— Know what they know.
/
Not Investment Advice

PCG

NYSE · USD
PG&E Corporation
Utilities · Regulated Electric
CEO Patricia Kessler Poppe Employees 29,010 R&D / revenue 0.0%
Last price
$13.09+1.00%last session
Market cap
$35.1B
P/E (TTM)
9.5x
From 52w high
−31.7%
From 52w low
+11.2%
1-year return
−20.7%
RSI 14 · vs SMA200
46.8 · −20.1%
IS score
46.2/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

PCG   SPY   XLU (sector ETF) · weekly closes
8090100110120Jan 26Apr 26Jul 26Oct 26SPY 116XLU 92PCG 79

Score DNA

Each bar is a 0-100 score within the scored universe
53
Profitability
61
Growth
82
Value
88
Momentum
15
Risk (safety)
67
Quality
25
Balance sheet
68
Earnings quality

Flags

Strengths
✓ Insider buying✓ Congress buying
Warnings
▲ Altman distress zone▲ Negative free cash flow▲ Share count rising
Observations
Moat model: Weak, Intangible AssetsPiotroski 7 / 9Altman Z 0.6Beta 0.284 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
1
$0.09M bought
No Form 144 notices in 12 months
CONGSTOCK Act · 180 days
Congressional purchases
1
Last disclosed purchase 2026-09-25
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+29
117 new holders, 77 closed
937 filers hold 98.0% · 405 added, 314 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+174
993 funds adding shares
819 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
37.1%
20-day avg 25.4%, 50-day avg 31.3%
Latest 11.7 pp over its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$24.9B
Revenue growth YoY+2.1%
Gross margin19.6%
Operating income$4.9B
Operating margin19.6%
Net income$2.7B
Net margin10.8%
EPS (diluted)$1.18
Cash flow
Operating cash flow$8.7B
Capital expenditure$11.8B
Free cash flow−$3.1B
FCF conversion (FCF / OCF)-35.2%
Stock-based compensation$0
FCF less SBC−$3.1B
Buybacks$0
Dividends$317.0M
Balance sheet & returns
Cash & short-term investments$713.0M
Total debt$60.9B
Net debt$60.2B
Shareholders' equity$32.8B
Goodwill & intangibles$0
Debt / equity1.91
ROE (TTM)9.6%
ROIC (TTM)3.8%
Operating margin by fiscal year
10.4%FY202112.4%FY202216.4%FY202318.8%FY202419.2%FY2025
Revenue $20.6B (FY2021) to $24.9B (FY2025), a 4.8% CAGR.

Valuation

P/E (TTM)9.5x
EV / EBITDA9.0x
Price / sales1.36x
Price / FCFn/m
FCF yield-12.15%
Buyback yield0.00%
SBC / revenue0.0%
Price / book0.85x
Forward P/E FY20267.9x
Forward P/E FY20277.3x
Forward P/E FY20286.7x
Forward multiples divide today's price by Street EPS estimates. Street mean target $19.00 across 13 analysts last quarter is theirs, not ours.

PCG vs industry median

139 companies in Regulated Electric
Gross margin 56.2% 39.0% Operating margin 20.0% 19.1% Net margin 12.3% 13.0% ROIC 3.8% 5.7%
PCG (TTM)Industry median Asset turnover 0.18 vs industry 0.24 · financial leverage 4.28

Earnings delivery

Next report 2026-10-22 · consensus EPS $0.42
50%
beat rate, 6 of 12 quarters
+1.6%
median EPS surprise
4
longest beat streak
-8-14+4+6+3+11-0-3-2+18-1+8
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-07-27 to 2026-04-23. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
PCG PG&E Corporation $35.1B9.5x9.6%12.3%+2.1% −20.7%
WEC WEC Energy Group, Inc. $35.4B20.9x12.4%14.5%+8.9% −3.2%
PEG Public Service Enterprise Gr $35.6B17.7x11.8%13.1%+12.7% −12.3%
EXCVV Exelon Corporation $41.1B3.8x9.9%11.0%+5.3% —
ED Consolidated Edison, Inc. $41.4B18.3x9.0%7.6%+9.5% +12.0%
AEE Ameren Corporation $29.4B18.5x12.0%15.0%+3.8% +1.5%
EXC Exelon Corporation $44.8B15.9x9.7%6.6%+6.6% —
DTE DTE Energy Company $27.0B20.4x11.1%8.5%+14.4% —
12-month window: SPY +15.9%, sector ETF XLU −8.1%. Past returns describe history only.

