ED vs. PCG: Consolidated Edison vs. PG&E Stock Comparison
How do Consolidated Edison (ED) and PG&E (PCG) 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 PG&E (PCG) both fall under the Utilities industry group, but ED is classified in Multi-Utilities while PCG is classified in Electric Utilities.
| Profile Item | ED | PCG |
|---|---|---|
| Name | Consolidated Edison Inc. | PG&E Corporation |
| 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 | 28.57 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ED | PCG |
|---|---|---|
| Total Return (1Y) | 24.62% | -19.03% |
| Total Return (3Y, Annualized) | 13.82% | -6.50% |
| Total Return (5Y, Annualized) | 12.66% | 2.05% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ED | PCG |
|---|---|---|
| Volatility (1Y, Annualized) | 17.94% | 34.84% |
| Beta (5Y) | 0.23 | 0.17 |
| Max Drawdown (5Y) | -22.03% | -43.92% |
| Avg. Volume (3M) | 2.21M | 39.33M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ED | PCG |
|---|---|---|
| Sharpe Ratio (1Y) | 1.13 | -0.67 |
| Sortino Ratio (1Y) | 1.74 | -0.81 |
Profitability
ROE (TTM)
Both Consolidated Edison (ED) at 9.10% and PG&E (PCG) at 8.89% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
ED
Utilities industry group
9.10%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- ED
- 9.10%
- Q1
- 7.56%
- Min
- 2.17%
PCG
Utilities industry group
8.89%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- PCG
- 8.89%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Both Consolidated Edison (ED) at 12.70% and PG&E (PCG) at 11.57% 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%
PCG
Utilities industry group
11.57%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- PCG
- 11.57%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both Consolidated Edison (ED) at 26.28% and PG&E (PCG) at 23.64% 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%
PCG
Utilities industry group
23.64%
- Max
- 53.83%
- Q3
- 31.12%
- PCG
- 23.64%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | ED | PCG |
|---|---|---|
| ROE (TTM) | 9.10% | 8.89% |
| ROA (TTM) | 3.33% | 2.59% |
| Net Margin (TTM) | 12.70% | 11.57% |
| Operating Margin (TTM) | 26.28% | 23.64% |
| Gross Margin (TTM) | 53.72% | 40.57% |
Growth
Revenue Growth
Consolidated Edison (ED) at 10.89% is around its peer norm for revenue growth, while PG&E (PCG) at 2.11% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Consolidated Edison (ED) at 7.63% and PG&E (PCG) at 2.61% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ED | PCG |
|---|---|---|
| Revenue Growth (YoY) | 10.89% | 2.11% |
| Revenue Growth (3Y CAGR) | 2.59% | 4.77% |
| EPS Growth (YoY) | 7.63% | 2.61% |
| EPS Growth (3Y CAGR) | 6.57% | 12.00% |
Financial Strength
Current Ratio (MRQ)
PG&E (PCG) at 1.03 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
PCG
Utilities industry group
1.03
- Max
- 1.90
- Q3
- 1.17
- PCG
- 1.03
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Consolidated Edison (ED) at 1.06 carries an industry-typical debt-to-equity mix, while PG&E (PCG) at 1.88 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
PCG
Utilities industry group
1.88
- Max
- 2.63
- PCG
- 1.88
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | ED | PCG |
|---|---|---|
| Current Ratio (MRQ) | 1.18 | 1.03 |
| Debt / Equity (MRQ) | 1.06 | 1.88 |
| Net Debt / EBITDA | 4.42 | 6.05 |
Dividends
Dividend Yield (TTM)
Both Consolidated Edison (ED) at 2.89% and PG&E (PCG) at 1.51% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
ED
Utilities industry group
2.89%
- Max
- 6.66%
- Q3
- 3.58%
- ED
- 2.89%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
PCG
Utilities industry group
1.51%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- PCG
- 1.51%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Consolidated Edison (ED) at 56.38% keeps its payout within the industry’s typical band; PG&E (PCG) at 14.81% pays out less than peers usually do, retaining more of its earnings — a policy difference more than a quality gap.
ED
Utilities industry group
56.38%
- Max
- 113.04%
- Q3
- 68.72%
- ED
- 56.38%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
PCG
Utilities industry group
14.81%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- PCG
- 14.81%
- Min
- 0.00%
Dividend Metrics
| Metric | ED | PCG |
|---|---|---|
| Dividend Yield (TTM) | 2.89% | 1.51% |
| Dividend Payout Ratio (TTM) | 56.38% | 14.81% |
Valuation
P/E Ratio (TTM)
PG&E (PCG) at 9.61 sits in the cheaper P/E ratio quartile, while Consolidated Edison (ED) at 19.03 is closer to its industry’s usual earnings multiple — a discount for PCG, though growth and earnings durability still matter.
ED
Utilities industry group
19.03
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- ED
- 19.03
- Q1
- 15.17
- Min
- 3.34
PCG
Utilities industry group
9.61
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- PCG
- 9.61
- Min
- 3.34
P/S Ratio (TTM)
PG&E (PCG) at 1.11 sits in the cheaper P/S ratio quartile while Consolidated Edison (ED) at 2.43 prices around its industry’s middle — PCG costs less per dollar of sales, though read it alongside growth and margins.
ED
Utilities industry group
2.43
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- ED
- 2.43
- Q1
- 1.52
- Min
- 0.00
PCG
Utilities industry group
1.11
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- PCG
- 1.11
- Min
- 0.00
P/B Ratio (MRQ)
PG&E (PCG) at 0.87 sits in the lower P/B ratio quartile against book while Consolidated Edison (ED) at 1.67 is valued near its industry’s middle — PCG is cheaper on assets, though weigh it against ROE and asset quality.
ED
Utilities industry group
1.67
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- ED
- 1.67
- Q1
- 1.46
- Min
- 0.34
PCG
Utilities industry group
0.87
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- PCG
- 0.87
- Min
- 0.34
Valuation Metrics
| Metric | ED | PCG |
|---|---|---|
| P/E Ratio (TTM) | 19.03 | 9.61 |
| P/S Ratio (TTM) | 2.43 | 1.11 |
| P/B Ratio (MRQ) | 1.67 | 0.87 |
| Free Cash Flow Yield (TTM) | -3.05% | -22.73% |