Edison International (EIX)
Market Price (7/8/2026): $75.72 | Market Cap: $29.2 BilInvestor Relations Sector: Utilities | Industry: Electric Utilities
Edison International (EIX)
Market Price (7/8/2026): $75.72Market Cap: $29.2 BilSector: UtilitiesIndustry: Electric Utilities
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 17%, Dividend Yield is 4.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 13% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 31%, CFO LTM is 6.0 Bil Stock buyback supportStock Buyback 3Y Total is 3.4 Bil Low stock price volatilityVol 12M is 24% Megatrend and thematic driversMegatrends include Renewable Energy Transition, Smart Grids & Grid Modernization, and Electrification of Everything. Themes include Battery Storage & Grid Modernization, Show more. | Trading close to highsDist 52W High is 0.0% Weak multi-year price returns2Y Excs Rtn is -18%, 3Y Excs Rtn is -41% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 146% Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.3% Key risksEIX key risks include [1] substantial financial liabilities from catastrophic wildfires linked to its equipment, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 17%, Dividend Yield is 4.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 13% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 31%, CFO LTM is 6.0 Bil |
| Stock buyback supportStock Buyback 3Y Total is 3.4 Bil |
| Low stock price volatilityVol 12M is 24% |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, Smart Grids & Grid Modernization, and Electrification of Everything. Themes include Battery Storage & Grid Modernization, Show more. |
| Trading close to highsDist 52W High is 0.0% |
| Weak multi-year price returns2Y Excs Rtn is -18%, 3Y Excs Rtn is -41% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 146% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.3% |
| Key risksEIX key risks include [1] substantial financial liabilities from catastrophic wildfires linked to its equipment, Show more. |
Qualitative Assessment
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Edison International (EIX) stock has gained about 5% since 3/31/2026 because of the following key factors:
1. Strong Fiscal Q1 2026 Earnings and Reaffirmed Guidance. Edison International reported core earnings per share (EPS) of $1.42 in fiscal Q1 2026 (ended March 31, 2026), surpassing analysts' consensus estimate of $1.32 by 8.40%. The company also reaffirmed its full-year 2026 core EPS guidance in the range of $5.90 to $6.20, providing investors with a clear outlook and contributing to stock stability.
2. Consistent Dividend Payouts. The company declared a quarterly common stock dividend of $0.8775 per share on June 24, 2026, payable on July 31, 2026. This continued a trend of 19 successive years of increasing dividends, which appeals to income-focused investors and helps to maintain the stock's value.
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Edison International (EIX) stock has gained about 5% since 3/31/2026 because of the following key factors:
1. Strong Fiscal Q1 2026 Earnings and Reaffirmed Guidance. Edison International reported core earnings per share (EPS) of $1.42 in fiscal Q1 2026 (ended March 31, 2026), surpassing analysts' consensus estimate of $1.32 by 8.40%. The company also reaffirmed its full-year 2026 core EPS guidance in the range of $5.90 to $6.20, providing investors with a clear outlook and contributing to stock stability.
2. Consistent Dividend Payouts. The company declared a quarterly common stock dividend of $0.8775 per share on June 24, 2026, payable on July 31, 2026. This continued a trend of 19 successive years of increasing dividends, which appeals to income-focused investors and helps to maintain the stock's value.
3. Mixed Macroeconomic and Sector-Specific Factors. While the broader utilities sector (XLU) saw a slight decline of 0.96% in fiscal Q2 2026, the S&P 500 gained 13.16% during the same period. The Federal Reserve's decision to keep interest rates steady at 3.50%-3.75% during Q2 2026 created an uncertain environment for rate-sensitive utilities. However, Edison International benefits from structural tailwinds, including aggressive climate goals in California, significant investments required for grid modernization, and increasing electricity demand driven by electrification and AI. The company plans $40 billion in capital investments over the next five years, projected to drive 7% average annual earnings growth.
