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Consolidated Edison vs FirstEnergy: Which Stock Looks Stronger in 2026?

Consolidated Edison holds the cleaner structural position, with valuation as the main driver and growth adding further support. FirstEnergy does not offset that deficit through any equally strong structural edge elsewhere. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-08-16

This is not just a one-metric split: both valuation and growth materially support the lead. Consolidated Edison, Inc. leads by 22 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Utilities - Regulated Electric

This comparison is based on industry proximity, not on functional trajectory similarity. ED and FE share the same industry classification.

For a similarity-based comparison, see how Consolidated Edison and FirstEnergy each position within their functional peer groups in AssetNext.

Peer-Relative Score
ED
Consolidated Edison, Inc.
68
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
FE
FirstEnergy Corp.
46
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: ED vs FE Profitability 30 12 Stability 83 62 Valuation 85 57 Growth 84 63 ED FE
Gap Ranking
#1 Valuation +28
#2 Growth +21
#3 Stability +21
#4 Profitability +18
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ED and FE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer EDFE Relative valuation Structural strength

Consolidated Edison, Inc. looks stronger on relative valuation, while the broader price setup remains mixed.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where ED and FE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY ED Elevated · above norm 0th 50th 100th 1 pct gap FE Elevated · near norm 0th 50th 100th 94th 93rd
ED (94th percentile) and FE (93rd percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Both profiles are strong on valuation, but Consolidated Edison, Inc. leads clearly.
Growth
On growth, the edge is clear — both rank well, but Consolidated Edison, Inc. sits noticeably higher.
Valuation — Dominant Gap
ED
85
FE
57
Gap+28in favour of ED

The multiple-based pricing edge comes from a trailing P/E that is 7.5 turns lower.

What keeps the gap from being one-sided

FirstEnergy Corp. still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

Valuation is the clearest driver, and growth also supports Consolidated Edison, Inc.'s broader structural position.

Explore full peer positioning in AssetNext

Break down the ED vs FE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-and-growth comparisons

Explore how ED and FE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.