PCG Q1 2024 Earnings — Pacific Gas & Electric Co. Revenue & Financial Results | Market Cap Arena

PCGPacific Gas & Electric Co.

$40B

Q1 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$5.9B-5.6% YoY

Gross Profit

$1.3B21.8% margin

Operating Income

$1.3B21.8% margin

Net Income

$735M12.5% margin

EPS (Diluted)

$0.34

QoQ Revenue Growth

-16.8%

Cash Flow

Operating Cash Flow

$2.3B

Free Cash Flow

-$377M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$127.6B

Total Liabilities

$101.7B

Stockholders' Equity

$25.7B

Cash & Equivalents

$658M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.9B	$6.2B	-5.6%
Gross Profit	$1.3B	$900M	+41.7%
Operating Income	$1.3B	$900M	+41.7%
Net Income	$735M	$572M	+28.5%

Revenue Segments

Electricity

$4.1B64%

Natural Gas, US Regulated

$2.3B36%