Consolidated Edison Market capitalization 2024

Consolidated Edison Market capitalization

32.98 B USD

Consolidated Edison Dividend yield

3.43 %

Ticker

ED

ISIN

US2091151041

WKN

911563

In 2024, Consolidated Edison's market cap stood at 32.98 B USD, a 1.24% increase from the 32.58 B USD market cap in the previous year.

The Consolidated Edison Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2028e18.860,082.35
2027e18.2162,032.23
2026e16.7267,532.1
2025e16.1969,752
2024e15.6472,191.9
202314.6677,022.52
202215.6776,231.66
202113.6881,541.35
202012.2582,631.1
201912.5780,711.34
201812.3478,241.38
201712.0379,981.53
201612.0875,851.25
201512.5572,381.19
201412.9267,271.09
201312.3569,771.06
201212.1970,651.14
201112.8964,391.05
201013.3360,260.99
200913.0355,960.87
200813.5849,051.2
200713.1249,690.93
200611.9649,360.74
200511.3448,380.72
20049.7350,900.54

Consolidated Edison Aktienanalyse

What does Consolidated Edison do?

Consolidated Edison Inc, also known as ConEd, is an American energy company based in New York City. It was founded in 1823 with the goal of providing gas lighting for the streets of New York. Since then, the company has expanded its business and is now one of the largest energy utilities in North America. The business model of ConEd focuses on providing energy to customers in the state of New York and related services. ConEd generates, transports, and distributes electricity, gas, and steam primarily used by businesses, institutions, and residential customers. Another important segment of their business is energy efficiency consulting, where ConEd helps their customers reduce energy consumption, lower costs, and improve the efficiency of their buildings and facilities. In terms of history, ConEd was founded in 1823 to provide gas lighting for the streets of New York. Over the years, the company expanded its business to include electricity supply. ConEd has achieved several noteworthy milestones in its 198-year history, such as building the world's first coal-fired power plant with three alternating current generators in 1882. In 1936, ConEd built the first underground power network in Lower Manhattan, improving the safety and reliability of the energy infrastructure. In the 1960s, ConEd planned the Indian Point Energy Center nuclear power plant, which recently supplied power to New York City and served as a significant supplier for the ConEd grid. ConEd offers products such as electrical energy, gas, and steam. Electricity is generated in power plants and distributed through a network of power lines and poles. The company also provides other energy-related services, including energy efficiency consulting, energy procurement and sales, and financial incentives for businesses and individuals looking to improve their energy efficiency. Gas is used in households and commercial facilities, sourced from various suppliers and delivered to customers by ConEd. Steam is generated through the combustion of gas and oil, used as fuel for heating systems and high-pressure steam turbines. ConEd has several subsidiaries operating in different business segments. These include Orange and Rockland Utilities, Inc., a gas and electricity provider in the state of New York; ConEdison Solutions, an energy consulting and supply company; ConEdison Development, a company focused on the construction and operation of renewable energy facilities; and ConEdison Transmission, an electricity transmission company. ConEd is also the owner and operator of the power grid in New York City, which is a crucial public service. The ConEd grid consists of over 94,000 miles of power lines and poles, ensuring residents and businesses in the city have a reliable supply of electricity. In conclusion, ConEd is a well-established American energy company with a wide range of operations. It not only provides electricity, gas, and steam but also offers energy-related services such as energy efficiency consulting and sales. With its subsidiaries, ConEd operates in various business segments and has achieved significant milestones in its 198-year history. ConEd plays a vital role in supplying energy to New York City and ensuring residents and businesses have a reliable supply of electricity, gas, and steam. Consolidated Edison ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Consolidated Edison's Market Capitalization

Consolidated Edison's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Consolidated Edison's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Consolidated Edison's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Consolidated Edison’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Consolidated Edison Stock

What is the current Consolidated Edison market capitalization?

The current market capitalization of Consolidated Edison is 32.98 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Consolidated Edison.

How has the market capitalization of Consolidated Edison developed in recent years?

The market capitalization of Consolidated Edison has increased/decreased by 1.24% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Consolidated Edison?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Consolidated Edison?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Consolidated Edison have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Consolidated Edison pay?

Over the past 12 months, Consolidated Edison paid a dividend of 3.24 USD . This corresponds to a dividend yield of about 3.43 %. For the coming 12 months, Consolidated Edison is expected to pay a dividend of 3.31 USD.

What is the dividend yield of Consolidated Edison?

The current dividend yield of Consolidated Edison is 3.43 %.

When does Consolidated Edison pay dividends?

Consolidated Edison pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Consolidated Edison?

Consolidated Edison paid dividends every year for the past 52 years.

What is the dividend of Consolidated Edison?

For the upcoming 12 months, dividends amounting to 3.31 USD are expected. This corresponds to a dividend yield of 3.5 %.

In which sector is Consolidated Edison located?

Consolidated Edison is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Consolidated Edison kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Consolidated Edison from 6/14/2024 amounting to 0.83 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.

When did Consolidated Edison pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of Consolidated Edison in the year 2023?

In the year 2023, Consolidated Edison distributed 3.16 USD as dividends.

In which currency does Consolidated Edison pay out the dividend?

The dividends of Consolidated Edison are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Consolidated Edison stock can be added to a savings plan with the following providers: Consorsbank

Andere Kennzahlen von Consolidated Edison

Our stock analysis for Consolidated Edison Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Consolidated Edison Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.