PG&E Corporation (PCG) vs Xcel Energy Inc. (XEL)

PCG leads on 9 of 14 compared metrics.

A side-by-side comparison of PG&E Corporation and Xcel Energy Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — PCG vs XEL

growth of $100 · last 30y
PCG -23.4%XEL +234.4%XEL compounded faster
0100200300Start $100200120062011201620212026$77$334
PCG XEL

PCG vs XEL: by the numbers

  • XEL is the larger company ($49.33B vs $37.83B market cap).
  • PCG trades at the lower earnings multiple (13.32 vs 22.75 P/E).
  • XEL converts more revenue to profit (14.14% vs 11.43% net margin).
  • PCG grew revenue faster over the past five years (6.47% vs 3.82% CAGR).
  • XEL pays the higher dividend yield (2.98% vs 1.17%).

Which is better, PCG or XEL?

Metric tally: PCG 9 · XEL 5

It depends on what you're optimizing for:

ValuePCG(lower P/E)
GrowthPCG(faster 5Y revenue CAGR)
IncomeXEL(higher dividend yield)

Metrics side by side

Valuation

MetricPCGXEL
P/E ratio13.3222.75
Forward P/E10.3519.36
P/S ratio1.513.37
P/B ratio1.172.09
PEG ratio7.905.42
EV / EBITDA10.4214.81

Profitability

MetricPCGXEL
Gross margin19.59%18.91%
Operating margin19.35%19.85%
Net margin11.43%14.14%
ROE8.88%8.78%
ROIC3.79%3.77%

Dividends

MetricPCGXEL
Dividend yield1.17%2.98%
Payout ratio16.95%68.90%

Growth (annualized)

MetricPCGXEL
Revenue CAGR (5Y)6.47%3.82%
EPS CAGR (5Y)-11.76%4.20%
FCF CAGR (5Y)-13.38%-15.80%
Total return CAGR (5Y)11.29%6.70%

Frequently asked

Which is better, PCG or XEL?
It depends on your goal. value: PCG (lower P/E); growth: PCG (faster 5Y revenue CAGR); income: XEL (higher dividend yield). Across all compared metrics, PCG leads 9 to 5.
Is PCG or XEL cheaper?
On trailing earnings, PCG is cheaper: PCG trades at a 13.32 P/E and XEL at 22.75.
Which has grown faster, PCG or XEL?
Over the past five years, PCG grew revenue faster — PCG at a 6.47% CAGR versus XEL at 3.82%.
Does PCG or XEL pay a bigger dividend?
PCG yields 1.17% and XEL yields 2.98% based on trailing dividends and the latest price.
Is PCG or XEL more profitable?
XEL runs the higher net margin — PCG at 11.43% versus XEL at 14.14%.
Which has been the better investment, PCG or XEL?
Over the past 10-year, XEL delivered the higher annualized total return — PCG at -12.01% versus XEL at 9.27%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 9, 2026.