Edison International

EIX Utilities Utilities Regulated Electric

Edison International’s revenue for fiscal 2025 (year ended December 2025) was $19.3 billion, up 9.76% from fiscal 2024.

Revenue
−15.0%
EPS
−13.0%
Free cash flow
+41.6%
Total debt
+8.73%

Quarter to September 2026, against a year earlier

61.02 0.46 −0.75%
Market cap
$23.4B
P/E
6.5×
Fwd P/E
9.9×
Dividend yield
5.75%
F-score
7/9
Altman Z
0.76
Beneish M
−2.79
Dividend safety
43/100

Insider Decisions last twelve months

Sold, $m 0.75
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 2 1 1 — — 1 — — 1 —
Insider Ownership 0.23%

Capital & Financial Ratios $m

Size
Market Cap 23,430.00
Revenue ttm 18,559.00
Net income ttm 3,805.00
Free cash flow ttm (132.00)
Net debt Q 41,425.00
Valuation
P/E 6.46
Forward P/E 9.85
Price / sales 1.27
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.21
Financial health
Current ratio Q 0.77 (below 1: weak)
Debt / equity Q 2.14 (above 2: weak)
Interest coverage Q 1.80
Growth
Revenue growth Q −15.03% (below 0%: shrinking)
Operating income growth Q −31.56% (below 0%: shrinking)
EPS, this year −6.46% (below 0%: weak)
EPS, next year A +6.17%
Revenue, next year A −1.51% (below 0%: weak)
EPS, past 5 yrs +42.29% (at or above 15%: strong)
EPS, next 5 yrs A +1.58%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 4.28%
10-year low 10-year high
P/S against its own 10 years 10.05%
10-year low 10-year high
P/B against its own 10 years 5.87%
10-year low 10-year high
EV/Sales against its own 10 years 80.23%
10-year low 10-year high

Dividends raised 2 years running

Yield
5.75%
Annual rate
3.51
Payout ratio
37.3%
Growth, 2018–26
+4.72%/yr
  1. 2.43 ’18
  2. 2.48 ’19 +2
  3. 2.58 ’20 +4
  4. 2.69 ’21 +4
  5. 2.84 ’22 +6
  6. 2.99 ’23 +5
  7. 2.34 ’24 −22
  8. 3.31 ’25 +41
  9. 3.51 ’26 +6
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 345 193 158 171
Receivables 2,016 2,169 1,463 2,258
Inventory 527 538 535 551
Other 3,811 4,152 5,411 4,170
6,811 7,155 7,686 7,281
2023 2024 2025 Q'26
Payables 1,983 2,000 2,344 2,509
ST’ Debt 3,774 3,047 4,318 2,594
Other 2,331 2,846 3,281 3,802
8,598 8,439 10,536 9,501

Compound Annual Growth %

10y 5y 3y
Sales 5.30% 7.31% 3.90%
Cash Flow 2.55% 35.65% 21.72%
Earnings 15.89% 43.26% 93.86%
Book Value 3.70% 3.84% 3.20%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 1.37 1.38 1.87 — —
’25 3.72 0.89 2.16 4.79 11.55
’24 (0.03) 1.13 1.32 0.88 3.31
’23 0.81 0.92 0.40 0.99 3.11
’22 0.22 0.63 (0.33) 1.08 1.60
’21 0.68 0.84 (0.90) 1.37 2.00
’20 0.50 0.85 (0.76) 1.39 1.98
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 4,103 4,357 4,886 — —
’25 3,811 4,543 5,750 5,213 19,317
’24 4,078 4,336 5,201 3,984 17,599
’23 3,966 3,964 4,702 3,706 16,338
’22 3,968 4,008 5,228 4,016 17,220
’21 2,960 3,315 5,299 3,331 14,905
’20 2,790 2,987 4,644 3,157 13,578
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1,427 1,270 2,696 — —
’25 1,224 882 2,122 1,572 5,800
’24 1,043 329 2,472 1,170 5,014
’23 (90) 802 1,834 855 3,401
’22 792 446 874 1,104 3,216
’21 72 (1,446) 958 427 11
’20 315 310 446 192 1,263
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (112) (576) 875 — —
’25 (184) (830) 618 (319) (715)
’24 (236) (1,092) 961 (326) (693)
’23 (1,414) (585) 554 (602) (2,047)
’22 (415) (1,055) (624) (468) (2,562)
’21 (1,286) (2,681) (397) (1,130) (5,494)
’20 (953) (936) (937) (1,395) (4,221)
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 15.8% a year for ten years.

