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Portland General Electric Company

Portland General Electric Company

NYSE•POR
CEO: Ms. Maria MacGregor Pope
Sector: Utilities
Industry: Regulated Electric
Listing Date: 2006-03-31
Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. As of December 31, 2023, the company owned an electric transmission system consisting of 1,254 circuit miles, including 287 circuit miles of 500 kilovolt line, 413 circuit miles of 230 kilovolt line, and 554 miles of 115 kilovolt line; and served 934 thousand retail customers in 51 cities. It also has 28,868 circuit miles of distribution lines. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.
Contact Information
121 South West Salmon Street, Portland, OR, 97204, United States
503-464-8000
www.portlandgeneral.com
Market Cap
$5.59B
P/E (TTM)
18.1
20.7
Dividend Yield
4.2%
52W High
$51.14
52W Low
$39.55
52W Range
87%
Rank38Top 36.9%
4.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$878.00M-5.49%
4-Quarter Trend

EPS

$0.93+2.20%
4-Quarter Trend

FCF

$100.00M-1211.11%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Operations Income Rises Income from operations reached 460M USD for nine months, marking an 8% increase over prior year period.
Operating Cash Flow Strong Net cash provided by operating activities totaled 970M USD for nine months, significantly up from 608M USD last year.
Retail Revenue Growth Total retail revenues grew 6% to 2,299M USD for the nine months, driven by authorized price changes and customer load.
Common Stock Issuance Issued 47.997M shares in Q3 2025, supporting capital needs via at-the-market offering proceeds.

Risk Factors

Harbor Liability Uncertainty Portland Harbor Superfund liability remains material uncertainty; allocation percentage estimation is currently not reasonably possible.
Wildfire Exposure Risk Perceived wildfire risk could adversely affect capital access, increase costs, and hinder strategic plan execution.
Regulatory Recovery Risk OPUC has discretion over RCE and storm cost deferrals; disallowance would be recognized as charge to earnings.
Trade Tariff Impact Imposed trade tariffs may increase material costs, disrupt supply chains, and negatively affect capital project completion.

Outlook

2025 Capital Expenditure Plan Estimated 2025 capital expenditures are 1.22B USD, funded by operations cash flow and expected long-term debt issuance.
Resource Procurement Progress Finalizing contracts from 2023 RFP by Q1 2026; proceeding with 2025 All-Source RFP evaluation process.
Corporate Reorganization Filing Formal application submitted to OPUC for holding company reorganization to enhance financial flexibility and support transmission assets.
Decarbonization Targets Focus Strategy remains focused on achieving 80% GHG reduction by 2030 and 100% by 2040 per state mandate.

Peer Comparison

Revenue (TTM)

CMS Energy CorporationCMS
$8.30B
+11.0%
Pinnacle West Capital CorporationPNW
$5.31B
+5.7%
Alliant Energy CorporationLNT
$4.28B
+7.8%

Gross Margin (Latest Quarter)

NorthWestern Energy Group, Inc.NWE
83.4%
+25.1pp
Avista CorporationAVA
71.5%
+7.5pp
TXNM Energy, Inc.TXNM
46.2%
-25.7pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
CMS$21.81B20.412.4%47.6%
LNT$17.31B21.211.5%48.4%
PNW$11.22B18.98.7%47.7%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.1%
Moderate Growth
4Q Net Income CAGR
39.4%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 13, 2026
|
EPS:$0.72
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 31, 2025|
    Revenue: $878.00M-5.5%
    |
    EPS: $0.93+2.2%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 25, 2025|
    Revenue: $807.00M+6.5%
    |
    EPS: $0.57-18.6%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: Apr 25, 2025|
    Revenue: $928.00M-0.1%
    |
    EPS: $0.91-15.7%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 14, 2025|
    Revenue: $3.44B+17.7%
    |
    EPS: $3.01+29.2%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 25, 2024|
    Revenue: $929.00M+15.8%
    |
    EPS: $0.91+93.6%
    Meet
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 26, 2024|
    Revenue: $758.00M+17.0%
    |
    EPS: $0.70+79.5%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 26, 2024|
    Revenue: $929.00M+24.2%
    |
    EPS: $1.08+33.3%
    Meet
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 20, 2024|
    Revenue: $2.92B+10.4%
    |
    EPS: $2.33-10.7%
    Miss