TTM
45.9%
YoY change
−17.92pp
Trough year (2019)
8.7%
Peak year (2001)
80.7%
Latest annual
19.6%
Gross Margin history chart for PG&E (PCG) from 1995 to 2025
Latest: 19.6%
Gross Margin change chart for PG&E (PCG) from 1995 to 2025
Latest: −17.92pp
Gross Margin history table for PG&E (PCG) from 1995 to 2025
| 2025 | 19.6% | -17.92pp | ||
| 2024 | 37.5% | +21.12pp | ||
| 2023 | 16.4% | +4.01pp | ||
| 2022 | 12.4% | +2.00pp | ||
| 2021 | 10.4% | -0.49pp | ||
| 2020 | 10.9% | +2.15pp | ||
| 2019 | 8.7% | -5.10pp | ||
| 2018 | 13.8% | -3.59pp | ||
| 2017 | 17.4% | +1.04pp | ||
| 2016 | 16.4% | +2.26pp | ||
| 2015 | 14.1% | -0.75pp | ||
| 2014 | 14.9% | +2.74pp | ||
| 2013 | 12.1% | -1.38pp | ||
| 2012 | 13.5% | -3.25pp | ||
| 2011 | 16.8% | -4.62pp | ||
| 2010 | 21.4% | -1.41pp | ||
| 2009 | 22.8% | +7.34pp | ||
| 2008 | 15.5% | -0.51pp | ||
| 2007 | 16.0% | -0.84pp | ||
| 2006 | 16.8% | -0.02pp | ||
| 2005 | 16.8% | -29.10pp | ||
| 2004 | 45.9% | -18.16pp | ||
| 2003 | 64.1% | -13.61pp | ||
| 2002 | 77.7% | -2.97pp | ||
| 2001 | 80.7% | +69.82pp | ||
| 2000 | 10.8% | -23.18pp | ||
| 1999 | 34.0% | +0.33pp | ||
| 1998 | 33.7% | -11.21pp | ||
| 1997 | 44.9% | -23.20pp | ||
| 1996 | 68.1% | -6.43pp | ||
| 1995 | 74.5% | — |
- 202519.6%-17.92pp
- 202437.5%+21.12pp
- 202316.4%+4.01pp
- 202212.4%+2.00pp
- 202110.4%-0.49pp
- 202010.9%+2.15pp
- 20198.7%-5.10pp
- 201813.8%-3.59pp
- 201717.4%+1.04pp
- 201616.4%+2.26pp
- 201514.1%-0.75pp
- 201414.9%+2.74pp
- 201312.1%-1.38pp
- 201213.5%-3.25pp
- 201116.8%-4.62pp
- 201021.4%-1.41pp
- 200922.8%+7.34pp
- 200815.5%-0.51pp
- 200716.0%-0.84pp
- 200616.8%-0.02pp
- 200516.8%-29.10pp
- 200445.9%-18.16pp
- 200364.1%-13.61pp
- 200277.7%-2.97pp
- 200180.7%+69.82pp
- 200010.8%-23.18pp
- 199934.0%+0.33pp
- 199833.7%-11.21pp
- 199744.9%-23.20pp
- 199668.1%-6.43pp
- 199574.5%—
Gross Margin values are taken from PG&E's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at PG&E (PCG)
According to PG&E's latest reported financial statements, the company's latest reported gross margin is 45.9%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for PG&E (PCG) came in at 19.59% – contracted 17.9 percentage points year-over-year.
The highest annual gross margin of 80.67% was reported in 2001. The lowest in the available history was 8.72% in 2019.
PG&E Gross Margin by Year
PG&E Gross Margin 2025: 19.6%
PG&E posted gross margin of 19.59% in 2025, contracted 17.9 percentage points from 2024.
PG&E Gross Margin 2024: 37.5%
In 2024, PG&E reported gross margin of 37.50%, expanded 21.1 percentage points from 2023.
PG&E Gross Margin 2023: 16.4%
PG&E gross margin in 2023 was 16.38%, expanded 4.0 percentage points from 2022.
PG&E Gross Margin 2022: 12.4%
2022's gross margin for PG&E came in at 12.37%, expanded 2.0 percentage points from 2021.
PG&E Gross Margin 2021: 10.4%
PG&E gross margin in 2021 was 10.37%.
See more financial history for PG&E (PCG).
Sector peers by Gross Margin
Utilities peers of PG&E (PCG), ranked by their latest gross margin
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