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Portland General Electric CoPOR +1.05%82 3-Year ROIIC % is 5.35 as of Dec. 2025, which is 16% above its 10-year median of 4.61. GuruFocus rates POR with a GF Score™ of 82/100 and a GF Value™ of $44.16 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 478 Utilities - Regulated companies, Portland General Electric Co ranks better than 57.11% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Portland General Electric Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 5.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Portland General Electric Co (NYSE:POR) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Portland General Electric Co 3-Year ROIIC % Related Terms
Portland General Electric Co 3-Year ROIIC % Historical Data
* 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.
For the Utilities - Regulated Electric subindustry, Portland General Electric Co's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Portland General Electric Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Portland General Electric Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 473.082 (Dec. 2025) - 340.0702 (Dec. 2022) )
/
( 12670 (Dec. 2025) - 10186 (Dec. 2022) )
=
133.0118
/
2484
=
5.35%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Portland General Electric Co (POR) has a 3-Year ROIIC % of 5.35 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Portland General Electric Co and its competitors. This is 16% above median its historical median of 4.61. Over the past decade, Portland General Electric Co's 3-Year ROIIC % has ranged from 0.65 to 8.45. According to the industry distribution chart, Portland General Electric Co ranks #205 out of 478 companies in the Utilities - Regulated industry, placing it in the top 42.9%.
Is Portland General Electric Co's 3-Year ROIIC % too high?
Portland General Electric Co's current 3-Year ROIIC % of 5.35 is 16% above median its 10-year median of 4.61. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 8.45. The Utilities - Regulated industry median 3-Year ROIIC % is 3.70. Portland General Electric Co's value of 5.35 is 44.6% above this industry median. Based on the distribution chart, Portland General Electric Co ranks #205 out of 478 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Portland General Electric Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Portland General Electric Co's 3-Year ROIIC % compare to TXNM and NWE?
According to the Utilities - Regulated industry distribution chart, Portland General Electric Co ranks #205 out of 478 companies for 3-Year ROIIC %. This puts Portland General Electric Co in the upper half of its industry. The industry median 3-Year ROIIC % is 3.70. Portland General Electric Co's value of 5.35 is 44.6% above this benchmark. Historically, Portland General Electric Co's own 3-Year ROIIC % has ranged from 0.65 to 8.45 over the past decade. While the company's 10-year median is 4.61 vs. the industry median of 3.70, Portland General Electric Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Utilities - Regulated company?
The median 3-Year ROIIC % among Utilities - Regulated companies is 3.70, based on 478 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Portland General Electric Co's current 3-Year ROIIC % of 5.35 is 44.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Portland General Electric Co and its competitors. For the Utilities - Regulated industry, the median 3-Year ROIIC % is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Portland General Electric Co's current 3-Year ROIIC % is 5.35, which is 16% above median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Portland General Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Portland General Electric Co (POR) is currently considered Modestly Overvalued. The stock's GF Value™ is $44.16, compared to a current price of $49.05 — trading 11.1% above its estimated fair value. The current 3-Year ROIIC % is 5.35, which is 16% above median its 10-year median of 4.61 and 44.6% above the Utilities - Regulated industry median of 3.70. Portland General Electric Co's overall GF Score™ is 82/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Portland General Electric Co (POR), the current 3-Year ROIIC % is 5.35 as of Dec. 2025. 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 Portland General Electric Co (POR) Overvalued in 2026?
Based on GuruFocus' analysis, Portland General Electric Co stock appears to be overvalued.
The current stock price of $49.05 is trading 11.1% above its estimated GF Value™ of $44.16.
GuruFocus considers Portland General Electric Co to be Modestly Overvalued.
Key valuation signals for POR:
3-Year ROIIC %: 5.35 (16% above median its 10-year median of 4.61)
GF Value™: $44.16 vs. price of $49.05 (11.1% above fair value)
Industry Position: 44.6% above the Utilities - Regulated median (#205 of 478)
No single metric tells the full story. See the POR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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) 3.6 gigawatts of gas, coal, wind, and hydro generation, along with 300 megawatts of energy storage. In February 2026, PGE proposed acquiring utilities in Washington state from Berkshire Hathaway Energy.
82GF Score
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