Consolidated Edison, Inc.
ED Utilities · Utilities - Regulated ElectricNot yet scored
Filing.fyi has not computed forensic scores for ED yet. Scores appear after the company's next data refresh.
What the filing actually says.
The data on file covers only three income-statement lines, so this synthesis is limited. No forensic scores are on file, so this synthesis does not assess the Beneish M-Score, Piotroski F-Score, Altman Z-Score, or Fog Index, and no values for them are given. No MD&A, risk-factor, or news text is on file either, which means the company's own explanations for these results and its stated risks cannot be checked against the numbers here. The longer trend is the most informative part of the data. Revenue rose from $11.93 billion in 2018 to $17.05 billion in 2025, an increase of about 42.9%. Operating income over the same span rose from $2.66 billion to $2.94 billion, about 10.5%. As a result, the operating margin (operating income divided by revenue) fell from about 22.3% in 2018 to about 17.2% in 2025. A reader would want to understand why sales grew much faster than operating profit, and the company's MD&A is where that explanation would be expected. Net income shows similar uneven movement: $1.1 billion in 2020, $2.52 billion in 2023, and $2.02 billion in 2025. Readers may want to look at the company's full Form 10-K, particularly the MD&A and risk-factor sections, and compare them with these figures before drawing their own conclusions.
Catalyst.The data on file includes no MD&A text, so this synthesis cannot attribute results to specific drivers. The reported numbers show 2025 revenue of $17.05 billion, up from $15.47 billion in 2024, an increase of about 10.2%. Operating income rose to $2.94 billion from $2.67 billion, about 10.1%. Net income rose to $2.02 billion from $1.82 billion, about 11.0%. These figures show the direction of results only. The filings' explanations for them are not included in the data provided here.
Hidden risk.Net income has been uneven. It was $2.52 billion in 2023 and fell to $1.82 billion in 2024, a decline of about 27.8%. Operating income fell over the same period from $3.2 billion to $2.67 billion, about 16.6%, so net income dropped faster than operating income. The data on file does not explain the gap between the two, such as non-operating or tax items. No risk-factor text is on file, so the company's own description of these exposures cannot be checked against the numbers.
What traders are betting.
The metric
Shares that traders have borrowed and sold, betting the price will fall, and not yet bought back. Brokers report the total to FINRA twice a month. Days to cover divides it by the shares that change hands on a typical day.
- Shares sold short
- 11.8M
- Change since Aug 31
- +18.1%
- Days to cover
- 5.5
What it tells us
Few traders are betting against ED. Levels this low are common for large, widely held companies.
Short sellers added to their bets: shares sold short grew 18.1% since the Aug 31 report.
Short sellers would need about 5.5 days of normal trading to buy back every borrowed share. A slow exit like that can make a rush to cover sharper.
How investors use it
- Squeeze watching. Some aggressive traders seek out heavily shorted stocks, betting that good news will force short sellers to buy back shares and push the price higher.
- Hedging. Funds short one company to offset risk in another, often owning a stronger business and shorting a weaker one in the same industry.
- Timing. Chart-based traders pair rising short interest with price patterns, such as a break below a level where buyers used to step in, to decide when to enter or exit.
- Warning sign. Some owners treat a sharp rise in short interest as a red flag and respond by tightening stop-loss orders or holding smaller positions.
Quarterly report
The quarterly report (10-Q) and current reports (8-K) Consolidated Edison filed in the last 12 months, each linked to the original document on SEC EDGAR.
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