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PG&E PCG Non-Controlling Interests

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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$37.44B+12.6%
Enterprise value$99.85B+12.7%
P/E11.8×-1.8×
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 us-gaap:MinorityInterest.

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
Mandatory convertible preferred stock1,5791,579
Common stock, no par value, authorized 3,600,000,000 and 3,600,000,000 shares at respective dates; 2,202,366,726 and 2,197,942,874 shares outstanding at respective dates31,63631,636
Reinvested earnings719(650)
Accumulated other comprehensive loss(33)(25)
Total shareholders’ equity33,90132,540
Noncontrolling Interest - Preferred Stock of Subsidiary252252
Total equity34,15332,792
TOTAL LIABILITIES AND EQUITY$145,076$141,611

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is PG&E's non-controlling interests?
PG&E (PCG) reported non-controlling interests of $252M in Q2 2026.
How has PG&E's non-controlling interests changed year-over-year?
PG&E's non-controlling interests decreased by 0.0% year-over-year, from $252M to $252M.
What is the long-term trend for PG&E's non-controlling interests?
Over 5 years (2020 to 2025), PG&E's non-controlling interests has grown at a 0.0% compound annual growth rate (CAGR), from $252M to $252M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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