Pacific Gas & Electric (PCG-PE) Operating Margin (2009 - 2026)
Pg&E's Operating Margin was 20.18% in Q3 2026, up 0.84 percentage points from 19.34% a year earlier but down 1.22 percentage points from the prior quarter.
Pacific Gas & Electric (PCG-PE) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Pg&E's Operating Margin was 20.20% through Sep 30, 2026, up 1.84 percentage points year-over-year; for FY2025, it came in at 19.05%, up 0.79 percentage points from FY2024.
- Operating Margin has now increased for three consecutive years, with a five-year change of +9.54 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 18.26% in FY2024 (+7.33 pp), 10.93% in FY2023 (+2.46 pp), 8.47% in FY2022 (-0.65 pp) and 9.12% in FY2021 (-0.38 pp).
- Quarterly Operating Margin has moved between 2.42% (Q4 2022) and 21.77% (Q1 2024) over five years.
- Compared with a year earlier, Operating Margin has increased for five straight quarters, with an average year-over-year change of +0.85 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q4 2023 (a gain of 13.70 percentage points); the worst was Q4 2022 (a drop of 9.80 percentage points).
- Per Business Quant data, PCG-PE's Operating Margin in the three quarters before Q3 2026 was 21.40% (Q2 2026), 21.36% (Q1 2026) and 17.99% (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.18% |
| Jun 30, 2026 | 21.40% |
| Mar 31, 2026 | 21.36% |
| Dec 31, 2025 | 17.99% |
| Sep 30, 2025 | 19.34% |
| Jun 30, 2025 | 18.58% |
| Mar 31, 2025 | 20.39% |
| Dec 31, 2024 | 15.38% |
| Sep 30, 2024 | 17.32% |
| Jun 30, 2024 | 18.94% |
| Mar 31, 2024 | 21.77% |
| Dec 31, 2023 | 16.12% |
| Sep 30, 2023 | 6.81% |
| Jun 30, 2023 | 9.57% |
| Mar 31, 2023 | 10.13% |
| Dec 31, 2022 | 2.42% |
| Sep 30, 2022 | 13.46% |
| Jun 30, 2022 | 8.69% |
| Mar 31, 2022 | 9.24% |
| Dec 31, 2021 | 12.22% |
Pacific Gas & Electric Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=PCG-PE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "PCG-PE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=PCG-PE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();