Edison International — Apr 28, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000827052-26-000041
Showing in the filing
EIX Consolidated Core EPS
“$6.74–7.14”
Period
FY2028
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 92
Core EPS CAGR for the long term
“5–7%”
Capex plan for FY2026
“~$38–$41 billion”
Five-year capital expenditures plan for the long term
“~$38–$41 billion”
Capital Expenditures CPUC ($ in Billions) for FY2026
“6.5”
Capital Expenditures CPUC ($ in Billions) for FY2028
“6.7”
Capital Expenditures CPUC ($ in Billions) for FY2027
“6.7”
Capital Expenditures FERC ($ in Billions) for FY2028
“0.9”
Capital Expenditures FERC ($ in Billions) for FY2027
“0.9”
Capital Expenditures FERC ($ in Billions) for FY2029
“1.1”
Capital Expenditures FERC ($ in Billions) for FY2030
“1.0”
Capital Expenditures Total ($ in Billions) for FY2026
“$7.3”
Capital Expenditures Total ($ in Billions) for FY2028
“$7.6”
Capital Expenditures Total ($ in Billions) for FY2027
“$7.6”
SCE Rate Base FERC ($ in Billions) for FY2026
“7.6”
Capital Expenditures Total ($ in Billions) for FY2029
“$9.0”
Capital Expenditures Total ($ in Billions) for FY2030
“$9.1”
Capital Expenditures Range Case ($ in Billio… for FY2026
“$7.1”
Capital Expenditures Range Case ($ in Billio… for FY2027
“$7.3”
Capital Expenditures Range Case ($ in Billio… for FY2028
“$7.2”
Capital Expenditures Range Case ($ in Billio… for FY2029
“$8.0”
SCE Rate Base FERC ($ in Billions) for FY2027
“8.0”
Capital Expenditures Range Case ($ in Billio… for FY2030
“$7.9”
Capital Expenditures CPUC ($ in Billions) for FY2029
“7.9”
SCE Rate Base CPUC ($ in Billions) for FY2026
“43.2”
SCE Rate Base CPUC ($ in Billions) for FY2027
“46.4”
SCE Rate Base CPUC ($ in Billions) for FY2028
“49.8”
SCE Rate Base CPUC ($ in Billions) for FY2029
“53.8”
SCE Rate Base CPUC ($ in Billions) for FY2030
“58.4”
SCE Rate Base FERC ($ in Billions) for FY2029
“8.8”
SCE Rate Base FERC ($ in Billions) for FY2030
“9.5”
SCE Rate Base Total ($ in Billions) for FY2027
“$54.4”
SCE Rate Base Total ($ in Billions) for FY2028
“$58.1”
SCE Rate Base Total ($ in Billions) for FY2029
“$62.6”
SCE Rate Base Total ($ in Billions) for FY2030
“$67.9”
SCE Rate Base Range Case ($ in Billions) for FY2029
“$61.7”
SCE Rate Base Range Case ($ in Billions) for FY2030
“$66.1”
SCE EPS for FY2026
“6.81–7.07”
SCE EPS for FY2027
“7.20–7.53”
EIX Parent and Other EPS for FY2026
“(0.91)–(0.87)”
EIX Parent and Other EPS for FY2027
“(0.95)–(0.88)”
Core EIX EPS for FY2026
“$5.90” – “$6.20”
Core EPS for FY2026
“$5.90–6.20”
EIX Consolidated Core EPS for FY2026
“$5.90–6.20”
Core EPS for FY2027
“$6.25–6.65”
EIX Consolidated Core EPS for FY2027
“$6.25–6.65”
Core EPS growth rate position for the long term
“high-end of long-term growth rate range of 5–7%”
Core Earnings per Share for FY2025
“$5.84”
SCE EPS for FY2028
“7.74–8.04”
EIX Parent and Other EPS for FY2028
“(1.00)–(0.90)”
Core EPS for FY2028
“$6.74–7.14”
EIX Consolidated Core EPS for FY2028
“$6.74–7.14”
Core Earnings per Share for FY2030
“$7.45–8.20”
Target Achievable Core EPS for FY2030
“$7.45–8.20”
Capital Plan for the long term
“$38–41”
Financing Plan Uses - Capital Plan ($ in Bil… for the long term
“$38–41”
Dividends for FY2026
“$7–9”
Financing Plan Sources - Dividends ($ in Bil… for FY2026
“$7–9”
Financing Plan Sources - Net cash provided b… for FY2026
“$36–38”
Financing Plan Sources - Incremental Debt ($… for FY2026
“$9–12”
Incremental Debt for FY2026
