PG&E Corporation (PCG) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.7 million electricity customers and 4.6 m...
PG&E Corporation's revenue increased 2.1% year over year, from $24.42B to $24.93B.
Net income increased 4.8% over the same period, from $2.48B to $2.59B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 41% in total.
Total debt increased by 9.0% to $60.06B.
The debt-to-equity ratio stands at 1.85, indicating a elevated leverage profile.
Operating cash flow grew 8.5% to $8.72B.
PG&E Corporation maintains a healthy net profit margin of 10.4%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $5.94B-0.8% | $576.0M | $5.02B | $1.03B | $3.13B | $132.32B | $56.77B | $26.83B |
| Q4 FY2024 | $6.63B+11.6% | $647.0M | $5.92B | $1.02B | $1.93B | $133.66B | $55.09B | $30.15B |
| Q1 FY2025 | $5.98B-9.8% | $607.0M | $5.09B | $1.22B | $2.85B | $135.44B | $54.18B | $30.68B |
| Q2 FY2025 | $5.90B-1.4% | $521.0M | $5.19B | $1.10B | $1.06B | $136.38B | $55.53B | $31.19B |
| Q3 FY2025 | $6.25B+6.0% | $823.0M | $5.10B | $1.21B | $2.85B | $138.25B | $56.56B | $31.98B |
| Q4 FY2025 | $6.80B+8.9% | $642.0M | $5.84B | $1.22B | $1.96B | $141.61B | $60.06B | $32.54B |
| Q1 FY2026 | $6.88B+1.1% | $858.0M | $5.85B | $1.47B | $2.43B | N/A | N/A | N/A |
| Q2 FY2026 | $5.90B-14.2% | $733.0M | $4.99B | $1.26B | $906.0M | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
PG&E Corporation (PCG) Financial Statements & Revenue History
PG&E Corporation (PCG) is a US-listed stock operating in the Utilities sector, specifically the Electric & Other Services Combined industry trading at $13.06 with a market capitalization of $39. This page provides 42 historical financial statements for PG&E Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, PG&E Corporation reported revenue of $24.9 billion, representing 2.1% year-over-year growth. The net profit margin of 10.4% indicates moderate profitability. The debt-to-equity ratio of 1.85 indicates elevated leverage.
PCG Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows PG&E Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether PCG is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track PCG's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently PG&E Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of PCG's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use PCG Financial Data
Investors use PG&E Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare PCG's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how PCG's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View PCG's financial health score, earnings, and pre-market pricing.
Financial data is sourced from PG&E Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.PCG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.