ED · Intrinsic value
Is Consolidated Edison, Inc. (ED) overvalued or undervalued?
Consolidated Edison, Inc. (ED) trades at the delayed market price of $109.69 a share. That price already implies revenue growth of 14.6% a year for 5 years. TickerWorth's fair value is $105.16 a share (priced within our range of $77.88 – $147.57). We do not call it over- or undervalued from inside our range.
Model by Miraaj Patel · generated from SEC filings and market data · Updated Oct 19, 2026 · How these pages are made
Is ED fairly valued?
- Fair value
- $105.16
- Market price
- $109.69
- Downside to fair value
- 4.1%
- Verdict
- Priced within our range of $77.88 – $147.57
Reverse DCF: Today's price implies revenue growth of 14.6% a year for 5 years; our model assumes 6.6% a year on average over the same horizon.
What is ED's TickerWorth Score?
Scores higher than most companies we compare it with
Compared with Utilities companies in US
Its strongest point: looks cheap on the numbers. Its weakest: trades above our estimate of what it's worth.
- Value · 76 of 100
Cheaper than 76% of Utilities companies in US
- Price vs worth · 34 of 100
- Quality · 43 of 100
More profitable than 43% of Utilities companies in US
- Financial health · 82 of 100
Financially stronger than 82% of Utilities companies in US
- Growth · 52 of 100
Growing faster than 52% of Utilities companies in US
- Momentum · 76 of 100
Outperformed 76% of Utilities companies in US over the past year
Confidence: Medium confidence · Scored
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ED DCF valuation, input by input
TickerWorth's fair value for Consolidated Edison, Inc. (ED) is $105.16 a share, against the delayed market price of $109.69 (priced within our range of $77.88 – $147.57). We do not call it over- or undervalued from inside our range. It is a model estimate, and every input behind it is sourced below. This is an educational model, not a price target or a recommendation.
Read the full reasoning
One of the lenses behind that blended figure is a discounted-cash-flow model, which on its own values ED at about $56.78 per share. The rest of this page walks through that DCF — its assumptions, reverse-DCF and discount-rate sensitivity — because it is the auditable anchor of the blend.
The valuation discounts Consolidated Edison, Inc.'s projected free cash flows at a weighted-average cost of capital (WACC) of 6.5%, with a long-run terminal growth rate of 2.5%. About 85% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly 14.6% annual revenue growth for ED. Our base case instead compounds to about 6.6% a year over the same forecast, so the market is pricing in materially faster growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, ED's modeled DCF value ranges from about $10.18 to $263.19 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Consolidated Edison, Inc. would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of ED's intrinsic value. Figures update as new filings and prices come in.
Every input behind ED's DCF
| Input | Value |
|---|---|
| Base-year revenueCONSOLIDATED EDISON INC FY2025 10-K (accession 0001047862-26-000031): us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, FY2025 full year. | $17,049,000,000 |
| Base EBIT marginCONSOLIDATED EDISON INC FY2025 10-K (accession 0001047862-26-000031): us-gaap:OperatingIncomeLoss 2,935,000,000 / revenue 17,049,000,000 = 17.22%, FY2025. | 17.2% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 9% → 8% → 7% → 5% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.1% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 0.40 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesCONSOLIDATED EDISON INC FY2025 10-K (accession 0001047862-26-000031): WeightedAverageNumberOfDilutedSharesOutstanding = 358,700,000 shares, FY2025. | 359M |
| Market priceDelayed quote · as of 2026-10-19 21:41 UTC | $109.69 |
Change ED's assumptions
The discount-rate dial and the editable model
ProChange growth, margin and WACC yourself — Pro (7-day free trial, card required).
What does Consolidated Edison, Inc. do?
What does it do?
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,490 customers in parts of Manhattan. It operates in the Utilities - Regulated Electric industry (Utilities sector), headquartered in United States. The company employs roughly 15,407 people.
How does it make money?
The business turns $17.0B in annual revenue into profit. Out of every $100 of sales, about $17 is left as operating profit (operating margin of 16.5%), after a 53% gross margin on the products/services it sells. After all costs, taxes and interest, 12.5% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks stretched: carries moderate debt (1.1× equity), can just cover its short-term bills (1.3× current ratio), and is currently profitable.
Who at ED filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| RANGER MICHAEL W | Director | Grant / award | $48,749.98 | Form 4 for RANGER MICHAEL W (opens sec.gov in a new tab) | |
| Miller Joseph | VP & Controller | Open-market buy | $111.10 | Form 4 for Miller Joseph (opens sec.gov in a new tab) | |
| Andrews Kirkland B | SVP & CFO | Shares withheld (tax) | $955,455.16 | Form 4 for Andrews Kirkland B (opens sec.gov in a new tab) | |
| Farhadian Weinstein Tali | Director | Grant / award | $141,683.15 | Form 4 for Farhadian Weinstein Tali (opens sec.gov in a new tab) | |
| RANGER MICHAEL W | Director | Grant / award | $48,749.99 | Form 4 for RANGER MICHAEL W (opens sec.gov in a new tab) | |
| Miller Joseph | VP & Controller | Open-market buy | $110.18 | Form 4 for Miller Joseph (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
Common questions
What is ED's intrinsic value?
TickerWorth's blended fair value for Consolidated Edison, Inc. (ED) is $105.16 per share, versus a market price of $109.69 (priced within our range of $77.88 – $147.57).
Is ED overvalued or undervalued?
Priced within our range of $77.88 – $147.57 at $109.69. We don't call ED overvalued or undervalued from a range. This is an educational estimate, not advice.
What discount rate is used for ED?
A WACC of 6.5% and a terminal growth rate of 2.5%.
Is Consolidated Edison stock undervalued?
TickerWorth's fair value for Consolidated Edison, Inc. (ED) is $105.16 against a market price of $109.69. Our read: Priced within our range of $77.88 – $147.57. This is a model estimate, not investment advice.
Consolidated Edison (ED) DCF valuation and fair value
Our fair value for Consolidated Edison, Inc. (ED) is $105.16, built on a 6.5% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Consolidated Edison stock?
Today's price implies revenue growth of 14.6% a year for 5 years; our model assumes 6.6% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of $109.69. A model estimate, not investment advice.
Consolidated Edison (ED) insider trading
The most recent insider filing (SEC Form 4) for Consolidated Edison, Inc. (ED): RANGER MICHAEL W, Director, grant / award on 2026-09-30. The latest filings are listed on this page. A disclosure, not a signal to trade.
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.