Consolidated Edison Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.92B | $15.26B | $14.66B | $15.67B | $13.68B | $12.25B | $12.57B | $12.34B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | $27.0M | $25.0M | $24.0M | $24.0M | $24.0M |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $2.94B | $2.67B | $3.20B | $2.62B | $2.83B | $2.65B | $2.68B | $2.66B |
| Operating Margin | 17.3% | 17.5% | 21.8% | 16.7% | 20.7% | 21.7% | 21.3% | 21.6% |
| Interest Expense | $1.23B | $1.19B | $1.02B | $852.0M | $905.0M | $1.02B | $991.0M | $819.0M |
| Pretax Income | $2.60B | $2.14B | $3.00B | $2.10B | $1.38B | $1.23B | $1.74B | $1.78B |
| Income Tax Expense | $574.0M | $318.0M | $487.0M | $498.0M | $190.0M | $90.0M | $296.0M | $401.0M |
| Net Income | $2.02B | $1.82B | $2.52B | $1.66B | $1.35B | $1.10B | $1.34B | $1.38B |
| Net Margin | 12.0% | 11.9% | 17.2% | 10.6% | 9.8% | 9.0% | 10.7% | 11.2% |
| EPS (Basic) | $5.66 | $5.26 | $7.25 | $4.68 | $3.86 | $3.29 | $4.09 | $4.43 |
| EPS (Diluted) | $5.64 | $5.24 | $7.21 | $4.66 | $3.85 | $3.28 | $4.08 | $4.42 |
| Shares Outstanding (Basic) | 357.4M | 346.0M | 347.7M | 354.5M | 348.4M | 334.8M | 328.5M | 311.7M |
| Shares Outstanding (Diluted) | 358.7M | 347.3M | 349.3M | 355.8M | 349.4M | 335.7M | 329.5M | 312.9M |
| Dividends Per Share | — | $3.32 | $3.24 | $3.16 | $3.10 | $3.06 | $2.96 | $2.86 |