Recent 8-K filings

No 8-K filings on file.

Context

Shares outstanding2,679,968,318
Free float81.9%
Institutional ownership98.0%
Beta0.28
Dividend yield1.53%
Last dividend$0.05 on 2026-09-30
50 / 200-day average$14.63 / $16.40
Large-cap Utilities median P/E20.7x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where PCG sits among 45 scored companies in Regulated Electric (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasurePCGIndustry medianIndustry percentileSector median
P/E (TTM) 11.1x 19.6x
27th		 20.7x
PEG (P/E ÷ 3-yr EPS CAGR) 0.75 1.94
26th		 2.20
Price / sales 1.4x 2.4x
25th		 2.4x
Price / book 1.0x 1.8x
20th		 1.9x
Price / tangible book 1.1x 2.0x
27th		 2.1x
Price / free cash flow —
Price / operating cash flow 4.3x 9.1x
21st		 9.2x
Enterprise value $98.8B $51.2B
84th		 $25.7B
EV / sales 3.8x 3.9x
48th		 4.5x
EV / EBITDA 9.3x 11.6x
32nd		 11.9x
EV / EBIT 16.4x 19.5x
34th		 19.6x
EV / free cash flow —
Earnings yield 9.0% 5.1%
73rd		 4.8%
FCF yield -12.2% -1.8%
9th		 -4.2%
Operating cash flow yield 23.2% 10.7%
81st		 10.3%
Graham number (per share) $21.51 $56.02
7th		 $48.77

Profitability (TTM)

MeasurePCGIndustry medianIndustry percentileSector median
Gross margin 56.2% 43.4%
73rd		 43.4%
EBITDA margin 41.3% 40.2%
57th		 38.7%
Operating margin 20.0% 22.2%
34th		 20.9%
EBIT margin 23.3% 23.8%
45th		 23.2%
Net margin 12.3% 13.5%
41st		 12.4%
NOPAT margin 22.9% 19.3%
82nd		 18.1%
FCF margin -16.5% -5.6%
25th		 -7.6%
Operating cash flow margin 31.5% 29.1%
59th		 28.3%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 21.9% 3.8%
93rd		 4.2%
Stock comp / revenue 0.0% 0.0%
0th		 0.0%
Effective tax rate -14.7% 13.7%
2nd		 18.4%

Returns on capital

MeasurePCGIndustry medianIndustry percentileSector median
ROE (on average equity) 9.7% 10.5%
34th		 9.5%
ROA 2.2% 2.7%
20th		 2.6%
ROIC 6.1% 5.5%
68th		 5.5%
ROCE 4.6% 5.3%
18th		 5.1%
Return on tangible assets 4.3% 4.9%
16th		 4.7%
Cash ROIC (OCF / invested capital) 8.3% 8.6%
39th		 8.0%
Gross profitability (GP / assets) 10.0% 9.1%
55th		 8.6%
ROIC, 3-yr average 4.5% 4.4%
61st		 4.2%
ROIC, 5-yr average 3.1% 4.3%
5th		 4.2%
ROE, 5-yr average 7.2% 10.7%
9th		 9.1%
Incremental ROIC 40.4% 21.9%
82nd		 20.6%

Growth

MeasurePCGIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 5.7% 8.0%
16th		 7.2%
Revenue growth (QoQ) -14.2% -16.9%
59th		 -16.9%
Revenue CAGR, 3 yr 5.1% 2.8%
82nd		 3.0%
Revenue CAGR, 5 yr 5.7% 5.6%
52nd		 6.3%
Gross profit CAGR, 3 yr 65.4% 8.0%
98th		 7.9%
Operating income CAGR, 3 yr 17.2% 10.5%
86th		 9.4%
Net income growth (TTM YoY) 30.0% 8.5%
90th		 8.6%
Net income CAGR, 3 yr 17.4% 9.5%
84th		 8.8%
EPS growth (TTM YoY) 25.3% 2.3%
88th		 4.2%
EPS CAGR, 3 yr 14.8% 6.6%
89th		 6.6%
EPS CAGR, 5 yr 29.6% 4.1%
98th		 4.0%
FCF growth (TTM YoY) —
FCF CAGR, 3 yr —
Operating cash flow CAGR, 3 yr 21.5% 17.7%
67th		 12.7%
Book value CAGR, 3 yr 10.1% 4.8%
98th		 4.7%
Dividend CAGR, 3 yr 23.4% 0.3%
100th		 0.3%
Sustainable growth rate 8.5% 3.8%
89th		 3.7%

