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Statement
Assets, liabilities and equity aligned across the annual filing history, in USD millions.
Assets
+5.7% YoYReported for FY 2025
Liabilities
+3.7% YoYReported for FY 2025
Equity
+10.1% YoYReported for FY 2025
Equity mix
+1.3 ppEquity share of the capital base
Table view
Balance sheet, reported dollar amounts — FY 2025
Every figure is the balance as filed. Each filing badge opens the SEC index page for that fiscal year.
Structure
Assets plotted against the liabilities and equity stack, so you can see how the balance sheet is financed.
Liabilities and equity stack to the capital base; assets are the dashed reference line.
Composition
The same split read as a share of total capital rather than in absolute dollars.
Percentages are measured against total capital for each fiscal year.
Trend
How assets, liabilities and equity have moved across the annual balance sheet window.
Switching between bar and line keeps the selected year order.
Commentary
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Earlier AI snapshot · Generated Jul 4, 2026. The filing-backed figures above are the current source of truth.
Consolidated Edison’s balance sheet shows steady expansion over the five-year period, consistent with a large regulated utility that continues to invest in infrastructure. Total assets increased from $63.1 billion in 2021 to $74.6 billion in 2025, despite a dip in 2022 before resuming growth in 2023–2025. Liabilities also rose materially, from $42.8 billion to $50.4 billion, reflecting the capital-intensive nature of the business and likely ongoing debt funding for utility investment programs. Equity increased from $20.3 billion to $24.2 billion over the period, indicating that the company has been able to grow its capital base alongside asset growth. The most notable fluctuation was in 2022, when assets declined from $69.1 billion to $66.3 billion while liabilities and equity both remained relatively stable; this could reflect asset reclassification, timing effects, or temporary balance-sheet changes rather than a fundamental deterioration. Since then, the company has returned to a clear upward trend in assets, liabilities, and equity. Overall, the leverage profile appears manageable for a regulated electric and gas utility, where higher debt levels are common due to stable cash flows and heavy long-term infrastructure spending.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.