PG&E Corporation (PCG)
NYSE: PCG · Real-Time Price · USD
16.60
-1.35 (-7.52%)
At close: Aug 28, 2026, 4:00 PM EDT
13.73
-2.87 (-17.29%)
Pre-market: Aug 31, 2026, 8:35 AM EDT
PG&E Corporation Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 3,056 | 2,593 | 2,475 | 2,242 | 1,800 | -102 |
Depreciation & Amortization | 4,671 | 4,634 | 4,189 | 3,738 | 3,856 | 3,403 |
Other Amortization | 416 | 352 | 383 | 568 | 477 | 517 |
Restructuring Activities | - | - | - | - | - | -73 |
Change in Accounts Receivable | 145 | -61 | -1,061 | -369 | -757 | -589 |
Change in Inventory | -69 | - | 45 | -28 | -246 | -32 |
Change in Accounts Payable | -93 | 176 | 30 | -90 | 627 | 117 |
Change in Other Net Operating Assets | -1,313 | -254 | 372 | -904 | -2,089 | -3,045 |
Other Operating Activities | 1,054 | 874 | 1,261 | -1,046 | -90 | 1,912 |
Operating Cash Flow | 8,147 | 8,716 | 8,035 | 4,747 | 3,721 | 2,262 |
Operating Cash Flow Growth | -9.16% | 8.48% | 69.27% | 27.57% | 64.50% | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -12,410 | -11,787 | -10,369 | -9,714 | -9,584 | -7,689 |
Sale of Property, Plant & Equipment | - | - | - | - | - | 749 |
Contributions to Nuclear Demissioning Trust | -2,386 | -1,993 | -2,002 | -2,252 | -3,208 | -1,702 |
Other Investing Activities | 2,589 | 1,464 | 996 | 2,804 | 2,578 | 1,737 |
Investing Cash Flow | -12,207 | -12,316 | -11,375 | -9,162 | -10,214 | -6,905 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 1,000 | - | - | 301 |
Long-Term Debt Issued | - | 10,327 | 13,772 | 20,475 | 23,225 | 15,247 |
Total Debt Issued | 16,990 | 10,327 | 14,772 | 20,475 | 23,225 | 15,548 |
Short-Term Debt Repaid | - | -1,000 | - | - | -300 | -1,450 |
Long-Term Debt Repaid | - | -5,564 | -13,697 | -15,964 | -15,769 | -10,063 |
Total Debt Repaid | -11,871 | -6,564 | -13,697 | -15,964 | -16,069 | -11,513 |
Net Debt Issued (Repaid) | 5,119 | 3,763 | 1,075 | 4,511 | 7,156 | 4,035 |
Issuance of Common Stock | - | - | 1,128 | - | - | - |
Common Dividends Paid | -330 | -220 | -86 | - | - | - |
Preferred Dividends Paid | -97 | -97 | - | - | - | - |
Dividends Paid | -427 | -317 | -86 | - | - | - |
Other Financing Activities | -126 | -87 | -75 | -111 | -23 | 288 |
Financing Cash Flow | 4,566 | 3,359 | 3,621 | 4,400 | 7,133 | 4,323 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Miscellaneous Cash Flow Adjustments | -287 | -259 | -273 | -297 | -213 | -16 |
Net Cash Flow | 219 | -500 | 8 | -312 | 427 | -336 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -4,263 | -3,071 | -2,334 | -4,967 | -5,863 | -5,427 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -16.50% | -12.32% | -9.56% | -20.33% | -27.04% | -26.29% |
Free Cash Flow Per Share | -1.90 | -1.40 | -1.09 | -2.32 | -2.75 | -2.73 |
Levered Free Cash Flow | -6,150 | -3,414 | -6,584 | -6,225 | -4,737 | -3,592 |
Unlevered Free Cash Flow | -4,143 | -1,452 | -4,654 | -4,435 | -3,530 | -2,583 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 2,780 | 2,665 | 2,421 | 2,286 | 1,607 | 1,404 |
Cash Income Tax Paid | 165 | - | - | - | - | -99 |
Change in Working Capital | -1,330 | -139 | -614 | -1,391 | -2,465 | -3,549 |