Margin history & stability

MeasurePCGIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 33.0% 44.0%
14th		 42.6%
Operating margin, 3-yr average 19.2% 21.9%
34th		 20.0%
Net margin, 3-yr average 10.8% 13.0%
25th		 12.5%
FCF margin, 3-yr average -14.8% -4.3%
20th		 -7.9%
Revenue stability (0-1) 0.93 0.75
86th		 0.75
Earnings stability (0-1) 0.82 0.43
86th		 0.51
Margin stability (0-1) 0.26 0.83
2nd		 0.84

Liquidity (latest quarter)

MeasurePCGIndustry medianIndustry percentileSector median
Cash & short-term investments $972.0M $241.0M
70th		 $215.5M
Net cash (− = net debt) −$63.7B −$24.6B
16th		 −$12.1B
Working capital $2.7B −$794.4M
100th		 −$284.5M
Current ratio 1.22 0.80
93rd		 0.82
Quick ratio 1.15 0.66
91st		 0.69
Cash ratio (cash + ST investments / current liabilities) 0.08 0.07
57th		 0.08
Defensive interval (days) 416 days 286 days
69th		 314 days

Leverage & solvency (latest quarter)

MeasurePCGIndustry medianIndustry percentileSector median
Total debt $64.7B $25.1B
84th		 $12.5B
Debt / equity 1.91 1.68
64th		 1.61
Net debt / equity 1.88 1.67
75th		 1.60
Debt / assets 44.6% 44.6%
50th		 43.4%
Debt / capital 65.6% 62.7%
64th		 61.8%
Debt / EBITDA 6.07 5.59
66th		 5.59
Net debt / EBITDA 5.98 5.54
66th		 5.53
Interest coverage (EBIT / interest) 1.9x 2.4x
7th		 2.4x
Cash interest coverage 2.6x 3.1x
23rd		 3.0x
Debt payback (years of OCF) 7.9 yrs 7.5 yrs
60th		 7.5 yrs
Liabilities / assets 76.5% 73.0%
80th		 70.8%
IS credit model rating B+ — —
Implied credit spread (bps) 650 750
25th		 750

Efficiency

MeasurePCGIndustry medianIndustry percentileSector median
Asset turnover 0.18 0.21
27th		 0.20
Fixed asset turnover 0.26 0.27
47th		 0.27
Inventory turnover 13.8 6.7
73rd		 8.7
Receivables turnover 4.5 8.7
5th		 8.4
Days sales outstanding 81 days 41 days
98th		 43 days
Days inventory outstanding 26 days 54 days
28th		 42 days
Days payables outstanding 92 days 77 days
65th		 75 days
Cash conversion cycle (days) 16 days 15 days
51st		 14 days
Capex / revenue 48.0% 33.3%
76th		 35.1%
Capex / depreciation 2.68 2.35
57th		 2.40
Operating expense ratio 63.1% 30.3%
93rd		 30.7%

Cash flow & earnings quality

MeasurePCGIndustry medianIndustry percentileSector median
Operating cash flow / net income 2.57 2.19
75th		 2.20
FCF / net income −1.35 −0.32
32nd		 −0.74
FCF / operating cash flow -52.3% -20.3%
32nd		 -33.3%
Capex / operating cash flow 152.3% 120.3%
68th		 133.3%
Accruals ratio -3.5% -3.3%
45th		 -3.2%
Sloan accruals ratio -0.6% -3.7%
91st		 -3.7%
Earnings quality score (0-1) 1.00 1.00
16th		 1.00

Dividends & buybacks

MeasurePCGIndustry medianIndustry percentileSector median
Dividend yield 1.5% 3.3%
5th		 3.3%
Dividend per share (TTM) $0.20 $2.56
7th		 $1.87
Payout ratio (dividends / net income) 12.7% 65.4%
9th		 63.9%
Dividends / FCF —
Dividend growth (YoY) 93.3% 3.9%
98th		 3.9%
Buyback yield 0.0% 0.0%
0th		 0.0%
Shareholder yield (dividends + buybacks) 1.1% 3.3%
5th		 3.3%
Share count change (YoY) 3.7% 2.2%
82nd		 2.5%
Buybacks, last 5 years $0 $0
0th		 $0

