Edison International management check
EIX · Utilities · Electric Utilities · CEO Mr. Pizarro
Filings as of
4 good · 1 to watch · 1 flagged, across the seven questions below.
- Flag
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2021 grew to $119, against $153 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.53 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Good
What does the CEO cost owners?
0.4% of net income$16.5m of reported pay in fiscal 2025, against $4.7bn of net income.
- n/a
Do they own the stock?
No recent CEO filingLight activity: no buys, $65k sold in six months. 2 of 2 sales ran on pre-arranged 10b5-1 plans.
- Watch
Are owners being diluted?
Share count growingDiluted shares changed +0.1% a year over the last three fiscal years. Stock-based pay was 0.3% of revenue in the latest year.
- Good
Is leadership stable?
3 leadership filings in 3 yearsCEO in the pay table: Mr. Pizarro. 3 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Utilities.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 22 | 53 | |
| Pay for performance | 76 | 81 | |
| CEO cost | 88 | 50 | |
| Skin in the game | — | — | 45 |
| Dilution | 48 | 37 | |
| Stable leadership | 100 | 80 | |
| Clean books | 100 | 100 |
Closest peers
Others in Electric Utilities, by management score. Edison International is 4th of 30 in its sector.
- 30CEGConstellation Energy84
- 62VSTVistra Corp.79
- 143EIXEdison International72
- 145PPLPPL Corporation72
- 252EVRGEvergy64
- 254PEGPublic Service Enterprise Group64
- 270ETREntergy63
- 285LNTAlliant Energy62
- 338EXCExelon59
- 354ESEversource Energy58
Pay versus performance
From the proxy statement filed March 13, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Mr. Pizarro | $16.5m | $6.8m | $5.1m | $119 | $153 | $4.7bn |
| 2024 | — | $13.8m | $21.0m | $3.4m | $150 | $131 | $1.5bn |
| 2023 | — | $14.9m | $22.8m | $3.4m | $130 | $108 | $1.4bn |
| 2022 | — | $12.2m | $11.7m | $2.7m | $111 | $119 | $824.0m |
| 2021 | — | $14.4m | $20.0m | $3.2m | $114 | $118 | $925.0m |
The board says pay is tied most to Core EPS. Its other key measures: Relative total shareholder return, Core earnings.
Insiders and the CEO's stake
Light activity: no buys, $65k sold in six months. 2 of 2 sales ran on pre-arranged 10b5-1 plans.
- SoldPeter J. TaylorDirector · 10b5-1 plan$65kOct 12, 2026
Leadership and governance on file
- Apr 23, 2026Leadership change8-K 5.02
- Feb 20, 2025Leadership change8-K 5.02
- Feb 10, 2025Leadership change8-K 5.02
- Jul 26, 2023Leadership change8-K 5.02
- Mar 13, 2023Leadership change8-K 5.02
- Apr 29, 2022Leadership change8-K 5.02
- Dec 9, 2021Leadership change8-K 5.02
- Oct 28, 2021Leadership change8-K 5.02
Latest shareholder vote results: Apr 24, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $5.9bn returned to owners in buybacks and dividends, 84% of net income, and $241.0m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $14.9bn | $17.2bn | $16.3bn | $17.6bn | $19.3bn |
| Net income | — | — | $1.2bn | $1.3bn | $4.5bn |
| Stock-based pay | $39.0m | $42.0m | $46.0m | $57.0m | $57.0m |
| Buybacks | — | $0 | $0 | $200.0m | $32.0m |
| Dividends | $988.0m | $1.1bn | $1.1bn | $1.2bn | $1.3bn |
| Diluted shares | 380m | 383m | 385m | 388m | 386m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.