Equity

Is CONSOLIDATED EDISON INC (ED) undervalued?

$106.00−0.43% todayNYSE · USD · last traded 2026-09-14 19:20 UTC

CONSOLIDATED EDISON INC trades on a P/E of 18.79 against earnings growth of 6.6% a year over the last 3 years, giving a PEG ratio of 2.86 — above the 2.0 level conventionally read as expensive relative to growth.

Earnings figures are measured from ED’s filed annual accounts, not estimated. PEG compares price to earnings growth alone — it says nothing about debt, cash generation, or what an acquirer would pay. Read it alongside the figures below rather than on its own.

PEG ratio2.86
01.02.03.0+
Convention reads below 1.0 as inexpensive relative to growth and above 2.0 as expensive, though typical ranges differ sharply by sector.
P/E ratio18.79
earnings growth (3-year CAGR)6.6%
PEG ratio2.86
Measured from ED's filed annual accounts. Trailing, not forecast.
01

What it would cost to buy ED

Enterprise value is what it would cost to take the whole company: every share at today’s price, plus the debt an acquirer assumes, less the cash they receive. For CONSOLIDATED EDISON INC that is $64.97B.

Every term below is a line item from a filed statement. The numbers beside each one open the filing it came from — balance-sheet figures arrive already scaled, so there is no “in thousands” to catch you out.

368.5M shares · 10-Q cover page

market capitalisation$39.06B
total debt$26.05B
cash & equivalents$147.0M
enterprise value$64.97B
Cash as reported to 2026-03-31; debt to 2025-12-31 — the two are not from the same balance sheet.
Enterprise-value multiples for CONSOLIDATED EDISON INC
MeasureValue
Diluted earnings per shareto 2025-12-31$5.64
P/E ratioto 2025-12-3118.8
Earnings growth (3-year CAGR)to 2025-12-316.6%
PEG ratioto 2025-12-312.9
Market capitalisationto 2026-04-30$39.06B
Total debtto 2025-12-31$26.05B
Net debtto 2026-03-31$25.90B
Enterprise valueto 2026-03-31$64.97B
EBITDAto 2025-12-31$5.26B
Free cash flowto 2025-12-31$335.0M
EV / EBITDAto 2025-12-3112.4×
EV / Salesto 2025-12-313.8×
Free cash flow yieldto 2025-12-310.9%
Net debt / EBITDAto 2025-12-314.9×
Return on capital employedto 2025-12-315.7%

Earnings growth is measured across CONSOLIDATED EDISON INC’s own filed annual accounts. PEG conventionally uses forecast growth from analyst estimates; filings contain only history, so this is trailing growth and will read differently from a PEG quoted elsewhere.

02

Against the sector

ED against 11 listed companies sharing its classification — Electric & Other Services Combined. A multiple means little on its own; the column that matters is the gap. See what diversified utilities trade on.

ED compared with the median of 11 sector peers
MeasureEDSector medianDifference
EV / EBITDA*12.4×13.3×1.0×
EV / Sales*3.8×5.7×1.9×
Net debt / EBITDA4.9×5.6×0.7×
Return on capital employed5.7%6.1%0.4%
Operating margin17.2%23.0%5.8%
Free cash flow margin2.0%−7.2%+9.2%
Compared against

AEE, CMS, DUK, EVRG, EXC, LNT, NI, PCG, PEG, WEC, XEL.

Medians are taken across peers where the measure could be computed, so the sample differs by row. Green marks the direction conventionally read as cheaper or stronger — it is a direction, not a recommendation. * Price-based multiples move with the market; peer figures are a snapshot taken 2026-09-09. The remaining rows come from filed statements and hold until the next reporting season.

03

Market ratios

Price-based ratios from market data. Anything drawn from a filed statement is in the enterprise-value section above, with its source.

Valuation and financial-health metrics for CONSOLIDATED EDISON INC (ED)
MetricValue
Price$106.00
PEGY ratio
Dividend yield3.06%
Price / book
Price / sales
Return on equity9.0%
Profit margin
Operating margin
Debt / equity108.15
Current ratio
Beta0.25
52-week range$94.96 – $116.23

Not reported for ED: pegy ratio, price / book, price / sales, profit margin, operating margin, current ratio. A dash means the figure was not available from the source, not that it is zero.

04

Compare and chart

Compare ED vs Competitors

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05

About ED’s valuation

What is the PEG ratio for CONSOLIDATED EDISON INC (ED)?
CONSOLIDATED EDISON INC has a PEG ratio of 2.86, from a P/E of 18.79 and earnings growth of 6.6% a year measured across 3 years of filed accounts. That is above the 2.0 level conventionally read as expensive relative to growth. Note that PEG is conventionally quoted against forecast growth; this uses reported history, so it will differ from a PEG you see elsewhere.
Is ED undervalued right now?
That depends on the measure. On PEG, ED reads 2.86, above the 2.0 level conventionally read as expensive relative to growth. The PEG ratio compares price to earnings growth alone — it ignores debt, cash generation and asset backing, so it is a starting point rather than a conclusion. The enterprise-value measures above account for debt and cash; they often tell a different story.
What is the PEGY ratio for ED?
The PEGY ratio for CONSOLIDATED EDISON INC is —. PEGY adds the dividend yield of 3.06% to the growth rate in the denominator, which gives a fairer reading of companies returning cash as income rather than growth.
Where do these ED figures come from?
Market price and capitalisation come from live market data; earnings, growth and dividend figures come from CONSOLIDATED EDISON INC's published financial statements. Every derived ratio on this page shows the arithmetic that produced it.

This page describes published financial data. It is not investment advice and makes no recommendation to buy or sell ED.