PCG Stock Analysis: PG&E | NYSE
Utilities - Regulated Electric | NYSE, USA | Market Cap: 47.009m USD | 12M Return: 30.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 267M
EPS Trend: 82.1%
Qual. Beats: 0
Rev. Trend: 80.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
PG&E Corporation (NYSE: PCG) is the holding company for Pacific Gas and Electric Company, an investor-owned utility that sells and delivers electricity and natural gas to residential, commercial, industrial, and agricultural customers across northern and central California. The company operates a diversified generation fleet that includes nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources, and owns the regulated transmission and distribution infrastructure - electric lines and substations as well as natural gas pipelines and storage facilities - needed to move that energy to end users. PG&E Corporation was incorporated in 1995 and is headquartered in Oakland, California, and trades as a large-cap common stock on the NYSE with an IPO date of June 1972.
As a vertically integrated electric and gas utility classified in the GICS Electric Utilities sub-industry, PG&E operates as a rate-regulated monopoly franchise over its designated California service territory, with retail rates, capital plans, and reliability standards overseen by state and federal regulators. Unlike competitive power generators, the utility earns revenue primarily through cost-of-service rates set by the California Public Utilities Commission and the FERC, which are designed to recover approved operating expenses, fuel and procurement costs, and a regulated return on rate base invested in generation, transmission, and distribution assets.
- CPUC rate case decision affects wildfire cost recovery
- Undergrounding and grid hardening capex accelerate rate base growth
- Dividend reinstatement and EPS guidance drive investor sentiment
| Net Income: 3.17b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -1.35 > 1.0 |
| NWC/Revenue: 10.59% < 20% (prev -4.19%; Δ 14.78% < -1%) |
| CFO/TA 0.06 > 3% & CFO 8.15b > Net Income 3.17b |
| Net Debt (63.7b) to EBITDA (9.86b): 6.46 < 3 |
| Current Ratio: 1.22 > 1.5 & < 3 |
| Outstanding Shares: last quarter (3.00b) vs 12m ago 36.29% < -2% |
| Gross Margin: 46.40% > 18% (prev 23.62%; Δ 22.77% > 0.5%) |
| Asset Turnover: 18.36% > 50% (prev 17.93%; Δ 0.43% > 0%) |
| Interest Coverage Ratio: 1.67 > 6 (EBIT TTM 5.17b / Interest Expense TTM 3.10b) |
| A: 0.02 (Total Current Assets 15.4b - Total Current Liabilities 12.7b) / Total Assets 145b |
| B: 0.00 (Retained Earnings 719.0m / Total Assets 145b) |
| C: 0.04 (EBIT TTM 5.17b / Avg Total Assets 141b) |
| D: 0.31 (Book Value of Equity 33.9b / Total Liabilities 111b) |
| Altman-Z'' = 0.71 = B |
| DSRI: 0.15 (Receivables 1.88b/11.6b, Revenue 25.8b/24.5b) |
| GMI: 0.51 (GM 23.62% / 46.40%) |
| AQI: 0.94 (AQ_t 0.20 / AQ_t-1 0.21) |
| SGI: 1.06 (Revenue 25.8b / 24.5b) |
| TATA: -0.03 (NI 3.17b - CFO 8.15b) / TA 145b) |
| Beneish M = -4.16 (Cap -4..+1) = AAA |
As of July 25, 2026, the stock is trading at USD 17.85 with a total of 28,974,060 shares traded. Over the past week, the price has changed by +3.06%, over one month by +4.57%, over three months by +7.78% and over the past year by +30.25%.
Current recommended Stop Loss: 17.20 (which is 3.6% or 1.6 ATR below the current price).
PG&E has received a consensus analysts rating of 3.89. Therefore, it is recommended to buy PCG.
- StrongBuy: 7
- Buy: 5
- Hold: 6
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 22.8 | 28% |
P/E Trailing = 14.032
P/E Forward = 10.9769
P/S = 1.8197
P/B = 1.2593
P/EG = 0.784
Revenue TTM = 25.8b USD
EBIT TTM = 5.17b USD
EBITDA TTM = 9.86b USD
Long Term Debt = 61.8b USD (from longTermDebt, last quarter)
Short Term Debt = 2.45b USD (from shortLongTermDebt, last quarter)
Debt = 64.7b USD (corrected: LT Debt 61.8b + ST Debt 2.45b) + Leases 485.0m
Net Debt = 63.7b USD (calculated: Debt 64.7b - CCE 972.0m)
Enterprise Value = 111b USD (47.0b + Debt 64.7b - CCE 972.0m)
Interest Coverage Ratio = 1.67 (Ebit TTM 5.17b / Interest Expense TTM 3.10b)
EV/FCF = -25.98x (Enterprise Value 111b / FCF TTM -4.26b)
FCF Yield = -3.85% (FCF TTM -4.26b / Enterprise Value 111b)
FCF Margin = -16.50% (FCF TTM -4.26b / Revenue TTM 25.8b)
Net Margin = 12.25% (Net Income TTM 3.17b / Revenue TTM 25.8b)
Gross Margin = 46.40% ((Revenue TTM 25.8b - Cost of Revenue TTM 13.8b) / Revenue TTM)
Gross Margin QoQ = 41.53% (prev 85.02%)
Tobins Q-Ratio = 0.76 (Enterprise Value 111b / Total Assets 145b)
Interest Expense / Debt = 4.79% (Interest Expense 3.10b / Debt 64.7b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 4.08b (EBIT 5.17b * (1 - 21.00%))
Current Ratio = 1.22 (Total Current Assets 15.4b / Total Current Liabilities 12.7b)
Debt / Equity = 1.91 (Debt 64.7b / totalStockholderEquity, last quarter 33.9b)
Debt / EBITDA = 6.46 (Net Debt 63.7b / EBITDA 9.86b)
Debt / FCF = -14.95 (negative FCF - burning cash) (Net Debt 63.7b / FCF TTM -4.26b)
Total Stockholder Equity = 32.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.25% (Net Income 3.17b / Total Assets 145b)
RoE = 9.62% (Net Income TTM 3.17b / Total Stockholder Equity 32.9b)
RoCE = 5.46% (EBIT 5.17b / Capital Employed (Equity 32.9b + L.T.Debt 61.8b))
RoIC = 3.02% (NOPAT 4.08b / Invested Capital 135b)
WACC = 4.58% (E(47.0b)/V(112b) * Re(5.68%) + D(64.7b)/V(112b) * Rd(4.79%) * (1-Tc(0.21)))
Discount Rate = 5.68% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 87.08 | Cagr: 3.01%
[DCF] Fair Price = unknown (Cash Flow -4.26b)
EPS Correlation: 82.07 | EPS CAGR: 12.82% | SUE: 0.79 | # QB: 0
Revenue Correlation: 80.79 | Revenue CAGR: 2.98% | SUE: -0.81 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.44 | Chg30d=-2.36% | Revisions=-10% | Analysts=10
EPS current Year (2026-12-31): EPS=1.65 | Chg30d=+0.05% | Revisions=+22% | GrowthEPS=+9.8% | GrowthRev=+6.0%
EPS next Year (2027-12-31): EPS=1.80 | Chg30d=+0.02% | Revisions=-12% | GrowthEPS=+9.4% | GrowthRev=+3.3%
[Analyst] Revisions Ratio: +0% (up=9, down=9)