| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 75 | 10.0x | 17.8x | Top tier | |
Growth | 50 | 5.7% | 7.1% | Around median | |
Quality | 42 | 6.0% | 4.5% | Around median | |
Safety | 30 | 4.7x | 2.6x | Bottom tier | |
Capital Return | 14 | — | 2.12% | Bottom tier | |
Momentum | 34 | 17.0% | 2.9% | Bottom tier | |
Sentiment | 41 | 11 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
PG&E Corporation operates through a regulated electric utility serving millions of customers in California, and its ability to generate earnings is based on capital investment in the grid and the recovery of costs and returns through regulatory frameworks. Its plan centers on improving safety and reliability while reducing non-fuel operating and maintenance expenses, and it targets keeping annual customer bill growth between 0% and 3%.
In Q2 fiscal 2026, revenue was $5.9 billion, net income was $761 million, and EPS according to EDGAR was approximately $0.33, while management reported core EPS of $0.40. In the first half of fiscal 2026, core EPS reached $0.83, up $0.19 from the corresponding period, with capital investment to serve customers contributing $0.09 to this improvement, while net operating and maintenance savings and redeployment added $0.03.
For fiscal 2025, the company recorded revenue of $24.9 billion, net income of $2.7 billion, and EPS of $1.18, while trailing-twelve-month data in 2026 showed revenue of $25.8 billion, net income of $3.2 billion, and EPS of approximately $1.39. The data does not present gross profit, gross margin, or a financial breakdown of revenue by segment, but the $73 billion capital plan through 2030 includes approximately $20 billion of FERC investments, $16 billion for resilience and system hardening, and $23 billion for capacity and new business.
The analyst consensus is “Buy,” with an average price target of $23.8 and a range between $21 and $28. The average target is above the 52-week high of $19.16, reflecting expectations that targeted EPS growth and credit improvement will materialize, but the range of targets and the continued lack of resolution regarding the wildfire liability framework justify retaining a risk margin in the valuation.
Figures in the text are as of 2026-08-27; the live price is shown at the top of the page.
Revenue in Q2 fiscal 2026 was approximately $5.9 billion, and net income was $761 million. EPS according to EDGAR was $0.33, while core EPS presented by management was $0.40. Core EPS in the first half of fiscal 2026 reached $0.83, up $0.19 from the corresponding period.
On July 23, 2026, management reaffirmed core EPS guidance for fiscal 2026 at $1.64–$1.66. The midpoint of the range represents 10% growth compared with fiscal 2025. The company also maintained its target of more than 9% annual EPS growth during the period from 2027 to 2030.
PG&E's data center project pipeline exceeded 12 gigawatts in Q2 fiscal 2026. However, management's assumption is that only approximately 1.8 gigawatts will enter service by 2030, and it clarified that not all projects will be completed. The company believes each gigawatt of new load, if appropriately priced, could reduce rates for other customers by approximately 1% or more.
Automated analysis for informational purposes only — not investment advice.
PG&E's five-year plan assumes implementation of California's commitment under Phase 2 of SB 254 to establish a permanent, financeable wildfire liability framework. Management views this framework as necessary to attract low-cost capital and support achieving investment-grade status. If the framework remains unresolved or inadequate, management said it would reassess capital allocation and long-term investments, while maintaining safety, compliance, and service commitments.
The capital plan totals $73 billion through 2030, and management says its equity needs are fully funded and do not require issuing additional shares. The plan includes approximately $20 billion of FERC investments, approximately $16 billion for resilience and system hardening, and $23 billion for capacity and new business. In June 2026, the company issued $2.2 billion of utility bonds, bringing total utility debt financing during the year to $4.4 billion.
On the July 23, 2026 call, the company stated that it was in its fourth year without major wildfires linked to its equipment and without buildings destroyed because of them. Since January 2025, continuous monitoring has helped avoid approximately 20 million outage minutes, 28 ignitions, and more than 5 thousand hours of emergency response. Reliability also improved 23% in 2026 compared with the corresponding period, and more than 650 high-definition cameras helped accelerate wildfire response by 18 minutes.
