Consolidated Edison, Inc. — Earnings Quality Grade F
ED · Utilities
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 56 days, change -3 days YoY
AR growth 5.9% vs revenue growth 10.9%
Revenue 10.9%, CFFO 32.8%. Cash follows revenue
Expense Quality
Inventory 9.3% vs COGS 11.6%. Normal
CapEx growth -0.1% vs revenue 10.9%. Normal
Insufficient data
Gross margin 53.3%, change -0.3pp. Stable
Cash Flow Quality
CFFO/NI = 2.37. Profits backed by cash
FCF < 50% of Net Income for 3 years
Accruals ratio = -3.7%. Low accruals
Cash $1.6B covers only 6% of debt $28.4B
Balance Sheet Health
Goodwill+Intangibles $0.4B = 2% of equity. Manageable
Debt/EBITDA = 4.6x (>4x). Financial stress
Other assets 6.8% vs revenue 10.9%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change -0% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10
