Edison International (EIX) Financials

$70.80 -0.47 (-0.67%)

As of 09:30 AM Eastern

Annual Income Statements for Edison International

This table shows Edison International's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	1,020	1,311	565	-310	1,284	739	759	612	1,197	1,284	4,531
Consolidated Net Income / (Loss)	1,117	1,425	668	-316	1,405	871	925	824	1,407	1,546	4,701
Net Income / (Loss) Continuing Operations	1,082	1,413	668	-350	1,405	871	925	824	2,287	2,344	4,531
Total Pre-Tax Income	1,568	1,590	949	-1,089	1,127	566	789	662	1,515	1,563	5,992
Total Operating Income	2,008	2,062	1,456	-552	1,775	1,217	1,477	1,483	2,627	2,930	7,093
Total Gross Profit	7,258	4,444	4,603	4,454	4,490	5,037	5,720	6,121	6,714	7,218	9,286
Total Revenue	11,524	11,869	12,320	12,657	12,347	13,578	14,905	17,220	16,338	17,599	19,317
Operating Revenue	11,524	11,869	12,320	12,657	12,347	13,578	14,905	17,220	16,338	17,599	19,317
Total Cost of Revenue	4,266	7,425	7,717	8,203	7,857	8,541	9,185	11,099	9,624	10,381	10,031
Operating Cost of Revenue	4,266	7,425	7,717	8,203	7,857	8,541	9,185	11,099	9,624	10,381	10,031
Total Operating Expenses	5,250	2,382	3,147	4,999	2,715	3,820	4,243	4,638	3,207	3,490	3,902
Depreciation Expense	1,919	2,007	2,041	1,871	1,730	1,967	2,218	2,561	2,635	2,866	3,237
Other Operating Expenses / (Income)	336	354	368	381	735	525	749	764	571	624	665
Total Other Income / (Expense), net	-440	-472	-507	-537	-648	-651	-688	-821	-1,112	-1,367	438
Other Income / (Expense), net	115	109	132	197	193	251	237	348	500	502	438
Income Tax Expense	486	177	281	-739	-278	-305	-136	-162	108	17	1,291
Basic Earnings per Share	$3.13	$4.02	$1.73	($1.30)	$3.78	$1.98	$2.00	$1.61	$3.12	$3.33	$11.58
Weighted Average Basic Shares Outstanding	326M	326M	326M	326M	340M	373M	380M	381M	383M	386M	385M
Diluted Earnings per Share	$3.10	$3.97	$1.72	($1.30)	$3.77	$1.98	$2.00	$1.60	$3.11	$3.31	$11.55
Weighted Average Diluted Shares Outstanding	329M	330M	328M	326M	341M	374M	380M	383M	385M	388M	386M
Weighted Average Basic & Diluted Shares Outstanding	326M	326M	326M	326M	340M	814.17M	815.59M	817.45M	819.41M	819.91M	819.68M
Cash Dividends to Common per Share	$1.73	$1.98	$2.23	$2.43	$2.48	$2.58	$2.69	$2.84	$2.99	$3.17	$3.36

This table shows Edison International's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	155	378	1,111	439	516	340	532	343	832	2,860	531
Consolidated Net Income / (Loss)	212	421	52	509	577	408	1,492	398	888	1,923	570
Net Income / (Loss) Continuing Operations	212	421	1,111	509	577	408	532	398	1,183	2,454	599
Total Pre-Tax Income	189	488	-61	568	645	411	1,940	384	1,063	2,605	671
Total Operating Income	492	791	245	900	995	790	2,134	775	1,432	2,752	1,074
Total Gross Profit	1,832	1,742	1,753	1,817	1,910	1,738	1,781	1,806	2,874	2,825	2,116
Total Revenue	4,702	3,706	4,078	4,336	5,201	3,984	3,811	4,543	5,750	5,213	4,103
Operating Revenue	4,702	3,706	4,078	4,336	5,201	3,984	3,811	4,543	5,750	5,213	4,103
Total Cost of Revenue	2,870	1,964	2,325	2,519	3,291	2,246	2,030	2,737	2,876	2,388	1,987
Operating Cost of Revenue	2,870	1,964	2,325	2,519	3,291	2,246	2,030	2,737	2,876	2,388	1,987
Total Operating Expenses	1,340	951	893	917	914	948	908	1,031	1,147	780	1,013
Depreciation Expense	665	664	702	726	710	728	742	826	862	807	834
Other Operating Expenses / (Income)	193	198	191	191	204	184	166	204	197	62	179
Total Other Income / (Expense), net	-303	-303	138	-332	-350	-379	107	-391	-369	1,091	-403
Interest Expense	433	426	-	480	477	468	-	504	488	-	524
Other Income / (Expense), net	130	123	138	148	127	89	107	113	119	99	121
Income Tax Expense	-23	67	-113	59	68	3.00	448	-14	175	682	101
Basic Earnings per Share	$0.40	$0.99	($0.03)	$1.14	$1.33	$0.89	$3.73	$0.89	$2.16	$4.80	$1.38
Weighted Average Basic Shares Outstanding	383M	383M	385M	385M	387M	386M	385M	385M	385M	385M	385M
Diluted Earnings per Share	$0.40	$0.98	($0.03)	$1.13	$1.32	$0.89	$3.72	$0.89	$2.16	$4.78	$1.37
Weighted Average Diluted Shares Outstanding	385M	385M	385M	388M	390M	388M	386M	386M	386M	386M	387M
Weighted Average Basic & Diluted Shares Outstanding	818.46M	819.41M	819.64M	821.06M	822.04M	819.91M	819.65M	819.72M	819.68M	819.68M	819.68M
Cash Dividends to Common per Share	$0.74	-	$0.78	$0.78	$0.78	-	$0.83	$0.83	$0.83	-	$0.88

This table details how cash moves in and out of Edison International's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	29	-54	1,018	-980	-82	19	305	1,923	-385	152	36
Net Cash From Operating Activities	4,509	3,254	3,597	3,177	-307	1,263	11	3,216	3,401	5,014	5,800
Net Cash From Continuing Operating Activities	4,509	3,254	3,597	3,177	-307	1,263	11	3,216	3,401	5,014	5,800
Net Income / (Loss) Continuing Operations	1,082	1,413	668	-350	1,405	871	925	824	1,407	1,546	4,701
Consolidated Net Income / (Loss)	1,117	1,425	668	-316	1,405	871	925	824	1,407	1,546	4,701
Depreciation Expense	1,577	1,919	1,918	1,831	1,803	2,029	2,288	2,510	2,455	2,692	3,114
Amortization Expense	-	-	-	0.00	152	336	215	214	213	146	144
Non-Cash Adjustments To Reconcile Net Income	-286	-254	685	9.00	-2,451	-626	40	-103	-108	-128	-2.00
Changes in Operating Assets and Liabilities, net	2,136	176	326	1,687	-1,216	-1,347	-3,457	-229	-566	758	-2,157
Net Cash From Investing Activities	-3,892	-3,403	-3,586	-4,239	-4,678	-4,971	-5,151	-5,574	-5,233	-5,536	-6,335
Net Cash From Continuing Investing Activities	-3,892	-3,403	-3,586	-4,239	-4,678	-4,971	-5,151	-5,574	-5,233	-5,536	-6,335
Purchase of Property, Plant & Equipment	-4,225	-3,749	-3,844	-4,509	-4,877	-5,484	-5,505	-5,778	-5,448	-5,707	-6,515
Purchase of Investments	-3,132	-3,033	-5,042	-4,231	-4,283	-5,730	-3,705	-4,054	-4,417	-4,898	-6,098
Sale and/or Maturity of Investments	3,506	3,212	5,239	4,340	4,389	5,927	3,961	4,177	4,597	5,019	6,219
Other Investing Activities, net	-41	167	61	161	93	316	98	81	35	50	59
Net Cash From Financing Activities	-588	95	1,007	82	4,903	3,727	5,445	2,881	1,447	674	571
Net Cash From Continuing Financing Activities	-588	95	1,009	82	4,903	3,727	5,445	4,281	1,447	674	571
Repayment of Debt	-1,273	380	-1,285	-2,246	-1,832	-2,225	-3,292	-2,831	-3,666	-2,617	-2,612
Repurchase of Preferred Equity	-325	-125	-475	0.00	0.00	-308	0.00	0.00	-289	-656	-1,664
Repurchase of Common Equity	-	-	-	-	-	-	-	0.00	0.00	-200	-32
Payment of Dividends	-660	-749	-832	-909	-931	-1,046	-1,129	-1,259	-1,337	-1,454	-1,514
Issuance of Debt	1,420	397	3,317	3,237	5,274	6,371	7,812	6,971	6,197	5,256	6,393
Issuance of Preferred Equity	319	294	462	-	0.00	0.00	1,977	0.00	542	345	0.00

