profit from every $100 of sales.

PG&E
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $10.80 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What PG&E sold, what it kept, and what it did with the cash.
Sales went from $21.7 billion in 2022 to $24.9 billion in 2025, with $2.70 billion of profit last year.
PG&E vs. similar companies
PG&E grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
PG&E | 10.8× · Cheap | ||
Dominion Energy | 19.9× · Fair price | ||
WEC Energy Group | 24.8× · Fair price | ||
Public Service Enterprise Group | 17.9× · Fair price | ||
Ameren | 21.8× · Fair price |
AI analysis
An AI analyst reads PG&E's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 18,469 | 20,642 | 21,680 | 24,428 | 24,419 | 24,935 | |
| – | – | 7,015 | 8,307 | 9,158 | 9,870 | |
| 1,755 | 1,883 | 2,074 | 2,735 | 4,553 | 4,849 | |
| – | – | 6,249 | 7,287 | 9,552 | 10,085 | |
| -1,304 | -88 | 1,814 | 2,256 | 2,512 | 2,703 | |
| -1.05 | -0.05 | 0.84 | 1.05 | 1.15 | 1.18 | |
| – | – | 32.4% | 34.0% | 37.5% | 39.6% | |
| 9.5% | 9.1% | 9.6% | 11.2% | 18.6% | 19.4% | |
| -7.1% | -0.4% | 8.4% | 9.2% | 10.3% | 10.8% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 97,856 | 103,327 | 118,644 | 125,698 | 133,660 | 141,611 |
| Cash | 484 | 291 | 734 | 635 | 940 | 713 |
| Total debt | 42,599 | 46,167 | 53,539 | 57,733 | 58,343 | 61,335 |
| Total liabilities | – | – | 95,569 | 100,406 | 103,259 | 108,819 |
| 21,001 | 20,971 | 22,823 | 25,040 | 30,149 | 32,540 | |
| 1,257 | 1,985 | 2,132 | 2,138 | 2,147 | 2,202 | |
| 0.4% | 2.8% | 2.5% | 3.4% | 4.8% | 4.6% | |
| -6.2% | -0.4% | 7.9% | 9.0% | 8.3% | 8.3% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| -19,130 | 2,262 | 3,721 | 4,747 | 8,035 | 8,716 | |
| 7,690 | 7,689 | 9,584 | 9,714 | 10,369 | 11,787 | |
| -26,820 | -5,427 | -5,863 | -4,967 | -2,334 | -3,071 | |
| Dividends paid | – | – | 0 | 0 | 86 | 317 |
| – | – | – | – | – | – | |
| 35 | 56 | 115 | 91 | 98 | 134 |
Valuation
- 10.8×
- 8.0×
- –
- 1.1×
- 1.2×
- –
- 8.9×
- -10.5%
- 9.3%
- 0.9%
Profitability
- 39.6%
- 19.4%
- 10.8%
- 40.8%
- 3.8%
- 2.1%
- 9.2%
- 2.1%
- 3.9%
- –
Growth
- +6.2%
- –
- −31.6%
- –
- +2.6%
Financial health
- 5.8×
- 1.89
- 44.3%
- 1.6×
- 1.20
- 1.20
- 0.18
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $23.00
- Range
- $21.00 – $25.00
- 6 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 23, 2026 | 0.43 | 0.40 | +8.0% |
| Feb 12, 2026 | 0.36 | 0.36 | −1.1% |
| Oct 23, 2025 | 0.50 | 0.42 | +17.9% |
| Jul 31, 2025 | 0.31 | 0.32 | −1.9% |
| Apr 24, 2025 | 0.33 | 0.34 | −3.3% |
| Feb 13, 2025 | 0.31 | 0.31 | −0.1% |
| Nov 7, 2024 | 0.37 | 0.33 | +10.9% |
| Jul 25, 2024 | 0.31 | 0.30 | +3.3% |
Paid per share, each year
$1.82 in 2015 → $0.13 in 2025
How safe it looks
11.7% of its profit
Room to growStretchedMore than it earns: -7.2%
News
Where Could PG&E's Next Growth Come From?Yahoo Finance · Oct 27, 2026PG&E says fire conditions threaten power shutoffs this week across northern CaliforniaSeeking Alpha · Oct 13, 2026What Changed In PG&E's Story?Yahoo Finance · Oct 9, 2026Stock Market Today, Oct. 9: PG&E Gains on Earnings Call Anticipation Before October 22 UpdateYahoo Finance · Oct 9, 2026Utilities fall 13% in quarter; Constellation Energy gains as PG&E leads declinesSeeking Alpha · Oct 3, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about PG&E
Is PG&E a good stock to buy?
A business with weak numbers, and the price looks low. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the PG&E AI analysis
What does PG&E do?
PG&E Corp. operates as a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. It specializes in energy, utility, power, gas, electricity, solar and sustainability. It is in Regulated Electric, based in Oakland, CA, United States, with 29,010 employees.
Does PG&E pay a dividend?
Yes. At today's price the dividend is 0.9% a year, about 12% of its yearly profit. In 2025 it paid out $317 million in dividends.
Is PG&E stock halal?
No. PG&E does not pass our halal screen: its debt is 210% of its market value, at or above the 33% limit. How we check
How has PG&E stock done over the past year?
Down 20.4% over the past twelve months, to $13.25. It traded between $11.95 and $19.11 and is 30.7% below its high.
Who are PG&E's competitors?
The largest listed companies in the same industry are Dominion Energy, WEC Energy Group, Public Service Enterprise Group and Ameren. The peers table on this page compares their profit, growth and price with PG&E's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



