# PG&E Corporation (PCG)

**Exchange:** NYSE  
**Sector:** Utilities  
**Market cap:** $36.82B  
**Price:** $16.72 (+0.84%)

> PG&E Corporation is an energy holding company based in San Francisco, California, whose primary business is regulated electric and natural gas utility operations in Northern and Central California. Its main subsidiary, Pacific Gas and Electric Company, delivers electricity and natural gas to residential, commercial, industrial, and agricultural customers across a broad service territory covering the majority of the region’s counties. The company’s activities span electricity generation, high-voltage transmission, and local distribution, as well as the sale and delivery of natural gas through an extensive pipeline and distribution network. PG&E Corporation plays a central role in California’s utility sector, supporting household energy needs, commercial activity, and critical infrastructure. The company operates under a regulated framework, with rates and major investments overseen by state authorities, positioning it as a core infrastructure provider within the state’s energy and utilities market.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $24.93B | — | $4.75B | — | — |
| 2024 | $24.42B | — | $4.46B | — | — |
| 2023 | $24.43B | — | $2.67B | — | — |
| 2022 | $21.68B | — | $1.84B | — | — |
| 2021 | $20.64B | — | $1.88B | — | — |
| 2020 | $18.47B | — | $1.75B | — | — |
| 2019 | $17.13B | — | -$10.09B | — | — |
| 2018 | $16.76B | — | -$9.70B | — | — |
| 2017 | $17.14B | — | $2.90B | — | — |
| 2016 | $17.67B | — | $2.08B | — | — |
| 2015 | $16.83B | — | $1.51B | — | — |
| 2014 | $17.09B | — | $2.45B | — | — |
| 2013 | $15.60B | — | $1.76B | — | — |
| 2012 | $15.04B | — | $1.69B | — | — |
| 2011 | $14.96B | — | $1.94B | — | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $141.61B | $109.07B | $32.54B | $713M | $57.39B |
| 2024 | $133.66B | $103.51B | $30.15B | $940M | $53.57B |
| 2023 | $125.70B | $100.66B | $25.04B | $635M | $50.98B |
| 2022 | $118.64B | $95.82B | $22.82B | $734M | $47.74B |
| 2021 | $103.33B | $82.36B | $20.97B | $291M | $38.23B |
| 2020 | $97.86B | $76.86B | $21.00B | $484M | $37.29B |
| 2019 | $85.20B | $80.06B | $5.14B | $1.57B | — |
| 2018 | $77.00B | $64.34B | $12.65B | $1.67B | $22.07B |
| 2017 | $68.01B | $48.79B | $19.22B | $449M | $350M |
| 2016 | $68.60B | $50.66B | $17.94B | $177M | $352M |
| 2015 | $63.23B | $46.66B | $16.58B | $123M | $15.93B |
| 2014 | $60.13B | $44.38B | $15.75B | $151M | $15.05B |
| 2013 | $55.60B | $41.26B | $14.34B | $296M | $12.72B |
| 2012 | $52.45B | $39.38B | $13.07B | $401M | $12.52B |
| 2011 | $49.75B | $37.65B | $12.10B | $513M | $11.77B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $8.72B | $11.79B | -$3.07B |
| 2024 | $8.04B | $10.37B | -$2.33B |
| 2023 | $4.75B | $9.71B | -$4.97B |
| 2022 | $3.72B | $9.58B | -$5.86B |
| 2021 | $2.26B | $7.69B | -$5.43B |
| 2020 | -$19.13B | $7.69B | -$26.82B |
| 2019 | $4.82B | $6.31B | -$1.50B |
| 2018 | $4.75B | $6.51B | -$1.76B |
| 2017 | $5.98B | $5.64B | $336M |
| 2016 | $4.41B | $5.71B | -$1.30B |
| 2015 | $3.78B | $5.17B | -$1.39B |
| 2014 | $3.69B | $4.83B | -$1.14B |
| 2013 | $3.43B | $5.21B | -$1.78B |
| 2012 | $4.88B | $4.62B | $258M |
| 2011 | $3.74B | $4.04B | -$299M |

Source: [CompaniesByCap](https://companiesbycap.com/company/PCG)