Edison International (EIX) FY2023 results: revenue $16.3 billion, down 5.1% on the year
Edison International (EIX) reported revenue of $16.3 billion for fiscal 2023, the year ended 31 December 2023, down 5.1% on the year before. Net income was $1.2 billion, up 95.6%, and diluted earnings per share $3.11. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2024.
Revenue
$16.3 billion
-5.1% on the year
FY2016FY2023
Operating margin
16.1%
8.6% a year earlier
FY2016FY2023
Net income
$1.2 billion
+95.6% on the year
FY2016FY2023
Diluted EPS
$3.11
+94.4% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
3,401
3,216
11.0
+5.8%
Capital expenditure
5,448
5,778
5,505
-5.7%
Free cash flow
-2,047
-2,562
-5,494
Free cash flow margin
-12.5%
-14.9%
-36.9%
Cash from investing
-5,233
-5,574
-5,151
Cash from financing
1,447
2,881
5,445
-49.8%
Depreciation and amortisation
2,635
2,633
2,288
+0.1%
Share-based compensation
46.0
42.0
39.0
+9.5%
Buybacks
0.0
0.0
n/a
Dividends paid
1,112
1,050
988
+5.9%
Dividend per share
$2.99
$2.84
$2.69
+5.5%
Diluted shares, weighted
385m
383m
380m
+0.5%
Shares outstanding at period end
384m
382m
380m
+0.4%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
15,501
15,621
15,888
-0.8%
Non-controlling interest
2,443
1,901
1,901
+28.5%
Debt
34,090
31,654
27,601
+7.7%
Operating lease liabilities
1,101
936
1,350
+17.6%
Other liabilities
28,623
27,929
28,005
+2.5%
Total liabilities and equity
81,758
78,041
74,745
+4.8%
Fixed assets
56,084
53,486
50,700
+4.9%
Investments
4,227
5.0
12.0
+84,440.0%
Cash and equivalents
345
914
390
-62.3%
Receivables
2,016
1,695
1,398
+18.9%
Inventory
527
474
420
+11.2%
Other assets
18,559
21,467
21,825
-13.5%
Total assets
81,758
78,041
74,745
+4.8%
10-K for the year ended 31 December 2023, filed 22 February 2024: the filing.