Gross Profit for PG&E (PCG)
According to PG&E's latest reported financial statements, the company's current gross profit (TTM) is $11.87B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
PCG
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$11.87B
YoY change
-46.7%
5Y CAGR
+19.5%
Peak year (2001)
$18.52B
Cumulative gross profit
$226.36B
Gross Profit history chart for PG&E (PCG) from 1985 to 2025
Gross Profit history table for PG&E (PCG) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $4.88B | -46.7% | ||
| 2024 | $9.16B | +128.8% | ||
| 2023 | $4.00B | +49.2% | ||
| 2022 | $2.68B | +25.3% | ||
| 2021 | $2.14B | +6.7% | ||
| 2020 | $2.01B | +34.4% | ||
| 2019 | $1.49B | -35.5% | ||
| 2018 | $2.32B | -22.4% | ||
| 2017 | $2.98B | +3.1% | ||
| 2016 | $2.89B | +21.7% | ||
| 2015 | $2.38B | -6.5% | ||
| 2014 | $2.54B | +34.3% | ||
| 2013 | $1.89B | -6.9% | ||
| 2012 | $2.03B | -18.9% | ||
| 2011 | $2.51B | -15.3% | ||
| 2010 | $2.96B | -3.1% | ||
| 2009 | $3.05B | +35.1% | ||
| 2008 | $2.26B | +7.0% | ||
| 2007 | $2.11B | +0.3% | ||
| 2006 | $2.11B | +7.0% | ||
| 2005 | $1.97B | -61.3% | ||
| 2004 | $5.09B | -23.9% | ||
| 2003 | $6.69B | -18.1% | ||
| 2002 | $8.16B | -55.9% | ||
| 2001 | $18.52B | +550.8% | ||
| 2000 | $2.85B | -59.8% | ||
| 1999 | $7.08B | +5.4% | ||
| 1998 | $6.72B | -2.8% | ||
| 1997 | $6.92B | +5.7% | ||
| 1996 | $6.54B | -8.7% | ||
| 1995 | $7.17B | -31.4% | ||
| 1994 | $10.45B | -1.3% | ||
| 1993 | $10.58B | +2.8% | ||
| 1992 | $10.30B | +5.3% | ||
| 1991 | $9.78B | +3.3% | ||
| 1990 | $9.47B | +10.3% | ||
| 1989 | $8.59B | +12.3% | ||
| 1988 | $7.65B | +6.4% | ||
| 1987 | $7.19B | -8.1% | ||
| 1986 | $7.82B | -7.3% | ||
| 1985 | $8.43B | — |
Gross Profit values are taken from PG&E's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, PG&E (PCG) reported gross profit of $4.88B – plunged 46.7% year-over-year.
PG&E gross profit compound annual growth for the 2020–2025 (5 years) window is +19.5%, with the latest reading among the more recent periods of the dataset.
PG&E gross profit plunged from $18.52B in 2001 to $4.88B in 2025, a 73.6% drawdown.
The dataset's maximum gross profit sits at $18.52B (2001); the minimum reading of $1.49B dates to 2019.
PG&E (PCG) sits 8th of 8 Utilities peers we track on this metric, against a peer median of $8.45B.
PG&E Gross Profit by Year
PG&E Gross Profit 2025: $4.88B
PG&E gross profit in 2025 was $4.88B, plunged 46.7% below 2024.
PG&E Gross Profit 2024: $9.16B
PG&E gross profit in 2024 was $9.16B, surged 128.8% from 2023.
PG&E Gross Profit 2023: $4.00B
PG&E gross profit in 2023 was $4.00B, surged 49.2% from 2022.
PG&E Gross Profit 2022: $2.68B
PG&E gross profit in 2022 was $2.68B, grew 25.3% from 2021.
PG&E Gross Profit 2021: $2.14B
PG&E gross profit in 2021 was $2.14B.
See more financial history for PG&E (PCG).
Sector peers — Gross Profit
Companies in the same sector as PG&E, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Constellation Energy Corporation (CEG) | $19.36B | Utilities |
| NextEra Energy, Inc. (NEE) | $17.25B | Utilities |
| Duke Energy Corporation (DUK) | $10.17B | Utilities |
| The Southern Company (SO) | $8.81B | Utilities |
| Dominion Energy, Inc. (D) | $8.09B | Utilities |
| GE Vernova Inc. (GEV) | $7.54B | Utilities |
| American Electric Power Company, Inc. (AEP) | $6.93B | Utilities |
| Sempra (SRE) | $4.00B | Utilities |
Frequently asked questions
What is PG&E's gross profit?
- Latest reported gross profit for PG&E (PCG) is $11.87B (period ending March 31, 2026).
How has PG&E gross profit changed year-over-year?
- PG&E (PCG) gross profit changed -46.7% year-over-year on the latest annual filing.
What is the long-term growth rate of PG&E gross profit?
- PG&E (PCG) gross profit compound annual growth rate is +19.5% over the most recent 5 years available.
When did PG&E gross profit hit its highest annual value?
- PG&E gross profit reached its highest annual value of $18.52B in 2001.
What was PG&E gross profit in 2024?
- PG&E (PCG) gross profit in 2024 was $9.16B.
What was PG&E gross profit in 2025?
- PG&E (PCG) gross profit in 2025 was $4.88B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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