This table details how cash moves in and out of Edison International's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	251	83	755	-488	-156	41	1,224	-1,129	118	-177	51
Net Cash From Operating Activities	1,834	855	1,043	329	2,472	1,170	1,224	882	2,122	1,572	1,427
Net Cash From Continuing Operating Activities	1,834	854	1,043	329	2,472	1,170	1,224	882	2,122	1,572	1,427
Net Income / (Loss) Continuing Operations	212	421	52	509	577	408	1,492	398	888	1,923	570
Consolidated Net Income / (Loss)	212	421	52	509	577	408	1,492	398	888	1,923	570
Depreciation Expense	663	687	707	747	729	756	742	826	862	684	834
Amortization Expense	54	54	36	37	36	37	36	36	36	36	35
Non-Cash Adjustments To Reconcile Net Income	-73	-197	-54	-62	-102	-157	-44	-74	92	24	-28
Changes in Operating Assets and Liabilities, net	978	-111	302	-902	1,232	126	-1,002	-304	244	-1,095	16
Net Cash From Investing Activities	-1,244	-1,339	-1,276	-1,394	-1,427	-1,439	-1,374	-1,628	-1,491	-1,842	-1,588
Net Cash From Continuing Investing Activities	-1,244	-1,339	-1,276	-1,394	-1,427	-1,439	-1,374	-1,628	-1,491	-1,842	-1,588
Purchase of Property, Plant & Equipment	-1,280	-1,457	-1,279	-1,421	-1,511	-1,496	-1,408	-1,712	-1,504	-1,891	-1,539
Purchase of Investments	-1,222	-1,288	-1,257	-1,198	-1,033	-1,410	-1,372	-1,208	-1,818	-1,700	-1,993
Sale and/or Maturity of Investments	1,256	1,374	1,258	1,219	1,081	1,461	1,406	1,274	1,822	1,717	1,991
Other Investing Activities, net	2.00	32	2.00	6.00	36	6.00	0.00	18	9.00	32	-47
Net Cash From Financing Activities	-339	567	988	577	-1,201	310	1,374	-383	-513	93	212
Net Cash From Continuing Financing Activities	-339	567	988	577	-1,201	310	1,374	-383	-513	93	212
Repayment of Debt	-615	-1,094	-991	-1,130	-456	-525	-1.00	-725	-1,321	-565	-1,683
Repurchase of Preferred Equity	-	-289	-19	-359	-	-278	0.00	-	-	-1,664	-538
Repurchase of Common Equity	-	-	0.00	-	-	-	-29	-	-3.00	-	-26
Payment of Dividends	-360	-312	-382	-346	-386	-340	-397	-351	-395	-371	-378
Issuance of Debt	597	1,696	2,354	1,976	-434	1,668	1,814	693	1,191	2,695	2,841
Other Financing Activities, net	36	40	26	91	75	-3.00	-13	-	15	-	-4.00

This table presents Edison International's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	50,229	51,319	52,580	56,715	64,382	69,372	74,745	78,041	81,758	85,579	94,026
Total Current Assets	2,654	2,123	3,729	3,359	3,560	5,061	5,491	7,070	6,811	7,155	7,686
Cash & Equivalents	161	96	1,091	144	68	87	390	914	345	193	158
Accounts Receivable	1,336	1,084	929	1,212	1,276	1,651	2,192	2,336	2,758	3,017	2,701
Inventories, net	267	239	242	282	364	405	420	474	527	538	535
Prepaid Expenses	-	103	233	148	214	281	258	248	112	103	119
Other Current Assets	890	600	1,010	1,382	1,520	2,637	2,231	3,098	3,069	3,304	4,173
Plant, Property, & Equipment, net	35,085	37,000	39,050	41,348	44,978	47,839	50,700	53,486	56,084	59,254	63,328
Total Noncurrent Assets	12,490	12,196	9,801	12,071	15,844	16,472	18,554	17,485	18,863	19,170	23,012
Long-Term Investments	203	83	73	4,246	64	53	51	55	54	57	51
Noncurrent Note & Lease Receivables	-	-	-	-	1,715	75	197	465	505	480	397
Other Noncurrent Operating Assets	12,287	12,113	9,728	7,825	14,065	16,344	18,306	16,965	18,304	18,633	22,564
Total Liabilities & Shareholders' Equity	50,229	51,319	52,580	56,715	64,382	69,372	74,745	78,041	81,758	85,579	94,026
Total Liabilities	36,835	37,127	38,695	44,063	48,886	53,423	56,956	60,519	63,814	67,839	74,767
Total Current Liabilities	4,927	5,912	7,068	5,395	5,523	10,277	8,609	10,347	8,598	8,439	10,536
Short-Term Debt	990	2,288	2,874	799	1,029	3,427	3,431	4,629	3,774	3,047	4,318
Accounts Payable	1,310	1,342	1,503	1,511	1,752	1,980	2,002	2,359	1,983	2,000	2,344
Accrued Expenses	-	-	-	-	0.00	2,231	131	121	30	482	1,058
Other Current Liabilities	2,313	1,963	2,387	2,786	2,440	2,396	2,852	3,071	2,421	2,910	2,816
Total Noncurrent Liabilities	31,908	31,215	31,627	38,668	43,363	43,146	48,347	50,172	55,216	59,400	64,231
Long-Term Debt	10,883	10,175	11,642	14,632	17,864	19,632	24,170	27,025	30,316	33,534	36,070
Asset Retirement Reserve & Litigation Obligation	8,440	8,316	11,522	11,360	11,414	11,519	11,753	10,965	12,086	12,739	13,210
Noncurrent Deferred & Payable Income Tax Liabilities	7,480	8,327	4,567	4,576	5,078	5,368	5,740	6,149	6,672	7,180	9,114
Noncurrent Employee Benefit Liabilities	1,759	1,354	943	869	674	563	496	422	415	384	370
Other Noncurrent Operating Liabilities	3,346	3,043	2,953	7,231	8,333	6,064	6,188	5,611	5,727	5,563	5,467
Total Equity & Noncontrolling Interests	13,388	14,187	13,866	12,652	15,496	15,949	17,789	17,522	17,944	17,740	19,259
Total Preferred & Common Equity	14,040	14,844	13,864	12,652	13,303	14,048	15,888	15,621	15,501	15,565	17,579
Preferred Stock	-	-	-	-	-	0.00	1,977	1,978	1,673	1,645	497
Total Common Equity	14,040	14,844	13,864	12,652	13,303	14,048	13,911	13,643	13,828	16,095	18,762
Common Stock	3,136	3,162	2,526	2,545	4,990	5,962	6,071	6,200	6,338	6,353	6,362
Retained Earnings	8,940	9,544	9,188	7,964	8,382	8,155	7,894	7,454	7,499	7,567	10,714
Accumulated Other Comprehensive Income / (Loss)	-56	-53	-43	-50	-69	-69	-54	-11	-9.00	0.00	6.00
Other Equity Adjustments	2,020	2,191	2,193	2,193	-	-	-	-	-	2,175	1,680

