PG&E

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, USMap
Websitepgecorp.com
Overall CultureBMore
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Latest Updates

Employees (est.) (Dec 2019)23,000(-4%)
Revenue (FY, 2020)$18.5 B(+8%)
Share Price (Feb 2021)$10.9 (-4%)
Cybersecurity ratingAMore

Key People/Management at PG&E

William L. Smith

William L. Smith

Interim CEO, PG&E Corporation & Director
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
John R. Simon

John R. Simon

Executive Vice President, Law, Strategy and Policy, PG&E Corporation
Laurie M. Giammona

Laurie M. Giammona

Senior Vice President and Chief Customer Officer
Rajat Bahri

Rajat Bahri

Director
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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

PG&E's revenue was reported to be $18.47 b in FY, 2020
USD

Revenue (FY, 2020)

18.5b

Net income (FY, 2020)

(1.3b)

EBIT (FY, 2020)

1.8b

Market capitalization (25-Feb-2021)

21.6b

Closing stock price (25-Feb-2021)

10.9

Cash (31-Dec-2020)

484.0m

EV

65.9b
PG&E's current market capitalization is $21.6 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

17.7b17.1b16.8b17.1b18.5b

Revenue growth, %

5%(3%)(2%)2%

Cost of goods sold

5.4b5.1b4.5b3.8b

Gross profit

12.3b12.1b12.3b13.3b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

4.3b4.3b4.5b4.1b4.2b4.4b4.0b3.9b4.4b4.3b3.4b3.8b

Cost of goods sold

1.2b1.2b1.5b1.1b1.0b1.3b938.0m945.0m1.1b759.0m1.1b

Gross profit

3.1b3.0b3.0b2.9b3.2b3.1b3.1b3.0b3.3b2.7b2.7b

Gross profit Margin, %

73%71%66%73%75%70%77%76%74%78%71%
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Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

177.0m449.0m1.7b1.6b484.0m

Accounts Receivable

1.3b1.2b1.1b1.3b1.9b

Inventories

463.0m481.0m554.0m647.0m95.0m

Current Assets

6.2b6.3b9.2b10.2b9.6b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

164.0m178.0m191.0m144.0m517.0m430.0m3.0b3.5b3.0b2.0b968.0m464.0m

Accounts Receivable

1.2b1.2b1.4b1.2b1.2b1.3b1.3b1.3b1.4b1.3b1.4b1.8b

Inventories

465.0m501.0m498.0m453.0m487.0m505.0m536.0m608.0m635.0m77.0m89.0m94.0m

Current Assets

6.0b6.1b6.4b5.9b6.4b6.3b10.7b11.6b11.6b10.6b25.0b9.8b
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Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.4b1.7b(6.8b)(7.6b)(1.3b)

Depreciation and Amortization

2.8b2.9b3.0b3.2b

Inventories

(24.0m)(18.0m)(73.0m)(80.0m)6.0m

Accounts Payable

180.0m173.0m409.0m516.0m58.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

579.0m989.0m1.5b445.0m(535.0m)32.0m136.0m(2.4b)(4.0b)374.0m(1.6b)(1.5b)

Depreciation and Amortization

712.0m1.4b2.1b752.0m1.5b2.3b797.0m1.6b2.4b

Inventories

(2.0m)(38.0m)(35.0m)28.0m(6.0m)(24.0m)18.0m(41.0m)(68.0m)3.0m(19.0m)(12.0m)

Accounts Payable

(13.0m)19.0m76.0m24.0m39.0m245.0m(180.0m)159.0m371.0m245.0m722.0m465.0m
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USDFY, 2016

Revenue/Employee

736.1k

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.8 x
Show all financial metrics

PG&E Operating Metrics

PG&E's Customers was reported to be 5.5 m in FY, 2019.
FY, 2016FY, 2017FY, 2018FY, 2019

Customers

4.44 m4.47 m4.50 m5.46 m

Distribution Gas Purchases, MMCF

208.26 k234.18 k219.06 k227.62 k

Electric Energy Delivered, kWh

83.02 b82.23 b79.77 b78.07 b

Generation Facilities Owned

137 136 135 135
Show all operating metrics

PG&E Acquisitions / Subsidiaries

Company NameDateDeal Size
True QuoteApril 25, 2000
Valero EnergyFebruary 01, 1997

PG&E Revenue Breakdown

Embed Graph

PG&E revenue breakdown by business segment: 25.6% from Natural gas and 74.4% from Electric

PG&E Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

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

CSRHub ESG ratingPremium dataset

50-59

out of 100

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PG&E Online and Social Media Presence

PG&E's Trends

Embed Graph

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

December 29, 2020

PG&E Judge Proposes Stricter Probation After Wildfires

PG&E Judge Proposes Stricter Probation Terms After Wildfires
November 18, 2020

CMS Energy CEO Poppe to step down, to become CEO at PG&E

CMS Energy Corp. said Chief Executive Patricia Poppe is leaving the company effective Dec. 1, after four years in the role, to take the CEO role at PG&E Corp. , effective Jan. 4. CMS said Garrick Rochow, currently executive vice president of operations at the Michigan-based electric and natural…
November 16, 2020

Dan Loeb makes new bets on Pinterest, Palantir and PG&E — Here are the highlights

Third Point released its positions from the end of the third quarter, showing a fund with more than $9.9 billion in equity positions.
October 31, 2020

PG&E should be fined $166M for botched power shut-offs, watchdog says

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October 31, 2020

PG&E May Face $166 Million Penalty for Mismanaging Blackouts

PG&E Should Pay $166 Million Penalty for Blackouts, Agency Says
October 14, 2020

PG&E May Cut Power to 162,000 Californians for Days

PG&E May Cut Power to 162,000 Californians for Days
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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 William L. Smith, Patricia K. Poppe and Julius Cox.

  • How many employees does PG&E have?

    PG&E has 23,000 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 $803 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.