ED vs. TLN: Consolidated Edison vs. Talen Energy Stock Comparison
How do Consolidated Edison (ED) and Talen Energy (TLN) 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 Talen Energy (TLN) both fall under the Utilities industry group, but ED is classified in Multi-Utilities while TLN is classified in Independent Power and Renewable Electricity Producers.
Consolidated Edison (ED) has more than two decades of public-market history since January 2, 1962, whereas Talen Energy (TLN) listed on June 2, 2023 and has a much shorter record to draw on.
| Profile Item | ED | TLN |
|---|---|---|
| Name | Consolidated Edison Inc. | Talen Energy Corporation |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Multi-Utilities | Independent Power and Renewable Electricity Producers |
| GICS Sub-Industry | Multi-Utilities | Independent Power Producers & Energy Traders |
| Market Capitalization | 44.00 billion USD | 14.73 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | January 2, 1962 | June 2, 2023 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ED | TLN |
|---|---|---|
| Total Return (1Y) | 24.62% | -6.63% |
| Total Return (3Y, Annualized) | 13.82% | 88.64% |
| Total Return (5Y, Annualized) | 12.66% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Talen Energy (TLN) has an aggressive beta of 1.53, indicating higher sensitivity to broad-market moves, while Consolidated Edison (ED) is defensive at 0.23 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | ED | TLN |
|---|---|---|
| Volatility (1Y, Annualized) | 17.94% | 58.28% |
| Beta (5Y) | 0.23 | 1.53 |
| Max Drawdown (5Y) | -22.03% | -36.72% |
| Avg. Volume (3M) | 2.21M | 1.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ED | TLN |
|---|---|---|
| Sharpe Ratio (1Y) | 1.13 | -0.19 |
| Sortino Ratio (1Y) | 1.74 | -0.26 |
Profitability
ROE (TTM)
Talen Energy (TLN) reports a negative ROE of -16.54%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Consolidated Edison (ED) reports 9.10%, ranking against industry peers normally.
ED
Utilities industry group
9.10%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- ED
- 9.10%
- Q1
- 7.56%
- Min
- 2.17%
TLN
Utilities industry group
-16.54%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
- TLN
- -16.54%
Net Margin (TTM)
Talen Energy (TLN) reports a negative net margin of -5.67%, usually indicating a net loss over the period. Meanwhile Consolidated Edison (ED) reports 12.70%, ranking against industry peers normally.
ED
Utilities industry group
12.70%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- ED
- 12.70%
- Q1
- 9.18%
- Min
- -0.20%
TLN
Utilities industry group
-5.67%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
- TLN
- -5.67%
Operating Margin (TTM)
Both Consolidated Edison (ED) at 26.28% and Talen Energy (TLN) at 17.35% 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%
TLN
Utilities industry group
17.35%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- TLN
- 17.35%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | ED | TLN |
|---|---|---|
| ROE (TTM) | 9.10% | -16.54% |
| ROA (TTM) | 3.33% | 0.88% |
| Net Margin (TTM) | 12.70% | -5.67% |
| Operating Margin (TTM) | 26.28% | 17.35% |
| Gross Margin (TTM) | 53.72% | 42.67% |
Growth
Revenue Growth
Talen Energy (TLN) at 26.68% 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 TLN.
EPS Growth
Consolidated Edison (ED) at 7.63% is around its peer norm for EPS growth, while Talen Energy (TLN) at -127.11% falls below its industry range, a notably weak earnings reading.
Growth Metrics
| Metric | ED | TLN |
|---|---|---|
| Revenue Growth (YoY) | 10.89% | 26.68% |
| Revenue Growth (3Y CAGR) | 2.59% | 2.87% |
| EPS Growth (YoY) | 7.63% | -127.11% |
| EPS Growth (3Y CAGR) | 6.57% | -- |
Financial Strength
Current Ratio (MRQ)
Talen Energy (TLN) at 0.89 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
TLN
Utilities industry group
0.89
- Max
- 1.90
- Q3
- 1.17
- TLN
- 0.89
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Consolidated Edison (ED) at 1.06 is near its industry mid-range for debt-to-equity ratio, while Talen Energy (TLN) at 5.97 sits above its benchmark range, pointing to a heavier debt load relative to equity.
ED
Utilities industry group
1.06
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- ED
- 1.06
- Q1
- 0.84
- Min
- 0.00
TLN
Utilities industry group
5.97
- TLN
- 5.97
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | ED | TLN |
|---|---|---|
| Current Ratio (MRQ) | 1.18 | 0.89 |
| Debt / Equity (MRQ) | 1.06 | 5.97 |
| Net Debt / EBITDA | 4.42 | 13.69 |
Dividends
Dividend Yield (TTM)
Talen Energy (TLN) 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%
TLN
Utilities industry group
0.00%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- TLN
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Talen Energy (TLN) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Consolidated Edison (ED) reports a payout of 56.38%, ranking against industry peers normally.
ED
Utilities industry group
56.38%
- Max
- 113.04%
- Q3
- 68.72%
- ED
- 56.38%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
TLN
Utilities industry group
0.00%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- TLN
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ED | TLN |
|---|---|---|
| Dividend Yield (TTM) | 2.89% | 0.00% |
| Dividend Payout Ratio (TTM) | 56.38% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Consolidated Edison (ED) trades at 19.03 times trailing earnings, ranked against its peers, while Talen Energy (TLN) has no P/E ratio this period.
ED
Utilities industry group
19.03
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- ED
- 19.03
- Q1
- 15.17
- Min
- 3.34
TLN
Utilities industry group
--
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
- TLN
- --
P/S Ratio (TTM)
On P/S ratio, both Consolidated Edison (ED) at 2.43 and Talen Energy (TLN) at 3.29 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
TLN
Utilities industry group
3.29
- Max
- 6.35
- Q3
- 3.63
- TLN
- 3.29
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
Consolidated Edison (ED) at 1.67 sits near its industry’s typical P/B ratio, while Talen Energy (TLN) at 10.14 prices above its benchmark range — TLN looks rich relative to book.
ED
Utilities industry group
1.67
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- ED
- 1.67
- Q1
- 1.46
- Min
- 0.34
TLN
Utilities industry group
10.14
- TLN
- 10.14
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | ED | TLN |
|---|---|---|
| P/E Ratio (TTM) | 19.03 | -- |
| P/S Ratio (TTM) | 2.43 | 3.29 |
| P/B Ratio (MRQ) | 1.67 | 10.14 |
| Free Cash Flow Yield (TTM) | -3.05% | 6.39% |