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Consolidated Edison, Inc.

Industry: Electric Utilities

Fortune Rank: 175

For the nine months ended 30 September 2005, Consolidated Edison, Inc.'s revenues increased 13% to $8.58B. Net income applicable to Common and from continuing operations increased 18% to $586M. Revenues reflect the continued strengthening of the local economy and Con Edison of New York's new gas and steam rate plan. Net income benefited from lower income tax and a decrease in other interest expenses.

Consolidated Edison, Inc. (Con Edison) is the holding company of Consolidated Edison Company of New York, Inc. (Con Edison of New York) and Orange and Rockland Utilities, Inc. (O&R), both of which are regulated utilities. Con Edison of New York provides electric service in all of New York City (except part of Queens) and most of Westchester County. It also provides gas service in Manhattan, the Bronx and parts of Queens and Westchester, and steam service in parts of Manhattan, New York. O&R, along with two subsidiaries, Rockland Electric Company, and Pike County Light & Power Company, provide electric service in southeastern New York, and in adjacent areas of northern New Jersey and eastern Pennsylvania. They also provide gas service in southeastern New York and adjacent areas of eastern Pennsylvania. Con Edison's business segments are Con Edison of New York, O&R and the unregulated businesses of Con Edison's other subsidiaries.

Consolidated Edison, Inc.

Consolidated Edison, Inc. is a Fortune 500 company. In 2010 Consolidated Edison, Inc. was ranked number 175 on the Fortune 500 list, making it the 175th largest company in the United States when judged by revenue.

Consolidated Edison, Inc. achieved revenue of $13,031.60 million in 2010 and earned a profit of $868.20 million.

Consolidated Edison, Inc.' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 175th compared to 191st in 2009. This was based on its 2009 revenue of $13,726 million (a change of 0 million compared to 2010) and profits of $1,196 million (a change of $867 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Consolidated Edison, Inc. would be ranked 150th rather than 175th due to its profits of $868 in 2010.

* US$ Million

• Address
  • Consolidated Edison, Inc.
    4 Irving Place
    New York
    NY
    10003
• Contact Details
  • Phone: 212-460-4600
  • Fax: 212-475-0734
  • Website: www.conedison.com
  • Stock Symbol: ED

• Offices.net Manhattan

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