PG&E Corporation (PCG) Operating Margin: 19.35%
Is PG&E Corporation’s operating margin high or low?
PG&E Corporation's operating margin of 19.35% is 32% above its 5-year average of 14.64%, near the high end of its 5-year range (10.37%–19.59%).
As of Thursday, June 25, 2026. 2.25% above its 12-month average of 18.93%.
PCG Operating Margin Chart
Reported annual fiscal-period values; no daily interpolation.
PCG Average Operating Margin Chart
PCG Current vs Average Operating Margin Chart
PCG Operating Margin Metrics
OPERATING MARGIN
19.35%
OPERATING MARGIN AVG TTM
18.93%
OPERATING MARGIN AVG 3Y
16.65%
OPERATING MARGIN AVG 5Y
14.64%
OPERATING MARGIN AVG 10Y
14.39%
OPERATING MARGIN AVG 15Y
14.81%
OPERATING MARGIN AVG 20Y
15.10%
CURRENT VS TTM AVG
+2.25%
CURRENT VS 3Y AVG
+16.22%
CURRENT VS 5Y AVG
+32.19%
CURRENT VS 10Y AVG
+34.49%
CURRENT VS 15Y AVG
+30.67%
CURRENT VS 20Y AVG
+28.15%
PCG Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PG&E Corporation (PCG) | $37.70B | 19.35% | 18.93% | 16.65% | 14.64% |
| WEC Energy Group, Inc. (WEC)vs › | $37.66B | 23.97% | 24.63% | 22.69% | 22.49% |
| Consolidated Edison, Inc. (ED)vs › | $40.80B | 17.33% | 17.62% | 16.92% | 18.31% |
| Public Service Enterprise Group Incorporated (PEG)vs › | $40.84B | 25.47% | 23.68% | 23.56% | 18.18% |
| Ameren Corporation (AEE)vs › | $30.91B | 23.97% | 21.46% | 20.68% | 21.00% |
| NRG Energy, Inc. (NRG)vs › | $29.04B | 3.00% | 7.32% | 5.59% | 7.82% |
| Atmos Energy Corporation (ATO)vs › | $28.81B | 35.87% | 32.86% | 28.15% | 28.06% |
| Edison International (EIX)vs › | $28.56B | 21.32% | 26.68% | 19.52% | 16.16% |
| CenterPoint Energy, Inc. (CNP)vs › | $28.35B | 22.51% | 22.79% | 20.65% | 18.82% |
| FirstEnergy Corp. (FE)vs › | $27.45B | 18.72% | 18.20% | 17.33% | 17.48% |
Operating Efficiency
Gross Margin
45.9%
Operating Margin
19.4%
PG&E Corporation Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PG&E Corporation Operating Margin FAQ
- What is the operating margin for PG&E Corporation (PCG)?
- The operating margin for PCG stock is 19.35%.
- Is PG&E Corporation's operating margin high or low?
- PG&E Corporation's operating margin of 19.35% is 32% above its 5-year average of 14.64%, near the high end of its 5-year range (10.37%–19.59%).
- What is the TTM average operating margin for PG&E Corporation (PCG)?
- The TTM average operating margin for PCG stock is 18.93%.
- What is the 3Y average operating margin for PG&E Corporation (PCG)?
- The 3Y average operating margin for PCG stock is 16.65%.
- What is the 5Y average operating margin for PG&E Corporation (PCG)?
- The 5Y average operating margin for PCG stock is 14.64%.
- What is the 10Y average operating margin for PG&E Corporation (PCG)?
- The 10Y average operating margin for PCG stock is 14.39%.
- What is the 15Y average operating margin for PG&E Corporation (PCG)?
- The 15Y average operating margin for PCG stock is 14.81%.
- What is the 20Y average operating margin for PG&E Corporation (PCG)?
- The 20Y average operating margin for PCG stock is 15.10%.
PG&E Corporation Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 19.59% |
| 2024-12-31 | 18.26% |
| 2023-12-31 | 16.38% |
| 2022-12-31 | 12.37% |
| 2021-12-31 | 10.37% |
| 2020-12-31 | 10.86% |
| 2019-12-31 | 8.72% |
| 2018-12-31 | 13.82% |
| 2017-12-31 | 17.41% |
| 2016-12-31 | 16.37% |
| 2015-12-31 | 14.12% |
| 2014-12-31 | 14.87% |
| 2013-12-31 | 12.13% |
| 2012-12-31 | 13.51% |
| 2011-12-31 | 16.76% |
| 2010-12-31 | 21.39% |
| 2009-12-31 | 22.79% |
| 2008-12-31 | 15.46% |
| 2007-12-31 | 15.97% |
| 2006-12-31 | 16.81% |
| 2005-12-31 | 16.83% |
| 2004-12-31 | 20.02% |
| 2003-12-31 | 22.45% |
| 2002-12-31 | 37.64% |
| 2001-12-31 | 11.38% |
| 2000-12-31 | -18.79% |
| 1999-12-31 | 4.22% |
| 1998-12-31 | 10.52% |
| 1997-12-31 | 11.22% |
| 1996-12-31 | 19.53% |
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