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POR (Portland General Electric Co) Gross Property, Plant and Equipment : $15,056 Mil (As of Sep. 2024)


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What is Portland General Electric Co Gross Property, Plant and Equipment?

Portland General Electric Co's quarterly gross PPE increased from Mar. 2024 ($14,509 Mil) to Jun. 2024 ($14,816 Mil) and increased from Jun. 2024 ($14,816 Mil) to Sep. 2024 ($15,056 Mil).

Portland General Electric Co's annual gross PPE increased from Dec. 2021 ($12,151 Mil) to Dec. 2022 ($12,888 Mil) and increased from Dec. 2022 ($12,888 Mil) to Dec. 2023 ($14,303 Mil).


Portland General Electric Co Gross Property, Plant and Equipment Historical Data

The historical data trend for Portland General Electric Co's Gross Property, Plant and Equipment 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 Gross Property, Plant and Equipment Chart

Portland General Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,256.00 11,403.00 12,151.00 12,888.00 14,303.00

Portland General Electric Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Property, Plant and Equipment 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 13,754.00 14,303.00 14,509.00 14,816.00 15,056.00

Portland General Electric Co Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Portland General Electric Co  (NYSE:POR) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Portland General Electric Co Gross Property, Plant and Equipment 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
Larry Neal Bekkedahl officer: Sr. Vice President 121 SW SALMON STREET, PORTLAND OR 97204
Benjamin Felton officer: EVP, COO 121 SW SALMON STREET, PORTLAND OR 97204
Maria Angelica Espinosa officer: V. P., General Counsel 121 SW SALMON ST., 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
Trpik Joseph R Jr officer: SVP, Finance CFO 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
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