ED vs NGG vs WEC Stock Comparison

Consolidated Edison, National Grid and Wec Energy Prices as of Oct 26, 2026 Peers: Industry group
ED Consolidated Edison Inc
$115.44 +11.9% 1M +15.4% 1Y
Market cap
$42.43B
P/E
20.9x
Revenue (TTM)
$17.69B
Div. yield
0.03%
Regulated Electric Utilities Utilities
5 wins
NGG National Grid Plc
$81.77 +8.4% 1M +6.3% 1Y
Market cap
$80.91B
P/E
18.6x
Revenue (TTM)
—
Div. yield
–
Regulated Electric Utilities Utilities
4 wins
WEC Wec Energy Group, Inc.
$111.14 +9.6% 1M -4.0% 1Y
Market cap
$36.35B
P/E
21.5x
Revenue (TTM)
$10.14B
Div. yield
0.03%
Regulated Electric Utilities Utilities
3 wins

Head to Head

12 decided of 12

Consolidated Edison leads on 5 of the 12 questions below (Consolidated Edison 5, National Grid 4, Wec Energy 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEDNGGWECLeader
Larger companyMarket capitalisation $42.43B $80.91B $36.35B NGG
Cheaper on earningsLower P/E, profitable companies only 20.9x 18.6x 21.5x NGG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.2x 14.0x 20.8x NGG
Faster revenue growthRevenue growth, trailing twelve months +9.5% — +8.9% ED
More profitableNet margin, trailing twelve months 11.5% — 16.7% WEC
Better return on capitalReturn on invested capital 9.1% — 5.9% ED
Less leveragedLower net debt / EBITDA -0.1x — 5.9x ED
Higher dividend yieldTrailing dividend yield 0.03% 0.00% 0.03% WEC
Better 1-year returnPrice return, last 12 months +15.4% +6.3% -4.0% ED
Better 5-year returnAnnualised price return, 5 years +8.7%/yr +5.0%/yr +4.3%/yr ED
Less volatileAnnualised volatility, 1 year 18.0% 22.5% 16.5% WEC
Higher overall scoreMean of the five percentile scores vs peers 53/100 73/100 46/100 NGG

Percentile Scorecard

EDNGGWEC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEDNGGWEC
Valuation 80 #14 of 67 55 #31 of 67 27 #49 of 67
Growth 30 #46 of 65 – 33 #44 of 65
Profitability 33 #43 of 64 – 79 #14 of 64
Financial Health 89 #8 of 64 76 #16 of 64 33 #43 of 64
Shareholder Returns 33 #45 of 67 89 #8 of 67 59 #28 of 67
Overall 53 73 46
  • ED ranked among 67 companies in Regulated Utilities
  • NGG ranked among 67 companies in Regulated Utilities
  • WEC ranked among 67 companies in Regulated Utilities

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEDNGGWECSPY
1 month +11.9%+8.4%+9.6% -0.8%
3 months +3.6%+0.7%-2.4% +3.5%
6 months +6.1%-6.3%-3.5% +7.0%
Year to date +16.2%+5.7%+5.4% +12.2%
1 year +15.4%+6.3%-4.0% +13.0%
3 years +32.0%+36.6%+36.0% +86.3%
3 years, per year +9.7%+11.0%+10.8% +23.1%
5 years +51.9%+27.6%+23.5% +68.6%
5 years, per year +8.7%+5.0%+4.3% +11.0%
10 years +56.3%+15.9%+88.9% +258.0%
10 years, per year +4.6%+1.5%+6.6% +13.6%

