50/100B12.975
USD
-0.24
(-1.78%)
Post Trading·12.960USD-0.015(-0.12%)
Last updated: · Delayed 15 min
Fair valueNot reliable
Q4 FY2026 · Earnings report
EPS estimate 0.40Revenue estimate 6.90B
Q4 FY2026 · Earnings report
EPS estimate 0.40Revenue estimate 6.90B
PG&E return on equity (ROE)
PG&E's return on equity is 8.94%: net income of 3.09B USD over the last twelve months on shareholders' equity of 34.57B USD.
- Today
- 8.94%
- Average, 5 years
- 7.41%
- Low, 5 years
- -0.42%
- High, 5 years
- 10.29%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 3.09B ÷ 34.57B = 8.94%
ROE (return on equity)
Net income
Shareholders' equity
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
Why is PG&E's return on equity so high?
Net margin
10.8%
profit on each dollar of sales
×
Asset turnover
0.18×
sales on each dollar of assets
×
Equity multiplier
4.35×
assets on each dollar of equity
=
Return on equity
8.3%
FY2025
- FY202510.8% × 0.18 × 4.35 = 8.3%
- FY202410.3% × 0.18 × 4.43 = 8.3%
- FY20239.2% × 0.19 × 5.02 = 9.0%
- FY20228.4% × 0.18 × 5.20 = 7.9%
- FY2021-0.4% × 0.20 × 4.93 = -0.4%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 8.94% | 3.09B | 34.57B | |
| FY2025 | 31 Dec 2025 | 8.31% | 2.70B | 32.54B |
| FY2024 | 31 Dec 2024 | 8.33% | 2.51B | 30.15B |
| FY2023 | 31 Dec 2023 | 9.01% | 2.26B | 25.04B |
| FY2022 | 31 Dec 2022 | 7.95% | 1.81B | 22.82B |
| FY2021 | 31 Dec 2021 | -0.42% | -88.00M | 20.97B |
| FY2020 | 31 Dec 2020 | -6.21% | -1.30B | 21.00B |
| FY2019 | 31 Dec 2019 | -148.79% | -7.64B | 5.14B |
| FY2018 | 31 Dec 2018 | -54.04% | -6.84B | 12.65B |
| FY2017 | 31 Dec 2017 | 8.64% | 1.66B | 19.22B |
| FY2016 | 31 Dec 2016 | 7.84% | 1.41B | 17.94B |
| FY2015 | 31 Dec 2015 | 5.36% | 888.00M | 16.58B |
| FY2014 | 31 Dec 2014 | 9.21% | 1.45B | 15.75B |
| FY2013 | 31 Dec 2013 | 5.77% | 828.00M | 14.34B |
| FY2012 | 31 Dec 2012 | 6.35% | 830.00M | 13.07B |
| FY2011 | 31 Dec 2011 | 7.09% | 858.00M | 12.10B |
| FY2010 | 31 Dec 2010 | 9.79% | 1.11B | 11.28B |
| FY2009 | 31 Dec 2009 | 11.69% | 1.21B | 10.33B |
| FY2008 | 31 Dec 2008 | 11.88% | 1.14B | 9.63B |
| FY2007 | 31 Dec 2007 | 11.46% | 980.00M | 8.55B |
| FY2006 | 31 Dec 2006 | 6.80% | 531.00M | 7.81B |
| FY2005 | 31 Dec 2005 | 12.21% | 881.00M | 7.22B |
| FY2004 | 31 Dec 2004 | 44.25% | 3.82B | 8.63B |
| FY2003 | 31 Dec 2003 | 18.77% | 791.00M | 4.22B |