4. Ongoing Wildfire-Related Liabilities and Regulatory Scrutiny. Edison International's subsidiary, Southern California Edison (SCE), continued to offer substantial relief to community members affected by the January 2025 Eaton Fire, totaling nearly $700 million in aid during fiscal Q2 2026. These ongoing liabilities and associated regulatory and legal uncertainties, despite some state financial protections for utilities, likely capped significant upward movement in the stock price.
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Stock Movement Drivers
Fundamental Drivers
The 6.0% change in EIX stock from 3/31/2026 to 7/7/2026 was primarily driven by a 31.8% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 7072026 | Change |
|---|---|---|---|
| Stock Price ($) | 71.46 | 75.74 | 6.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 19,317 | 19,609 | 1.5% |
| Net Income Margin (%) | 24.3% | 19.3% | -20.8% |
| P/E Multiple | 5.9 | 7.7 | 31.8% |
| Shares Outstanding (Mil) | 385 | 385 | 0.0% |
| Cumulative Contribution | 6.0% |
Market Drivers
3/31/2026 to 7/7/2026| Return | Correlation | |
|---|---|---|
| EIX | 6.0% | |
| Market (SPY) | 15.0% | -11.1% |
| Sector (XLU) | -0.4% | 73.7% |
Fundamental Drivers
The 31.1% change in EIX stock from 12/31/2025 to 7/7/2026 was primarily driven by a 10.6% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 7072026 | Change |
|---|---|---|---|
| Stock Price ($) | 57.76 | 75.74 | 31.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 18,088 | 19,609 | 8.4% |
| Net Income Margin (%) | 17.6% | 19.3% | 9.4% |
| P/E Multiple | 7.0 | 7.7 | 10.6% |
| Shares Outstanding (Mil) | 385 | 385 | 0.0% |
| Cumulative Contribution | 31.1% |
Market Drivers
12/31/2025 to 7/7/2026| Return | Correlation | |
|---|---|---|
| EIX | 31.1% | |
| Market (SPY) | 9.9% | 3.8% |
| Sector (XLU) | 7.8% | 71.2% |
Fundamental Drivers
The 57.3% change in EIX stock from 6/30/2025 to 7/7/2026 was primarily driven by a 24.3% change in the company's P/E Multiple.| (LTM values as of) | 6302025 | 7072026 | Change |
|---|---|---|---|
| Stock Price ($) | 48.14 | 75.74 | 57.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 17,332 | 19,609 | 13.1% |
| Net Income Margin (%) | 17.2% | 19.3% | 11.9% |
| P/E Multiple | 6.2 | 7.7 | 24.3% |
| Shares Outstanding (Mil) | 385 | 385 | 0.0% |
| Cumulative Contribution | 57.3% |
Market Drivers
6/30/2025 to 7/7/2026| Return | Correlation | |
|---|---|---|
| EIX | 57.3% | |
| Market (SPY) | 22.0% | 8.1% |
| Sector (XLU) | 14.3% | 58.5% |
Fundamental Drivers
The 27.9% change in EIX stock from 6/30/2023 to 7/7/2026 was primarily driven by a 215.1% change in the company's Net Income Margin (%).| (LTM values as of) | 6302023 | 7072026 | Change |
|---|---|---|---|
| Stock Price ($) | 59.20 | 75.74 | 27.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 17,218 | 19,609 | 13.9% |
| Net Income Margin (%) | 6.1% | 19.3% | 215.1% |
| P/E Multiple | 21.5 | 7.7 | -64.2% |
| Shares Outstanding (Mil) | 383 | 385 | -0.5% |
| Cumulative Contribution | 27.9% |
Market Drivers
6/30/2023 to 7/7/2026| Return | Correlation | |
|---|---|---|
| EIX | 27.9% | |
| Market (SPY) | 74.6% | 27.0% |
| Sector (XLU) | 51.9% | 64.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| EIX Return | 14% | -3% | 17% | 15% | -20% | 28% | 53% |
| Peers Return | 15% | 14% | -2% | 21% | 6% | 9% | 79% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| EIX Win Rate | 58% | 50% | 58% | 67% | 67% | 71% | |
| Peers Win Rate | 52% | 60% | 57% | 63% | 63% | 51% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 57% | |
Max Drawdowns [4] | |||||||
| EIX Max Drawdown | -15% | -23% | -16% | -12% | -38% | -10% | |
| Peers Max Drawdown | -16% | -25% | -19% | -12% | -19% | -13% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PCG, SRE, EXC, AEP, PEG. See EIX Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/7/2026 (YTD)
How Low Can It Go
| Event | EIX | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -15.2% | -9.5% |
| % Gain to Breakeven | 17.9% | 10.5% |
| Time to Breakeven | 82 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -15.9% | -24.5% |
