PCG - NYSE

PG&E Corporation

PCG·NYSE

$16.82

-0.18%

UtilitiesRegulated Electric

Pacific Gas and Electric Company generates, transmits, distributes, and sells electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, and photovoltaic sources. The company also develops a personal microgrid backup power transfer meter device for customers that fully integrates into its existing electric SmartMeter system. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was incorporated in 1905 and is headquartered in San Francisco, California. Pacific Gas and Electric Company operates as a subsidiary of PG&E Corporation.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$37.04B

EPS1.1800

P/E Ratio14.25

Earnings Date07/30/2026

8.72B

Operating Cash Flow

3Y+134.0%

5Y-146.0%

10Y+98.0%

-12.32B

Investing Cash Flow

3Y+21.0%

5Y+59.0%

10Y+123.0%

3.36B

Financing Cash Flow

-7%

3Y-53.0%

5Y-87.0%

10Y+187.0%

PG&E Corporation Cash Conversion Engine

PCG · NYSE

FCF Components

Net Income2.70B

Depreciation & Amortization4.99B

Stock-Based Compensation0.00

Change in Working Capital-139.00M

Others108.00M

Capital Expenditures-11.79B

Free Cash Flow-3.07B

Cash Flow Quality Analysis

FCF Conversion Rate

-113.6%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

135.2%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-31.6%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$139.00M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

PG&E Corporation Cash Flow Statement

PCG • NYSE

PG&E Corporation Cash Flow Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
OPERATING ACTIVITIES
Net Income	2.7B	2.5B	2.3B	1.8B	-88M	-1.3B	-7.6B	-6.8B	1.7B	1.4B	888M	1.5B	828M	830M	858M	1.1B	1.2B	1.1B	980M	531M
Depreciation & Amortization	5B	4.6B	4.3B	4.3B	3.9B	3.9B	3.2B	3B	2.9B	2.8B	2.6B	2.4B	2.1B	2.3B	2.2B	1.9B	1.8B	1.7B	1.8B	1.7B
Change in Deferred Taxes	1.1B	1.1B	-765M	-452M	1.8B	1.1B	-2.9B	-2.5B	1.3B	1B	693M	690M	1.1B	648M	544M	756M	809M	590M	55M	-285M
Other Non-Cash Items	108M	467M	342M	491M	196M	1.7B	817M	158M	265M	774M	626M	302M	450M	536M	239M	191M	84M	204M	297M	647M
Cash Taxes Paid	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(59M)	(0.0)	(0.0)	(0.0)	(0.0)	(41M)	(0.0)	(42M)	(135M)	(359M)	(112M)	(537M)	(736M)
Change in Working Capital	-139M	-614M	-1.4B	-2.5B	-3.5B	-24.5B	11.4B	10.9B	-56M	-1.6B	-1B	-1.2B	-1B	596M	-117M	-751M	-814M	-840M	-556M	112M
Cash from Operating Activities	8.7B	8B	4.7B	3.7B	2.3B	-19.1B	4.8B	4.8B	6B	4.4B	3.8B	3.7B	3.4B	4.9B	3.7B	3.2B	3B	2.7B	2.5B	2.7B
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-11.8B	-10.4B	-9.7B	-9.6B	-7.7B	-7.7B	-6.3B	-6.5B	-5.6B	-5.7B	-5.2B	-4.8B	-5.2B	-4.6B	-4B	-3.8B	-4B	-3.6B	-2.8B	-2.4B
Acquisitions, Net	(0.0)	(0.0)	(0.0)	(0.0)	(749M)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Purchase of Investments	-4.1B	-3.4B	-2.3B	-4.2B	-1.7B	-1.6B	-1B	-1.5B	-1.3B	-1.4B	-1.4B	-1.3B	-1.6B	-1.2B	-2B	-1.5B	-1.4B	-1.7B	(0.0)	(0.0)
Sale/Maturity of Investments	3.6B	2.4B	2.8B	3.6B	1.7B	1.5B	956M	1.4B	1.3B	1.5B	1.3B	1.3B	1.6B	1.1B	1.9B	1.4B	1.4B	1.6B	0.0	0.0
Other Investing Items	22M	35M	13M	34M	59M	14M	11M	23M	23M	13M	22M	114M	85M	154M	87M	-4M	685M	25M	103M	-25M
Cash from Investing Activities	-12.3B	-11.4B	-9.2B	-10.2B	-6.9B	-7.7B	-6.4B	-6.6B	-5.7B	-5.5B	-5.2B	-4.7B	-5.1B	-4.5B	-4B	-3.9B	-3.3B	-3.7B	-2.7B	-2.4B
FINANCING ACTIVITIES
Net Issuance of Common Stock	0.0	2.7B	0.0	0.0	0.0	8.9B	85M	200M	395M	822M	780M	802M	1B	751M	662M	303M	219M	225M	175M	17M
Net Issuance of Debt	3.8B	1.1B	4.4B	7.1B	4B	17.1B	1.4B	2.9B	678M	1.3B	1.5B	876M	1.4B	-487M	470M	862M	993M	1.1B	295M	-108M
Cash Paid for Dividends	-317M	-86M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-1B	-921M	-856M	-828M	-782M	-746M	-704M	-662M	-590M	-546M	-496M	-456M
Share Repurchases	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-114M
Other Financing Items	-87M	-59M	-17M	53M	341M	-40M	-8M	-20M	-107M	-44M	-27M	42M	-41M	14M	41M	-88M	-17M	-35M	35M	3M
Cash from Financing Activities	3.4B	3.6B	4.4B	7.1B	4.3B	25.9B	1.5B	3B	-55M	1.2B	1.4B	892M	1.6B	-468M	469M	415M	605M	777M	9M	-544M
CASH FLOW SUMMARY
Effect of Foreign Exchange Rates	0.0	0.0	0.0	0.0	0.0	0.0	7M	0.0	-7M	-227M	-64M	-3M	-29M	-50M	-183M	-70M	-657M	-7M	-118M	-131M
Net Change in Cash	-241M	281M	-15M	640M	-320M	-950M	-91M	1.2B	265M	-173M	-92M	-148M	-134M	-162M	39M	-306M	-349M	-133M	-229M	-388M
Cash at Beginning of Period	1.2B	932M	947M	307M	627M	1.6B	1.7B	449M	184M	357M	449M	597M	731M	893M	854M	1.2B	1.5B	1.6B	1.9B	2.3B
Cash at End of Period	972M	1.2B	932M	947M	307M	627M	1.6B	1.7B	449M	184M	357M	449M	597M	731M	893M	854M	1.2B	1.5B	1.6B	1.9B
Free Cash Flow	-3.1B	-2.3B	-5B	-5.9B	-5.4B	-26.8B	-1.5B	-1.8B	336M	-1.3B	-1.4B	-1.2B	-1.8B	258M	-299M	-596M	-919M	-879M	-223M	312M

SEC Filings

PCG - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 03, 2026	June 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 26, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 23, 2026	April 23, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 23, 2026	March 31, 2026	2026	View Filing
DEF 14A DEF 14A 2025 N/A	April 09, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 20, 2026	February 18, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 19, 2026	February 17, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 12, 2026	February 12, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 12, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 17, 2025	December 11, 2025	2025	View Filing

Showing 1 to 10 of 1074 filings

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