PG&E 대차대조표 건전성
재무 건전성 기준 점검 2/6
PG&E 의 총 주주 지분은 $33.5B 이고 총 부채는 $62.4B, 이는 부채 대 자기자본 비율을 186.4% 로 가져옵니다. 총자산과 총부채는 각각 $142.0B 및 $108.5B 입니다. PG&E 의 EBIT는 $5.6B 이며 이자보상배율은 2.1 입니다. $1.1B 의 현금 및 단기 투자금을 보유하고 있습니다.
핵심 정보
186.39%
부채/자본 비율
US$62.44b
부채
| 이자보상배율 | 2.1x |
| 현금 | US$1.13b |
| 자본 | US$33.50b |
| 총부채 | US$108.45b |
| 총자산 | US$141.95b |
최근 재무 건전성 업데이트
Recent updates
내러티브 업데이트 • May 17
PCG: Evolving Wildfire Policy And Liability Reform Will Drive Future Repricing
Analysts trimmed their consolidated PG&E price target slightly to about $22.72 from $22.84 as updated models incorporated a modestly higher discount rate, slightly firmer revenue growth and profit margin assumptions, and a lower forward P/E multiple, reflecting a mix of recent target cuts and raises across the Street. Analyst Commentary Recent research on PG&E reflects both optimism and caution, with target moves clustering around the low US$20s and a mix of rating upgrades, downgrades, and initiations.내러티브 업데이트 • Apr 29
PCG: Wildfire Policy Reform And Liability Reduction Will Drive Future Repricing
Narrative Update The analyst price target for PG&E is nudged higher to $22.84 from $22.63, as analysts factor in updated assumptions around revenue growth, profitability, and future P/E multiples, along with a series of recent target raises and a new bullish initiation. Analyst Commentary Recent research on PG&E shows a mix of optimism around risk reduction and earnings potential, alongside ongoing caution about regulatory outcomes and valuation.내러티브 업데이트 • Apr 11
PCG: Wildfire Policy Reform And Liability Reduction Will Drive Future Repricing
PG&E's analyst fair value estimate edges up by about $0.10 per share as analysts factor in updated wildfire policy developments, affordability considerations, and expectations that the stock's P/E discount could narrow with continued risk reduction. Analyst Commentary Recent Street research on PG&E points to a mix of optimism and caution, with several firms updating ratings and price targets as wildfire policy, affordability, and relative valuation stay in focus.내러티브 업데이트 • Mar 27
PCG: Wildfire Policy Reform And Liability Legislation Will Drive Future Repricing
PG&E's analyst price targets have edged higher, with the average fair value estimate moving from $22.40 to about $22.53 as analysts factor in updated views on wildfire policy, affordability, and potential changes to utility liability in California. Analyst Commentary Recent research shows a mix of optimism and caution around PG&E, with several firms adjusting ratings and targets as they reassess wildfire policy, affordability, and California utility regulation.내러티브 업데이트 • Mar 12
PCG: Wildfire Policy Reform And Liability Clarity Will Shape Future Returns
The analyst price target for PG&E has shifted modestly higher to $22.40, with analysts pointing to updated assumptions around wildfire policy risk, affordability, and a slightly higher future P/E multiple as key drivers of the change. Analyst Commentary Recent research has focused on how wildfire policy, affordability, and relative valuation tie into PG&E's updated price targets and ratings.내러티브 업데이트 • Feb 26
PCG: Cost Of Capital And Wildfire Mitigation Partnership Will Shape Future Returns
Analysts have nudged their average price target for PG&E to about $22.13 from $21.27. This reflects updated views on fair value, expected profitability and future P/E assumptions following recent Street research.Seeking Alpha • Feb 18
PG&E Starting To Climb Out Of Valuation Pit
Summary Utilities have been performing strongly, with those recovering from wildfire damage claims outperforming the sector. PG&E reaffirmed its positive earnings and growth forecasts. Wildfire safety metrics are improving, but more action is needed by the state, with recommendations due April 1. The convertible preferred PCG.PR.X offers a way to obtain the common shares at a discount. Read the full article on Seeking Alpha내러티브 업데이트 • Feb 09
PCG: Cost Of Capital Decision Will Shape Future Returns Outlook
Analysts have raised their average price target for PG&E by US$1, citing updated assumptions around the California cost of capital decision, as well as modest adjustments to expected growth, margins, and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts point to the US$1 price target increase as a sign that updated cost of capital assumptions and modest changes to growth and margins still support their valuation framework for PG&E.내러티브 업데이트 • Jan 26
PCG: Cost Of Capital Decision Will Shape Future Earnings Power
Narrative Update Analysts have nudged their PG&E price target higher by about US$1 to roughly US$21.27. They cite updated assumptions for revenue growth, profit margins and future P/E following recent regulatory commentary on California utilities and cost of capital.내러티브 업데이트 • Jan 12
PCG: Data Center Demand And Grid Investment Cycle Will Drive Future Upside
