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Edison International — Jul 30, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000827052-26-000058
Open on SEC.gov ↗
Showing in the filing
Grid hardening completion (GRC-approved)
“970 miles”
Period
FY2028
Measure
Company-defined measure
Source
Prose
All guidance in this release · 108
Core EPS CAGR for the long term
“5–7%”
Grid hardening completion (GRC-approved) for FY2028
“970 miles”
Capex plan for FY2026
“~$38–$41 billion”
Capital Expenditures (CPUC) for FY2026
“6.5”
Capital Expenditures (CPUC) for FY2028
“6.7”
Capital Expenditures (CPUC) for FY2027
“6.7”
Capital Expenditures (FERC) for FY2028
“0.9”
Capital Expenditures (FERC) for FY2027
“0.9”
Capital Expenditures (FERC) for FY2029
“1.1”
Capital Expenditures (FERC) for FY2030
“1.0”
Capital Expenditures (Total) for FY2026
“$7.3”
Capital Expenditures (Total) for FY2028
“$7.6”
Capital Expenditures (Total) for FY2027
“$7.6”
Rate Base (FERC) for FY2026
“7.6”
Capital Expenditures (Total) for FY2029
“$9.0”
Capital Expenditures (Total) for FY2030
“$9.1”
Capital Expenditures (Range Case) for FY2026
“$7.1”
Capital Expenditures (Range Case) for FY2027
“$7.3”
Capital Expenditures (Range Case) for FY2028
“$7.2”
Capital Expenditures (Range Case) for FY2029
“$8.0”
Rate Base (FERC) for FY2027
“8.0”
Capital Expenditures (Range Case) for FY2030
“$7.9”
Capital Expenditures (CPUC) for FY2029
“7.9”
Rate Base (CPUC) for FY2026
“43.2”
SCE Rate Base - CPUC for FY2026
“43.2 46.4 49.8 53.8 58.4”
Rate Base (CPUC) for FY2027
“46.4”
Rate Base (CPUC) for FY2028
“49.8”
Rate Base (CPUC) for FY2029
“53.8”
Rate Base (CPUC) for FY2030
“58.4”
SCE Rate Base - FERC for FY2026
“7.6 8.0 8.3 8.8 9.5”
Rate Base (FERC) for FY2028
“8.3”
Rate Base (FERC) for FY2029
“8.8”
Rate Base (FERC) for FY2030
“9.5”
SCE Rate Base - Total for FY2026
“$50.8 $54.4 $58.1 $62.6 $67.9”
Rate Base (Total) for FY2027
“$54.4”
Rate Base (Total) for FY2028
“$58.1”
Rate Base (Total) for FY2029
“$62.6”
Rate Base (Total) for FY2030
“$67.9”
Core EPS growth driver - rate base growth for FY2027
“~7%”
Rate Base (Range Case) for FY2026
“$50.8”
SCE Rate Base - Range Case (Recorded) for FY2026
“$50.8 $54.3 $57.7 $61.7 $66.1”
Rate Base (Range Case) for FY2027
“$54.3”
Rate Base (Range Case) for FY2029
“$61.7”
Rate Base (Range Case) 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 vs. long-term growth rate ra… for the long term
“Expected to be at 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 Core EPS for FY2030
“$7.45–8.20”
Financing Plan - Capital Plan (Uses) for the long term
“$38–41”
Dividends for FY2026
“$7–9”
Financing Plan - Dividends (Uses) for FY2026
“$7–9”
Financing Plan - Net cash provided by operat… for FY2026
“$36–38”
Financing Plan - Incremental Debt (Sources) for FY2026
“$9–12”
Incremental Debt for FY2026
“$9–12”
Dividend payout
“45–55% of SCE core earnings”
Target dividend payout for the long term
“45–55% of SCE core earnings”
Load growth for FY2035
“~30–40%”
Total Non-Core Items (High) for FY2026
“(0.20)”
Cumulative historical cost recovery for FY2027
“$11+ billion”
Historical costs recovered by SCE for FY2027
“$11+ billion”
Expected annual rate recovery or securitizat… for Q3 FY2026
“0.5 2.0 $2.5 $0.4 $0”
Remaining AB 1054/TKM securitization recover… for FY2027
“~$2.9 billion”
Remaining GRC and wildfire-related applicati…
“~$2.9 billion”
GRC and wildfire-related memo account recove… for FY2027
“nearly all of GRC and wildfire-related memo account recoveries will be complete”
