OverviewSuggest Edit

PG&E Corporation (also known as Pacific Gas and Electric) is a company engaged in the sale and delivery of electricity and natural gas. It provides public utility services as well as services related to the generation of energy, transmission of electricity and natural gas, generation of electricity, and distribution of energy.

TypePublic
Founded1905
HQSan Francisco, CA, US
Websitepgecorp.com
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)24,000(+5%)
Job Openings244
Revenue (FY, 2020)$18.5 B(+8%)
Share Price (Jul 2021)$9.3(-1%)
Cybersecurity ratingAMore

Key People/Management at PG&E

Patricia K. Poppe

Patricia K. Poppe

CEO, PG&E Corporation; Director, Pacific Gas and Electric Company
Julius Cox

Julius Cox

Executive Vice President, People, Shared Services and Supply Chain
Laurie M. Giammona

Laurie M. Giammona

Senior Vice President and Chief Customer Officer
Rajat Bahri

Rajat Bahri

Director
Deborah W. Powell

Deborah W. Powell

Interim Head of Electric Operations
Adam L. Wright

Adam L. Wright

Executive Vice President, Operations and Chief Operating Officer
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PG&E Office Locations

PG&E has offices in San Francisco, Concord and San Ramon
San Francisco, CA, US (HQ)
Pacific Gas & Electric Building, 77 Beale St
Concord, CA, US
2395 Monument Blvd
San Francisco, CA, US
One Market Plaza, San Francisco
San Ramon, CA, US
3400 Crow Canyon Rd
Show all (4)

PG&E Financials and Metrics

PG&E Revenue

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PG&E's revenue was reported to be $18.47 b in FY, 2020 which is a 7.8% increase from the previous period.
USD

Revenue (Q1, 2021)

4.7b

Gross profit (Q1, 2021)

3.8b

Gross profit margin (Q1, 2021), %

81%

Net income (Q1, 2021)

123.0m

EBIT (Q1, 2021)

304.0m

Market capitalization (22-Jul-2021)

18.8b

Closing stock price (22-Jul-2021)

9.3

Cash (31-Mar-2021)

229.0m

EV

61.3b
PG&E's current market capitalization is $18.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

16.8b17.1b18.5b

Revenue growth, %

(2%)2%8%

Cost of goods sold

4.5b3.8b3.9b

Gross profit

12.3b13.3b14.6b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

4.0b3.9b4.4b4.3b4.5b4.9b4.7b

Cost of goods sold

938.0m945.0m1.1b829.0m893.0m1.2b897.0m

Gross profit

3.1b3.0b3.3b3.5b3.6b3.7b3.8b

Gross profit Margin, %

77%76%74%81%80%75%81%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

1.7b1.6b484.0m

Accounts Receivable

1.1b1.3b1.9b

Inventories

554.0m647.0m95.0m

Current Assets

9.2b10.2b9.6b
Quarterly
USDQ1, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

144.0m3.0b3.5b3.0b2.0b968.0m464.0m229.0m

Accounts Receivable

1.2b1.3b1.3b1.4b1.3b1.4b1.8b1.8b

Inventories

453.0m536.0m608.0m635.0m644.0m653.0m94.0m17.0m

Current Assets

5.9b10.7b11.6b11.6b10.6b25.0b9.8b9.1b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(6.8b)(7.6b)(1.3b)

Depreciation and Amortization

3.0b3.2b3.5b

Inventories

(73.0m)(80.0m)6.0m

Accounts Payable

409.0m516.0m58.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

136.0m(2.4b)(4.0b)374.0m(1.6b)(1.5b)123.0m

Depreciation and Amortization

797.0m1.6b2.4b855.0m1.7b2.6b888.0m

Inventories

18.0m(41.0m)(68.0m)3.0m(19.0m)(12.0m)14.0m

Accounts Payable

(180.0m)159.0m371.0m245.0m722.0m465.0m143.0m
USDQ1, 2018

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

3.4 x
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PG&E Operating Metrics

FY, 2018FY, 2019FY, 2020

Customers (Electricity)

5.43 m5.46 m5.5 m

Customers (Natural Gas)

4.5 m4.52 m4.55 m

Distribution Gas Purchases, MMCF

219.06 k227.62 k226.75 k

Electric Energy Delivered, kWh

79.77 b78.07 b78.5 b
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PG&E Acquisitions / Subsidiaries

Company NameDateDeal Size
True QuoteApril 25, 2000
Valero EnergyFebruary 01, 1997
Pacific Gas and Electric Company

PG&E Revenue Breakdown

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PG&E revenue breakdown by business segment: 75.0% from Electric and 25.0% from Natural gas

Human Capital Metrics

Source: www.sec.gov
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PG&E Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

SecurityScorecard logo

PG&E Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

PG&E Online and Social Media Presence

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PG&E Company Culture

  • Overall Culture

    B

    80/100

  • CEO Rating

    A

    83/100

  • Compensation

    A+

    93/100

Learn more on Comparably

PG&E News and Updates

Here's all the ways California's PG&E is trying to fight its massive wildfire problem

California's largest utility company has been blamed for half of the state's most destructive fires since 2015. Now it has a plan to reduce the risk of sparks.

PG&E Commissions Microgrid Near Yosemite National Park

A microgrid designed and built by BoxPower is serving PG&E customers in a remote area near Yosemite National Park.

PG&E stock gains after deal to sell San Francisco headquarters for $800 million

Shares of PG&E Corp. rose 0.9% in premarket trading Monday, after the California-based utility announced an agreement to sell its San Francisco headquarters complex for $800 million to Hines Atlas U.S. LP. The utility said it proposing to distribute $390 million to $420 million in proceeds from…

PG&E to Sell San Francisco Headquarters for $800 Million

PG&E to Sell San Francisco Headquarters for $800 Million

PG&E to sell S.F. complex as headquarters move to Oakland

PG&E to sell S.F. complex as headquarters move to Oakland
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PG&E Frequently Asked Questions

  • When was PG&E founded?

    PG&E was founded in 1905.

  • Who are PG&E key executives?

    PG&E's key executives are Patricia K. Poppe, Julius Cox and Laurie M. Giammona.

  • How many employees does PG&E have?

    PG&E has 24,000 employees.

  • What is PG&E revenue?

    Latest PG&E annual revenue is $18.5 b.

  • What is PG&E revenue per employee?

    Latest PG&E revenue per employee is $769.5 k.

  • Who are PG&E competitors?

    Competitors of PG&E include FirstEnergy, American Electric Power and Southern Company.

  • Where is PG&E headquarters?

    PG&E headquarters is located at Pacific Gas & Electric Building, 77 Beale St, San Francisco.

  • Where are PG&E offices?

    PG&E has offices in San Francisco, Concord and San Ramon.

  • How many offices does PG&E have?

    PG&E has 4 offices.