PG&E's consensus analyst price target has recently shifted higher into the low $20s, with analysts pointing to sector-wide target resets, TD's view of a significant long term grid investment cycle tied to data center demand, and expectations that PG&E's current valuation does not fully reflect these themes, even as California cost of capital debates continue. Analyst Commentary Recent research highlights a split view on PG&E, with some analysts focused on long term grid investment tied to data center demand and others emphasizing regulatory risk around California's cost of capital.내러티브 업데이트 • Dec 26
PCG: Massive Transmission Spend Will Drive Data Center Power Demand Upside
Analysts have nudged their average price target for PG&E up to about $21.20. This reflects a slightly more optimistic view on long term revenue growth from data center driven demand and capital investment opportunities, partially offset by lower allowed returns on equity in California.분석 기사 • Dec 15
PG&E (NYSE:PCG) Is Increasing Its Dividend To $0.05
PG&E Corporation ( NYSE:PCG ) will increase its dividend from last year's comparable payment on the 15th of January to...내러티브 업데이트 • Dec 11
PCG: Massive Transmission Spend Will Support Data Center Driven Demand Upswing
Analysts modestly increased their price target for PG&E, citing the stock's persistent valuation discount despite top tier expected EPS and rate base growth, improving wildfire risk profile, and a once in a generation demand uplift from data centers, which together support potential multiple expansion toward the low $20s per share range. Analyst Commentary Bullish analysts highlight that PG&E is still trading at a sizable discount to the utility sector, even as expectations for rate base and EPS growth move toward the top end of the peer group.내러티브 업데이트 • Nov 27
PCG: Upcoming $73 Billion Transmission Spend Will Meet Surging Power Demand
PG&E’s analyst price target has increased to $21, up from $19.50. Analysts point to continued strong rate base and earnings growth potential, supported by elevated electricity demand and ongoing regulatory developments.내러티브 업데이트 • Nov 12
PCG: Future Power Demand From Data Centers Will Drive New Transmission Investments
PG&E’s average analyst price target has increased notably in recent weeks. Updated forecasts now range between $20 and $25 per share as analysts cite improving growth prospects, demand tailwinds from data centers, and constructive regulatory developments.내러티브 업데이트 • Oct 29
Surging Data Center Demand Will Drive Major Utility Infrastructure Upgrades
Analysts have raised PG&E's fair value price target from $20.69 to $21.23 per share, citing the company's positioning amid robust electricity demand, a positive regulatory environment, and ongoing upgrades to utility assets. Analyst Commentary Recent research from multiple firms highlights both positive momentum and lingering concerns for PG&E, shaping a nuanced outlook on the company's share price and future potential.내러티브 업데이트 • Oct 15
Robust California Data Centers Will Boost Grid Modernization
PG&E’s analyst fair value target has risen by approximately $0.30 to $20.69, as analysts cite improved profit margins, slightly higher revenue growth, and expectations for multiple expansion. These expectations are driven by ongoing operational improvements and positive regulatory developments.내러티브 업데이트 • Sep 19
Robust California Data Centers Will Boost Grid Modernization
PG&E’s consensus price target saw a slight downward revision to $20.39 as, despite legislative progress reducing near-term regulatory risks, ongoing wildfire liability uncertainties and affordability issues continue to temper investor sentiment. Analyst Commentary Improved legislative outlook with the passage and strengthening of wildfire fund-related bills has reduced near-term regulatory uncertainties and relieved concerns about shareholder funding requirements.분석 기사 • Sep 02
PG&E (NYSE:PCG) Use Of Debt Could Be Considered Risky
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Seeking Alpha • Apr 28
PG&E: An Unpopular Utility Is Improving Its Portfolio
Summary PG&E is improving its portfolio, cash flow, and shareholder returns despite high rates, wildfire risks, and capital costs. The company targets 9% annual EPS growth and plans to increase its dividend by 2028. A massive 8.7 GW datacenter pipeline will help spread transmission costs and stabilize customer bills. Heavy investment in infrastructure aims to modernize the grid, reduce wildfire risks, and drive long-term shareholder returns. Read the full article on Seeking AlphaSeeking Alpha • Feb 20
PG&E Corporation: Robust Earnings Growth Outlook
Summary PG&E Corporation is transitioning from a low-growth utility to a high-growth company, driven by rising power demand and a 5.5GW data center pipeline. The fully funded $63 billion capex plan through 2028 supports a 10% CAGR in rate base and >9% earnings growth. Despite strong earnings growth prospects, PCG stock trades at a ~42% discount to peers, offering a potential 70% upside if valuation aligns with peers. Wildfire liabilities remain a risk, but active legislative engagement and strong execution on growth plans could mitigate these concerns. Read the full article on Seeking AlphaSeeking Alpha • Feb 06
