PG&E Corporation

NYSE•PCG

CEO: Ms. Patricia Kessler Poppe

Sector: Utilities

Industry: Regulated Electric

Listing Date: 1972-06-01

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, transmission switching substations, and distribution substations; and natural gas transmission, storage, and distribution system consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. PG&E Corporation was incorporated in 1905 and is based in Oakland, California.

Contact Information

300 Lakeside Drive, Oakland, CA, 94612, United States

415-973-1000

www.pgecorp.com

Market Cap

$36.31B

P/E (TTM)

12.3

20.7

Dividend Yield

0.9%

52W High

$19.16

52W Low

$12.97

52W Range

57%

Rank40Top 42.0%

4.1

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 4.1 / 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

Q1 2026 Data

Revenue

$6.88B+0.00%

4-Quarter Trend

EPS

$0.39+0.00%

4-Quarter Trend

FCF

-$926.00M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Utility Net Income Rises Utility Net Income reached $3.07B USD in 2025, marking a strong 14% increase over 2024 results.

Operating Revenue Growth Total operating revenues grew 2% to $24.94B USD in 2025, driven by DCPP extended operations recovery.

PG&E Parent Earnings Up PG&E Corporation Income Available for Common Shareholders was $2.59B USD in 2025, increasing 5% from prior year.

Capital Expenditures Forecast Utility forecasts $12.4B USD capital expenditures for 2026, focusing on safety, resilience, and electrification needs.

Risk Factors

Wildfire Liability Uncertainty Liabilities for past major wildfires (Kincade, Dixie, Mosquito) may exceed recorded estimates and insurance recoveries.

Regulatory Cost Recovery Risk Recovery of incurred costs, especially wildfire mitigation expenses, depends on CPUC/FERC authorization timing and prudence review.

High Debt Limits Flexibility Substantial indebtedness limits operating flexibility and increases vulnerability to interest rate volatility and adverse economic conditions.

Climate Change Operational Risks Extreme weather events intensify physical risks to infrastructure, potentially causing prolonged outages and significant repair costs.

Outlook

Capital Investment Focus Utility plans $12.4B USD CapEx in 2026, prioritizing undergrounding, grid modernization, and electrification infrastructure projects.

Rate Increase Management Management goal targets limiting average annual customer rate increases to 3% while funding safety and climate resilience investments.

Dividend Payout Target PG&E Corporation targets a consistent dividend payout ratio of approximately 20% of core earnings by the year 2028.

Wildfire Mitigation Compliance Utility focuses on effective WMP implementation and compliance with OEIS targets to maintain safety certification status.

Peer Comparison

Revenue (TTM)

PCG

$25.83B

+5.3%

EXC

$24.79B

+4.6%

$17.22B

+9.1%

Gross Margin (Latest Quarter)

AEE

100.0%

-15.1pp

PCG

85.0%

+20.3pp

PEG

75.6%

+0.8pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
ETR	$51.46B	28.4	10.6%	44.9%
EXC	$47.30B	17.0	9.8%	43.6%
ED	$40.00B	18.3	8.8%	36.4%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

5.3%

Steady Growth

4Q Net Income CAGR

17.3%

Profitability Improved

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Jul 30, 2026

EPS:$0.37

Revenue:$6.12B

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data