Pg&E annual net debt
2008
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2021
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2024
2025
Pg&E Net Debt Growth & History (PCG)
Pg&E's net debt was $60.62B for fiscal 2025.
View full Pg&E company overviewPg&E annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $60.62B | $3.22B | +5.61% |
| 2024 | 2024-12-31 | $57.40B | $300.0M | +0.53% |
| 2023 | 2023-12-31 | $57.10B | $4.29B | +8.13% |
| 2022 | 2022-12-31 | $52.80B | $6.93B | +15.10% |
| 2021 | 2021-12-31 | $45.88B | $3.76B | +8.93% |
| 2020 | 2020-12-31 | $42.12B | $41.41B | +5840.06% |
| 2019 | 2019-12-31 | $709.0M | −$19.62B | −96.51% |
| 2018 | 2018-12-31 | $20.33B | $1.65B | +8.81% |
| 2017 | 2017-12-31 | $18.68B | $421.0M | +2.31% |
| 2016 | 2016-12-31 | $18.26B | $1.28B | +7.53% |
| 2015 | 2015-12-31 | $16.98B | $1.45B | +9.33% |
| 2014 | 2014-12-31 | $15.53B | $951.0M | +6.52% |
| 2013 | 2013-12-31 | $14.58B | $1.45B | +11.03% |
| 2012 | 2012-12-31 | $13.13B | −$65.0M | −0.49% |
| 2011 | 2011-12-31 | $13.20B | $639.0M | +5.09% |
| 2010 | 2010-12-31 | $12.56B | $1.53B | +13.87% |
| 2009 | 2009-12-31 | $11.03B | $1.04B | +10.41% |
| 2008 | 2008-12-31 | $9.99B | — | — |
Pg&E quarterly net debt
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Q2.09
Q3.09
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Q2.22
Q3.22
Q4.22
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Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $63.73B | $4.55B | +7.69% |
| Q1 2026 | 2026-03-31 | $61.81B | $3.87B | +6.67% |
| Q4 2025 | 2025-12-31 | $60.62B | $3.22B | +5.61% |
| Q3 2025 | 2025-09-30 | $59.39B | $253.0M | +0.43% |
| Q2 2025 | 2025-06-30 | $59.18B | −$115.0M | −0.19% |
| Q1 2025 | 2025-03-31 | $57.95B | $35.0M | +0.06% |
| Q4 2024 | 2024-12-31 | $57.40B | $300.0M | +0.53% |
| Q3 2024 | 2024-09-30 | $59.14B | $3.77B | +6.80% |
| Q2 2024 | 2024-06-30 | $59.30B | $4.39B | +7.99% |
| Q1 2024 | 2024-03-31 | $57.91B | $3.76B | +6.95% |
| Q4 2023 | 2023-12-31 | $57.10B | $4.29B | +8.13% |
| Q3 2023 | 2023-09-30 | $55.37B | $3.63B | +7.02% |
| Q2 2023 | 2023-06-30 | $54.91B | $5.43B | +10.98% |
| Q1 2023 | 2023-03-31 | $54.15B | $7.66B | +16.47% |
| Q4 2022 | 2022-12-31 | $52.80B | $6.93B | +15.10% |
| Q3 2022 | 2022-09-30 | $51.74B | $7.88B | +17.95% |
| Q2 2022 | 2022-06-30 | $49.48B | $5.72B | +13.07% |
| Q1 2022 | 2022-03-31 | $46.49B | $4.29B | +10.16% |
| Q4 2021 | 2021-12-31 | $45.88B | $3.76B | +8.93% |
| Q3 2021 | 2021-09-30 | $43.87B | $3.69B | +9.20% |
| Q2 2021 | 2021-06-30 | $43.76B | $6.93B | +18.81% |
| Q1 2021 | 2021-03-31 | $42.20B | $19.78B | +88.19% |
| Q4 2020 | 2020-12-31 | $42.12B | $41.41B | +5840.06% |
| Q3 2020 | 2020-09-30 | $40.17B | $40.72B | — |
