Edison International (EIX)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	1,407,000	1,456,000	1,170,000	1,053,000	824,000	1,043,000	820,000	889,000	1,043,000	880,000	889,000	846,000	739,000	356,000	1,115,000	1,189,000	1,284,000	-289,000	-247,000	-363,000
Total stockholders’ equity	US$ in thousands	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	15,649,000	16,446,000	15,544,000	15,496,000	15,353,000	12,913,000	12,719,000
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%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,407,000K ÷ $15,501,000K
= 9.08%

Edison International's Return on Equity (ROE) has shown a positive trend over the quarters, with a gradual increase from 3.21% in Q2 2022 to 7.72% in Q4 2023. This signifies an improvement in the company's profitability in utilizing its shareholders' equity to generate earnings. The consistent upward trajectory of ROE indicates effective management of assets and liabilities, as well as efficient utilization of equity capital to generate profits. Overall, the company's ROE performance reflects a positive outlook on its ability to generate returns for its shareholders.