Consolidated Edison, Inc. vs Gitlab Inc — how do they compare? Consolidated Edison, Inc. trades at $107.5 (market cap $39.76B), while Gitlab Inc trades at $41.45 (market cap $7.11B). The key difference: Consolidated Edison, Inc. is far larger — about 5.6× Gitlab Inc's market cap, and Consolidated Edison, Inc. pays a 3.27% dividend while Gitlab Inc pays none. Which is the better fit depends on your goals.
| ED | GTLB | |
|---|---|---|
Market Cap | $39.76B | $7.11B |
Sector | Utilities | Technology |
52-Week High | $115.46 | $51.04 |
52-Week Low | $95.37 | $19.42 |
Enterprise Value | $66.61B | $5.85B |
Dividend Yield | 3.27% | — |
Trailing returns across standard periods
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.
Read more on ED →GitLab Inc operates on an all-remote model. The company is a technology company whose primary offering is GitLab, a complete DevOps platform delivered as a single application. GitLab is used by a wide range of organizations. The company also provides related training and professional services. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. The principal markets for GitLab are currently located in the United States, Europe, and Asia Pacific. The company is focused on accelerating innovation and broadening the distribution of its platform to companies across the world.
Read more on GTLB →