Forensic Analysis · Electric Utilities · as of Nov 8, 2026

Edison International (EIX)

A forensic read on Edison International built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

C · Mixed — selective

Forensic grade

Clean

Earnings quality

Forensic signals

26.9%

ROE

9.8%

Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Edison International earns a C (Mixed — selective) forensic quality grade. 2 forensic signals were flagged in its latest SEC filings, led by shareholder returns.

What the filings flag

FCF ($715M)

FY2025

Shareholder returns. Returned $1.3B to shareholders (buybacks + dividends) in FY2025, but free cash flow was ($715M) after capex — there was no free cash flow to fund the payout from at all, though operating cash flow alone was $5.8B — 23% of that. Capex and the payout together ran $2.0B past operating cash flow — a harder case than returns merely running ahead of free cash flow, since here there was none to run ahead of. The balance sheet covered it: cash fell $35M and total debt rose $2.4B over FY2025.

6.8%

FY2025

Return on invested capital. Return on invested capital is 6.8% in the latest fiscal year and rising across FY2023–FY2025 from 3.1%. After-tax operating profit was $2.4B in FY2023 and $5.6B in FY2025, with operating income at 16.1% of revenue in FY2023, 16.6% in FY2024 and 36.7% in FY2025. The capital base behind it went from $75.5B in FY2023 to $82.1B in FY2025 (+9%), while the revenue it carried went from $16.3B to $19.3B.

Key fundamentals

Latest Revenue$19.32B

Revenue Growth YoY+9.8%

Revenue CAGR (2yr)+8.7%

Net Margin23.1%

Free Cash Flow-$715.0M

Return on Equity26.9%

Debt / Equity2.16x

The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Edison International's actual 10-K/10-Q/8-K filings?

Generate the AI investment read →

No credit card · informational only, not investment advice · see the track record

← Browse all forensic stock analyses

Data from SEC EDGAR public filings · metrics as of Nov 8, 2026. Forensic signals flag probability, not certainty.

See a wrong number? Report an error with the filing it should match.