PG&E Corporation (PCG) balance sheet

NYSE · Utilities · Regulated Electric · 29,010 employees · CEO Patricia Kessler Poppe

Price: $13.18 -0.38%
Market cap: $35.3B
Enterprise value: $99.9B
Last report: Q3 '26 filed 2026-10-22
Next report: 2027-02-11 EPS est. $0.40

At the end of Q3 '26 PG&E Corporation (PCG) held $902M in cash and short-term investments against $65.5B of debt incl. leases. Total assets $147B, total liabilities $112B, shareholders' equity $34.6B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	$635M	$658M	$1.32B	$895M	$940M	$2.02B	$494M	$772M	$713M	$1.49B	$972M	$902M
Receivables	$10.5B	$11.4B	$12.1B	$12.7B	$12.7B	$11.3B	$11.6B	$10.7B	$11.7B	$10.2B	$9.69B	$10.3B
Inventory	$870M	$821M	$823M	$812M	$820M	$789M	$786M	$763M	$820M	$831M	$855M	$857M
Other current assets	$2.42B	$2.32B	$2.48B	$3.16B	$2.71B	$2.81B	$2.24B	$1.18B	$2.55B	$1.23B	$4.8B	$2.69B
Current assets	$14.4B	$15.2B	$16.7B	$17.5B	$17.2B	$16.9B	$15.2B	$14.4B	$15.8B	$14.8B	$15.4B	$14.7B
Property, plant & equipment (net)	$82.9B	$84.2B	$85.8B	$86.9B	$88.8B	$90.2B	$92.3B	$94.3B	$96.8B	$98.7B	$101B	$103B
Long-term investments	$3.57B	$3.71B	$3.74B	$3.91B	$3.83B	$3.85B	$4.02B	$5.29B	$4.23B	$4.19B	$4.43B	$4.43B
Other non-current assets	$24.8B	$24.5B	$24.5B	$23.9B	$23.9B	$24.5B	$24.9B	$24.3B	$24.8B	$24.2B	$24.6B	$25.1B
Non-current assets	$111B	$112B	$114B	$115B	$116B	$119B	$121B	$124B	$126B	$127B	$130B	$133B
Total assets	$126B	$128B	$131B	$132B	$134B	$135B	$136B	$138B	$142B	$142B	$145B	$147B
Liabilities
Accounts payable	$2.31B	$2.15B	$2.15B	$2.4B	$2.75B	$2.52B	$2.66B	$3.02B	$3.35B	$2.84B	$3.01B	$3.05B
Accrued expenses	$679M	$581M	$723M	$651M	$760M	$688M	$767M	$657M	$764M	$0	$833M	$773M
Short-term debt	$5.35B	$3.74B	$6.55B	$4.15B	$3.67B	$6.22B	$5.17B	$3.79B	$3.5B	$2.3B	$2.45B	$3.68B
Taxes payable	$1M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other current liabilities	$6.12B	$5.63B	$5.21B	$5.61B	$4.57B	$4.37B	$4.12B	$4.43B	$4.55B	$4.65B	$3.23B	$3.5B
Current liabilities	$17.3B	$15.5B	$18.5B	$16.9B	$16.3B	$17.8B	$16.2B	$15.3B	$16.3B	$12.3B	$12.7B	$14.3B
Long-term debt	$51B	$53.4B	$52.7B	$54.7B	$53.6B	$52.7B	$54B	$55.5B	$57.4B	$60.1B	$61.8B	$61.3B
Lease obligations (non-current)	$1.07B	$1.06B	$537M	$466M	$443M	$429M	$415M	$380M	$362M	$409M	$394M	$358M
Deferred tax liabilities	$1.98B	$2.23B	$2.48B	$2.67B	$3.08B	$3.25B	$3.55B	$3.78B	$4.14B	$4.43B	$4.72B	$5.02B
Other non-current liabilities	$29.1B	$29.5B	$30.1B	$30.5B	$29.8B	$30.3B	$30.8B	$31B	$30.6B	$31.1B	$31.4B	$31.4B
Non-current liabilities	$83.1B	$86.2B	$85.7B	$88.4B	$86.9B	$86.7B	$88.8B	$90.7B	$92.5B	$96.1B	$98.3B	$98.1B
Total liabilities	$100B	$102B	$104B	$105B	$103B	$105B	$105B	$106B	$109B	$108B	$111B	$112B
Equity
Common stock & paid-in capital	$30.4B	$30.4B	$30.4B	$30.4B	$31.6B	$31.5B	$31.6B	$31.6B	$31.6B	$31.6B	$31.6B	$31.7B
Retained earnings	-$5.32B	-$4.61B	-$4.11B	-$3.56B	-$2.97B	-$2.41B	-$1.95B	-$1.18B	-$650M	$97M	$719M	$1.36B
Accumulated other comprehensive income	-$13M	-$14M	-$14M	-$10M	-$19M	-$12M	-$4M	-$8M	-$25M	-$31M	-$33M	-$35M
