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Edison International

EIX on NYSE. Electric services. Market value $20.9bn.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.

Should I look at this?

Not a fit for our list right now

Why it could be worth it

What to watch out for

See Utilities stocks that passed both tests

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
past 12 months to June 2026
-1.9%low

For every $100 of what the whole company costs, it produced $-1.86 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to June 2026
9.9×cheap

You pay 9.9 years of operating profit for the business. The average large US company costs around 18.

Return on capital
five annual reports to December 2025
4.2%five-year median

Each dollar kept in the business earns 4 cents a year. Above 10 is good.

Quality score: 52 of 100. Price score: 66 of 100. Our list needs 70 on quality and 60 on price.

$54.25 a share, 6% above its 1-year low

Over the past year the price has ranged from $51.10 to $81.62.

Dividend: 6.1% a year

Paid every year for at least 5 years

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

-5.5
-2.6
-2.0
-0.7
-0.7
-0.4
2021202220232024202512 monthsto Jun '26

Spare cash swings from quarter to quarter here: a shortfall of $389 million in the past 12 months, a shortfall of $715 million in the year to December 2025.

Revenue
$14.9bn$17.2bn$16.3bn$17.6bn$19.3bn
Operating margin
9.9%8.6%16.1%16.6%36.7%
Debt to equity
1.742.032.202.352.30
Shares outstanding
0.38bn0.38bn0.39bn0.38bn0.38bn

Health checks

  • Free cash flow positive0 of 5 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)5 of 8 checks we could run
  • Profit backed by cash (accruals)Yes
  • Debt2.30× equity
  • Revenue growth, five yearsSlow, 7.3% a year
  • Buying back its own sharesRoughly flat

The quarter to June 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $4.4 billion last quarter, down 4% on a year ago.
  • Profit: $534 million, up 56% on a year ago.
  • It keeps 33 cents of each $1 of sales as operating profit, up from 27 cents a year earlier.
  • Over the past 12 months it spent $389 million more cash than it brought in, compared with $379 million a year earlier.
  • About the same number of shares as a year ago.
  • Debt is $42.2 billion more than cash, up from $38.2 billion a year ago.
  • Sales grew on a year ago in 3 of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
September 2024$5.2bn
December 2024$4.0bn
March 2025$3.8bn
June 2025$4.5bn
September 2025$5.8bn
December 2025$5.2bn
March 2026$4.1bn
June 2026$4.4bn
Profit by quarter
Profit by quarter
Quarter toAmount
September 2024$516m
December 2024$340m
March 2025$1.4bn
June 2025$343m
September 2025$832m
December 2025$1.8bn
March 2026$531m
June 2026$534m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
27 October 2026
Last annual report (10-K)
18 February 2026
Next quarterly (estimated, 10-Q)
29 October 2026

Who owns it

4 long-term investors we follow own it, unchanged from 4 last quarter. 1,076 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

4 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 3 sold $820,465, $112,620 of it under preset trading plans.

  • Taylor Peter J.
    Director
    Sold
    under a preset trading plan
    Date
    13 July 2026
    Shares
    500
    Price
    $75.40
    Value
    $37,700
  • Taylor Peter J.
    Director
    Sold
    under a preset trading plan
    Date
    13 April 2026
    Shares
    500
    Price
    $75.30
    Value
    $37,650
  • Anderson Jill Charlotte
    EXECUTIVE VICE PRESIDENT, SCE
    Sold
    Date
    2 March 2026
    Shares
    2,111
    Price
    $74.55
    Value
    $157,375
  • Taylor Peter J.
    Director
    Sold
    under a preset trading plan
    Date
    2 March 2026
    Shares
    500
    Price
    $74.54
    Value
    $37,270
  • Anderson Jill Charlotte
    EXECUTIVE VICE PRESIDENT, SCE
    Sold
    Date
    27 February 2026
    Shares
    4,774
    Price
    $74.72
    Value
    $356,713
  • Bowman Erica S
    VICE PRESIDENT
    Sold
    Date
    23 February 2026
    Shares
    1,276
    Price
    $73.88
    Value
    $94,271
  • Taylor Peter J.
    Director
    Sold
    Date
    30 October 2025
    Shares
    1,800
    Price
    $55.27
    Value
    $99,486

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 18 Feb 2026, plus the 10-Q filed 30 Jul 2026 and 9 later 8-Ks.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

  • It carries a lot of debt: 2.3× its equity.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
Create a free account to run it

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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.