What is the current annual operating margin of ED?

As of today, ED annual operating margin is 17.32%

What is 1-year change in ED annual operating margin?

ED annual operating margin is down -3.29% year-over-year

What is 3-year change in ED annual operating margin?

ED annual operating margin is up +3.77% over the past 3 years

How far is ED annual operating margin from its all-time high?

ED annual operating margin is currently -25.12% below its historical high of 23.13% set on December 31, 1994

How does ED annual operating margin rank versus sector peers?

ED annual operating margin is higher than 41.28% of companies in Utilities sector

When is ED next annual earnings release?

As of today, the next annual earnings release for ED has not been scheduled

What is the current quarterly operating margin of ED?

As of today, ED quarterly operating margin is 13.57%

What is ED quarterly operating margin most recent change?

ED quarterly operating margin was down -41.26% on June 30, 2026

What is 1-year change in ED quarterly operating margin?

ED quarterly operating margin is up +37.49% year-over-year

How far is ED quarterly operating margin from its all-time high?

ED quarterly operating margin is currently -62.52% below its historical high of 36.21% set on December 31, 2001

How does ED quarterly operating margin rank versus sector peers?

ED quarterly operating margin is higher than 33.98% of companies in Utilities sector

When is ED next earnings release?

The next earnings release for ED is on November 5, 2026

ED Operating Margin History & Chart Since 1980

Annual Operating Margin

17.32%0.59%-3.29%

December 31, 2025

Summary

Current Value: As of today, ED annual operating margin is 17.32%, down -3.29% on December 31, 2025
Historical Performance: ED annual operating margin is up +3.77% over the past 3 years, down -20.07% over the past 5 years
All-Time High Comparison: ED annual operating margin is currently -25.12% below its historical high of 23.13% set on December 31, 1994
3-Year Low Comparison: ED annual operating margin is +9.76% above its 3-year low of 15.78% reached on December 31, 2023
Sector Comparison: ED annual operating margin is higher than 41.28% of companies in Utilities sector

Operating Margin Chart

beforeafter

Performance

ED Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	17.32%	-3.3%	+3.8%	-20.1%	+20.4%
Quarterly Operating Margin	Jun 30, 26	13.57%	+37.5%	+47.3%	-3.3%	+34.6%
Price	Aug 13, 26	$108.21	+4.4%	+19.1%	+39.2%	+101.4%
PE Ratio	Aug 13, 26	17.77	-5.5%	+36.0%	-24.7%	+20.7%
Annual Revenue	Dec 31, 25	$16.92B	+10.9%	+8.0%	+38.2%	+27.2%
Annual Operating Profit	Dec 31, 25	$2.93B	+7.3%	+12.1%	+10.5%	+53.3%
Annual Gross Margin	Dec 31, 25	62.02%	-3.1%	+1.7%	-5.9%	+125.5%
Annual Net Margin	Dec 31, 25	11.96%	+0.3%	+17.1%	+27.9%	+58.6%

Operating Margin Highs

ED Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	17.91%	Dec 31, 24	-3.3%
5Y	21.67%	N/A	-20.1%
All	23.13%	Dec 31, 94	-25.1%

Operating Margin Lows

ED Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	15.78%	Dec 31, 23	+9.8%
5Y	15.78%	Dec 31, 23	+9.8%
All	12.61%	Dec 31, 08	+37.4%

Operating Margin History

Year	Value	Change
2025	17.32%	-3.3%
2024	17.91%	+13.5%
2023	15.78%	-5.5%
2022	16.69%	-18.5%
2021	20.48%	-5.5%
2020	21.67%	+2.6%
2019	21.13%	+2.9%
2018	20.54%	-10.7%
2017	22.99%	+3.7%
2016	22.18%	+6.3%
2015	20.86%	+33.0%
2014	15.69%	-10.8%
2013	17.59%	-10.9%
2012	19.75%	+8.3%
2011	18.24%	+26.8%
2010	14.38%	-22.8%
2009	18.63%	+47.7%
2008	12.61%	-10.8%
2007	14.13%	+3.8%
2006	13.61%	+4.4%
2005	13.04%	-5.5%
2004	13.80%	-4.4%
2003	14.43%	-16.1%

Year	Value	Change
2002	17.19%	+4.0%
2001	16.53%	+16.9%
2000	14.14%	-25.4%
1999	18.95%	-8.0%
1998	20.60%	+2.7%
1997	20.06%	-1.0%
1996	20.27%	-7.9%
1995	22.00%	-4.9%
1994	23.13%	+10.0%
1993	21.02%	+4.1%
1992	20.20%	+8.3%
1991	18.65%	-1.8%
1990	18.99%	-2.4%
1989	19.45%	-6.7%
1988	20.84%	-1.7%
1987	21.21%	-3.2%
1986	21.90%	+8.7%
1985	20.15%	-0.1%
1984	20.17%	-0.5%
1983	20.28%	+14.4%
1982	17.72%	+8.0%
1981	16.40%	+6.1%
1980	15.46%	-