Implied
15.8%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

3.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 11,869 12,320 12,657 12,347 13,578 14,905 17,220 16,338 17,599 19,317 18,559 +5.6% 19,026 19,678 20,350 +1.8%
Gross margin, % 61.86 60.45 57.29 60.81 63.68 62.83 62.98 66.42 70.40 74.46 74.02 +12.6 pt
EBT 1,590 949 (1,089) 1,127 566 789 662 1,515 1,563 5,992 4,499 +15.9%
EBT margin, % 13.40 7.70 (8.60) 9.13 4.17 5.29 3.84 9.27 8.88 31.02 24.24 +17.6 pt
Net income 1,425 668 (316) 1,405 871 925 824 1,407 1,546 4,701 3,805 +14.2%
Per share, $
Per share, $ Revenue 36.41 37.79 38.83 36.31 36.40 39.22 45.20 42.66 45.59 50.17 48.21 +3.6%
Earnings 4.02 1.73 (1.30) 3.78 1.98 2.00 1.61 3.12 3.33 11.58 9.45 +12.5%
Cash flow 9.98 11.03 9.75 (0.90) 3.39 0.03 8.44 8.88 12.99 15.06 18.09 +4.7%
Capex (11.50) (11.79) (13.83) (14.34) (14.70) (14.49) (15.17) (14.22) (14.78) (16.92) (18.43) +4.4%
Free cash flow (1.52) (0.76) (4.09) (15.25) (11.32) (14.46) (6.72) (5.34) (1.80) (1.86) (0.34) +2.3%
Book value 43.52 42.53 38.81 45.58 42.76 46.81 45.99 46.85 45.96 50.02 50.53 +1.6%
Shares, m 326 326 326 340 373 380 381 383 386 385 385 +1.9%
Valuation, ×
Valuation, × P/E 17.85 36.56 0.00 19.79 31.73 34.13 39.93 23.19 24.05 5.18 6.46 23.2
P/S 1.97 1.67 1.46 2.08 1.73 1.74 1.42 1.70 1.75 1.20 1.27 1.7
P/B 1.65 1.49 1.46 1.65 1.47 1.64 1.58 1.70 1.91 1.23 1.21 1.6
EV/Sales 3.01 2.76 2.67 3.60 3.42 3.57 3.21 3.76 3.82 3.28 3.50 3.3
EV/FCF (72.24) (137.83) (25.37) (8.58) (10.99) (9.67) (21.56) (30.02) (96.98) (88.58) (491.80) (50.2)
Cash, $m
Cash, $m Operating cash flow 3,254 3,597 3,177 (307) 1,263 11 3,216 3,401 5,014 5,800 6,965 +6.6%
Capex (3,749) (3,844) (4,509) (4,877) (5,484) (5,505) (5,778) (5,448) (5,707) (6,515) (7,097) +6.3%
Free cash flow (495) (247) (1,332) (5,184) (4,221) (5,494) (2,562) (2,047) (693) (715) (132) +4.2%
Balance, $m
Balance, $m Working capital (3,789) (3,339) (2,036) (1,963) (5,216) (3,118) (3,277) (1,787) (1,284) (2,850) (2,220) (3.1%)
Net debt 12,367 13,425 15,287 18,825 22,972 27,211 30,740 33,745 36,388 40,230 41,425 +14.0%
Shareholders’ equity 14,187 13,866 12,652 15,496 15,949 17,789 17,522 17,944 17,740 19,259 19,453 +3.5%
Returns, %
Returns, % ROA 2.58 1.09 (0.77) 2.12 1.11 1.05 0.80 1.50 1.53 4.97 3.88 +2.4 pt
ROIC 4.85 3.33 (1.23) 3.23 1.95 2.05 1.92 3.18 3.38 7.45 6.06 +2.6 pt
ROE 9.51 4.03 (3.19) 9.12 4.70 4.78 3.90 7.52 7.93 25.58 19.63 +16.1 pt
People
People Employees 12,390 12,521 12,574 12,937 13,351 13,003 13,388 14,375 14,013 13,725 — +1.1%
Revenue/emp, $m 0.96 0.98 1.01 0.95 1.02 1.15 1.29 1.14 1.26 1.41 — +4.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Edison International vs peers in Utilities Regulated Electric (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
DTE DTE Energy Company $28.1B 20.5× 18.8× +5.67% (above 0%: growing) +11.88% (above 0%: growing) +230.17% (above 0%: growing) 0.00% 16.18% Compare
FE FirstEnergy Corporation $27.3B 22.6× 17.1× +9.86% (above 0%: growing) +26.32% (above 0%: growing) −44.47% (below 0%: shrinking) 63.57% 20.52% Compare
ES Eversource Energy $27.1B 18.6× 15.6× +2.29% (above 0%: growing) −85.42% (below 0%: shrinking) +398.93% (above 0%: growing) 67.64% 18.63% Compare
PPL PPL Corporation $27.1B 21.2× 18.7× +4.25% (above 0%: growing) +24.00% (above 0%: growing) −112.80% (below 0%: shrinking) 71.67% 22.50% Compare
CNP CenterPoint Energy, Inc. $26.5B 22.8× 23.3× +10.21% (above 0%: growing) +11.29% (above 0%: growing) −27.29% (below 0%: shrinking) 91.42% 30.44% Compare
EIX Edison International $23.4B 6.5× 9.9× −15.03% (below 0%: shrinking) −12.96% (below 0%: shrinking) +41.59% (above 0%: growing) 65.47% 20.06%
CMS CMS Energy Corporation $22.2B 33.3× 19.2× +8.02% (above 0%: growing) n/m +26.30% (above 0%: growing) 63.03% 2.15% Compare
EVRG Evergy Inc. $20.2B 18.9× 20.1× +15.84% (above 0%: growing) +28.64% (above 0%: growing) −62.16% (below 0%: shrinking) 0.00% 38.56% Compare
LNT Alliant Energy Corporation $19.1B 20.3× 20.8× +6.20% (above 0%: growing) +40.37% (above 0%: growing) −103.43% (below 0%: shrinking) 81.71% 30.27% Compare
Median of peers $26.8B 20.8× 19.0× +7.11% +24.00% −35.88% 65.61% 21.51%

