PG&E Corporation (PCG) Debt to Equity Ratio: 1.88
Is PG&E Corporation’s debt to equity ratio high or low?
PG&E Corporation's debt to equity ratio of 1.88 is 11% below its 5-year average of 2.12, near the low end of its 5-year range (1.88–2.35).
As of Thursday, June 25, 2026. 1.57% below its 12-month average of 1.91.
PCG Debt to Equity Ratio Chart
Reported annual fiscal-period values; no daily interpolation.
PCG Average Debt to Equity Ratio Chart
PCG Current vs Average Debt to Equity Ratio Chart
PCG Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
1.88
DEBT TO EQUITY RATIO AVG TTM
1.91
DEBT TO EQUITY RATIO AVG 3Y
2.12
DEBT TO EQUITY RATIO AVG 5Y
2.12
DEBT TO EQUITY RATIO AVG 10Y
1.66
DEBT TO EQUITY RATIO AVG 15Y
1.48
DEBT TO EQUITY RATIO AVG 20Y
1.43
CURRENT VS TTM AVG
-1.57%
CURRENT VS 3Y AVG
-11.32%
CURRENT VS 5Y AVG
-11.25%
CURRENT VS 10Y AVG
+13.32%
CURRENT VS 15Y AVG
+27.19%
CURRENT VS 20Y AVG
+31.91%
PCG Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PG&E Corporation (PCG) | $37.70B | 1.88 | 1.91 | 2.12 | 2.12 |
| WEC Energy Group, Inc. (WEC)vs › | $37.66B | 1.64 | 1.64 | 1.60 | 1.53 |
| Consolidated Edison, Inc. (ED)vs › | $40.80B | 1.19 | 1.23 | 1.21 | 1.24 |
| Public Service Enterprise Group Incorporated (PEG)vs › | $40.84B | 1.44 | 1.43 | 1.42 | 1.35 |
| Ameren Corporation (AEE)vs › | $31.36B | 1.48 | 1.52 | 1.48 | 1.44 |
| NRG Energy, Inc. (NRG)vs › | $30.00B | 9.97 | 7.21 | 5.09 | 4.67 |
| Atmos Energy Corporation (ATO)vs › | $28.81B | 0.69 | 0.68 | 0.73 | 0.76 |
| Edison International (EIX)vs › | $28.56B | 2.42 | 2.42 | 2.31 | 2.14 |
| CenterPoint Energy, Inc. (CNP)vs › | $28.35B | 2.12 | 2.04 | 1.93 | 1.84 |
| PPL Corporation (PPL)vs › | $27.78B | 1.30 | 1.25 | 1.16 | 1.11 |
Financial Health
Debt/Equity
1.88
Current Ratio
0.97
PG&E Corporation Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PG&E Corporation Debt to Equity Ratio FAQ
- What is the debt to equity ratio for PG&E Corporation (PCG)?
- The debt to equity ratio for PCG stock is 1.88.
- Is PG&E Corporation's debt to equity ratio high or low?
- PG&E Corporation's debt to equity ratio of 1.88 is 11% below its 5-year average of 2.12, near the low end of its 5-year range (1.88–2.35).
- What is the TTM average debt to equity ratio for PG&E Corporation (PCG)?
- The TTM average debt to equity ratio for PCG stock is 1.91.
- What is the 3Y average debt to equity ratio for PG&E Corporation (PCG)?
- The 3Y average debt to equity ratio for PCG stock is 2.12.
- What is the 5Y average debt to equity ratio for PG&E Corporation (PCG)?
- The 5Y average debt to equity ratio for PCG stock is 2.12.
- What is the 10Y average debt to equity ratio for PG&E Corporation (PCG)?
- The 10Y average debt to equity ratio for PCG stock is 1.66.
- What is the 15Y average debt to equity ratio for PG&E Corporation (PCG)?
- The 15Y average debt to equity ratio for PCG stock is 1.48.
- What is the 20Y average debt to equity ratio for PG&E Corporation (PCG)?
- The 20Y average debt to equity ratio for PCG stock is 1.43.
PG&E Corporation Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 1.88 |
| 2024-12-31 | 1.94 |
| 2023-12-31 | 2.31 |
| 2022-12-31 | 2.35 |
| 2021-12-31 | 2.20 |
| 2020-12-31 | 2.03 |
| 2019-12-31 | 0.74 |
| 2018-12-31 | 1.74 |
| 2017-12-31 | 1.00 |
| 2016-12-31 | 1.03 |
| 2015-12-31 | 1.03 |
| 2014-12-31 | 1.00 |
| 2013-12-31 | 1.03 |
| 2012-12-31 | 1.03 |
| 2011-12-31 | 1.15 |
| 2010-12-31 | 1.19 |
| 2009-12-31 | 1.24 |
| 2008-12-31 | 1.22 |
| 2007-12-31 | 1.06 |
| 2006-12-31 | 1.32 |
| 2005-12-31 | 1.44 |
| 2004-12-31 | 1.07 |
| 2003-12-31 | 3.35 |
| 2002-12-31 | 1.51 |
| 2001-12-31 | 1.92 |
| 2000-12-31 | 4.57 |
| 1999-12-31 | 1.44 |
| 1998-12-31 | 1.10 |
| 1997-12-31 | 0.88 |
| 1996-12-31 | 0.94 |
Related Metrics
About PG&E Corporation
PG&E Corporation operates as a holding company, overseeing the generation, transmission, and distribution of electricity and natural gas to its clientele. The firm's expertise spans a broad range of energy-related services, including general utilities, power provision, gas supply, electrical grids, solar solutions, and sustainability initiatives. Established in 1995, the company maintains its corporate headquarters in Oakland, California.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Patricia Kessler Poppe