Edison International

CEO Pedro Pizarro and CFO Maria Rigatti have long sector tenures and a record of meeting or exceeding guidance. 2025 core EPS exceeded the guidance range, and leadership continues to execute grid‑hardening, wildfire programs, and rate‑case strategy.

We also note the proactive Wildfire Recovery Compensation Program and transparency on Eaton Fire status. The team communicates clear financial guardrails (FFO‑to‑debt 15‑17%, no external equity) and provides detailed modeling bridges. Governance is standard for a large regulated utility with an independent chair.

Execution is strong, but regulatory and wildfire complexity temper the score.