| % Gain to Breakeven | 18.9% | 32.4% |
| Time to Breakeven | 41 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.0% | -33.7% |
| % Gain to Breakeven | 72.3% | 50.9% |
| Time to Breakeven | 737 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -31.0% | -19.2% |
| % Gain to Breakeven | 45.0% | 23.8% |
| Time to Breakeven | 148 days | 105 days |
| 2013 Taper Tantrum | ||
| % Loss | -14.8% | -0.2% |
| % Gain to Breakeven | 17.4% | 0.2% |
| Time to Breakeven | 169 days | 1 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -15.1% | -17.9% |
| % Gain to Breakeven | 17.8% | 21.8% |
| Time to Breakeven | 74 days | 123 days |
In The Past
Edison International's stock fell -6.4% during the 2025 US Tariff Shock. Such a loss loss requires a 6.8% gain to breakeven.
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| Event | EIX | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -42.0% | -33.7% |
| % Gain to Breakeven | 72.3% | 50.9% |
| Time to Breakeven | 737 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -31.0% | -19.2% |
| % Gain to Breakeven | 45.0% | 23.8% |
| Time to Breakeven | 148 days | 105 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -55.2% | -53.4% |
| % Gain to Breakeven | 123.1% | 114.4% |
| Time to Breakeven | 1307 days | 1085 days |
In The Past
Edison International's stock fell -6.4% during the 2025 US Tariff Shock. Such a loss loss requires a 6.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Edison International (EIX)
Edison International (EIX) is a major utility company primarily focused on the generation and distribution of electric power. The company is responsible for delivering essential electricity services across a significant and populous region of California.
EIX serves a vast customer base of 15 million, providing electricity to residential, commercial, industrial, public authority, and agricultural customers throughout Southern, Central, and Coastal California. In addition to power delivery, the company also offers specialized energy solutions to its commercial and industrial users.
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Here are 1-3 brief analogies for Edison International:
- Like your local internet provider (e.g., Comcast or AT&T), but they deliver electricity.
- Like a water utility, but they deliver electricity to a vast region of California.
- Like UPS or FedEx, but they deliver electricity through power lines instead of packages.
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- Electric Power: Edison International generates, transmits, and distributes electricity to residential, commercial, and industrial customers across Southern, Central, and Coastal California.
- Energy Solutions: The company provides specialized energy solutions tailored for commercial and industrial users.
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Edison International primarily serves various categories of customers, including individuals and businesses, across Southern, Central, and Coastal California. Its major customer categories include:
- Residential customers
- Commercial customers
- Industrial customers
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- NextEra Energy (NEE)
- The AES Corporation (AES)
- Eaton Corporation (ETN)
- ABB Ltd (ABB)
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Pedro Pizarro, President and Chief Executive Officer
Pedro Pizarro joined Edison International in 1999 and was elected Chief Executive Officer in October 2016. Previously, he served as president of Edison Mission Energy (EME), a subsidiary of Edison International, from 2011 until the sale of its assets to NRG Energy in April 2014. Before joining Edison International and Southern California Edison, Mr. Pizarro was a senior engagement manager with McKinsey & Company, where his work included corporate strategy, mergers and acquisitions, and operational and organizational engagements for energy, technology, engineering services, and banking clients. He holds a Ph.D. in chemistry from the California Institute of Technology and a bachelor's degree in chemistry from Harvard University.
