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Side-by-side financial comparison of Consolidated Edison (ED) and XPO, Inc. (XPO). Click either name above to swap in a different company.
Consolidated Edison is the larger business by last-quarter revenue ($4.0B vs $2.1B, roughly 1.9× XPO, Inc.). Consolidated Edison runs the higher net margin — 7.5% vs 4.8%, a 2.7% gap on every dollar of revenue. On growth, Consolidated Edison posted the faster year-over-year revenue change (8.2% vs 7.3%). Over the past eight quarters, XPO, Inc.'s revenue compounded faster (0.4% 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.
XPO, Inc., formerly XPO Logistics, is an American transportation company that conducts less-than-truckload shipping in North America. The company has headquarters in Greenwich, Connecticut, and has 592 locations globally. XPO is the second largest provider of less-than-truckload (LTL) services in North America, operating in 99 percent of all U.S. postal codes.
ED vs XPO — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.0B | $2.1B |
| Net Profit | $298.0M | $101.0M |
| Gross Margin | — | — |
| Operating Margin | 12.3% | 8.3% |
| Net Margin | 7.5% | 4.8% |
| Revenue YoY | 8.2% | 7.3% |
| Net Profit YoY | -3.9% | 46.4% |
| EPS (diluted) | $0.81 | $0.85 |
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 | — | $2.1B | ||
| Q4 25 | $4.0B | $2.0B | ||
| Q3 25 | $4.6B | $2.1B | ||
| Q2 25 | $3.6B | $2.1B | ||
| Q1 25 | $4.9B | $2.0B | ||
| Q4 24 | $3.7B | $1.9B | ||
| Q3 24 | $4.2B | $2.1B | ||
| Q2 24 | $3.3B | $2.1B |
| Q1 26 | — | $101.0M | ||
| Q4 25 | $298.0M | $59.0M | ||
| Q3 25 | $688.0M | $82.0M | ||
| Q2 25 | $246.0M | $106.0M | ||
| Q1 25 | $791.0M | $69.0M | ||
| Q4 24 | $310.0M | $75.0M | ||
| Q3 24 | $588.0M | $95.0M | ||
| Q2 24 | $202.0M | $150.0M |
| Q1 26 | — | 8.3% | ||
| Q4 25 | 12.3% | 7.1% | ||
| Q3 25 | 21.2% | 7.8% | ||
| Q2 25 | 9.8% | 9.5% | ||
| Q1 25 | 23.0% | 7.7% | ||
| Q4 24 | 13.0% | 7.8% | ||
| Q3 24 | 20.4% | 8.6% | ||
| Q2 24 | 9.7% | 9.5% |
| Q1 26 | — | 4.8% | ||
| Q4 25 | 7.5% | 2.9% | ||
| Q3 25 | 15.1% | 3.9% | ||
| Q2 25 | 6.8% | 5.1% | ||
| Q1 25 | 16.2% | 3.5% | ||
| Q4 24 | 8.5% | 3.9% | ||
| Q3 24 | 13.9% | 4.6% | ||
| Q2 24 | 6.1% | 7.2% |
| Q1 26 | — | $0.85 | ||
| Q4 25 | $0.81 | $0.49 | ||
| Q3 25 | $1.90 | $0.68 | ||
| Q2 25 | $0.68 | $0.89 | ||
| Q1 25 | $2.25 | $0.58 | ||
| Q4 24 | $0.89 | $0.63 | ||
| Q3 24 | $1.69 | $0.79 | ||
| Q2 24 | $0.58 | $1.25 |
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 | $237.0M |
| Total DebtLower is stronger | $25.8B | $3.3B |
| Stockholders' EquityBook value | $24.2B | $1.9B |
| Total Assets | $74.6B | $8.2B |
| Debt / EquityLower = less leverage | 1.07× | 1.77× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $237.0M | ||
| Q4 25 | $1.6B | $310.0M | ||
| Q3 25 | $181.0M | $335.0M | ||
| Q2 25 | $1.5B | $225.0M | ||
| Q1 25 | $360.0M | $212.0M | ||
| Q4 24 | $1.3B | $246.0M | ||
| Q3 24 | $93.0M | $378.0M | ||
| Q2 24 | $1.5B | $250.0M |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $25.8B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $24.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.9B | ||
| Q4 25 | $24.2B | $1.9B | ||
| Q3 25 | $24.2B | $1.8B | ||
| Q2 25 | $23.8B | $1.8B | ||
| Q1 25 | $23.8B | $1.6B | ||
| Q4 24 | $22.0B | $1.6B | ||
| Q3 24 | $21.9B | $1.6B | ||
| Q2 24 | $21.6B | $1.5B |
| Q1 26 | — | $8.2B | ||
| Q4 25 | $74.6B | $8.2B | ||
| Q3 25 | $71.8B | $8.2B | ||
| Q2 25 | $71.5B | $8.1B | ||
| Q1 25 | $70.7B | $7.9B | ||
| Q4 24 | $70.6B | $7.7B | ||
| Q3 24 | $68.6B | $7.9B | ||
| Q2 24 | $67.9B | $7.7B |
| Q1 26 | — | 1.77× | ||
| 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 | $183.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 4.97× | 1.81× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $183.0M | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $504.0M | $371.0M | ||
| Q2 25 | $2.0B | $247.0M | ||
| Q1 25 | $837.0M | $142.0M | ||
| Q4 24 | $1.3B | $189.0M | ||
| Q3 24 | $392.0M | $264.0M | ||
| Q2 24 | $1.3B | $210.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $215.0M | ||
| Q2 25 | — | $51.0M | ||
| Q1 25 | — | $-57.0M | ||
| Q4 24 | — | $23.0M | ||
| Q3 24 | — | $137.0M | ||
| Q2 24 | — | $20.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 10.2% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | -2.9% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | — | 6.7% | ||
| Q2 24 | — | 1.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | — | 9.4% | ||
| Q1 25 | — | 10.2% | ||
| Q4 24 | — | 8.6% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 9.1% |
| Q1 26 | — | 1.81× | ||
| Q4 25 | 4.97× | — | ||
| Q3 25 | 0.73× | 4.52× | ||
| Q2 25 | 8.04× | 2.33× | ||
| Q1 25 | 1.06× | 2.06× | ||
| Q4 24 | 4.23× | 2.52× | ||
| Q3 24 | 0.67× | 2.78× | ||
| Q2 24 | 6.63× | 1.40× |
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% |
XPO
Segment breakdown not available.