Modeling Considerations - SCE Rate Base ($ b… for FY2026
“$50.8 $54.3–54.4 $57.7–58.1”
SCE Rate Base ($ billions) for FY2026
“$50.8”
Capital Expenditures (FERC) for FY2026
“0.8”
SCE Rate Base ($ billions) for FY2027
“$54.3–54.4”
Rate Base (Range Case) for FY2028
“$57.7”
SCE Rate Base ($ billions) for FY2028
“$57.7–58.1”
Capital Expenditures (CPUC) for FY2030
“8.1”
Rate Base Mix (CPUC/FERC) for FY2027
“85% / 15%”
Modeling Considerations - Rate Base Mix (CPU… for FY2026
“85% / 15% 85% / 15% 86% / 14%”
Rate Base Mix (CPUC/FERC) for FY2026
“85% / 15%”
Rate Base Mix (CPUC/FERC) for FY2028
“86% / 14%”
Authorized ROEs (CPUC/FERC) for FY2028
“10.03% / 10.30%”
Authorized ROEs (CPUC/FERC) for FY2027
“10.03% / 10.30%”
Authorized ROEs (CPUC/FERC) for FY2026
“10.03% / 10.30%”
Modeling Considerations - Authorized ROEs (C… for FY2026
“10.03% / 10.30% 10.03% / 10.30% 10.03% / 10.30%”
Authorized Equity Ratios (CPUC/FERC) for FY2028
“52% / 47.5%”
Authorized Equity Ratios (CPUC/FERC) for FY2027
“52% / 47.5%”
Authorized Equity Ratios (CPUC/FERC) for FY2026
“52% / 47.5%”
Modeling Considerations - Authorized Equity … for FY2026
“52% / 47.5% 52% / 47.5% 52% / 47.5%”
TKM/Woolsey Interest Benefit (Core EPS) for FY2028
“~32¢”
TKM/Woolsey Interest Benefit (Core EPS) for FY2027
“~32¢”
Modeling Considerations - TKM/Woolsey Intere… for FY2026
“~32¢ ~32¢ ~32¢”
TKM/Woolsey Interest Benefit (Core EPS) for FY2026
“~32¢”
Modeling Considerations - SCE Wildfire Debt … for FY2026
“5.3% weighted average portfolio; incorporates current yield curve, maturities, and financing assumptions”
Modeling Considerations - EIX Parent Debt Ra… for FY2026
“5.4% weighted average portfolio; incorporates current yield curve, maturities, and financing assumptions”
Modeling Considerations - Equity Issuance ($… for FY2026
“No equity issuance forecasted from 2026–2030”
Modeling Considerations - Share Count (milli… for FY2026
“385 385 385”
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
“$5.70” – “$6.00”
Exhibit 99.1 · the passage around this item
… earlier in the release
Reflects covered conductor and undergrounding through 2028 as authorized in SCE’s 2025 GRC Remaining Planned2 (Up to ~970 miles) Next steps: complete GRC-approved miles and evaluate remaining HFRA hardening for 2029–2032  Complete 970 miles through 2028 under approved GRC  Assess incremental proactive hardening in 2029–2032 using Wildfire Integrated Model (subject to regulatory approval)   5Edison International | Second-Quarter 2026 Earnings Call Edison’s 2025 sustainability achievements advanced our clean energy strategy and enhanced value to our stakeholders 1. Source: Cornerstone Sustainability Data Initiative Clean Energy Transition SCE delivered at least 60% carbon-free electricity in terms of retail sales to customers in 2025, over 70% cleaner than the national average GHG intensity1 SCE contracted ~900 MW of energy storage in 2025, bringing the total to approximately 9,200 MW owned or under contract — one of the largest portfolios in the nation Customers & Communities Edison International and the Edison International Foundation awarded 632 grants totaling $25.8 million to support nonprofit partners and community-based organizations Edison International’s employees, along with family and friends, volunteered ~41,000 hours — representing an estimated $1.6 million in value SCE’s Energy Education Center hosted more than 590 classes, both online and in- person, with nearly 34,000 attendee visits acro
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.