PCG Q1 2023 Earnings — Pacific Gas & Electric Co. Revenue & Financial Results | Market Cap Arena

PCGPacific Gas & Electric Co.

$40B

Q1 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$6.2B+7.1% YoY

Gross Profit

$900M14.5% margin

Operating Income

$900M14.5% margin

Net Income

$572M9.2% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+15.6%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

-$1.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$119.6B

Total Liabilities

$96.0B

Stockholders' Equity

$23.3B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.2B	$5.8B	+7.1%
Gross Profit	$900M	$535M	+68.2%
Operating Income	$900M	$535M	+68.2%
Net Income	$572M	$478M	+19.7%

Revenue Segments

Electricity

$4.1B61%

Natural Gas, US Regulated

$2.7B39%