Edison International (EIX)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,515,000 | 1,570,000 | 1,120,000 | 959,000 | 662,000 | 669,000 | 604,000 | 734,000 | 907,000 | 933,000 | 696,000 | 589,000 | 434,000 | -65,000 | 947,000 | 939,000 | 1,006,000 | -1,283,000 | -1,136,000 | -1,183,000 |
| Revenue (ttm) | US$ in thousands | 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 | 12,347,000 | 12,386,000 | 12,914,000 | 12,917,000 |
| Pretax margin | 9.27% | 9.43% | 6.52% | 5.57% | 3.84% | 4.05% | 3.64% | 4.61% | 6.09% | 6.33% | 4.94% | 4.28% | 3.20% | -0.49% | 7.58% | 7.63% | 8.15% | -10.36% | -8.80% | -9.16% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,515,000K ÷ $16,338,000K
= 9.27%
Edison International's pretax margin has shown a positive trend over the past eight quarters, with an increasing pattern. The Q4 2023 pretax margin of 9.27% is an improvement compared to previous quarters, indicating efficient cost management and revenue generation. The company has managed to steadily enhance its profitability before considering taxes. This trend suggests that the company has been effectively controlling its costs and expenses relative to its revenue, which is a positive sign for stakeholders. Additionally, the consistent improvement in pretax margin demonstrates management's ability to enhance the company's financial performance over time.
Peer comparison
Dec 31, 2023