Maria Rigatti, Executive Vice President and Chief Financial Officer
Maria Rigatti became Executive Vice President and Chief Financial Officer of Edison International in October 2016. Before this role, she was Senior Vice President and CFO at Southern California Edison from July 2014 to September 2016. Prior to that, Ms. Rigatti was Senior Vice President and CFO at Edison Mission Energy (EME) from December 2010 to April 2014 and was actively involved in the sale of substantially all of EME's assets to NRG Energy in 2014. She previously held positions at PIRA Energy Group, Gas Energy Inc., and The Chase Manhattan Bank. Ms. Rigatti earned an MBA in finance from New York University and a bachelor's degree in finance from Manhattan College.
Caroline Choi, Executive Vice President, Public Policy & Corporate Affairs
Caroline Choi serves as Executive Vice President of Public Policy & Corporate Affairs for Edison International and its utility subsidiary, Southern California Edison.
Adam S. Umanoff, Executive Vice President, General Counsel and Corporate Secretary
Adam S. Umanoff has been Executive Vice President and General Counsel at Edison International since January 2015, also serving as Corporate Secretary.
Steven D. Powell, President and Chief Executive Officer, Southern California Edison
Steven D. Powell is the President and Chief Executive Officer of Southern California Edison (SCE), Edison International's primary subsidiary.
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Key Risks to Edison International (EIX)
The primary risks to Edison International's business are centered around its operations as an electric utility in California, particularly concerning environmental, regulatory, and security challenges.
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Wildfire Risk and Associated Liabilities: Edison International faces significant financial and operational risks due to the persistent threat of catastrophic wildfires in California. The company's equipment can potentially cause or contribute to these fires, leading to substantial liabilities, legal challenges, and unquantified wildfire litigation (such as the Eaton Fire). These risks can severely impact the company's financial stability, increase insurance premiums, and necessitate considerable investments in infrastructure for mitigation, including grid hardening and undergrounding power lines.
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Regulatory and Legislative Environment: As a regulated utility in California, Edison International is heavily influenced by the state's complex regulatory and legislative landscape. This includes the need for approval from the California Public Utilities Commission (CPUC) for major capital plans and rate increases. There is a risk of disallowance of cost recovery for significant investments and exposure to policy uncertainty stemming from upcoming elections and new wildfire legislation (e.g., SB 254). Regulatory restrictions on operational measures, such as Public Safety Power Shutoffs (PSPS), also pose challenges. Furthermore, competition from Community Choice Aggregators (CCAs) and Electric Service Providers (ESPs) presents an ongoing risk to the company's market position.
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Cybersecurity and Physical Security Risks: Edison International is exposed to risks from successful cyberattacks or physical security breaches on its information technology and operational technology systems. The increasing sophistication and dynamic nature of these threats require continuous vigilance and investment to prevent disruptions to operations or material impacts on its financial condition.
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The clear emerging threats for Edison International (EIX) are:
- Distributed Energy Resources (DERs): The accelerating adoption of rooftop solar panels combined with rapidly advancing battery storage technologies enables customers to generate and store their own electricity. This reduces their reliance on EIX for power supply, directly impacting the utility's electricity sales volume and revenue. This trend is akin to Netflix displacing Blockbuster by offering an alternative means of accessing content, as customers find alternative ways to source their energy needs outside the traditional utility grid.
- Community Choice Aggregators (CCAs): In California, CCAs are local governmental entities that procure electricity for residents and businesses within their jurisdictions. While EIX continues to operate and maintain the transmission and distribution infrastructure, CCAs take over the power procurement and supply relationship with customers. This disintermediates EIX from a significant portion of its customer base regarding electricity generation and supply, shifting a core revenue stream and customer relationship to another entity, much like how Uber challenged the traditional direct customer relationship of taxicab companies.
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The addressable market for Edison International's main products and services is detailed below:
-
Electric Power Generation and Distribution: The addressable market size for the Electric Power Transmission industry in California, which includes electric bulk power transmission and control, electric power distribution, and wholesale electricity brokering and marketing, is projected to be $51.4 billion in 2026. This market size is for the state of California, where Edison International, through its subsidiary Southern California Edison (SCE), delivers electricity to 15 million customers across Southern, Central, and Coastal California.
