PG&E Corp (PCG)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 95.52% | 96.06% | 97.13% | 97.81% | 98.41% | 104.00% | 102.14% | 100.30% | 98.34% | 92.83% | 94.47% | 96.30% | 98.38% | 99.37% | 99.37% | 99.35% | 97.24% | 88.41% | 86.19% | 86.48% |
| Operating profit margin | 10.93% | 7.32% | 8.94% | 8.74% | 8.47% | 10.89% | 8.91% | 9.74% | 9.12% | 7.92% | 8.77% | 7.34% | 9.50% | -16.87% | -32.19% | -55.74% | -58.93% | -93.98% | -75.55% | -60.86% |
| Pretax margin | 2.86% | 0.18% | 2.11% | 1.93% | 2.20% | 4.57% | 3.06% | 4.59% | 3.62% | 2.87% | 2.71% | -6.56% | -5.10% | -34.74% | -48.05% | -62.27% | -64.46% | -95.92% | -77.91% | -63.65% |
| Net profit margin | 9.24% | 8.13% | 8.79% | 8.64% | 8.37% | 8.23% | 1.04% | 1.23% | -0.43% | -1.72% | 4.07% | -8.13% | -7.06% | -28.71% | -38.50% | -42.86% | -44.61% | -67.03% | -53.60% | -43.02% |
PG&E Corp.'s profitability ratios exhibit a relatively stable performance over the past eight quarters. The gross profit margin has shown a slight fluctuation, ranging from 76.32% to 82.82%, indicating the company's ability to efficiently generate revenue after accounting for direct costs of production.
Similarly, the operating profit margin has shown an upward trend, improving from 10.13% to 16.38%. This suggests that PG&E Corp. has effectively managed its operating expenses to enhance profitability.
The pretax margin has fluctuated between 0.18% and 4.59%, indicating variability in the company's ability to generate profit before accounting for taxes. The net profit margin, however, has shown more consistency, ranging from 8.07% to 9.18%, indicating that the company has been able to effectively manage taxes and other expenses to retain a significant portion of its revenue as net income.
Overall, PG&E Corp. has demonstrated a relatively stable and healthy profitability performance over the analyzed quarters.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 2.12% | 1.35% | 1.65% | 1.61% | 1.55% | 2.01% | 1.70% | 2.04% | 1.82% | 1.60% | 1.75% | 1.42% | 1.79% | -3.15% | -5.22% | -11.11% | -11.85% | -17.83% | -14.56% | -12.29% |
| Return on assets (ROA) | 1.79% | 1.50% | 1.62% | 1.60% | 1.53% | 1.52% | 0.20% | 0.26% | -0.09% | -0.35% | 0.81% | -1.58% | -1.33% | -5.36% | -6.25% | -8.54% | -8.97% | -12.71% | -10.33% | -8.68% |
| Return on total capital | 3.51% | 2.24% | 2.69% | 2.69% | 2.60% | 3.35% | 3.12% | 3.93% | 3.84% | 3.64% | 3.46% | -0.02% | 0.26% | -8.08% | -18.93% | -35.01% | -197.20% | -175.25% | -119.12% | -78.78% |
| Return on equity (ROE) | 9.01% | 7.67% | 8.24% | 8.18% | 7.95% | 7.97% | 1.04% | 1.25% | -0.42% | -1.76% | 3.78% | -7.36% | -6.21% | -24.61% | -192.25% | -134.45% | -148.79% | -124.71% | -84.27% | -55.49% |
PG&E Corp.'s profitability ratios have shown a positive trend over the past eight quarters. The operating return on assets (Operating ROA) has improved steadily from 2.17% in Q3 2022 to 3.18% in Q4 2023, indicating effective management of assets to generate operating profits. The Return on assets (ROA) has also shown a similar upward trend, increasing from 1.50% in Q3 2022 to 1.78% in Q4 2023, reflecting the company's ability to generate profits from its total assets.
Furthermore, the Return on total capital has shown consistent improvement, reaching 4.87% in Q4 2023 from 3.14% in Q2 2022, suggesting that the company is effectively utilizing both equity and debt to generate returns for its capital providers. The Return on equity (ROE) has also demonstrated a positive trajectory, increasing from 0.97% in Q2 2022 to 8.95% in Q4 2023, highlighting the company's efficiency in generating profits for its shareholders.
Overall, the profitability ratios of PG&E Corp. show a favorable performance, indicating effective management of assets, capital, and equity to generate profits for the company and its stakeholders.