Scores & forensic checks

MeasurePCGIndustry medianIndustry percentileSector median
IS score 46 42
68th		 40
IS profitability 53 50
57th		 44
IS growth 61 49
82nd		 50
IS value 82 58
66th		 56
IS momentum 88 77
86th		 78
IS risk (safety) 15 15
0th		 15
IS quality 67 66
61st		 64
IS balance sheet 25 25
48th		 28
IS earnings quality 68 79
7th		 79
IS cash flow 35 35
20th		 35
Piotroski F-score (0-9) 7 6
64th		 6
Altman Z-score 0.6 0.8
5th		 0.9
Beneish M-score −3.08 −2.60
2nd		 −2.64
Ohlson O-score −7.39 −7.06
32nd		 −7.04
IS credit score 30 27
68th		 29

Per share

MeasurePCGIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $1.39 $3.90
7th		 $3.13
Book value per share $14.84 $34.68
7th		 $32.52
Tangible book per share $15.44 $34.58
11th		 $32.45
Revenue per share $11.31 $27.50
2nd		 $24.86
FCF per share −$1.87 −$1.01
43rd		 −$1.64
Operating cash flow per share $3.57 $8.38
11th		 $7.00
Cash per share $0.43 $0.80
39th		 $0.83

Size (TTM)

MeasurePCGIndustry medianIndustry percentileSector median
Market cap $35.1B $21.5B
70th		 $8.5B
Revenue $25.8B $12.5B
84th		 $5.4B
EBITDA $10.7B $4.3B
84th		 $2.7B
Net income $3.2B $1.3B
82nd		 $559.7M
Free cash flow −$4.3B −$189.0M
2nd		 −$190.6M
Total assets $145.1B $56.2B
84th		 $34.0B
Shareholders' equity $33.9B $12.5B
84th		 $5.1B
Employees 29,010 9,950
98th		 5,870

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-09-30Denault Leo P
Director
 Award / grant 2,653——13,655
2026-09-30Larsen John O
Director
 Open-market buy 7,500$12.20$91,50036,685
2026-09-23Vallejo Alejandro T
EVP, Chief People Officer
 Award / grant 597——35,527
2026-09-04Fugate William Craig
Director
 Open-market sale 6,500$13.76$89,44073,530
2026-08-21Vallejo Alejandro T
EVP, Chief People Officer
 Award / grant 421——34,931
2026-08-01Vallejo Alejandro T
EVP, Chief People Officer
 Award / grant 11,240——75,229
2026-08-01Vallejo Alejandro T
EVP, Chief People Officer
 Tax withholding 5,086$17.38$88,39570,143
2026-07-23Vallejo Alejandro T
EVP, Chief People Officer
 Award / grant 422——34,510
2026-07-22Santos Marlene
other: EVP, Enterprise Transformation
 Open-market sale 158,250$18.00$2.8M230,885
2026-07-22Cooper Kerry Whorton
Director
 Open-market sale 1,250$18.00$22,50088,475
2026-06-30Denault Leo P
Director
 Award / grant 1,932——10,970
2026-06-23Vallejo Alejandro T
EVP, Chief People Officer
 Award / grant 442——33,991

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunJulAugSep

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired22167,610—
GiftDisposed110,675—
GiftAcquired110,675—
Open-market buyAcquired17,500$91,500
Open-market saleDisposed6276,300$4.8M
Tax withholdingDisposed15,086$88,395
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

FiledFilerShares proposedEst. proceeds
None on file.
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 1 trades (1 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-25Ro KhannaHousePurchase$1,001 - $15,0002026-10-09
2025-09-22Val HoyleHouseSale (Full)$1,001 - $15,0002025-10-10
2025-02-26Gilbert CisnerosHouseSale$1,001 - $15,0002025-03-07
2025-02-25Gilbert Ray CisnerosHouseSale (Full)$1,001 - $15,0002025-03-07
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.203,140,117$3.4B7.58%
VANGUARD CAPITAL MANAGEMENT LLC142,036,384$2.4B5.30%
STATE STREET CORP128,484,925$2.2B4.79%
FMR LLC119,559,243$2.0B4.46%
VANGUARD PORTFOLIO MANAGEMENT LLC110,884,839$1.9B4.14%
MASSACHUSETTS FINANCIAL SERVICES CO /MA/101,483,416$1.7B3.79%
GEODE CAPITAL MANAGEMENT, LLC66,995,996$1.2B2.50%
DEUTSCHE BANK AG\40,144,363$675.2M1.50%
Gallagher Fiduciary Advisors, LLC38,625,717$300.9M1.44%
AMERIPRISE FINANCIAL INC36,787,426$618.6M1.37%
NORGES BANK31,995,975$538.2M1.19%
PRICE T ROWE ASSOCIATES INC /MD/29,905,852$503.0M1.12%
JPMORGAN CHASE & CO27,224,628$469.4M1.02%
Sessa Capital IM, L.P.24,578,101$413.4M0.92%
FRANKLIN RESOURCES INC24,470,518$411.6M0.91%

