PG&E Past Earnings Performance
Past criteria checks 3/6
PG&E has been growing earnings at an average annual rate of 75%, while the Electric Utilities industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 8% per year. PG&E's return on equity is 9.3%, and it has net margins of 10%.
Key information
75.0%
Earnings growth rate
78.8%
EPS growth rate
| Electric Utilities Industry Growth | 7.3% |
| Revenue growth rate | 8.0% |
| Return on equity | 9.3% |
| Net Margin | 10.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How PG&E makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 24,080 | 2,405 | -156 | 0 |
| 31 Dec 23 | 24,428 | 2,242 | -146 | 0 |
| 30 Sep 23 | 22,757 | 1,836 | -261 | 0 |
| 30 Jun 23 | 22,263 | 1,944 | -377 | 0 |
| 31 Mar 23 | 22,091 | 1,894 | -472 | 0 |
| 31 Dec 22 | 21,680 | 1,800 | -587 | 0 |
| 30 Sep 22 | 21,556 | 1,759 | -585 | 0 |
| 30 Jun 22 | 21,627 | 212 | -558 | 0 |
| 31 Mar 22 | 21,724 | 253 | -532 | 0 |
| 31 Dec 21 | 20,642 | -102 | -506 | 0 |
| 30 Sep 21 | 20,144 | -374 | -484 | 0 |
| 30 Jun 21 | 19,561 | 800 | -462 | 0 |
| 31 Mar 21 | 18,879 | -1,569 | -439 | 0 |
| 31 Dec 20 | 18,469 | -1,318 | -416 | 0 |
| 30 Sep 20 | 18,464 | -5,135 | -206 | 0 |
| 30 Jun 20 | 18,014 | -6,837 | -149 | 0 |
| 31 Mar 20 | 17,424 | -7,418 | -92 | 0 |
| 31 Dec 19 | 17,129 | -7,656 | -187 | 0 |
| 30 Sep 19 | 16,474 | -10,912 | 98 | 0 |
| 30 Jun 19 | 16,423 | -8,729 | 47 | 0 |
| 31 Mar 19 | 16,714 | -7,160 | -3 | 0 |
| 31 Dec 18 | 16,759 | -6,851 | -52 | 0 |
| 30 Sep 18 | 16,771 | 136 | -291 | 0 |
| 30 Jun 18 | 16,907 | 122 | -194 | 0 |
| 31 Mar 18 | 16,923 | 1,512 | -87 | 0 |
| 31 Dec 17 | 17,135 | 1,646 | -1 | 0 |
| 30 Sep 17 | 17,748 | 2,224 | 0 | 0 |
| 30 Jun 17 | 18,041 | 2,062 | 0 | 0 |
| 31 Mar 17 | 17,960 | 1,862 | -10 | 0 |
| 31 Dec 16 | 17,666 | 1,393 | -12 | 0 |
| 30 Sep 16 | 17,120 | 835 | 0 | 0 |
| 30 Jun 16 | 16,860 | 754 | 0 | 0 |
| 31 Mar 16 | 16,908 | 950 | 0 | 0 |
| 31 Dec 15 | 16,833 | 874 | 0 | 0 |
| 30 Sep 15 | 16,974 | 871 | 0 | 0 |
| 30 Jun 15 | 17,363 | 1,375 | 0 | 0 |
| 31 Mar 15 | 17,098 | 1,240 | 0 | 0 |
| 31 Dec 14 | 17,090 | 1,436 | 0 | 0 |
| 30 Sep 14 | 16,757 | 1,391 | 0 | 0 |
| 30 Jun 14 | 15,993 | 741 | 0 | 0 |
| 31 Mar 14 | 15,817 | 802 | 0 | 0 |
| 31 Dec 13 | 15,598 | 814 | 0 | 0 |
| 30 Sep 13 | 15,453 | 715 | 0 | 0 |
| 30 Jun 13 | 15,254 | 915 | 0 | 0 |
Quality Earnings: PCG has a large one-off loss of $593.0M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: PCG's current net profit margins (10%) are higher than last year (8.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PCG has become profitable over the past 5 years, growing earnings by 75% per year.
Accelerating Growth: PCG's earnings growth over the past year (27%) is below its 5-year average (75% per year).
Earnings vs Industry: PCG earnings growth over the past year (27%) exceeded the Electric Utilities industry 5.2%.
Return on Equity
High ROE: PCG's Return on Equity (9.3%) is considered low.