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MARKETS / COMPARE / ED VS WEC

ED vs WEC

Consolidated Edison Inc. and WEC Energy Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

ED vs WEC, at a glance
Metric ED WEC
Revenue$17.0B$9.8B
Net income$2.0B$1.6B
Gross margin·66.7%
Net margin11.9%15.9%
Return on equity8.8%11.6%
Diluted EPS$5.64$4.81
Dividend / share·$3.57
Payout ratio57.6%73.8%
Free cash flow··
Equity$24.2B·
Net debt / equity1.00×1.42×
Current ratio1.02×0.59×
Revenue CAGR 5y6.8%6.2%
Profit CAGR 5y12.9%5.3%

ED bills 1.7× the revenue of WEC, and WEC keeps more of each dollar of revenue as profit (15.9% against 11.9%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.

Revenue by year

10 years side by side

ED vs WEC, revenue by year
Fiscal year ED WEC
FY2025$17.0B$9.8B
FY2024$15.5B$8.6B
FY2023$14.7B$8.9B
FY2022$15.7B$9.6B
FY2021$13.7B$8.3B
FY2020$12.2B$7.2B
FY2019$12.6B$7.5B
FY2018$12.3B$7.7B
FY2017$12.0B$7.6B
FY2016$12.1B$7.5B
Net income by year

Bottom line

ED vs WEC, net income by year
Fiscal year ED WEC
FY2025$2.0B$1.6B
FY2024$1.8B$1.5B
FY2023$2.5B$1.3B
FY2022$1.7B$1.4B
FY2021$1.3B$1.3B
FY2020$1.1B$1.2B
FY2019$1.3B$1.1B
FY2018$1.4B$1.1B
FY2017$1.5B$1.2B
FY2016$1.2B$939.0M
Revenue gap over time

15 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025+$7,248,900,000ED
FY2024+$6,869,100,000ED
FY2023+$5,770,000,000ED
FY2022+$6,072,600,000ED
FY2021+$5,360,000,000ED
FY2020+$5,004,300,000ED
FY2019+$5,050,900,000ED
FY2018+$4,657,500,000ED
FY2017+$4,384,500,000ED
FY2016+$4,602,700,000ED
FY2015+$6,627,900,000ED
FY2014+$7,921,900,000ED
FY2013+$7,835,000,000ED
FY2012+$7,941,600,000ED
FY2011+$8,399,600,000ED

ED has reported the higher revenue in every one of these 15 fiscal years. The gap has narrowed since the earliest year compared.

15 of 17 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

14 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025−4.0 ppWEC
FY2024−6.0 ppWEC
FY2023+2.7 ppED
FY2022−4.2 ppWEC
FY2021−6.7 ppWEC
FY2020−7.0 ppWEC
FY2019−3.3 ppWEC
FY2018−2.3 ppWEC
FY2017−2.8 ppWEC
FY2015−1.0 ppWEC
FY2014−3.1 ppWEC
FY2013−3.9 ppWEC
FY2012−3.2 ppWEC
FY2011−3.5 ppWEC

The higher net margin has changed hands between ED and WEC over this period.

14 of 17 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

ED's net margin has been more volatile than WEC's over the 14 comparable fiscal years — 2.4 percentage points of standard deviation against 2.0.

14 of 17 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between ED and WEC over these 14 fiscal years — ED led in 1 and WEC in 13.

14 of 17 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

ED's return on equity has been more volatile than WEC's over the 16 comparable fiscal years — 1.3 percentage points of standard deviation against 1.1.

16 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between ED and WEC over these 16 fiscal years — ED led in 1 and WEC in 15.

16 of 19 comparable fiscal years — a year missing data on either side is not counted.

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