Is it safe?
Can ED take a bad year?
Consolidated Edison carries $722M of net debt at 0.14× EBITDA: a load its earnings can carry.
$722M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.14×
Net debt / EBITDA · −0.00× a year ago · the load is going up
- Altman Z-score
- 1.12
Altman Z-score · distress zone, below 1.8
- Interest cover
- 2.50×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ1 2026
- $869M
- Cash and short-term investments
- $147M
- Net debt
- $722M
- EBITDA, trailing twelve months
- $5.32B
- Operating profit, trailing twelve months
- $2.99B
- Debt / equity
- 0.03×
- Total debt / EBITDA
- 0.16×
- Annualised volatilitytwo years of daily moves
- 18%
- Worst drawdown on file
- −31%
- Below its 52-week high
- −5.6%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities - Regulated Electric
Ranks #21 of 37 by Smart Score