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Side-by-side financial comparison of Consolidated Edison (ED) and Molson Coors Beverage Company (TAP). Click either name above to swap in a different company.

Consolidated Edison is the larger business by last-quarter revenue ($4.0B vs $3.1B, roughly 1.3× Molson Coors Beverage Company). Molson Coors Beverage Company runs the higher net margin — 7.6% vs 7.5%, a 0.1% gap on every dollar of revenue. On growth, Consolidated Edison posted the faster year-over-year revenue change (8.2% vs -3.6%). Over the past eight quarters, Molson Coors Beverage Company's revenue compounded faster (1.2% 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.

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.

ED vs TAP — Head-to-Head

Bigger by revenue
ED
ED
1.3× larger
ED
$4.0B
$3.1B
TAP
Growing faster (revenue YoY)
ED
ED
+11.8% gap
ED
8.2%
-3.6%
TAP
Higher net margin
TAP
TAP
0.1% more per $
TAP
7.6%
7.5%
ED
Faster 2-yr revenue CAGR
TAP
TAP
Annualised
TAP
1.2%
-3.7%
ED

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ED
ED
TAP
TAP
Revenue
$4.0B
$3.1B
Net Profit
$298.0M
$238.3M
Gross Margin
31.0%
Operating Margin
12.3%
10.4%
Net Margin
7.5%
7.6%
Revenue YoY
8.2%
-3.6%
Net Profit YoY
-3.9%
-17.2%
EPS (diluted)
$0.81
$1.32

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
TAP
TAP
Q4 25
$4.0B
$3.1B
Q3 25
$4.6B
$3.5B
Q2 25
$3.6B
$3.7B
Q1 25
$4.9B
$2.7B
Q4 24
$3.7B
$3.2B
Q3 24
$4.2B
$3.6B
Q2 24
$3.3B
$3.8B
Q1 24
$4.3B
$3.0B
Net Profit
ED
ED
TAP
TAP
Q4 25
$298.0M
$238.3M
Q3 25
$688.0M
$-2.9B
Q2 25
$246.0M
$428.7M
Q1 25
$791.0M
$121.0M
Q4 24
$310.0M
$287.8M
Q3 24
$588.0M
$199.8M
Q2 24
$202.0M
$427.0M
Q1 24
$720.0M
$207.8M
Gross Margin
ED
ED
TAP
TAP
Q4 25
31.0%
Q3 25
33.7%
Q2 25
34.3%
Q1 25
31.6%
Q4 24
32.0%
Q3 24
33.4%
Q2 24
34.6%
Q1 24
31.6%
Operating Margin
ED
ED
TAP
TAP
Q4 25
12.3%
10.4%
Q3 25
21.2%
-98.5%
Q2 25
9.8%
15.6%
Q1 25
23.0%
6.9%
Q4 24
13.0%
12.0%
Q3 24
20.4%
12.5%
Q2 24
9.7%
15.6%
Q1 24
23.6%
10.3%
Net Margin
ED
ED
TAP
TAP
Q4 25
7.5%
7.6%
Q3 25
15.1%
-84.0%
Q2 25
6.8%
11.5%
Q1 25
16.2%
4.5%
Q4 24
8.5%
8.9%
Q3 24
13.9%
5.5%
Q2 24
6.1%
11.1%
Q1 24
16.8%
6.8%
EPS (diluted)
ED
ED
TAP
TAP
Q4 25
$0.81
$1.32
Q3 25
$1.90
$-14.79
Q2 25
$0.68
$2.13
Q1 25
$2.25
$0.59
Q4 24
$0.89
$1.39
Q3 24
$1.69
$0.96
Q2 24
$0.58
$2.03
Q1 24
$2.08
$0.97

