Consolidated Edison Inc (ED)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,820,000 | 1,844,000 | 1,782,000 | 1,806,000 | 2,519,000 | 2,375,000 | 2,462,000 | 2,491,000 | 1,660,000 | 1,694,000 | 1,619,000 | 1,529,000 | 1,346,000 | 1,165,000 | 1,120,000 | 1,145,000 | 1,101,000 | 1,353,000 | 1,392,000 | 1,354,000 |
| Total stockholders’ equity | US$ in thousands | 21,962,000 | 21,898,000 | 21,560,000 | 21,615,000 | 21,158,000 | 21,078,000 | 20,805,000 | 20,843,000 | 20,687,000 | 20,748,000 | 20,387,000 | 20,378,000 | 20,037,000 | 20,037,000 | 19,743,000 | 19,033,000 | 18,847,000 | 18,494,000 | 18,225,000 | 18,261,000 |
| ROE | 8.29% | 8.42% | 8.27% | 8.36% | 11.91% | 11.27% | 11.83% | 11.95% | 8.02% | 8.16% | 7.94% | 7.50% | 6.72% | 5.81% | 5.67% | 6.02% | 5.84% | 7.32% | 7.64% | 7.41% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,820,000K ÷ $21,962,000K
= 8.29%
Consolidated Edison Inc's return on equity (ROE) has shown fluctuations over the past few years.
Starting at 7.41% in March 2020, the ROE increased slightly to 7.64% by June 2020 before dipping to 5.84% by December 2020. It continued to hover around the 6% range in the first half of 2021, gradually increasing to 8.16% by September 2022.
There was a notable spike in ROE to 11.95% in March 2023, which decreased slightly to 8.36% by March 2024. Despite some fluctuations, the ROE remained in the range of 8% in the following periods, reaching 8.29% by December 2024.
Overall, the ROE of Consolidated Edison Inc has shown some variability, experiencing both increases and decreases over the analyzed period. Investors and analysts may want to further investigate the factors influencing these fluctuations to assess the company's profitability and efficiency in generating returns for its shareholders.
Peer comparison
Dec 31, 2024