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Energy Solutions: Null
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- Rate Base Growth from Capital Investments: Edison International plans substantial capital expenditures, ranging from $28 billion to $29 billion between 2024 and 2028, and a $38-$41 billion capital plan for 2026-2030, primarily focused on grid modernization, infrastructure replacement, and wildfire mitigation. These investments are projected to drive an annual rate base growth of 7-8%, upon which the company can earn a regulated return, directly contributing to revenue growth.
- Favorable Regulatory Outcomes and Rate Adjustments: Approved General Rate Cases (GRC) by the California Public Utilities Commission (CPUC) are a significant driver, allowing Southern California Edison (SCE) to recover costs and earn a return on its investments. The 2025 GRC, for instance, authorized substantial base revenues and supported critical capital investments, which will contribute to revenue. Settlements for wildfire cost recovery, such as the TKM and Woolsey agreements, also positively impact revenue through authorized cost recovery and reduced interest expense.
- Increased Demand from Electrification and Load Growth: The ongoing electrification trends in California, including the growing adoption of electric vehicles (EVs), new housing developments, and industrial expansion, are expected to drive increased electricity demand. This includes substantial load growth from large-scale users like data centers. SCE projects a 35% load growth by 2035 and 80% by 2045, reflecting a significant long-term driver for revenue.
- Wildfire Mitigation and Grid Hardening Investments: Continued strategic investments in wildfire mitigation and grid hardening measures, such as the installation of covered conductors and other infrastructure resilience programs, are crucial for safe and reliable operations in California. These necessary investments receive regulatory support for cost recovery, thereby adding to the rate base and contributing to revenue generation.
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Share Repurchases
- Edison International's Board of Directors authorized a stock repurchase program of up to $200 million, effective July 29, 2024, and continuing until December 31, 2025. This program is intended to offset dilution from common stock issued under the company's long-term incentive compensation programs.
Share Issuance
- Edison International projects no equity issuance through 2030, with its financing plan through that period relying on operating cash flow and incremental debt.
Capital Expenditures
- Southern California Edison (SCE), a subsidiary of Edison International, plans capital spending of approximately $38 billion to $41 billion from 2026 to 2030.
- SCE anticipates $7 billion in capital expenditures for 2026.
- The primary focus of these capital expenditures includes distribution grid reliability, resilience, wildfire mitigation, and electrification efforts across Southern, Central, and Coastal California.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 78.77 |
| Mkt Cap | 44.8 |
| Rev LTM | 21,021 |
| Op Inc LTM | 4,608 |
| FCF LTM | -2,702 |
