What is PG&E Us's earnings per share (EPS)?

PG&E Us (PCG) reported diluted earnings per share of $1.18 for fiscal year 2025. This represents a 2.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

PG&E Us Financials

PCG

FY2025 annual

Revenue $24.9B +2.1% YoY

Net Income $3K +4.8% YoY

EPS (Diluted) $1.18 +2.6% YoY

Free Cash Flow -$3.1B -31.6% YoY

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

PG&E Us (PCG) reported $24.9B in revenue for fiscal year 2025, up 2.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PCG FY2025 2026-04-23

Cash generation is improving, but heavy reinvestment keeps PG&E reliant on financing rather than internally produced surplus.

From FY2021 to FY2025, operating cash flow climbed from $2.3B to $8.7B, yet free cash flow remained negative because capital spending rose from $7.7B to $11.8B. That combination says the core business is throwing off more cash, but the asset base still absorbs even more, so stronger operations have not yet translated into self-funded growth or balance-sheet relief.

The jump in operating margin from 10.9% in FY2023 to 19.1% in FY2025 happened without meaningful top-line expansion. Revenue was still only about $25B, which means the profit improvement came mostly from a changed cost structure or business mix, not simply from selling a lot more.

Liquidity is managed with a thin cash buffer: FY2025 cash was $713M against current liabilities of $16.3B. At the same time, long-term debt reached $57.4B, yet debt-to-equity was slightly lower than in FY2022, showing equity rebuilding has partly kept leverage from becoming more stretched even as borrowing increased.

Financial Health Signals

Financial Health Score 45/100

Scored as: Utilities peer group

Scored against utilities for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of PG&E Us's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Growth

Leverage

Liquidity

Cash Flow

Returns

Altman Z-Score Distress

0.49

PG&E Us scores 0.49, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

3/8

PG&E Us passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

N/A

PG&E Us reported $3K of net income while generating $8.7B in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.

Interest Coverage At Risk

1.57x

PG&E Us earns $1.57 in operating income for every $1 of interest expense ($4.7B vs $3.0B). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$24.9B

YoY+2.1%

5Y CAGR+6.2%

10Y CAGR+4.0%

PG&E Us generated $24.9B in revenue in fiscal year 2025. This represents an increase of 2.1% from the prior year.

Net Income

$3K

YoY+4.8%

10Y CAGR-72.0%

PG&E Us reported $3K in net income in fiscal year 2025. This represents an increase of 4.8% from the prior year.

EPS (Diluted)

$1.18

YoY+2.6%

PG&E Us earned $1.18 per diluted share (EPS) in fiscal year 2025. This represents an increase of 2.6% from the prior year.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$3.1B

YoY-31.6%

PG&E Us recorded an outflow of $3.1B in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 31.6% from the prior year.

Cash & Debt

$713.0M

YoY-24.1%

5Y CAGR+8.1%

10Y CAGR+19.2%

PG&E Us held $713.0M in cash against $57.4B in long-term debt as of fiscal year 2025.

Shares Outstanding

2.68B

YoY+0.2%

PG&E Us had 2.68B shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Operating Margin

19.1%

YoY+0.8pp

5Y CAGR+9.6pp

10Y CAGR+10.1pp

PG&E Us's operating margin was 19.1% in fiscal year 2025, reflecting core business profitability. This is up 0.8 percentage points from the prior year.

Net Margin

0.0%

YoY0.0pp

5Y CAGR+7.1pp

10Y CAGR-5.3pp

PG&E Us's net profit margin was 0.0% in fiscal year 2025, showing the share of revenue converted to profit. That is unchanged from the prior year.

Return on Equity

0.0%

YoY0.0pp

5Y CAGR+6.2pp

10Y CAGR-5.4pp

PG&E Us's ROE was 0.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. That is unchanged from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Capital Allocation

Capital Expenditures

$11.8B

YoY+13.7%

5Y CAGR+8.9%

10Y CAGR+8.6%

PG&E Us invested $11.8B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 13.7% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

Share Buybacks

Not reported for fiscal year 2025.