Balance Sheet & Financial Strength

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

Metric
ED
ED
TAP
TAP
Cash + ST InvestmentsLiquidity on hand
$1.6B
$896.5M
Total DebtLower is stronger
$25.8B
$6.3B
Stockholders' EquityBook value
$24.2B
$10.2B
Total Assets
$74.6B
$22.7B
Debt / EquityLower = less leverage
1.07×
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ED
ED
TAP
TAP
Q4 25
$1.6B
$896.5M
Q3 25
$181.0M
$950.2M
Q2 25
$1.5B
$613.8M
Q1 25
$360.0M
$412.7M
Q4 24
$1.3B
$969.3M
Q3 24
$93.0M
$1.0B
Q2 24
$1.5B
$1.6B
Q1 24
$169.0M
$458.4M
Total Debt
ED
ED
TAP
TAP
Q4 25
$25.8B
$6.3B
Q3 25
$6.3B
Q2 25
$6.3B
Q1 25
$6.2B
Q4 24
$24.7B
$6.1B
Q3 24
$6.2B
Q2 24
$7.0B
Q1 24
$6.2B
Stockholders' Equity
ED
ED
TAP
TAP
Q4 25
$24.2B
$10.2B
Q3 25
$24.2B
$10.3B
Q2 25
$23.8B
$13.4B
Q1 25
$23.8B
$13.1B
Q4 24
$22.0B
$13.1B
Q3 24
$21.9B
$13.3B
Q2 24
$21.6B
$13.2B
Q1 24
$21.6B
$13.1B
Total Assets
ED
ED
TAP
TAP
Q4 25
$74.6B
$22.7B
Q3 25
$71.8B
$22.9B
Q2 25
$71.5B
$26.8B
Q1 25
$70.7B
$25.9B
Q4 24
$70.6B
$26.1B
Q3 24
$68.6B
$26.6B
Q2 24
$67.9B
$27.4B
Q1 24
$66.7B
$26.1B
Debt / Equity
ED
ED
TAP
TAP
Q4 25
1.07×
0.61×
Q3 25
0.61×
Q2 25
0.47×
Q1 25
0.47×
Q4 24
1.13×
0.47×
Q3 24
0.47×
Q2 24
0.53×
Q1 24
0.47×

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
TAP
TAP
Operating Cash FlowLast quarter
$1.5B
$540.7M
Free Cash FlowOCF − Capex
$357.8M
FCF MarginFCF / Revenue
11.4%
Capex IntensityCapex / Revenue
5.9%
Cash ConversionOCF / Net Profit
4.97×
2.27×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ED
ED
TAP
TAP
Q4 25
$1.5B
$540.7M
Q3 25
$504.0M
$616.1M
Q2 25
$2.0B
$718.3M
Q1 25
$837.0M
$-90.7M
Q4 24
$1.3B
$494.5M
Q3 24
$392.0M
$521.2M
Q2 24
$1.3B
$869.2M
Q1 24
$573.0M
$25.4M
Free Cash Flow
ED
ED
TAP
TAP
Q4 25
$357.8M
Q3 25
$483.0M
Q2 25
$555.0M
Q1 25
$-328.0M
Q4 24
$383.4M
Q3 24
$350.4M
Q2 24
$691.7M
Q1 24
$-189.3M
FCF Margin
ED
ED
TAP
TAP
Q4 25
11.4%
Q3 25
13.9%
Q2 25
14.8%
Q1 25
-12.2%
Q4 24
11.8%
Q3 24
9.7%
Q2 24
18.0%
Q1 24
-6.2%
Capex Intensity
ED
ED
TAP
TAP
Q4 25
5.9%
Q3 25
3.8%
Q2 25
4.4%
Q1 25
8.8%
Q4 24
3.4%
Q3 24
4.7%
Q2 24
4.6%
Q1 24
7.0%
Cash Conversion
ED
ED
TAP
TAP
Q4 25
4.97×
2.27×
Q3 25
0.73×
Q2 25
8.04×
1.68×
Q1 25
1.06×
-0.75×
Q4 24
4.23×
1.72×
Q3 24
0.67×
2.61×
Q2 24
6.63×
2.04×
Q1 24
0.80×
0.12×

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%

TAP
TAP

Segment breakdown not available.

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