Shares Outstanding for PG&E (PCG)
According to PG&E's latest reported financial statements, the company's latest reported diluted shares outstanding is 2.28B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

PCG
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Latest period
2.28B
YoY change
+2.6%
5Y CAGR
+11.9%
Peak year (2025)
2.20B
Latest annual
2.20B
Shares Outstanding history chart for PG&E (PCG) from 1985 to 2025
Shares Outstanding history table for PG&E (PCG) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 2.20B | +2.6% | ||
| 2024 | 2.15B | +0.4% | ||
| 2023 | 2.14B | +0.3% | ||
| 2022 | 2.13B | +7.4% | ||
| 2021 | 1.99B | +57.9% | ||
| 2020 | 1.26B | +138.1% | ||
| 2019 | 528.00M | +2.1% | ||
| 2018 | 517.00M | +0.8% | ||
| 2017 | 513.00M | +2.4% | ||
| 2016 | 501.00M | +2.9% | ||
| 2015 | 487.00M | +3.6% | ||
| 2014 | 470.00M | +5.6% | ||
| 2013 | 445.00M | +4.7% | ||
| 2012 | 425.00M | +5.7% | ||
| 2011 | 402.00M | +2.6% | ||
| 2010 | 392.00M | +1.6% | ||
| 2009 | 386.00M | +7.8% | ||
| 2008 | 358.00M | +1.4% | ||
| 2007 | 353.00M | -1.7% | ||
| 2006 | 359.06M | -7.2% | ||
| 2005 | 386.92M | -9.2% | ||
| 2004 | 426.00M | +6.8% | ||
| 2003 | 398.96M | +5.9% | ||
| 2002 | 376.79M | -4.0% | ||
| 2001 | 392.50M | +10.7% | ||
| 2000 | 354.48M | -4.4% | ||
| 1999 | 370.71M | +2.6% | ||
| 1998 | 361.31M | -11.7% | ||
| 1997 | 409.14M | -0.8% | ||
| 1996 | 412.63M | -2.7% | ||
| 1995 | 424.28M | -1.3% | ||
| 1994 | 429.82M | -0.0% | ||
| 1993 | 429.91M | +1.6% | ||
| 1992 | 423.14M | +1.2% | ||
| 1991 | 418.21M | -1.2% | ||
| 1990 | 423.43M | +0.6% | ||
| 1989 | 420.79M | +4.2% | ||
| 1988 | 404.00M | +7.1% | ||
| 1987 | 377.05M | +6.0% | ||
| 1986 | 355.77M | +8.8% | ||
| 1985 | 326.98M | — |
Shares Outstanding 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
2025's annual diluted shares outstanding for PG&E (PCG) came in at 2.20B – edged up 2.6% year-over-year.
PG&E diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is +11.9%, sustaining 18 straight years of year-over-year growth.
Across the available history, diluted shares outstanding reached its high of 2.20B in 2025 and its low of 326.98M in 1985.
Within Utilities, PG&E (PCG) ranks 1st among 8 peers we track. The peer median for diluted shares outstanding is 714.85M.
PG&E Shares Outstanding by Year
PG&E Shares Outstanding 2025: 2.20B
PG&E diluted shares outstanding in 2025 was 2.20B, edged up 2.6% from 2024. This figure represents the highest annual value in the available history.
PG&E Shares Outstanding 2024: 2.15B
PG&E diluted shares outstanding in 2024 was 2.15B, edged up 0.4% from 2023.
PG&E Shares Outstanding 2023: 2.14B
PG&E diluted shares outstanding in 2023 was 2.14B, edged up 0.3% from 2022.
PG&E Shares Outstanding 2022: 2.13B
PG&E diluted shares outstanding in 2022 was 2.13B, grew 7.4% from 2021.
PG&E Shares Outstanding 2021: 1.99B
PG&E diluted shares outstanding in 2021 was 1.99B.
See more financial history for PG&E (PCG).
Sector peers — Shares Outstanding
Companies in the same sector as PG&E, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | 2.09B | Utilities |
| The Southern Company (SO) | 1.11B | Utilities |
| Dominion Energy, Inc. (D) | 855.30M | Utilities |
| Duke Energy Corporation (DUK) | 777.00M | Utilities |
| Sempra (SRE) | 652.70M | Utilities |
| American Electric Power Company, Inc. (AEP) | 520.21M | Utilities |
| Constellation Energy Corporation (CEG) | 314.00M | Utilities |
| GE Vernova Inc. (GEV) | 276.00M | Utilities |
Frequently asked questions
What is PG&E's diluted shares outstanding?
- Latest reported diluted shares outstanding for PG&E (PCG) is 2.28B (period ending March 31, 2026).
How has PG&E diluted shares outstanding changed year-over-year?
- PG&E (PCG) diluted shares outstanding changed +2.6% year-over-year on the latest annual filing.
What is the long-term growth rate of PG&E diluted shares outstanding?
- PG&E (PCG) diluted shares outstanding compound annual growth rate is +11.9% over the most recent 5 years available.
When did PG&E diluted shares outstanding hit its highest annual value?
- PG&E diluted shares outstanding reached its highest annual value of 2.20B in 2025.
What was PG&E diluted shares outstanding in 2024?
- PG&E (PCG) diluted shares outstanding in 2024 was 2.15B.
What was PG&E diluted shares outstanding in 2025?
- PG&E (PCG) diluted shares outstanding in 2025 was 2.20B.
Metrics overview
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