Edison International (EIX)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 15,565,000 | 15,663,000 | 15,424,000 | 15,172,000 | 15,501,000 | 15,670,000 | 15,793,000 | 15,648,000 | 15,621,000 | 15,392,000 | 15,774,000 | 15,731,000 | 15,888,000 | 14,841,000 | 15,412,000 | 15,322,000 | 14,048,000 | 13,748,000 | 14,253,000 | 13,351,000 |
| ROE | 9.62% | 9.64% | 7.42% | 7.21% | 9.08% | 9.29% | 7.41% | 6.40% | 4.95% | 5.37% | 3.82% | 4.32% | 5.05% | 5.43% | 5.59% | 5.62% | 5.59% | 2.92% | 7.82% | 8.91% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,497,000K ÷ $15,565,000K
= 9.62%
Edison International's return on equity (ROE) has displayed some fluctuations over the periods examined. The ROE started at 8.91% as of March 31, 2020, decreased to 2.92% by September 30, 2020, and then showed a slight recovery to 5.59% by December 31, 2020.
From March 31, 2021, to June 30, 2022, the ROE remained relatively stable in the range of 5.05% to 4.32%. However, there was a noticeable increase in ROE to 9.29% by September 30, 2023, indicating a significant improvement in the company's profitability.
In the subsequent quarters, the ROE continued to rise consistently, reaching 9.62% by December 31, 2024. This upward trend suggests that Edison International has been effectively utilizing its equity to generate higher returns for its shareholders.
Overall, the ROE performance of Edison International reflects a mix of periods of stability and improvement, indicating the company's ability to generate profits from the equity invested in the business. Further analysis of the company's financial and operational strategies would be necessary to understand the factors driving these fluctuations in ROE.
Peer comparison
Dec 31, 2024