Company / Operating Margin
PG&E Corporation Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
19.1%
FY2025
5-year range
-58.9% / 19.1%
FY2021-FY2025
Trend
+4.3%
vs FY2024
Sector context
#41 of 61
Utilities
What the data says
At 19.1%, PG&E Corporation's operating margin ranks #41 of 61 in the Utilities sector. Operating Margin has fluctuated over the past 10 years, ranging from -58.9% in FY2021 to 19.1% in FY2025.
Based on SEC 10-K filings.
19.1% in FY2025 with a 5-year CAGR of +76.9%.
Improved from 9.1% to 19.1% over the past 2 years.
Utilities sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +9.6pp
- 5-Year Change
- +76.9pp
- 10-Year Change
- -
Sector benchmark
#41 of 61 in UtilitiesTop 67% of 61This company 19.1% Sector average 21.7%
▼
-12.0% below sector average
Key checks
Key Insights
- In FY2025, operating margin increased 4.3% year-over-year.
- Currently 2.6pp below the Utilities sector average.
- Lowest operating margin in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.40 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 19.1% | +4.3% |
| FY2024 | 18.3% | +100.2% |
| FY2023 | 9.1% | -4.0% |
| FY2022 | 9.5% | +116.1% |
| FY2021 | -58.9% | -1.8% |
| FY2020 | -57.9% | -441.5% |
| FY2019 | 17.0% | +129.3% |
| FY2018 | -57.9% | -441.5% |
| FY2017 | 17.0% | +44.0% |
| FY2016 | 11.8% | +31.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026