Consolidated Edison (ED) vs Pacific Gas & Electric (PCG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Consolidated Edison (ED) has outperformed Pacific Gas & Electric (PCG) over the past year, gaining 4.6% versus a loss of 21.0%. Over five years, ED leads with a +40.5% price change compared with +14.2% for PCG. Consolidated Edison is the larger company by market cap ($38.70 billion vs $38.40 billion), about 1.0 times the size.
On valuation, Pacific Gas & Electric trades at a lower forward P/E (7.1x vs 16.1x for Consolidated Edison). Consolidated Edison offers the higher dividend yield (3.32% vs 1.37%). Consolidated Edison converts more of its revenue into profit, with a net margin of 12.0% versus 10.8%.
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 | PCG |
|---|---|---|
| Share price | $104.64 | $12.79 |
| Market cap | $38.70B | $38.40B |
| 1-day change | -0.46% | +2.32% |
| YTD return | +5.36% | -20.41% |
| 1-year return | +4.60% | -21.05% |
| 5-year return | +40.51% | +14.20% |
| P/E ratio (TTM) | 16.96 | 9.27 |
| Forward P/E | 16.10 | 7.10 |
| EPS (TTM) | $6.17 | $1.38 |
| Dividend yield | 3.32% | 1.37% |
| Annual dividend | $3.48 | $0.175 |
| Revenue (latest FY) | $16.92B | $24.93B |
| Revenue growth (YoY) | +10.89% | +2.11% |
| Net income (latest FY) | $2.02B | $2.70B |
| Operating margin | 17.35% | 19.05% |
| Net margin | 11.96% | 10.84% |
| 52-week high | $116.23 | $19.16 |
| 52-week low | $94.96 | $11.77 |
| Distance from 52-week high | -9.97% | -33.25% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +4.49% | +47.07% |
| Average volume | 2.20M | 36.18M |
| Shares outstanding | 369.83M | 2.20B |
| Employees | 15,407 | 29,010 |
| 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 PCG by 25.6 percentage points over the past year.
- Consolidated Edison trades at a higher earnings multiple (17.0x vs 9.3x trailing P/E).
- Consolidated Edison offers a meaningfully higher dividend yield (3.32% vs 1.37%).
- Consolidated Edison grew revenue faster in its latest fiscal year (+10.89% vs +2.11%).
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 Pacific Gas & Electric
PCG stock →PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cells, and photovoltaic sources.
Utilities · Power Generation · 29,010 employees
ED vs PCG FAQ
Which is bigger, Consolidated Edison or Pacific Gas & Electric?
Consolidated Edison (ED) is larger, with a market capitalization of $38.70B compared with $38.40B for Pacific Gas & Electric (PCG).
Which stock has performed better over the past year, ED or PCG?
ED returned +4.60% over the past 12 months, compared with -21.05% for PCG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ED or PCG?
PCG has the lower trailing P/E at 9.3, versus 17.0 for ED. 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 Pacific Gas & Electric?
Consolidated Edison has the higher yield at 3.32%, compared with 1.37% for Pacific Gas & Electric.
Are Consolidated Edison and Pacific Gas & Electric in the same industry?
Yes. Both are classified in the Power Generation industry within the Utilities sector.