EIX
Edison International
EIX has the edge over SMR overall, supported by stronger fundamentals and stronger valuation.
SMR
NuScale Power Corporation
SMR's outlook is improving, though it still trails on the overall score.
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.
SMR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Weak | |
| Unavailable |
SMR's revenue, profitability and cash flow are currently weak. There isn't enough data to rate its balance sheet.
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.
SMR PE Valuation
SMR has no meaningful PE right now: it lost money over the past year.
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.
SMR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect SMR's losses to shrink, with revenue growing.
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 has the edge over SMR on earnings quality, reporting a profit while its opponent remains loss making.
SMR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.72 | +$2.14 |
| Q2 2026 | -$2.46 | -$1.27 |
| Q1 2026 | -$2.46 | -$1.09 |
| Q4 2025 | -$2.43 | -$0.96 |
| Q3 2025 | -$2.86 | -$1.91 |
| Q2 2025 | -$1.19 | -$0.16 |
| Q1 2025 | -$1.37 | -$0.52 |
| Q4 2024 | -$1.47 | -$0.67 |
SMR is still losing money, but far less than before: $0.72 per share over the past year, against $2.86 at its worst in late 2025.
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 has the edge over SMR on profitability, with a higher operating margin.
SMR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $281K | -97% |
| Q2 2026 | $75K | -99% |
| Q1 2026 | $565K | -96% |
| Q4 2025 | $1.8M | -95% |
| Q3 2025 | $8.2M | +1635% |
| Q2 2025 | $8.1M | +733% |
| Q1 2025 | $13.4M | +870% |
| Q4 2024 | $34.2M | +651% |
SMR's revenue has slid since its 2024 peak: $281,000 last quarter, down 97% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -23068% | -16535 points |
| Q2 2026 | -85337% | -84802 points |
| Q1 2026 | -10181% | -9917 points |
| Q4 2025 | -4022% | -3988 points |
| Q3 2025 | -6533% | +2103 points |
| Q2 2025 | -535% | +3796 points |
| Q1 2025 | -264% | +2925 points |
| Q4 2024 | -35% | +1524 points |
SMR's operating margin was −23068% last quarter, down 16535 points from the same quarter a year ago, near the bottom of its range since 2022.
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 the stronger cash trend. Its trailing FCF is up 95% versus its history, compared with SMR at down 161%.
SMR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$58.6M | -$25.3M |
| Q1 2026 | -$316.2M | -$293.3M |
| Q4 2025 | -$204.1M | -$177.6M |
| Q2 2025 | -$33.3M | +$2.7M |
| Q1 2025 | -$22.9M | +$10.6M |
| Q4 2024 | -$26.5M | +$46.8M |
| Q3 2024 | -$12.7M | +$15M |
| Q2 2024 | -$36M | +$4.5M |
SMR has burned cash in almost every quarter: −$608M over the past year, against −$95M 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 the edge over SMR on shareholder dilution, with a more favorable share count trend.
| 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.
SMR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +45.9M shares |
| 1 year | +178% | +263M shares |
| 3 years | +448% | +336M shares |
SMR has 410M diluted shares, up 178% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
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.
SMR Net Leverage
SMR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
SMR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.5 | Oversold |
| Stochastic | 8.6 | Oversold |
SMR's weekly RSI is 30 (oversold) and its Stochastic is 9 (oversold).
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.
SMR PE vs Utilities Sector
SMR has no meaningful PE right now: it lost money over the past year.
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 the edge over SMR on trend strength, trading above more of its moving averages.
SMR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.26 | 23% below |
| 20 week MA | $7.88 | 39% below |
| 50 week MA | $11.4 | 58% below |
| 100 week MA | $20.2 | 76% below |
| 200 week MA | $14.4 | 67% below |
SMR is in a downtrend: it's below all five of its weekly moving averages, and 67% 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 the edge over SMR on returns for 2026, with the stronger performance.
SMR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.1 | $10.3 | +1.2% |
| 2021 | $10.3 | $10.1 | -1.9% |
| 2022 | $10.1 | $10.1 | +0.5% |
| 2023 | $10.1 | $3.29 | -67% |
| 2024 | $3.29 | $19.5 | +493% |
| 2025 | $19.5 | $14.9 | -24% |
| 2026 YTD | $14.9 | $4.82 | -68% |
SMR's yearly returns have swung widely, from +493% in 2024 to −67% in 2023. It's down 68% so far in 2026.