Pg&E (PCG) Invested Capital (2009 - 2026)
Pg&E's Invested Capital was $98.37 billion in Q2 2026, up 8.6% from $90.61 billion a year earlier and up 2.5% from the prior quarter.
Powered by 
Analysis
Pg&E (PCG) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Invested Capital at Pg&E came in at $93.68 billion, up 6.9% from FY2024.
- Invested Capital has now increased for five consecutive years, with a five-year compound annual growth rate of 8.6% (FY2020 to FY2025).
- In earlier years, Invested Capital was $87.64 billion in FY2024 (+7.4%), $81.61 billion in FY2023 (+8.6%), $75.14 billion in FY2022 (+13.7%) and $66.11 billion in FY2021 (+6.4%).
- The Q2 2026 figure marks the highest quarterly Invested Capital in data going back to Q2 2009.
- Compared with a year earlier, Invested Capital has increased for 21 straight quarters, with growth averaging 7.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Invested Capital ranged from 5.7% (Q2 2025) to 14.9% (Q3 2022).
- Per Business Quant data, PCG's Invested Capital in the three quarters before Q2 2026 was $95.95 billion (Q1 2026), $93.68 billion (Q4 2025) and $91.56 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 176.56 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 133.48 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 146.72 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | 113.40 Bn |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 86.13 Bn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 86.84 Bn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 76.66 Bn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 52.95 Bn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 63.51 Bn |
| 10 | Pg&E | 29.32 Bn | 26.10 Bn | 4.99 Bn | 98.37 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 98.37 Bn |
| Mar 31, 2026 | 95.95 Bn |
| Dec 31, 2025 | 93.68 Bn |
| Sep 30, 2025 | 91.56 Bn |
| Jun 30, 2025 | 90.61 Bn |
| Mar 31, 2025 | 89.82 Bn |
| Dec 31, 2024 | 87.64 Bn |
| Sep 30, 2024 | 85.98 Bn |
| Jun 30, 2024 | 85.72 Bn |
| Mar 31, 2024 | 83.14 Bn |
| Dec 31, 2023 | 81.61 Bn |
| Sep 30, 2023 | 78.91 Bn |
| Jun 30, 2023 | 78.12 Bn |
| Mar 31, 2023 | 77.12 Bn |
| Dec 31, 2022 | 75.14 Bn |
| Sep 30, 2022 | 73.17 Bn |
| Jun 30, 2022 | 70.32 Bn |
| Mar 31, 2022 | 67.17 Bn |
| Dec 31, 2021 | 66.11 Bn |
| Sep 30, 2021 | 63.67 Bn |
API Access
Pg&E Invested Capital 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=invested-capital&ticker=PCG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=PCG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();