ED vs. ES: Consolidated Edison vs. Eversource Energy Stock Comparison

November 11, 2026

How do Consolidated Edison (ED) and Eversource Energy (ES) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Consolidated Edison (ED) and Eversource Energy (ES) both fall under the Utilities industry group, but ED is classified in Multi-Utilities while ES is classified in Electric Utilities.

Company profile comparison for Consolidated Edison (ED) and Eversource Energy (ES)
Profile Item	ED	ES
Name	Consolidated Edison Inc.	Eversource Energy
Country/Region	United States	United States
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Multi-Utilities	Electric Utilities
GICS Sub-Industry	Multi-Utilities	Electric Utilities
Market Capitalization	44.00 billion USD	26.31 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GSPC

Consolidated Edison (ED) vs. Eversource Energy (ES), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Consolidated Edison (ED) and Eversource Energy (ES). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Consolidated Edison (ED) and Eversource Energy (ES). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Consolidated Edison (ED) and Eversource Energy (ES)
Metric	ED	ES
Total Return (1Y)	24.62%	0.35%
Total Return (3Y, Annualized)	13.82%	14.06%
Total Return (5Y, Annualized)	12.66%	0.61%

Risk Profile

Drawdown History

GSPC

Consolidated Edison (ED) vs. Eversource Energy (ES), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Consolidated Edison (ED) and Eversource Energy (ES). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Consolidated Edison (ED) and Eversource Energy (ES)
Metric	ED	ES
Volatility (1Y, Annualized)	17.94%	24.60%
Beta (5Y)	0.23	0.65
Max Drawdown (5Y)	-22.03%	-41.69%
Avg. Volume (3M)	2.21M	2.53M

Risk-Adjusted Performance

Risk-Return Positioning

ED and ES are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Consolidated Edison (ED) and Eversource Energy (ES)
Metric	ED	ES
Sharpe Ratio (1Y)	1.13	-0.16
Sortino Ratio (1Y)	1.74	-0.20

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Consolidated Edison (ED) earns 9.10% on shareholders’ equity, ranked against its industry; Eversource Energy (ES) has no ROE this period.

ED

Utilities industry group

9.10%

Max: 17.99%
Q3: 12.01%
Median: 9.44%
ED: 9.10%
Q1: 7.56%
Min: 2.17%

ES

Utilities industry group

Max: 17.99%
Q3: 12.01%
Median: 9.44%
Q1: 7.56%
Min: 2.17%
ES: --

Consolidated Edison (ED) vs. Eversource Energy (ES): ES does not report ROE, so it has no value marker; ED is benchmarked against the Utilities industry group.

Net Margin (TTM)

Both Consolidated Edison (ED) at 12.70% and Eversource Energy (ES) at 10.38% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

ED

Utilities industry group

12.70%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
ED: 12.70%
Q1: 9.18%
Min: -0.20%

ES

Utilities industry group

10.38%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
ES: 10.38%
Q1: 9.18%
Min: -0.20%

Consolidated Edison (ED) vs. Eversource Energy (ES): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both Consolidated Edison (ED) at 26.28% and Eversource Energy (ES) at 21.14% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

ED

Utilities industry group

26.28%

Max: 53.83%
Q3: 31.12%
ED: 26.28%
Median: 23.62%
Q1: 15.45%
Min: -4.90%

ES

Utilities industry group

21.14%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
ES: 21.14%
Q1: 15.45%
Min: -4.90%

Consolidated Edison (ED) vs. Eversource Energy (ES): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Consolidated Edison (ED) and Eversource Energy (ES)
Metric	ED	ES
ROE (TTM)	9.10%	--
ROA (TTM)	3.33%	--
Net Margin (TTM)	12.70%	10.38%
Operating Margin (TTM)	26.28%	21.14%
Gross Margin (TTM)	53.72%	51.63%

Growth

Revenue Growth

Eversource Energy (ES) at 13.83% sits in the top revenue growth quartile, while Consolidated Edison (ED) at 10.89% is closer to the peer norm — faster top-line expansion for ES.

Consolidated Edison (ED) vs. Eversource Energy (ES): A comparison of their Revenue Growth across different time periods.

EPS Growth

Eversource Energy (ES) at 100.88% clears its industry range for EPS growth, a much stronger earnings trajectory than Consolidated Edison (ED) at 7.63%, which is closer to a typical peer reading.

