Consolidated Edison (ED) Revenue — Quarter Ended Dec 31, 2024
Consolidated Edison's revenue declined from the prior quarter but rose compared to the same quarter a year ago. The sequential drop reflects typical seasonal patterns, while the annual increase suggests underlying growth.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Consolidated Edison's revenue declined from the prior quarter but rose compared to the same quarter a year ago. The sequential drop reflects typical seasonal patterns, while the annual increase suggests underlying growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
-12.6%
Change from the immediately preceding quarter.
Year-over-year
+1.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $4.3B | +1.4% |
| Jun 30, 2024 | $3.3B | +19.0% |
| Sep 30, 2024 | $4.2B | +9.7% |
| Dec 31, 2024 | $3.7B | +1.8% |
Revenue performance
Revenue for the fourth quarter was lower than the third quarter, yet higher than the fourth quarter of the previous year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased, while compared to the same quarter one year earlier, revenue increased.
What to watch
Monitor whether the annual revenue growth can continue into the next fiscal year.