| FCF 3Y Avg | -1,960 |
| CFO LTM | 6,390 |
| CFO 3Y Avg | 5,583 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.3% |
| Rev Chg 3Y Avg | 4.9% |
| Rev Chg Q | 9.0% |
| QoQ Delta Rev Chg LTM | 2.4% |
| Op Inc Chg LTM | 14.7% |
| Op Inc Chg 3Y Avg | 14.6% |
| Op Mgn LTM | 22.5% |
| Op Mgn 3Y Avg | 21.2% |
| QoQ Delta Op Mgn LTM | 0.5% |
| CFO/Rev LTM | 30.9% |
| CFO/Rev 3Y Avg | 29.9% |
| FCF/Rev LTM | -11.6% |
| FCF/Rev 3Y Avg | -8.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 44.8 |
| P/S | 2.6 |
| P/Op Inc | 10.9 |
| P/EBIT | 10.1 |
| P/E | 17.8 |
| P/CFO | 8.9 |
| Total Yield | 8.6% |
| Dividend Yield | 2.9% |
| FCF Yield 3Y Avg | -3.9% |
| D/E | 0.9 |
| Net D/E | 0.9 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 4.1% |
| 3M Rtn | -0.5% |
| 6M Rtn | 9.9% |
| 12M Rtn | 29.1% |
| 3Y Rtn | 37.1% |
| 1M Excs Rtn | 7.2% |
| 3M Excs Rtn | -13.5% |
| 6M Excs Rtn | -0.8% |
| 12M Excs Rtn | 7.7% |
| 3Y Excs Rtn | -32.0% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Southern California Edison (SCE) | 19,317 | 17,599 | |||
| Single Segment | 16,338 | 17,220 | 14,905 | ||
| Total | 19,317 | 17,599 | 16,338 | 17,220 | 14,905 |
| $ Mil | 2003 | 2002 | 2001 | 1998 | 1997 |
|---|---|---|---|---|---|
| Electric Utility | 872 | 1,228 | 2,386 | 515 | 1,642 |
| Capital & Financial Services | 57 | 33 | 84 | ||
| Nonutility Power Generation | 28 | 82 | 113 | ||
| Corporate & Other | -178 | -208 | -181 | ||
| Captial & Financial Services | 105 | ||||
| Other | -84 | -1 | |||
| Power Generation | 132 | 394 | |||
| Total | 779 | 1,135 | 2,402 | 668 | 2,035 |
| $ Mil | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|
| Electric Utility | 40,315 | 35,906 | 32,474 | 32,568 | 27,449 |
| Competitive power generation | 8,392 | 9,597 | 8,521 | ||
| Parent and other | -668 | 27 | -573 | ||
| Financial Services and other | 1,022 | ||||
| Financial Services and Other | 3,089 | ||||
| Nonutility Power Generation | 9,016 | 7,054 | |||
| parent and other | -58 | ||||
| Financial Services | 2,820 | ||||
| Total | 48,039 | 45,530 | 41,444 | 44,615 | 37,323 |
Price Behavior
| Market Price | $75.74 | |
| Market Cap ($ Bil) | 29.2 | |
| First Trading Date | 01/02/1980 | |
| Distance from 52W High | 0.0% | |
| 50 Days | 200 Days | |
| DMA Price | $70.46 | $63.39 |
| DMA Trend | up | indeterminate |
| Distance from DMA | 7.5% | 19.5% |
| 3M | 1YR | |
| Volatility | 24.1% | 24.1% |
| Downside Capture | -56.13 | -33.69 |
| Upside Capture | -10.69 | 28.47 |
| Correlation (SPY) | -9.4% | 9.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.25 | -0.24 | 0.04 | 0.13 | 0.20 | 0.48 |
| Up Beta | -0.15 | -0.43 | 0.49 | 0.39 | 0.60 | 0.74 |
| Down Beta | -0.23 | -0.20 | -0.24 | 0.58 | 0.28 | 0.45 |
| Up Capture | 7% | 8% | 1% | 14% | 22% | 10% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 13 | 23 | 31 | 66 | 134 | 392 |
| Down Capture | -63% | -49% | -34% | -56% | -41% | 55% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 8 | 18 | 31 | 58 | 117 | 356 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EIX | |
|---|---|---|---|---|
| EIX | 54.8% | 24.2% | 1.75 | - |
| Sector ETF (XLU) | 14.1% | 14.9% | 0.67 | 58.6% |
| Equity (SPY) | 20.7% | 12.5% | 1.22 | 8.4% |
