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PG&E PCG Wildfire self-insurance asset

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Other financials

Income statement

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Revenue$5.9B+0.1%
Operating income$1.3B+15.2%
Net income$761.0M+38.6%
EPS (diluted)$0.33+37.5%

Balance sheet

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Cash & equivalents$1.2B+70.8%
Total debt$63.6B+13.6%
Total equity$33.9B+8.7%
Total assets$145.08B+6.4%

Cash flow

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Operating cash flow$906.0M-14.3%
CapEx$3.0B-3.2%
Free cash flow-$2.1B-2.6%

Valuation

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Market cap$38.45B+15.8%
Enterprise value$100.86B+13.9%
P/E12.2×-1.5×
P/S1.5×+0.1×

Profitability

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Operating margin20%+2.1pp
Net margin12.3%+2.3pp
FCF margin-16.5%

Returns & leverage

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Return on equity9.7%+1.2pp
Debt / equity1.9×+0.1×
Current ratio1.2×+0.3×

Where this comes from

Reported directly by PG&E in its filing.

Tagged under the XBRL concept pcg:SelfInsuranceAssetCurrent.

The source filing: PG&E’s 10-Q, filed July 23, 2026.

Filed
Jul 22, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001004980-26-000048
Line itemBalance at / June 30, 2026Balance at / December 31, 2025
Gas stored underground and fuel oil7075
Materials and supplies785745
Wildfire Fund asset291297
Wildfire self-insurance asset1,0591,043
Other787644
Total current assets15,40415,830
Property, Plant, and Equipment
Property, Plant, and Equipment133,883128,989

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is PG&E's wildfire self-insurance asset?
PG&E (PCG) reported wildfire self-insurance asset of $1.06B in Q2 2026.
How has PG&E's wildfire self-insurance asset changed year-over-year?
PG&E's wildfire self-insurance asset increased by 9.3% year-over-year, from $969M to $1.06B.
What does wildfire self-insurance asset mean?
This represents the current portion of assets specifically designated to cover potential liabilities arising from wildfire-related claims. It reflects the company's financial preparedness for managing catastrophic risk events within its service territory. This asset is critical for assessing the company's liquidity position relative to its unique operational risk profile.

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