Con Edison Earnings Climb as Infrastructure Spend Ramps Up

Consolidated Edison posted net income for common stock of $2.02 billion, or $5.66 per share, for 2025, up from $1.82 billion, or $5.26 per share, in 2024. On an adjusted basis, earnings rose to $5.70 per share from $5.40 a year earlier. The utility’s performance was underpinned by rate base growth at its core subsidiaries - Consolidated Edison Company of New York (CECONY) and Orange and Rockland Utilities (O&R) - as well as continued infrastructure investment tied to grid reliability and clean energy inte ...