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

$13.35+0.20(0.02%)Pre-market

Market Cap

$29.40B

P/E

9.3x

P/S

1.1x

P/B

0.9x

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: 53/100

Strongest: Profitability (21/25); weakest: Cash & Earnings Quality (2/25).

Profitability21/25

Growth18/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality2/25

Strengths

Strong marginsRising earningsProfit converts from growthImproving margins

Valuation vs. 5-year range

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

P/E · 9.3x5y range 9.3x – 89.9x

Currently below its 18-quarter median.

P/S · 1.1x5y range 0.9x – 1.8x

Currently near its 20-quarter median.

P/B · 0.9x5y range 0.9x – 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 6 of the last 8 quarters — earnings are not translating to cash.

Cash Burn

Red Flag

The last 5 consecutive quarters had negative FCF — the company is burning cash and may need external funding.

Price & Volume

Market Cap $29.40B

Metrics at a Glance

as of June 2026

Revenue & Profit

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

TTM Revenue: $25.84B
Q. Revenue: $5.90B
TTM EBITDA: $5.17B
TTM Op. Income: $5.17B
Q. Op. Income: $1.26B
TTM Net Income: $3.17B
Q. Net Income: $761.00M
EPS: $0.33
Shares Out.: $2.20B

$25.84B in TTM revenue grew 5.7% YoY, reaching $5.90B last quarter. TTM EBITDA of $5.17B and TTM operating income of $5.17B show growth is flowing through to the bottom line. TTM net income of $3.17B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 21.4%
Op. Margin: 21.4%
Net Margin: 12.9%

Op. margin of 21.4% is up 2.8% YoY — cost efficiency is improving. Net margin at 12.9% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

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

P/E Ratio: 9.3x
P/S Ratio: 1.1x
P/B Ratio: 0.9x

At 9.3x P/E, the stock trades below typical market levels. P/S of 1.1x and P/B of 0.9x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 8 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

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

Total Assets: $145.08B
Cash: $972.00M
Long-Term Debt: $61.77B
Book Value: $33.90B
D/E Ratio: 1.8
Debt/EBITDA: 48.9

With $145.08B in assets and $61.77B in long-term debt, D/E is 1.8and book value is $33.90B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 5 consecutive quarters — a weakening trend.

Cash Flow

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

Op. Cash Flow: $906.00M
TTM Free Cash Flow: $-4.26B
FCF Margin: -16.5%
FCF / Net Income: -1.3

TTM FCF of $-4.26B on $906.00M in operating cash flow. The FCF / Net Income ratio of -1.3x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 5 consecutive quarters — a weakening trend.