PG&E (FRA:PCG) FCF Margin %: -13.46% (As of Mar. 2026)


FRA:PCG PG&E Corp FRA:PCG
71 GF Score
Price €14.40
GF Value €15.28
Valuation Fairly Valued
! 8 Warning Signs
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What is PG&E FCF Margin %?

PG&E FRA:PCG +0.70% 71 FCF Margin % is -13.46% as of Mar. 2026. GuruFocus rates FRA:PCG with a GF Score™ of 71/100 and a GF Value™ of €15.28 (Fairly Valued). The stock has 8 warning signs investors should review. Among 499 Utilities - Regulated companies, PG&E ranks worse than 83.37% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. PG&E's Free Cash Flow for the three months ended in Mar. 2026 was €-801 Mil. PG&E's Revenue for the three months ended in Mar. 2026 was €5,952 Mil. Therefore, PG&E's FCF Margin % for the quarter that ended in Mar. 2026 was -13.46%.

As of today, PG&E's current FCF Yield % is -11.40%.

The historical rank and industry rank for PG&E's FCF Margin % or its related term are showing as below:

FRA:PCG' s FCF Margin % Range Over the Past 10 Years
Min: -144.77   Med: -11.56   Max: 1.96
Current: -16.36


During the past 13 years, the highest FCF Margin % of PG&E was 1.96%. The lowest was -144.77%. And the median was -11.56%.

FRA:PCG's FCF Margin % is ranked worse than
83.37% of 499 companies
in the Utilities - Regulated industry
Industry Median: 2.36 vs FRA:PCG: -16.36


PG&E FCF Margin % Related Terms


PG&E FCF Margin % Historical Data

* Premium members only.

The historical data trend for PG&E's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PG&E FCF Margin % Chart

PG&E Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.29 -27.04 -20.33 -9.56 -12.32

PG&E Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.56 -34.05 -1.28 -17.58 -13.46

FRA:PCG vs WEC, ED, PEG: FCF Margin % Comparison

For the Utilities - Regulated Electric subindustry, PG&E's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PG&E FCF Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PG&E's FCF Margin % distribution charts can be found below:

* The bar in red indicates where PG&E's FCF Margin % falls into.


FRA:PCG
71GF Score
PG&E Corp FRA:PCG
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PG&E FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

PG&E's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-2622.634/21294.49
=-12.32 %

PG&E's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-800.99/5952.065
=-13.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -13.46% mean?
PG&E (FRA:PCG) has a FCF Margin % of -13.46% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on PG&E and its competitors. According to the industry distribution chart, PG&E ranks #416 out of 499 companies in the Utilities - Regulated industry, placing it in the top 83.4%.
Is PG&E's FCF Margin % too high?
PG&E's current FCF Margin % is -13.46%. Based on the distribution chart, PG&E ranks #416 out of 499 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, PG&E has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PG&E's FCF Margin % compare to WEC and ED?
According to the Utilities - Regulated industry distribution chart, PG&E ranks #416 out of 499 companies for FCF Margin %. This places PG&E in the lower half of its industry. The industry median FCF Margin % is 2.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Utilities - Regulated company?
The median FCF Margin % among Utilities - Regulated companies is 2.36, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on PG&E and its competitors. For the Utilities - Regulated industry, the median FCF Margin % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PG&E's current FCF Margin % is -13.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PG&E stock overvalued right now?
Based on GuruFocus' analysis, PG&E (FRA:PCG) is currently considered Fairly Valued. The stock's GF Value™ is €15.28, compared to a current price of €14.40 — trading 5.8% below its estimated fair value. The current FCF Margin % is -13.46%. PG&E's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For PG&E (FRA:PCG), the current FCF Margin % is -13.46% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PG&E (FRA:PCG) Overvalued in 2026?

Based on GuruFocus' analysis, PG&E stock appears to be undervalued. The current stock price of €14.40 is trading 5.8% below its estimated GF Value™ of €15.28. GuruFocus considers PG&E to be Fairly Valued.

Key valuation signals for FRA:PCG:

  • FCF Margin %: -13.46%
  • GF Value™: €15.28 vs. price of €14.40 (5.8% below fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the FRA:PCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PG&E Business Description

Address 300 Lakeside Drive, Oakland, CA, USA, 94612
PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision in 2001-04 during California's energy crisis and in 2019-20 due to wildfire losses. In 2004, PG&E sold its unregulated assets as part of its first postbankruptcy reorganization.
71GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.40
Price
€15.28
GF Value