PCG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

PCG annual income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$25.8B	$24.9B+2.1%	$24.4B0.0%	$24.4B+12.7%	$21.7B+5.0%	$20.6B+11.8%	$18.5B+7.8%	$17.1B+2.2%	$16.8B-2.2%	$17.1B-3.0%	$17.7B+4.9%	$16.8B-1.5%	$17.1B+9.6%	$15.6B+3.7%	$15.0B+0.6%	$15.0B
Operating Income	$5.2B	$4.7B+6.5%	$4.5B+66.9%	$2.7B+45.4%	$1.8B-2.4%	$1.9B+7.3%	$1.8B+117.4%	-$10.1B-4.1%	-$9.7B-433.9%	$2.9B+39.7%	$2.1B+37.9%	$1.5B-38.4%	$2.5B+39.0%	$1.8B+4.1%	$1.7B-12.8%	$1.9B
Interest Expense	$3.1B	$3.0B-0.8%	$3.1B+7.1%	$2.9B+48.7%	$1.9B+19.7%	$1.6B+27.1%	$1.3B+34.9%	$934.0M+0.5%	$929.0M+4.6%	$888.0M+7.1%	$829.0M+7.2%	$773.0M+5.3%	$734.0M+2.7%	$715.0M+1.7%	$703.0M+0.4%	$700.0M
Income Tax	-$406.0M	-$280.0M-40.0%	-$200.0M+87.2%	-$1.6B-16.4%	-$1.3B-260.0%	$836.0M+130.9%	$362.0M+110.6%	-$3.4B-3.3%	-$3.3B-744.2%	$511.0M+829.1%	$55.0M+303.7%	-$27.0M-107.8%	$345.0M+28.7%	$268.0M+13.1%	$237.0M-46.1%	$440.0M
Net Income	$463.0M	$3K+4.8%	$2K+10.4%	$2K+24.6%	$2K+1864.7%	-$102+100.0%	-$1.3B+82.9%	-$7.6B-11.8%	-$6.8B-511.9%	$1.7B+18.0%	$1.4B+58.4%	$888.0M-38.8%	$1.4B+75.1%	$828.0M-0.2%	$830.0M-3.3%	$858.0M
EPS (Diluted)	—	$1.18+2.6%	$1.15+9.5%	$1.05+25.0%	$0.84+1780.0%	-$0.05	-$1.05	-$14.50-9.4%	-$13.25-512.8%	$3.21+15.5%	$2.78+55.3%	$1.79-41.5%	$3.06+67.2%	$1.83-4.7%	$1.92-8.6%	$2.10

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$5.9B-14.2%	$6.9B+1.1%	$6.8B+8.9%	$6.3B+6.0%	$5.9B-1.4%	$6.0B-9.8%	$6.6B+11.6%	$5.9B
Operating Income	$1.3B-14.1%	$1.5B+20.1%	$1.2B+1.2%	$1.2B+10.3%	$1.1B-10.2%	$1.2B+19.6%	$1.0B-0.9%	$1.0B
Interest Expense	$796.0M-0.9%	$803.0M+9.7%	$732.0M-4.9%	$770.0M-2.8%	$792.0M+7.9%	$734.0M+0.7%	$729.0M-8.3%	$795.0M
Income Tax	-$87.0M-535.0%	$20.0M+116.8%	-$119.0M+45.9%	-$220.0M-1200.0%	$20.0M-48.7%	$39.0M+118.1%	-$215.0M-102.8%	-$106.0M
Net Income	$761.0M-14.0%	$885.0M+143.5%	-$2.0B-339.2%	$850.0M+54.8%	$549.0M-13.4%	$634.0M+134.5%	-$1.8B-417.4%	$579.0M
EPS (Diluted)	$0.33-15.4%	$0.39	N/A	$0.37+54.2%	$0.24-14.3%	$0.28	N/A	$0.27

