Current Assets

Wildfire self-insurance asset

PG&E Wildfire self-insurance asset increased by 0.7% to $1.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $939.00M to $1.05B.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026

How to read this metric

An increase suggests higher anticipated insurance liabilities or a strategic shift toward self-funding risk, while a decrease may indicate lower risk exposure or the utilization of funds.

Detailed definition

This represents the current portion of assets specifically designated to cover potential liabilities arising from wildfi...

Peer comparison

Common among utilities in high-fire-risk regions, though specific accounting treatments vary by state regulatory environment.

Metric ID: current_assets_self_insurance_asset_current

Historical Data

7 periods
 Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$905.00M$939.00M$969.00M$1.00B$1.04B$1.05B
QoQ Change+3.8%+3.2%+3.2%+4.3%+0.7%
YoY Change+15.2%+11.8%
Range$0.00$1.05B
Avg YoY Growth+13.5%
Median YoY Growth+13.5%
Current Streak5+ quarters growth

Frequently Asked Questions

What is PG&E's wildfire self-insurance asset?
PG&E (PCG) reported wildfire self-insurance asset of $1.05B in Q1 2026.
How has PG&E's wildfire self-insurance asset changed year-over-year?
PG&E's wildfire self-insurance asset increased by 11.8% year-over-year, from $939.00M to $1.05B.
What does wildfire self-insurance asset mean?
Current assets set aside specifically to fund potential wildfire-related insurance claims.