PCG vs WEC
PG&E Corp. and WEC Energy Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PCG | WEC |
|---|---|---|
| Revenue | $24.9B | $9.8B |
| Net income | $2.7B | $1.6B |
| Gross margin | · | 66.7% |
| Net margin | 10.8% | 15.9% |
| Return on equity | 8.6% | 11.6% |
| Diluted EPS | $1.18 | $4.81 |
| Dividend / share | · | $3.57 |
| Payout ratio | · | 73.8% |
| Free cash flow | $-3.1B | · |
| Equity | $32.5B | · |
| Net debt / equity | 1.77× | 1.42× |
| Current ratio | 0.97× | 0.59× |
| Revenue CAGR 5y | 6.2% | 6.2% |
| Profit CAGR 5y | · | 5.3% |
PCG bills 2.5× the revenue of WEC, and WEC keeps more of each dollar of revenue as profit (15.9% against 10.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | PCG | WEC |
|---|---|---|
| FY2025 | $24.9B | $9.8B |
| FY2024 | $24.4B | $8.6B |
| FY2023 | $24.4B | $8.9B |
| FY2022 | $21.7B | $9.6B |
| FY2021 | $20.6B | $8.3B |
| FY2020 | $18.5B | $7.2B |
| FY2019 | $17.1B | $7.5B |
| FY2018 | $16.8B | $7.7B |
| FY2017 | $17.1B | $7.6B |
| FY2016 | $17.7B | $7.5B |
Bottom line
| Fiscal year | PCG | WEC |
|---|---|---|
| FY2025 | $2.7B | $1.6B |
| FY2024 | $2.5B | $1.5B |
| FY2023 | $2.3B | $1.3B |
| FY2022 | $1.8B | $1.4B |
| FY2021 | $-88.0M | $1.3B |
| FY2020 | $-1.3B | $1.2B |
| FY2019 | $-7.6B | $1.1B |
| FY2018 | $-6.8B | $1.1B |
| FY2017 | $1.7B | $1.2B |
| FY2016 | $1.4B | $939.0M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$15,134,900,000 | PCG |
| FY2024 | +$15,819,100,000 | PCG |
| FY2023 | +$15,535,000,000 | PCG |
| FY2022 | +$12,082,600,000 | PCG |
| FY2021 | +$12,326,000,000 | PCG |
| FY2020 | +$11,227,300,000 | PCG |
| FY2019 | +$9,605,900,000 | PCG |
| FY2018 | +$9,079,500,000 | PCG |
| FY2017 | +$9,486,500,000 | PCG |
| FY2016 | +$10,193,700,000 | PCG |
| FY2015 | +$10,906,900,000 | PCG |
| FY2014 | +$12,092,900,000 | PCG |
| FY2013 | +$11,079,000,000 | PCG |
| FY2012 | +$10,793,600,000 | PCG |
| FY2011 | +$10,469,600,000 | PCG |
PCG has reported the higher revenue in every one of these 15 fiscal years. The gap has widened since the earliest year compared.
15 of 19 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −5.0 pp | WEC |
| FY2024 | −7.4 pp | WEC |
| FY2023 | −5.7 pp | WEC |
| FY2022 | −6.3 pp | WEC |
| FY2021 | −16.0 pp | WEC |
| FY2020 | −23.7 pp | WEC |
| FY2019 | −59.7 pp | WEC |
| FY2018 | −54.6 pp | WEC |
| FY2017 | −6.1 pp | WEC |
| FY2015 | −5.5 pp | WEC |
| FY2014 | −3.3 pp | WEC |
| FY2013 | −7.5 pp | WEC |
| FY2012 | −7.3 pp | WEC |
| FY2011 | −6.0 pp | WEC |
WEC has kept the higher net margin in every one of these 14 fiscal years.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PCG's net margin has been more volatile than WEC's over the 14 comparable fiscal years — 17.6 percentage points of standard deviation against 2.0.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
WEC led in net margin in every one of the 14 comparable fiscal years — a structural lead, not a recent swing.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PCG's return on equity has been more volatile than WEC's over the 19 comparable fiscal years — 23.7 percentage points of standard deviation against 1.1.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between PCG and WEC over these 19 fiscal years — PCG led in 3 and WEC in 16.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.