FAQ

What is the current annual operating margin of ED?: As of today, ED annual operating margin is 17.32%
What is 1-year change in ED annual operating margin?: ED annual operating margin is down -3.29% year-over-year
What is 3-year change in ED annual operating margin?: ED annual operating margin is up +3.77% over the past 3 years
How far is ED annual operating margin from its all-time high?: ED annual operating margin is currently -25.12% below its historical high of 23.13% set on December 31, 1994
How does ED annual operating margin rank versus sector peers?: ED annual operating margin is higher than 41.28% of companies in Utilities sector
When is ED next annual earnings release?: As of today, the next annual earnings release for ED has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

13.57%9.53%-41.26%

June 30, 2026

Summary

Current Value: As of today, ED quarterly operating margin is 13.57%, down -41.26% on June 30, 2026
Historical Performance: ED quarterly operating margin is up +37.49% year-over-year, up +47.34% over the past 3 years
All-Time High Comparison: ED quarterly operating margin is currently -62.52% below its historical high of 36.21% set on December 31, 2001
3-Year Low Comparison: ED quarterly operating margin is +47.34% above its 3-year low of 9.21% reached on an earlier date
Sector Comparison: ED quarterly operating margin is higher than 33.98% of companies in Utilities sector

Performance

ED Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jun 30, 26	13.57%	-41.3%	+37.5%	+47.3%	-3.3%
Annual Operating Margin	Dec 31, 25	17.32%	–	-3.3%	+3.8%	-20.1%
Price	Aug 13, 26	$108.21	+1.9%	+4.4%	+19.1%	+39.2%
PE Ratio	Aug 13, 26	17.77	-0.6%	-5.5%	+36.0%	-24.7%
Quarterly Revenue	Jun 30, 26	$4.07B	-20.1%	+13.2%	+38.2%	+36.9%
Quarterly Operating Profit	Jun 30, 26	$552.00M	-53.1%	+55.5%	+103.7%	+32.4%
Quarterly Gross Margin	Jun 30, 26	60.01%	-3.0%	-0.7%	-3.8%	-5.8%
Quarterly Net Margin	Jun 30, 26	7.57%	-58.3%	+10.7%	-1.4%	+90.7%

Quarterly Operating Margin Highs

ED Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	23.10%	Mar 31, 26	-41.3%
3Y	24.35%	Mar 31, 24	-44.3%
5Y	24.35%	Mar 31, 24	-44.3%
All	36.21%	Dec 31, 01	-62.5%

Quarterly Operating Margin Lows

ED Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	9.87%	N/A	+37.5%
3Y	9.21%	N/A	+47.3%
5Y	9.21%	Jun 30, 23	+47.3%
All	5.08%	Sep 30, 08	+167.1%

Quarterly Operating Margin History

Month	Value	Change
Jun 2026	13.57%	-41.3%
Mar 2026	23.10%	+91.1%
Dec 2025	12.09%	-43.4%
Sep 2025	21.37%	+116.5%
Jun 2025	9.87%	-57.9%
Mar 2025	23.45%	+69.1%
Dec 2024	13.87%	-34.2%
Sep 2024	21.07%	+112.0%
Jun 2024	9.94%	-59.2%
Mar 2024	24.35%	+88.6%
Dec 2023	12.91%	-31.0%
Sep 2023	18.70%	+103.0%
Jun 2023	9.21%	-53.5%
Mar 2023	19.79%	+51.5%
Dec 2022	13.06%	-39.1%
Sep 2022	21.43%	+87.0%
Jun 2022	11.46%	-42.9%
Mar 2022	20.06%	-1.8%
Dec 2021	20.42%	-11.1%
Sep 2021	22.97%	+63.7%
Jun 2021	14.03%	-40.1%
Mar 2021	23.41%	+38.4%
Dec 2020	16.91%	-34.6%
Sep 2020	25.85%	+47.6%
Jun 2020	17.51%	-30.4%
Mar 2020	25.15%	+32.6%
Dec 2019	18.97%	-26.0%
Sep 2019	25.63%	+55.5%
Jun 2019	16.48%	-25.9%
Mar 2019	22.25%	+26.2%
Dec 2018	17.63%	-29.4%
Sep 2018	24.98%	+56.8%
Jun 2018	15.93%	-28.7%
Mar 2018	22.35%	+55.3%
Dec 2017	14.39%	-51.7%
Sep 2017	29.82%	+50.8%
Jun 2017	19.77%	-22.5%
Mar 2017	25.51%	+33.1%
Dec 2016	19.17%	-28.2%
Sep 2016	26.70%	+52.6%
Jun 2016	17.50%	-37.5%
Mar 2016	27.99%	+67.4%
Dec 2015	16.72%	-34.8%
Sep 2015	25.65%	+25.6%
Jun 2015	20.43%	+6.2%
Mar 2015	19.24%	+197.4%
Dec 2014	6.47%	-74.6%
Sep 2014	25.46%	+63.5%
Jun 2014	15.57%	+8.4%
Mar 2014	14.37%	-3.8%
Dec 2013	14.93%	-39.0%
Sep 2013	24.48%	+61.1%
Jun 2013	15.20%	+4.3%
Mar 2013	14.57%	-8.3%
Dec 2012	15.89%	-36.4%
Sep 2012	24.99%	+52.0%
Jun 2012	16.44%	-22.2%
Mar 2012	21.13%	-9.4%
Dec 2011	23.33%	+7.6%
Sep 2011	21.69%	+115.2%
Jun 2011	10.08%	-47.7%
Mar 2011	19.26%	+265.5%
Dec 2010	5.27%	-73.4%
Sep 2010	19.79%	+24.1%
Jun 2010	15.95%	+1.3%

