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Side-by-side financial comparison of Consolidated Edison (ED) and Seritage Growth Properties (SRG). Click either name above to swap in a different company.

Seritage Growth Properties is the larger business by last-quarter revenue ($4.2M vs $4.0M, roughly 1.0× Consolidated Edison). On growth, Consolidated Edison posted the faster year-over-year revenue change (8.9% vs -4.9%). Over the past eight quarters, Seritage Growth Properties's revenue compounded faster (-15.0% CAGR vs -96.5%).

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.

Seritage Growth Properties is a U.S.-headquartered publicly traded real estate investment trust. It owns, redevelops, and manages a diversified portfolio of retail, residential, and mixed-use commercial properties across key U.S. markets, leasing spaces to retail, dining, and service sector tenants.

ED vs SRG — Head-to-Head

Bigger by revenue
SRG
SRG
1.0× larger
SRG
$4.2M
$4.0M
ED
Growing faster (revenue YoY)
ED
ED
+13.8% gap
ED
8.9%
-4.9%
SRG
Faster 2-yr revenue CAGR
SRG
SRG
Annualised
SRG
-15.0%
-96.5%
ED

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ED
ED
SRG
SRG
Revenue
$4.0M
$4.2M
Net Profit
Gross Margin
Operating Margin
12.2%
Net Margin
Revenue YoY
8.9%
-4.9%
Net Profit YoY
55.2%
EPS (diluted)
$0.82

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
SRG
SRG
Q1 26
$4.0M
Q4 25
$4.0B
$4.2M
Q3 25
$4.6B
$4.8M
Q2 25
$3.6B
$4.7M
Q1 25
$4.9B
$4.6M
Q4 24
$3.7B
$4.4M
Q3 24
$4.2B
$3.3M
Q2 24
$3.3B
$4.2M
Net Profit
ED
ED
SRG
SRG
Q1 26
Q4 25
$298.0M
Q3 25
$688.0M
$-12.4M
Q2 25
$246.0M
$-28.5M
Q1 25
$791.0M
$-22.2M
Q4 24
$310.0M
Q3 24
$588.0M
$-22.0M
Q2 24
$202.0M
$-101.2M
Operating Margin
ED
ED
SRG
SRG
Q1 26
12.2%
Q4 25
12.3%
Q3 25
21.2%
-258.0%
Q2 25
9.8%
-610.2%
Q1 25
23.0%
-486.9%
Q4 24
13.0%
Q3 24
20.4%
-673.2%
Q2 24
9.7%
-2366.1%
Net Margin
ED
ED
SRG
SRG
Q1 26
Q4 25
7.5%
Q3 25
15.1%
-259.6%
Q2 25
6.8%
-612.6%
Q1 25
16.2%
-482.8%
Q4 24
8.5%
Q3 24
13.9%
-675.9%
Q2 24
6.1%
-2401.0%
EPS (diluted)
ED
ED
SRG
SRG
Q1 26
$0.82
Q4 25
$0.81
Q3 25
$1.90
$-0.24
Q2 25
$0.68
$-0.53
Q1 25
$2.25
$-0.42
Q4 24
$0.89
Q3 24
$1.69
$-0.41
Q2 24
$0.58
$-1.82

Balance Sheet & Financial Strength

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

Metric
ED
ED
SRG
SRG
Cash + ST InvestmentsLiquidity on hand
$48.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$331.4M
Total Assets
$393.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ED
ED
SRG
SRG
Q1 26
Q4 25
$1.6B
$48.1M
Q3 25
$181.0M
$51.5M
Q2 25
$1.5B
$71.8M
Q1 25
$360.0M
$94.3M
Q4 24
$1.3B
$85.2M
Q3 24
$93.0M
$85.6M
Q2 24
$1.5B
$86.7M
Total Debt
ED
ED
SRG
SRG
Q1 26
Q4 25
$25.8B
Q3 25
Q2 25
Q1 25
Q4 24
$24.7B
Q3 24
Q2 24
Stockholders' Equity
ED
ED
SRG
SRG
Q1 26
Q4 25
$24.2B
$331.4M
Q3 25
$24.2B
$337.7M
Q2 25
$23.8B
$351.4M
Q1 25
$23.8B
$381.1M
Q4 24
$22.0B
$404.5M
Q3 24
$21.9B
$417.5M
Q2 24
$21.6B
$440.4M
Total Assets
ED
ED
SRG
SRG
Q1 26
Q4 25
$74.6B
$393.8M
Q3 25
$71.8B
$558.6M
Q2 25
$71.5B
$575.7M
Q1 25
$70.7B
$649.7M
Q4 24
$70.6B
$677.8M
Q3 24
$68.6B
$735.0M
Q2 24
$67.9B
$758.3M
Debt / Equity
ED
ED
SRG
SRG
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
ED
ED
SRG
SRG
Operating Cash FlowLast quarter
$-34.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ED
ED
SRG
SRG
Q1 26
Q4 25
$1.5B
$-34.9M
Q3 25
$504.0M
$-12.5M
Q2 25
$2.0B
$-12.0M
Q1 25
$837.0M
$-9.2M
Q4 24
$1.3B
$-53.5M
Q3 24
$392.0M
$-15.5M
Q2 24
$1.3B
$-7.5M
Cash Conversion
ED
ED
SRG
SRG
Q1 26
Q4 25
4.97×
Q3 25
0.73×
Q2 25
8.04×
Q1 25
1.06×
Q4 24
4.23×
Q3 24
0.67×
Q2 24
6.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ED
ED

Electric$2.9M72%
Gas$923.0K23%
Other$187.0K5%
Non-utility$1.0K0%

SRG
SRG

Segment breakdown not available.

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