Consolidated Edison, Inc. vs Koninklijke Philips NV — how do they compare? Consolidated Edison, Inc. trades at $107.5 (market cap $39.76B), while Koninklijke Philips NV trades at $26.99 (market cap $26.58B). The key difference: Consolidated Edison, Inc. is the larger of the two by market cap, and Koninklijke Philips NV pays the higher dividend (3.75%). Which is the better fit depends on your goals.
| ED | PHG | |
|---|---|---|
Market Cap | $39.76B | $26.58B |
Sector | Utilities | Health |
52-Week High | $115.46 | $32.91 |
52-Week Low | $95.37 | $25.02 |
Enterprise Value | $66.61B | $33.13B |
Dividend Yield | 3.27% | 3.75% |
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 →Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. About 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound equipment, image-guided therapy solutions and healthcare informatics. The connected care segment (27% of revenue) encompasses monitoring and analytics systems for hospitals and sleep and respiratory care devices, whereas the personal health business (remainder of revenue) includes electric toothbrushes and men's grooming and personal-care products. In 2021, Philips generated EUR 17.2 billion in sales and had 80,000 employees in over 100 countries.
Read more on PHG →