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Edison International (Edison International) Gross Margin % : 42.99% (As of Mar. 2024)


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What is Edison International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Edison International's Gross Profit for the three months ended in Mar. 2024 was $1,753 Mil. Edison International's Revenue for the three months ended in Mar. 2024 was $4,078 Mil. Therefore, Edison International's Gross Margin % for the quarter that ended in Mar. 2024 was 42.99%.


The historical rank and industry rank for Edison International's Gross Margin % or its related term are showing as below:

EIX' s Gross Margin % Range Over the Past 10 Years
Min: 34.82   Med: 37.07   Max: 41.96
Current: 41.96


During the past 13 years, the highest Gross Margin % of Edison International was 41.96%. The lowest was 34.82%. And the median was 37.07%.

EIX's Gross Margin % is ranked better than
73.05% of 501 companies
in the Utilities - Regulated industry
Industry Median: 29.23 vs EIX: 41.96

Edison International had a gross margin of 42.99% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Edison International was 2.10% per year.


Edison International Gross Margin % Historical Data

The historical data trend for Edison International's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Edison International Gross Margin % Chart

Edison International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.37 37.10 38.38 35.55 41.09

Edison International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.44 39.76 38.96 47.00 42.99

Competitive Comparison of Edison International's Gross Margin %

For the Utilities - Regulated Electric subindustry, Edison International's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Edison International's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Edison International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Edison International's Gross Margin % falls into.



Edison International Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Edison International's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=6714 / 16338
=(Revenue - Cost of Goods Sold) / Revenue
=(16338 - 9624) / 16338
=41.09 %

Edison International's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1753 / 4078
=(Revenue - Cost of Goods Sold) / Revenue
=(4078 - 2325) / 4078
=42.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Edison International  (NYSE:EIX) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Edison International had a gross margin of 42.99% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Edison International Gross Margin % Related Terms

Thank you for viewing the detailed overview of Edison International's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Edison International (Edison International) Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.
Executives
Caroline Choi officer: Senior Vice President 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Kara Gostenhofer Ryan officer: VP, CAO and Controller 1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
J Andrew Murphy officer: Senior Vice President 211 CARNEGIE CENTER, PRINCETON NJ 08540
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Kate Sturgess officer: Vice President and Controller 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Natalie K Schilling officer: SENIOR VICE PRESIDENT 2244 WALNUT GROVE AVE, ROSEMEAD CA 91770
Marcy L. Reed director 84 SOUTH SHORE DR, STURBRIDGE MA 01566
Jill Charlotte Anderson officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Keith Trent director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Carey A. Smith director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Steven D Powell officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Ronald L Litzinger officer: Chairman, Pres. & CEO of EMG P.O. BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Timothy O'toole director 55 BROADWAY, LONDON X0 SW1H OBD

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