Consolidated Edison (ED) FY2025 10-K Annual Report

Filed: Feb 19, 2026
Utilities
Electric & Other Services CombinedSEC EDGAR

Consolidated Edison (ED) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 19, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Consolidated Edison FY2025 10-K Analysis

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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Consolidated Edison FY2025 Key Financial Metrics
XBRL

Revenue

$17.0B

+10.2% YoY

Net Income

$2.0B

+11.2% YoY

Operating Margin

17.2%

-5bp YoY

Net Margin

11.9%

+10bp YoY

ROE

8.4%

+8bp YoY

Total Assets

$74.6B

+5.7% YoY

EPS (Diluted)

$5.64

+7.6% YoY

Operating Cash Flow

$4.8B

+32.8% YoY

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

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