| Market Capitalization (Millions $) |
19,796 |
| Shares
Outstanding (Millions) |
386 |
| Employees |
14,013 |
| Revenues (TTM) (Millions $) |
17,332 |
| Net Income (TTM) (Millions $) |
2,986 |
| Cash Flow (TTM) (Millions $) |
621 |
| Capital Exp. (TTM) (Millions $) |
5,836 |
Edison International
Company Profile: Edison International
Incorporation Date: April 20, 1987
Location: Rosemead, California
Type: Public Utility Holding Company
Overview:
Edison International is a leading energy company incorporated under the laws of California, primarily functioning as the parent holding company of Southern California Edison (SCE), one of the largest utility providers in the western United States. The company focuses on delivering reliable power while pursuing innovations and sustainable practices to meet the diverse needs of its customers.
Core Operations:
1. Southern California Edison (SCE):
SCE is the principal subsidiary of Edison International, providing electric service to millions of customers across central and southern California. The utility has been at the forefront of renewable energy integration and grid modernization efforts.
2. Nonutility Companies:
Edison International also owns and manages several nonutility subsidiaries, contributing to its diversified portfolio. Key entities include:
- Edison Mission Energy (EME): Focused on owning, leasing, and operating electric power generation facilities globally, EME is involved in energy trading and price risk management activities, contributing to market efficiency and energy security.
- MidAmerican Energy Holdings Company (MEHC): This subsidiary holds the common stock of EME and plays a pivotal role in the investment strategy of Edison International.
- Edison Capital: Engaged in investment activities, Edison Capital invests in various energy and infrastructure projects around the world, as well as affordable housing initiatives within the United States.
Sustainability Vision:
Edison International is committed to sustainability and innovation in the energy sector. The company aims to lead efforts in reducing greenhouse gas emissions, enhancing energy efficiency, and developing renewable energy sources to foster a cleaner energy future. The companys strategic initiatives focus not only on meeting regulatory requirements but also on responding to the growing demand for clean energy solutions.
Financial Performance:
Edison International's financial structure is bolstered by its diversified subsidiaries. The company continues to attract investment due to its stable revenue generation from SCE, combined with growth opportunities available within its nonutility divisions.
Conclusion:
With a strong focus on sustainability, reliability, and customer service, Edison International continues to play a vital role in the energy landscape of California and beyond. The companys commitment to innovation, environmental stewardship, and community engagement positions it for long-term success in an evolving energy market.
Company Address: 2244 Walnut Grove Avenue Rosemead 91770 CA
Company Phone Number: 302-2222 Stock Exchange / Ticker: NYSE EIX
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