Loading…
Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers through its electrical infrastructure to an approximately 50,000 square-mile area of southern, central, and coastal California. It serves residential, commercial, industrial, public authorities, agricultural, street lighting, and other sectors. The company's distribution network consists of approximately 13,000 circuit-miles of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; and approximately 38,000 circuit-miles of overhead lines, approximately 32,000 circuit-miles of underground lines, and approximately 730 distribution substations. Edison International was founded in 1886 and is based in Rosemead, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $19.3B | $10.8B | $4.7B | $-715M | 27.5% | 9.8% | 204.1% |
| 2024 | $17.6B | $6.3B | $1.5B | $-693M | 11.1% | 7.7% | 9.9% |
| 2023 | $16.3B | $5.8B | $1.4B | $-2.0B | 10.2% | -5.1% | 70.8% |
| 2022 | $17.2B | $4.5B | $824M | $-2.6B | 6.0% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 17,220 | 16,338 | 17,599 | 19,317 |
| Operating Revenue | - | 17,220 | 16,338 | 17,599 | 19,317 |
| Cost Of Revenue | - | 11,099 | 9,624 | 10,381 | 10,031 |
| Gross Profit | - | 6,121 | 6,714 | 7,218 | 9,286 |
| Operating Expense | - | 4,589 | 4,086 | 4,288 | 4,046 |
| Selling General And Administration | - | 1,527 | 880 | 798 | 144 |
| Total Expenses | - | 15,688 | 13,710 | 14,669 | 14,077 |
| Operating Income | - | 1,532 | 2,628 | 2,930 | 5,240 |
| Total Operating Income As Reported | - | 1,483 | 2,627 | 2,930 | 7,093 |
| EBITDA | - | 4,464 | 5,762 | 6,298 | 10,768 |
| Normalized EBITDA | - | 4,375 | 5,609 | 6,111 | 8,738 |
| EBIT | - | 1,831 | 3,127 | 3,432 | 7,531 |
| Interest Income | - | 90 | 267 | 259 | 187 |
| Interest Expense | - | 1,169 | 1,612 | 1,869 | 1,539 |
| Net Interest Income | - | -1,079 | -1,345 | -1,610 | -1,352 |
| Other Non Operating Income Expenses | - | 120 | 79 | 56 | 74 |
| Other Income Expense | - | 209 | 232 | 243 | 2,104 |
| Interest Income Non Operating | - | 90 | 267 | 259 | 187 |
| Interest Expense Non Operating | - | 1,169 | 1,612 | 1,869 | 1,539 |
| Net Non Operating Interest Income Expense | - | -1,079 | -1,345 | -1,610 | -1,352 |
| Pretax Income | - | 662 | 1,515 | 1,563 | 5,992 |
| Tax Provision | - | -162 | 108 | 17 | 1,291 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 18.69 | 10.86 | 2.06 | 436.45 |
| Net Income Continuous Operations | - | 824 | 1,407 | 1,546 | 4,701 |
| Net Income From Continuing And Discontinued Operation | - | 824 | 1,407 | 1,546 | 4,701 |
| Net Income From Continuing Operation Net Minority Interest | - | 824 | 1,407 | 1,546 | 4,701 |
| Net Income | - | 824 | 1,407 | 1,546 | 4,701 |
| Net Income Common Stockholders | - | 612 | 1,197 | 1,284 | 4,459 |
| Net Income Including Noncontrolling Interests | - | 824 | 1,407 | 1,546 | 4,701 |
| Normalized Income | - | 753.69 | 1,264.86 | 1,361.06 | 3,107.45 |
| Diluted NI Availto Com Stockholders | - | 612 | 1,197 | 1,284 | 4,459 |
| Basic Average Shares | - | 381 | 383 | 386 | 385 |
| Diluted Average Shares | - | 383 | 385 | 388 | 386 |
| Reconciled Depreciation | - | 2,633 | 2,635 | 2,866 | 3,237 |
| Reconciled Cost Of Revenue | - | 11,027 | 9,624 | 10,381 | 10,031 |
| Total Unusual Items | - | 89 | 153 | 187 | 2,030 |
| Total Unusual Items Excluding Goodwill | - | 89 | 153 | 187 | 2,030 |
| Preferred Stock Dividends | - | 212 | 210 | 262 | 242 |
| Special Income Charges | - | 88 | 156 | 187 | 2,042 |
| Other Special Charges | - | -137 | -157 | -187 | -2,148 |
| Impairment Of Capital Assets | - | 49 | 1 | 0 | 106 |
| Gain On Sale Of Security | 3 | 1 | -3 | - | -12 |
| Depreciation Amortization Depletion Income Statement | - | 2,561 | 2,635 | 2,866 | 3,237 |
| Depreciation And Amortization In Income Statement | - | 2,561 | 2,635 | 2,866 | 3,237 |
| General And Administrative Expense | - | 1,527 | 880 | 798 | 144 |
| Salaries And Wages | -123 | -136 | -100 | - | - |
| Gain On Sale Of Ppe | 2 | 5 | - | - | - |
| Insurance And Claims | - | 1,527 | 880 | 798 | 144 |
| Other Taxes | - | 501 | 571 | 624 | 665 |
Utilities sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Edison Internationalthis co. | EIX | $27.6B | 5.88↓ discount | 1.62 | 27.5% | 6.41 |
| DTE Energy Company | DTE | $29.7B | 20.31 | 2.41 | 11.9% | 12.54 |
| Ameren Corporation | AEE | $29.6B | 20.34 | 2.21 | 10.9% | - |
| NRG Energy, Inc. | NRG | $28.1B | 32.57 | 27.30 | 83.8% | 12.21 |
| Atmos Energy Corporation | ATO | $28.0B | 23.40 |
| - |
| - |
| - |
| - |
| - |
| 2.07 |
| 8.8% |
| 15.57 |
| CenterPoint Energy, Inc. | CNP | $27.4B | 26.02 | 2.45 | 9.4% | 13.67 |
| PPL Corporation | PPL | $26.5B | 22.40 | 1.78 | 7.9% | 12.10 |
| FirstEnergy Corp. | FE | $26.4B | 25.88 | 2.11 | 8.2% | 12.43 |
| Eversource Energy | ES | $26.3B | 15.53 | 1.62 | 10.4% | 10.25 |
| Peer Median | - | 22.90 | 2.16 | 9.9% | 12.43 | |