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

PCG Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

PCG annual balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$141.6B+5.9%	$133.7B+6.3%	$125.7B+5.9%	$118.6B+14.8%	$103.3B+5.6%	$97.9B+14.9%	$85.2B+10.7%	$77.0B+13.2%	$68.0B-0.9%	$68.6B+8.5%	$63.2B+5.2%	$60.1B+8.1%	$55.6B+6.0%	$52.4B+5.4%	$49.8B
Current Assets	$15.8B-8.1%	$17.2B+19.7%	$14.4B+12.2%	$12.8B+15.7%	$11.1B+15.4%	$9.6B-5.5%	$10.2B+10.5%	$9.2B+46.4%	$6.3B+1.9%	$6.2B+6.0%	$5.8B-9.0%	$6.4B+6.9%	$6.0B+16.7%	$5.1B-21.0%	$6.5B
Cash & Equivalents	$713.0M-24.1%	$940.0M+48.0%	$635.0M-13.5%	$734.0M+152.2%	$291.0M-39.9%	$484.0M-69.2%	$1.6B-5.9%	$1.7B+271.5%	$449.0M+153.7%	$177.0M+43.9%	$123.0M-18.5%	$151.0M-49.0%	$296.0M-26.2%	$401.0M-21.8%	$513.0M
Inventory	$75.0M+44.2%	$52.0M-20.0%	$65.0M-28.6%	$91.0M+106.8%	$44.0M-53.7%	$95.0M-2.1%	$97.0M-12.6%	$111.0M-3.5%	$115.0M-1.7%	$117.0M-7.1%	$126.0M-26.7%	$172.0M+25.5%	$137.0M+1.5%	$135.0M-15.1%	$159.0M
Accounts Receivable	$2.3B+2.1%	$2.2B+8.4%	$2.0B-22.6%	$2.6B+12.8%	$2.3B+24.5%	$1.9B+46.3%	$1.3B+12.1%	$1.1B-7.6%	$1.2B-0.7%	$1.3B+13.2%	$1.1B+15.2%	$960.0M-12.0%	$1.1B+16.4%	$937.0M-5.5%	$992.0M
Total Liabilities	$109.1B+5.4%	$103.5B+2.8%	$100.7B+5.0%	$95.8B+16.3%	$82.4B+7.2%	$76.9B-4.0%	$80.1B+24.4%	$64.3B+31.9%	$48.8B-3.7%	$50.7B+8.6%	$46.7B+5.1%	$44.4B+7.6%	$41.3B+4.8%	$39.4B+4.6%	$37.6B
Current Liabilities	$16.3B-0.2%	$16.3B-5.7%	$17.3B+9.7%	$15.8B-9.4%	$17.4B+28.3%	$13.6B+78.0%	$7.6B-81.7%	$41.7B+484.9%	$7.1B-5.8%	$7.6B+18.9%	$6.4B+7.5%	$5.9B-21.0%	$7.5B+19.8%	$6.3B-19.3%	$7.7B
Long-Term Debt	$57.4B+7.1%	$53.6B+5.1%	$51.0B+6.8%	$47.7B+24.9%	$38.2B+2.5%	$37.3B	N/A	$22.1B+24.3%	$17.8B+9.5%	$16.2B+1.9%	$15.9B+5.8%	$15.1B+18.3%	$12.7B+1.6%	$12.5B+6.4%	$11.8B
Total Equity	$32.5B+7.9%	$30.1B+20.4%	$25.0B+9.7%	$22.8B+8.8%	$21.0B-0.1%	$21.0B+308.9%	$5.1B-59.4%	$12.7B-34.2%	$19.2B+7.1%	$17.9B+8.2%	$16.6B+5.3%	$15.7B+9.8%	$14.3B+9.7%	$13.1B+8.0%	$12.1B
Retained Earnings	-$650.0M+78.1%	-$3.0B+44.3%	-$5.3B+29.4%	-$7.5B+18.8%	-$9.3B-1.0%	-$9.2B-16.5%	-$7.9B-3056.8%	-$250.0M-103.8%	$6.6B+14.7%	$5.8B+8.5%	$5.3B-0.3%	$5.3B+12.1%	$4.7B-0.1%	$4.7B+0.7%	$4.7B

