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Side-by-side financial comparison of Amcor (AMCR) and PG&E Corporation (PCG). Click either name above to swap in a different company.

PG&E Corporation is the larger business by last-quarter revenue ($6.9B vs $5.4B, roughly 1.3× Amcor). PG&E Corporation runs the higher net margin — 12.9% vs 3.2%, a 9.6% gap on every dollar of revenue. On growth, Amcor posted the faster year-over-year revenue change (68.1% vs 15.0%). Over the past eight quarters, Amcor's revenue compounded faster (26.4% CAGR vs 7.2%).

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The Rigid Packaging segment offers rigid containers for a range of beverage and food products, incl...

Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered at Kaiser Center, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.

AMCR vs PCG — Head-to-Head

Bigger by revenue
PCG
PCG
1.3× larger
PCG
$6.9B
$5.4B
AMCR
Growing faster (revenue YoY)
AMCR
AMCR
+53.1% gap
AMCR
68.1%
15.0%
PCG
Higher net margin
PCG
PCG
9.6% more per $
PCG
12.9%
3.2%
AMCR
Faster 2-yr revenue CAGR
AMCR
AMCR
Annualised
AMCR
26.4%
7.2%
PCG

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AMCR
AMCR
PCG
PCG
Revenue
$5.4B
$6.9B
Net Profit
$177.0M
$885.0M
Gross Margin
19.1%
Operating Margin
6.1%
21.4%
Net Margin
3.2%
12.9%
Revenue YoY
68.1%
15.0%
Net Profit YoY
8.6%
39.6%
EPS (diluted)
$0.38
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMCR
AMCR
PCG
PCG
Q1 26
$6.9B
Q4 25
$5.4B
$6.8B
Q3 25
$5.7B
$6.3B
Q2 25
$5.1B
$5.9B
Q1 25
$3.3B
$6.0B
Q4 24
$3.2B
$6.6B
Q3 24
$3.4B
$5.9B
Q2 24
$3.5B
$6.0B
Net Profit
AMCR
AMCR
PCG
PCG
Q1 26
$885.0M
Q4 25
$177.0M
$670.0M
Q3 25
$262.0M
$850.0M
Q2 25
$-39.0M
$549.0M
Q1 25
$196.0M
$634.0M
Q4 24
$163.0M
$674.0M
Q3 24
$191.0M
$579.0M
Q2 24
$257.0M
$524.0M
Gross Margin
AMCR
AMCR
PCG
PCG
Q1 26
Q4 25
19.1%
Q3 25
19.6%
Q2 25
17.6%
Q1 25
19.6%
Q4 24
19.3%
Q3 24
19.7%
Q2 24
21.3%
Operating Margin
AMCR
AMCR
PCG
PCG
Q1 26
21.4%
Q4 25
6.1%
18.0%
Q3 25
8.0%
19.3%
Q2 25
1.7%
18.6%
Q1 25
9.4%
20.4%
Q4 24
9.2%
15.4%
Q3 24
9.3%
17.3%
Q2 24
11.2%
18.9%
Net Margin
AMCR
AMCR
PCG
PCG
Q1 26
12.9%
Q4 25
3.2%
9.8%
Q3 25
4.6%
13.6%
Q2 25
-0.8%
9.3%
Q1 25
5.9%
10.6%
Q4 24
5.0%
10.2%
Q3 24
5.7%
9.7%
Q2 24
7.3%
8.8%
EPS (diluted)
AMCR
AMCR
PCG
PCG
Q1 26
$0.39
Q4 25
$0.38
$0.29
Q3 25
$0.11
