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

$6.20B

P/E (TTM)

19.4

22.5

Dividend Yield

3.9%

52W High

$54.39

52W Low

$39.55

52W Range

95%

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

Q4 2025 Data

Revenue

$840.00M+0.00%

4-Quarter Trend

EPS

$0.36+0.00%

4-Quarter Trend

FCF

-$142.00M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Revenues Increased 4% Total revenues reached $3.576B in 2025, marking a 4% increase driven by authorized retail price adjustments.

Retail Revenue Grew 9% Total retail revenues grew 9% to $3.070B in 2025, largely due to price changes covering anticipated higher NVPC costs.

Strong Operating Cash Flow Net cash provided by operating activities was $1.118B in 2025, reflecting a substantial $340M increase from prior year.

Customer Base Expanded Total average retail customers reached 955,655 in 2025, showing 1.2% growth, with industrial deliveries up 14.1%.

Risk Factors

Regulatory Cost Recovery Uncertainty Regulators may deny recovery for deferred costs or capital investments, adversely affecting financial condition and liquidity.

Severe Weather Impacts Operations Intense weather events disrupt energy delivery, cause outages, increase repair costs, and strain liquidity and cash flow.

Pending Acquisition Contingencies Failure to close the $1.9B Washington acquisition or secure financing could materially affect stock and debt value.

Cybersecurity Threat Exposure Cyber or physical attacks on critical IT systems could cause shutdowns, damage facilities, and result in liability claims.

Outlook

2026 Capital Expenditure Forecast Capital expenditures projected at $1.655B for 2026, planned funding via $1B-$1.2B cash from operations and debt/equity issuance.

Future Resource Procurement 2025 All-Source RFP seeks approximately 2,500 MW of non-emitting capacity to address forecasted 2029 shortfall.

Grid Modernization Investments Strategy focuses on building resilient grid via Wildfire Mitigation ($70M-$84M capital forecast) and Grid Enhancing Technologies.

Holding Company Reorganization Filed application for Washington utility acquisition and Oregon holding company structure to gain financial flexibility.

Peer Comparison

Revenue (TTM)

CMS

$8.54B

+13.6%

PNW

$5.34B

+4.2%

LNT

$4.36B

+9.6%

Gross Margin (Latest Quarter)

CMS

127.9%

-13.3pp

NWE

49.0%

+25.1pp

LNT

42.0%

-4.2pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
CMS	$23.98B	22.0	12.3%	46.8%
LNT	$18.78B	23.2	11.2%	47.8%
PNW	$12.46B	20.0	8.9%	56.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-3.3%

Flat Growth

4Q Net Income CAGR

-25.7%

Declining Profitability

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 23, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data