Consolidated Edison Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	16,918	15,256	14,663	15,670	13,676
Revenue Growth (YoY)	10.89%	4.04%	-6.43%	14.58%	11.68%
Fuel & Purchased Power	3,206	2,739	2,823	2,835	2,064
Operations & Maintenance	3,804	3,751	3,606	3,905	3,254
Depreciation & Amortization	2,321	2,155	2,031	2,056	2,032
Other Operating Expenses	3,886	3,328	3,127	3,896	3,638
Total Operating Expenses	13,217	11,973	11,587	12,692	10,988
Operating Income	3,701	3,283	3,076	2,978	2,688
Interest Expense	-1,295	-1,250	-1,075	-987	-930
Interest Income	63	62	62	119	14
Net Interest Expense	-1,232	-1,188	-1,013	-868	-916
Allowance for Equity Funds for Construction	69	38	26	19	21
Allowance for Borrowed Funds for Construction	62	63	52	36	11
Other Non-Operating Income (Expenses)	-7	4	-3	-67	-1
EBT Excluding Unusual Items	2,593	2,200	2,138	2,098	1,803
Gain (Loss) on Sale of Investments	-	-	-	-	-420
Gain (Loss) on Sale of Assets	4	-62	865	-	-
Pretax Income	2,597	2,138	3,003	2,098	1,383
Income Tax Expense	574	318	487	498	190
Earnings From Continuing Ops.	2,023	1,820	2,516	1,600	1,193
Minority Interest in Earnings	-	-	3	60	153
Net Income	2,023	1,820	2,519	1,660	1,346
Net Income to Common	2,023	1,820	2,519	1,660	1,346
Net Income Growth	11.15%	-27.75%	51.75%	23.33%	22.25%
Shares Outstanding (Basic)	357	346	348	355	348
Shares Outstanding (Diluted)	359	347	349	356	349
Shares Change (YoY)	3.28%	-0.57%	-1.83%	1.83%	4.08%
EPS (Basic)	5.66	5.26	7.24	4.68	3.86
EPS (Diluted)	5.64	5.24	7.21	4.66	3.85
EPS Growth	7.63%	-27.32%	54.72%	21.04%	17.38%
Free Cash Flow	36	-1,157	-2,338	-233	-1,220
Free Cash Flow Per Share	0.10	-3.33	-6.69	-0.66	-3.49
Dividend Per Share	3.400	3.320	3.240	3.160	3.100
Dividend Growth	2.41%	2.47%	2.53%	1.93%	1.31%
Profit Margin	11.96%	11.93%	17.18%	10.59%	9.84%
Free Cash Flow Margin	0.21%	-7.58%	-15.95%	-1.49%	-8.92%
EBITDA	6,022	5,438	5,107	5,034	4,720
EBITDA Margin	35.59%	35.64%	34.83%	32.13%	34.51%
D&A For EBITDA	2,321	2,155	2,031	2,056	2,032
EBIT	3,701	3,283	3,076	2,978	2,688
EBIT Margin	21.88%	21.52%	20.98%	19.00%	19.66%
Effective Tax Rate	22.10%	14.87%	16.22%	23.74%	13.74%
Revenue as Reported	16,918	15,256	14,663	15,670	13,676

Source: S&P Global Market Intelligence. Utility template. Financial Sources.