Institutional ownership by quarter

2023-092026-0698.0%
% of shares held by 13F filers
2023-092026-06937
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-3093798.0%11740531477
2026-03-3190895.7%12942225386
2025-12-3187997.2%15538623386
2025-09-3083295.2%15332226874
2025-06-3076094.8%11431824393
2025-03-3175294.5%132307236105
2024-12-3173493.5%12734317759
2024-09-3067789.7%8229520763
2024-06-3066695.0%7728120865
2024-03-3166490.5%10425521270
2023-12-3163992.2%10626018559
2023-09-3059889.9%8826814638

Schedule 13D / 13G filers

FiledFormFiler% of classShares
None on file.
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.04%$831.5M
VTSAX0.04%$831.5M
VTI0.04%$831.5M
VSMPX0.04%$831.5M
VOO0.04%$708.5M
VFIAX0.04%$708.5M

Share structure

Shares outstanding2,679,968,318
Float2,194,913,342
Free float81.9%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$20.6B$21.7B$24.4B$24.4B$24.9B
Cost of revenue$18.5B$19.0B$20.4B$15.3B$20.1B
Gross profit$2.1B$2.7B$4.0B$9.2B$4.9B
R&D$0$0$0$0$0
SG&A$0$0$0$0$0
Operating income$2.1B$2.7B$4.0B$4.5B$4.9B
EBITDA$6.3B$6.7B$7.9B$9.9B$9.9B
Pretax income$748.0M$476.0M$699.0M$2.3B$2.4B
Income tax$836.0M−$1.3B−$1.6B−$200.0M−$280.0M
Net income−$88.0M$1.8B$2.3B$2.5B$2.7B
EPS, diluted$-0.05$0.84$1.05$1.15$1.18
Diluted shares2.0B2.1B2.1B2.1B2.2B

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$291.0M$734.0M$635.0M$940.0M$713.0M
Receivables$8.3B$8.8B$10.5B$12.7B$11.7B
Inventory$596.0M$842.0M$870.0M$820.0M$820.0M
Total current assets$11.1B$12.8B$14.4B$17.2B$15.8B
PP&E, net$71.1B$77.5B$82.9B$88.8B$96.8B
Goodwill & intangibles$0$0$0$0$0
Total assets$103.3B$118.6B$125.7B$133.7B$141.6B
Accounts payable$2.9B$2.9B$2.3B$2.7B$3.4B
Total current liabilities$17.4B$15.8B$17.3B$16.3B$16.3B
Long-term debt$38.2B$47.7B$51.0B$53.6B$57.4B
Total liabilities$82.1B$95.6B$100.4B$103.3B$108.8B
Shareholders' equity$21.2B$23.1B$25.3B$30.4B$32.8B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income−$88.0M$1.8B$2.3B$2.5B$2.7B
Depreciation & amortization$3.9B$4.3B$4.3B$4.6B$5.0B
Stock-based compensation$0$0$0$0$0
Change in working capital−$3.5B−$2.5B−$1.4B−$614.0M−$139.0M
Operating cash flow$2.3B$3.7B$4.7B$8.0B$8.7B
Capital expenditure−$7.7B−$9.6B−$9.7B−$10.4B−$11.8B
Free cash flow−$5.4B−$5.9B−$5.0B−$2.3B−$3.1B
Investing cash flow−$6.9B−$10.2B−$9.2B−$11.4B−$12.3B
Net debt issued / repaid$4.0B$7.1B$4.4B$1.1B$3.8B
Buybacks$0$0$0$0$0
Dividends paid$0$0$0−$86.0M−$317.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin10.4%12.4%16.4%18.8%29.2%
Operating margin10.4%12.4%16.4%18.8%19.2%
Net margin-0.4%8.4%9.2%10.3%10.8%
FCF margin-26.3%-27.0%-20.3%-9.6%-12.3%
ROE-0.4%8.3%9.4%9.1%8.6%
ROIC-0.4%13.5%15.7%5.7%5.7%
ROA-0.1%1.6%1.8%1.9%2.0%
Debt / equity2.202.352.311.941.88
Interest coverage1.5x1.2x1.2x1.8x1.9x
Current ratio0.640.810.831.050.97
Revenue growth+11.8%+5.0%+12.7%−0.0%+2.1%
EPS growth+94.2%+2,019.2%+24.3%+10.7%+4.9%
P/E at year endn/m19.0x17.0x17.2x13.1x
EV / EBITDA at year end11.1x13.0x12.1x10.1x9.4x
FCF yield at year end-22.65%-17.02%-12.98%-5.40%-8.68%
Dividend payout—0.0%0.0%3.4%11.7%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Electricity$15.1B$15.1B$17.4B$18.6B$18.3B
Natural Gas, US Regulated$5.5B$6.6B$7.0B$6.6B$6.8B

