CEG vs. ED: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at CEG and ED, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | CEG | ED |
|---|---|---|
| Company Name | Constellation Energy Corporation | Consolidated Edison, Inc. |
| Country | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry | Electric Utilities | Multi-Utilities |
| Market Capitalization | 102.35 billion USD | 37.39 billion USD |
| Exchange | NasdaqGS | NYSE |
| Listing Date | January 19, 2022 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of CEG and ED by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | CEG | ED |
|---|---|---|
| 5-Day Price Return | -2.61% | -1.28% |
| 13-Week Price Return | 14.85% | 0.12% |
| 26-Week Price Return | 5.08% | 8.64% |
| 52-Week Price Return | 74.89% | 1.69% |
| Month-to-Date Return | -5.81% | 0.15% |
| Year-to-Date Return | 46.45% | 16.17% |
| 10-Day Avg. Volume | 2.78M | 2.56M |
| 3-Month Avg. Volume | 3.11M | 2.72M |
| 3-Month Volatility | 35.51% | 18.54% |
| Beta | 1.15 | 0.32 |
Profitability
Return on Equity (TTM)
CEG
23.08%
Electric Utilities Industry
- Max
- 23.82%
- Q3
- 14.31%
- Median
- 10.58%
- Q1
- 7.57%
- Min
- 1.03%
In the upper quartile for the Electric Utilities industry, CEG’s Return on Equity of 23.08% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
ED
8.48%
Multi-Utilities Industry
- Max
- 19.69%
- Q3
- 12.97%
- Median
- 9.30%
- Q1
- 7.88%
- Min
- 4.34%
ED’s Return on Equity of 8.48% is on par with the norm for the Multi-Utilities industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
CEG
12.12%
Electric Utilities Industry
- Max
- 29.46%
- Q3
- 17.23%
- Median
- 11.43%
- Q1
- 7.33%
- Min
- -2.53%
CEG’s Net Profit Margin of 12.12% is aligned with the median group of its peers in the Electric Utilities industry. This indicates its ability to convert revenue into profit is typical for the sector.
ED
11.99%
Multi-Utilities Industry
- Max
- 25.37%
- Q3
- 15.24%
- Median
- 8.50%
- Q1
- 4.09%
- Min
- -1.05%
ED’s Net Profit Margin of 11.99% is aligned with the median group of its peers in the Multi-Utilities industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
CEG
15.47%
Electric Utilities Industry
- Max
- 46.44%
- Q3
- 26.51%
- Median
- 19.26%
- Q1
- 11.77%
- Min
- 2.81%
CEG’s Operating Profit Margin of 15.47% is around the midpoint for the Electric Utilities industry, indicating that its efficiency in managing core business operations is typical for the sector.
ED
17.64%
Multi-Utilities Industry
- Max
- 43.73%
- Q3
- 25.91%
- Median
- 19.49%
- Q1
- 8.11%
- Min
- -0.18%
ED’s Operating Profit Margin of 17.64% is around the midpoint for the Multi-Utilities industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | CEG | ED |
|---|---|---|
| Return on Equity (TTM) | 23.08% | 8.48% |
| Return on Assets (TTM) | 5.73% | 2.72% |
| Net Profit Margin (TTM) | 12.12% | 11.99% |
| Operating Profit Margin (TTM) | 15.47% | 17.64% |
| Gross Profit Margin (TTM) | 46.71% | 46.69% |
Financial Strength
Current Ratio (MRQ)
CEG
1.48
Electric Utilities Industry
- Max
- 1.81
- Q3
- 1.22
- Median
- 0.99
- Q1
- 0.78
- Min
- 0.34
CEG’s Current Ratio of 1.48 is in the upper quartile for the Electric Utilities industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
ED
1.28
Multi-Utilities Industry
- Max
- 1.64
- Q3
- 1.22
- Median
- 0.94
- Q1
- 0.86
- Min
- 0.50
ED’s Current Ratio of 1.28 is in the upper quartile for the Multi-Utilities industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
Debt-to-Equity Ratio (MRQ)
CEG
0.62
Electric Utilities Industry
- Max
- 3.40
- Q3
- 1.83
- Median
- 1.32
- Q1
- 0.64
- Min
- 0.00
Falling into the lower quartile for the Electric Utilities industry, CEG’s Debt-to-Equity Ratio of 0.62 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
ED
1.08
Multi-Utilities Industry
- Max
- 2.58
- Q3
- 1.96
- Median
- 1.56
- Q1
- 1.20
- Min
- 0.53
Falling into the lower quartile for the Multi-Utilities industry, ED’s Debt-to-Equity Ratio of 1.08 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
Interest Coverage Ratio (TTM)
CEG
9.92
Electric Utilities Industry
- Max
- 18.68
- Q3
- 10.64
- Median
- 3.32
- Q1
- 2.62
- Min
- -3.31
CEG’s Interest Coverage Ratio of 9.92 is positioned comfortably within the norm for the Electric Utilities industry, indicating a standard and healthy capacity to cover its interest payments.
