Edison International (EIX) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2244 WALNUT GROVE AVE, ROSEMEAD, CA 91770 |
| State of Incorp. | CA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4911 - Electric Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 345 | 914 | 390 | 87 | 68 | 144 | |||
| Cash and cash equivalents | 345 | 914 | 390 | 87 | 68 | 144 | |||
| Restricted cash and investments | 35 | 3 | 4 | 2 | 2 | 8 | |||
| Receivables | 2,758 | 2,336 | 2,192 | 2,427 | 788 | 730 | |||
| Inventory, net of allowances, customer advances and progress billings | 527 | 474 | 420 | 405 | 364 | 282 | |||
| Inventory | 527 | 474 | 420 | 405 | 364 | 282 | |||
| Prepaid expense | 112 | 248 | 258 | 281 | 214 | 148 | |||
| Derivative instruments and hedges, assets | 81 | 171 | |||||||
| Regulatory asset | 2,524 | 2,497 | 1,778 | 1,314 | 1,009 | 1,133 | |||
| Other current assets | 341 | 397 | 249 | 224 | 107 | 78 | |||
| Other undisclosed current assets | 169 | 201 | 200 | 321 | 927 | 665 | |||
| Total current assets: | 6,811 | 7,070 | 5,491 | 5,061 | 3,560 | 3,359 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,221 | 1,442 | 1,932 | 1,088 | 693 | ✕ | |||
| Nontrade receivables | 501 | 465 | 75 | 75 | |||||
| Property, plant and equipment | 56,084 | 53,486 | 50,700 | 47,839 | 44,285 | 41,348 | |||
| Long-term investments and receivables | 54 | 57 | 173 | 53 | 64 | 63 | |||
| Long-term investments | 54 | 55 | 51 | 53 | 64 | 63 | |||
| Accounts and financing receivable, after allowance for credit loss | 2 | 122 | |||||||
| Regulated entity, other noncurrent assets | 8,897 | 8,359 | 7,813 | 7,120 | 6,088 | 5,380 | |||
| Restricted cash and investments | 152 | ||||||||
| Other noncurrent assets | 2,066 | 1,237 | 1,485 | 860 | 2,363 | 2,445 | |||
| Other undisclosed noncurrent assets | 5,972 | 5,925 | 7,076 | 7,276 | 7,329 | 4,120 | |||
| Total noncurrent assets: | 74,947 | 70,971 | 69,254 | 64,311 | 60,822 | 53,356 | |||
| TOTAL ASSETS: | 81,758 | 78,041 | 74,745 | 69,372 | 64,382 | 56,715 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,983 | 2,359 | 2,002 | 1,980 | 1,752 | 1,532 | |||
| Taxes payable | ✕ | ✕ | ✕ | 21 | |||||
| Accounts payable | 1,983 | 2,359 | 2,002 | 1,980 | 1,752 | 1,511 | |||
| Accrued liabilities | |||||||||
| Debt | 3,774 | 4,629 | 3,431 | 2,398 | 630 | 799 | |||
| Regulatory liability | 763 | 964 | 603 | 569 | 972 | 1,532 | |||
| Other liabilities | 1,751 | 1,601 | 1,667 | 1,612 | 1,388 | 1,233 | |||
| Other undisclosed current liabilities | 327 | 794 | 906 | 3,718 | 781 | 299 | |||
| Total current liabilities: | 8,598 | 10,347 | 8,609 | 10,277 | 5,523 | 5,395 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 30,316 | 27,025 | 25,520 | 20,505 | 18,477 | 14,632 | |||
| Long-term debt, excluding current maturities | 30,316 | 27,025 | 24,170 | 19,632 | 17,864 | 14,632 | |||
| Liabilities, other than long-term debt, including: | 24,900 | 23,147 | 21,094 | 20,360 | 20,318 | 14,791 | |||
| Asset retirement obligations | 2,666 | 2,754 | 2,772 | 2,930 | 3,029 | 3,031 | |||
| Deferred income tax liabilities | 6,672 | 6,149 | 5,740 | 5,368 | 5,078 | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 415 | 422 | 496 | 563 | 674 | 869 | |||
| Regulatory liability | 9,420 | 8,211 | 8,981 | 8,589 | 8,385 | 8,329 | |||
| Other liabilities | 3,258 | 2,988 | 3,105 | 2,910 | 3,152 | 2,562 | |||
| Operating lease, liability | 1,101 | 936 | 1,350 | 873 | 613 | ✕ | |||
| Other undisclosed liabilities, other than long-term debt | 1,368 | 1,687 | |||||||
