Consolidated Edison, Inc. vs Warner Music Group Corp — how do they compare? Consolidated Edison, Inc. trades at $107.5 (market cap $39.31B), while Warner Music Group Corp trades at $25.08 (market cap $13.82B). The key difference: Consolidated Edison, Inc. is far larger — about 2.8× Warner Music Group Corp's market cap, and Consolidated Edison, Inc. pays the higher dividend (3.3%). Which is the better fit depends on your goals.
| ED | WMG | |
|---|---|---|
Market Cap | $39.31B | $13.82B |
Sector | Utilities | Media |
52-Week High | $115.46 | $34.72 |
52-Week Low | $95.37 | $23.65 |
Enterprise Value | $66.16B | $18.12B |
Dividend Yield | 3.3% | 3.03% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
Read more on WMG →