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Side-by-side financial comparison of Consolidated Edison (ED) and Northann Corp. (NCL). Click either name above to swap in a different company.

Consolidated Edison is the larger business by last-quarter revenue ($4.0B vs $3.5M, roughly 1118.3× Northann Corp.). Consolidated Edison runs the higher net margin — 7.5% vs -248.2%, a 255.7% gap on every dollar of revenue. On growth, Northann Corp. posted the faster year-over-year revenue change (38.6% vs 8.2%). Over the past eight quarters, Northann Corp.'s revenue compounded faster (28.1% 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.

Northann Corp is a home furnishing enterprise specializing in the design, production and sales of home textile products, decorative accessories and related household goods. Its core markets cover North America, Western Europe and China, targeting mid-to-high end household consumer segments.

ED vs NCL — Head-to-Head

Bigger by revenue
ED
ED
1118.3× larger
ED
$4.0B
$3.5M
NCL
Growing faster (revenue YoY)
NCL
NCL
+30.4% gap
NCL
38.6%
8.2%
ED
Higher net margin
ED
ED
255.7% more per $
ED
7.5%
-248.2%
NCL
Faster 2-yr revenue CAGR
NCL
NCL
Annualised
NCL
28.1%
-3.7%
ED

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ED
ED
NCL
NCL
Revenue
$4.0B
$3.5M
Net Profit
$298.0M
$-8.8M
Gross Margin
-40.6%
Operating Margin
12.3%
-246.9%
Net Margin
7.5%
-248.2%
Revenue YoY
8.2%
38.6%
Net Profit YoY
-3.9%
-1872.0%
EPS (diluted)
$0.81
$-0.07

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.

Revenue
ED
ED
NCL
NCL
Q4 25
$4.0B
Q3 25
$4.6B
$3.5M
Q2 25
$3.6B
$1.7M
Q1 25
$4.9B
$3.4M
Q4 24
$3.7B
$4.3M
Q3 24
$4.2B
$2.6M
Q2 24
$3.3B
$3.9M
Q1 24
$4.3B
$4.6M
Net Profit
ED
ED
NCL
NCL
Q4 25
$298.0M
Q3 25
$688.0M
$-8.8M
Q2 25
$246.0M
$-2.3M
Q1 25
$791.0M
$-2.6M
Q4 24
$310.0M
$-3.9M
Q3 24
$588.0M
$496.6K
Q2 24
$202.0M
$-997.5K
Q1 24
$720.0M
$60.0K
Gross Margin
ED
ED
NCL
NCL
Q4 25
Q3 25
-40.6%
Q2 25
-53.6%
Q1 25
11.4%
Q4 24
-2.2%
Q3 24
63.7%
Q2 24
23.2%
Q1 24
33.6%
Operating Margin
ED
ED
NCL
NCL
Q4 25
12.3%
Q3 25
21.2%
-246.9%
Q2 25
9.8%
-128.6%
Q1 25
23.0%
-74.9%
Q4 24
13.0%
-32.2%
Q3 24
20.4%
21.6%
Q2 24
9.7%
-30.0%
Q1 24
23.6%
7.1%
Net Margin
ED
ED
NCL
NCL
Q4 25
7.5%
Q3 25
15.1%
-248.2%
Q2 25
6.8%
-132.5%
Q1 25
16.2%
-76.5%
Q4 24
8.5%
-91.4%
Q3 24
13.9%
19.4%
Q2 24
6.1%
-25.6%
Q1 24
16.8%
1.3%
EPS (diluted)
ED
ED
NCL
NCL
Q4 25
$0.81
Q3 25
$1.90
$-0.07
Q2 25
$0.68
$-0.02
Q1 25
$2.25
$-0.03
Q4 24
$0.89
$-0.16
Q3 24
$1.69
$0.02
Q2 24
$0.58
$-0.04
Q1 24
$2.08
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ED
ED
NCL
NCL
Cash + ST InvestmentsLiquidity on hand
$1.6B
$40.9K
Total DebtLower is stronger
$25.8B
Stockholders' EquityBook value
$24.2B
$1.8M
Total Assets
$74.6B
$15.0M
Debt / EquityLower = less leverage
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ED
ED
NCL
NCL
Q4 25
$1.6B
Q3 25
$181.0M
$40.9K
Q2 25
$1.5B
$1.1M
Q1 25
$360.0M
Q4 24
$1.3B
$245.2K
Q3 24
$93.0M
Q2 24
$1.5B
Q1 24
$169.0M
Total Debt
ED
ED
NCL
NCL
Q4 25
$25.8B
Q3 25
Q2 25
Q1 25
Q4 24
$24.7B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ED
ED
NCL
NCL
Q4 25
$24.2B
Q3 25
$24.2B
$1.8M
Q2 25
$23.8B
$4.4M
Q1 25
$23.8B
$3.9M
Q4 24
$22.0B
$2.6M
Q3 24
$21.9B
$1.4M
Q2 24
$21.6B
$969.0K
Q1 24
$21.6B
$712.3K
Total Assets
ED
ED
NCL
NCL
Q4 25
$74.6B
Q3 25
$71.8B
$15.0M
Q2 25
$71.5B
$16.5M
Q1 25
$70.7B
$16.5M
Q4 24
$70.6B
$13.9M
Q3 24
$68.6B
$14.6M
Q2 24
$67.9B
$13.1M
Q1 24
$66.7B
$13.2M
Debt / Equity
ED
ED
NCL
NCL
Q4 25
1.07×
Q3 25
Q2 25
Q1 25
Q4 24
1.13×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ED
ED
NCL
NCL
Operating Cash FlowLast quarter
$1.5B
$-15.6K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.97×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ED
ED
NCL
NCL
Q4 25
$1.5B
Q3 25
$504.0M
$-15.6K
Q2 25
$2.0B
$-2.8M
Q1 25
$837.0M
$-1.0M
Q4 24
$1.3B
$-1.6M
Q3 24
$392.0M
$169.7K
Q2 24
$1.3B
$-122.2K
Q1 24
$573.0M
$297.9K
Cash Conversion
ED
ED
NCL
NCL
Q4 25
4.97×
Q3 25
0.73×
Q2 25
8.04×
Q1 25
1.06×
Q4 24
4.23×
Q3 24
0.67×
0.34×
Q2 24
6.63×
Q1 24
0.80×
4.96×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ED
ED

Electricity$2.9B73%
Oil And Gas Purchased$923.0M23%
Steam Plant$189.0M5%
Con Edison Transmission$1.0M0%

NCL
NCL

Segment breakdown not available.

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