Edison International

What does Edison International own?

Edison International owns Southern California Edison, one of the nation's largest electric utilities serving about 15 million people across 50,000 square miles of Central and Southern California, plus the small Edison Energy advisory business. SCE is essentially the whole company.

Is Edison International publicly traded?

Yes. Edison International trades on the NYSE under ticker EIX and is an S&P 500 component. It formed as a holding company in 1987 to own SCE and other businesses.

Who founded Edison International?

Edison International was formed as a corporate holding company in 1987 rather than founded in the entrepreneurial sense. Its principal subsidiary, Southern California Edison, traces to the Edison Electric Company of Los Angeles, established in 1886.

Where is Edison International headquartered?

Edison International is headquartered in Rosemead, California, in Los Angeles County. SCE operates from the same campus, serving customers across Central and Southern California.

How many brands does Edison International own?

Edison International operates primarily through one utility brand, Southern California Edison, plus the residual Edison Energy advisory business. The holding company has no consumer-facing brands beyond SCE.

Who owns Edison International?

Edison International is publicly owned, with shares distributed among institutional investors and index funds led by Vanguard, BlackRock, and State Street. No single investor controls the company.

What were Edison International's 2025 results?

For 2025 Edison International reported operating revenue of $19.3 billion, net income of $4.5 billion or $11.58 per share including $2.96 billion in wildfire claim recoveries, and core earnings of $2.5 billion or $6.55 per share, above guidance. SCE's rate base reached $48.2 billion.

Southern California Edison's roots reach to 1886, when the Edison Electric Company of Los Angeles began operating one of the first electric utilities in the American West. The company consolidated regional lighting and power operations as Southern California Edison, building hydroelectric and thermal generation plus transmission across the region's explosive growth.

Edison International was formed as a holding company in 1987 to allow diversification beyond the regulated utility, spawning a series of non-regulated businesses including Mission Energy generation and Edison Capital. The 1998-2001 California energy crisis hit hard, forcing SCE through a near-bankruptcy from which it recovered under a state settlement.

The modern era is defined by wildfires. The 2017 Thomas Fire and 2018 Woolsey Fire, both linked to utility equipment, produced billions in claims and drove California's AB 1054 wildfire fund legislation, which capped utility liability in exchange for safety investment. Subsequent events, including the catastrophic 2025 Eaton Fire in Los Angeles County, kept wildfire liability and grid hardening at the center of the company's story. SCE has installed more than 7,000 miles of covered conductor in high-fire-risk areas, over 90 percent of its planned grid hardening program.

Under CEO Pedro Pizarro, who joined Edison International in 1999 and became CEO in 2016, the company has leaned into a decarbonization and electrification strategy aligned with California's climate goals while managing the wildfire liabilities that dominate its financial profile. The 2025 results reflected progress: core EPS of $6.55 above guidance, completing a multi-year EPS growth target, plus a 2.3 percent residential rate decrease announced for customers.

Edison International publishes an annual sustainability report detailing its decarbonization strategy, which targets a net-zero grid by 2045 aligned with California law, covering clean energy procurement, transportation and building electrification, and the wildfire mitigation program that is its most material environmental and safety commitment.

SCE's wildfire mitigation, including covered conductor installation, fast-acting fuses, high-definition cameras, and public safety power shutoffs, is the centerpiece of its environmental and social responsibility, directly addressing the existential risk that defines the company's public profile.

Edison International's public profile is dominated by wildfire liability, the defining controversy of California utilities. The 2017 Thomas Fire and 2018 Woolsey Fire produced billions in claims against SCE equipment, and the catastrophic January 2025 Eaton Fire in Los Angeles County, one of the deadliest and most destructive in state history, has been alleged to involve SCE transmission equipment, generating massive litigation that the company is contesting while making payments through its Wildfire Recovery Compensation Program.

The company's 2025 reported earnings included $2.96 billion in wildfire/mudslide claim recoveries against past liabilities, illustrating the scale of the claims environment it operates within. Beyond wildfire, it faces the routine scrutiny of California utility rate cases, where consumer advocates contest its authorized returns.