Edison International (EIX)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,497,000 | 1,510,000 | 1,145,000 | 1,094,000 | 1,407,000 | 1,456,000 | 1,170,000 | 1,002,000 | 773,000 | 826,000 | 603,000 | 680,000 | 803,000 | 806,000 | 861,000 | 861,000 | 785,000 | 402,000 | 1,115,000 | 1,189,000 |
| Total assets | US$ in thousands | 85,579,000 | 84,749,000 | 84,818,000 | 83,599,000 | 81,758,000 | 80,164,000 | 79,551,000 | 78,854,000 | 78,041,000 | 76,709,000 | 75,045,000 | 74,720,000 | 74,745,000 | 73,023,000 | 71,162,000 | 70,505,000 | 69,372,000 | 68,556,000 | 67,051,000 | 66,026,000 |
| ROA | 1.75% | 1.78% | 1.35% | 1.31% | 1.72% | 1.82% | 1.47% | 1.27% | 0.99% | 1.08% | 0.80% | 0.91% | 1.07% | 1.10% | 1.21% | 1.22% | 1.13% | 0.59% | 1.66% | 1.80% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,497,000K ÷ $85,579,000K
= 1.75%
Edison International's return on assets (ROA) has shown fluctuations over the past few years. The ROA was at its highest in the first quarter of 2020 at 1.80% and then experienced a decrease in the following quarters. Subsequently, the ROA improved in the first quarter of 2021 but fluctuated around the 1.20% range throughout 2021 and 2022.
In the first quarter of 2023, there was a notable increase in ROA to 1.27%, followed by a further increase in the second quarter of 2023 to 1.47%. This upward trend continued, reaching a peak of 1.78% in the third quarter of 2024. However, by the end of 2024, the ROA slightly decreased to 1.75%.
Overall, although the ROA has displayed variability, it generally trended upwards from 2023 to 2024, indicating an improvement in the company's ability to generate profits from its assets. Further analysis would be needed to understand the factors driving these changes and to assess the company's performance more comprehensively.
Peer comparison
Dec 31, 2024