| Gold (GLD) | 23.0% | 27.8% | 0.73 | 8.7% |
| Commodities (DBC) | 22.9% | 18.6% | 0.97 | -8.3% |
| Real Estate (VNQ) | 13.6% | 13.8% | 0.68 | 49.6% |
| Bitcoin (BTCUSD) | -41.8% | 42.8% | -1.14 | 8.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EIX | |
|---|---|---|---|---|
| EIX | 11.0% | 25.4% | 0.40 | - |
| Sector ETF (XLU) | 10.4% | 17.3% | 0.45 | 70.5% |
| Equity (SPY) | 13.3% | 17.1% | 0.60 | 36.5% |
| Gold (GLD) | 17.8% | 18.3% | 0.79 | 13.8% |
| Commodities (DBC) | 7.6% | 19.5% | 0.29 | 9.2% |
| Real Estate (VNQ) | 3.1% | 18.9% | 0.06 | 53.0% |
| Bitcoin (BTCUSD) | 13.2% | 53.5% | 0.43 | 11.2% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EIX | |
|---|---|---|---|---|
| EIX | 4.6% | 28.1% | 0.20 | - |
| Sector ETF (XLU) | 9.4% | 19.3% | 0.42 | 70.2% |
| Equity (SPY) | 15.7% | 17.9% | 0.75 | 43.7% |
| Gold (GLD) | 11.6% | 16.1% | 0.59 | 12.3% |
| Commodities (DBC) | 6.2% | 18.0% | 0.27 | 14.5% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 56.1% |
| Bitcoin (BTCUSD) | 57.9% | 66.2% | 0.98 | 9.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/28/2026 | 0.0% | 1.4% | 3.4% |
| 2/18/2026 | 4.2% | 7.9% | 3.1% |
| 10/28/2025 | -1.2% | -0.6% | 5.5% |
| 7/31/2025 | 1.9% | 5.4% | 7.7% |
| 4/29/2025 | -8.9% | -6.6% | -4.9% |
| 2/27/2025 | 6.0% | 7.3% | 13.3% |
| 10/29/2024 | 0.1% | -1.4% | 6.3% |
| 7/25/2024 | 2.7% | 6.8% | 10.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 14 | 19 |
| # Negative | 11 | 10 | 5 |
| Median Positive | 2.8% | 3.2% | 5.5% |
| Median Negative | -2.2% | -1.4% | -4.9% |
| Max Positive | 6.0% | 10.3% | 16.3% |
| Max Negative | -8.9% | -6.6% | -9.0% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/28/2026 | 0.0% | 1.4% | 3.4% |
| 2/18/2026 | 4.2% | 7.9% | 3.1% |
| 10/28/2025 | -1.2% | -0.6% | 5.5% |
| 7/31/2025 | 1.9% | 5.4% | 7.7% |
| 4/29/2025 | -8.9% | -6.6% | -4.9% |
| 2/27/2025 | 6.0% | 7.3% | 13.3% |
| 10/29/2024 | 0.1% | -1.4% | 6.3% |
| 7/25/2024 | 2.7% | 6.8% | 10.9% |
| 4/30/2024 | 0.3% | 4.0% | 5.1% |
| 2/22/2024 | 1.2% | 0.9% | 3.2% |
| 11/1/2023 | -0.5% | -1.6% | 5.5% |
| 7/27/2023 | 3.0% | -0.7% | -1.3% |
| 5/2/2023 | -2.2% | 0.5% | -9.0% |
| 2/23/2023 | 4.2% | -0.5% | 3.8% |
| 11/1/2022 | -2.9% | -4.1% | 8.3% |
| 7/28/2022 | 3.5% | 5.3% | 5.8% |
| 5/3/2022 | 2.8% | -1.4% | 2.8% |
| 2/24/2022 | 5.4% | 10.3% | 16.3% |
| 11/2/2021 | -1.2% | 1.7% | 3.1% |
| 7/29/2021 | -4.8% | -3.5% | 0.5% |
| 4/27/2021 | -0.2% | 1.9% | -4.1% |
| 2/25/2021 | -3.0% | 2.4% | 9.0% |
| 10/27/2020 | -2.2% | 1.0% | 10.2% |
| 7/28/2020 | -2.4% | -0.7% | -7.3% |
| SUMMARY STATS | |||
| # Positive | 13 | 14 | 19 |
| # Negative | 11 | 10 | 5 |
| Median Positive | 2.8% | 3.2% | 5.5% |
| Median Negative | -2.2% | -1.4% | -4.9% |
| Max Positive | 6.0% | 10.3% | 16.3% |
| Max Negative | -8.9% | -6.6% | -9.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/28/2026 | 10-Q |
| 12/31/2025 | 02/18/2026 | 10-K |
| 09/30/2025 | 10/28/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 04/29/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 10/29/2024 | 10-Q |
| 06/30/2024 | 07/25/2024 | 10-Q |
| 03/31/2024 | 04/30/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 07/27/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 11/01/2022 | 10-Q |
