Pg&E (PCG) Return on Invested Capital [ROIC] (2009 - 2026)
Pg&E's Return on Invested Capital [ROIC] came in at 5.32% for Q2 2026, up 0.48 percentage points from 4.84% a year earlier and up 0.04 percentage points from the prior quarter.
Pg&E (PCG) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Pg&E's Return on Invested Capital [ROIC] was 5.24%, down 0.03 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +0.04 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 5.27% in FY2024 (+1.86 pp), 3.41% in FY2023 (+0.81 pp), 2.60% in FY2022 (+2.60 pp) and 0.00% in FY2021 (-5.20 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q3 2024.
- Year-over-year, Return on Invested Capital [ROIC] increased in six of the last eight quarters, with an average year-over-year change of +0.82 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2021 (a gain of 5.01 percentage points), and the weakest in Q4 2021 (a drop of 2.88 percentage points).
- Business Quant data shows PCG's Return on Invested Capital [ROIC] at 5.27% (Q1 2026), 5.13% (Q4 2025) and 4.99% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 4.94% |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 4.81% |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 5.41% |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 5.55% |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 3.52% |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 1.94% |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 4.68% |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 4.49% |
| 10 | Pg&E | 29.32 Bn | 26.10 Bn | 4.99 Bn | 5.32% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.32% |
| Mar 31, 2026 | 5.27% |
| Dec 31, 2025 | 5.13% |
| Sep 30, 2025 | 4.99% |
| Jun 30, 2025 | 4.84% |
| Mar 31, 2025 | 4.96% |
| Dec 31, 2024 | 5.14% |
| Sep 30, 2024 | 5.33% |
| Jun 30, 2024 | 4.67% |
| Mar 31, 2024 | 4.03% |
| Dec 31, 2023 | 3.33% |
| Sep 30, 2023 | 2.12% |
| Jun 30, 2023 | 2.57% |
| Mar 31, 2023 | 2.54% |
| Dec 31, 2022 | 2.48% |
| Sep 30, 2022 | 3.27% |
| Jun 30, 2022 | 0.96% |
| Mar 31, 2022 | 0.85% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.00% |
Pg&E Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=PCG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=PCG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();