All 39 Utilities Regulated Electric stocks →

From the latest earnings call

Updated

  • CFO Aaron Moss said elevated credit spreads could add $300 million to customer costs over the life of bonds SCE expects to issue in 2027.
  • Moss said Edison needs a durable wildfire liability cap and claims-resolution liquidity, and would prioritize safety, reliability and compliance when weighing investment needs.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 93.26%
Held by the ten largest 52.07%
Holder Shares Stake Change
Vanguard 52.67m 13.69% +352.66k
BlackRock 44.87m 11.66% −1.29m
State Street 36.15m 9.39% +1.55m
AQR Capital Management 18.47m 4.80% −2.18m
Geode Capital Management 14.00m 3.64% +540.17k
UBS 8.49m 2.21% +1.31m
Franklin Templeton 7.25m 1.88% +510.19k
Goldman Sachs 6.76m 1.76% +214.76k
Northern Trust 6.08m 1.58% +77.99k
Norges Bank 5.62m 1.46% +5.62m
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 13 March 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 16.54m 6.81m 119.00
2024 13.81m 21.04m 150.00
2023 14.88m 22.83m 130.00
2022 12.19m 11.74m 111.00
2021 14.36m 20.04m 114.00

Ownership

Directors and executive officers, together 1.20%
The Vanguard Group 13.37%
BlackRock Inc. 10.10%
State Street Corporation 8.50%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Edison International (EIX) Latest News

3 Nov

Impact 3 · · Trefis

20 Oct

EIX metrics, ten years each

stockrow.com/EIX · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com