| FY2002 | 31 Dec 2002 | 30.42% | 1.10B | 3.61B |
| FY2001 | 31 Dec 2001 | 25.43% | 1.10B | 4.32B |
| FY2000 | 31 Dec 2000 | -106.05% | -3.36B | 3.17B |
| FY1999 | 31 Dec 1999 | -1.11% | -85.00M | 7.67B |
| FY1998 | 31 Dec 1998 | 8.13% | 719.00M | 8.85B |
| FY1997 | 31 Dec 1997 | 7.35% | 716.00M | 9.74B |
| FY1996 | 31 Dec 1996 | 8.21% | 755.20M | 9.20B |
| FY1995 | 31 Dec 1995 | 14.19% | 1.34B | 9.44B |
| FY1994 | 31 Dec 1994 | — | 1.01B | — |
| FY1993 | 31 Dec 1993 | — | 1.07B | — |
| FY1992 | 31 Dec 1992 | — | 1.17B | — |
| FY1991 | 31 Dec 1991 | — | 1.03B | — |
| FY1990 | 31 Dec 1990 | — | 987.20M | — |
| FY1989 | 31 Dec 1989 | — | 900.60M | — |
| FY1988 | 31 Dec 1988 | — | 62.10M | — |
| FY1987 | 31 Dec 1987 | — | 597.20M | — |
| FY1986 | 31 Dec 1986 | — | 1.08B | — |
| FY1985 | 31 Dec 1985 | — | 1.03B | — |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 8.94% | 3.09B | 34.57B |
| Q2 FY2026 | 30 Jun 2026 | 9.34% | 3.17B | 33.90B |
| Q1 FY2026 | 31 Mar 2026 | 8.88% | 2.95B | 33.25B |
| Q4 FY2025 | 31 Dec 2025 | 8.31% | 2.70B | 32.54B |
| Q3 FY2025 | 30 Sept 2025 | 8.47% | 2.71B | 31.98B |
| Q2 FY2025 | 30 Jun 2025 | 7.81% | 2.44B | 31.19B |
| Q1 FY2025 | 31 Mar 2025 | 7.86% | 2.41B | 30.69B |
| Q4 FY2024 | 31 Dec 2024 | 8.33% | 2.51B | 30.15B |
| Q3 FY2024 | 30 Sept 2024 | 10.29% | 2.76B | 26.83B |
| Q2 FY2024 | 30 Jun 2024 | 9.65% | 2.53B | 26.25B |
| Q1 FY2024 | 31 Mar 2024 | 9.40% | 2.42B | 25.73B |
| Q4 FY2023 | 31 Dec 2023 | 9.01% | 2.26B | 25.04B |
| Q3 FY2023 | 30 Sept 2023 | 7.67% | 1.85B | 24.13B |
| Q2 FY2023 | 30 Jun 2023 | 8.24% | 1.96B | 23.76B |
| Q1 FY2023 | 31 Mar 2023 | 8.18% | 1.91B | 23.33B |
| Q4 FY2022 | 31 Dec 2022 | 7.95% | 1.81B | 22.82B |
| Q3 FY2022 | 30 Sept 2022 | 7.97% | 1.77B | 22.23B |
| Q2 FY2022 | 30 Jun 2022 | 1.04% | 226.00M | 21.77B |
| Q1 FY2022 | 31 Mar 2022 | 1.25% | 267.00M | 21.39B |
| Q4 FY2021 | 31 Dec 2021 | -0.42% | -88.00M | 20.97B |
| Q3 FY2021 | 30 Sept 2021 | -1.76% | -360.00M | 20.48B |
| Q2 FY2021 | 30 Jun 2021 | 3.78% | 814.00M | 21.55B |
| Q1 FY2021 | 31 Mar 2021 | -7.36% | -1.56B | 21.13B |
| Q4 FY2020 | 31 Dec 2020 | -6.21% | -1.30B | 21.00B |
| Q3 FY2020 | 30 Sept 2020 | -24.61% | -5.12B | 20.81B |
| Q2 FY2020 | 30 Jun 2020 | -192.25% | -6.82B | 3.55B |
| Q1 FY2020 | 31 Mar 2020 | -134.45% | -7.40B | 5.51B |
| Q4 FY2019 | 31 Dec 2019 | -148.79% | -7.64B | 5.14B |
