vs
Side-by-side financial comparison of Consolidated Edison (ED) and EMCOR Group, Inc. (EME). Click either name above to swap in a different company.
EMCOR Group, Inc. is the larger business by last-quarter revenue ($4.6B vs $4.0B, roughly 1.2× Consolidated Edison). Consolidated Edison runs the higher net margin — 7.5% vs 6.6%, a 0.9% gap on every dollar of revenue. On growth, EMCOR Group, Inc. posted the faster year-over-year revenue change (19.7% vs 8.2%). Over the past eight quarters, EMCOR Group, Inc.'s revenue compounded faster (12.3% CAGR vs -3.7%).
Consolidated Edison, Inc., commonly known as Con Edison or ConEd, is an energy company based in New York City. It is one of the largest investor-owned energy companies in the United States, with approximately $15.26 billion in annual revenues as of 2024, and over $70 billion in assets. The company provides a wide range of energy-related products and services to its customers through its subsidiaries:Consolidated Edison Company of New York, Inc.
EMCOR Group, Inc., is an engineering, construction, and property management company headquartered in Norwalk, Connecticut.
ED vs EME — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.0B | $4.6B |
| Net Profit | $298.0M | $305.5M |
| Gross Margin | — | 18.7% |
| Operating Margin | 12.3% | 8.7% |
| Net Margin | 7.5% | 6.6% |
| Revenue YoY | 8.2% | 19.7% |
| Net Profit YoY | -3.9% | 26.9% |
| EPS (diluted) | $0.81 | $6.84 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $4.6B | ||
| Q4 25 | $4.0B | $4.5B | ||
| Q3 25 | $4.6B | $4.3B | ||
| Q2 25 | $3.6B | $4.3B | ||
| Q1 25 | $4.9B | $3.9B | ||
| Q4 24 | $3.7B | $3.8B | ||
| Q3 24 | $4.2B | $3.7B | ||
| Q2 24 | $3.3B | $3.7B |
| Q1 26 | — | $305.5M | ||
| Q4 25 | $298.0M | $434.6M | ||
| Q3 25 | $688.0M | $295.4M | ||
| Q2 25 | $246.0M | $302.2M | ||
| Q1 25 | $791.0M | $240.7M | ||
| Q4 24 | $310.0M | $292.2M | ||
| Q3 24 | $588.0M | $270.3M | ||
| Q2 24 | $202.0M | $247.6M |
| Q1 26 | — | 18.7% | ||
| Q4 25 | — | 19.7% | ||
| Q3 25 | — | 19.4% | ||
| Q2 25 | — | 19.4% | ||
| Q1 25 | — | 18.7% | ||
| Q4 24 | — | 20.1% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | — | 18.7% |
| Q1 26 | — | 8.7% | ||
| Q4 25 | 12.3% | 12.7% | ||
| Q3 25 | 21.2% | 9.4% | ||
| Q2 25 | 9.8% | 9.6% | ||
| Q1 25 | 23.0% | 8.2% | ||
| Q4 24 | 13.0% | 10.3% | ||
| Q3 24 | 20.4% | 9.8% | ||
| Q2 24 | 9.7% | 9.1% |
| Q1 26 | — | 6.6% | ||
| Q4 25 | 7.5% | 9.6% | ||
| Q3 25 | 15.1% | 6.9% | ||
| Q2 25 | 6.8% | 7.0% | ||
| Q1 25 | 16.2% | 6.2% | ||
| Q4 24 | 8.5% | 7.7% | ||
| Q3 24 | 13.9% | 7.3% | ||
| Q2 24 | 6.1% | 6.8% |
| Q1 26 | — | $6.84 | ||
| Q4 25 | $0.81 | $9.64 | ||
| Q3 25 | $1.90 | $6.57 | ||
| Q2 25 | $0.68 | $6.72 | ||
| Q1 25 | $2.25 | $5.26 | ||
| Q4 24 | $0.89 | $6.30 | ||
| Q3 24 | $1.69 | $5.80 | ||
| Q2 24 | $0.58 | $5.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | $916.4M |
| Total DebtLower is stronger | $25.8B | — |
| Stockholders' EquityBook value | $24.2B | $3.9B |
| Total Assets | $74.6B | $9.5B |
| Debt / EquityLower = less leverage | 1.07× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $916.4M | ||
| Q4 25 | $1.6B | $1.1B | ||
| Q3 25 | $181.0M | $655.1M | ||
| Q2 25 | $1.5B | $486.0M | ||
| Q1 25 | $360.0M | $576.7M | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $93.0M | $1.0B | ||
| Q2 24 | $1.5B | $807.3M |
| Q1 26 | — | — | ||
| Q4 25 | $25.8B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $24.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $3.9B | ||
| Q4 25 | $24.2B | $3.7B | ||
| Q3 25 | $24.2B | $3.3B | ||
| Q2 25 | $23.8B | $3.1B | ||
| Q1 25 | $23.8B | $2.9B | ||
| Q4 24 | $22.0B | $2.9B | ||
| Q3 24 | $21.9B | $2.8B | ||
| Q2 24 | $21.6B | $2.7B |
| Q1 26 | — | $9.5B | ||
| Q4 25 | $74.6B | $9.3B | ||
| Q3 25 | $71.8B | $8.6B | ||
| Q2 25 | $71.5B | $8.4B | ||
| Q1 25 | $70.7B | $8.1B | ||
| Q4 24 | $70.6B | $7.7B | ||
| Q3 24 | $68.6B | $7.3B | ||
| Q2 24 | $67.9B | $7.1B |
| Q1 26 | — | — | ||
| Q4 25 | 1.07× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.13× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.5B | $558.0K |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 4.97× | 0.00× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $558.0K | ||
| Q4 25 | $1.5B | $524.4M | ||
| Q3 25 | $504.0M | $475.5M | ||
| Q2 25 | $2.0B | $193.7M | ||
| Q1 25 | $837.0M | $108.5M | ||
| Q4 24 | $1.3B | $469.5M | ||
| Q3 24 | $392.0M | $526.4M | ||
| Q2 24 | $1.3B | $279.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $492.5M | ||
| Q3 25 | — | $448.8M | ||
| Q2 25 | — | $165.6M | ||
| Q1 25 | — | $82.3M | ||
| Q4 24 | — | $451.8M | ||
| Q3 24 | — | $508.7M | ||
| Q2 24 | — | $260.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 10.9% | ||
| Q3 25 | — | 10.4% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | 13.8% | ||
| Q2 24 | — | 7.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.5% |
| Q1 26 | — | 0.00× | ||
| Q4 25 | 4.97× | 1.21× | ||
| Q3 25 | 0.73× | 1.61× | ||
| Q2 25 | 8.04× | 0.64× | ||
| Q1 25 | 1.06× | 0.45× | ||
| Q4 24 | 4.23× | 1.61× | ||
| Q3 24 | 0.67× | 1.95× | ||
| Q2 24 | 6.63× | 1.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ED
| Electricity | $2.9B | 73% |
| Oil And Gas Purchased | $923.0M | 23% |
| Steam Plant | $189.0M | 5% |
| Con Edison Transmission | $1.0M | 0% |
EME
Segment breakdown not available.
