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
Historical costs recovered by SCE
“$11+ billion”
Period
FY2027
Measure
Company-defined measure
Source
Prose
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
• Nearly 3,150 claims submitted, consisting of almost 9,500 individuals, trusts, and legal entities • Nearly 1,500 offers extended to nearly 3,700 claimants, totaling more than $500 million • More than 735 claimants paid, totaling more than $100 million Investigation Status2 Wildfire Recovery Compensation Program Stats3 First $1Bn5 Customer–funded self-insurance Up to remaining capacity of Wildfire Fund Reimbursement from Wildfire Fund1 Above capacity of Wildfire Fund SB 254 provides ability to securitize6
13Edison International | First-Quarter 2026 Earnings Call By end of 2027, SCE will have recovered $11+ billion of historical costs, enhancing its balance sheet and credit metrics 1. Includes ~$3.2 billion recovered through securitization of AB 1054 capital expenditures and TKM authorized costs 2. Reflects request at the time of the application. SCE continues to record capital-related revenue requirements and interest that would also be authorized upon commission approval. For Woolsey securitization, amount reflects costs recovered upfront. Recovery in customer rates of costs to service the bonds takes place over the tenor of the debt at a fixed recovery charge rate. Woolsey Securitization estimate will be further refined as timing and costs of securitization transaction are evaluated 3. Includes approved applications including the 2025 GRC, 2023 WMCE, 2022 WM/VM, Woolsey CEMA, TKM CEMA, and various others account for ~$1.2 billion; also includes pending applications already submitted to the CPUC. Requested revenue requirement shown. Amounts and amortization subject to CPUC approval Note: Numbers may not add due to rounding 0.8 0.4 2.0 $2.8 $0.4 $- Q2–Q4 2026 2027 2028 Rate Recovery3 Woolsey Securitization ~$8.3 billion memo account recovery 2021–1Q20261 ~$3.2 billion securitizations of AB
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.