| Q3 FY2019 | 30 Sept 2019 | -124.71% | -10.90B | 8.74B |
| Q2 FY2019 | 30 Jun 2019 | -84.27% | -8.72B | 10.34B |
| Q1 FY2019 | 31 Mar 2019 | -55.49% | -7.15B | 12.88B |
| Q4 FY2018 | 31 Dec 2018 | -54.04% | -6.84B | 12.65B |
| Q3 FY2018 | 30 Sept 2018 | 0.77% | 150.00M | 19.44B |
| Q2 FY2018 | 30 Jun 2018 | 0.72% | 136.00M | 18.81B |
| Q1 FY2018 | 31 Mar 2018 | 7.73% | 1.53B | 19.73B |
| Q4 FY2017 | 31 Dec 2017 | 8.64% | 1.66B | 19.22B |
| Q3 FY2017 | 30 Sept 2017 | 11.76% | 2.24B | 19.03B |
| Q2 FY2017 | 30 Jun 2017 | 11.14% | 2.08B | 18.64B |
| Q1 FY2017 | 31 Mar 2017 | 10.22% | 1.88B | 18.35B |
| Q4 FY2016 | 31 Dec 2016 | 7.84% | 1.41B | 17.94B |
| Q3 FY2016 | 30 Sept 2016 | 4.89% | 849.00M | 17.35B |
| Q2 FY2016 | 30 Jun 2016 | 4.59% | 768.00M | 16.75B |
| Q1 FY2016 | 31 Mar 2016 | 5.80% | 964.00M | 16.61B |
| Q4 FY2015 | 31 Dec 2015 | 5.36% | 888.00M | 16.58B |
| Q3 FY2015 | 30 Sept 2015 | 5.34% | 885.00M | 16.57B |
| Q2 FY2015 | 30 Jun 2015 | 8.67% | 1.39B | 16.02B |
| Q1 FY2015 | 31 Mar 2015 | 7.96% | 1.25B | 15.70B |
| Q4 FY2014 | 31 Dec 2014 | 9.18% | 1.45B | 15.75B |
| Q3 FY2014 | 30 Sept 2014 | 8.79% | 1.39B | 15.78B |
| Q2 FY2014 | 30 Jun 2014 | 4.90% | 737.00M | 15.03B |
| Q1 FY2014 | 31 Mar 2014 | 5.46% | 802.00M | 14.68B |
| Q4 FY2013 | 31 Dec 2013 | 5.68% | 814.00M | 14.34B |
| Q3 FY2013 | 30 Sept 2013 | 5.10% | 715.00M | 14.01B |
| Q2 FY2013 | 30 Jun 2013 | 6.60% | 915.00M | 13.87B |
| Q1 FY2013 | 31 Mar 2013 | 6.06% | 822.00M | 13.57B |
| Q4 FY2012 | 31 Dec 2012 | 6.20% | 811.00M | 13.07B |
| Q3 FY2012 | 30 Sept 2012 | 6.91% | 907.00M | 13.13B |
| Q2 FY2012 | 30 Jun 2012 | 5.83% | 746.00M | 12.80B |
| Q1 FY2012 | 31 Mar 2012 | 6.95% | 873.00M | 12.56B |
| Q4 FY2011 | 31 Dec 2011 | 6.97% | 844.00M | 12.10B |
| Q3 FY2011 | 30 Sept 2011 | 8.57% | 1.03B | 11.96B |
| Q2 FY2011 | 30 Jun 2011 | 9.19% | 1.08B | 11.79B |
| Q1 FY2011 | 31 Mar 2011 | 8.92% | 1.05B | 11.81B |
| Q4 FY2010 | 31 Dec 2010 | 9.89% | 1.12B | 11.28B |
| Q3 FY2010 | 30 Sept 2010 | 10.33% | 1.14B | 11.02B |
| Q2 FY2010 | 30 Jun 2010 | 11.03% | 1.20B | 10.87B |
| Q1 FY2010 | 31 Mar 2010 | 12.09% | 1.25B | 10.37B |
| Q4 FY2009 | 31 Dec 2009 | 11.89% | 1.23B | 10.33B |
| Q3 FY2009 | 30 Sept 2009 | 14.46% | 1.47B | 10.16B |
| Q2 FY2009 | 30 Jun 2009 | 14.60% | 1.45B | 9.95B |
| Q1 FY2009 | 31 Mar 2009 | 14.08% | 1.35B | 9.61B |
| Q4 FY2008 | 31 Dec 2008 | 14.30% | 1.34B | 9.38B |
