EIX
Edison International
EIX's fundamentals are mixed, but it looks cheap: trading at 6.4x earnings, less than half its usual 26x. Analysts expect earnings growth.
EIX Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| Under pressure | |
| Weak |
EIX's profitability is currently strong, but its revenue, cash flow and balance sheet are under pressure.
EIX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 6.4x | $59.99 | — |
| Cheap | 8x | $74.85 | +25% |
| Forward | 9.3x | $59.99 | — |
| Fair | 26x | $241 | +302% |
| Expensive | 35x | $333 | +455% |
Historical ranges are pointers, not guarantees.
EIX's PE is in its cheap range at 6.4x. On analysts' estimates for next year's earnings, today's price would be 9.3x.
EIX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect EIX's earnings to grow and its profitability to improve, with its revenue holding steady.
EIX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.43 | -32% |
| Q3 2026 | $9.40 | +23% |
| Q2 2026 | $9.69 | +42% |
| Q1 2026 | $9.20 | +30% |
| Q4 2025 | $11.55 | +249% |
| Q3 2025 | $7.66 | +125% |
| Q2 2025 | $6.82 | +175% |
| Q1 2025 | $7.06 | +211% |
| Q4 2024 | $3.31 | +6.4% |
EIX's earnings per share have climbed steadily: $9.40 over the past year, up 23% from the year before, and higher year over year for nine quarters in a row.
EIX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.9B | -15% |
| Q2 2026 | $4.4B | -4.1% |
| Q1 2026 | $4.1B | +7.7% |
| Q4 2025 | $5.2B | +31% |
| Q3 2025 | $5.8B | +11% |
| Q2 2025 | $4.5B | +4.8% |
| Q1 2025 | $3.8B | -6.5% |
| Q4 2024 | $4B | +7.5% |
EIX's revenue fell from its 2025 peak and has held roughly level since: $4.9B last quarter, down 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | -4.8 points |
| Q2 2026 | 25% | +8 points |
| Q1 2026 | 26% | -30 points |
| Q4 2025 | 53% | +33 points |
| Q3 2025 | 25% | +5.8 points |
| Q2 2025 | 17% | -3.7 points |
| Q1 2025 | 56% | +50 points |
| Q4 2024 | 20% | -1.5 points |
EIX's operating margin was 20% last quarter, down 4.8 points from the same quarter a year ago.
EIX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $875M | +42% |
| Q2 2026 | -$576M | +$254M |
| Q1 2026 | -$112M | +$72M |
| Q4 2025 | -$319M | +$7M |
| Q3 2025 | $618M | -36% |
| Q2 2025 | -$830M | +$262M |
| Q1 2025 | -$184M | +$52M |
| Q4 2024 | -$326M | +$276M |
EIX has burned cash in almost every quarter: −$132M over the past year, against −$722M the year before.
EIX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.3% | +1M shares |
| 3 years | +0.5% | +2M shares |
| 5 years | +1.8% | +7M shares |
| Available history | +13% | +46M shares |
EIX has 387M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $12M |
| Q2 2026 | $4M |
| Q1 2026 | $26M |
| Q4 2025 | — |
| Q3 2025 | $3M |
| Q2 2025 | — |
| Q1 2025 | $29M |
EIX spent $42M buying back its own shares over the past year.
EIX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.5x | High |
| Q2 2026 | 4.4x | High |
| Q1 2026 | 4.4x | High |
| Q4 2025 | 3.9x | Elevated |
| Q3 2025 | 4.6x | High |
| Q2 2025 | 5.0x | High |
| Q1 2025 | 4.8x | High |
| Q4 2024 | 6.2x | High |
EIX's net debt is about 4.5 years of its operating earnings (EBITDA), about the same as a year ago.
EIX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.8 | Neutral |
| Stochastic | 31.5 | Neutral |
EIX's weekly RSI is 44 (neutral) and its Stochastic is 31 (neutral).
EIX PE vs Utilities Sector
| Metric | EIX | Sector median | Relative |
|---|---|---|---|
| PE | 6.4x | 20x | 69% below |
| PE % | 5 | 44 | 39 pts below |
EIX is trading at 6.4x earnings, a 69% discount to the Utilities sector's median of 20x.
EIX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $56.7 | 5.9% above |
| 20 week MA | $64.2 | 6.6% below |
| 50 week MA | $66.6 | 9.9% below |
| 100 week MA | $61.7 | 2.7% below |
| 200 week MA | $67.1 | 11% below |
EIX has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 11% below its 200-week average.
EIX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $75.2 | $62.2 | -17% |
| 2021 | $62.2 | $67.7 | +8.8% |
| 2022 | $67.7 | $65.2 | -3.7% |
| 2023 | $65.2 | $71.5 | +9.7% |
| 2024 | $71.5 | $79.8 | +12% |
| 2025 | $79.8 | $59.5 | -25% |
| 2026 YTD | $59.5 | $60.0 | +0.8% |
EIX has finished lower in three of the last six years. It's up 0.8% so far in 2026.