ED Historical PE Ratio Notes

— Consolidated Edison, Inc. (ticker: ED) is a major utility company serving customers in New York City and surrounding areas, primarily providing electricity, natural gas, – to a lesser extent – steam services. Its core business involves regulated delivery of these essential utilities through long-term infrastructure investments and predictable business operations. Because ED's revenues are heavily regulated by state agencies, its earnings tend to be steady and less volatile compared to companies in more cyclical industries. This stability often results in a historical price-to-earnings (PE) ratio that reflects the company's role as a classic defensive investment: investors value ED for its predictable dividends & stable earnings, especially during uncertain economic periods. When market risk is high, ED's PE ratio may rise as investors seek safety; conversely, when interest rates increase or the market favors growth stocks, the PE ratio may compress. Over time, you'll observe that ED's PE ratio consistently trades within a narrower band compared to more volatile sectors, aligning with its slow but reliable growth and income focus. As you review historical charts & tables on price, earnings, and PE, keep in mind that regulatory stability, interest rate environment, and investor risk appetite all play key roles in how the market has valued ED over time.

On this page we presented the ED Historical PE Ratio information for Consolidated Edison' stock. The average ED historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 21.1. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average ED historical PE based on this TTM earnings result method is 18.1.

Let's now compare this ED historical PE result, against the recent PE: when this page was posted on 10/5/2026, the most recent closing price for ED had been 103.38, and the most recent quarterly earnings result, annualized, was 3.32. Meanwhile, the most recent TTM earnings summed to 5.8. From these numbers, we calculate the recent ED PE on 10/5/2026 based on annualized quarterly EPS was 31.1. Based on ED's history, that recent PE is elevated relative to the historical average, with the recent PE 47.4% higher than the historical average PE across our data set for Consolidated Edison. Looking at the recent ED PE on 10/5/2026 based on TTM EPS, we calculate the ratio at 17.8. Based on ED's history, that recent PE is low relative to the historical average, with the recent PE 1.7% lower than the average PE across our Consolidated Edison data set with TTM EPS used in the calculation at each period.

Another interesting ED historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for ED, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for ED, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.83, 0.89, 1.90, and 2.18. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.89 and 1.90 — which gives us the median of 1.40. Basically the way to think about this 1.40 number is this: for the trailing four earnings reports, 1.40 marks the "middle ground" number where ED has reported a value higher than 1.40 half the time, and has reported a value lower than 1.40 half the time. Annualizing that median value then gets us to 5.6/share, which we use as the denominator in our next PE calculation. With 103.38 as the numerator (as of 10/5/2026), the calculation is then 103.38 / 5.6 = 18.5 as the ED PE ratio as of 10/5/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on ED or any other given stock, valuation analysis for ED can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Consolidated Edison PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for ED. Thanks for visiting, and the next time you need to research ED Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.