Edison International (EIX)
Utilities · Electric Utilities · US stock · S&P 500 component
$57.90
▲ +0.71 (1.24%)
Fair valueUndervalued
$84 +44.2% to fair value
$42fair band $71–$101$125
Day's range
$56.55 – $58.05
52-week range
$51.10 – $81.62
About Edison International
Edison International is a holding company whose main business is Southern California Edison, a regulated electric utility serving much of southern California. The utility generates, buys, transmits and distributes power to homes and businesses, and it earns revenue from rates approved by state regulators that are designed to recover costs and allow a return on invested capital. Wildfire risk and related liabilities are a significant feature of its operating environment.
The X-Ray Score for Edison International is 71 out of 100. Revenue over the last twelve months was $19.6 billion, and it expanded at 3.9% a year across three years. The business shows an operating margin of 30.8% and a return on invested capital of 8%. Leverage, measured as net debt to EBITDA, is 4.4 times. A dividend is paid, with a yield of 6.1%.
Price chart
52-wk range $51.10 – $81.62Volume 4,130,146Daily, split-adjusted
Vitals
Market cap$22.4B
52-week range$51.10 – $81.62
Volume (last day)4,130,146
P/E (TTM)6.3
EBIT / EV yield9.5%
Free-cash-flow yield-2.9%
Dividend yield6.1%
Revenue (TTM)$19.6B
Net income (TTM)$3.6B
Operating margin30.8%
Return on capital8.2%
Debt incl. leases$41.5B
Cash & securities$168M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$84middle half of models $78 – $86
Undervalued
+44.2% to fair value
Average of the 8 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is High, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Peak-cycle earnings: the current operating margin is more than 1.5x its 7-year average, so multiples applied to today's profit may overstate value; model uncertainty is set to High
Price $58
Undervalued < $71Fair $71 – $101Overvalued > $101
P/E multiple
$82
P/B multiple
$67
P/S multiple
$83
EV/EBITDA multiple · not used
$129
EV/EBIT multiple · not used
$200
EV/revenue multiple
$73
10-year DCF, EBITDA exit
$98
5-year DCF, EBITDA exit
$104
10-year DCF, revenue exit
$80
5-year DCF, revenue exit
$81
10-year DCF, growth exit · not used
$219
5-year DCF, growth exit · not used
$241
Dividend discount, stable · not used
$226
Dividend discount, multi-stage · not used
$429
Earnings power value · not used
$191
Growth the price implies
-2.1%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Average business at a low price
Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Utilities peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Strong
90/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield9.5%
Free-cash-flow yield-2.9%
Fair value vs price1.4×
Growth
Strong
70/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)3.9%
EPS growth (3y)93.3%
Growth consistency80%
Profitability
Fair
56/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital8.2%
Operating margin30.8%
Financial health
Fair
68/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA4.4×
Interest cover3.4×
Dividends
Strong
70/100
Dividend is high and well covered by cash flow.
See the numbers →
Dividend yield6.1%
Dividend growth6.7%
Quarterly results: last 6 quarters
+7.5%
Dec '24
-6.5%
Mar '25
+4.8%
Jun '25
+10.6%
Sep '25
+30.8%
Dec '25
+7.7%
Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $4.1B, diluted EPS $1.37.
Compare with peers
ES Eversource Energy65 EXC Exelon Corp62 DUK Duke Energy CORP58 AEP American Electric Powe...58Other Electric Utilities companies by X-Ray Score.
SWOT analysis: Edison International
Strengthsinside the company
- Operating margin of 30.8% is well above the 22.9% median of industry peers, a sign of pricing power or lower costs.
- Earnings per share have compounded at 93.3% a year over three years.
Weaknessesinside the company
- Free cash flow is negative, so spending or debt has to be financed from outside.
- Net debt is 4.4x EBITDA, above the 3x level that lenders usually watch.
- Altman Z-score of 0.9 is in the zone linked with financial distress in past studies.
Opportunitiesvaluation and setting
- Revenue growth picked up to 9.8% last year from 3.9% a year over three years.
- Trades at 6.3x earnings, 71% below the 21.9x median of industry peers.
- The price is 44% below our fair value estimate, with the gap larger than the margin we allow for error.
Threatsvaluation and setting
- Heavy debt makes profits sensitive to interest rates and refinancing conditions.
- Valuation uncertainty is high: the models give widely different values, so the fair value range is wide.
- Our Market Compass rates the backdrop for Utilities as unfavourable.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare EIX with peers and sector
Medians of 14 Electric Utilities peers and of 30 Utilities stocks in our universe.
Largest peers (X-Ray Score): SO 45, DUK 58, CEG 49, AEP 58, ETR 43, VST 53.
| Metric | EIX | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 71 | 51 | 50 |
| Valuation | 90 | 49 | 49 |
| Growth | 70 | 53 | 53 |
| Profitability | 56 | 53 | 49 |
| Financial health | 68 | 52 | 51 |
| Dividends | 70 | 49 | 53 |
Sector leaders: highest X-Ray Score in Utilities
EIX ranks #1 of 31 in Utilities and #1 of 15 in Electric Utilities by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for EIX
Each factor is rated by where EIX stands among the 31 Utilities stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 14 Good · 4 Average · 2 Bad of 20
Growth: 2 · 1 · 0
Profitability: 4 · 0 · 0
Financial strength: 2 · 2 · 0
Valuation: 5 · 0 · 0
Cash flow: 0 · 1 · 2
Efficiency: 1 · 0 · 0
| Factor | EIX | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +3.9% | Good beats 68% | +3.4% | – | – |
| Revenue growth, last year | +9.8% | Average beats 55% | +9.6% | +9.8% | ≈ In line |
| EPS growth, 3 years a year | +93.3% | Good beats 98% | +8.1% | – | – |
| Profitability | |||||
| Operating margin | 30.8% | Good beats 85% | 22.9% | 16.1% | ▲ Better |
| Net margin | 18.1% | Good beats 82% | 14.4% | 7.3% | ▲ Better |
| Return on invested capital | 8.2% | Good beats 89% | 5.5% | – | – |
| Return on equity | 20.5% | Good beats 92% | 10.1% | 7.7% | ▲ Better |
| Financial strength | |||||
| Net debt / EBITDA | 4.4x | Good beats 85% | 5.8x | 6.4x | ▲ Better |
| Interest cover | 3.4x | Good beats 79% | 2.5x | 1.6x | ▲ Better |
| Current ratio | 0.74 | Average beats 44% | 0.78 | 0.73 | ≈ In line |
| Piotroski F-score | 6 / 9 | Average beats 58% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 6.3x | Good beats 92% | 21.8x | 24.1x | ▲ Better |
| Price / book | 1.3x | Good beats 92% | 2.1x | 1.6x | ▲ Better |
| Price / sales | 1.1x | Good beats 92% | 2.9x | 1.7x | ▲ Better |
| EV / EBITDA | 6.8x | Good beats 95% | 14.0x | 11.6x | ▲ Better |
| Free cash flow yield | -2.9% | Good beats 73% | -4.9% | -7.4% | ▲ Better |
| Cash flow | |||||
| Free cash flow margin | -3.3% | Average beats 55% | -9.1% | -12.5% | ▲ Better |
| Cash from operations / net income | 1.69 | Bad beats 15% | 2.20 | 2.84 | ▼ Worse |
| Accruals (lower is better) | −2.6% | Bad beats 24% | −3.3% | – | – |
| Efficiency | |||||
| Days sales outstanding | 29 days | Good beats 82% | 44 days | 36 days | ▲ Better |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 9 Good · ● 4 Average · ● 1 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldGood
Risk models
Altman Z''Average
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Good
Revenue growth (3y)Good
Growth consistencyAverage
Balance sheet
Current ratioAverage
Net debt / EBITDAGood
Interest coverGood
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginGood
Each check is graded against the company's sector, not a fixed number. Checklist score 75/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $14.9B | $17.2B | $16.3B | $17.6B | $19.3B |
| Operating income | $1.5B | $1.5B | $2.6B | $2.9B | $7.1B |
| Net income | $925M | $824M | $1.2B | $1.3B | $4.5B |
| Operating cash flow | $11M | $3.2B | $3.4B | $5.0B | $5.8B |
| Operating margin | 9.9% | 8.6% | 16.1% | 16.6% | 36.7% |
| Free cash flow | −$5.5B | −$2.6B | −$2.0B | −$693M | −$715M |
| Diluted EPS | $2.00 | $1.60 | $3.11 | $3.31 | $11.55 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
5 bullish · 1 neutral · 10 bearish
Weekly
Strongly bearish
1 bullish · 1 neutral · 10 bearish
Monthly
Bearish
2 bullish · 1 neutral · 5 bearish
Moving averages (daily)
| SMA 10 | 56.07 | Bullish |
| EMA 10 | 56.11 | Bullish |
| SMA 20 | 54.51 | Bullish |
| EMA 20 | 55.69 | Bullish |
| SMA 50 | 58.73 | Bearish |
| EMA 50 | 58.53 | Bearish |
| SMA 100 | 65.57 | Bearish |
| EMA 100 | 62.07 | Bearish |
| SMA 200 | 66.09 | Bearish |
| EMA 200 | 63.11 | Bearish |
Oscillators (daily)
| RSI (14) | 60.18 | Neutral |
| MACD (12, 26) | -0.10 | Bearish |
| Momentum (12) | 8.48 | Bullish |
| Stochastic %K (14) | 97.70 | Bearish |
| Williams %R (14) | -2.30 | Bearish |
| CCI (20) | 141.3 | Bearish |
Pivot points (classic, last session)
S3 55.45 | S2 56.00 | S1 56.95 | Pivot 57.50 | R1 58.45 | R2 59.00 | R3 59.95 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
3.51 USD
Yield on today's price
6.07%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.8780 | |
| 0.8780 | |
| 0.8780 | |
| 0.8780 | |
| 0.8280 | |
| 0.8280 | |
| 0.8280 | |
| 0.8280 | |
| 0.7800 | |
| 0.7800 | |
| 0.7800 | |
| 0.7800 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold EIX
| ETF | Share of the fund |
|---|---|
| XLU Utilities Select Sector SPDR | 2.02% |
| PEY Invesco High Yield Equity Dividend Ach... | 1.94% |
| FUTY Fidelity MSCI Utilities Index | 1.84% |
| VPU Vanguard Utilities | 1.77% |
| IDU iShares U.S. Utilities | 1.73% |
| DVY iShares Select Dividend | 1.56% |
| SPYD SPDR Portfolio S&P 500 High Dividend | 1.47% |
| SDY SPDR S&P Dividend | 1.45% |
The eight funds with the largest weight in EIX among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
EIX stock splits
EIX has split its stock once since 1993. The latest was a 2-for-1 split on 22 Jun 1993.
Full EIX stock split history →EIX SEC filings
8-KSEC EDGAR
Regulation FD disclosure
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Regulation FD disclosure
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
8-KSEC EDGAR
Shareholder vote results
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.