Pg&E annual capital expenditures (capex)
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2025
Pg&E Capital Expenditures (CapEx) Growth & History (PCG)
Pg&E's capital expenditures (capex) was $11.79B for fiscal 2025.
View full Pg&E company overviewPg&E annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $11.79B | $1.42B | +13.68% |
| 2024 | 2024-12-31 | $10.37B | $655.0M | +6.74% |
| 2023 | 2023-12-31 | $9.71B | $130.0M | +1.36% |
| 2022 | 2022-12-31 | $9.58B | $1.90B | +24.65% |
| 2021 | 2021-12-31 | $7.69B | −$1.0M | −0.01% |
| 2020 | 2020-12-31 | $7.69B | $1.38B | +21.81% |
| 2019 | 2019-12-31 | $6.31B | −$201.0M | −3.09% |
| 2018 | 2018-12-31 | $6.51B | $873.0M | +15.48% |
| 2017 | 2017-12-31 | $5.64B | −$68.0M | −1.19% |
| 2016 | 2016-12-31 | $5.71B | $536.0M | +10.36% |
| 2015 | 2015-12-31 | $5.17B | $340.0M | +7.03% |
| 2014 | 2014-12-31 | $4.83B | −$374.0M | −7.18% |
| 2013 | 2013-12-31 | $5.21B | $583.0M | +12.61% |
| 2012 | 2012-12-31 | $4.62B | $586.0M | +14.51% |
| 2011 | 2011-12-31 | $4.04B | $236.0M | +6.21% |
| 2010 | 2010-12-31 | $3.80B | −$156.0M | −3.94% |
| 2009 | 2009-12-31 | $3.96B | $330.0M | +9.10% |
| 2008 | 2008-12-31 | $3.63B | $859.0M | +31.02% |
| 2007 | 2007-12-31 | $2.77B | — | — |
Pg&E quarterly capital expenditures (capex)
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Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.97B | −$98.0M | −3.20% |
| Q1 2026 | 2026-03-31 | $3.36B | $721.0M | +27.36% |
| Q4 2025 | 2025-12-31 | $3.16B | $328.0M | +11.60% |
| Q3 2025 | 2025-09-30 | $2.93B | $326.0M | +12.51% |
| Q2 2025 | 2025-06-30 | $3.06B | $767.0M | +33.38% |
| Q1 2025 | 2025-03-31 | $2.63B | −$3.0M | −0.11% |
| Q4 2024 | 2024-12-31 | $2.83B | — | — |
| Q3 2024 | 2024-09-30 | $2.60B | $184.0M | +7.60% |
| Q2 2024 | 2024-06-30 | $2.30B | −$94.0M | −3.93% |
| Q1 2024 | 2024-03-31 | $2.64B | $350.0M | +15.30% |
| Q3 2023 | 2023-09-30 | $2.42B | −$451.0M | −15.70% |
| Q2 2023 | 2023-06-30 | $2.39B | $163.0M | +7.31% |
| Q1 2023 | 2023-03-31 | $2.29B | −$22.0M | −0.95% |
| Q4 2022 | 2022-12-31 | $2.17B | −$48.0M | −2.16% |
| Q3 2022 | 2022-09-30 | $2.87B | $1.02B | +55.41% |
| Q2 2022 | 2022-06-30 | $2.23B | $387.0M | +21.01% |
| Q1 2022 | 2022-03-31 | $2.31B | $532.0M | +29.92% |
| Q4 2021 | 2021-12-31 | $2.22B | $6.0M | +0.27% |
| Q3 2021 | 2021-09-30 | $1.85B | −$228.0M | −10.98% |
| Q2 2021 | 2021-06-30 | $1.84B | $84.0M | +4.78% |
| Q1 2021 | 2021-03-31 | $1.78B | $137.0M | +8.35% |
| Q4 2020 | 2020-12-31 | $2.21B | $94.0M | +4.43% |
| Q3 2020 | 2020-09-30 | $2.08B | $294.0M | +16.50% |
| Q2 2020 | 2020-06-30 | $1.76B | $572.0M | +48.23% |
| Q1 2020 | 2020-03-31 | $1.64B | $417.0M | +34.07% |
