Consolidated Edison Inc (ED)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,138,000 | 3,003,000 | 2,098,000 | 1,383,000 | 1,234,000 |
| Revenue | US$ in thousands | 15,256,000 | 14,663,000 | 15,670,000 | 13,676,000 | 12,246,000 |
| Pretax margin | 14.01% | 20.48% | 13.39% | 10.11% | 10.08% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,138,000K ÷ $15,256,000K
= 14.01%
Consolidated Edison Inc's pretax margin has shown variability over the past five years. The company's pretax margin was 10.08% as of December 31, 2020, and slightly increased to 10.11% by December 31, 2021. However, there was a notable improvement in profitability in the following years, with the pretax margin reaching 13.39% as of December 31, 2022, and further increasing to 20.48% by December 31, 2023.
In the most recent period as of December 31, 2024, the pretax margin decreased to 14.01%. This indicates that Consolidated Edison Inc experienced a significant upswing in profitability in 2023, followed by a slight decline in 2024. It is essential to further investigate the underlying factors that contributed to these fluctuations to assess the company's overall financial health and performance.
Peer comparison
Dec 31, 2024