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Italian energy company generating and supplying electricity and natural gas, majority-owned by France's EDF.
Italian energy company generating and supplying electricity and natural gas, majority-owned by France's EDF.
Earns from selling electricity and gas to households, businesses and wholesale buyers, with its own power plants, largely gas-fired, plus renewables providing part of that supply. Margins depend on the gap between wholesale energy costs and what customers pay, and power-price swings matter because it both generates and sells.
Moat: narrow (scale, regulatory licence, installed base). Established Italian generation fleet and gas infrastructure with EDF's backing and expertise.
Headquarters: Milan, Italy · Founded: 1884 · Employees: 5,827
Size Edison (EDNR.MI) is an Italy Utilities company (Electric Utilities) with a market value of $9.87B, the 25th largest of 123 Italy companies the cockpit tracks. Shares closed at €1.86 on 6 Nov 2026.
Performance Over six months the shares fell 11.9%, against -6.2% for the median peer and +3.1% for the Italy market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 6.5% over the last twelve months (peer median +7.2%); the operating margin is 2.8% (peer median 13.6%).
Valuation It trades at 0.5× enterprise value to sales against a peer median of 2.9× (cheapest of 21).
Capital Return on invested capital runs 1.2 points below its cost of capital (6.8% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €18.9B | €17.7B | €15.4B | €18.4B | €30.3B |
| Revenue growth | — | +15% | -17% | -39% | — |
| Gross profit | €388M | €1.35B | €1.86B | €1.93B | €1.20B |
| EBITDA | €1.10B | €1.24B | €1.64B | €1.79B | €1.05B |
| Net income | €132M | €240M | €403M | €515M | €151M |
| Free cash flow | n/a | -€30.0M | €192M | €960M | €200M |
| Capital expenditure | n/a | €732M | €578M | €501M | €543M |
| Total debt | €1.17B | €1.21B | €1.02B | €1.04B | €909M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Edison EDNR.MI | $9.87B | -12% | +6% | 3% | 0.5× | n/a |
| Enel ENEL.MI | $108B | 0% | 0% | 16% | 2.3× | 6.2% |
| A2A A2A.MI | $8.55B | +4% | +14% | 8% | 0.9× | 2.8% |
| Hera HER.MI | $6.14B | -3% | -11% | 8% | 0.8× | -8.9% |
| Eni ENI.MI | $82.2B | +6% | +4% | 9% | 1.1× | 0.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | EDNR.MI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.4% | +1.3% | 10th lowest of 21 |
| 6-month return | -11.9% | -6.2% | 7th lowest of 21 |
| Distance from 52-week high | -26.6% | -18.6% | 6th lowest of 21 |
| Revenue growth (TTM) | +6.5% | +7.2% | 10th lowest of 21 |
| Operating margin | 2.8% | 13.6% | 3rd lowest of 21 |
| EV / Sales | 0.5× | 2.9× | cheapest of 21 |
| ROIC minus cost of capital | -1.2 pp | -0.6 pp | 9th lowest of 20 |
| EV / EBITDA | 8.4× | 11.4× | 3rd cheapest of 16 |
| Net debt / EBITDA | 0.0× | 5.2× | least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Edison EDNR.MI | Italy | $9.87B | -12% | +6% | 3% | 0.5× | n/a | n/a |
| Hikari Tsushin 9435.T | Japan | $10.0B | -5% | +7% | 15% | 3.0× | 6.7% | +5.6% |
| JSW Energy JSWENERGY.NS | India | $10.1B | -9% | +26% | 36% | 8.5× | n/a | n/a |
| Redeia Corporacion RED.MC | Spain | $9.47B | +8% | +15% | 43% | 8.5× | n/a | n/a |
| Jiangsu Eastern Shenghong 000301.SZ | China | $10.3B | -22% | +4% | 7% | 1.6× | -2.1% | +28.4% |
| Brookfield Renewable Partners LP BEP-UN.TO | Canada | $9.41B | -7% | +7% | 11% | 12.5× | n/a | n/a |
| OGE Energy OGE | United States | $10.5B | +7% | +2% | 26% | 4.8× | 8.1% | +9.0% |
| AES AES | United States | $10.6B | +4% | +12% | 20% | 3.6× | n/a | n/a |
| Guangxi Guiguan Electric Power 600236.SS | China | $10.7B | -10% | +26% | 48% | 8.4× | -2.8% | +3.0% |
| Datang International Power Generation 0991.HK | Hong Kong | $10.7B | -20% | +3% | 15% | 2.8× | 4.0% | +4.1% |
| PGE Polska Grupa Energetyczna PGE.WA | Poland | $9.02B | +47% | -2% | 12% | 0.6× | n/a | n/a |
| Zhejiang Zheneng Electric Power 600023.SS | China | $10.8B | -5% | -7% | -1% | 1.6× | 7.0% | +9.0% |
| Huadian Power International 1071.HK | Hong Kong | $8.73B | 0% | +13% | 8% | 2.0× | n/a | n/a |
| NHPC NHPC.NS | India | $8.72B | +1% | +12% | 30% | 11.6× | n/a | n/a |
| Chubu Electric Power 9502.T | Japan | $11.2B | -13% | +3% | 0% | 1.3× | n/a | n/a |
| IDACORP IDA | United States | $8.63B | +2% | +4% | 23% | 6.7× | n/a | n/a |
| A2A A2A.MI | Italy | $8.55B | +4% | +14% | 8% | 0.9× | 2.8% | +15.6% |
| Tata Power TATAPOWER.NS | India | $11.9B | -20% | -4% | 13% | 1.8× | n/a | n/a |
| Bkw BKW.SW | Switzerland | $8.12B | -17% | -5% | 11% | 2.0× | 1.6% | +7.4% |
| Companhia Paranaense de Energia Sponsored ADR ELPC | United States | $7.92B | -15% | +27% | 19% | 2.2× | -5.5% | +5.3% |
| Sembcorp Industries U96.SI | Singapore | $7.91B | -8% | +8% | 11% | 3.7× | n/a | n/a |