| Q3 FY2008 | 30 Sept 2008 | 11.07% | 1.01B | 9.14B |
| Q2 FY2008 | 30 Jun 2008 | 11.08% | 986.00M | 8.90B |
| Q1 FY2008 | 31 Mar 2008 | 11.01% | 957.00M | 8.69B |
| Q4 FY2007 | 31 Dec 2007 | 11.59% | 991.00M | 8.55B |
| Q3 FY2007 | 30 Sept 2007 | 11.37% | 955.00M | 8.40B |
| Q2 FY2007 | 30 Jun 2007 | 13.06% | 1.07B | 8.20B |
| Q1 FY2007 | 31 Mar 2007 | 13.01% | 1.04B | 7.98B |
| Q4 FY2006 | 31 Dec 2006 | 12.73% | 994.00M | 7.81B |
| Q3 FY2006 | 30 Sept 2006 | 13.17% | 1.02B | 7.76B |
| Q2 FY2006 | 30 Jun 2006 | 11.63% | 868.00M | 7.46B |
| Q1 FY2006 | 31 Mar 2006 | 11.87% | 903.00M | 7.61B |
| Q4 FY2005 | 31 Dec 2005 | 12.52% | 904.00M | 7.22B |
| Q3 FY2005 | 30 Sept 2005 | 19.37% | 1.60B | 8.24B |
| Q2 FY2005 | 30 Jun 2005 | 19.64% | 1.58B | 8.06B |
| Q1 FY2005 | 31 Mar 2005 | 21.60% | 1.69B | 7.82B |
| Q4 FY2004 | 31 Dec 2004 | 52.17% | 4.50B | 8.63B |
| Q3 FY2004 | 30 Sept 2004 | 45.48% | 4.04B | 8.89B |
| Q2 FY2004 | 30 Jun 2004 | 50.02% | 4.32B | 8.64B |
| Q1 FY2004 | 31 Mar 2004 | 50.74% | 4.18B | 8.23B |
| Q4 FY2003 | 31 Dec 2003 | 18.77% | 791.00M | 4.22B |
| Q3 FY2003 | 30 Sept 2003 | -36.29% | -1.81B | 4.98B |
| Q2 FY2003 | 30 Jun 2003 | -59.08% | -2.07B | 3.50B |
| Q1 FY2003 | 31 Mar 2003 | -56.54% | -1.86B | 3.29B |
| Q4 FY2002 | 31 Dec 2002 | -24.19% | -874.00M | 3.61B |
| Q3 FY2002 | 30 Sept 2002 | 32.68% | 1.84B | 5.64B |
| Q2 FY2002 | 30 Jun 2002 | 45.45% | 2.37B | 5.20B |
| Q1 FY2002 | 31 Mar 2002 | 54.66% | 2.68B | 4.91B |
| Q4 FY2001 | 31 Dec 2001 | 25.43% | 1.10B | 4.32B |
| Q3 FY2001 | 30 Sept 2001 | -95.84% | -3.55B | 3.70B |
| Q2 FY2001 | 30 Jun 2001 | -142.76% | -4.09B | 2.87B |
| Q1 FY2001 | 31 Mar 2001 | -241.08% | -4.60B | 1.91B |
| Q4 FY2000 | 31 Dec 2000 | -106.05% | -3.36B | 3.17B |
| Q3 FY2000 | 30 Sept 2000 | 1.82% | 149.00M | 8.17B |
| Q2 FY2000 | 30 Jun 2000 | 1.33% | 107.00M | 8.02B |
| Q1 FY2000 | 31 Mar 2000 | 0.50% | 39.00M | 7.87B |
| Q4 FY1999 | 31 Dec 1999 | -1.11% | -85.00M | 7.67B |
| Q3 FY1999 | 30 Sept 1999 | 8.36% | 715.00M | 8.55B |
| Q2 FY1999 | 30 Jun 1999 | 8.73% | 742.00M | 8.50B |
| Q1 FY1999 | 31 Mar 1999 | 8.75% | 736.00M | 8.41B |
| Q4 FY1998 | 31 Dec 1998 | 8.13% | 719.00M | 8.85B |
| Q3 FY1998 | 30 Sept 1998 | 7.06% | 616.90M | 8.74B |
| Q2 FY1998 | 30 Jun 1998 | 7.63% | 663.60M | 8.70B |
| Q1 FY1998 | 31 Mar 1998 | 7.91% | 682.50M | 8.63B |