Month	Value	Change
Mar 2010	15.75%	+1.6%
Dec 2009	15.50%	-36.3%
Sep 2009	24.35%	+74.3%
Jun 2009	13.97%	+3.7%
Mar 2009	13.47%	+8.1%
Dec 2008	12.46%	+145.3%
Sep 2008	5.08%	-54.7%
Jun 2008	11.21%	-22.6%
Mar 2008	14.48%	+17.8%
Dec 2007	12.29%	-22.4%
Sep 2007	15.83%	+35.0%
Jun 2007	11.73%	-26.9%
Mar 2007	16.05%	+13.2%
Dec 2006	14.18%	-6.5%
Sep 2006	15.16%	+21.1%
Jun 2006	12.52%	-9.1%
Mar 2006	13.78%	+71.2%
Dec 2005	8.05%	-32.4%
Sep 2005	11.90%	+26.1%
Jun 2005	9.44%	-32.7%
Mar 2005	14.03%	+120.3%
Dec 2004	6.37%	-47.2%
Sep 2004	12.07%	+38.9%
Jun 2004	8.69%	-10.1%
Mar 2004	9.67%	-29.2%
Dec 2003	13.65%	-28.4%
Sep 2003	19.06%	+152.8%
Jun 2003	7.54%	-45.6%
Mar 2003	13.85%	+31.8%
Dec 2002	10.51%	-30.9%
Sep 2002	15.20%	+10.7%
Jun 2002	13.73%	+12.0%
Mar 2002	12.26%	-66.1%
Dec 2001	36.21%	+152.5%
Sep 2001	14.34%	+0.1%
Jun 2001	14.32%	+2.4%
Mar 2001	13.99%	+36.9%
Dec 2000	10.22%	-44.1%
Sep 2000	18.28%	+82.6%
Jun 2000	10.01%	-39.6%
Mar 2000	16.57%	+26.5%
Dec 1999	13.10%	-49.9%
Sep 1999	26.16%	+95.5%
Jun 1999	13.38%	-34.0%
Mar 1999	20.28%	+9.3%
Dec 1998	18.55%	-39.3%
Sep 1998	30.57%	+159.3%
Jun 1998	11.79%	-37.0%
Mar 1998	18.70%	+7.7%
Dec 1997	17.36%	-43.3%
Sep 1997	30.63%	+207.2%
Jun 1997	9.97%	-43.6%
Mar 1997	17.68%	+19.5%
Dec 1996	14.79%	-52.0%
Sep 1996	30.80%	+145.4%
Jun 1996	12.55%	-34.5%
Mar 1996	19.16%	+16.5%
Dec 1995	16.45%	-48.1%
Sep 1995	31.68%	+139.1%
Jun 1995	13.25%	-44.4%
Mar 1995	23.83%	+26.4%
Dec 1994	18.86%	-44.2%
Sep 1994	33.77%	+120.9%
Jun 1994	15.29%	-29.9%
Mar 1994	21.82%	-

FAQ

What is the current quarterly operating margin of ED?: As of today, ED quarterly operating margin is 13.57%
What is ED quarterly operating margin most recent change?: ED quarterly operating margin was down -41.26% on June 30, 2026
What is 1-year change in ED quarterly operating margin?: ED quarterly operating margin is up +37.49% year-over-year
How far is ED quarterly operating margin from its all-time high?: ED quarterly operating margin is currently -62.52% below its historical high of 36.21% set on December 31, 2001
How does ED quarterly operating margin rank versus sector peers?: ED quarterly operating margin is higher than 33.98% of companies in Utilities sector
When is ED next earnings release?: The next earnings release for ED is on November 5, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

ED Official Website www.conedison.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1047862/000104786226000031/0001047862-26-000031-index.htm
ED Profile on Yahoo Finance finance.yahoo.com/quote/ED
ED Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ed