Consolidated Edison (ED) vs. Eversource Energy (ES): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Consolidated Edison (ED) and Eversource Energy (ES)
Metric	ED	ES
Revenue Growth (YoY)	10.89%	13.83%
Revenue Growth (3Y CAGR)	2.59%	3.30%
EPS Growth (YoY)	7.63%	100.88%
EPS Growth (3Y CAGR)	6.57%	4.03%

Financial Strength

Current Ratio (MRQ)

Short-term liquidity can only be read on one side of this pairing: Consolidated Edison (ED) shows current ratio of 1.18 against its industry benchmark, while Eversource Energy (ES) has no reading this period.

ED

Utilities industry group

1.18

Max: 1.90
ED: 1.18
Q3: 1.17
Median: 0.88
Q1: 0.66
Min: 0.29

ES

Utilities industry group

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
Min: 0.29
ES: --

Consolidated Edison (ED) vs. Eversource Energy (ES): ES does not report current ratio, so it has no value marker; ED is benchmarked against the Utilities industry group.

Debt / Equity (MRQ)

Consolidated Edison (ED) at 1.06 carries an industry-typical debt-to-equity mix, while Eversource Energy (ES) at 1.81 uses more debt funding than most peers.

ED

Utilities industry group

1.06

Max: 2.63
Q3: 1.77
Median: 1.35
ED: 1.06
Q1: 0.84
Min: 0.00

ES

Utilities industry group

1.81

Max: 2.63
ES: 1.81
Q3: 1.77
Median: 1.35
Q1: 0.84
Min: 0.00

Consolidated Edison (ED) vs. Eversource Energy (ES): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Consolidated Edison (ED) and Eversource Energy (ES)
Metric	ED	ES
Current Ratio (MRQ)	1.18	--
Debt / Equity (MRQ)	1.06	1.81
Net Debt / EBITDA	4.42	5.73

Dividends

Dividend Yield (TTM)

Eversource Energy (ES) at 4.33% delivers top-quartile income for its industry, while Consolidated Edison (ED) at 2.89% pays a more typical yield — both are credible income propositions, ES the richer one.

ED

Utilities industry group

2.89%

Max: 6.66%
Q3: 3.58%
ED: 2.89%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

ES

Utilities industry group

4.33%

Max: 6.66%
ES: 4.33%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

Consolidated Edison (ED) vs. Eversource Energy (ES): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Consolidated Edison (ED) at 56.38% pays out a band-typical share of earnings, while Eversource Energy (ES) at 82.19% distributes more than its industry norm — less retained, thinner cover.

ED

Utilities industry group

56.38%

Max: 113.04%
Q3: 68.72%
ED: 56.38%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

ES

Utilities industry group

82.19%

Max: 113.04%
ES: 82.19%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

Consolidated Edison (ED) vs. Eversource Energy (ES): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Consolidated Edison (ED) and Eversource Energy (ES)
Metric	ED	ES
Dividend Yield (TTM)	2.89%	4.33%
Dividend Payout Ratio (TTM)	56.38%	82.19%

Valuation

P/E Ratio (TTM)

Both Consolidated Edison (ED) at 19.03 and Eversource Energy (ES) at 18.43 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

ED

Utilities industry group

19.03

Max: 31.22
Q3: 23.30
Median: 19.64
ED: 19.03
Q1: 15.17
Min: 3.34

ES

Utilities industry group

18.43

Max: 31.22
Q3: 23.30
Median: 19.64
ES: 18.43
Q1: 15.17
Min: 3.34

Consolidated Edison (ED) vs. Eversource Energy (ES): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Consolidated Edison (ED) at 2.43 and Eversource Energy (ES) at 1.91 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

ED

Utilities industry group

2.43

Max: 6.35
Q3: 3.63
Median: 2.63
ED: 2.43
Q1: 1.52
Min: 0.00

ES

Utilities industry group

1.91

Max: 6.35
Q3: 3.63
Median: 2.63
ES: 1.91
Q1: 1.52
Min: 0.00

Consolidated Edison (ED) vs. Eversource Energy (ES): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Consolidated Edison (ED) at 1.67 and Eversource Energy (ES) at 1.61 are valued close to their industries’ norm against book — neither stands out from peers.

ED

Utilities industry group

1.67

Max: 3.12
Q3: 2.21
Median: 1.83
ED: 1.67
Q1: 1.46
Min: 0.34

ES

Utilities industry group

1.61

Max: 3.12
Q3: 2.21
Median: 1.83
ES: 1.61
Q1: 1.46
Min: 0.34

Consolidated Edison (ED) vs. Eversource Energy (ES): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Consolidated Edison (ED) and Eversource Energy (ES)
Metric	ED	ES
P/E Ratio (TTM)	19.03	18.43
P/S Ratio (TTM)	2.43	1.91
P/B Ratio (MRQ)	1.67	1.61
Free Cash Flow Yield (TTM)	-3.05%	--