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PG&E PCG Free cash flow yield

Free cash flow yield at other companies

Edison International logo
Edison InternationalEIX
-11.6%-0.7pp
Sempra Energy logo
Sempra EnergySRE
-9.2%+0.5pp
Public Service Enterprise Group logo
Public Service Enterprise GroupPEG
-1.7%
Xcel Energy logo
Xcel EnergyXEL
-14.5%+79.8pp
CMS
CMS EnergyCMS
4.7%-2.5pp
Exelon logo
ExelonEXC
-4.6%+3.6pp

Other financials

Income statement

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Revenue$6.9B+15.0%
Operating income$1.5B+20.5%
Net income$885.0M+39.6%
EPS (diluted)$0.39+39.3%

Balance sheet

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Cash & equivalents$1.5B-38.1%
Total debt$62.3B+12.8%
Total equity$33.3B+8.4%
Total assets$141.95B+4.8%

Cash flow

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Operating cash flow$2.4B-14.7%
CapEx$3.4B+27.4%
Free cash flow-$926.0M-535%

Valuation

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Market cap$36.2B+2.5%
Enterprise value$97.03B+9.8%
P/E12.3×-2.4×
P/S1.4×0.0×

Profitability

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Operating margin19.4%+1.4pp
Net margin11.4%+1.6pp

Returns & leverage

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Return on equity9.2%+0.7pp
Debt / equity1.9×+0.1×
Current ratio1.2×+0.3×

Where this comes from

Calculated from PG&E’s reported figures.

Based on trailing twelve months.

The official record: PG&E’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PG&E's free cash flow yield?
PG&E (PCG) reported free cash flow yield of -10.9% in Q1 2026.
What is the long-term trend for PG&E's free cash flow yield?
Over 2 years (2021 to 2023), PG&E's free cash flow yield has grown at a -56.9% compound annual growth rate (CAGR), from -313.4% to -58.2%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.