| Q4 2019 | 2019-12-31 | $2.12B | $199.0M | +10.35% |
| Q3 2019 | 2019-09-30 | $1.78B | $87.0M | +5.13% |
| Q2 2019 | 2019-06-30 | $1.19B | −$241.0M | −16.89% |
| Q1 2019 | 2019-03-31 | $1.22B | −$246.0M | −16.73% |
| Q4 2018 | 2018-12-31 | $1.92B | $219.0M | +12.86% |
| Q3 2018 | 2018-09-30 | $1.70B | $231.0M | +15.78% |
| Q2 2018 | 2018-06-30 | $1.43B | $169.0M | +13.43% |
| Q1 2018 | 2018-03-31 | $1.47B | $254.0M | +20.89% |
| Q4 2017 | 2017-12-31 | $1.70B | $122.0M | +7.72% |
| Q3 2017 | 2017-09-30 | $1.46B | −$13.0M | −0.88% |
| Q2 2017 | 2017-06-30 | $1.26B | −$164.0M | −11.53% |
| Q1 2017 | 2017-03-31 | $1.22B | −$13.0M | −1.06% |
| Q4 2016 | 2016-12-31 | $1.58B | $70.0M | +4.63% |
| Q3 2016 | 2016-09-30 | $1.48B | $225.0M | +17.97% |
| Q2 2016 | 2016-06-30 | $1.42B | $203.0M | +16.65% |
| Q1 2016 | 2016-03-31 | $1.23B | $38.0M | +3.19% |
| Q4 2015 | 2015-12-31 | $1.51B | $242.0M | +19.07% |
| Q3 2015 | 2015-09-30 | $1.25B | $8.0M | +0.64% |
| Q2 2015 | 2015-06-30 | $1.22B | $96.0M | +8.55% |
| Q1 2015 | 2015-03-31 | $1.19B | −$6.0M | −0.50% |
| Q4 2014 | 2014-12-31 | $1.27B | −$57.0M | −4.30% |
| Q3 2014 | 2014-09-30 | $1.24B | −$116.0M | −8.53% |
| Q2 2014 | 2014-06-30 | $1.12B | −$149.0M | −11.71% |
| Q1 2014 | 2014-03-31 | $1.20B | −$52.0M | −4.16% |
| Q4 2013 | 2013-12-31 | $1.33B | $63.0M | +4.99% |
| Q3 2013 | 2013-09-30 | $1.36B | $218.0M | +19.09% |
| Q2 2013 | 2013-06-30 | $1.27B | $147.0M | +13.07% |
| Q1 2013 | 2013-03-31 | $1.25B | $155.0M | +14.17% |
| Q4 2012 | 2012-12-31 | $1.26B | $193.0M | +18.04% |
| Q3 2012 | 2012-09-30 | $1.14B | $71.0M | +6.63% |
| Q2 2012 | 2012-06-30 | $1.13B | $173.0M | +18.17% |
| Q1 2012 | 2012-03-31 | $1.09B | $149.0M | +15.77% |
| Q4 2011 | 2011-12-31 | $1.07B | $62.0M | +6.15% |
| Q3 2011 | 2011-09-30 | $1.07B | $63.0M | +6.25% |
| Q2 2011 | 2011-06-30 | $952.0M | $21.0M | +2.26% |
| Q1 2011 | 2011-03-31 | $945.0M | $90.0M | +10.53% |
| Q4 2010 | 2010-12-31 | $1.01B | $72.0M | +7.69% |
| Q3 2010 | 2010-09-30 | $1.01B | $63.0M | +6.67% |
| Q2 2010 | 2010-06-30 | $931.0M | −$67.0M | −6.71% |
| Q1 2010 | 2010-03-31 | $855.0M | −$224.0M | −20.76% |
| Q4 2009 | 2009-12-31 | $936.0M | — | — |
| Q3 2009 | 2009-09-30 | $945.0M | −$34.0M | −3.47% |
| Q2 2009 | 2009-06-30 | $998.0M | — | — |
| Q1 2009 | 2009-03-31 | $1.08B | — | — |
| Q3 2008 | 2008-09-30 | $979.0M | — | — |
Pg&E capital expenditures (capex) trends
Over the last five fiscal years, Pg&E's capital expenditures (capex) increased from $7.69B to $11.79B, a change of $4.10B. The latest reported quarter, Q2 2026, shows $2.97B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Pg&E source filings ↗