This table presents Edison International's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	79,551	80,164	81,758	83,599	84,818	84,749	85,579	88,420	88,813	90,489	94,475
Total Current Assets	7,416	7,235	6,811	7,878	8,512	7,444	7,155	7,427	6,950	7,728	7,176
Cash & Equivalents	195	446	345	992	465	200	193	1,318	140	364	168
Accounts Receivable	2,473	3,292	2,758	2,667	3,027	3,982	3,017	2,669	2,829	3,443	2,599
Inventories, net	511	505	527	519	534	533	538	539	523	524	542
Prepaid Expenses	88	102	112	244	103	104	103	262	96	116	280
Other Current Assets	4,149	2,890	3,069	3,456	4,383	2,625	3,304	2,639	3,362	3,281	3,587
Plant, Property, & Equipment, net	54,326	55,054	56,084	56,688	57,349	58,298	59,254	60,154	60,999	61,788	64,214
Total Noncurrent Assets	17,809	17,875	18,863	19,033	18,957	19,007	19,170	20,839	20,864	20,973	23,085
Long-Term Investments	72	81	54	62	71	50	57	59	63	70	63
Noncurrent Note & Lease Receivables	458	549	505	499	496	386	480	491	426	357	492
Other Noncurrent Operating Assets	17,279	17,245	18,304	18,472	18,390	18,571	18,633	20,289	20,375	20,546	22,530
Total Liabilities & Shareholders' Equity	79,551	80,164	81,758	83,599	84,818	84,749	85,579	88,420	88,813	90,489	94,475
Total Liabilities	61,857	62,593	63,814	65,984	66,950	66,642	67,839	69,623	69,952	71,159	75,591
Total Current Liabilities	8,827	9,027	8,598	7,907	8,274	8,507	8,439	7,769	7,965	9,419	9,700
Short-Term Debt	4,050	3,944	3,774	2,871	3,203	3,116	3,047	3,004	3,399	3,778	4,238
Accounts Payable	1,790	2,108	1,983	1,904	1,892	2,185	2,000	2,156	1,962	2,346	2,413
Accrued Expenses	71	150	30	160	31	39	60	55	169	98	1,060
Other Current Liabilities	2,743	2,650	2,421	2,532	2,705	2,715	2,910	2,059	1,915	2,761	1,989
Total Noncurrent Liabilities	53,030	53,566	55,216	58,077	58,676	58,135	59,400	61,854	61,987	61,740	65,891
Long-Term Debt	29,430	29,532	30,316	32,576	33,099	32,303	33,534	35,387	34,971	34,479	37,311
Asset Retirement Reserve & Litigation Obligation	11,444	11,265	12,086	12,481	12,568	12,841	12,739	12,984	13,615	13,276	13,468
Noncurrent Deferred & Payable Income Tax Liabilities	6,429	6,507	6,672	6,669	6,863	6,967	7,180	7,726	7,884	8,433	9,275
Noncurrent Employee Benefit Liabilities	409	402	415	412	406	403	384	379	371	370	365
Other Noncurrent Operating Liabilities	5,318	5,860	5,727	5,939	5,740	5,621	5,563	5,378	5,146	5,182	5,472
Total Equity & Noncontrolling Interests	17,694	17,571	17,944	17,615	17,868	18,107	17,740	18,797	18,861	19,330	18,884
Total Preferred & Common Equity	15,793	15,670	15,501	15,172	15,424	15,663	15,565	16,622	16,686	17,155	17,320
Preferred Stock	1,978	1,978	1,673	1,654	1,645	1,645	1,645	1,645	1,645	1,645	83
Total Common Equity	13,815	13,692	13,828	13,518	13,779	14,018	13,920	14,977	15,041	15,510	18,801
Common Stock	6,270	6,301	6,338	6,361	6,461	6,538	6,353	6,315	6,330	6,343	6,332
Retained Earnings	7,553	7,399	7,499	7,166	7,326	7,486	7,567	8,662	8,709	9,165	10,899
Accumulated Other Comprehensive Income / (Loss)	-8.00	-8.00	-9.00	-9.00	-8.00	-6.00	0.00	0.00	2.00	2.00	6.00
Other Equity Adjustments	-	-	-	-	-	-	-	-	-	-	1,564