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$145.1B+2.2%	$142.0B+0.2%	$141.6B+2.4%	$138.2B+1.4%	$136.4B+0.7%	$135.4B+1.3%	$133.7B+1.0%	$132.3B
Current Assets	$15.4B+4.1%	$14.8B-6.5%	$15.8B+10.0%	$14.4B-5.1%	$15.2B-10.3%	$16.9B-1.9%	$17.2B-1.9%	$17.5B
Cash & Equivalents	$972.0M-14.1%	$1.1B+58.6%	$713.0M+76.5%	$404.0M-18.2%	$494.0M-75.6%	$2.0B+115.2%	$940.0M+5.0%	$895.0M
Inventory	$70.0M+2.9%	$68.0M-9.3%	$75.0M+1.4%	$74.0M+1.4%	$73.0M+62.2%	$45.0M-13.5%	$52.0M+2.0%	$51.0M
Accounts Receivable	$1.9B-2.3%	$1.9B-15.0%	$2.3B-3.2%	$2.3B+15.7%	$2.0B-5.1%	$2.1B-3.9%	$2.2B-3.6%	$2.3B
Total Liabilities	$111.2B+2.3%	$108.7B-0.3%	$109.1B+2.6%	$106.3B+1.0%	$105.2B+0.4%	$104.8B+1.2%	$103.5B-1.9%	$105.5B
Current Liabilities	$12.7B+2.6%	$12.3B-24.3%	$16.3B+6.6%	$15.3B-5.5%	$16.2B-9.2%	$17.8B+9.1%	$16.3B-3.3%	$16.9B
Long-Term Debt	$61.8B+2.7%	$60.1B+4.8%	$57.4B+3.3%	$55.5B+2.8%	$54.0B+2.6%	$52.7B-1.7%	$53.6B-2.2%	$54.7B
Total Equity	$33.9B+2.0%	$33.3B+2.2%	$32.5B+1.8%	$32.0B+2.5%	$31.2B+1.6%	$30.7B+1.8%	$30.1B+12.4%	$26.8B
Retained Earnings	$719.0M+641.2%	$97.0M+114.9%	-$650.0M+45.0%	-$1.2B+39.4%	-$1.9B+19.3%	-$2.4B+18.6%	-$3.0B+16.6%	-$3.6B

Not reported in any period shown, so not listed: Goodwill.

PCG Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

PCG annual cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$8.1B	$8.7B+8.5%	$8.0B+69.3%	$4.7B+27.6%	$3.7B+64.5%	$2.3B+111.8%	-$19.1B-497.2%	$4.8B+1.3%	$4.8B-20.5%	$6.0B+35.6%	$4.4B+16.6%	$3.8B+2.4%	$3.7B+7.7%	$3.4B-29.8%	$4.9B+30.6%	$3.7B
Capital Expenditures	$12.4B	$11.8B+13.7%	$10.4B+6.7%	$9.7B+1.4%	$9.6B+24.6%	$7.7B0.0%	$7.7B+21.8%	$6.3B-3.1%	$6.5B+15.5%	$5.6B-1.2%	$5.7B+10.4%	$5.2B+7.0%	$4.8B-7.2%	$5.2B+12.6%	$4.6B+14.5%	$4.0B
Free Cash Flow	-$4.3B	-$3.1B-31.6%	-$2.3B+53.0%	-$5.0B+15.3%	-$5.9B-8.0%	-$5.4B+79.8%	-$26.8B-1691.6%	-$1.5B+15.0%	-$1.8B-624.4%	$336.0M+125.8%	-$1.3B+6.7%	-$1.4B-21.9%	-$1.1B+35.8%	-$1.8B-789.9%	$258.0M+186.3%	-$299.0M
Investing Cash Flow	-$12.2B	-$12.3B-8.3%	-$11.4B-24.2%	-$9.2B+10.3%	-$10.2B-47.9%	-$6.9B+10.9%	-$7.7B-21.5%	-$6.4B+2.8%	-$6.6B-16.2%	-$5.7B+1.8%	-$5.8B-10.4%	-$5.2B-10.5%	-$4.7B+7.7%	-$5.1B-12.8%	-$4.5B-13.5%	-$4.0B
Financing Cash Flow	$4.6B	$3.4B-7.2%	$3.6B-17.7%	$4.4B-38.3%	$7.1B+65.0%	$4.3B-83.3%	$25.9B+1671.0%	$1.5B-51.7%	$3.0B+5610.9%	-$55.0M-104.7%	$1.2B-16.5%	$1.4B+59.6%	$879.0M-44.2%	$1.6B+436.5%	-$468.0M-199.8%	$469.0M
Dividends Paid	N/A	N/A	$86.0M	$0	$0	N/A	N/A	$0	$0-100.0%	$1.0B+10.9%	$921.0M+7.6%	$856.0M+3.4%	$828.0M+5.9%	$782.0M+4.8%	$746.0M+6.0%	$704.0M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$906.0M-62.7%	$2.4B+24.0%	$2.0B-31.3%	$2.9B+169.7%	$1.1B-62.9%	$2.8B+47.4%	$1.9B-38.3%	$3.1B
Capital Expenditures	$3.0B-11.6%	$3.4B+6.3%	$3.2B+7.7%	$2.9B-4.4%	$3.1B+16.3%	$2.6B-6.8%	$2.8B+8.6%	$2.6B
Free Cash Flow	-$2.1B-122.6%	-$926.0M+22.6%	-$1.2B-1395.0%	-$80.0M+96.0%	-$2.0B-1042.7%	$213.0M+123.8%	-$896.0M-270.3%	$526.0M
Investing Cash Flow	-$2.9B+13.5%	-$3.3B-7.7%	-$3.1B-2.8%	-$3.0B+0.7%	-$3.0B+8.0%	-$3.3B-3.4%	-$3.2B-5.4%	-$3.0B
Financing Cash Flow	$1.7B+21.0%	$1.4B+6.4%	$1.3B+594.7%	$188.0M-26.6%	$256.0M-84.1%	$1.6B+33.3%	$1.2B+363.0%	-$459.0M
Dividends Paid	N/A	N/A	N/A	$56.0M+1.8%	$55.0M0.0%	$55.0M+150.0%	$22.0M+4.8%	$21.0M

