PCG
PG&E Corporation
$17.35
▲ 2.1%Updated Aug 7, 11:30 AM ET
PCG at a glance — five pillars scored 0–100 from real filed financials.
Overall: Neutral · 51/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 17.1% over the last 12 months
Market Cap
$37.55B
P/E
12.93x
Forward P/E (est.)
10.97x
ROE
9.2%
Revenue Growth
5.3%
EPS Growth
17.9%
Profit Margin
11.4%
FCF Yield
15.8%
Debt / Equity
1.87x
ROIC
4.0%
Interest Coverage
1.67x
Current Ratio
1.2x
Dividend Yield
1.2%
Implied Growth (rev. DCF)
—
Rating Score
51/100
PG&E Corporation (PCG) is a large-cap company in the Multi-Utilities industry, part of the Utilities sector of the S&P 500, with a market value around $37.55B.
In its latest reported year it generated about $24.93B in revenue.
Our model rates PCG Neutral (51/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
The numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.
16.1% average over the last 3 years
±28.8 pts around -1.3% across 10 years
grew in 6 of the last 9 year-over-year periods
positive in 1 of 10 years
4.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what PCG's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. PCG trades near $17.35, above its 50-day average ($16.58) and 200-day average ($16.50). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 54 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. PCG's is $0.36 (~2.1% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month PCG found buyers near $16.35 (support) and sellers near $17.44 (resistance); its 52-week range is $12.97–$19.16. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.7× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
4.8%
Revenue moved from $17.67B in 2016 to $24.93B in 2025, a 3.9% compound annual growth rate. The most recent year grew a steady 5.3% year over year. Slower, mature growth is common for established businesses.
Gross Margin
35.9%
Operating Margin
19.0%
Net Margin
11.4%
ROE
9.2%
PG&E Corporation keeps about 11.4% of each sales dollar as net profit, with a 35.9% gross margin and 19.0% operating margin. Return on equity is 9.2% and return on invested capital about 4.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$57.39B
Net Debt
$56.26B
Net Debt / EBITDA
11.85x
Debt / Equity
1.87x
Leverage: debt-to-equity is 1.9x, and operating profit covers interest about 1.7x, with a current ratio of 1.2x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $57.39B of total debt against $1.13B of cash.
Operating CF
$8.72B
Free Cash Flow
-$3.07B
FCF Margin
-12.3%
In the latest year PG&E Corporation produced about $8.72B of operating cash flow but negative free cash flow as it invested heavily. That is a free-cash-flow yield of about 15.8% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
Coverage is weak, the payout was cut recently, or it's being financed rather than earned — treat the current yield as fragile.
Dividend yield
1.2%
Total paid (latest FY)
$86.00M
History on record
3 years
free cash flow was negative in the latest year — the dividend is being financed
no current raise streak
payout was cut at least once in the last 3 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
12.93x
P/S
1.48x
P/B
1.12x
EV / EBITDA
—
PCG trades at 12.9x trailing earnings (about 11.0x on estimated forward earnings), 1.5x sales, and 1.1x book value. That is an undemanding multiple — potentially cheap if the business is stable.
Where PCG sits versus its Utilities sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 38 Utilities companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How PCG stacks up against its Utilities peers — valuation, profitability, and growth versus the sector median.
In the Utilities sector (47 S&P 500 companies), PCG ranks #23 of 47 by our overall rating. It trades at a discount versus the sector on earnings (12.9x P/E vs. 21.3x median) with a lower return on equity (9.2% vs. 10.3%) and slower revenue growth (5.3% vs. 8.8%).
P/E vs sector
12.9x
median 21.3x
ROE vs sector
9.2%
median 10.3%
Growth vs sector
5.3%
median 8.8%
Sector rank
#23
of 47 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Utilities companies by sub-industry and size. Sector median is across all 47 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $17.35 today · expected CAGR -6% – 4%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $26.18B | $27.49B | $28.87B | $30.31B | $31.82B |
| Net income | $2.88B | $3.02B | $3.18B | $3.33B | $3.50B |
| EPS | $1.33 | $1.40 | $1.47 | $1.54 | $1.62 |
| Share price (low) | $10.65 | $11.18 | $11.74 | $12.32 | $12.94 |
| Share price (high) | $17.30 | $18.17 | $19.07 | $20.03 | $21.03 |
| CAGR (low–high) | -39% / -0% | -20% / 2% | -12% / 3% | -8% / 4% | -6% / 4% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for PCG:
- Healthy free-cash-flow yield (~15.8%) funds buybacks and dividends.
- As an established S&P 500 member in Utilities, it brings scale and a long operating history.
The case against PCG:
- Elevated leverage (debt/equity 1.9x) adds financial risk.
- Interest coverage is thin (1.7x), so debt costs bite.
Balance-sheet risk — debt/equity of 1.9x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: PG&E Corporation is a large-cap utilities business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 12.9x earnings, which our model scores Neutral (51/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 22 Wall Street analysts covering PCG recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Latest SEC Filings
PCG's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
PCG — frequently asked questions
Is PCG a good stock to buy?
We don't give buy or sell advice. Our model rates PG&E Corporation Neutral (51/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is PCG's rating on The Stocks School?
PG&E Corporation currently scores 51/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does PCG's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from PG&E Corporation's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for PCG calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this PCG analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell PCG. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.