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ED vs. FTS: Consolidated Edison vs. Fortis Stock Comparison

How do Consolidated Edison (ED) and Fortis (FTS) 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 Fortis (FTS) both fall under the Utilities industry group, but ED is classified in Multi-Utilities while FTS is classified in Electric Utilities.

Company profile comparison for Consolidated Edison (ED) and Fortis (FTS)
Profile ItemEDFTS
NameConsolidated Edison Inc.Fortis Inc.
Country/RegionUnited StatesCanada
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryMulti-UtilitiesElectric Utilities
GICS Sub-IndustryMulti-UtilitiesElectric Utilities
Market Capitalization44.00 billion USD31.00 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJanuary 2, 1962January 5, 2010
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ED
FTS
GSPC
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Consolidated Edison (ED) vs. Fortis (FTS), 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 Fortis (FTS). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Consolidated Edison (ED) and Fortis (FTS)
MetricEDFTS
Total Return (1Y)24.62%19.13%
Total Return (3Y, Annualized)13.82%17.59%
Total Return (5Y, Annualized)12.66%9.53%

Risk Profile

Drawdown History

ED
FTS
GSPC
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Consolidated Edison (ED) vs. Fortis (FTS), 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 Fortis (FTS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Consolidated Edison (ED) and Fortis (FTS)
MetricEDFTS
Volatility (1Y, Annualized)17.94%14.85%
Beta (5Y)0.230.40
Max Drawdown (5Y)-22.03%-30.13%
Avg. Volume (3M)2.21M879.23K

Risk-Adjusted Performance

Risk-Return Positioning

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ED and FTS 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 Fortis (FTS)
MetricEDFTS
Sharpe Ratio (1Y)1.131.00
Sortino Ratio (1Y)1.741.53

Profitability

ROE (TTM)

Consolidated Edison (ED) at 9.10% is around its peer norm for ROE, while Fortis (FTS) at 7.55% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.

ED

Utilities industry group

9.10%

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

FTS

Utilities industry group

7.55%

Max
17.99%
Q3
12.01%
Median
9.44%
Q1
7.56%
FTS
7.55%
Min
2.17%
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Consolidated Edison (ED) vs. Fortis (FTS): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both Consolidated Edison (ED) at 12.70% and Fortis (FTS) at 15.01% 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%

FTS

Utilities industry group

15.01%

Max
28.78%
Q3
17.30%
FTS
15.01%
Median
12.73%
Q1
9.18%
Min
-0.20%
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Consolidated Edison (ED) vs. Fortis (FTS): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both Consolidated Edison (ED) at 26.28% and Fortis (FTS) at 30.69% 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%

FTS

Utilities industry group

30.69%

Max
53.83%
Q3
31.12%
FTS
30.69%
Median
23.62%
Q1
15.45%
Min
-4.90%
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Consolidated Edison (ED) vs. Fortis (FTS): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Consolidated Edison (ED) and Fortis (FTS)
MetricEDFTS
ROE (TTM)9.10%7.55%
ROA (TTM)3.33%2.93%
Net Margin (TTM)12.70%15.01%
Operating Margin (TTM)26.28%30.69%
Gross Margin (TTM)53.72%45.52%

Growth

Revenue Growth

Both Consolidated Edison (ED) at 10.89% and Fortis (FTS) at 5.75% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Consolidated Edison (ED) vs. Fortis (FTS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Consolidated Edison (ED) at 7.63% and Fortis (FTS) at 4.94% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Consolidated Edison (ED) vs. Fortis (FTS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Consolidated Edison (ED) and Fortis (FTS)
MetricEDFTS
Revenue Growth (YoY)10.89%5.75%
Revenue Growth (3Y CAGR)2.59%3.29%
EPS Growth (YoY)7.63%4.94%
EPS Growth (3Y CAGR)6.57%6.94%

Financial Strength

Current Ratio (MRQ)

Fortis (FTS) at 0.69 keeps current ratio within its industry’s typical mid-range, while Consolidated Edison (ED) at 1.18 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

ED

Utilities industry group

1.18

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

FTS

Utilities industry group

0.69

Max
1.90
Q3
1.17
Median
0.88
FTS
0.69
Q1
0.66
Min
0.29
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Consolidated Edison (ED) vs. Fortis (FTS): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Both Consolidated Edison (ED) at 1.06 and Fortis (FTS) at 1.35 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

ED

Utilities industry group

1.06

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

FTS

Utilities industry group

1.35

Max
2.63
Q3
1.77
FTS
1.35
Median
1.35
Q1
0.84
Min
0.00
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Consolidated Edison (ED) vs. Fortis (FTS): 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 Fortis (FTS)
MetricEDFTS
Current Ratio (MRQ)1.180.69
Debt / Equity (MRQ)1.061.35
Net Debt / EBITDA4.426.22

Dividends

Dividend Yield (TTM)

Fortis (FTS) at 4.18% delivers top-quartile income for its industry, while Consolidated Edison (ED) at 2.89% pays a more typical yield — both are credible income propositions, FTS 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%

FTS

Utilities industry group

4.18%

Max
6.66%
FTS
4.18%
Q3
3.58%
Median
2.85%
Q1
0.66%
Min
0.00%
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Consolidated Edison (ED) vs. Fortis (FTS): 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 Fortis (FTS) at 72.73% 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%

FTS

Utilities industry group

72.73%

Max
113.04%
FTS
72.73%
Q3
68.72%
Median
56.38%
Q1
32.38%
Min
0.00%
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Consolidated Edison (ED) vs. Fortis (FTS): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Consolidated Edison (ED) and Fortis (FTS)
MetricEDFTS
Dividend Yield (TTM)2.89%4.18%
Dividend Payout Ratio (TTM)56.38%72.73%

Valuation

P/E Ratio (TTM)

Consolidated Edison (ED) at 19.03 is near its industry’s usual P/E ratio, while Fortis (FTS) at 23.66 sits in the richer quartile — FTS needs stronger growth or earnings quality to justify the premium.

ED

Utilities industry group

19.03

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

FTS

Utilities industry group

23.66

Max
31.22
FTS
23.66
Q3
23.30
Median
19.64
Q1
15.17
Min
3.34
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Consolidated Edison (ED) vs. Fortis (FTS): 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 Fortis (FTS) at 2.47 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

FTS

Utilities industry group

2.47

Max
6.35
Q3
3.63
Median
2.63
FTS
2.47
Q1
1.52
Min
0.00
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Consolidated Edison (ED) vs. Fortis (FTS): 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 Fortis (FTS) at 1.79 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

FTS

Utilities industry group

1.79

Max
3.12
Q3
2.21
Median
1.83
FTS
1.79
Q1
1.46
Min
0.34
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Consolidated Edison (ED) vs. Fortis (FTS): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Consolidated Edison (ED) and Fortis (FTS)
MetricEDFTS
P/E Ratio (TTM)19.0323.66
P/S Ratio (TTM)2.432.47
P/B Ratio (MRQ)1.671.79
Free Cash Flow Yield (TTM)-3.05%-9.42%