Is PG&E Corp financially healthy?

PG&E Corp scores 4 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of PG&E Corp?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), FMR LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

PG&E Corp (PCG)

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parent and holding company of Pacific Gas and Electric Company

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

4 / 8

PASSReturn on assets positiveROA 1.9%
PASSOperating cash flow positiveOCF 8.7B
PASSReturn on assets improving1.9% → 1.9%
PASSCash flow exceeds earningsOCF 8.7B vs NI 2.7B
FAILLong-term debt ratio falling40.1% → 40.5% of assets
FAILCurrent ratio improving1.05 → 0.97
FAILNo share dilution2.1B → 2.2B shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving0.18× → 0.18×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$18.5B	−$1.3B	−$26.8B	—	1,257,000,000
FY2021	$20.6B	−$88.0M	−$5.4B	—	1,985,000,000
FY2022	$21.7B	$1.8B	−$5.9B	—	2,132,000,000
FY2023	$24.4B	$2.3B	−$5.0B	—	2,138,000,000
FY2024	$24.4B	$2.5B	−$2.3B	—	2,147,000,000
FY2025

Ownership flow

15 institutions tracked — 9 added, 4 reduced, 2 opened a new position.

Institutional holders of PG&E Corp and their share-count change
Manager	Kind	Shares	Change	Value
BlackRock, Inc.	Index	205,674,509	+7,394,701	$3.5B
Bridgewater Associates, LP	Hedge fund	5,931,314	+5,906,783	$99.8M
WELLINGTON MANAGEMENT GROUP LLP	Active fund	6,347,881	−5,841,195	$112.1M
MORGAN STANLEY	Active fund	23,794,112	+5,363,778	$412.0M

Identity

CIK: 0001004980
FIGI: BBG000BQWPC5
SIC: 4931 · Electric & Other Services Combined
Incorporated: CA
Headquarters: OAKLAND, CA
Founded: 1995-00-00

Ownership

Institutional: 104.3%
Institutions: 1,298
Insiders: 0.2%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Questions about PG&E Corp

Is PG&E Corp financially healthy?: PG&E Corp scores 4 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of PG&E Corp?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), FMR LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.