| Q4 FY1997 | 31 Dec 1997 | 7.35% | 716.00M | 9.74B |
| Q3 FY1997 | 30 Sept 1997 | 7.83% | 771.50M | 9.85B |
| Q2 FY1997 | 30 Jun 1997 | 8.16% | 740.30M | 9.08B |
| Q1 FY1997 | 31 Mar 1997 | 7.13% | 659.20M | 9.25B |
| Q4 FY1996 | 31 Dec 1996 | 8.12% | 746.90M | 9.20B |
| Q3 FY1996 | 30 Sept 1996 | — | 825.00M | — |
| Q2 FY1996 | 30 Jun 1996 | — | 977.20M | — |
| Q1 FY1996 | 31 Mar 1996 | — | 1.27B | — |
| Q4 FY1995 | 31 Dec 1995 | 14.19% | 1.34B | 9.44B |
| Q3 FY1995 | 30 Sept 1995 | — | 1.22B | — |
| Q2 FY1995 | 30 Jun 1995 | — | 1.26B | — |
| Q1 FY1995 | 31 Mar 1995 | 11.51% | 1.10B | 9.55B |
| Q4 FY1994 | 31 Dec 1994 | — | 1.01B | — |
| Q3 FY1994 | 30 Sept 1994 | — | 1.11B | — |
| Q2 FY1994 | 30 Jun 1994 | — | 1.04B | — |
| Q1 FY1994 | 31 Mar 1994 | — | 1.05B | — |
| Q4 FY1993 | 31 Dec 1993 | — | 1.07B | — |
| Q3 FY1993 | 30 Sept 1993 | — | 1.06B | — |
| Q2 FY1993 | 30 Jun 1993 | — | 1.06B | — |
| Q1 FY1993 | 31 Mar 1993 | — | 1.15B | — |
| Q4 FY1992 | 31 Dec 1992 | — | 1.17B | — |
| Q3 FY1992 | 30 Sept 1992 | — | 1.21B | — |
| Q2 FY1992 | 30 Jun 1992 | — | 1.19B | — |
| Q1 FY1992 | 31 Mar 1992 | — | 1.16B | — |
| Q4 FY1991 | 31 Dec 1991 | — | 1.03B | — |
| Q3 FY1991 | 30 Sept 1991 | — | 995.90M | — |
| Q2 FY1991 | 30 Jun 1991 | — | 1.06B | — |
| Q1 FY1991 | 31 Mar 1991 | — | 916.20M | — |
| Q4 FY1990 | 31 Dec 1990 | — | 987.20M | — |
| Q3 FY1990 | 30 Sept 1990 | — | 873.80M | — |
| Q2 FY1990 | 30 Jun 1990 | — | 796.60M | — |
| Q1 FY1990 | 31 Mar 1990 | — | 866.60M | — |
| Q4 FY1989 | 31 Dec 1989 | — | 900.60M | — |
| Q3 FY1989 | 30 Sept 1989 | — | 335.90M | — |
| Q2 FY1989 | 30 Jun 1989 | — | 259.50M | — |
| Q1 FY1989 | 31 Mar 1989 | — | 169.80M | — |
| Q4 FY1988 | 31 Dec 1988 | — | 62.10M | — |
| Q3 FY1988 | 30 Sept 1988 | — | 672.70M | — |
| Q2 FY1988 | 30 Jun 1988 | — | 636.60M | — |
| Q1 FY1988 | 31 Mar 1988 | — | 643.60M | — |
| Q4 FY1987 | 31 Dec 1987 | — | 597.20M | — |
| Q3 FY1987 | 30 Sept 1987 | — | 684.30M | — |
| Q2 FY1987 | 30 Jun 1987 | — | 779.40M | — |
| Q1 FY1987 | 31 Mar 1987 | — | 891.20M | — |
| Q4 FY1986 | 31 Dec 1986 | — | 1.08B | — |
| Q3 FY1986 | 30 Sept 1986 | — | 1.08B | — |
| Q2 FY1986 | 30 Jun 1986 | — | 1.06B | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | — | — | — |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios
Common questions about PG&E's ROE
Source: Financial Modeling Prep