This table displays calculated financial ratios and metrics derived from Edison International's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-14.08%	2.99%	3.80%	2.74%	-2.45%	9.97%	9.77%	15.53%	-5.12%	7.72%	9.76%
EBITDA Growth	-15.78%	10.54%	-14.28%	-57.90%	165.79%	-2.29%	10.02%	8.02%	33.06%	7.52%	72.07%
EBIT Growth	-16.38%	2.26%	-26.85%	-122.36%	654.37%	-25.41%	16.76%	6.83%	70.78%	9.75%	119.43%
NOPAT Growth	-27.78%	32.25%	-44.07%	-137.70%	672.68%	-15.37%	-7.54%	6.60%	32.17%	18.79%	92.01%
Net Income Growth	-35.10%	27.57%	-53.12%	-147.31%	544.62%	-38.01%	6.20%	-10.92%	70.75%	9.88%	204.08%
EPS Growth	-36.61%	28.06%	-56.68%	-175.58%	390.00%	-47.48%	1.01%	-20.00%	94.38%	6.43%	248.94%
Operating Cash Flow Growth	38.82%	-27.83%	10.54%	-11.68%	-109.66%	511.40%	-99.13%	29,136.36%	5.75%	47.43%	15.68%
Free Cash Flow Firm Growth	240.62%	-77.65%	1.70%	1,072.74%	-367.83%	66.96%	-58.84%	67.53%	2.40%	131.21%	-76.79%
Invested Capital Growth	0.91%	6.32%	2.87%	-12.78%	44.20%	13.46%	15.65%	7.25%	7.92%	4.74%	9.93%
Revenue Q/Q Growth	-6.29%	4.80%	2.80%	-1.64%	-0.31%	1.40%	1.18%	4.14%	-1.86%	1.61%	6.79%
EBITDA Q/Q Growth	-9.09%	10.48%	-15.44%	-59.65%	256.96%	12.11%	-3.06%	4.21%	0.87%	0.26%	21.36%
EBIT Q/Q Growth	-10.12%	9.92%	-26.79%	-121.37%	616.54%	51.50%	-8.78%	14.37%	0.68%	-1.01%	35.47%
NOPAT Q/Q Growth	-16.20%	35.98%	-49.66%	-146.34%	671.65%	-61.93%	11.08%	-17.94%	1.18%	4.02%	29.29%
Net Income Q/Q Growth	-30.92%	41.09%	-57.23%	-157.45%	936.31%	77.03%	2.10%	-10.92%	-3.37%	-0.83%	47.55%
EPS Q/Q Growth	-32.61%	45.42%	-60.73%	-191.55%	484.69%	106.25%	-0.50%	-15.79%	-3.12%	-2.65%	50.78%
Operating Cash Flow Q/Q Growth	11.22%	-22.12%	4.26%	0.22%	-444.94%	-20.11%	104.91%	26.66%	-6.82%	6.70%	7.45%
Free Cash Flow Firm Q/Q Growth	118.82%	-75.35%	-27.30%	388.18%	78.85%	-107.99%	4.64%	18.63%	-73.63%	201.98%	-55.37%
Invested Capital Q/Q Growth	-2.70%	2.26%	-1.18%	-14.43%	-48.54%	4.46%	3.74%	1.89%	2.98%	1.42%	3.21%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	62.98%	37.44%	37.36%	35.19%	36.37%	37.10%	38.38%	35.55%	41.09%	41.01%	48.07%
EBITDA Margin	32.11%	34.46%	28.46%	11.66%	31.77%	28.23%	28.29%	26.45%	37.10%	37.03%	55.85%
Operating Margin	17.42%	17.37%	11.82%	-4.36%	14.38%	8.96%	9.91%	8.61%	16.08%	16.65%	36.72%
EBIT Margin	18.42%	18.29%	12.89%	-2.80%	15.94%	10.81%	11.50%	10.63%	19.14%	19.50%	38.99%
Profit (Net Income) Margin	9.69%	12.01%	5.42%	-2.50%	11.38%	6.41%	6.21%	4.79%	8.61%	8.78%	24.34%
Tax Burden Percent	71.24%	89.62%	70.39%	29.02%	124.67%	153.89%	117.24%	124.47%	92.87%	98.91%	78.45%
Interest Burden Percent	73.86%	73.24%	59.76%	306.76%	57.27%	38.56%	46.03%	36.16%	48.45%	45.54%	79.56%
Effective Tax Rate	30.99%	11.13%	29.61%	0.00%	-24.67%	-53.89%	-17.24%	-24.47%	7.13%	1.09%	21.55%
Return on Invested Capital (ROIC)	5.59%	7.13%	3.82%	-1.52%	7.63%	5.12%	4.13%	3.96%	4.87%	5.44%	9.81%
ROIC Less NNEP Spread (ROIC-NNEP)	3.27%	3.71%	1.03%	-0.94%	2.22%	0.32%	0.91%	0.43%	1.68%	1.62%	7.55%
Return on Net Nonoperating Assets (RNNOA)	2.88%	3.20%	0.94%	-0.87%	2.35%	0.42%	1.35%	0.70%	3.07%	3.22%	15.61%
Return on Equity (ROE)	8.47%	10.33%	4.76%	-2.38%	9.98%	5.54%	5.48%	4.67%	7.93%	8.66%	25.41%
Cash Return on Invested Capital (CROIC)	4.68%	1.01%	0.98%	12.14%	-28.57%	-7.49%	-10.38%	-3.03%	-2.75%	0.81%	0.35%
Operating Return on Assets (OROA)	4.25%	4.28%	3.06%	-0.65%	3.25%	2.20%	2.38%	2.40%	3.91%	4.10%	8.39%
Return on Assets (ROA)	2.23%	2.81%	1.29%	-0.58%	2.32%	1.30%	1.28%	1.08%	1.76%	1.85%	5.23%
Return on Common Equity (ROCE)	8.22%	10.82%	4.87%	-2.38%	9.21%	4.82%	4.54%	3.64%	6.15%	6.74%	23.94%
Return on Equity Simple (ROE_SIMPLE)	7.96%	9.60%	4.82%	-2.50%	10.56%	6.20%	5.82%	5.28%	9.08%	9.93%	0.00%
Net Operating Profit after Tax (NOPAT)	1,386	1,832	1,025	-386	2,213	1,873	1,732	1,846	2,440	2,898	5,565
NOPAT Margin	12.02%	15.44%	8.32%	-3.05%	17.92%	13.79%	11.62%	10.72%	14.93%	16.47%	28.81%
Net Nonoperating Expense Percent (NNEP)	2.32%	3.43%	2.78%	-0.58%	5.41%	4.81%	3.22%	3.53%	3.19%	3.82%	2.26%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	3.75%	4.69%	5.34%	9.33%
Cost of Revenue to Revenue	37.02%	62.56%	62.64%	64.81%	63.63%	62.90%	61.62%	64.45%	58.91%	58.99%	51.93%
SG&A Expenses to Revenue	25.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	45.56%	20.07%	25.54%	39.50%	21.99%	28.13%	28.47%	26.93%	25.02%	24.37%	20.20%
Earnings before Interest and Taxes (EBIT)	2,123	2,171	1,588	-355	1,968	1,468	1,714	1,831	3,127	3,432	7,531
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3,700	4,090	3,506	1,476	3,923	3,833	4,217	4,555	6,061	6,517	10,789
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.30	2.72	2.64	2.70	3.68	3.12	3.58	3.50	4.06	4.67	2.58
Price to Tangible Book Value (P/TBV)	2.30	2.72	2.64	2.70	3.68	3.12	3.58	3.50	4.06	4.67	2.58
Price to Revenue (P/Rev)	2.80	3.40	2.97	2.69	3.96	3.22	3.34	2.77	3.43	3.69	2.51
Price to Earnings (P/E)	31.67	30.79	64.67	0.00	38.13	59.25	65.64	77.94	46.87	50.58	10.70
Dividend Yield	4.08%	3.74%	4.65%	5.41%	4.01%	4.78%	4.40%	4.86%	4.37%	3.95%	5.60%
Earnings Yield	3.16%	3.25%	1.55%	0.00%	2.62%	1.69%	1.52%	1.28%	2.13%	1.98%	9.35%
Enterprise Value to Invested Capital (EV/IC)	1.76	1.99	1.83	1.90	2.04	1.77	1.80	1.71	1.81	1.93	1.50
Enterprise Value to Revenue (EV/Rev)	3.80	4.44	4.05	3.57	5.66	5.05	5.42	4.78	5.75	5.97	4.62
Enterprise Value to EBITDA (EV/EBITDA)	11.84	12.87	14.24	30.59	17.82	17.90	19.17	18.06	15.49	16.13	8.26
Enterprise Value to EBIT (EV/EBIT)	20.64	24.25	31.43	0.00	35.52	46.73	47.17	44.93	30.03	30.62	11.84
Enterprise Value to NOPAT (EV/NOPAT)	31.63	28.73	48.70	0.00	31.59	36.63	46.69	44.57	38.49	36.26	16.02
Enterprise Value to Operating Cash Flow (EV/OCF)	9.72	16.18	13.88	14.21	0.00	54.32	7,350.46	25.58	27.61	20.96	15.37
Enterprise Value to Free Cash Flow (EV/FCFF)	37.76	202.92	189.14	14.59	0.00	0.00	0.00	0.00	0.00	244.32	450.79
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.89	0.88	1.05	1.22	1.22	1.45	1.55	1.81	1.90	2.06	2.10
Long-Term Debt to Equity	0.81	0.72	0.84	1.16	1.15	1.23	1.36	1.54	1.69	1.89	1.87
Financial Leverage	0.88	0.86	0.91	0.92	1.06	1.33	1.48	1.64	1.83	1.99	2.07
Leverage Ratio	3.79	3.68	3.70	4.12	4.30	4.25	4.27	4.33	4.51	4.69	4.85
Compound Leverage Factor	2.80	2.70	2.21	12.63	2.46	1.64	1.97	1.56	2.18	2.14	3.86
Debt to Total Capital	46.99%	46.76%	51.11%	54.95%	54.94%	59.11%	60.81%	64.37%	65.51%	67.34%	67.71%
Short-Term Debt to Total Capital	3.92%	8.58%	10.12%	2.85%	2.99%	8.79%	7.56%	9.41%	7.25%	5.61%	7.24%