| Other undisclosed noncurrent liabilities | 1,733 | 2,281 | 4,568 | 9,245 | |||||
| Total noncurrent liabilities: | 55,216 | 50,172 | 48,347 | 43,146 | 43,363 | 38,668 | |||
| Total liabilities: | 63,814 | 60,519 | 56,956 | 53,423 | 48,886 | 44,063 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 15,501 | 15,621 | 15,888 | 8,086 | 8,313 | 7,914 | |||
| Accumulated other comprehensive loss | (9) | (11) | (54) | (69) | (69) | (50) | |||
| Retained earnings | 7,499 | 7,454 | 7,894 | 8,155 | 8,382 | 7,964 | |||
| Other undisclosed equity, attributable to parent | 8,011 | 8,178 | 8,048 | ||||||
| Other undisclosed equity | 2,443 | 1,901 | 1,901 | 7,863 | 7,183 | 4,738 | |||
| Total equity: | 17,944 | 17,522 | 17,789 | 15,949 | 15,496 | 12,652 | |||
| TOTAL LIABILITIES AND EQUITY: | 81,758 | 78,041 | 74,745 | 69,372 | 64,382 | 56,715 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 16,338 | 17,220 | 14,905 | 13,578 | 12,347 | 12,657 | ||
| Cost of revenue | (13,711) | (15,737) | (13,428) | (12,529) | (10,465) | (13,219) | ||
| Gross profit: | 2,627 | 1,483 | 1,477 | 1,049 | 1,882 | (562) | ||
| Operating expenses | 168 | (107) | 10 | |||||
| Other operating expense, net | (1) | (54) | (71) | |||||
| Other undisclosed operating income | 1 | 54 | 71 | |||||
| Operating income (loss): | 2,627 | 1,483 | 1,477 | 1,217 | 1,775 | (552) | ||
| Nonoperating income | 500 | 348 | 237 | 251 | 193 | 197 | ||
| Loss from catastrophes | (667) | (1,313) | (1,276) | |||||
| Public utilities, allowance for funds used during construction, additions | 157 | 137 | 118 | |||||
| Other nonoperating income | 251 | 193 | 197 | |||||
| Interest and debt expense | (1,612) | (1,169) | (925) | (902) | (841) | (734) | ||
| Income (loss) from continuing operations before income taxes: | 1,515 | 662 | 789 | 566 | 1,127 | (1,089) | ||
| Income tax expense (benefit) | (108) | 162 | 136 | 305 | 278 | 739 | ||
| Income (loss) from continuing operations: | 1,407 | 824 | 925 | 871 | 1,405 | (350) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 925 | 871 | 1,405 | (316) | |
| Income from discontinued operations | 34 | |||||||
| Net income (loss): | 1,407 | 824 | 925 | 871 | 1,405 | (316) | ||
| Net income attributable to noncontrolling interest | 14 | |||||||
| Other undisclosed net loss attributable to parent | (132) | (121) | ||||||
| Net income (loss) attributable to parent: | 1,407 | 824 | 925 | 739 | 1,284 | (302) | ||
| Preferred stock dividends and other adjustments | (87) | (105) | ||||||
| Undistributed earnings (loss) allocated to participating securities, basic | (123) | |||||||
| Other undisclosed net loss available to common stockholders, basic | (107) | (166) | (121) | |||||
| Net income (loss) available to common stockholders, basic: | 1,197 | 612 | 759 | 739 | 1,284 | (423) | ||
| Dilutive securities, effect on basic earnings per share | 1 | 1 | 1 | |||||
| Other undisclosed net loss available to common stockholders, diluted | (34) | |||||||
| Net income (loss) available to common stockholders, diluted: | 1,198 | 613 | 760 | 739 | 1,284 | (457) | ||
Comprehensive Income ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,407 | 824 | 925 | 871 | 1,405 | (316) | ||
| Other comprehensive income (loss) | 2 | 43 | 15 | (9) | (7) | |||
| Comprehensive income (loss): | 1,409 | 867 | 940 | 871 | 1,396 | (323) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (123) | (107) | (106) | (132) | (121) | (107) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,286 | 760 | 834 | 739 | 1,275 | (430) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.