Consolidated Edison (ED) vs NiSource (NI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Consolidated Edison (ED) has outperformed NiSource (NI) over the past year, gaining 4.6% versus a loss of 7.0%. Over five years, NI leads with a +62.9% price change compared with +40.5% for ED. Consolidated Edison is the larger company by market cap ($38.70 billion vs $19.44 billion), about 2.0 times the size, while NiSource is growing revenue faster (+23.5% vs +10.9%).
On valuation, Consolidated Edison trades at a lower forward P/E (16.1x vs 18.0x for NiSource). Consolidated Edison offers the higher dividend yield (3.32% vs 1.43%). NiSource converts more of its revenue into profit, with a net margin of 14.3% versus 12.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ED | NI |
|---|---|---|
| Share price | $104.64 | $40.54 |
| Market cap | $38.70B | $19.44B |
| 1-day change | -0.46% | -0.32% |
| YTD return | +5.36% | -2.92% |
| 1-year return | +4.60% | -7.00% |
| 5-year return | +40.51% | +62.94% |
| P/E ratio (TTM) | 17.24 | 21.56 |
| Forward P/E | 16.10 | 18.01 |
| EPS (TTM) | $6.07 | $1.88 |
| Dividend yield | 3.32% | 1.43% |
| Annual dividend | $3.48 | $0.58 |
| Revenue (latest FY) | $16.92B | $6.52B |
| Revenue growth (YoY) | +10.89% | +23.47% |
| Net income (latest FY) | $2.02B | $929.50M |
| Gross margin | — | 75.71% |
| Operating margin | 17.35% | 28.14% |
| Net margin | 11.96% | 14.25% |
| 52-week high | $116.23 | $49.21 |
| 52-week low | $94.96 | $38.42 |
| Distance from 52-week high | -9.97% | -17.62% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +4.49% | +21.19% |
| Average volume | 2.20M | 5.54M |
| Shares outstanding | 369.83M | 479.56M |
| Employees | 15,407 | 7,668 |
| Sector | Utilities | Utilities |
| Industry | Power Generation | Power Generation |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ED has outperformed NI by 11.6 percentage points over the past year.
- NiSource trades at a higher earnings multiple (21.6x vs 17.2x trailing P/E).
- Consolidated Edison offers a meaningfully higher dividend yield (3.32% vs 1.43%).
- NiSource grew revenue faster in its latest fiscal year (+23.47% vs +10.89%).
About Consolidated Edison
ED stock →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.
Utilities · Power Generation · 15,407 employees
About NiSource
NI stock →NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations.
Utilities · Power Generation · 7,668 employees
ED vs NI FAQ
Which is bigger, Consolidated Edison or NiSource?
Consolidated Edison (ED) is larger, with a market capitalization of $38.70B compared with $19.44B for NiSource (NI).
Which stock has performed better over the past year, ED or NI?
ED returned +4.60% over the past 12 months, compared with -7.00% for NI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ED or NI?
ED has the lower trailing P/E at 17.2, versus 21.6 for NI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Consolidated Edison or NiSource?
Consolidated Edison has the higher yield at 3.32%, compared with 1.43% for NiSource.
Are Consolidated Edison and NiSource in the same industry?
Yes. Both are classified in the Power Generation industry within the Utilities sector.