Long-Term Debt to Total Capital	43.07%	38.17%	40.99%	52.10%	51.95%	50.33%	53.25%	54.96%	58.26%	61.73%	60.47%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.36%	4.02%	3.22%	3.03%	0.83%
Noncontrolling Interests to Total Capital	0.02%	0.02%	0.07%	0.00%	6.38%	4.87%	4.19%	3.87%	4.70%	4.00%	0.00%
Common Equity to Total Capital	55.57%	55.69%	48.82%	45.05%	38.68%	36.01%	30.65%	27.74%	26.57%	25.63%	31.46%
Debt to EBITDA	3.21	3.05	4.14	10.45	4.82	6.02	6.55	6.95	5.62	5.61	3.74
Net Debt to EBITDA	3.11	3.00	3.81	7.48	4.78	5.98	6.44	6.74	5.56	5.57	3.72
Long-Term Debt to EBITDA	2.94	2.49	3.32	9.91	4.55	5.12	5.73	5.93	5.00	5.15	3.34
Debt to NOPAT	8.57	6.80	14.16	-39.94	8.54	12.31	15.94	17.15	13.97	12.62	7.26
Net Debt to NOPAT	8.31	6.70	13.03	-28.57	8.48	12.24	15.69	16.62	13.81	12.54	7.22
Long-Term Debt to NOPAT	7.85	5.55	11.36	-37.87	8.07	10.48	13.96	14.64	12.43	11.57	6.48
Altman Z-Score	1.09	1.19	1.07	0.82	1.04	0.83	0.90	0.85	0.96	1.02	0.98
Noncontrolling Interest Sharing Ratio	2.90%	-4.71%	-2.25%	0.08%	7.79%	13.02%	17.13%	21.97%	22.54%	22.24%	5.79%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.54	0.36	0.53	0.62	0.64	0.49	0.64	0.68	0.79	0.85	0.73
Quick Ratio	0.30	0.20	0.29	0.25	0.24	0.17	0.30	0.31	0.36	0.38	0.27
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,161	259	264	3,095	-8,288	-2,738	-4,349	-1,412	-1,378	430	198
Operating Cash Flow to CapEx	106.72%	86.80%	93.57%	70.46%	-6.29%	23.03%	0.20%	55.66%	62.43%	87.86%	89.03%
Free Cash Flow to Firm to Interest Expense	2.09	0.45	0.41	4.22	-9.86	-3.04	-4.70	-1.21	-0.86	0.23	0.00
Operating Cash Flow to Interest Expense	8.12	5.60	5.63	4.33	-0.37	1.40	0.01	2.75	2.11	2.68	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.51	-0.85	-0.39	-1.81	-6.16	-4.68	-5.94	-2.19	-1.27	-0.37	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.23	0.23	0.24	0.23	0.20	0.20	0.21	0.23	0.20	0.21	0.22
Accounts Receivable Turnover	8.36	9.81	12.24	11.82	9.93	9.28	7.76	7.61	6.41	6.09	6.76
Inventory Turnover	15.57	29.35	32.09	31.31	24.33	22.21	22.27	24.83	19.23	19.49	18.70
Fixed Asset Turnover	0.34	0.33	0.32	0.31	0.29	0.29	0.30	0.33	0.30	0.31	0.32
Accounts Payable Turnover	2.95	5.60	5.43	5.44	4.82	4.58	4.61	5.09	4.43	5.21	4.62
Days Sales Outstanding (DSO)	43.68	37.21	29.82	30.87	36.77	39.34	47.05	47.99	56.90	59.89	54.02
Days Inventory Outstanding (DIO)	23.44	12.44	11.38	11.66	15.01	16.43	16.39	14.70	18.98	18.72	19.52
Days Payable Outstanding (DPO)	123.63	65.18	67.28	67.06	75.79	79.74	79.12	71.71	82.34	70.02	79.03
Cash Conversion Cycle (CCC)	-56.51	-15.54	-26.09	-24.53	-24.01	-23.97	-15.67	-9.02	-6.45	8.59	-5.49
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	24,903	26,476	27,237	23,756	34,257	38,868	44,949	48,207	52,025	54,493	59,438
Invested Capital Turnover	0.46	0.46	0.46	0.50	0.43	0.37	0.36	0.37	0.33	0.33	0.34
Increase / (Decrease) in Invested Capital	225	1,573	761	-3,481	10,501	4,611	6,081	3,258	3,818	2,468	5,367
Enterprise Value (EV)	43,823	52,650	49,909	45,147	69,909	68,604	80,855	82,264	93,910	105,090	89,159
Market Capitalization	32,308	40,361	36,536	34,106	48,955	43,784	49,817	47,700	56,103	64,939	48,483
Book Value per Share	$18.46	$19.51	$18.23	$16.63	$16.77	$17.27	$17.07	$16.70	$16.90	$16.93	$22.89
Tangible Book Value per Share	$18.46	$19.51	$18.23	$16.63	$16.77	$17.27	$17.07	$16.70	$16.90	$16.93	$22.89
Total Capital	25,267	26,655	28,401	28,083	34,389	39,008	45,390	49,176	52,034	54,321	59,647
Total Debt	11,873	12,463	14,516	15,431	18,893	23,059	27,601	31,654	34,090	36,581	40,388
Total Long-Term Debt	10,883	10,175	11,642	14,632	17,864	19,632	24,170	27,025	30,316	33,534	36,070
Net Debt	11,509	12,284	13,352	11,041	18,761	22,919	27,160	30,685	33,691	36,331	40,179
Capital Expenditures (CapEx)	4,225	3,749	3,844	4,509	4,877	5,484	5,505	5,778	5,448	5,707	6,515
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,444	-1,597	-1,556	-1,381	-1,002	-1,876	-77	438	1,642	1,570	1,310
Debt-free Net Working Capital (DFNWC)	-1,283	-1,501	-465	-1,237	-934	-1,789	313	1,352	1,987	1,763	1,468
Net Working Capital (NWC)	-2,273	-3,789	-3,339	-2,036	-1,963	-5,216	-3,118	-3,277	-1,787	-1,284	-2,850
Net Nonoperating Expense (NNE)	269	407	357	-70	808	1,002	807	1,022	1,033	1,352	864
Net Nonoperating Obligations (NNO)	11,509	12,284	13,352	11,104	18,761	22,919	27,160	30,685	34,081	36,753	40,179
Total Depreciation and Amortization (D&A)	1,577	1,919	1,918	1,831	1,955	2,365	2,503	2,724	2,934	3,085	3,258
Debt-free, Cash-free Net Working Capital to Revenue	-12.53%	-13.46%	-12.63%	-10.91%	-8.12%	-13.82%	-0.52%	2.54%	10.05%	8.92%	6.78%
Debt-free Net Working Capital to Revenue	-11.13%	-12.65%	-3.77%	-9.77%	-7.56%	-13.18%	2.10%	7.85%	12.16%	10.02%	7.60%
Net Working Capital to Revenue	-19.72%	-31.92%	-27.10%	-16.09%	-15.90%	-38.42%	-20.92%	-19.03%	-10.94%	-7.30%	-14.75%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.13	$4.02	$1.73	($1.30)	$3.78	$1.98	$2.00	$1.61	$3.12	$3.33	$11.58
Adjusted Weighted Average Basic Shares Outstanding	326M	326M	326M	326M	340M	373M	380M	381M	383M	386M	385M
Adjusted Diluted Earnings per Share	$3.10	$3.97	$1.72	($1.30)	$3.77	$1.98	$2.00	$1.60	$3.11	$3.31	$11.55
Adjusted Weighted Average Diluted Shares Outstanding	329M	330M	328M	326M	341M	374M	380M	383M	385M	388M	386M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$3.78	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	326M	326M	326M	760.70M	340M	814.17M	815.59M	817.45M	819.41M	819.91M	819.68M
Normalized Net Operating Profit after Tax (NOPAT)	1,389	1,851	1,544	1,537	1,418	1,782	1,927	1,957	3,059	3,543	5,565
Normalized NOPAT Margin	12.05%	15.60%	12.54%	12.14%	11.48%	13.12%	12.93%	11.37%	18.72%	20.13%	28.81%
Pre Tax Income Margin	13.61%	13.40%	7.70%	-8.60%	9.13%	4.17%	5.29%	3.84%	9.27%	8.88%	31.02%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.83	3.74	2.49	-0.48	2.34	1.63	1.85	1.57	1.94	1.84	0.00
NOPAT to Interest Expense	2.50	3.15	1.60	-0.53	2.63	2.08	1.87	1.58	1.51	1.55	0.00
EBIT Less CapEx to Interest Expense	-3.79	-2.72	-3.53	-6.63	-3.46	-4.45	-4.10	-3.38	-1.44	-1.22	0.00
NOPAT Less CapEx to Interest Expense	-5.12	-3.30	-4.41	-6.67	-3.17	-4.00	-4.08	-3.36	-1.87	-1.50	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	59.09%	52.56%	124.55%	-287.66%	66.26%	120.09%	122.05%	152.79%	95.02%	94.05%	32.21%
Augmented Payout Ratio	59.09%	52.56%	124.55%	-287.66%	66.26%	120.09%	122.05%	152.79%	95.02%	106.99%	32.89%

