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Edison International EIX Redemption of preferred stock

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Other financials

Income statement

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Revenue$4.1B+7.7%
Operating income$1.1B-49.7%
Net income$531.0M-63.0%
EPS (diluted)$1.37-63.2%

Balance sheet

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Cash & equivalents$771.0M-59.6%
Total debt$39.7B+8.6%
Total equity$17.3B+4.2%
Total assets$94.5B+6.8%

Cash flow

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Operating cash flow$1.4B+16.6%
CapEx$1.5B+9.3%
Free cash flow-$112.0M+39.1%

Valuation

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Market cap$25.87B+22.4%
Enterprise value$64.8B+13.3%
P/E7.3×-0.7×
P/S1.3×+0.1×

Profitability

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Operating margin30.8%+3.0pp
Net margin18.1%+2.4pp
FCF margin-18%0.0pp

Returns & leverage

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Return on equity20.9%+3.8pp
Debt / equity2.3×+0.1×
Current ratio0.7×-0.2×

Where this comes from

Reported directly by Edison International in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfPreferredStockAndPreferenceStock.

The source filing: Edison International’s 10-Q, filed April 28, 2026.

Filed
Apr 28, 2026, 4:09 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000827052-26-000042
(in millions, unaudited)Three months ended March 31, 2026Three months ended March 31, 2025
Long-term debt repaid(1,251)(1)
Short-term debt repaid(432)
Common stock repurchased(26)(29)
Preferred stock repurchased(538)
Commercial paper repayments, net of borrowing(711)(1,687)
Dividends and distribution to noncontrolling interests(27)(34)
Common stock dividends paid(338)(319)
Preferred stock dividends paid(13)(44)

Item 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Edison International's redemption of preferred stock?
Edison International (EIX) reported redemption of preferred stock of $538M in Q1 2026.
What does redemption of preferred stock mean?
Cash used to redeem (buy back) outstanding preferred stock, eliminating future dividend obligations.

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