Risk

MeasureEDNGGWECSPY
Volatility, 1Y 18.0%22.5%16.5% 12.7%
Downside volatility, 1Y 17.7%24.2%15.9% 12.7%
Beta vs S&P 500, 1Y -0.510.31-0.14 1.00
Return / volatility, 1Y 0.850.28-0.25 1.02
Max drawdown, 5Y -22.0%-40.9%-29.4% -25.4%
From 52-week high -0.7%-12.9%-6.5% -1.8%
52-week high $116.25$93.93$118.85 $779.14
52-week low $95.41$73.54$100.79 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEDNGGWEC
P/E now vs peer median 21.0xmedian 20.8x 18.6xmedian 20.8x 21.4xmedian 20.8x
P/S now vs peer median 2.4xmedian 2.9x 3.6xmedian 2.9x 3.6xmedian 2.9x
EV/EBITDA now vs peer median 7.6xmedian 13.1x —median 13.1x 15.3xmedian 13.1x
P/FCF now vs peer median -49.5xmedian 36.7x -29.4xmedian 36.7x -37.3xmedian 36.7x
P/B now vs peer median 1.7xmedian 1.7x 1.6xmedian 1.7x 2.6xmedian 1.7x
PEG now vs peer median -2.55median 2.23 —median 2.23 3.39median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEDNGGWEC
Revenue $17.69B – $10.14B
Gross profit $9.44B – $6.66B
Operating income $3.18B – $2.32B
Net income $2.22B – $1.69B
Free cash flow -$862.00M – -$970.20M
EPS (diluted) $5.48 – $5.14
Cash & equivalents $1.47B $493.98M $50.00M
Total debt $5.26B $61.59B $22.56B
Shares (diluted) 370.00M 994.20M 328.90M
Enterprise value $39.01B $53.20B $36.17B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEDNGGWEC
P/E 21.0x 18.6x 21.4x
P/FCF -49.5x -29.4x -37.3x
P/Operating cash flow 10.8x – 10.1x
P/S 2.4x 3.6x 3.6x
P/B 1.7x 1.6x 2.6x
P/Tangible book 1.7x 1.8x 2.6x
EV/EBITDA 7.6x – 15.3x
EV/EBIT 13.3x – 25.4x
EV/Revenue 2.4x – 5.8x
EV/FCF -48.9x – -60.5x
EV/Operating cash flow 10.7x – 16.4x
PEG (3Y EPS CAGR) -2.55 – 3.39

Growth

14 metrics
MetricEDNGGWEC
Revenue growth (1Y) 9.5% – 8.9%
Revenue CAGR (3Y) 4.4% – 3.0%
Gross profit growth (1Y) 9.4% – 5.5%
Gross profit CAGR (3Y) 7.5% – 7.3%
Operating income growth (1Y) 12.9% – -0.1%
Operating income CAGR (3Y) -2.8% – 7.2%
Net income growth (1Y) 14.6% – 2.0%
Net income CAGR (3Y) -3.5% – 7.8%
EPS growth (1Y) 2.4% – -0.4%
EPS CAGR (3Y) -8.2% – 6.3%
Operating cash flow growth (1Y) -12.5% – 7.4%
Operating cash flow CAGR (3Y) 8.0% – 20.3%
Free cash flow growth (1Y) -210.1% – -284.1%
Free cash flow CAGR (3Y) 12.8% – -9.0%

Profitability

14 metrics
MetricEDNGGWEC
Gross margin 53.4% – 65.7%
EBITDA margin 31.6% – 37.8%
Operating margin 18.0% – 22.8%
Pretax margin 16.4% – 17.9%
Net margin 11.5% – 16.7%
FCF margin -4.9% – -9.6%
Operating cash flow margin 22.4% – 35.3%
Return on equity 8.6% – 11.8%
Return on assets 2.9% – 3.2%
Return on invested capital 9.1% – 5.9%
Return on capital employed 4.5% – 4.9%
Asset turnover 0.2x – 0.2x
Cash conversion (OCF / net income) 1.8x – 2.1x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricEDNGGWEC
Debt / assets 1.3% 43.2% 42.8%
Debt / equity 0.0x 1.2x 1.6x
Net debt / EBITDA -0.1x – 5.9x
Debt / FCF -1.1x – -23.3x
Liabilities / assets 66.4% 63.7% 73.2%
Equity / assets 33.6% 36.3% 26.8%
Interest coverage 2.6x – 2.5x
Current ratio 1.3x 0.8x 0.5x
Quick ratio 0.8x 0.7x 0.3x
Cash ratio 0.3x 0.3x 0.0x
Altman Z-score 1.18 – 1.08

Shareholder Returns

7 metrics
MetricEDNGGWEC
Dividend yield 3.0% 4.0% 3.4%
Net buyback yield -2.2% – -1.1%
Shareholder yield 0.8% 4.0% 2.3%
Payout ratio (earnings) 54.8% – 70.8%
Payout ratio (FCF) -140.8% – -123.6%
Dividend growth (1Y) 7.7% – 9.3%
Dividend CAGR (3Y) 3.1% – 8.0%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEDNGGWEC
Forward P/E 18.2xFY2026 14.0xFY2026 20.8xFY2026
EPS, next fiscal year $6.36FY2026 $5.86FY2026 $5.35FY2026
EPS growth, next FY +11.6%FY2026 +11.4%FY2026 +1.5%FY2026
EPS growth, the year after -2.4% +8.9% +17.9%
Revenue, next fiscal year $16.78BFY2026 $25.38BFY2026 $9.89BFY2026
Revenue growth, next FY -0.8%FY2026 +6.4%FY2026 +0.9%FY2026
Revenue growth, the year after +6.2% +8.6% +3.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEDNGGWEC
Held by institutions 76.0% 6.2% 85.3%
Institutions holding 1,431 617 1,394
Change in shares held, QoQ +6.7% +6.6% +1.1%
Institutions buying 755 352 704
Institutions selling 385 159 401
Buyers to sellers 1.96 2.21 1.76

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EDNGGWEC
ED 1.00 0.52 0.79
NGG 0.52 1.00 0.54
WEC 0.79 0.54 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ED, NGG and WEC?

National Grid (NGG) is the largest by market capitalisation: Consolidated Edison (ED) $42.43B, National Grid (NGG) $80.91B, Wec Energy (WEC) $36.35B.

Which stock is cheaper, ED, NGG and WEC?

National Grid (NGG) trades on the lowest price-to-earnings ratio (Consolidated Edison (ED) 20.9x, National Grid (NGG) 18.6x, Wec Energy (WEC) 21.5x). On next year's consensus earnings, National Grid (NGG) is cheapest (Consolidated Edison (ED) 18.2x, National Grid (NGG) 14.0x, Wec Energy (WEC) 20.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Consolidated Edison (ED) grew revenue fastest over the trailing twelve months: Consolidated Edison (ED) +9.5%, Wec Energy (WEC) +8.9%.

Which company is more profitable?

Wec Energy (WEC) has the highest net margin (Consolidated Edison (ED) 11.5%, Wec Energy (WEC) 16.7%). On return on invested capital, Consolidated Edison (ED) leads (Consolidated Edison (ED) 9.1%, Wec Energy (WEC) 5.9%).

Which stock has performed better?

Over the past year Consolidated Edison (ED) returned the most: Consolidated Edison (ED) +15.4%, National Grid (NGG) +6.3%, Wec Energy (WEC) -4.0%. Over five years, Consolidated Edison (ED) compounded fastest (Consolidated Edison (ED) +8.7%/yr, National Grid (NGG) +5.0%/yr, Wec Energy (WEC) +4.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Wec Energy (WEC) has the highest dividend yield: Consolidated Edison (ED) 0.03%, National Grid (NGG) 0.00%, Wec Energy (WEC) 0.03%. National Grid (NGG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Wec Energy (WEC) has been the steadiest (Consolidated Edison (ED) 18.0%, National Grid (NGG) 22.5%, Wec Energy (WEC) 16.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ED, NGG and WEC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Consolidated Edison (ED) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.