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PG&E PCG Wildfire Fund asset

Wildfire Fund asset at other companies

Sempra Energy logo
Sempra EnergySRE
$235M-7.8%
Edison International logo
Edison InternationalEIX
$35M-2.8%
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Edison InternationalEIX
$138M
Edison International logo
Edison InternationalEIX
$1.71B
Edison International logo
Edison InternationalEIX
$35M-2.8%
Edison International logo
Edison InternationalEIX
$23.75M0.0%

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:LitigationAssetNoncurrent.

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
Regulatory assets16,12515,981
Customer credit trust553804
Nuclear decommissioning trusts4,4314,230
Operating lease ROU asset485450
Wildfire Fund asset3,5083,728
Other (includes noncurrent accounts receivable of $77 million and $67 million related to VIEs, net of noncurrent allowance for doubtful accounts of $19 million and $15 million at respective dates)4,3894,240
Total other noncurrent assets29,49129,433
TOTAL ASSETS$145,076$141,611

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is PG&E's wildfire fund asset?
PG&E (PCG) reported wildfire fund asset of $3.51B in Q2 2026.
How has PG&E's wildfire fund asset changed year-over-year?
PG&E's wildfire fund asset decreased by 9.8% year-over-year, from $3.89B to $3.51B.
What is the long-term trend for PG&E's wildfire fund asset?
Over 5 years (2020 to 2025), PG&E's wildfire fund asset has grown at a -8.5% compound annual growth rate (CAGR), from $5.82B to $3.73B.
What does wildfire fund asset mean?
This represents the long-term portion of assets recognized in connection with specific wildfire-related litigation or regulatory recovery mechanisms. It reflects the expected future recovery of costs associated with legal liabilities that are not expected to be settled within the next fiscal year. This is a critical indicator of the company's long-term financial exposure and recovery prospects related to wildfire events.

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