Street estimates by fiscal year

Next report 2026-10-22 · consensus EPS $0.42 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$26.2B$25.0B – $26.7B$1.65$1.64 – $1.73107.9x
2027$27.2B$26.1B – $27.7B$1.80$1.79 – $1.85107.3x
2028$28.2B$27.2B – $29.4B$1.95$1.89 – $1.9956.7x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-04-23$0.40$0.43+8.0%$6.3B$6.9B+10.0%
2026-02-12$0.36$0.36−1.1%$7.1B$6.8B−3.5%
2025-10-23$0.42$0.50+17.9%$6.4B$6.2B−2.5%
2025-07-31$0.32$0.31−1.9%$6.2B$5.9B−5.5%
2025-04-24$0.34$0.33−3.3%$6.1B$6.0B−2.5%
2025-02-13$0.31$0.31−0.1%$7.2B$6.6B−8.1%
2024-11-07$0.33$0.37+10.9%$6.6B$5.9B−9.7%
2024-07-25$0.30$0.31+3.3%$5.9B$6.0B+2.1%
2024-04-25$0.35$0.37+5.7%$6.6B$5.9B−11.2%
2024-02-22$0.45$0.47+4.4%$5.9B$7.0B+20.3%
2023-10-26$0.28$0.24−14.3%$5.5B$5.9B+7.5%
2023-07-27$0.25$0.23−8.0%$5.5B$5.3B−3.6%
2023-05-04$0.29$0.290.0%$5.9B$6.2B+6.0%
2023-02-23$0.28$0.26−7.1%$5.5B$5.4B−2.8%
2022-10-27$0.20$0.29+45.0%$6.0B$5.4B−10.0%
2022-07-28$0.30$0.25−16.7%$5.8B$5.1B−11.9%
2022-04-28$0.25$0.30+20.0%$5.2B$5.8B+10.6%
2022-02-10$0.28$0.22−21.4%$5.5B$5.2B−3.9%
2021-11-01$0.26$0.24−7.7%$5.4B$5.5B+1.8%
2021-07-29$0.29$0.27−6.9%$5.1B$5.2B+1.7%
2021-04-29$0.28$0.23−17.9%$4.9B$4.7B−3.1%
2021-02-25$0.19$0.21+10.5%$5.2B$4.7B−8.0%
2020-10-29$0.25$0.22−12.0%$5.6B$4.9B−13.3%
2020-07-30$0.68$1.03+51.5%$3.9B$4.5B+17.0%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.206-150.306-220.106-290.207-060.207-130.407-200.307-270.408-030.408-100.408-170.708-241.708-31
Week ofNotionalSharesTrades
2026-08-31$1.7B122,971,932344,277
2026-08-24$701.1M40,622,973158,324
2026-08-17$396.2M22,153,807140,608
2026-08-10$362.3M20,825,364128,846
2026-08-03$420.1M24,314,760143,329
2026-07-27$334.5M18,835,884131,253

