TTM
19.4%
YoY change
+1.33pp
Trough year (2000)
-18.8%
Peak year (1985)
100.0%
Latest annual
19.6%
Operating Margin history chart for PG&E (PCG) from 1985 to 2025
Latest: 19.6%
Operating Margin change chart for PG&E (PCG) from 1985 to 2025
Latest: +1.33pp
Operating Margin history table for PG&E (PCG) from 1985 to 2025
| 2025 | 19.6% | +1.33pp | ||
| 2024 | 18.3% | +1.88pp | ||
| 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% | -3.18pp | ||
| 2004 | 20.0% | -2.44pp | ||
| 2003 | 22.5% | -15.19pp | ||
| 2002 | 37.6% | +26.26pp | ||
| 2001 | 11.4% | +30.17pp | ||
| 2000 | -18.8% | -23.01pp | ||
| 1999 | 4.2% | -6.30pp | ||
| 1998 | 10.5% | -0.70pp | ||
| 1997 | 11.2% | -8.31pp | ||
| 1996 | 19.5% | -9.18pp | ||
| 1995 | 28.7% | -71.28pp | ||
| 1994 | 100.0% | 0.00pp | ||
| 1993 | 100.0% | 0.00pp | ||
| 1992 | 100.0% | 0.00pp | ||
| 1991 | 100.0% | 0.00pp | ||
| 1990 | 100.0% | 0.00pp | ||
| 1989 | 100.0% | 0.00pp | ||
| 1988 | 100.0% | 0.00pp | ||
| 1987 | 100.0% | 0.00pp | ||
| 1986 | 100.0% | 0.00pp | ||
| 1985 | 100.0% | — |
- 202519.6%+1.33pp
- 202418.3%+1.88pp
- 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%-3.18pp
- 200420.0%-2.44pp
- 200322.5%-15.19pp
- 200237.6%+26.26pp
- 200111.4%+30.17pp
- 2000-18.8%-23.01pp
- 19994.2%-6.30pp
- 199810.5%-0.70pp
- 199711.2%-8.31pp
- 199619.5%-9.18pp
- 199528.7%-71.28pp
- 1994100.0%0.00pp
- 1993100.0%0.00pp
- 1992100.0%0.00pp
- 1991100.0%0.00pp
- 1990100.0%0.00pp
- 1989100.0%0.00pp
- 1988100.0%0.00pp
- 1987100.0%0.00pp
- 1986100.0%0.00pp
- 1985100.0%—
Operating 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 Operating Margin at PG&E (PCG)
According to PG&E's latest reported financial statements, the company's latest reported operating margin is 19.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, PG&E (PCG) reported operating margin of 19.59% – expanded 1.3 percentage points year-over-year.
100.00% stands as the all-time-high annual operating margin, posted in 1985, against a low of -18.79% during 2000.
PG&E Operating Margin by Year
PG&E Operating Margin 2025: 19.6%
In 2025, PG&E reported operating margin of 19.59%, expanded 1.3 percentage points from 2024.
PG&E Operating Margin 2024: 18.3%
PG&E operating margin in 2024 was 18.26%, expanded 1.9 percentage points from 2023.
PG&E Operating Margin 2023: 16.4%
2023's operating margin for PG&E came in at 16.38%, expanded 4.0 percentage points from 2022.
PG&E Operating Margin 2022: 12.4%
PG&E posted operating margin of 12.37% in 2022, expanded 2.0 percentage points from 2021.
PG&E Operating Margin 2021: 10.4%
PG&E operating margin in 2021 was 10.37%.
See more financial history for PG&E (PCG).
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