Bio-Rad Laboratories, Inc. Class A Common Stock vs Consolidated Edison, Inc. — how do they compare? Bio-Rad Laboratories, Inc. Class A Common Stock trades at $298.3 (market cap $8.02B), while Consolidated Edison, Inc. trades at $111.89 (market cap $41.21B). The key difference: Consolidated Edison, Inc. is far larger — about 5.1× Bio-Rad Laboratories, Inc. Class A Common Stock's market cap, and Consolidated Edison, Inc. pays a 3.11% dividend while Bio-Rad Laboratories, Inc. Class A Common Stock pays none. Which is the better fit depends on your goals.
| BIO | ED | |
|---|---|---|
Market Cap | $8.02B | $41.21B |
Sector | Health | Utilities |
52-Week High | $339.75 | $115.46 |
52-Week Low | $241.71 | $95.37 |
Enterprise Value | $7.84B | $68.24B |
Dividend Yield | — | 3.11% |
Trailing returns across standard periods
Bio-Rad Laboratories, headquartered in Hercules, California, develops, manufactures, and markets products and solutions for the clinical diagnostics and life sciences markets. In diagnostics (53% of sales), Bio-Rad manufactures, sells, and supports test systems and specialized quality controls for clinical laboratories. In life sciences (47% of sales), the firm develops and manufactures a range of instruments and reagents used in research, biopharmaceutical production, and food testing. The company is geographically diverse, with major markets in the Americas (42% of 2021 sales), Europe and Africa (33%), and Asia-Pacific (25%). Bio-Rad owns 37% of Sartorius AG, a laboratory and biopharmaceutical supplier.
Read more on BIO →Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
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