vs
Side-by-side financial comparison of Consolidated Edison (ED) and QVC INC (QVCD). Click either name above to swap in a different company.
Consolidated Edison is the larger business by last-quarter revenue ($4.0B vs $2.4B, roughly 1.6× QVC INC). Consolidated Edison runs the higher net margin — 7.5% vs 1.5%, a 6.0% gap on every dollar of revenue. On growth, Consolidated Edison posted the faster year-over-year revenue change (8.2% vs -8.9%). Over the past eight quarters, QVC INC's revenue compounded faster (7.1% 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.
QVC Group, is an American media conglomerate controlled by company chairman John C. Malone, who owns a majority of the voting shares.
ED vs QVCD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.0B | $2.4B |
| Net Profit | $298.0M | $37.0M |
| Gross Margin | — | 32.5% |
| Operating Margin | 12.3% | 5.6% |
| Net Margin | 7.5% | 1.5% |
| Revenue YoY | 8.2% | -8.9% |
| Net Profit YoY | -3.9% | 103.0% |
| EPS (diluted) | $0.81 | — |
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.
| Q4 25 | $4.0B | $2.4B | ||
| Q3 25 | $4.6B | $2.0B | ||
| Q2 25 | $3.6B | $2.0B | ||
| Q1 25 | $4.9B | $1.9B | ||
| Q4 24 | $3.7B | $2.7B | ||
| Q3 24 | $4.2B | $2.1B | ||
| Q2 24 | $3.3B | $2.1B | ||
| Q1 24 | $4.3B | $2.1B |
| Q4 25 | $298.0M | $37.0M | ||
| Q3 25 | $688.0M | $2.0M | ||
| Q2 25 | $246.0M | $-2.2B | ||
| Q1 25 | $791.0M | $-42.0M | ||
| Q4 24 | $310.0M | $-1.2B | ||
| Q3 24 | $588.0M | $51.0M | ||
| Q2 24 | $202.0M | $53.0M | ||
| Q1 24 | $720.0M | $51.0M |
| Q4 25 | — | 32.5% | ||
| Q3 25 | — | 33.6% | ||
| Q2 25 | — | 35.4% | ||
| Q1 25 | — | 33.3% | ||
| Q4 24 | — | 32.6% | ||
| Q3 24 | — | 34.7% | ||
| Q2 24 | — | 35.6% | ||
| Q1 24 | — | 35.0% |
| Q4 25 | 12.3% | 5.6% | ||
| Q3 25 | 21.2% | 4.6% | ||
| Q2 25 | 9.8% | -114.5% | ||
| Q1 25 | 23.0% | 1.5% | ||
| Q4 24 | 13.0% | -47.1% | ||
| Q3 24 | 20.4% | 7.8% | ||
| Q2 24 | 9.7% | 7.6% | ||
| Q1 24 | 23.6% | 7.4% |
| Q4 25 | 7.5% | 1.5% | ||
| Q3 25 | 15.1% | 0.1% | ||
| Q2 25 | 6.8% | -109.1% | ||
| Q1 25 | 16.2% | -2.2% | ||
| Q4 24 | 8.5% | -46.0% | ||
| Q3 24 | 13.9% | 2.4% | ||
| Q2 24 | 6.1% | 2.5% | ||
| Q1 24 | 16.8% | 2.4% |
| Q4 25 | $0.81 | — | ||
| Q3 25 | $1.90 | — | ||
| Q2 25 | $0.68 | — | ||
| Q1 25 | $2.25 | — | ||
| Q4 24 | $0.89 | — | ||
| Q3 24 | $1.69 | — | ||
| Q2 24 | $0.58 | — | ||
| Q1 24 | $2.08 | — |
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 | $1.5B |
| Total DebtLower is stronger | $25.8B | $1.0M |
| Stockholders' EquityBook value | $24.2B | $1.2B |
| Total Assets | $74.6B | $8.5B |
| Debt / EquityLower = less leverage | 1.07× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $1.5B | ||
| Q3 25 | $181.0M | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $360.0M | — | ||
| Q4 24 | $1.3B | $297.0M | ||
| Q3 24 | $93.0M | $297.0M | ||
| Q2 24 | $1.5B | $315.0M | ||
| Q1 24 | $169.0M | $311.0M |
| Q4 25 | $25.8B | $1.0M | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | $24.7B | $3.3B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | $3.7B | ||
| Q1 24 | — | $3.8B |
| Q4 25 | $24.2B | $1.2B | ||
| Q3 25 | $24.2B | $1.2B | ||
| Q2 25 | $23.8B | $1.2B | ||
| Q1 25 | $23.8B | $3.3B | ||
| Q4 24 | $22.0B | $3.3B | ||
| Q3 24 | $21.9B | $4.6B | ||
| Q2 24 | $21.6B | $4.3B | ||
| Q1 24 | $21.6B | $4.2B |
| Q4 25 | $74.6B | $8.5B | ||
| Q3 25 | $71.8B | $8.3B | ||
| Q2 25 | $71.5B | $7.4B | ||
| Q1 25 | $70.7B | $9.7B | ||
| Q4 24 | $70.6B | $9.9B | ||
| Q3 24 | $68.6B | $9.9B | ||
| Q2 24 | $67.9B | $11.2B | ||
| Q1 24 | $66.7B | $11.4B |
| Q4 25 | 1.07× | 0.00× | ||
| Q3 25 | — | 4.30× | ||
| Q2 25 | — | 3.42× | ||
| Q1 25 | — | 1.22× | ||
| Q4 24 | 1.13× | 1.01× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | 0.87× | ||
| Q1 24 | — | 0.89× |
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 | $245.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 4.97× | 6.62× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | $245.0M | ||
| Q3 25 | $504.0M | $76.0M | ||
| Q2 25 | $2.0B | $52.0M | ||
| Q1 25 | $837.0M | $46.0M | ||
| Q4 24 | $1.3B | $189.0M | ||
| Q3 24 | $392.0M | $98.0M | ||
| Q2 24 | $1.3B | $164.0M | ||
| Q1 24 | $573.0M | $84.0M |
| Q4 25 | 4.97× | 6.62× | ||
| Q3 25 | 0.73× | 38.00× | ||
| Q2 25 | 8.04× | — | ||
| Q1 25 | 1.06× | — | ||
| Q4 24 | 4.23× | — | ||
| Q3 24 | 0.67× | 1.92× | ||
| Q2 24 | 6.63× | 3.09× | ||
| Q1 24 | 0.80× | 1.65× |
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% |
QVCD
| Home | $754.0M | 31% |
| QVC International | $661.0M | 27% |
| Beauty | $260.0M | 11% |
| Apparel | $254.0M | 10% |
| Electronics | $187.0M | 8% |
| Accessories | $181.0M | 7% |
| Jewelry | $87.0M | 4% |
| Otherrevenue | $38.0M | 2% |
