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POR (Portland General Electric Co) Piotroski F-Score : 6 (As of Jul. 14, 2025)


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What is Portland General Electric Co Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Portland General Electric Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Portland General Electric Co's Piotroski F-Score or its related term are showing as below:

POR' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Portland General Electric Co was 8. The lowest was 3. And the median was 6.


Portland General Electric Co Piotroski F-Score Historical Data

The historical data trend for Portland General Electric Co's Piotroski F-Score 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.

* Premium members only.

Portland General Electric Co Piotroski F-Score Chart

Portland General Electric Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 7.00 5.00 5.00 7.00

Portland General Electric Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Piotroski F-Score 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 6.00 6.00 6.00 7.00 6.00

Competitive Comparison of Portland General Electric Co's Piotroski F-Score

For the Utilities - Regulated Electric subindustry, Portland General Electric Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Portland General Electric Co's Piotroski F-Score Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Portland General Electric Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Portland General Electric Co's Piotroski F-Score falls into.


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How is the Piotroski F-Score calculated?

* 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.

This Year (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was 72 + 94 + 38 + 100 = $304 Mil.
Cash Flow from Operations was 189 + 244 + 170 + 231 = $834 Mil.
Revenue was 758 + 929 + 824 + 928 = $3,439 Mil.
Gross Profit was 376 + 418 + 367 + 450 = $1,611 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(11588 + 11582 + 11881 + 12544 + 12695) / 5 = $12058 Mil.
Total Assets at the begining of this year (Mar24) was $11,588 Mil.
Long-Term Debt & Capital Lease Obligation was $4,936 Mil.
Total Current Assets was $974 Mil.
Total Current Liabilities was $922 Mil.
Net Income was 39 + 47 + 68 + 109 = $263 Mil.

Revenue was 648 + 802 + 725 + 929 = $3,104 Mil.
Gross Profit was 327 + 331 + 350 + 425 = $1,433 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(10151 + 10370 + 10603 + 11208 + 11588) / 5 = $10784 Mil.
Total Assets at the begining of last year (Mar23) was $10,151 Mil.
Long-Term Debt & Capital Lease Obligation was $4,638 Mil.
Total Current Assets was $1,082 Mil.
Total Current Liabilities was $885 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Portland General Electric Co's current Net Income (TTM) was 304. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Portland General Electric Co's current Cash Flow from Operations (TTM) was 834. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar24)
=304/11588
=0.02623404

ROA (Last Year)=Net Income/Total Assets (Mar23)
=263/10151
=0.02590878

Portland General Electric Co's return on assets of this year was 0.02623404. Portland General Electric Co's return on assets of last year was 0.02590878. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Portland General Electric Co's current Net Income (TTM) was 304. Portland General Electric Co's current Cash Flow from Operations (TTM) was 834. ==> 834 > 304 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4936/12058
=0.40935479

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=4638/10784
=0.4300816

Portland General Electric Co's gearing of this year was 0.40935479. Portland General Electric Co's gearing of last year was 0.4300816. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar25)=Total Current Assets/Total Current Liabilities
=974/922
=1.05639913

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=1082/885
=1.22259887

Portland General Electric Co's current ratio of this year was 1.05639913. Portland General Electric Co's current ratio of last year was 1.22259887. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Portland General Electric Co's number of shares in issue this year was 109.683. Portland General Electric Co's number of shares in issue last year was 101.467. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1611/3439
=0.46845013

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1433/3104
=0.46166237

Portland General Electric Co's gross margin of this year was 0.46845013. Portland General Electric Co's gross margin of last year was 0.46166237. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar24)
=3439/11588
=0.29677252

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=3104/10151
=0.30578268

Portland General Electric Co's asset turnover of this year was 0.29677252. Portland General Electric Co's asset turnover of last year was 0.30578268. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+0+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Portland General Electric Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Portland General Electric Co  (NYSE:POR) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Portland General Electric Co Piotroski F-Score Related Terms

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Portland General Electric Co Business Description

Traded in Other Exchanges
Address
121 South West Salmon Street, Portland, OR, USA, 97204
Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services in a service territory that includes about half of all Oregon residents and two thirds of the state's business activity. The company owns (wholly or through joint ventures) 3.5 gigawatts of gas, coal, wind, and hydro generation.
Executives
Benjamin Felton officer: EVP, COO 121 SW SALMON STREET, PORTLAND OR 97204
Trpik Joseph R Jr officer: SVP, Finance CFO 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Maria Angelica Espinosa officer: V. P., General Counsel 121 SW SALMON ST., PORTLAND OR 97204
Larry Neal Bekkedahl officer: Sr. Vice President 121 SW SALMON STREET, PORTLAND OR 97204
Brett Michael Sims officer: Vice President 121 SW SALMON ST., PORTLAND OR 97204
John Teeruk Kochavatr officer: Vice President, CIO 121 SW SALMON STREET, PORTLAND OR 97204
Maria M Pope director C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204
Anne Frances Mersereau officer: Vice President 121 SW SALMON STREET, PORTLAND OR 97204
Dawn L Farrell director C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19898
Marie Oh Huber director C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Kathryn Jean Jackson director 121 SW SALMON STREET, PORTLAND OR 97204
James P Torgerson director C/O UIL HOLDINGS CORPORATION, 157 CHURCH STREET, NEW HAVEN CT 06510
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Michael Millegan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Michael A Lewis director 77 BEALE ST, P.O. BOX 770000, SAN FRANCISCO CA 94177