Is CONSOLIDATED EDISON INC (ED) Halal?

NYSE Utilities United States $40.4B
✗ NOT HALAL
Confidence: 90/100
CONSOLIDATED EDISON INC (ED) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 69.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. CONSOLIDATED EDISON INC operates in the Utilities sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 69.9%
/ 30%
4.0%
/ 30%
9.5%
/ 30%
4.91%
/ 5%
✗ NOT HALAL
DJIM 69.9%
/ 33%
4.0%
/ 33%
9.5%
/ 33%
4.91%
/ 5%
✗ NOT HALAL
MSCI 38.0%
/ 33%
2.2%
/ 33%
5.2%
/ 33%
4.91%
/ 5%
✗ NOT HALAL
S&P 69.9%
/ 33%
4.0%
/ 33%
9.5%
/ 33%
4.91%
/ 5%
✗ NOT HALAL
FTSE 38.0%
/ 33%
2.2%
/ 33%
5.2%
/ 50%
4.91%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
19.8
Forward: 17.2
EPS
$5.64
Dividend Yield
308.0%
Payout: 60.3%
P/B Ratio
1.7
EV/EBITDA
11.1
EV: $67.1B
Revenue
$16.9B
Growth: 8.9%
Beta
0.3
Low volatility
Current Ratio
1.0

Profitability

Gross Margin 53.3%
Operating Margin 17.8%
Net Margin 12.0%
Return on Equity (ROE) 8.8%
Return on Assets (ROA) 3.2%

Cash Flow & Balance Sheet

Operating Cash Flow$4.8B
Free Cash Flow$36M
Total Debt$28.4B
Debt-to-Equity117.3
Current Ratio1.0
Total Assets$74.6B

Price & Trading

Last Close$111.52
50-Day MA$109.65
200-Day MA$102.32
Avg Volume2.2M
Beta0.3
52-Week Range
$94.96
$116.23

About CONSOLIDATED EDISON INC (ED)

CEO
Mr. Timothy P. Cawley
Employees
15,407
Sector
Utilities
Industry
Utilities - Regulated Electric
Country
United States
Exchange
NYSE
Market Cap
$40.4B
Currency
USD

Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,490 customers in parts of Manhattan. It also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, the company operates 552 circuit miles of transmission lines; 16 transmission substations; 63 distribution substations; 89,675 in-service line transformers; 3,764 pole miles of overhead distribution lines; and 2,417 miles of underground distribution lines, as well as 4,374 miles of mains and 379, 939 service lines for natural gas distribution. Further, it invests in electric and gas transmission projects. The company primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.

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Frequently Asked Questions

Is CONSOLIDATED EDISON INC (ED) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CONSOLIDATED EDISON INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is CONSOLIDATED EDISON INC's debt ratio?

CONSOLIDATED EDISON INC's debt ratio is 69.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 38.0%.

What are CONSOLIDATED EDISON INC's key financial metrics?

CONSOLIDATED EDISON INC has a market capitalization of $40.4B, trailing P/E ratio of 19.8, and revenue of $16.9B. The company maintains a gross margin of 53.3% and a net margin of 12.0%. Return on equity stands at 8.8%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.