Not reported in any period shown, so not listed: Share Buybacks.

PCG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

PCG annual financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Margin	19.1%+0.8pp	18.3%+7.3pp	10.9%+2.5pp	8.5%-0.7pp	9.1%-0.4pp	9.5%+68.4pp	-58.9%-1.1pp	-57.9%-74.8pp	17.0%+5.2pp	11.8%+2.8pp	9.0%-5.4pp	14.3%+3.0pp	11.3%0.0pp	11.3%-1.7pp	13.0%
Net Margin	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%+7.1pp	-7.1%+37.5pp	-44.6%-3.8pp	-40.8%-50.5pp	9.7%+1.7pp	8.0%+2.7pp	5.3%-3.2pp	8.5%+3.2pp	5.3%-0.2pp	5.5%-0.2pp	5.7%
Return on Equity	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%+6.2pp	-6.2%+142.6pp	-148.8%-94.8pp	-54.0%-62.7pp	8.6%+0.8pp	7.8%+2.5pp	5.4%-3.9pp	9.2%+3.4pp	5.8%-0.6pp	6.3%-0.7pp	7.1%
Return on Assets	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%+1.3pp	-1.3%+7.6pp	-9.0%-0.1pp	-8.9%-11.3pp	2.4%+0.4pp	2.1%+0.7pp	1.4%-1.0pp	2.4%+0.9pp	1.5%-0.1pp	1.6%-0.1pp	1.7%
Current Ratio	0.97-0.1x	1.05+0.2x	0.830.0x	0.81+0.2x	0.64-0.1x	0.71-0.6x	1.33+1.1x	0.22-0.7x	0.88+0.1x	0.81-0.1x	0.91-0.2x	1.08+0.3x	0.800.0x	0.820.0x	0.84
Debt-to-Equity	1.760.0x	1.78-0.3x	2.04-0.1x	2.09+0.3x	1.820.0x	1.78-13.8x	15.59+13.8x	1.74+0.8x	0.920.0x	0.90-0.1x	0.960.0x	0.96+0.1x	0.89-0.1x	0.960.0x	0.97
FCF Margin	-12.3%-2.8pp	-9.6%+10.8pp	-20.3%+6.7pp	-27.0%-0.7pp	-26.3%	-145.2%	-8.7%+1.8pp	-10.5%-12.5pp	2.0%+9.3pp	-7.4%+0.9pp	-8.3%-1.6pp	-6.7%+4.7pp	-11.4%-13.1pp	1.7%+3.7pp	-2.0%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Margin	21.4%0.0pp	21.4%+3.4pp	18.0%-1.3pp	19.3%+0.8pp	18.6%-1.8pp	20.4%+5.0pp	15.4%-1.9pp	17.3%
Net Margin	12.9%0.0pp	12.9%+42.7pp	-29.9%-43.5pp	13.6%+4.3pp	9.3%-1.3pp	10.6%+38.3pp	-27.7%-37.5pp	9.8%
Return on Equity	2.2%-0.4pp	2.7%+8.9pp	-6.2%-8.9pp	2.7%+0.9pp	1.8%-0.3pp	2.1%+8.2pp	-6.1%-8.3pp	2.2%
Return on Assets	0.5%-0.1pp	0.6%+2.1pp	-1.4%-2.1pp	0.6%+0.2pp	0.4%-0.1pp	0.5%+1.8pp	-1.4%-1.8pp	0.4%
Current Ratio	1.220.0x	1.20+0.2x	0.970.0x	0.940.0x	0.940.0x	0.95-0.1x	1.050.0x	1.04
Debt-to-Equity	1.820.0x	1.810.0x	1.760.0x	1.740.0x	1.730.0x	1.72-0.1x	1.78-0.3x	2.04
FCF Margin	-34.9%-21.5pp	-13.5%+4.1pp	-17.6%-16.3pp	-1.3%+32.8pp	-34.1%-37.6pp	3.6%+17.1pp	-13.5%-22.4pp	8.8%

