Pacific Gas & Electric (PCG) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Pacific Gas & Electric

NYSE•Utilities•Utilities - Regulated Electric

$13.28+0.10(0.01%)After hours

Market Cap

$29.24B

P/E

9.5x

P/S

1.1x

P/B

0.8x

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cells, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, switching and distribution substations; and natural gas transmission, storage, and distribution systems consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was incorporated in 1995 and is based in Oakland, California.

How this company scores

AverageMetricSide Score: 46/100

Strongest: Profitability (18/25); weakest: Cash & Earnings Quality (1/25).

Profitability18/25

Growth15/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality1/25

Strengths

Strong marginsProfit converts from growthConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 9.5x5y range 9.5x – 89.9x

Currently below its 19-quarter median.

P/S · 1.1x5y range 0.9x – 1.8x

Currently near its 20-quarter median.

P/B · 0.8x5y range 0.8x – 1.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

Free cash flow has been negative in 7 of the last 8 quarters — earnings are not translating to cash.

Cash Burn

Red Flag

The last 6 consecutive quarters had negative FCF — the company is burning cash and may need external funding.

Price & Volume

Market Cap $29.24B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $25.77B
Q. Revenue: $6.19B
TTM EBITDA: $5.21B
TTM Op. Income: $5.21B
Q. Op. Income: $1.25B
TTM Net Income: $3.09B
Q. Net Income: $776.00M
EPS: $0.34
Shares Out.: $2.20B

$25.77B in TTM revenue grew 4.1% YoY, reaching $6.19B last quarter. TTM EBITDA of $5.21B and TTM operating income of $5.21B show growth is flowing through to the bottom line. TTM net income of $3.09B means revenue is converting into profit. Over the past year, TTM revenue is up 4% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 20.2%
Op. Margin: 20.2%
Net Margin: 12.5%

Op. margin of 20.2% is up 0.8% YoY — cost efficiency is improving. Net margin at 12.5% Over the past year, operating margin is up 4% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 9.5x
P/S Ratio: 1.1x
P/B Ratio: 0.8x

At 9.5x P/E, the stock trades below typical market levels. P/S of 1.1x and P/B of 0.8x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $147.29B
Cash: $902.00M
Long-Term Debt: $61.35B
Book Value: $34.57B
D/E Ratio: 1.8
Debt/EBITDA: 49.1

With $147.29B in assets and $61.35B in long-term debt, D/E is 1.8and book value is $34.57B — moderate leverage. Over the past year, debt/equity is up 2% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $2.50B
TTM Free Cash Flow: $-4.98B
FCF Margin: -19.3%
FCF / Net Income: -1.6

TTM FCF of $-4.98B on $2.50B in operating cash flow. The FCF / Net Income ratio of -1.6x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 6 consecutive quarters — a weakening trend.