Consolidated Edison Inc (ED)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 82.05% | 50.50% | 49.04% | 56.07% | 58.38% |
| Operating profit margin | 17.50% | 21.80% | 16.75% | 20.66% | 21.67% |
| Pretax margin | 14.01% | 20.48% | 13.39% | 10.11% | 10.08% |
| Net profit margin | 11.93% | 17.18% | 10.59% | 9.84% | 8.99% |
Consolidated Edison Inc's profitability ratios show fluctuations over the years. The gross profit margin decreased from 58.38% in 2020 to 56.07% in 2021, and further dropped to 49.04% in 2022 before recovering to 50.50% in 2023 and surging to 82.05% in 2024.
Similarly, the operating profit margin saw a decline from 21.67% in 2020 to 20.66% in 2021 and further decreased to 16.75% in 2022. It then rose to 21.80% in 2023 before dropping to 17.50% in 2024.
The pretax margin experienced a slight increase from 10.08% in 2020 to 10.11% in 2021, followed by a notable jump to 13.39% in 2022, a further increase to 20.48% in 2023, and a decline to 14.01% in 2024.
Finally, the net profit margin rose from 8.99% in 2020 to 9.84% in 2021, further increased to 10.59% in 2022, and spiked to 17.18% in 2023 before falling to 11.93% in 2024.
Overall, although there were fluctuations in the ratios, Consolidated Edison Inc generally maintained healthy profitability levels, with 2023 standing out as a particularly strong year for the company in terms of profit margins.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.61% | 4.82% | 3.80% | 4.48% | 4.22% |
| Return on assets (ROA) | 7.91% | 3.80% | 2.40% | 2.13% | 1.75% |
| Return on total capital | 15.14% | 19.05% | 14.40% | 13.42% | 13.00% |
| Return on equity (ROE) | 8.29% | 11.91% | 8.02% | 6.72% | 5.84% |
Consolidated Edison Inc's profitability ratios show a mixed trend over the past five years. The Operating return on assets (Operating ROA) has fluctuated, with a slight increase from 4.22% in 2020 to 4.48% in 2021, followed by a dip to 3.80% in 2022, and a significant jump to 11.61% in 2024.
The Return on assets (ROA) has also shown variability, starting at 1.75% in 2020, gradually increasing to 3.80% in 2023, and then a substantial improvement to 7.91% in 2024.
The Return on total capital has been on an upward trajectory overall, rising from 13.00% in 2020 to 19.05% in 2023, before decreasing slightly to 15.14% in 2024.
Meanwhile, the Return on equity (ROE) has displayed a similar pattern, starting at 5.84% in 2020, reaching 11.91% in 2023, and then dropping to 8.29% in 2024.
Overall, while the company's profitability ratios have fluctuated year-over-year, there have been notable improvements in certain metrics, such as ROA and ROE, indicating a positive trend in the company's ability to generate returns for its shareholders and efficiently utilize its assets and capital.