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MARKETS / COMPARE / PCG VS XEL

PCG vs XEL

PG&E Corp. and Xcel Energy Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

PCG vs XEL, at a glance
Metric PCG XEL
Revenue$24.9B$14.7B
Net income$2.7B$2.0B
Gross margin··
Net margin10.8%13.8%
Return on equity8.6%9.4%
Diluted EPS$1.18$3.42
Dividend / share·$2.28
Payout ratio·63.5%
Free cash flow$-3.1B$-6.8B
Equity$32.5B$23.6B
Net debt / equity1.77×1.40×
Current ratio0.97×0.71×
Revenue CAGR 5y6.2%4.9%
Profit CAGR 5y·6.5%

PCG bills 1.7× the revenue of XEL, and XEL keeps more of each dollar of revenue as profit (13.8% 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.

Revenue by year

10 years side by side

PCG vs XEL, revenue by year
Fiscal year PCG XEL
FY2025$24.9B$14.7B
FY2024$24.4B$13.4B
FY2023$24.4B$14.2B
FY2022$21.7B$15.3B
FY2021$20.6B$13.4B
FY2020$18.5B$11.5B
FY2019$17.1B$11.5B
FY2018$16.8B$11.5B
FY2017$17.1B$11.4B
FY2016$17.7B$11.1B
Net income by year

Bottom line

PCG vs XEL, net income by year
Fiscal year PCG XEL
FY2025$2.7B$2.0B
FY2024$2.5B$1.9B
FY2023$2.3B$1.8B
FY2022$1.8B$1.7B
FY2021$-88.0M$1.6B
FY2020$-1.3B$1.5B
FY2019$-7.6B$1.4B
FY2018$-6.8B$1.3B
FY2017$1.7B$1.1B
FY2016$1.4B$1.1B
Revenue gap over time

19 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025+$10,266,000,000PCG
FY2024+$10,978,000,000PCG
FY2023+$10,222,000,000PCG
FY2022+$6,370,000,000PCG
FY2021+$7,211,000,000PCG
FY2020+$6,943,000,000PCG
FY2019+$5,600,000,000PCG
FY2018+$5,222,000,000PCG
FY2017+$5,731,000,000PCG
FY2016+$6,559,000,000PCG
FY2015+$5,809,000,000PCG
FY2014+$5,403,865,000PCG
FY2013+$4,683,078,000PCG
FY2012+$4,911,777,000PCG
FY2011+$4,301,230,000PCG
FY2010+$3,530,053,000PCG
FY2009+$3,754,697,000PCG
FY2008+$3,424,844,000PCG
FY2007+$3,202,830,000PCG

PCG has reported the higher revenue in every one of these 19 fiscal years. The gap has widened since the earliest year compared.

19 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

19 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025−2.9 ppXEL
FY2024−4.1 ppXEL
FY2023−3.2 ppXEL
FY2022−3.0 ppXEL
FY2021−12.3 ppXEL
FY2020−19.8 ppXEL
FY2019−56.5 ppXEL
FY2018−51.7 ppXEL
FY2017−0.4 ppXEL
FY2016−2.1 ppXEL
FY2015−3.7 ppXEL
FY2014−0.3 ppXEL
FY2013−3.4 ppXEL
FY2012−3.4 ppXEL
FY2011−2.2 ppXEL
FY2010+0.7 ppPCG
FY2009+2.1 ppPCG
FY2008+3.5 ppPCG
FY2007+2.0 ppPCG

The higher net margin has changed hands between PCG and XEL over this period.

19 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

PCG's net margin has been more volatile than XEL's over the 19 comparable fiscal years — 15.7 percentage points of standard deviation against 2.5.

19 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between PCG and XEL over these 19 fiscal years — PCG led in 4 and XEL in 15.

19 of 19 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

PCG's return on equity has been more volatile than XEL's over the 18 comparable fiscal years — 24.2 percentage points of standard deviation against 0.5.

18 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between PCG and XEL over these 18 fiscal years — PCG led in 3 and XEL in 15.

18 of 19 comparable fiscal years — a year missing data on either side is not counted.

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