What is PG&E's shares (diluted)?

PG&E (PCG) reported shares (diluted) of 2.3B in Q1 2026.

How has PG&E's shares (diluted) changed year-over-year?

PG&E's shares (diluted) increased by 3.7% year-over-year, from 2.2B to 2.3B.

What is the long-term trend for PG&E's shares (diluted)?

Over 4 years (2021 to 2025), PG&E's shares (diluted) has grown at a 1.9% compound annual growth rate (CAGR), from 8.2B to 8.9B.

What does shares (diluted) mean?

The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

PG&E PCG Shares (Diluted)

Shares (Diluted) at other companies

Edison InternationalEIX

387M+0.3%

Sempra EnergySRE

655.5M+0.4%

Xcel EnergyXEL

626M+8.5%

BKH

Black HillsBKH

75.6M+5.3%

UnitilUTL

17.9M+10.6%

CMS

CMS EnergyCMS

——

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

See full

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$37.04B+21.3%

Enterprise value$97.87B+14.0%

P/E12.5×0.0×

P/S1.4×+0.2×

Profitability

See full

Operating margin19.4%+1.4pp

Net margin11.4%+1.6pp

FCF margin-16.3%—

Returns & leverage

See full

Return on equity9.2%+0.7pp

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:WeightedAverageNumberOfDilutedSharesOutstanding.

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 shares (diluted)?: PG&E (PCG) reported shares (diluted) of 2.3B in Q1 2026.
How has PG&E's shares (diluted) changed year-over-year?: PG&E's shares (diluted) increased by 3.7% year-over-year, from 2.2B to 2.3B.
What is the long-term trend for PG&E's shares (diluted)?: Over 4 years (2021 to 2025), PG&E's shares (diluted) has grown at a 1.9% compound annual growth rate (CAGR), from 8.2B to 8.9B.
What does shares (diluted) mean?: The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.