This table displays calculated financial ratios and metrics derived from Edison International's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	819,679,031.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	819,679,031.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.65
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-10.06%	-7.72%	2.82%	9.38%	10.61%	7.50%	-6.55%	4.77%	10.56%	30.85%	7.66%
EBITDA Growth	56.43%	11.82%	-23.24%	14.50%	40.93%	1.03%	168.12%	-4.48%	29.78%	150.60%	-31.63%
EBIT Growth	1,417.07%	2.35%	-48.17%	23.00%	80.39%	-3.83%	485.12%	-15.27%	38.24%	224.35%	-46.68%
NOPAT Growth	1,891.80%	3.19%	-71.35%	25.29%	61.29%	14.92%	856.97%	-0.40%	34.40%	159.04%	-44.41%
Net Income Growth	386.49%	-10.43%	-85.75%	24.45%	172.17%	-3.09%	2,769.23%	-21.81%	53.90%	371.32%	-61.80%
EPS Growth	221.21%	-9.26%	-103.70%	22.83%	230.00%	-9.18%	12,500.00%	-21.24%	63.64%	437.08%	-63.17%
Operating Cash Flow Growth	109.84%	-22.55%	1,258.89%	-58.98%	34.79%	36.84%	17.35%	168.09%	-14.16%	34.36%	16.59%
Free Cash Flow Firm Growth	33.93%	-20.75%	39.90%	31.80%	12.64%	46.30%	4.72%	-12.87%	-14.96%	-164.35%	-34.59%
Invested Capital Growth	6.77%	7.92%	5.00%	6.23%	6.35%	4.74%	7.36%	6.42%	7.19%	9.93%	6.92%
Revenue Q/Q Growth	18.62%	-21.18%	10.04%	6.33%	19.95%	-23.40%	-4.34%	19.21%	26.57%	-9.34%	-21.29%
EBITDA Q/Q Growth	-16.31%	23.60%	-31.96%	62.70%	3.00%	-11.39%	80.56%	-42.03%	39.94%	45.81%	-42.20%
EBIT Q/Q Growth	-27.00%	46.95%	-58.10%	173.63%	7.06%	-21.66%	154.95%	-60.37%	74.66%	83.82%	-58.08%
NOPAT Q/Q Growth	-14.27%	23.65%	-74.87%	370.27%	10.36%	-11.89%	109.27%	-51.06%	48.93%	69.82%	-55.09%
Net Income Q/Q Growth	-48.17%	98.58%	-87.65%	878.85%	13.36%	-29.29%	265.69%	-73.32%	123.12%	116.55%	-70.36%
EPS Q/Q Growth	-56.52%	145.00%	-103.06%	3,866.67%	16.81%	-32.58%	317.98%	-76.08%	142.70%	121.30%	-71.34%
Operating Cash Flow Q/Q Growth	128.68%	-53.38%	21.99%	-68.46%	651.37%	-52.67%	4.62%	-27.94%	140.59%	-25.92%	-9.22%
Free Cash Flow Firm Q/Q Growth	23.44%	-18.19%	25.80%	-1.59%	1.93%	27.36%	-31.66%	-20.34%	0.11%	-25.17%	10.55%
Invested Capital Q/Q Growth	-0.76%	2.98%	0.81%	3.11%	-0.65%	1.42%	3.33%	2.21%	0.07%	3.21%	1.29%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	38.96%	47.00%	42.99%	41.91%	36.72%	43.62%	46.73%	39.75%	49.98%	54.19%	51.57%
EBITDA Margin	28.48%	44.66%	27.61%	42.25%	36.28%	41.97%	79.22%	38.52%	42.59%	68.50%	50.30%
Operating Margin	10.46%	21.34%	6.01%	20.76%	19.13%	19.83%	56.00%	17.06%	24.90%	52.79%	26.18%
EBIT Margin	13.23%	24.66%	9.39%	24.17%	21.57%	22.06%	58.80%	19.55%	26.97%	54.69%	29.13%
Profit (Net Income) Margin	4.51%	11.36%	1.28%	11.74%	11.09%	10.24%	39.15%	8.76%	15.44%	36.89%	13.89%
Tax Burden Percent	112.17%	86.27%	-85.25%	89.61%	89.46%	99.27%	76.91%	103.65%	83.54%	73.82%	84.95%
Interest Burden Percent	30.39%	53.39%	-15.93%	54.20%	57.49%	46.76%	86.57%	43.24%	68.54%	91.37%	56.15%
Effective Tax Rate	-12.17%	13.73%	0.00%	10.39%	10.54%	0.73%	23.09%	-3.65%	16.46%	26.18%	15.05%
Return on Invested Capital (ROIC)	3.99%	6.00%	1.35%	5.96%	5.69%	6.50%	13.73%	5.56%	6.76%	13.26%	7.48%
ROIC Less NNEP Spread (ROIC-NNEP)	2.92%	5.20%	1.00%	5.10%	4.77%	5.44%	13.31%	4.47%	5.93%	12.98%	6.62%
Return on Net Nonoperating Assets (RNNOA)	5.27%	9.49%	1.90%	9.96%	9.17%	10.80%	26.45%	9.12%	11.70%	26.84%	13.84%
Return on Equity (ROE)	9.26%	15.49%	3.26%	15.92%	14.86%	17.31%	40.18%	14.68%	18.46%	40.11%	21.33%
Cash Return on Invested Capital (CROIC)	-1.62%	-2.75%	-0.41%	-1.37%	-0.81%	0.81%	0.33%	0.93%	0.80%	0.35%	1.60%
Operating Return on Assets (OROA)	2.81%	5.04%	1.90%	4.95%	4.53%	4.64%	11.85%	3.95%	5.57%	11.76%	6.25%
Return on Assets (ROA)	0.96%	2.32%	0.26%	2.40%	2.33%	2.15%	7.89%	1.77%	3.19%	7.93%	2.98%
Return on Common Equity (ROCE)	7.20%	12.00%	2.52%	12.36%	11.54%	13.46%	31.44%	11.52%	14.56%	37.78%	19.12%
Return on Equity Simple (ROE_SIMPLE)	9.29%	0.00%	7.21%	7.74%	9.95%	0.00%	17.96%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	552	682	172	807	890	784	1,641	803	1,196	2,032	912
NOPAT Margin	11.74%	18.41%	4.21%	18.60%	17.11%	19.68%	43.06%	17.68%	20.80%	38.97%	22.24%
Net Nonoperating Expense Percent (NNEP)	1.08%	0.81%	0.36%	0.86%	0.91%	1.06%	0.41%	1.08%	0.83%	0.28%	0.87%
Return On Investment Capital (ROIC_SIMPLE)	-	1.31%	-	-	-	1.44%	2.87%	1.40%	2.08%	3.41%	1.51%
Cost of Revenue to Revenue	61.04%	53.00%	57.01%	58.10%	63.28%	56.38%	53.27%	60.25%	50.02%	45.81%	48.43%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	28.50%	25.66%	36.98%	21.15%	17.59%	23.80%	24.77%	22.69%	19.95%	14.96%	24.69%
Earnings before Interest and Taxes (EBIT)	622	914	383	1,048	1,122	879	2,241	888	1,551	2,851	1,195
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,339	1,655	1,126	1,832	1,887	1,672	3,019	1,750	2,449	3,571	2,064
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.63	4.06	4.24	4.23	5.05	4.67	3.18	2.77	2.88	2.58	3.15
Price to Tangible Book Value (P/TBV)	3.63	4.06	4.24	4.23	5.05	4.67	3.18	2.77	2.88	2.58	3.15
Price to Revenue (P/Rev)	2.98	3.43	3.48	3.46	4.09	3.69	2.75	2.37	2.47	2.51	3.02
Price to Earnings (P/E)	40.22	46.87	65.37	60.59	53.60	50.58	71.12	72.65	50.20	10.70	13.08
Dividend Yield	4.86%	4.37%	4.34%	4.27%	3.57%	3.95%	5.46%	6.33%	5.99%	5.60%	4.65%
Earnings Yield	2.49%	2.13%	1.53%	1.65%	1.87%	1.98%	1.41%	1.38%	1.99%	9.35%	7.64%
Enterprise Value to Invested Capital (EV/IC)	1.71	1.81	1.83	1.81	2.05	1.93	1.57	1.45	1.50	1.50	1.67
Enterprise Value to Revenue (EV/Rev)	5.19	5.75	5.82	5.83	6.36	5.97	5.10	4.77	4.77	4.62	5.13
Enterprise Value to EBITDA (EV/EBITDA)	14.39	15.49	16.74	16.48	16.94	16.13	10.51	10.04	9.70	8.26	10.24
Enterprise Value to EBIT (EV/EBIT)	27.84	30.03	34.56	33.06	31.76	30.62	16.71	16.30	15.52	11.84	15.52
Enterprise Value to NOPAT (EV/NOPAT)	35.86	38.49	41.82	40.06	39.52	36.26	21.90	20.94	20.04	16.02	20.85
Enterprise Value to Operating Cash Flow (EV/OCF)	23.69	27.61	21.12	24.15	23.43	20.96	17.02	14.55	15.98	15.37	16.77
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	244.32	492.64	160.28	194.66	450.79	108.11
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.91	1.90	2.01	2.03	1.96	2.06	2.04	2.03	1.98	2.10	2.20
Long-Term Debt to Equity	1.68	1.69	1.85	1.85	1.78	1.89	1.88	1.85	1.78	1.87	1.98
Financial Leverage	1.81	1.83	1.91	1.95	1.92	1.99	1.99	2.04	1.97	2.07	2.09
Leverage Ratio	4.50	4.51	4.62	4.62	4.62	4.69	4.72	4.73	4.68	4.85	4.85
Compound Leverage Factor	1.37	2.41	-0.74	2.51	2.66	2.19	4.09	2.04	3.21	4.44	2.73
