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Side-by-side financial comparison of Edison International (EIX) and Philip Morris International (PM). Click either name above to swap in a different company.

Philip Morris International is the larger business by last-quarter revenue ($10.1B vs $5.2B, roughly 1.9× Edison International). Edison International runs the higher net margin — 35.4% vs 24.0%, a 11.4% gap on every dollar of revenue. On growth, Edison International posted the faster year-over-year revenue change (30.8% vs 9.1%). Over the past eight quarters, Edison International's revenue compounded faster (13.1% CAGR vs 3.5%).

Edison International is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and unregulated non-utility business assets Edison Energy. Edison's roots trace back to Holt & Knupps, a company founded in 1886 as a provider of street lights in Visalia, California.

Philip Morris International Inc. (PMI) is a tobacco company, with products sold in over 180 countries. Marlboro is PMI’s most recognized brand, but in the last quarter of 2023, Iqos generated the greatest revenue. Philip Morris International is often referred to as one of the companies comprising Big Tobacco. The company ranked No. 121 in the 2025 Fortune 500 list of the largest US corporations by total revenue.

EIX vs PM — Head-to-Head

Bigger by revenue
PM
PM
1.9× larger
PM
$10.1B
$5.2B
EIX
Growing faster (revenue YoY)
EIX
EIX
+21.7% gap
EIX
30.8%
9.1%
PM
Higher net margin
EIX
EIX
11.4% more per $
EIX
35.4%
24.0%
PM
Faster 2-yr revenue CAGR
EIX
EIX
Annualised
EIX
13.1%
3.5%
PM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EIX
EIX
PM
PM
Revenue
$5.2B
$10.1B
Net Profit
$1.8B
$2.4B
Gross Margin
68.1%
Operating Margin
52.8%
38.4%
Net Margin
35.4%
24.0%
Revenue YoY
30.8%
9.1%
Net Profit YoY
443.5%
-9.0%
EPS (diluted)
$4.78
$1.56