Not reported in any period shown, so not listed: Gross Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.

Note: The current ratio is below 1.0 (0.97), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Where PG&E Us Ranks

Frequently Asked Questions

What is PG&E Us's annual revenue?

PG&E Us (PCG) reported $24.9B in total revenue for fiscal year 2025. This represents a 2.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is PG&E Us's revenue growing?

PG&E Us (PCG) revenue grew by 2.1% year-over-year, from $24.4B to $24.9B in fiscal year 2025.

Is PG&E Us profitable?

Yes, PG&E Us (PCG) reported a net income of $3K in fiscal year 2025, with a net profit margin of 0.0%.

How much debt does PG&E Us have?

As of fiscal year 2025, PG&E Us (PCG) had $713.0M in cash and equivalents against $57.4B in long-term debt.

What is PG&E Us's operating margin?

PG&E Us (PCG) had an operating margin of 19.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is PG&E Us's net profit margin?

PG&E Us (PCG) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is PG&E Us's return on equity (ROE)?

PG&E Us (PCG) has a return on equity of 0.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is PG&E Us's free cash flow?

PG&E Us (PCG) recorded an outflow of $3.1B in free cash flow during fiscal year 2025. This represents a -31.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is PG&E Us's operating cash flow?

PG&E Us (PCG) generated $8.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are PG&E Us's total assets?

PG&E Us (PCG) had $141.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are PG&E Us's capital expenditures?

PG&E Us (PCG) invested $11.8B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does PG&E Us have outstanding?

PG&E Us (PCG) had 2.68B shares outstanding as of fiscal year 2025.

What is PG&E Us's current ratio?

PG&E Us (PCG) had a current ratio of 0.97 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is PG&E Us's debt-to-equity ratio?

PG&E Us (PCG) had a debt-to-equity ratio of 1.76 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is PG&E Us's return on assets (ROA)?

PG&E Us (PCG) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is PG&E Us's Altman Z-Score?

PG&E Us (PCG) has an Altman Z-Score of 0.49, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is PG&E Us's Piotroski F-Score?

PG&E Us (PCG) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are PG&E Us's earnings high quality?

PG&E Us (PCG) reported $3K of net income while generating $8.7B in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can PG&E Us cover its interest payments?

PG&E Us (PCG) has an interest coverage ratio of 1.57x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is PG&E Us?

PG&E Us (PCG) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its utilities peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.