Edison International Full-Year GAAP EPS Hits $11.58, Guides 5–7% Growth
Edison International posted Q4 2025 GAAP EPS of $4.80 versus $0.88 a year earlier and full-year GAAP EPS of $11.58, with core EPS at $1.86 in Q4 and $6.55 annually. The company guided 2026 core EPS of $5.90–$6.20 and 2027 EPS of $6.25–$6.65, targeting 5–7% annual growth through 2030.
1. Q4 and Full-Year Earnings
Edison International’s Q4 2025 GAAP earnings rose to $4.80 per share from $0.88, driving full-year GAAP EPS of $11.58, while core earnings reached $1.86 in the quarter and $6.55 for the year, up from $1.05 and $4.93 respectively.
2. Regulatory Drivers
Earnings strength was propelled by Southern California Edison’s 2025 General Rate Case decision and lower interest expense from wildfire-related cost recoveries, enhancing earnings visibility and underlining stable regulatory support.
3. 2026–2027 Guidance and Growth Targets
Management set core EPS guidance of $5.90–$6.20 for 2026 and $6.25–$6.65 for 2027, reiterating a compound annual growth target of 5–7% through 2030 following normalization of regulatory boosts.
4. Wildfire Mitigation and Rate Adjustments
The utility has installed over 7,000 miles of covered conductor, representing 90% of its high-risk grid hardening plan, and implemented rate decreases of 2.3% for residential and 5.3% for small businesses, balancing infrastructure investment with customer affordability.