PG&E Corp

For the period ended Dec 31, 2024. Filed Feb 13, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 13, 2025

PCG$13.23+0.7%Stored close · as of Nov 10, 2026

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Contents

CONSOLIDATED STATEMENTS OF INCOME

(in millions, except per share amounts)

	Year ended December 31,
	2024	2023	2022
Operating Revenues
Electric	$17,811	$17,424	$15,060
Natural gas	6,608	7,004	6,620
Total operating revenues	24,419	24,428	21,680
Operating Expenses
Cost of electricity	2,261	2,443	2,756
Cost of natural gas	1,192	1,754	2,100
Operating and maintenance	11,808	11,924	9,809
SB 901 securitization charges, net	33	1,267	608
Wildfire-related claims, net of recoveries	94	64	237
Wildfire Fund expense	383	567	477
Depreciation, amortization, and decommissioning	4,189	3,738	3,856
Total operating expenses	19,960	21,757	19,843
Operating Income	4,459	2,671	1,837
Interest income	604	606	162
Interest expense	(3,051)	(2,850)	(1,917)
Other income, net	300	272	394
Income Before Income Taxes	2,312	699	476
Income tax benefit	(200)	(1,557)	(1,338)
Net Income	2,512	2,256	1,814
Preferred stock dividend requirement	37	14	14
Income Available for Common Shareholders	$2,475	$2,242	$1,800
Weighted Average Common Shares Outstanding, Basic	2,141	2,064	1,987
Weighted Average Common Shares Outstanding, Diluted	2,147	2,138	2,132
Net Income Per Common Share, Basic	$1.16	$1.09	$0.91
Net Income Per Common Share, Diluted	$1.15	$1.05	$0.84

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.