Edison International (EIX)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	1,407,000	824,000	925,000	739,000	1,284,000
Revenue	US$ in thousands	16,338,000	17,220,000	14,905,000	13,578,000	12,347,000
Net profit margin		8.61%	4.79%	6.21%	5.44%	10.40%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $1,407,000K ÷ $16,338,000K
= 8.61%

Edison International's net profit margin has fluctuated over the past five years, with a noticeable increase in 2023 compared to the previous years. The net profit margin was 7.33% in 2023, a significant improvement from 3.55% in 2022, but still lower than the 10.40% reported in 2019. This indicates that the company's profitability relative to its revenue has improved in 2023, potentially due to cost management initiatives or revenue growth. However, further analysis is needed to determine the specific factors driving this change in net profit margin.