PG&E Corporation (PCG) vs Xcel Energy Inc. (XEL)
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 August 23, 2026. Differences are shown without an overall score or investment verdict.
PCG
PG&E Corporation
$17.60UtilitiesAt close: Aug 21, 2026, 4:00 PM ET
XEL
Xcel Energy Inc.
$76.30UtilitiesAt close: Aug 21, 2026, 4:00 PM ET
Total return — PCG vs XEL
growth of $100 · dividends reinvested · last 10yPCG -70.0% (-11.3%/yr)XEL +150.5% (+9.6%/yr)XEL compounded faster over this window
Log scale — wide-divergence pair
PCG XEL
PCG vs XEL: by the numbers
- •XEL is the larger company ($47.66B vs $47.17B market cap).
- •PCG trades at the lower trailing earnings multiple (12.85 vs 20.79 P/E), one valuation lens rather than an overall verdict.
- •XEL converts more revenue to profit (15.28% vs 12.25% net margin).
- •PCG grew revenue faster over the past five years (5.72% vs 2.79% CAGR).
- •XEL pays the higher dividend yield (3.05% vs 0.99%).
Metrics side by side
Valuation
| Metric | PCG | XEL |
|---|---|---|
| P/E ratio | 12.85 | 20.79 |
| Forward P/E | 10.65 | 18.54 |
| P/S ratio | 1.56 | 3.27 |
| P/B ratio | 1.19 | 1.99 |
| EV / EBITDA | 10.75 | 14.09 |
Profitability
| Metric | PCG | XEL |
|---|---|---|
| Gross margin | 19.59% | 48.84% |
| Operating margin | 19.99% | 20.98% |
| Net margin | 12.25% | 15.28% |
| ROE | 9.34% | 9.28% |
| ROIC | 3.83% | 3.74% |
Dividends
| Metric | PCG | XEL |
|---|---|---|
| Dividend yield | 0.99% | 3.05% |
| Payout ratio | 14.83% | 67.59% |
Growth (annualized)
| Metric | PCG | XEL |
|---|---|---|
| Revenue CAGR (5Y) | 5.72% | 2.79% |
| EPS CAGR (5Y) | N/A | 4.20% |
| FCF CAGR (5Y) | 5.43% | -15.80% |
| Total return CAGR (5Y) | 14.04% | 4.84% |
Frequently asked
- Which has the lower trailing P/E, PCG or XEL?
- PCG has the lower trailing P/E: PCG trades at 12.85 and XEL at 20.79. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PCG or XEL?
- Over the past five years, PCG grew revenue faster — PCG at a 5.72% CAGR versus XEL at 2.79%.
- Does PCG or XEL pay a bigger dividend?
- PCG yields 0.99% and XEL yields 3.05% based on trailing dividends and the latest price.
- Is PCG or XEL more profitable?
- XEL runs the higher net margin — PCG at 12.25% versus XEL at 15.28%.
- How have PCG and XEL total returns compared?
- Over the past 10 years, PCG delivered -11.72% and XEL delivered 9.34% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
PG&E P/E ratioXcel Energy P/E ratioPG&E dividend yieldXcel Energy dividend yieldPG&E ROEXcel Energy ROEPG&E operating marginXcel Energy operating marginPG&E revenue growthXcel Energy revenue growthPG&E free cash flowXcel Energy free cash flow
PG&E & Xcel Energy appear in these rankings
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 August 23, 2026.