Debt to Total Capital	65.58%	65.51%	66.80%	67.02%	66.17%	67.34%	67.13%	67.04%	66.43%	67.71%	68.75%
Short-Term Debt to Total Capital	7.73%	7.25%	5.41%	5.91%	5.82%	5.61%	5.25%	5.94%	6.56%	7.24%	7.01%
Long-Term Debt to Total Capital	57.85%	58.26%	61.39%	61.10%	60.35%	61.73%	61.88%	61.11%	59.87%	60.47%	61.74%
Preferred Equity to Total Capital	3.87%	3.22%	3.12%	3.04%	3.07%	3.03%	2.88%	2.87%	2.86%	0.83%	0.14%
Noncontrolling Interests to Total Capital	3.72%	4.70%	4.60%	4.51%	4.57%	4.00%	3.80%	3.80%	3.78%	0.00%	0.00%
Common Equity to Total Capital	26.82%	26.57%	25.48%	25.44%	26.19%	25.63%	26.19%	26.28%	26.93%	31.46%	31.11%
Debt to EBITDA	5.57	5.62	6.20	6.10	5.45	5.61	4.56	4.61	4.30	3.74	4.23
Net Debt to EBITDA	5.48	5.56	6.01	6.01	5.41	5.57	4.40	4.58	4.25	3.72	4.20
Long-Term Debt to EBITDA	4.91	5.00	5.70	5.56	4.97	5.15	4.21	4.20	3.88	3.34	3.79
Debt to NOPAT	13.88	13.97	15.48	14.83	12.71	12.62	9.51	9.61	8.89	7.26	8.61
Net Debt to NOPAT	13.66	13.81	15.02	14.61	12.62	12.54	9.17	9.56	8.79	7.22	8.56
Long-Term Debt to NOPAT	12.25	12.43	14.23	13.52	11.59	11.57	8.76	8.76	8.01	6.48	7.73
Altman Z-Score	0.81	0.87	0.85	0.89	0.99	0.92	0.82	0.71	0.75	0.82	0.85
Noncontrolling Interest Sharing Ratio	22.25%	22.54%	22.68%	22.41%	22.33%	22.24%	21.74%	21.53%	21.13%	5.79%	10.36%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.80	0.79	1.00	1.03	0.88	0.85	0.96	0.87	0.82	0.73	0.74
Quick Ratio	0.41	0.36	0.46	0.42	0.49	0.38	0.51	0.37	0.40	0.27	0.29
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2,653	-3,136	-2,327	-2,363	-2,318	-1,684	-2,217	-2,668	-2,665	-3,335	-2,984
Operating Cash Flow to CapEx	143.28%	58.68%	81.55%	23.15%	163.60%	78.21%	86.93%	51.52%	141.09%	83.13%	92.72%
Free Cash Flow to Firm to Interest Expense	-6.13	-7.36	-5.24	-4.92	-4.86	-3.60	0.00	-5.29	-5.46	0.00	-5.69
Operating Cash Flow to Interest Expense	4.24	2.01	2.35	0.69	5.18	2.50	0.00	1.75	4.35	0.00	2.72
Operating Cash Flow Less CapEx to Interest Expense	1.28	-1.41	-0.53	-2.28	2.01	-0.70	0.00	-1.65	1.27	0.00	-0.21
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.21	0.20	0.20	0.20	0.21	0.21	0.20	0.20	0.21	0.22	0.21
Accounts Receivable Turnover	4.86	6.41	6.74	6.12	4.76	6.09	6.50	5.99	4.87	6.76	7.44
Inventory Turnover	21.41	19.23	18.74	18.52	19.46	19.49	19.07	19.50	18.71	18.70	18.48
Fixed Asset Turnover	0.31	0.30	0.30	0.30	0.31	0.31	0.30	0.30	0.30	0.32	0.32
Accounts Payable Turnover	4.54	4.43	5.16	5.26	4.70	5.21	4.97	5.35	4.37	4.62	4.37
Days Sales Outstanding (DSO)	75.08	56.90	54.18	59.67	76.64	59.89	56.19	60.93	74.92	54.02	49.03
Days Inventory Outstanding (DIO)	17.05	18.98	19.48	19.71	18.76	18.72	19.14	18.72	19.51	19.52	19.75
Days Payable Outstanding (DPO)	80.47	82.34	70.71	69.43	77.58	70.02	73.46	68.26	83.62	79.03	83.48
Cash Conversion Cycle (CCC)	11.66	-6.45	2.95	9.94	17.82	8.59	1.87	11.39	10.80	-5.49	-14.70
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	50,520	52,025	52,448	54,077	53,728	54,493	56,306	57,548	57,589	59,438	60,202
Invested Capital Turnover	0.34	0.33	0.32	0.32	0.33	0.33	0.32	0.31	0.33	0.34	0.34
Increase / (Decrease) in Invested Capital	3,205	3,818	2,498	3,170	3,208	2,468	3,858	3,471	3,861	5,367	3,896
Enterprise Value (EV)	86,464	93,910	95,756	98,079	110,117	105,090	88,413	83,615	86,273	89,159	100,670
Market Capitalization	49,636	56,103	57,266	58,224	70,859	64,939	47,579	41,628	44,630	48,483	59,269
Book Value per Share	$16.73	$16.90	$35.11	$16.81	$17.07	$16.93	$18.27	$18.35	$18.92	$22.89	$22.94
Tangible Book Value per Share	$16.73	$16.90	$35.11	$16.81	$17.07	$16.93	$18.27	$18.35	$18.92	$22.89	$22.94
Total Capital	51,047	52,034	53,062	54,170	53,526	54,321	57,188	57,231	57,587	59,647	60,433
Total Debt	33,476	34,090	35,447	36,302	35,419	36,581	38,391	38,370	38,257	40,388	41,549
Total Long-Term Debt	29,532	30,316	32,576	33,099	32,303	33,534	35,387	34,971	34,479	36,070	37,311
Net Debt	32,949	33,691	34,393	35,766	35,169	36,331	37,014	38,167	37,823	40,179	41,318
Capital Expenditures (CapEx)	1,280	1,457	1,279	1,421	1,511	1,496	1,408	1,712	1,504	1,891	1,539
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,706	1,642	1,850	2,976	1,853	1,570	1,344	2,244	1,723	1,310	1,546
Debt-free Net Working Capital (DFNWC)	2,152	1,987	2,842	3,441	2,053	1,763	2,662	2,384	2,087	1,468	1,714
Net Working Capital (NWC)	-1,792	-1,787	-29	238	-1,063	-1,284	-342	-1,015	-1,691	-2,850	-2,524
Net Nonoperating Expense (NNE)	340	261	120	298	313	376	149	405	308	109	342
Net Nonoperating Obligations (NNO)	32,949	34,081	34,833	36,209	35,621	36,753	37,509	38,687	38,259	40,179	41,318
Total Depreciation and Amortization (D&A)	717	741	743	784	765	793	778	862	898	720	869
Debt-free, Cash-free Net Working Capital to Revenue	10.25%	10.05%	11.25%	17.69%	10.70%	8.92%	7.75%	12.79%	9.53%	6.78%	7.88%
Debt-free Net Working Capital to Revenue	12.93%	12.16%	17.28%	20.46%	11.85%	10.02%	15.36%	13.59%	11.54%	7.60%	8.74%
Net Working Capital to Revenue	-10.76%	-10.94%	-0.18%	1.41%	-6.14%	-7.30%	-1.97%	-5.79%	-9.35%	-14.75%	-12.87%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.40	$0.99	($0.03)	$1.14	$1.33	$0.89	$3.73	$0.89	$2.16	$4.80	$1.38
Adjusted Weighted Average Basic Shares Outstanding	383M	383M	385M	385M	387M	386M	385M	385M	385M	385M	385M
Adjusted Diluted Earnings per Share	$0.40	$0.98	($0.03)	$1.13	$1.32	$0.89	$3.72	$0.89	$2.16	$4.78	$1.37
Adjusted Weighted Average Diluted Shares Outstanding	385M	385M	385M	388M	390M	388M	386M	386M	386M	386M	387M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	818.46M	819.41M	819.64M	821.06M	822.04M	819.91M	819.65M	819.72M	819.68M	819.68M	819.68M
Normalized Net Operating Profit after Tax (NOPAT)	682	759	602	807	891	820	1,641	543	1,270	2,032	912
Normalized NOPAT Margin	14.50%	20.49%	14.76%	18.60%	17.13%	20.58%	43.06%	11.94%	22.08%	38.97%	22.24%
Pre Tax Income Margin	4.02%	13.17%	-1.50%	13.10%	12.40%	10.32%	50.91%	8.45%	18.49%	49.97%	16.35%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.44	2.15	0.86	2.18	2.35	1.88	0.00	1.76	3.18	0.00	2.28
NOPAT to Interest Expense	1.27	1.60	0.39	1.68	1.87	1.68	0.00	1.59	2.45	0.00	1.74
EBIT Less CapEx to Interest Expense	-1.52	-1.27	-2.02	-0.78	-0.82	-1.32	0.00	-1.63	0.10	0.00	-0.66
NOPAT Less CapEx to Interest Expense	-1.68	-1.82	-2.49	-1.28	-1.30	-1.52	0.00	-1.80	-0.63	0.00	-1.20
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	90.32%	95.02%	124.41%	117.25%	91.47%	94.05%	49.20%	51.27%	46.55%	32.21%	39.56%
Augmented Payout Ratio	90.32%	95.02%	124.41%	117.25%	91.47%	106.99%	56.87%	59.23%	53.83%	32.89%	40.33%

