Overview Dividends

(PCG) PG&E - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US69331C1080

Electricity, Natural Gas, Transmission

Electric Utilities
Market Cap in USD: 35,320m

IPO / Inception: 1972-06-01
Return 12m vs S&P 500: -31.4%

EPS (Earnings per Share)

EPS CAGR: -47.03%
EPS Trend: 2.2%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 4.78%
Rev. Trend: 60.1%

Last SUE: -0.30
Qual. Beats: 0

Dividends

Dividend Yield	0.78%
Yield on Cost 5y	1.03%
Yield CAGR 5y	450.00%
Payout Consistency	74.6%
Payout Ratio	8.6%

Risk via 5d forecast
Volatility	24.3%
Value at Risk 5%th	39.9%
Relative Tail Risk	-0.23%

Reward TTM
Sharpe Ratio	-0.68
Alpha	-30.30
CAGR/Max DD	0.03

Character TTM
Hurst Exponent	0.592
Beta	0.564
Beta Downside	0.467

Drawdowns 3y
Max DD	39.63%
Mean DD	11.95%
Median DD	7.12%

Description: PCG PG&E December 17, 2025

PG&E Corporation (NYSE: PCG) is a regulated utility that delivers electricity and natural gas to roughly 16 million customers across northern and central California. Through its subsidiary Pacific Gas and Electric Company, it operates a diversified generation mix-including nuclear, hydroelectric, natural-gas-fired, fuel-cell, and photovoltaic assets-as well as an extensive transmission and distribution network for both electricity and gas.

Key operational metrics (FY 2023) show revenue of about $18.5 billion, an operating margin near 13 %, and a regulated rate base of roughly $84 billion. The utility’s earnings are heavily influenced by California’s Renewable Portfolio Standard (RPS 60 % by 2030) and by ongoing wildfire liability provisions, which together drive capital-intensive investments and reserve requirements.

Sector drivers such as state-mandated decarbonization, rising residential electricity demand (≈2 % annual growth), and the Federal Energy Regulatory Commission’s (FERC) incentive-based rate design shape PG&E’s cash-flow outlook. For a deeper dive into PG&E’s risk-adjusted valuation metrics, see the ValueRay analysis.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (2.71b TTM) > 0 and > 6% of Revenue (6% = 1.49b TTM)

FCFTA -0.02 (>2.0%) and ΔFCFTA 0.70pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -3.64% (prev 2.67%; Δ -6.32pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 8.69b > Net Income 2.71b (YES >=105%, WARN >=100%)

Net Debt (59.02b) to EBITDA (9.80b) ratio: 6.02 <= 3.0 (WARN <= 3.5)

Current Ratio 0.94 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (2.28b) change vs 12m ago 6.44% (target <= -2.0% for YES)

Gross Margin 28.69% (prev 20.68%; Δ 8.01pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 18.30% (prev 18.76%; Δ -0.46pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.77 (EBITDA TTM 9.80b / Interest Expense TTM 3.02b) >= 6 (WARN >= 3)

Altman Z'' 0.50

(A) -0.01 = (Total Current Assets 14.39b - Total Current Liabilities 15.29b) / Total Assets 138.25b

(B) -0.01 = Retained Earnings (Balance) -1.18b / Total Assets 138.25b

(D) 0.29 = Book Value of Equity 30.40b / Total Liabilities 106.02b

Total Rating: 0.50 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 52.29

1. Piotroski 4.0pt

2. FCF Yield -2.93%

3. FCF Margin -11.19%

4. Debt/Equity 1.87

5. Debt/Ebitda 6.02

6. ROIC - WACC (= 4.11)%

7. RoE 8.73%

8. Rev. Trend 60.15%

9. EPS Trend 2.20%

What is the price of PCG shares?

As of January 02, 2026, the stock is trading at USD 16.07 with a total of 8,677,900 shares traded.
Over the past week, the price has changed by +2.22%, over one month by +1.77%, over three months by +2.94% and over the past year by -19.04%.

