Edison International (EIX) Research

Forward Estimates

EPS Estimates

Current Qtr

$0.98

$-0.47$1.52

vs $0.97+1.4%

8 analysts

Next Qtr

$2.01

$0.80$3.09

vs $2.34-14.0%

8 analysts

Current Yr

$6.12

$6.04$6.17

vs $6.55-6.6%

17 analysts

Next Yr

$6.51

$6.46$6.57

vs $6.12+6.4%

16 analysts

Revenue Estimates

Current Qtr

$4.76B

$4.40B$4.96B

vs $4.54B+4.7%

4 analysts

Next Qtr

$5.48B

$5.16B$5.89B

vs $5.75B-4.7%

4 analysts

Current Yr

$19.32B

$18.58B$20.69B

vs $19.32B+0.0%

12 analysts

Next Yr

$19.97B

$18.99B$21.45B

vs $19.32B+3.4%

12 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for EIX on EDGAR.

EIX filing events and research context
Filed	Item	Context
Apr 28, 2026	mda_quarterly	Edison International’s first-quarter 2026 core earnings rose slightly to $546 million, although net income decreased to $531 million due to the absence of significant non-core wildfire recoveries seen in 2025. Southern California Edison (SCE) continues an aggressive capital program, forecasting total expenditures between $37.5 billion and $40.6 billion from 2026 to 2030, featuring the Alberhill System Project and a proposed $3.1 billion AMI 2.0 infrastructure upgrade. Wildfire liability remains the primary financial risk. The January 2025 Eaton Fire resulted in $1.3 billion in recorded losses, with SCE expecting recoveries via customer-funded self-insurance ($917 million), the Wildfire Fund ($295 million), and FERC rates ($70 million). However, the company cannot yet estimate the full range of future Eaton Fire losses. Recovery of these and other costs depends on CPUC prudency determinations under California Assembly Bill 1054 and Senate Bill 254. To manage liquidity, SCE maintains a debt-to-total capitalization ratio of 0.57 to 1 and is seeking CPUC approval to issue $2.0 billion in securitized recovery bonds related to the Woolsey Settlement. Additionally, the company is navigating the new corporate alternative minimum tax imposed by the Inflation Reduction Act of 2022.
Feb 18, 2026	business	Edison International is a holding company primarily operating Southern California Edison (SCE), an investor-owned utility providing electricity across Southern, Central, and Coastal California. The company is executing a transition toward carbon neutrality by 2045, prioritizing grid modernization to accommodate electric vehicles, data centers, and clean firm resources. Financial stability depends on CPUC and FERC ratemaking, with a 2026–2028 authorized ROE of 10.03%. Planned capital expenditures total approximately $40.6 billion through 2030, focused heavily on distribution infrastructure and wildfire mitigation. The primary financial risk is catastrophic wildfire liability, highlighted by the 2017/2018 events and the January 2025 Eaton Fire. EIX mitigates this exposure through the California Wildfire Fund and legislative frameworks under AB 1054 and SB 254. Additional material risks include the multi-decade decommissioning of the San Onofre nuclear generating facility, load departures to Community Choice Aggregators (CCAs), and the increasing threat of cybersecurity attacks on critical grid infrastructure. These factors, combined with the pressure of customer rate affordability, shape the company's ability to recover costs and maintain its credit ratings.
Feb 18, 2026	mda	Edison International’s 2025 net income rose to $4.46 billion, driven by SCE’s core earnings growth and significant non-core recoveries from the TKM and Woolsey wildfire settlements. Core earnings increased to $2.52 billion, supported by the 2025 General Rate Case (GRC) final decision. A critical emerging risk is the January 2025 Eaton Fire; although $1.1 billion in losses were recorded, the company cannot yet estimate the total range of future liabilities. EIX mitigates these risks via a customer-funded self-insurance program and the state Wildfire Fund. SCE projects electricity demand will nearly double by 2045, driving a capital program forecast to reach $9.1 billion annually by 2030, with a focus on distribution grid hardening and the Riverside Transmission Reliability project. Financial stability is anchored by a 2026 authorized ROE of 10.03% and a December 2025 rate base of $48.2 billion. However, S&P downgraded SCE to BBB- with a negative outlook, citing persistent wildfire exposure. Strategically, the company is prioritizing "clean firm resources," such as small modular nuclear reactors and hydrogen, to align with California’s 2045 carbon-neutrality targets and manage the transition toward a more electrified economy.

