With a market cap of $33.5 billion, Consolidated Edison, Inc. (ED) is one of the largest investor-owned utility companies in the U.S., providing electric, gas, and steam services. The New York City-based company operates through its subsidiaries, including Consolidated Edison Company of New York (CECONY) and Orange & Rockland Utilities.
ED shares have underperformed the broader market considerably over the past year. ED has gained 8.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 20.7%. However, in 2025, ED’s stock rose 7.9%, exceeding SPX’s 3.2% rise on a YTD basis.
