Pg&E (PCG) Gross Margin (2017 - 2026)
Pg&E (PCG) reported Gross Margin of 84.50% for Q2 2026, down 3.47 percentage points from 87.96% a year earlier and down 0.52 percentage points from the prior quarter.
Powered by 
Analysis
Pg&E (PCG) Gross Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Pg&E's Gross Margin came in at 80.43%, down 3.05 percentage points year-over-year; for FY2025, it came in at 81.09%, down 1.50 percentage points from FY2024.
- Gross Margin has a five-year change of +6.52 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 82.58% in FY2024 (+10.00 pp), 72.58% in FY2023 (+6.05 pp), 66.53% in FY2022 (-6.43 pp) and 72.96% in FY2021 (-1.60 pp).
- Five-year quarterly Gross Margin spans a low of 29.89% in Q4 2022 and a high of 87.96% in Q2 2025.
- Year over year, Gross Margin has now declined in each of the last four quarters, with an average year-over-year change of +2.13 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q4 2024 (a gain of 24.19 percentage points); the low point was Q4 2022 (a drop of 25.49 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 85.02% (Q1 2026), 71.12% (Q4 2025) and 81.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | - |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 84.89% |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 73.41% |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 70.56% |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | - |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 96.40% |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | - |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | - |
| 10 | Pg&E | 29.32 Bn | 26.10 Bn | 4.99 Bn | 84.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.50% |
| Mar 31, 2026 | 85.02% |
| Dec 31, 2025 | 71.12% |
| Sep 30, 2025 | 81.66% |
| Jun 30, 2025 | 87.96% |
| Mar 31, 2025 | 85.04% |
| Dec 31, 2024 | 77.20% |
| Sep 30, 2024 | 84.45% |
| Jun 30, 2024 | 83.85% |
| Mar 31, 2024 | 85.50% |
| Dec 31, 2023 | 53.00% |
| Sep 30, 2023 | 82.95% |
| Jun 30, 2023 | 82.12% |
| Mar 31, 2023 | 76.84% |
| Dec 31, 2022 | 29.89% |
| Sep 30, 2022 | 76.10% |
| Jun 30, 2022 | 77.75% |
| Mar 31, 2022 | 81.67% |
| Dec 31, 2021 | 55.38% |
| Sep 30, 2021 | 76.05% |
API Access
Pg&E Gross 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=gross-margin&ticker=PCG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PCG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PCG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();