Investors Are Overly Discounting PG&E's Financial And Legal Protections
Summary There is press speculation that one of the Southern California fires, Eaton, may have been related to transmission equipment owned by SoCal Edison. California passed a bill called AB1054 which protects the state’s investor-owned utilities from these liabilities. PG&E is now trading slightly below 10x 2026 earnings, versus regulated utility peers trading above 15x. We believe PCG investors are overly discounting the financial and legal protections provided by AB 1054. Read the full article on Seeking AlphaSeeking Alpha • Jan 07
PCG.PR.X: 6.00% Mandatory Convertible Preferred Stock IPO From PG&E Corporation
Summary PG&E Corp's new 6.00% Series A Mandatory Convertible Preferred Stock (PCG.PR.X) offers a cumulative annual dividend with a conversion clause based on the common stock price. PCG-X is currently trading at $50.11 with a Yield to Maturity of 5.92% but is overvalued compared to similar duration OTC bonds. PG&E's capital structure shows a poor coverage ratio, indicating a high risk for preferred shareholders if the company's reorganization falters. Conversion evaluation of PCG-X shows that at the moment there is no arbitrage with the common share. Read the full article on Seeking AlphaSeeking Alpha • Dec 11
PG&E's New Convertible Preferred Offers Dual Benefit
Summary PG&E has a new series of 6% preferred stock that converts into common after three years. The conversion terms offer a potential 25% upside. There are more risks than with a conventional preferred. PG&E has been in an uptrend as its wildfire prevention efforts have succeeded for three straight fire seasons. Read the full article on Seeking AlphaSeeking Alpha • Nov 08
PG&E: The Earnings Outlook Still Looks Good, Shares Undervalued
Summary PG&E remains a bargain with a trailing 12-month operating P/E of 14.6, a 23% discount to the sector, and a favorable PEG ratio. Despite wildfire risks and past bankruptcies, PG&E's valuation is compelling, with positive EPS trends and solid revenue growth projections. Technical analysis shows PG&E in an uptrend, targeting $22-$23, supported by a rising 200-day moving average and a bullish breakout. I maintain a buy rating on PG&E, expecting further gains into 2025 due to its undervaluation and strong financial outlook. Read the full article on Seeking AlphaSeeking Alpha • Aug 28
PG&E Corporation: Likely To Benefit From Approvals And Project Expansion Into 2025
Summary PG&E Corporation reported a 13.16% YoY revenue growth in Q2 2024, raising its earnings guidance by 10% into 2025 and 9% annually through 2028. Despite strong financials and regulatory approvals, PG&E offers low shareholder returns compared to rivals, necessitating an increase in dividends to match industry peers. The CPUC's approval of net billing tariffs and higher customer payments will support PG&E's infrastructural plans and increased demand from EVs, AI, and data centers. PG&E's stock is slightly undervalued with a forward P/E ratio of 15.83X, indicating potential upside into 2025, making it a hold. Read the full article on Seeking Alpha
새로운 내러티브 • Aug 20
Steady Growth And Robust Infrastructure Investments Mark Bright Future For Utility Giant
PG&E's commitment to significant earnings growth and infrastructure investment supports a strong financial outlook, enhancing investor revenue predictability.재무 상태 분석
단기부채: PCG 의 단기 자산 ( $14.8B )이 단기 부채( $12.3B ).
장기 부채: PCG의 단기 자산($14.8B)이 장기 부채($96.1B)를 충당하지 못합니다.
부채/자본 비율 추이 및 분석
부채 수준: PCG 의 순부채 대 자기자본 비율( 183% )은 높음으로 간주됩니다.
부채 감소: PCG의 부채 대비 자본 비율은 지난 5년 동안 190.7%에서 186.4%로 감소했습니다.
부채 범위: PCG 의 부채는 영업 현금 흐름 ( 13.3% )에 의해 잘 갚지 않음입니다.
이자 보장: PCG 의 부채에 대한 이자 지급은 EBIT(2.1x 적용 범위)만큼 잘 덮이지 않음입니다.
대차대조표
건전한 기업 찾아보기
기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2026/05/20 16:36 |
| 종가 | 2026/05/20 00:00 |
| 수익 | 2026/03/31 |
| 연간 수익 | 2025/12/31 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
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| 분석가 컨센서스 추정치 | +3년 |
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| 시장 가격 | 30년 |
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| 지분 구조 | 10년 |
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| 경영진 | 10년 |
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| 주요 개발 | 10년 |
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* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.
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이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.
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산업 및 섹터 지표
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분석가 소스
PG&E Corporation는 28명의 분석가가 다루고 있습니다. 이 중 13명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Daniel Ford | Barclays |
| Nicholas Campanella | Barclays |