Thu, May 1, 8:50 PM (10 days ago)
**Consolidated Edison, Inc. (ED) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $4,798 million (up from $4,280 million in Q1 2024). - **Net Income:** $791 million (up from $720 million in Q1 2024). - **Earnings per Share (EPS):** $2.26 (up from $2.08 in Q1 2024). - **Cash Flow from Operations:** $837 million (up from $573 million in Q1 2024). **Profit Margins:** - **Operating Margin:** Approximately 23.4% (up from 23.6% in Q1 2024). - **Net Margin:** Approximately 16.5% (up from 16.8% in Q1 2024). **Cash Flow:** - **Operating Cash Flow:** $837 million (up from $573 million in Q1 2024). - **Investing Cash Flow:** -$1,231 million (down from -$1,344 million in Q1 2024). - **Financing Cash Flow:** -$579 million (down from -$249 million in Q1 2024). **Earnings Changes:** - **Year-over-Year Growth:** Net income increased by 10.1%. - **Quarterly Performance:** Strong performance driven by higher revenues and operational efficiencies. **Trends & Uncertainties:** - **Rate Plans:** CECONY filed requests for electric and gas rate increases, reflecting a return on common equity of 10.0% and a common equity ratio of 48%. - **Aged Accounts Receivable:** Increased aged accounts receivable balances impact liquidity. - **Regulatory Matters:** Ongoing reviews and investigations by regulatory bodies. - **Environmental Matters:** Continued focus on environmental remediation and compliance. **Future Operations Impact:** - **Capital Expenditures:** $1,091 million (up from $1,090 million in Q1 2024). - **Debt Management:** Strategic debt issuances and refinancing to manage interest rate risks. - **Investment in Clean Energy:** Continued investment in clean energy projects and transmission infrastructure. **Summary:** Consolidated Edison, Inc. (ED) reported strong financial performance in Q1 2025, with significant increases in revenue, net income, and earnings per share. The company continues to invest in capital expenditures and clean energy projects while managing regulatory and environmental challenges. The outlook remains positive, with strategic initiatives to enhance operational efficiency and financial stability.