| Q2 2020 | 2020-06-30 | $36.83B | $37.63B | — |
| Q1 2020 | 2020-03-31 | $22.43B | $22.66B | — |
| Q4 2019 | 2019-12-31 | $709.0M | −$19.62B | −96.51% |
| Q3 2019 | 2019-09-30 | −$543.0M | −$19.46B | — |
| Q2 2019 | 2019-06-30 | −$806.0M | −$19.54B | — |
| Q1 2019 | 2019-03-31 | −$236.0M | −$18.86B | — |
| Q4 2018 | 2018-12-31 | $20.33B | $1.65B | +8.81% |
| Q3 2018 | 2018-09-30 | $18.92B | $923.0M | +5.13% |
| Q2 2018 | 2018-06-30 | $18.74B | $420.0M | +2.29% |
| Q1 2018 | 2018-03-31 | $18.62B | $512.0M | +2.83% |
| Q4 2017 | 2017-12-31 | $18.68B | $421.0M | +2.31% |
| Q3 2017 | 2017-09-30 | $18.00B | $235.0M | +1.32% |
| Q2 2017 | 2017-06-30 | $18.32B | $293.0M | +1.63% |
| Q1 2017 | 2017-03-31 | $18.11B | $879.0M | +5.10% |
| Q4 2016 | 2016-12-31 | $18.26B | $1.28B | +7.53% |
| Q3 2016 | 2016-09-30 | $17.76B | $1.49B | +9.16% |
| Q2 2016 | 2016-06-30 | $18.02B | $1.71B | +10.51% |
| Q1 2016 | 2016-03-31 | $17.23B | $1.47B | +9.33% |
| Q4 2015 | 2015-12-31 | $16.98B | $1.45B | +9.33% |
| Q3 2015 | 2015-09-30 | $16.27B | $1.43B | +9.63% |
| Q2 2015 | 2015-06-30 | $16.31B | $1.02B | +6.71% |
| Q1 2015 | 2015-03-31 | $15.76B | $975.0M | +6.59% |
| Q4 2014 | 2014-12-31 | $15.53B | $951.0M | +6.52% |
| Q3 2014 | 2014-09-30 | $14.84B | $964.0M | +6.95% |
| Q2 2014 | 2014-06-30 | $15.29B | $1.41B | +10.16% |
| Q1 2014 | 2014-03-31 | $14.79B | $1.66B | +12.64% |
| Q4 2013 | 2013-12-31 | $14.58B | $1.45B | +11.03% |
| Q3 2013 | 2013-09-30 | $13.88B | $862.0M | +6.62% |
| Q2 2013 | 2013-06-30 | $13.88B | $923.0M | +7.13% |
| Q1 2013 | 2013-03-31 | $13.13B | $167.0M | +1.29% |
| Q4 2012 | 2012-12-31 | $13.13B | −$65.0M | −0.49% |
| Q3 2012 | 2012-09-30 | $13.02B | $590.0M | +4.75% |
| Q2 2012 | 2012-06-30 | $12.95B | $308.0M | +2.44% |
| Q1 2012 | 2012-03-31 | $12.96B | $418.0M | +3.33% |
| Q4 2011 | 2011-12-31 | $13.20B | $639.0M | +5.09% |
| Q3 2011 | 2011-09-30 | $12.43B | $470.0M | +3.93% |
| Q2 2011 | 2011-06-30 | $12.64B | $1.08B | +9.33% |
| Q1 2011 | 2011-03-31 | $12.54B | $826.0M | +7.05% |
| Q4 2010 | 2010-12-31 | $12.56B | $1.53B | +13.87% |
| Q3 2010 | 2010-09-30 | $11.96B | $1.98B | +19.79% |
| Q2 2010 | 2010-06-30 | $11.57B | $976.0M | +9.22% |
| Q1 2010 | 2010-03-31 | $11.72B | — | — |
| Q4 2009 | 2009-12-31 | $11.03B | $1.04B | +10.41% |
| Q3 2009 | 2009-09-30 | $9.98B | — | — |
| Q2 2009 | 2009-06-30 | $10.59B | — | — |
| Q4 2008 | 2008-12-31 | $9.99B | — | — |
Pg&E net debt trends
Over the last five fiscal years, Pg&E's net debt increased from $42.12B to $60.62B, a change of $18.50B. The latest reported quarter, Q2 2026, shows $63.73B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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