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Consolidated EdisonWBO:ED -0.22%59 3-Year ROIIC % is 4.87 as of Dec. 2025, which is 61% above its 10-year median of 3.03. GuruFocus rates WBO:ED with a GF Score™ of 59/100 and a GF Value™ of €91.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 477 Utilities - Regulated companies, Consolidated Edison ranks better than 53.67% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Consolidated Edison's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 4.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Consolidated Edison's 3-Year ROIIC % or its related term are showing as below:
WBO:ED's 3-Year ROIIC % is ranked better than 53.67% of 477
companies
in the Utilities - Regulated industry
Industry Median: 3.88
vs WBO:ED: 4.87
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Consolidated Edison 3-Year ROIIC % Related Terms
Consolidated Edison 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Consolidated Edison's 3-Year ROIIC % 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.
WBO:ED vs PEG, WEC, PCG: 3-Year ROIIC % Comparison
For the Utilities - Regulated Electric subindustry, Consolidated Edison's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Consolidated Edison's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Consolidated Edison (WBO:ED) has a 3-Year ROIIC % of 4.87 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Consolidated Edison and its competitors. This is 61% above median its historical median of 3.03. According to the industry distribution chart, Consolidated Edison ranks #221 out of 477 companies in the Utilities - Regulated industry, placing it in the top 46.3%.
Is Consolidated Edison's 3-Year ROIIC % too high?
Consolidated Edison's current 3-Year ROIIC % of 4.87 is 61% above median its 10-year median of 3.03. The Utilities - Regulated industry median 3-Year ROIIC % is 3.88. Consolidated Edison's value of 4.87 is 25.5% above this industry median. Based on the distribution chart, Consolidated Edison ranks #221 out of 477 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Consolidated Edison has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Consolidated Edison's 3-Year ROIIC % compare to PEG and WEC?
According to the Utilities - Regulated industry distribution chart, Consolidated Edison ranks #221 out of 477 companies for 3-Year ROIIC %. This puts Consolidated Edison in the upper half of its industry. The industry median 3-Year ROIIC % is 3.88. Consolidated Edison's value of 4.87 is 25.5% above this benchmark. While the company's 10-year median is 3.03 vs. the industry median of 3.88, Consolidated Edison has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Utilities - Regulated company?
The median 3-Year ROIIC % among Utilities - Regulated companies is 3.88, based on 477 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Consolidated Edison's current 3-Year ROIIC % of 4.87 is 25.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Consolidated Edison and its competitors. For the Utilities - Regulated industry, the median 3-Year ROIIC % is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Consolidated Edison's current 3-Year ROIIC % is 4.87, which is 61% above median its own 10-year median of 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Consolidated Edison stock overvalued right now?
Based on GuruFocus' analysis, Consolidated Edison (WBO:ED) is currently considered Fairly Valued. The stock's GF Value™ is €91.84, compared to a current price of €97.68 — trading 6.4% above its estimated fair value. The current 3-Year ROIIC % is 4.87, which is 61% above median its 10-year median of 3.03 and 25.5% above the Utilities - Regulated industry median of 3.88. Consolidated Edison's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Consolidated Edison (WBO:ED), the current 3-Year ROIIC % is 4.87 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Consolidated Edison (WBO:ED) Overvalued in 2026?
Based on GuruFocus' analysis, Consolidated Edison stock appears to be overvalued.
The current stock price of €97.68 is trading 6.4% above its estimated GF Value™ of €91.84.
GuruFocus considers Consolidated Edison to be Fairly Valued.
Key valuation signals for WBO:ED:
3-Year ROIIC %: 4.87 (61% above median its 10-year median of 3.03)
GF Value™: €91.84 vs. price of €97.68 (6.4% above fair value)
Industry Position: 25.5% above the Utilities - Regulated median (#221 of 477)
No single metric tells the full story. See the WBO:ED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
59GF Score
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