Filed

Item

Context

Apr 28, 2026

mda_quarterly

Edison International’s first-quarter 2026 core earnings rose slightly to $546 million, although net income decreased to $531 million due to the absence of significant non-core wildfire recoveries seen in 2025. Southern California Edison (SCE) continues an aggressive capital program, forecasting total expenditures between $37.5 billion and $40.6 billion from 2026 to 2030, featuring the Alberhill System Project and a proposed $3.1 billion AMI 2.0 infrastructure upgrade. Wildfire liability remains the primary financial risk. The January 2025 Eaton Fire resulted in $1.3 billion in recorded losses, with SCE expecting recoveries via customer-funded self-insurance ($917 million), the Wildfire Fund ($295 million), and FERC rates ($70 million). However, the company cannot yet estimate the full range of future Eaton Fire losses. Recovery of these and other costs depends on CPUC prudency determinations under California Assembly Bill 1054 and Senate Bill 254. To manage liquidity, SCE maintains a debt-to-total capitalization ratio of 0.57 to 1 and is seeking CPUC approval to issue $2.0 billion in securitized recovery bonds related to the Woolsey Settlement. Additionally, the company is navigating the new corporate alternative minimum tax imposed by the Inflation Reduction Act of 2022.

Feb 18, 2026

business

Edison International is a holding company primarily operating Southern California Edison (SCE), an investor-owned utility providing electricity across Southern, Central, and Coastal California. The company is executing a transition toward carbon neutrality by 2045, prioritizing grid modernization to accommodate electric vehicles, data centers, and clean firm resources. Financial stability depends on CPUC and FERC ratemaking, with a 2026–2028 authorized ROE of 10.03%. Planned capital expenditures total approximately $40.6 billion through 2030, focused heavily on distribution infrastructure and wildfire mitigation. The primary financial risk is catastrophic wildfire liability, highlighted by the 2017/2018 events and the January 2025 Eaton Fire. EIX mitigates this exposure through the California Wildfire Fund and legislative frameworks under AB 1054 and SB 254. Additional material risks include the multi-decade decommissioning of the San Onofre nuclear generating facility, load departures to Community Choice Aggregators (CCAs), and the increasing threat of cybersecurity attacks on critical grid infrastructure. These factors, combined with the pressure of customer rate affordability, shape the company's ability to recover costs and maintain its credit ratings.

Feb 18, 2026

mda

Edison International’s 2025 net income rose to $4.46 billion, driven by SCE’s core earnings growth and significant non-core recoveries from the TKM and Woolsey wildfire settlements. Core earnings increased to $2.52 billion, supported by the 2025 General Rate Case (GRC) final decision. A critical emerging risk is the January 2025 Eaton Fire; although $1.1 billion in losses were recorded, the company cannot yet estimate the total range of future liabilities. EIX mitigates these risks via a customer-funded self-insurance program and the state Wildfire Fund. SCE projects electricity demand will nearly double by 2045, driving a capital program forecast to reach $9.1 billion annually by 2030, with a focus on distribution grid hardening and the Riverside Transmission Reliability project. Financial stability is anchored by a 2026 authorized ROE of 10.03% and a December 2025 rate base of $48.2 billion. However, S&P downgraded SCE to BBB- with a negative outlook, citing persistent wildfire exposure. Strategically, the company is prioritizing "clean firm resources," such as small modular nuclear reactors and hydrogen, to align with California’s 2045 carbon-neutrality targets and manage the transition toward a more electrified economy.

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EIX filing events and research context

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