Industry: Electric Utilities
Fortune Rank: 187
EIX is a holding co. for Southern CA Edison, Co. (public utility), Edison Mission (operates electric power generation facilities), Edison Capital (capital & financial serv.), & Edison Enterprises. For the 6 months ended 6/05, revenues rose 9% to $5.09B. Net income from cont. ops. & before acct. change totaled $375M vs. a loss of $347M. Results reflect an increase in electric utility revenue and a decreased in purchased power expense.
Edison International is a holding company that, through its subsidiaries, operates in three business segments: an electric utility operation segment, a non-utility power generation segment and a financial services provider segment. In the electric utility operation segment, the Company operates through Southern California Edison Company (SCE). In the non-utility power generation segment, it operates through Edison Mission Energy (EME). In the financial services provider segment the Company operates through Edison Capital. SCE is a California public utility corporation. Edison Capital has investments in energy and infrastructure projects worldwide and in affordable housing projects located throughout the United States. EME is an independent power producer engaged in the business of owning or leasing, operating and selling energy and capacity from electric power generation facilities, and also conducts price risk management and energy trading activities in power markets.
Edison International is a Fortune 500 company. In 2010 Edison International was ranked number 187 on the Fortune 500 list, making it the 187th largest company in the United States when judged by revenue.
Edison International achieved revenue of $12,361.00 million in 2010 and earned a profit of $849.00 million.
Edison International's rank changes
The company's ranking in 2010 was a decline from 2009 when it was ranked 184th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $14,112 million (a change of -2 million compared to 2010) and profits of $1,215 million (a change of 848 million compared to 2010).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Edison International would be ranked 156th rather than 187th due to its profits of $849 in 2010.
|Edison International||Revenue*||Profit*||Fortune Ranking|
* US$ Million
2244 Walnut Grove Avenue
- Edison International
- Contact Details