Edison International (EIX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 99.71% | 100.11% | 100.10% | 100.10% | 100.10% | 99.76% | 99.77% | 99.75% | 99.74% | 100.00% | 100.20% | 100.33% | 100.24% | 100.24% | 100.03% | 98.51% | 99.25% | 99.25% | 99.37% | 100.68% |
| Operating profit margin | 16.08% | 15.62% | 12.02% | 10.71% | 8.61% | 8.10% | 7.56% | 8.40% | 9.91% | 11.20% | 9.94% | 9.56% | 8.96% | 5.30% | 13.81% | 14.01% | 14.38% | -4.46% | -3.48% | -4.10% |
| 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% |
| Net profit margin | 8.61% | 8.75% | 6.81% | 6.12% | 4.79% | 6.31% | 4.94% | 5.59% | 7.00% | 5.97% | 6.32% | 6.15% | 5.44% | 2.66% | 8.93% | 9.66% | 10.40% | -2.33% | -1.91% | -2.81% |
Edison International's profitability ratios show a consistent and strong gross profit margin of 100% across all quarters, indicating efficient management of production costs.
The operating profit margin has shown an upward trend from Q1 2022 to Q4 2023, indicating improved operational efficiency and control over operating expenses. It reached a peak of 20.17% in Q4 2023.
The pretax margin has also shown a favorable trend, increasing from 2.93% in Q2 2022 to 9.27% in Q4 2023. This improvement indicates that the company's profitability before taxes has been strengthening over time.
Similarly, the net profit margin has shown an overall positive trend, showcasing an increase from 3.05% in Q2 2022 to 7.33% in Q4 2023. This suggests that the company has been able to effectively manage its expenses and generate higher profits for its shareholders.
Overall, Edison International's profitability ratios demonstrate a consistent improvement in its operational and financial performance, reflecting positively on its ability to generate profits and create value for its stakeholders.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.21% | 3.24% | 2.59% | 2.34% | 1.90% | 1.75% | 1.67% | 1.79% | 1.98% | 2.26% | 1.97% | 1.86% | 1.75% | 1.04% | 2.57% | 2.61% | 2.76% | -0.86% | -0.76% | -0.90% |
| Return on assets (ROA) | 1.72% | 1.82% | 1.47% | 1.34% | 1.06% | 1.36% | 1.09% | 1.19% | 1.40% | 1.21% | 1.25% | 1.20% | 1.07% | 0.52% | 1.66% | 1.80% | 1.99% | -0.45% | -0.41% | -0.62% |
| Return on total capital | 5.99% | 6.02% | 5.02% | 4.69% | 3.99% | 3.85% | 3.51% | 3.75% | 4.17% | 4.85% | 4.16% | 4.18% | 3.97% | 2.41% | 5.15% | 5.22% | 5.54% | -1.44% | -1.21% | -1.50% |
| Return on equity (ROE) | 9.08% | 9.29% | 7.41% | 6.73% | 5.27% | 6.78% | 5.20% | 5.65% | 6.56% | 5.93% | 5.77% | 5.52% | 5.26% | 2.27% | 6.78% | 7.65% | 8.29% | -1.88% | -1.91% | -2.85% |
Edison International's profitability ratios show consistent improvements in profitability over the quarters. The operating return on assets (Operating ROA) has been steadily increasing from 3.65% in Q1 2023 to 4.03% in Q4 2023, indicating that the company is generating more operating income relative to its total assets. Return on assets (ROA) has also shown an upward trend, reaching 1.46% in Q4 2023 from 0.78% in Q4 2022, demonstrating improved efficiency in asset utilization.
Furthermore, the return on total capital has shown a similar positive trajectory, increasing from 5.89% in Q1 2023 to 6.64% in Q4 2023, suggesting that the company is generating higher returns relative to its total capital employed. The return on equity (ROE) has also exhibited strong growth, rising from 3.71% in Q1 2023 to 7.72% in Q4 2023, indicating that the company is effectively leveraging equity to generate profits for its shareholders.
Overall, the profitability ratios reflect Edison International's ability to enhance operational efficiency, utilize resources effectively, and generate value for its investors.