Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Edison International's share price for the quarter that ended in Dec. 2023 was $71.49. Edison International's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 384 Mil. Therefore, Edison International's market cap for the quarter that ended in Dec. 2023 was $27,447 Mil.
Edison International's quarterly market cap
declined
from Jun. 2023 ($26,617 Mil) to Sep. 2023 ($24,276 Mil) but then
increased
from Sep. 2023 ($24,276 Mil) to Dec. 2023 ($27,447 Mil).
Edison International's annual market cap
declined
from Dec. 2021 ($25,961 Mil) to Dec. 2022 ($24,316 Mil) but then
increased
from Dec. 2022 ($24,316 Mil) to Dec. 2023 ($27,447 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Edison International's Enterprise Value for Today is $63,894 Mil.
Edison International Market Cap Historical Data
The historical data trend for Edison International's Market Cap 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.
Competitive Comparison of Edison International's Market Cap
For the Utilities - Regulated Electric subindustry, Edison International's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Edison International's Market Cap distribution charts can be found below:
* The bar in red indicates where Edison International's Market Cap falls into.
Edison International Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Edison International's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Edison International (NYSE:EIX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Edison International Market Cap Related Terms
Thank you for viewing the detailed overview of Edison International's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Edison International (Edison International) Business Description
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.
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