Financials Breakdown Chart

Key Financial Trends

Edison International (NYSE: EIX) shows several notable trends across its latest quarterly data. Below are the top takeaways drawn from the last four years of quarterly income statements, balance sheets, and cash flow statements, focusing on revenue, margins, earnings, cash flow, leverage, and liquidity.

Revenue trend in 2025: Operating revenue climbs through 2025, ending Q4 2025 at about $5.21B versus roughly $3.81B in Q1 2025, signaling an improving top line over the year.
Gross margin expansion in Q4 2025: Total Gross Profit of about $2.83B on $5.21B in revenue yields a gross margin around 54%, an improvement versus mid‑40s margins in some earlier 2025 quarters.
Strong Q4 2025 earnings per share: Diluted EPS for Q4 2025 is about $4.78, with Net Income attributable to common shareholders around $2.86B, a notable quarter‑level earnings surge.
Solid operating cash flow in Q4 2025: Net cash from continuing operating activities is roughly $1.57B, indicating robust cash generation from core operations into year‑end.
Sustained asset base investment: Quarterly capital expenditures (purchase of PP&E) run at roughly $1.4B–$1.9B, supporting a large, mature utility asset base for rate‑base growth.
Large, stable asset base (PPE and long‑term assets): Consistently high totals for PPE and long‑term assets (e.g., PPE around $59B–$62B in recent quarters) reflect Edison’s substantial regulated utility footprint.
Volatility and seasonality in quarterly results: Quarterly revenue, gross profit, and net income can swing meaningfully from quarter to quarter, consistent with a regulated utility with seasonal demand and regulatory timing.
Asset and liability scale; liquidity watch required: Total assets remain large (tens of billions) with substantial current and noncurrent liabilities, suggesting ongoing liquidity and balance‑sheet discipline will matter for near‑term flexibility.
One‑time/exceptional items and occasional impairment: Some quarters show impairment charges or other non‑recurring items (e.g., a noted impairment expense in a quarter), which can temporarily distort operating income and margins.
High leverage: Total liabilities around $60B–$70B-plus and equity around $18B–$20B yield a leverage pattern (debt vs. equity) that remains elevated for a large utility, potentially constraining flexibility and increasing financing risk.
Working capital pressure in several periods: In several balance sheets, total current liabilities exceed current assets (current ratio under 1 in some quarters), signaling near‑term liquidity pressure without ongoing financing support.

05/14/26 09:30 AM ETAI Generated. May Contain Errors.

Edison International Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Edison International's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Edison International's net income appears to be on an upward trend, with a most recent value of $4.70 billion in 2025, rising from $1.12 billion in 2015. The previous period was $1.55 billion in 2024. See Edison International's forecast for analyst expectations on what's next for the company.

Edison International's total operating income in 2025 was $7.09 billion, based on the following breakdown:

Total Gross Profit: $9.29 billion
Total Operating Expenses: $3.90 billion

Over the last 10 years, Edison International's total revenue changed from $11.52 billion in 2015 to $19.32 billion in 2025, a change of 67.6%.

Edison International's total liabilities were at $74.77 billion at the end of 2025, a 10.2% increase from 2024, and a 103.0% increase since 2015.

In the past 10 years, Edison International's cash and equivalents has ranged from $68 million in 2019 to $1.09 billion in 2017, and is currently $158 million as of their latest financial filing in 2025.

Over the last 10 years, Edison International's book value per share changed from 18.46 in 2015 to 22.89 in 2025, a change of 24.0%.

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Financial statements for NYSE:EIX last updated on 5/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Edison International (EIX) Financials

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Edison International (EIX) Financials

Annual Income Statements for Edison International

Quarterly Income Statements for Edison International

Annual Cash Flow Statements for Edison International

Quarterly Cash Flow Statements for Edison International

Annual Balance Sheets for Edison International

Quarterly Balance Sheets for Edison International

Annual Metrics And Ratios for Edison International

Quarterly Metrics And Ratios for Edison International

Financials Breakdown Chart

Key Financial Trends

Edison International Financials - Frequently Asked Questions

When does Edison International's fiscal year end?

How has Edison International's net income changed over the last 10 years?

What is Edison International's operating income?

How has Edison International's revenue changed over the last 10 years?

How much debt does Edison International have?

How much cash does Edison International have?

How has Edison International's book value per share changed over the last 10 years?

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