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Edison International — Apr 28, 2026 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000827052-26-000041
Open on SEC.gov ↗
Showing in the filing
Share Count (in millions)
“385”
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
SCE non-core items are tax-affected at an estimated statutory rate of approximately 28%; wildfire claims insured by EIS are tax-affected at the federal statutory rate of 21% Reconciliation of EIX GAAP Earnings to EIX Core Earnings Net Income (Loss) Available to Edison International, $ in Millions   16Edison International | First-Quarter 2026 Earnings Call Q1 2026 Q1 2025 Basic EPS 1.38$ 3.73$ Non-Core Items SCE Wildfire-related recoveries, net of claims and expenses 0.03 3.51 Wildfire Fund expense (0.09) (0.09) Income tax benefit (expense)2 0.02 (0.96) Subtotal SCE (0.04) 2.46 EIX Parent & Other Changes to wildfire claims and expenses insured by EIS — (0.13) Income tax benefit2 — 0.03 Subtotal EIX Parent & Other — (0.10) Less: Total non-core items (0.04) 2.36 Core EPS 1.42$ 1.37$ EIX Core EPS Non-GAAP Reconciliations 1. EPS is based on weighted-average share count of 385 million for both 2026 and 2025 2. SCE non-core items are tax-affected at an estimated statutory rate of approximately 28%; wildfire claims insured by EIS are tax-affected at the federal statutory rate of 21% Reconciliation of EIX Basic Earnings Per Share to EIX Core Earnings Per Share EPS Available to Edison International1   17Edison International | First-Quarter 2026 Earnings Call Low High Basic EIX EPS $5.86 $6.16 Total Non-Core Items1 (0.04) (0.04) Core EIX EPS $5.90 $6.20 1. Non-core items are presented as they are recorded Earnings Per Share Non-GAAP Reconciliations Reconciliation of EIX Basic Earnings Per Share Guidance to EIX Core Earnings Per Share Guidance 2026 EPS Available to Edison International   18Edison International | First-Quarter 2026 Earnings Call Use of Non-GAAP Financial Measures EIX Investor Relations Contact Sam Ramraj, Vice President Derek Matsushima, Principal Manager (626) 302-2540 (626) 302-3625 Sam.Ramraj@edisonintl.com Derek.Matsushima@edisonintl.com Edison International's earnings and basic earnings per share (EPS) are prepared in accordance with generally accepted accounting principles used in the United States. Management
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.