“$9–12”
Capital program for FY2026
“$38–41 billion”
Dividend payout
“45–55% of SCE core earnings”
Dividend payout target for the long term
“45–55% of SCE core earnings”
Load growth for FY2035
“~30–40%”
Historical costs recovered by SCE for FY2027
“$11+ billion”
SCE Rate Base FERC ($ in Billions) for FY2028
“8.3”
SCE Rate Base Range Case ($ in Billions) for FY2026
“$50.8”
Capital Expenditures FERC ($ in Billions) for FY2026
“0.8”
SCE Rate Base ($ billions) for FY2027
“$54.3–54.4”
SCE Rate Base Range Case ($ in Billions) for FY2027
“$54.3”
SCE Rate Base ($ billions) for FY2028
“$57.7–58.1”
SCE Rate Base Range Case ($ in Billions) for FY2028
“$57.7”
Capital Expenditures CPUC ($ in Billions) for FY2030
“8.1”
Rate Base Mix (CPUC/FERC) for FY2027
“85% / 15%”
Rate Base Mix (CPUC/FERC) for FY2026
“85% / 15%”
Rate Base Mix (CPUC/FERC) for FY2028
“86% / 14%”
Authorized ROEs (CPUC/FERC) for FY2028
“10.03% / 10.30%”
Authorized ROEs (CPUC/FERC) for FY2027
“10.03% / 10.30%”
Authorized ROEs (CPUC/FERC) for FY2026
“10.03% / 10.30%”
Authorized Equity Ratios (CPUC/FERC) for FY2028
“52% / 47.5%”
Authorized Equity Ratios (CPUC/FERC) for FY2027
“52% / 47.5%”
Authorized Equity Ratios (CPUC/FERC) for FY2026
“52% / 47.5%”
TKM/Woolsey Interest Benefit (Core EPS) for FY2028
“~32¢”
TKM/Woolsey Interest Benefit (Core EPS) for FY2027
“~32¢”
TKM/Woolsey Interest Benefit (Core EPS) for FY2026
“~32¢”
SCE Wildfire Debt Rate (Pre-tax) for FY2026
“5.3% weighted average portfolio; incorporates current yield curve, maturities, and financing assumptions”
Equity Issuance ($ millions) for FY2026
“No equity issuance forecasted from 2026–2030”
Share Count (in millions) for FY2028
“385”
Share Count (in millions) for FY2027
“385”
Share Count (in millions) for FY2026
“385”
Basic EIX EPS for FY2026
“$5.86” – “$6.16”
Total Non-Core Items (High) for FY2026
“(0.04)”
Exhibit 99.1 · the passage around this item
… earlier in the release
All tax-effected information on this slide is based on our current combined statutory tax rate of approximately 28%. Totals may not add due to rounding EIX 2028 Core Earnings Per Share Guidance Range 2028 Guidance SCE EPS 7.74–8.04 EIX Parent and Other EPS (1.00)–(0.90) EIX Consolidated Core EPS $6.74–7.14 Share Count (in millions) 385 EIX reaffirms 2028 Core EPS guidance of $6.74–7.14, representing 5–7% growth from 20251
9Edison International | First-Quarter 2026 Earnings Call EIX projects 5–7% Core EPS growth for 2025 to 2030, with no equity needs in financing plan 1. Financing plan is subject to change. Incorporates expected Woolsey securitization 2. EIX Dividends includes common and preferred dividends, which are subject to approval by the EIX Board of Directors 3. Incremental to refinancing of maturities. Values shown include both SCE and parent debt $5.84 $7.45–8.20 Original 2025 Midpoint 2030 Target Achievable EPS growth for 2030 Core Earnings per Share Guidance 5–7% CAGR 2026–2030 EIX consolidated financing plan1 $ in Billions Uses Sources Capital Plan $38–41 Dividends2 $7–9 Net cash provided by operating activities $36–38 Incremental Debt3 $9–12
10Edison International | First-Quarter 2026 Earnings Call Rate base and EPS growth aligned with grid safety, reliability, and customer affordability 1. Compound annual growth rate (CAGR) based on starting point of $5.84 2. Based on EIX stock price on April 27, 2026 3. Relative to 2025 5–7% Core EPS CA
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.