Consolidated Edison Inc (ED)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 3,181,000 | 3,754,000 | 3,450,000 | 3,461,000 | 3,483,000 | 3,189,000 | 3,355,000 | 3,251,000 | 3,065,000 | 2,720,000 | 2,670,000 | 2,626,000 | 2,568,000 | 2,486,000 | 2,462,000 | 2,504,000 | 2,416,000 | 2,584,000 | 2,582,000 | 2,601,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 14.48% | 17.14% | 16.00% | 16.01% | 16.46% | 15.13% | 16.13% | 15.60% | 14.82% | 13.11% | 13.10% | 12.89% | 12.82% | 12.41% | 12.47% | 13.16% | 12.82% | 13.97% | 14.17% | 14.24% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $3,181,000K ÷ ($—K + $21,962,000K)
= 14.48%
Consolidated Edison Inc's Return on Total Capital has shown some fluctuations over the analyzed period. It started at 14.24% on March 31, 2020, and generally trended downwards until reaching its lowest point of 12.41% on September 30, 2021. Subsequently, the ratio started to recover, peaking at 17.14% on September 30, 2024, before dropping slightly to 14.48% by the end of December 31, 2024.
Overall, the company's Return on Total Capital demonstrates the efficiency of utilizing its total capital to generate profits and indicates its ability to generate returns for both its debt and equity holders. The fluctuations observed in the ratio may reflect changes in the company's financial structure, profitability, and capital allocation decisions over time.
Peer comparison
Dec 31, 2024