| 06/30/2022 | 07/28/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/28/2026 | 10-Q |
| 12/31/2025 | 02/18/2026 | 10-K |
| 09/30/2025 | 10/28/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 04/29/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 10/29/2024 | 10-Q |
| 06/30/2024 | 07/25/2024 | 10-Q |
| 03/31/2024 | 04/30/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 07/27/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 11/01/2022 | 10-Q |
| 06/30/2022 | 07/28/2022 | 10-Q |
| 03/31/2022 | 05/03/2022 | 10-Q |
| 12/31/2021 | 02/24/2022 | 10-K |
| 09/30/2021 | 11/02/2021 | 10-Q |
| 06/30/2021 | 07/29/2021 | 10-Q |
| 03/31/2021 | 04/27/2021 | 10-Q |
| 12/31/2020 | 02/25/2021 | 10-K |
| 09/30/2020 | 10/27/2020 | 10-Q |
| 06/30/2020 | 07/28/2020 | 10-Q |
| 03/31/2020 | 04/30/2020 | 10-Q |
| 12/31/2019 | 02/27/2020 | 10-K |
| 09/30/2019 | 10/29/2019 | 10-Q |
| 06/30/2019 | 07/25/2019 | 10-Q |
Recent Forward Guidance
Updated 5/31/2026Latest: Q1 2026 Earnings Reported 4/28/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Core EPS | 5.9 | 6.05 | 6.2 | 0 | Affirmed | Guidance: 6.05 for 2026 | |
| 2030 Core EPS Growth | 5.0% | 6.0% | 7.0% | ||||
Prior: Q4 2025 Earnings Reported 2/18/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Core EPS | 5.9 | 6.05 | 6.2 | -0.4% | Lower New | Actual: 6.08 for 2025 | |
| 2027 Core EPS | 6.25 | 6.45 | 6.65 | ||||
| 2028 Core EPS Growth | 5.0% | 6.0% | 7.0% | 0.0% | Affirmed | Guidance: 6.0% for 2028 | |
Q3 2025 Earnings Reported 10/28/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Core EPS | 5.95 | 6.08 | 6.2 | -1.1% | Lowered | Guidance: 6.14 for 2025 | |
| 2028 Core EPS Growth | 5.0% | 6.0% | 7.0% | 0 | 0 | Affirmed | Guidance: 6.0% for 2028 |
Insider Activity
Updated 4/26/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Taylor, Peter J | Direct | Sell | 4132026 | 75.30 | 500 | 37,650 | 2,576,146 | Form | |
| 2 | Taylor, Peter J | Direct | Sell | 3022026 | 74.54 | 500 | 37,270 | 2,587,432 | Form | |
| 3 | Bowman, Erica S | VICE PRESIDENT | Direct | Sell | 2242026 | 73.88 | 1,276 | 94,264 | 237,656 | Form |
| 4 | Taylor, Peter J | Direct | Sell | 10312025 | 55.27 | 1,800 | 99,486 | 1,946,167 | Form | |
| 5 | Murphy, J Andrew | PRESIDENT & CEO, EDISON ENERGY | Direct | Sell | 8052025 | 54.42 | 11,900 | 647,560 | 853,627 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Taylor, Peter J | Direct | Sell | 4132026 | 75.30 | 500 | 37,650 | 2,576,146 | Form | |
| 2 | Taylor, Peter J | Direct | Sell | 3022026 | 74.54 | 500 | 37,270 | 2,587,432 | Form | |
| 3 | Bowman, Erica S | VICE PRESIDENT | Direct | Sell | 2242026 | 73.88 | 1,276 | 94,264 | 237,656 | Form |
| 4 | Taylor, Peter J | Direct | Sell | 10312025 | 55.27 | 1,800 | 99,486 | 1,946,167 | Form | |
| 5 | Murphy, J Andrew | PRESIDENT & CEO, EDISON ENERGY | Direct | Sell | 8052025 | 54.42 | 11,900 | 647,560 | 853,627 | Form |
Industry Resources
| Utilities Resources |
| Data.gov Energy Infrastructure |
| Data.gov Energy Resources |
| Utility Dive |
| Electric Utilities Resources |
| T&D World |
| Edison Electric Institute (EEI) |
| Smart Energy International |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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