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Consolidated Edison vs Public Service Enterprise: revenue, profit, margins and growth compared

Consolidated Edison brought in $17B of revenue in fiscal 2025, Public Service Enterprise $12.2B in fiscal 2025. Revenue changed by +10.2% at Consolidated Edison and +18.3% at Public Service Enterprise on the year before, so Public Service Enterprise grew faster. Consolidated Edison kept 11.9% of its revenue as net profit, Public Service Enterprise 17.3%.

Side by side, latest fiscal year

EDPEG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$17B$12.2B
Revenue growth+10.2%+18.3%
Net income$2B$2.1B
Net margin11.9%17.3%
Free cash flown/a$26M
Free cash flow marginn/a0.2%
Earnings per share (diluted)$5.64$4.22
Cash$1.6B$132M
Debt$25.8B$22.5B
Price to earnings18.315.9
Market value$38.1B$33.4B
Dividend yieldn/a3.76%
Rank by revenue in sector#15 of 109 · Utilities#27 of 109 · Utilities

Over the years

Revenue
ED FY2018: $12.3BED FY2019: $12.6BED FY2020: $12.2BED FY2021: $13.7BED FY2022: $15.7BED FY2023: $14.7BED FY2024: $15.5BED FY2025: $17BPEG FY2018: $9.7BPEG FY2019: $10.1BPEG FY2020: $9.6BPEG FY2021: $10.3BPEG FY2022: $11.2BPEG FY2023: $11.2BPEG FY2024: $10.3BPEG FY2025: $12.2BFY18FY19FY20FY21FY22FY23FY24FY25
ED $17BPEG $12.2B
Net income
ED FY2018: $1.4BED FY2019: $1.3BED FY2020: $1.1BED FY2021: $1.3BED FY2022: $1.7BED FY2023: $2.5BED FY2024: $1.8BED FY2025: $2BPEG FY2018: $1.4BPEG FY2019: $1.7BPEG FY2020: $1.9BPEG FY2021: -$648MPEG FY2022: $1BPEG FY2023: $2.6BPEG FY2024: $1.8BPEG FY2025: $2.1BFY18FY19FY20FY21FY22FY23FY24FY25
ED $2BPEG $2.1B
Net margin
ED FY2018: 11.2%ED FY2019: 10.7%ED FY2020: 9.0%ED FY2021: 9.8%ED FY2022: 10.6%ED FY2023: 17.2%ED FY2024: 11.8%ED FY2025: 11.9%PEG FY2018: 14.8%PEG FY2019: 16.8%PEG FY2020: 19.8%PEG FY2021: -6.3%PEG FY2022: 9.2%PEG FY2023: 22.8%PEG FY2024: 17.2%PEG FY2025: 17.3%FY18FY19FY20FY21FY22FY23FY24FY25
ED 11.9%PEG 17.3%
Revenue growth
ED FY2019: +1.9%ED FY2020: -2.6%ED FY2021: +11.7%ED FY2022: +14.6%ED FY2023: -6.4%ED FY2024: +5.5%ED FY2025: +10.2%PEG FY2019: +3.9%PEG FY2020: -4.7%PEG FY2021: +7.4%PEG FY2022: +8.9%PEG FY2023: +0.1%PEG FY2024: -8.4%PEG FY2025: +18.3%FY19FY20FY21FY22FY23FY24FY25
ED +10.2%PEG +18.3%
Free cash flow
ED FY2018: -$2.6BED FY2019: -$542MED FY2020: -$1.9BED FY2021: -$1.2BED FY2022: -$530MPEG FY2018: -$999MPEG FY2019: $213MPEG FY2020: $179MPEG FY2021: -$983MPEG FY2022: -$1.4BPEG FY2023: $481MPEG FY2024: -$1.2BPEG FY2025: $26MFY18FY19FY20FY21FY22FY23FY24FY25
ED -$530MPEG $26M

Fiscal years as each company reports them; the two may end in different months.

Questions about Consolidated Edison and Public Service Enterprise

Which is bigger by revenue, Consolidated Edison or Public Service Enterprise?

Consolidated Edison is bigger by revenue: $17B in fiscal 2025, against $12.2B for Public Service Enterprise in fiscal 2025.

Which keeps more of its revenue as profit, Consolidated Edison or Public Service Enterprise?

Consolidated Edison had a net margin of 11.9% in fiscal 2025; Public Service Enterprise had 17.3% in fiscal 2025.

Which grew revenue faster, Consolidated Edison or Public Service Enterprise?

In their latest fiscal years revenue changed by +10.2% at Consolidated Edison and +18.3% at Public Service Enterprise.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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