Over the Past 10 Years
Min: 10.08 Med: 14.07 Max: 20.48
Current: 20.48
ED's Pretax Margin % is ranked better than 78.21% of 514
companies
in the Utilities - Regulated industry
Industry Median: 10.275
vs ED: 20.48
Consolidated Edison Pretax Margin % Historical Data
The historical data trend for Consolidated Edison's Pretax 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 Pretax Margin %
For the Utilities - Regulated Electric subindustry, Consolidated Edison's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Consolidated Edison's Pretax Margin % falls into.
Consolidated Edison Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Consolidated Edison's Pretax 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.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Consolidated Edison Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Consolidated Edison's Pretax 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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