Edison International (EIX) Stock

Edison International (EIX) is a Utilities stock trading at $71.59 (as of 2026-08-21), with a market capitalization of $27.55B and a trailing P/E of 7.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Edison International, through its subsidiaries, generates and distributes electric power. It delivers electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California. The company also provides energy solutions to commercial and industrial users. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and substations; and distribution system consists of approximately 39,000 circuit-miles of overhead lines, approximately 31,000 circuit-miles of underground lines, and 800 substations. The company was founded in 1886 and is headquartered in Rosemead, California.

Understand Edison International: how it makes money

Edison International generates and distributes electric power in Southern, Central, and Coastal California, and sells electricity plus energy solutions to customers, with earnings shaped by regulatory rate-setting outcomes and supported by items like monetized telecom lease contracts.

Edison International's profit engine is tied to what regulators authorize for the utility's base revenue requirement, with results also influenced by incremental items such as higher revenue, monetized telecom lease contracts, and potential unbilled revenue savings from AI-driven monitoring.

Revenue by segment (latest quarter)
SCE$4.1B

Business quality (Mixed): A classic rate-regulated utility where the main driver is authorized revenue through general rate case mechanisms, supplemented by smaller, non-core revenue items and operational initiatives.

Valuation: At 8× earnings, EIX trades 64% below the Utilities average (22×). Note: one-time items can distort reported P/E.

Bull case

  • Rate-setting provides a definable revenue framework: The company points to an SCE 2025 GRC Proposed Decision base revenue requirement, indicating earnings are structured around authorized base rates.
  • Non-utility add-ons can contribute: The provided revenue drivers include annual revenue from monetized telecom lease contracts.
  • Operational initiatives may reduce lost revenue: The dataset cites potential unbilled revenue savings from AI-driven monitoring.
  • Large, established customer footprint and grid infrastructure: Edison International delivers electricity to 15 million customers and operates transmission and distribution systems across California.

Bear case

  • Regulatory approvals and decisions can shift outcomes: The revenue framework references general rate case components such as the proposed decision base rate revenue requirement and related tracks (for example, GRC Track 3 approval), which can affect the revenue trajectory.
  • Incremental initiatives depend on execution to realize benefits: AI-driven monitoring is described in terms of potential unbilled revenue savings, so realizing those savings is not automatic.
  • Revenue drivers may not scale evenly: Some included items show small or zero variances in the dataset (for example, other CTC revenue variance shows 0.0), highlighting that not all incremental components may contribute in a given period.
Valuation — source: SEC EDGAR (first-party)
Price$71.59
Market Cap$27.55B
P/E Ratio7.8
EV / EBITDA7.0
Price / Book1.46
Price / Sales1.40
FCF Yield-2.3%
DCF Value (model)$373.73
DCF Upside vs Price422.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$19.32B
Net Margin23.1%
Revenue Growth (YoY)7.7%
EPS Growth (YoY)-63.0%
FCF Growth (YoY)-39.1%
Financial Health — source: SEC EDGAR
Altman Z-Score0.80 (distress)
Valuation vs Sector & Industry
Stock P/E7.8
Sector P/E (Utilities)20.8
Industry P/E (Utilities)20.1
vs Sector-62.8%
vs Industry-61.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($3.38B)
Institutional Holders Tracked10
Congressional Trades (recent)9
Company
SectorUtilities
IndustryUtilities
CEOPedro J. Pizarro
Employees14,013
CountryUS
IPO Date1973-05-03

Related Companies (Business model: Regulated Utility (Electric / Gas); 8 closest by market cap; US-domiciled)

  • Entergy Corporation (ETR)
  • Vistra Corp. (VST)
  • DTE Energy Company (DTE)
  • FirstEnergy Corp. (FE)
  • Eversource Energy (ES)
  • PPL Corporation (PPL)
  • CenterPoint Energy, Inc. (CNP)
  • NRG Energy, Inc. (NRG)
EIX earnings history · EIX institutional & insider holders · EIX KPIs & operating metrics · EIX financials · EIX investor presentations & press releases · EIX SEC filings · EIX peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.