Edison International (EIX)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,563,000 | 1,640,000 | 1,184,000 | 1,076,000 | 1,515,000 | 1,570,000 | 1,120,000 | 959,000 | 662,000 | 551,000 | 486,000 | 616,000 | 789,000 | 959,000 | 768,000 | 691,000 | 566,000 | 71,000 | 1,068,000 | 1,060,000 |
| Revenue (ttm) | US$ in thousands | 17,599,000 | 17,321,000 | 16,822,000 | 16,450,000 | 16,338,000 | 16,648,000 | 17,174,000 | 17,218,000 | 17,220,000 | 16,535,000 | 16,606,000 | 15,913,000 | 14,905,000 | 14,731,000 | 14,076,000 | 13,748,000 | 13,578,000 | 13,391,000 | 12,488,000 | 12,313,000 |
| Pretax margin | 8.88% | 9.47% | 7.04% | 6.54% | 9.27% | 9.43% | 6.52% | 5.57% | 3.84% | 3.33% | 2.93% | 3.87% | 5.29% | 6.51% | 5.46% | 5.03% | 4.17% | 0.53% | 8.55% | 8.61% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,563,000K ÷ $17,599,000K
= 8.88%
The pretax margin of Edison International has shown some fluctuations over the past few years, ranging from a low of 0.53% in September 2020 to a high of 9.47% in September 2024. The pretax margin measures the percentage of revenue that remains as profit before taxes are deducted, indicating the company's efficiency in generating profits from its operations.
It is noteworthy that the pretax margin experienced a significant improvement from 2020 to 2021, increasing from 0.53% in September 2020 to 6.51% in September 2021. This upward trend continued until September 2023, reaching a peak of 9.43%. However, there was a slight decline in the pretax margin to 8.88% by December 2024.
Overall, although there have been fluctuations in the pretax margin, particularly in the initial years of the analyzed period, Edison International managed to improve its profitability significantly in the later years, achieving relatively strong pretax margins. This indicates the company's ability to effectively manage costs and generate profits before taxes, suggesting a positive outlook for its financial performance.
Peer comparison
Dec 31, 2024