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1537.1%
DateShort shareShort volumeTotal volume
2026-10-1537.1%4,532,78712,221,766
2026-10-1420.0%1,812,5479,071,357
2026-10-1333.7%5,780,55917,171,149
2026-10-1234.0%2,765,8178,124,615
2026-10-0937.6%5,540,37714,752,531
2026-10-0835.7%5,186,78314,531,623
2026-10-0742.0%6,970,61416,583,478
2026-10-0630.1%3,456,07911,500,815
2026-10-0525.3%2,881,99511,391,583
2026-10-0218.9%3,046,93816,138,239
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
-1.6Jan+1.5Feb-0.0Mar+4.5Apr-2.0May-1.1Jun-0.5Jul-0.5Aug-0.1Sep+0.9Oct+0.4Nov+2.4Dec
MonthAvg returnUp yearsYears
Jan−1.6%40%20
Feb+1.5%40%20
Mar−0.0%71%21
Apr+4.5%75%20
May−2.0%35%20
Jun−1.1%55%20
Jul−0.5%55%20
Aug−0.5%60%20
Sep−0.1%40%20
Oct+0.9%80%20
Nov+0.4%55%20
Dec+2.4%75%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1446.8
MFI54.1
ADX24.0
Stochastic %K / %D68.2 / 72.1
Williams %R-31.0
CCI82
TSI / signal-17.0 / -26.6
Chaikin money flow0.07
ATR$0.48
Bollinger width13.0%
Volume vs 20-day avg0.44x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$12.63 (+3.6%)
SMA 50$14.54 (−10.0%)
SMA 200$16.38 (−20.1%)
EMA 21$13.07 (+0.2%)
EMA 50$14.10 (−7.2%)
EMA 200$15.81 (−17.2%)
Bollinger upper$13.45 (−2.7%)
Bollinger lower$11.80 (+10.9%)
Parabolic SAR$12.34 (+6.1%)
Open the live chart, 110+ indicators

About PG&E Corporation

PG&E Corporation operates as a holding company, overseeing the generation, transmission, and distribution of electricity and natural gas to its clientele. The firm's expertise spans a broad range of energy-related services, including general utilities, power provision, gas supply, electrical grids, solar solutions, and sustainability initiatives. Established in 1995, the company maintains its corporate headquarters in Oakland, California.

https://www.pgecorp.com

Key executives

NameTitlePayBorn
Patricia Kessler PoppeChief Executive Officer & Director$8.6M1969
Marlene SantosChief Transformation Officer & Executive VP of Enterprise Transformation Office$2.4M1961
Sumeet SinghCEO of Pacific Gas and Electric Company and Executive VP of Energy Delivery$2.4M1979
John R. SimonEVP, General Counsel, Chief Ethics & Compliance Officer and Corporate Secretary$1.9M1965
Jason GlickmanExecutive Vice President of Strategy & Growth$1.8M1981
Carolyn J. BurkeChief Financial Officer & Executive Vice President$1.7M1967
Ajay WaghrayExecutive Vice President & Chief Information Officer$1.7M1962
Alejandro T. VallejoExecutive Vice President & Chief People Officer$988,5711977

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Anthony F. Earley, Jr. Chairman, Chief Executive Officer, and President, PG&E Corporation2012$1.2M$6.5M$1.7M$9.9M
Christopher P. Johns President, Pacific Gas and Electric Company2012$723,138$2.5M$855,725$5.1M
Kent M. Harvey Senior Vice President and Chief Financial Officer, PG&E Corporation, and Senior Vice President, Financial Services, Pacific Gas and Electric Company2012$583,417$1.8M$603,744$4.5M
Edward D. Halpin Senior Vice President and Chief Nuclear Officer, Pacific Gas and Electric Company2012$382,500$1.6M$288,635$3.3M
Hyun Park Senior Vice President and General Counsel, PG&E Corporation2012$582,076$1.1M$551,040$2.6M
John R. Simon Senior Vice President, Human Resources, PG&E Corporation and Pacific Gas and Electric Company2012$392,494$627,318$323,665$1.6M

Employees

24k201823k201924k202026k202126k202228k202328k202429k2025

Dividends

Ex-dateAmountPaid
2026-09-30$0.052026-10-15
2026-06-30$0.052026-07-15
2026-03-31$0.052026-04-15
2025-12-31$0.052026-01-15
2025-09-30$0.0252025-10-15
2025-06-30$0.0252025-07-15
2025-03-31$0.0252025-04-15
2024-12-31$0.0252025-01-15

Moat model

Weak · Intangible Assets · 2026-06-30
Cost advantage24
Intangibles59
Switching costs57
Network effect43
Efficient scale42
Our component scores (0-100) and overall 46.6; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms