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EIX

Edison International

EIX

Edison International • NYSE
$58.89 ▼ -0.37% (-0.22)
Market Cap $22.66 B
52w High $88.00
52w Low $47.73
Dividend Yield 3.31%
P/E 7.72
Volume 1.17M
Outstanding Shares 384.79M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $5.75B ▲ $1.442B ▲ $888M ▲ 15.443% ▲ $2.16 ▲ $2.413B ▲
Q2-2025 $4.543B ▲ $1.031B ▲ $398M ▼ 8.761% ▼ $0.89 ▼ $1.714B ▼
Q1-2025 $3.811B ▼ $-353M ▼ $1.492B ▲ 39.15% ▲ $3.73 ▲ $2.983B ▲
Q4-2024 $3.984B ▼ $948M ▲ $408M ▼ 10.241% ▼ $0.88 ▼ $1.635B ▼
Q3-2024 $5.201B $915M $577M 11.094% $1.33 $1.851B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $456M ▲ $90.489B ▲ $71.159B ▲ $17.155B ▲
Q2-2025 $140M ▼ $88.813B ▲ $69.952B ▲ $16.686B ▲
Q1-2025 $1.318B ▲ $88.42B ▲ $69.623B ▲ $16.622B ▲
Q4-2024 $193M ▼ $85.579B ▲ $67.839B ▲ $15.565B ▼
Q3-2024 $200M $84.749B $66.642B $15.663B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $889M ▲ $2.122B ▲ $-1.491B ▲ $-513M ▼ $286M ▲ $618M ▲
Q2-2025 $398M ▼ $882M ▼ $-1.628B ▼ $-383M ▼ $-1.208B ▼ $-830M ▼
Q1-2025 $1.491B ▲ $1.224B ▲ $-1.374B ▲ $1.374B ▲ $1.145B ▲ $-184M ▲
Q4-2024 $362M ▼ $1.17B ▼ $-1.439B ▼ $310M ▲ $-34M ▲ $-326M ▼
Q3-2024 $538M $2.472B $-1.427B $-1.201B $-237M $961M

Revenue by Products

Product Q4-2011Q1-2012Q2-2012Q3-2012
Competitive Power Generation
Competitive Power Generation
 $500.00M ▲$440.00M ▼$410.00M ▼$340.00M ▼
Electric Utility
Electric Utility
 $2.51Bn ▲$2.41Bn ▼$2.65Bn ▲$3.73Bn ▲
Parent And Other
Parent And Other
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been steadily trending higher, and profit margins have generally improved over the past few years, especially at the operating and EBITDA level. Net income has recovered from a weaker year in the middle of the period, showing more consistent earnings recently. Overall, the business looks like a typical large regulated utility: growth is modest but more stable, with earnings shaped by regulatory outcomes and wildfire-related costs and settlements.

Balance Sheet

Balance Sheet The company has grown its asset base significantly as it invests in the grid, and shareholder equity has stayed relatively steady, indicating a solid capital foundation. Debt levels are high and have been rising, which is common for utilities but still means meaningful financial leverage and interest obligations. The balance sheet looks adequate for a regulated utility, but it leaves limited room for major surprises or prolonged adverse regulatory or wildfire events without additional capital support.

Cash Flow

Cash Flow Cash flow from operations has strengthened recently, suggesting the underlying business is generating healthy cash. However, heavy, ongoing capital spending on infrastructure means free cash flow has been negative for several years. This pattern is typical for growing utilities but implies ongoing reliance on debt and equity markets to fund investments and dividends, increasing sensitivity to capital market conditions and regulatory support for cost recovery.

Competitive Edge

Competitive Edge Edison International benefits from being a large regulated electric utility in a dense and growing California market, with limited direct competition in its core service territory. Regulation provides revenue stability and a framework for earning returns on its investments, but also exposes it to policy risk and intense scrutiny, especially around wildfire liability and reliability. Its scale, deep local presence, and expertise in managing wildfire risk and grid complexity provide meaningful advantages versus potential new entrants or smaller players.

Innovation and R&D

Innovation and R&D The company is actively modernizing its grid with advanced sensors, automation, and data systems to handle more renewable energy and distributed resources. It is investing in energy storage, electric vehicle infrastructure, and building electrification, positioning itself at the center of California’s clean energy transition. Its work on wildfire mitigation, distributed energy integration, and advisory services through its non-regulated arm gives it specialized capabilities that could support future growth areas like vehicle-to-grid, advanced grid management, and potentially green hydrogen over time.

Summary

Edison International shows the profile of a large, capital-intensive regulated utility steadily improving its earnings while investing heavily in the future grid. Strengths include a stable regulated revenue base, improving profitability, and a clear strategic focus on clean energy, electrification, and grid modernization. Key risks center on high leverage, persistent negative free cash flow due to large capital programs, and exposure to California-specific regulatory and wildfire issues. Overall, it appears positioned as a core utility player in a demanding but opportunity-rich market, with long-term value creation heavily dependent on regulatory support and successful execution of its large investment plan.

NEWS

November 20, 2025 · 8:01 AM UTC

Southern California Edison Commences Cash Tender Offer to Purchase Any & All 5.45% Fixed-to-Floating Rate Trust Preference Securities Issued by SCE Trust V

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November 20, 2025 · 8:00 AM UTC

Edison International Commences Cash Tender Offers to Purchase Any & All of Its 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B and 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A

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November 18, 2025 · 4:05 PM UTC

Southern California Edison Announces Redemption of SCE Trust IV 5.375% Fixed-to-Floating Rate Trust Preference Securities

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November 6, 2025 · 2:00 PM UTC

Edison Scholars Program Accepting Applications

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October 29, 2025 · 12:39 PM UTC

ADDING MULTIMEDIA / Now Available: Wildfire Recovery Compensation Program for Eaton Fire

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