ED
3.23
Multi-Utilities Industry
- Max
- 12.21
- Q3
- 7.03
- Median
- 3.61
- Q1
- 2.92
- Min
- 1.62
ED’s Interest Coverage Ratio of 3.23 is positioned comfortably within the norm for the Multi-Utilities industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | CEG | ED |
|---|---|---|
| Current Ratio (MRQ) | 1.48 | 1.28 |
| Quick Ratio (MRQ) | 1.22 | 0.98 |
| Debt-to-Equity Ratio (MRQ) | 0.62 | 1.08 |
| Interest Coverage Ratio (TTM) | 9.92 | 3.23 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
CEG
0.46%
Electric Utilities Industry
- Max
- 7.00%
- Q3
- 4.67%
- Median
- 3.84%
- Q1
- 2.48%
- Min
- 0.00%
CEG’s Dividend Yield of 0.46% is in the lower quartile for the Electric Utilities industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
ED
2.99%
Multi-Utilities Industry
- Max
- 8.75%
- Q3
- 5.46%
- Median
- 4.09%
- Q1
- 2.93%
- Min
- 0.00%
ED’s Dividend Yield of 2.99% is consistent with its peers in the Multi-Utilities industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio (TTM)
CEG
15.49%
Electric Utilities Industry
- Max
- 150.16%
- Q3
- 88.91%
- Median
- 65.69%
- Q1
- 34.65%
- Min
- 0.00%
CEG’s Dividend Payout Ratio of 15.49% is in the lower quartile for the Electric Utilities industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
ED
58.59%
Multi-Utilities Industry
- Max
- 128.77%
- Q3
- 97.17%
- Median
- 66.46%
- Q1
- 52.95%
- Min
- 24.73%
ED’s Dividend Payout Ratio of 58.59% is within the typical range for the Multi-Utilities industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | CEG | ED |
|---|---|---|
| Dividend Yield (TTM) | 0.46% | 2.99% |
| Dividend Payout Ratio (TTM) | 15.49% | 58.59% |
Valuation
Price-to-Earnings Ratio (TTM)
CEG
34.02
Electric Utilities Industry
- Max
- 39.85
- Q3
- 21.79
- Median
- 15.62
- Q1
- 8.97
- Min
- 3.03
A P/E Ratio of 34.02 places CEG in the upper quartile for the Electric Utilities industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
ED
19.63
Multi-Utilities Industry
- Max
- 28.21
- Q3
- 21.40
- Median
- 16.89
- Q1
- 11.54
- Min
- 5.08
ED’s P/E Ratio of 19.63 is within the middle range for the Multi-Utilities industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
CEG
4.12
Electric Utilities Industry
- Max
- 5.96
- Q3
- 3.09
- Median
- 1.93
- Q1
- 1.14
- Min
- 0.15
CEG’s P/S Ratio of 4.12 is in the upper echelon for the Electric Utilities industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
ED
2.35
Multi-Utilities Industry
- Max
- 4.54
- Q3
- 3.52
- Median
- 1.87
- Q1
- 0.50
- Min
- 0.27
ED’s P/S Ratio of 2.35 aligns with the market consensus for the Multi-Utilities industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
CEG
7.52
Electric Utilities Industry
- Max
- 2.99
- Q3
- 1.99
- Median
- 1.46
- Q1
- 1.11
- Min
- 0.18
At 7.52, CEG’s P/B Ratio is at an extreme premium to the Electric Utilities industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
ED
1.67
Multi-Utilities Industry
- Max
- 2.70
- Q3
- 1.97
- Median
- 1.46
- Q1
- 1.21
- Min
- 0.86
ED’s P/B Ratio of 1.67 is within the conventional range for the Multi-Utilities industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | CEG | ED |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 34.02 | 19.63 |
| Price-to-Sales Ratio (TTM) | 4.12 | 2.35 |
| Price-to-Book Ratio (MRQ) | 7.52 | 1.67 |
| Price-to-Free Cash Flow Ratio (TTM) | 144.16 | 147.27 |