ED vs. SBS: Consolidated Edison vs. Sabesp Stock Comparison
How do Consolidated Edison (ED) and Sabesp (SBS) 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 Sabesp (SBS) both fall under the Utilities industry group, but ED is classified in Multi-Utilities while SBS is classified in Water Utilities.
Consolidated Edison (ED) trades as ordinary local shares, while Sabesp (SBS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ED | SBS |
|---|---|---|
| Name | Consolidated Edison Inc. | Companhia de Saneamento Básico do Estado de São Paulo - SABESP ADR |
| Country/Region | United States | Brazil |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Multi-Utilities | Water Utilities |
| GICS Sub-Industry | Multi-Utilities | Water Utilities |
| Market Capitalization | 44.00 billion USD | 16.96 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | May 10, 2002 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ED | SBS |
|---|---|---|
| Total Return (1Y) | 24.62% | -3.72% |
| Total Return (3Y, Annualized) | 13.82% | 28.33% |
| Total Return (5Y, Annualized) | 12.66% | 32.85% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ED | SBS |
|---|---|---|
| Volatility (1Y, Annualized) | 17.94% | 46.80% |
| Beta (5Y) | 0.23 | 0.76 |
| Max Drawdown (5Y) | -22.03% | -37.59% |
| Avg. Volume (3M) | 2.21M | 11.85M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ED | SBS |
|---|---|---|
| Sharpe Ratio (1Y) | 1.13 | -0.17 |
| Sortino Ratio (1Y) | 1.74 | -0.22 |
Profitability
ROE (TTM)
Sabesp (SBS) at 16.27% sits in the top ROE quartile, while Consolidated Edison (ED) at 9.10% is closer to the peer norm — stronger capital efficiency for SBS.
ED
Utilities industry group
9.10%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- ED
- 9.10%
- Q1
- 7.56%
- Min
- 2.17%
SBS
Utilities industry group
16.27%
- Max
- 17.99%
- SBS
- 16.27%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Sabesp (SBS) at 17.52% retains a top-quartile share of revenue as profit, ahead of Consolidated Edison (ED) at 12.70%, which keeps about the industry-typical share.
ED
Utilities industry group
12.70%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- ED
- 12.70%
- Q1
- 9.18%
- Min
- -0.20%
SBS
Utilities industry group
17.52%
- Max
- 28.78%
- SBS
- 17.52%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both Consolidated Edison (ED) at 26.28% and Sabesp (SBS) at 29.28% 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%
SBS
Utilities industry group
29.28%
- Max
- 53.83%
- Q3
- 31.12%
- SBS
- 29.28%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | ED | SBS |
|---|---|---|
| ROE (TTM) | 9.10% | 16.27% |
| ROA (TTM) | 3.33% | 8.08% |
| Net Margin (TTM) | 12.70% | 17.52% |
| Operating Margin (TTM) | 26.28% | 29.28% |
| Gross Margin (TTM) | 53.72% | 36.96% |
Growth
Revenue Growth
Both Consolidated Edison (ED) at 10.89% and Sabesp (SBS) at 5.39% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Consolidated Edison (ED) at 7.63% is around its peer norm for EPS growth, while Sabesp (SBS) at -11.79% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | ED | SBS |
|---|---|---|
| Revenue Growth (YoY) | 10.89% | 5.39% |
| Revenue Growth (3Y CAGR) | 2.59% | 19.98% |
| EPS Growth (YoY) | 7.63% | -11.79% |
| EPS Growth (3Y CAGR) | 6.57% | 40.65% |
Financial Strength
Current Ratio (MRQ)
Both Consolidated Edison (ED) at 1.18 and Sabesp (SBS) at 1.22 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.
ED
Utilities industry group
1.18
- Max
- 1.90
- ED
- 1.18
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
SBS
Utilities industry group
1.22
- Max
- 1.90
- SBS
- 1.22
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Both Consolidated Edison (ED) at 1.06 and Sabesp (SBS) at 0.99 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
SBS
Utilities industry group
0.99
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- SBS
- 0.99
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | ED | SBS |
|---|---|---|
| Current Ratio (MRQ) | 1.18 | 1.22 |
| Debt / Equity (MRQ) | 1.06 | 0.99 |
| Net Debt / EBITDA | 4.42 | 2.30 |
Dividends
Dividend Yield (TTM)
Sabesp (SBS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Consolidated Edison (ED) reports a yield of 2.89%, ranking against industry peers normally.
ED
Utilities industry group
2.89%
- Max
- 6.66%
- Q3
- 3.58%
- ED
- 2.89%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
SBS
Utilities industry group
0.00%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- SBS
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Consolidated Edison (ED) at 56.38% and Sabesp (SBS) at 35.95% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
ED
Utilities industry group
56.38%
- Max
- 113.04%
- Q3
- 68.72%
- ED
- 56.38%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
SBS
Utilities industry group
35.95%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- SBS
- 35.95%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | ED | SBS |
|---|---|---|
| Dividend Yield (TTM) | 2.89% | 0.00% |
| Dividend Payout Ratio (TTM) | 56.38% | 35.95% |
Valuation
P/E Ratio (TTM)
Sabesp (SBS) at 11.73 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 SBS, 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
SBS
Utilities industry group
11.73
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- SBS
- 11.73
- Min
- 3.34
P/S Ratio (TTM)
Sabesp (SBS) at 0.41 sits in the cheaper P/S ratio quartile while Consolidated Edison (ED) at 2.43 prices around its industry’s middle — SBS 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
SBS
Utilities industry group
0.41
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- SBS
- 0.41
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Consolidated Edison (ED) at 1.67 and Sabesp (SBS) at 1.84 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
SBS
Utilities industry group
1.84
- Max
- 3.12
- Q3
- 2.21
- SBS
- 1.84
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | ED | SBS |
|---|---|---|
| P/E Ratio (TTM) | 19.03 | 11.73 |
| P/S Ratio (TTM) | 2.43 | 0.41 |
| P/B Ratio (MRQ) | 1.67 | 1.84 |
| Free Cash Flow Yield (TTM) | -3.05% | -62.11% |