PG&E Corp
PG&E Corp (PCG) is listed on NYSE and classified in Utilities - Regulated Electric, part of the Utilities sector. It is headquartered in Oakland, United States and has 29,010 employees. The company is worth $38.97B and trades at 9.5x its earnings of the last twelve months; the median for its sector is 20.5x. Revenue was $24.94B in fiscal 2025, up 2.1% from the year before. Net income was $2.7B. The share price is 32.3% below its 52-week high of $19.16. It pays a dividend yielding 1.54%. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $1.45B. In that quarter, 4 of them opened or added to the position and 2 reduced it. Over the last 30 days, company insiders bought $91.5K of its stock on the open market and sold none.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +10.2% over 5Y.
today you would have $1,152.87▲ +15.3%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 19 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $16.07 | $20.18 | $18.03 | $16.26 | $12.14 | $12.46 | $10.87 | $23.75 | $44.83 | $60.77 | $53.19 | $53.24 | $40.28 | $40.18 | $41.22 | $47.84 | $44.65 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 12.0% a year plus a 1.5% dividend yield. Growth capped at 25%.
Median P/E of 20.5 among peers in the sector.
Median P/E of 17.4 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Utilities, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| WECWEC Energy Group Inc | $112.15 | 21.1x | 2.6x | 3.40% | 11.99% | $36.54B |
| PEGPublic Service Enterprise Group Inc | $72.72 | 18.1x | 2.1x | 3.69% | 11.84% | $36.25B |
| EDConsolidated Edison Inc | $116.26 | 19.2x | 1.7x | 3.05% | 8.96% | $43B |
| EXCExelon Corp | $44.85 |
| $38.71 |
| $43.09 |
| P/E | 17.4x | 13.6x | 17.5x | 17.2x | 19.4x | — | — | — | — | 14.0x | 21.9x | 29.7x | 17.4x | 22.0x | 20.9x | 19.6x | 17.0x | 14.0x | 10.7x | 15.5x |
| P/S | 1.3x | 1.7x | 2.2x | 1.9x | 1.8x | 1.4x | 1.3x | 0.3x | 0.7x | 1.3x | 1.7x | 1.6x | 1.5x | 1.2x | 1.2x | 1.1x | 1.4x | 1.2x | 0.9x | 1.1x |
| P/B | 1.5x | 1.3x | 1.8x | 1.9x | 1.8x | 1.4x | 1.2x | 1.1x | 1.0x | 1.2x | 1.7x | 1.6x | 1.6x | 1.3x | 1.3x | 1.4x | 1.7x | 1.6x | 1.5x | 1.7x |
| EPS | $1.18 | $1.15 | $1.05 | $0.84 | -$0.05 | -$1.05 | -$14.50 | -$13.25 | $3.21 | $2.78 | $1.79 | $3.06 | $1.83 | $1.92 | $2.10 | $2.82 | $3.20 | $3.63 | $2.78 |
| Dividend yield | 3.44% | 0.78% | 0.27% | 0.06% | — | — | — | — | — | 3.46% | 3.17% | 3.42% | 3.42% | 4.52% | 4.53% | 4.42% | 3.80% | 3.76% | 4.03% | 3.34% |
| Payout | 55.99% | 10.59% | 4.78% | 0.95% | — | — | — | — | — | 48.29% | 69.24% | 101.68% | 59.48% | 99.45% | 94.79% | 86.67% | 64.54% | 52.50% | 42.98% | 51.80% |
| Profit margin | 7.96% | 10.84% | 10.29% | 9.24% | 8.37% | -0.43% | -7.06% | -44.61% | -40.80% | 9.69% | 7.96% | 5.28% | 8.48% | 5.31% | 5.52% | 5.74% | 8.04% | 9.11% | 9.15% | 7.60% |
| ROE | 7.95% | 8.31% | 8.33% | 9.01% | 7.95% | -0.42% | -6.21% | -148.79% | -54.04% | 8.64% | 7.84% | 5.36% | 9.21% | 5.77% | 6.35% | 7.09% | 9.87% | 11.81% | 14.27% | 11.43% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 7.0% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
-5.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 15.8x |
| 1.6x |
| 3.75% |
| 9.71% |
| $46.21B |
| VSTVistra Corp. | $140.83 | 26.3x | 15.7x | 0.65% | 42.96% | $47.27B |
| XELXcel Energy Inc | $78.90 | 21.6x | 2.0x | 3.00% | 9.92% | $49.28B |