Is PCG a buy, sell or hold?

PG&E has received a consensus analysts rating of 3.89. Therefore, it is recommended to buy PCG.

Strong Buy: 7
Buy: 5
Hold: 6
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the PCG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	21.2	31.9%
Analysts Target Price	21.2	31.9%
ValueRay Target Price	16.6	3.3%

PCG Fundamental Data Overview January 02, 2026

Market Cap USD = 35.32b (35.32b USD * 1.0 USD.USD)
P/E Trailing = 13.5042
P/E Forward = 9.9206
P/S = 1.4264
P/B = 1.1619
P/EG = 0.8065
Beta = 0.371
Revenue TTM = 24.76b USD
EBIT TTM = 5.36b USD
EBITDA TTM = 9.80b USD
Long Term Debt = 55.53b USD (from longTermDebt, last quarter)
Short Term Debt = 3.88b USD (from shortTermDebt, last quarter)
Debt = 59.79b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 59.02b USD (from netDebt column, last quarter)
Enterprise Value = 94.71b USD (35.32b + Debt 59.79b - CCE 404.0m)
Interest Coverage Ratio = 1.77 (Ebit TTM 5.36b / Interest Expense TTM 3.02b)
FCF Yield = -2.93% (FCF TTM -2.77b / Enterprise Value 94.71b)
FCF Margin = -11.19% (FCF TTM -2.77b / Revenue TTM 24.76b)
Net Margin = 10.93% (Net Income TTM 2.71b / Revenue TTM 24.76b)
Gross Margin = 28.69% ((Revenue TTM 24.76b - Cost of Revenue TTM 17.66b) / Revenue TTM)
Gross Margin QoQ = 39.41% (prev 39.47%)
Tobins Q-Ratio = 0.69 (Enterprise Value 94.71b / Total Assets 138.25b)
Interest Expense / Debt = 1.29% (Interest Expense 770.0m / Debt 59.79b)
Taxrate = -34.92% (negative due to tax credits) (-220.0m / 630.0m)
NOPAT = 7.23b (EBIT 5.36b * (1 - -34.92%)) [negative tax rate / tax credits]
Current Ratio = 0.94 (Total Current Assets 14.39b / Total Current Liabilities 15.29b)
Debt / Equity = 1.87 (Debt 59.79b / totalStockholderEquity, last quarter 31.98b)
Debt / EBITDA = 6.02 (Net Debt 59.02b / EBITDA 9.80b)
Debt / FCF = -21.30 (negative FCF - burning cash) (Net Debt 59.02b / FCF TTM -2.77b)
Total Stockholder Equity = 31.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.96% (Net Income 2.71b / Total Assets 138.25b)
RoE = 8.73% (Net Income TTM 2.71b / Total Stockholder Equity 31.00b)
RoCE = 6.19% (EBIT 5.36b / Capital Employed (Equity 31.00b + L.T.Debt 55.53b))
RoIC = 8.20% (NOPAT 7.23b / Invested Capital 88.07b)
WACC = 4.10% (E(35.32b)/V(95.11b) * Re(8.09%) + D(59.79b)/V(95.11b) * Rd(1.29%) * (1-Tc(-0.35)))
Discount Rate = 8.09% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.40%
Fair Price DCF = unknown (Cash Flow -2.77b)
EPS Correlation: 2.20 | EPS CAGR: -47.03% | SUE: -4.0 | # QB: 0
Revenue Correlation: 60.15 | Revenue CAGR: 4.78% | SUE: -0.30 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.37 | Chg30d=-0.004 | Revisions Net=-2 | Analysts=6
EPS next Year (2026-12-31): EPS=1.63 | Chg30d=-0.004 | Revisions Net=+0 | Growth EPS=+8.6% | Growth Revenue=+4.5%

Additional Sources for PCG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle