Edison International (EIX)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,546,000 | 1,407,000 | 824,000 | 925,000 | 871,000 |
| Total stockholders’ equity | US$ in thousands | 15,565,000 | 15,501,000 | 15,621,000 | 15,888,000 | 14,048,000 |
| ROE | 9.93% | 9.08% | 5.27% | 5.82% | 6.20% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,546,000K ÷ $15,565,000K
= 9.93%
Edison International's return on equity (ROE) has shown a fluctuating trend over the past five years. In 2020, the ROE was 6.20%, which decreased slightly to 5.82% in 2021. The trend continued downward in 2022 with an ROE of 5.27%. However, there was a significant improvement in 2023 with the ROE increasing to 9.08%, and this positive momentum continued into 2024 with a ROE of 9.93%. Overall, the fluctuating ROE figures indicate that the company's profitability and efficiency in generating returns for its shareholders have varied over the past five years. Further analysis would be required to understand the specific factors driving these fluctuations and to assess the sustainability of the improving trend seen in 2023 and 2024.
Peer comparison
Dec 31, 2024