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EIX
EIX
PM
PM
Q1 26
$10.1B
Q4 25
$5.2B
$10.4B
Q3 25
$5.8B
$10.8B
Q2 25
$4.5B
$10.1B
Q1 25
$3.8B
$9.3B
Q4 24
$4.0B
$9.7B
Q3 24
$5.2B
$9.9B
Q2 24
$4.3B
$9.5B
Net Profit
EIX
EIX
PM
PM
Q1 26
$2.4B
Q4 25
$1.8B
$2.1B
Q3 25
$832.0M
$3.5B
Q2 25
$343.0M
$3.0B
Q1 25
$1.4B
$2.7B
Q4 24
$340.0M
$-579.0M
Q3 24
$516.0M
$3.1B
Q2 24
$439.0M
$2.4B
Gross Margin
EIX
EIX
PM
PM
Q1 26
68.1%
Q4 25
65.6%
Q3 25
67.8%
Q2 25
67.7%
Q1 25
67.3%
Q4 24
64.7%
Q3 24
66.0%
Q2 24
64.7%
Operating Margin
EIX
EIX
PM
PM
Q1 26
38.4%
Q4 25
52.8%
32.6%
Q3 25
24.9%
39.3%
Q2 25
17.1%
36.6%
Q1 25
56.0%
38.1%
Q4 24
19.8%
33.6%
Q3 24
19.1%
36.9%
Q2 24
20.8%
36.4%
Net Margin
EIX
EIX
PM
PM
Q1 26
24.0%
Q4 25
35.4%
20.7%
Q3 25
14.5%
32.1%
Q2 25
7.6%
30.0%
Q1 25
37.7%
28.9%
Q4 24
8.5%
-6.0%
Q3 24
9.9%
31.1%
Q2 24
10.1%
25.4%
EPS (diluted)
EIX
EIX
PM
PM
Q1 26
$1.56
Q4 25
$4.78
$1.36
Q3 25
$2.16
$2.23
Q2 25
$0.89
$1.95
Q1 25
$3.72
$1.72
Q4 24
$0.89
$-0.37
Q3 24
$1.32
$1.97
Q2 24
$1.13
$1.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EIX
EIX
PM
PM
Cash + ST InvestmentsLiquidity on hand
$158.0M
$5.5B
Total DebtLower is stronger
$38.0B
$49.5B
Stockholders' EquityBook value
$17.6B
Total Assets
$94.0B
$68.9B
Debt / EquityLower = less leverage
2.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EIX
EIX
PM
PM
Q1 26
$5.5B
Q4 25
$158.0M
$4.9B
Q3 25
$364.0M
$4.0B
Q2 25
$140.0M
$4.1B
Q1 25
$1.3B
$4.4B
Q4 24
$193.0M
$4.2B
Q3 24
$200.0M
$4.3B
Q2 24
$465.0M
$4.8B
Total Debt
EIX
EIX
PM
PM
Q1 26
$49.5B
Q4 25
$38.0B
$45.1B
Q3 25
$36.4B
$41.9B
Q2 25
$37.7B
$42.4B
Q1 25
$38.4B
$38.8B
Q4 24
$35.6B
$42.2B
Q3 24
$34.9B
$44.2B
Q2 24
$34.8B
$44.6B
Stockholders' Equity
EIX
EIX
PM
PM
Q1 26
Q4 25
$17.6B
$-10.0B
Q3 25
$17.2B
$-10.9B
Q2 25
$16.7B
$-12.0B
Q1 25
$16.6B
$-10.9B
Q4 24
$15.6B
$-11.8B
Q3 24
$15.7B
$-9.7B
Q2 24
$15.4B
$-9.7B
Total Assets
EIX
EIX
PM
PM
Q1 26
$68.9B
Q4 25
$94.0B
$69.2B
Q3 25
$90.5B
$67.1B
Q2 25
$88.8B
$68.5B
Q1 25
$88.4B
$65.1B
Q4 24
$85.6B
$61.8B
Q3 24
$84.7B
$66.9B
Q2 24
$84.8B
$65.8B
Debt / Equity
EIX
EIX
PM
PM
Q1 26
Q4 25
2.16×
Q3 25
2.12×
Q2 25
2.26×
Q1 25
2.31×
Q4 24
2.29×
Q3 24
2.23×
Q2 24
2.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EIX
EIX
PM
PM
Operating Cash FlowLast quarter
$1.6B
Free Cash FlowOCF − Capex
$-319.0M
FCF MarginFCF / Revenue
-6.1%
Capex IntensityCapex / Revenue
36.3%
Cash ConversionOCF / Net Profit
0.85×
TTM Free Cash FlowTrailing 4 quarters
$-715.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EIX
EIX
PM
PM
Q1 26
Q4 25
$1.6B
$4.7B
Q3 25
$2.1B
$4.5B
Q2 25
$882.0M
$3.4B
Q1 25
$1.2B
$-350.0M
Q4 24
$1.2B
$4.0B
Q3 24
$2.5B
$3.3B
Q2 24
$329.0M
$4.6B
Free Cash Flow
EIX
EIX
PM
PM
Q1 26
Q4 25
$-319.0M
$4.3B
Q3 25
$618.0M
$4.1B
Q2 25
$-830.0M
$3.1B
Q1 25
$-184.0M
$-754.0M
Q4 24
$-326.0M
$3.7B
Q3 24
$961.0M
$3.0B
Q2 24
$-1.1B
$4.3B
FCF Margin
EIX
EIX
PM
PM
Q1 26
Q4 25
-6.1%
41.2%
Q3 25
10.7%
37.8%
Q2 25
-18.3%
30.1%
Q1 25
-4.8%
-8.1%
Q4 24
-8.2%
38.4%
Q3 24
18.5%
29.9%
Q2 24
-25.2%
45.0%
Capex Intensity
EIX
EIX
PM
PM
Q1 26
Q4 25
36.3%
4.3%
Q3 25
26.2%
3.4%
Q2 25
37.7%
3.5%
Q1 25
36.9%
4.3%
Q4 24
37.6%
2.9%
Q3 24
29.1%
3.8%
Q2 24
32.8%
3.9%
Cash Conversion
EIX
EIX
PM
PM
Q1 26
Q4 25
0.85×
2.20×
Q3 25
2.55×
1.28×
Q2 25
2.57×
1.12×
Q1 25
0.85×
-0.13×
Q4 24
3.44×
Q3 24
4.79×
1.08×
Q2 24
0.75×
1.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EIX
EIX

Commercial$2.2B43%
Residential$1.2B23%
Other$966.0M19%
Other Operating Revenue$802.0M15%

PM
PM

Segment breakdown not available.

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