ED Consolidated Edison

FY2025 10-K
Filed: Feb 19, 2026
Utilities
Electric & Other Services CombinedSEC EDGAR

Consolidated Edison (ED) filed its fiscal year 2025 10-K annual report with the SEC on Feb 19, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Electric and gas utility operations primarily through subsidiaries CECONY and O&R
  • Emphasis on renewable energy growth highlighted by completion of Broken Bow II sale in January 2025
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Management Discussion & Analysis

  • No revenue or profit figures provided in this MD&A excerpt
  • Risks from external environment changes may impact asset values and investment returns
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Risk Factors

  • Regulatory risk: CECONY’s surcharge recovery caps limit late payment and write-off cost recovery to 0.5% total customer bill impact per commodity through 2028
  • Financial risk: Aged receivables aged >60 days totaled $1.454B at 12/31/25 vs $1.684B at 12/31/24, pressuring liquidity and collections
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Financial Summary
XBRL

Revenue

$17.0B

Net Income

$2.0B

Operating Margin

17.2%

Net Margin

11.9%

ROE

8.4%

Total Assets

$74.6B

EPS (Diluted)

$5.64

Operating Cash Flow

$4.8B

Source: XBRL data from Consolidated Edison FY2025 10-K filing on SEC EDGAR. All figures in USD.

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