Shareholders' equity	$25B	$25.7B	$26.3B	$26.8B	$30.1B	$30.7B	$31.2B	$32B	$32.5B	$33.3B	$33.9B	$34.6B
Debt
Total debt (incl. leases)	$57.7B	$58.6B	$60.6B	$60B	$58.3B	$60B	$59.7B	$59.8B	$61.3B	$62.9B	$64.7B	$65.5B
Net debt (debt - cash)	$57.1B	$57.9B	$59.3B	$59.1B	$57.4B	$57.9B	$59.2B	$59B	$60.6B	$61.5B	$63.7B	$64.6B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	$177M	$449M	$1.67B	$1.57B	$484M	$291M	$734M	$635M	$940M	$713M
Receivables	$4.81B	$4.27B	$6.29B	$6.99B	$6.14B	$8.34B	$8.84B	$10.5B	$12.7B	$11.7B
Inventory	$463M	$481M	$554M	$647M	$628M	$596M	$842M	$870M	$820M	$820M
Other current assets	$713M	$1.08B	$681M	$961M	$2.35B	$1.86B	$2.4B	$2.42B	$2.71B	$2.55B
Current assets	$6.16B	$6.28B	$9.2B	$10.2B	$9.6B	$11.1B	$12.8B	$14.4B	$17.2B	$15.8B
Property, plant & equipment (net)	$50.6B	$53.8B	$58.6B	$63.9B	$67.9B	$71.1B	$77.5B	$82.9B	$88.8B	$96.8B
Long-term investments	$2.61B	$2.86B	$2.73B	$3.17B	$3.54B	$3.8B	$3.3B	$3.57B	$3.83B	$4.23B
Deferred tax assets	$267M	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$9.25B	$5.08B	$6.51B	$7.94B	$16.8B	$17.4B	$25B	$24.8B	$23.9B	$24.8B
Non-current assets	$62.4B	$61.7B	$67.8B	$75B	$88.3B	$92.3B	$106B	$111B	$116B	$126B
Total assets	$68.6B	$68B	$77B	$85.2B	$97.9B	$103B	$119B	$126B	$134B	$142B
Liabilities
Accounts payable	$1.5B	$1.65B	$1.98B	$1.95B	$2.4B	$2.86B	$2.89B	$2.31B	$2.75B	$3.35B
Accrued expenses	$216M	$217M	$228M	$4M	$498M	$481M	$626M	$679M	$760M	$764M
Short-term debt	$2.22B	$1.38B	$22B	$1.5B	$3.58B	$6.67B	$4.32B	$5.35B	$3.67B	$3.5B
Taxes payable	$0	$0	$0	$0	$0	$0	$0	$1M	$0	$0
Other current liabilities	$2.56B	$2.25B	$16B	$1.25B	$4.75B	$5.16B	$5.28B	$6.12B	$4.57B	$4.55B
Current liabilities	$7.56B	$7.13B	$41.7B	$7.63B	$13.6B	$17.4B	$15.8B	$17.3B	$16.3B	$16.3B
Long-term debt	$16.2B	$17.8B	$0	$23.1B	$37.3B	$38.2B	$47.7B	$51B	$53.6B	$57.4B
Lease obligations (non-current)	$0	$0	$0	$1.73B	$1.21B	$810M	$1.24B	$1.07B	$443M	$362M
Deferred revenue (non-current)	$0	$0	$0	-$2.12B	$5M	$0	$0	$0	$0	$0
Deferred tax liabilities	$10.2B	$5.82B	$3.28B	$320M	$1.4B	$3.18B	$2.73B	$1.98B	$3.08B	$4.14B
Other non-current liabilities	$16.4B	$17.8B	$19.1B	$47.9B	$23.1B	$22.5B	$28.1B	$29.1B	$29.8B	$30.6B
Non-current liabilities	$42.8B	$41.4B	$22.4B	$71B	$63B	$64.7B	$79.8B	$83.1B	$86.9B	$92.5B
Total liabilities	$50.4B	$48.5B	$64.1B	$79.8B	$76.6B	$82.1B	$95.6B	$100B	$103B	$109B
Equity
Common stock & paid-in capital	$12.2B	$12.6B	$12.9B	$13B	$30.2B	$35.1B	$32.9B	$30.4B	$31.6B	$31.6B
Retained earnings	$5.75B	$6.6B	-$250M	-$7.89B	-$9.2B	-$9.28B	-$7.54B	-$5.32B	-$2.97B	-$650M
Accumulated other comprehensive income	-$9M	-$8M	-$9M	-$10M	-$27M	-$20M	-$5M	-$13M	-$19M	-$25M
Shareholders' equity	$17.9B	$19.2B	$12.7B	$5.14B	$21B	$21B	$22.8B	$25B	$30.1B	$32.5B
Debt
Total debt (incl. leases)	$18.4B	$19.1B	$22B	$3.79B	$42.6B	$46.2B	$53.5B	$57.7B	$58.3B	$61.3B
Net debt (debt - cash)	$18.3B	$18.7B	$20.3B	$2.22B	$42.1B	$45.9B	$52.8B	$57.1B	$57.4B	$60.6B

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30

Data as of 2026-11-02