Edison International (EIX)
Edison International operates in the Regulated Electric industry of the Utilities sector, headquartered in Rosemead, CA, US. The stock last traded at $68.83, down 1.52% on the session, giving a market capitalisation of $26.49B. On trailing twelve-month figures it carries a trailing P/E of 7.07, a net margin of 19.8%. Its beta of 0.65 implies it has historically moved less than the broad market.
Headquartered in Rosemead, California, and established in 1886, Edison International primarily operates through its subsidiaries to produce and supply electrical power. This utility company furnishes electricity to a vast client base of around 15 million, encompassing homes, businesses, industrial sites, governmental bodies, and agricultural enterprises throughout Southern, Central, and Coastal California. Beyond power delivery, Edison International also offers bespoke energy solutions tailored for its commercial and industrial clientele. Its extensive infrastructure includes a robust transmission network featuring lines that range from 55 kV to 500 kV, alongside numerous substations. The company's distribution system is equally substantial, comprising approximately 39,000 circuit-miles of overhead cabling, roughly 31,000 circuit-miles of underground lines, and 800 distribution substations.
Edison International is most often compared with the following Utilities names: