Net Assets for PG&E (PCG)
According to PG&E's latest reported financial statements, the company's latest reported net assets is $33.25B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

PCG
Currently viewingNet AssetsSwitch metric
Latest period
$33.25B
YoY change
+7.9%
5Y CAGR
+9.2%
Peak year (2025)
$32.54B
Latest annual
$32.54B
Net Assets history chart for PG&E (PCG) from 1995 to 2025
Net Assets history table for PG&E (PCG) from 1995 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $32.54B | +7.9% | ||
| 2024 | $30.15B | +20.4% | ||
| 2023 | $25.04B | +9.7% | ||
| 2022 | $22.82B | +8.8% | ||
| 2021 | $20.97B | -0.1% | ||
| 2020 | $21.00B | +308.9% | ||
| 2019 | $5.14B | -59.4% | ||
| 2018 | $12.65B | -34.2% | ||
| 2017 | $19.22B | +7.1% | ||
| 2016 | $17.94B | +8.2% | ||
| 2015 | $16.58B | +5.3% | ||
| 2014 | $15.75B | +9.8% | ||
| 2013 | $14.34B | +9.7% | ||
| 2012 | $13.07B | +8.0% | ||
| 2011 | $12.10B | +7.3% | ||
| 2010 | $11.28B | +9.2% | ||
| 2009 | $10.33B | +7.3% | ||
| 2008 | $9.63B | +12.6% | ||
| 2007 | $8.55B | +9.5% | ||
| 2006 | $7.81B | +8.2% | ||
| 2005 | $7.22B | -16.4% | ||
| 2004 | $8.63B | +104.8% | ||
| 2003 | $4.21B | +16.7% | ||
| 2002 | $3.61B | -16.4% | ||
| 2001 | $4.32B | +36.3% | ||
| 2000 | $3.17B | -58.6% | ||
| 1999 | $7.67B | -13.3% | ||
| 1998 | $8.85B | -9.1% | ||
| 1997 | $9.74B | +5.8% | ||
| 1996 | $9.20B | -2.5% | ||
| 1995 | $9.44B | — |
Net Assets values are taken from PG&E's reported balance sheets (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
PG&E (PCG) most recent annual net assets stands at $32.54B (2025) – grew 7.9% year-over-year.
PG&E net assets compound annual growth for the 2020–2025 (5 years) window is +9.2%, sustaining 4 straight years of year-over-year growth.
$32.54B stands as the all-time-high annual net assets, posted in 2025, against a low of $3.17B during 2000.
PG&E (PCG) sits 4th of 8 Utilities peers we track on this metric, against a peer median of $31.38B.
PG&E Net Assets by Year
PG&E Net Assets 2025: $32.54B
PG&E net assets in 2025 was $32.54B, grew 7.9% from 2024. This figure represents the highest annual value in the available history.
PG&E Net Assets 2024: $30.15B
PG&E net assets in 2024 was $30.15B, grew 20.4% from 2023.
PG&E Net Assets 2023: $25.04B
PG&E net assets in 2023 was $25.04B, grew 9.7% from 2022.
PG&E Net Assets 2022: $22.82B
PG&E net assets in 2022 was $22.82B, grew 8.8% from 2021.
PG&E Net Assets 2021: $20.97B
PG&E net assets in 2021 was $20.97B.
See more financial history for PG&E (PCG).
Sector peers — Net Assets
Companies in the same sector as PG&E, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $54.61B | Utilities |
| Duke Energy Corporation (DUK) | $51.84B | Utilities |
| The Southern Company (SO) | $36.02B | Utilities |
| Sempra (SRE) | $31.61B | Utilities |
| American Electric Power Company, Inc. (AEP) | $31.14B | Utilities |
| Dominion Energy, Inc. (D) | $29.08B | Utilities |
| Constellation Energy Corporation (CEG) | $14.52B | Utilities |
| GE Vernova Inc. (GEV) | $11.18B | Utilities |
Frequently asked questions
What is PG&E's net assets?
- Latest reported net assets for PG&E (PCG) is $33.25B (period ending March 31, 2026).
How has PG&E net assets changed year-over-year?
- PG&E (PCG) net assets changed +7.9% year-over-year on the latest annual filing.
What is the long-term growth rate of PG&E net assets?
- PG&E (PCG) net assets compound annual growth rate is +9.2% over the most recent 5 years available.
When did PG&E net assets hit its highest annual value?
- PG&E net assets reached its highest annual value of $32.54B in 2025.
What was PG&E net assets in 2024?
- PG&E (PCG) net assets in 2024 was $30.15B.
What was PG&E net assets in 2025?
- PG&E (PCG) net assets in 2025 was $32.54B.
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