$0.37
Q2 25
$-0.06
$0.24
Q1 25
$0.14
$0.28
Q4 24
$0.11
$0.30
Q3 24
$0.13
$0.27
Q2 24
$0.18
$0.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMCR
AMCR
PCG
PCG
Cash + ST InvestmentsLiquidity on hand
$1.1B
Total DebtLower is stronger
$14.6B
Stockholders' EquityBook value
$11.6B
Total Assets
$37.0B
Debt / EquityLower = less leverage
1.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMCR
AMCR
PCG
PCG
Q1 26
Q4 25
$1.1B
$713.0M
Q3 25
$825.0M
$404.0M
Q2 25
$827.0M
$494.0M
Q1 25
$2.0B
$2.0B
Q4 24
$445.0M
$940.0M
Q3 24
$432.0M
$895.0M
Q2 24
$588.0M
$1.3B
Total Debt
AMCR
AMCR
PCG
PCG
Q1 26
Q4 25
$14.6B
$57.4B
Q3 25
$12.8B
Q2 25
$13.8B
Q1 25
$8.6B
Q4 24
$6.8B
$53.6B
Q3 24
$7.2B
Q2 24
$6.6B
Stockholders' Equity
AMCR
AMCR
PCG
PCG
Q1 26
Q4 25
$11.6B
$32.5B
Q3 25
$11.7B
$32.0B
Q2 25
$11.7B
$31.2B
Q1 25
$3.9B
$30.7B
Q4 24
$3.8B
$30.1B
Q3 24
$3.9B
$26.8B
Q2 24
$3.9B
$26.3B
Total Assets
AMCR
AMCR
PCG
PCG
Q1 26
Q4 25
$37.0B
$141.6B
Q3 25
$37.1B
$138.2B
Q2 25
$37.1B
$136.4B
Q1 25
$18.0B
$135.4B
Q4 24
$16.2B
$133.7B
Q3 24
$16.9B
$132.3B
Q2 24
$16.5B
$130.8B
Debt / Equity
AMCR
AMCR
PCG
PCG
Q1 26
Q4 25
1.26×
1.76×
Q3 25
1.09×
Q2 25
1.18×
Q1 25
2.24×
Q4 24
1.81×
1.78×
Q3 24
1.83×
Q2 24
1.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMCR
AMCR
PCG
PCG
Operating Cash FlowLast quarter
$503.0M
Free Cash FlowOCF − Capex
$282.0M
FCF MarginFCF / Revenue
5.2%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
2.84×
TTM Free Cash FlowTrailing 4 quarters
$805.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMCR
AMCR
PCG
PCG
Q1 26
Q4 25
$503.0M
$2.0B
Q3 25
$-133.0M
$2.9B
Q2 25
$1.1B
$1.1B
Q1 25
$117.0M
$2.8B
Q4 24
$428.0M
$1.9B
Q3 24
$-269.0M
$3.1B
Q2 24
$943.0M
$711.0M
Free Cash Flow
AMCR
AMCR
PCG
PCG
Q1 26
Q4 25
$282.0M
$-1.2B
Q3 25
$-371.0M
$-80.0M
Q2 25
$894.0M
$-2.0B
Q1 25
$0
$213.0M
Q4 24
$330.0M
$-896.0M
Q3 24
$-414.0M
$526.0M
Q2 24
$809.0M
$-1.6B
FCF Margin
AMCR
AMCR
PCG
PCG
Q1 26
Q4 25
5.2%
-17.6%
Q3 25
-6.5%
-1.3%
Q2 25
17.6%
-34.0%
Q1 25
0.0%
3.6%
Q4 24
10.2%
-13.5%
Q3 24
-12.3%
8.9%
Q2 24
22.9%
-26.5%
Capex Intensity
AMCR
AMCR
PCG
PCG
Q1 26
Q4 25
4.1%
46.4%
Q3 25
4.1%
46.9%
Q2 25
4.3%
52.0%
Q1 25
3.5%
44.0%
Q4 24
3.0%
42.6%
Q3 24
4.3%
43.8%
Q2 24
3.8%
38.4%
Cash Conversion
AMCR
AMCR
PCG
PCG
Q1 26
Q4 25
2.84×
2.93×
Q3 25
-0.51×
3.35×
Q2 25
1.93×
Q1 25
0.60×
4.49×
Q4 24
2.63×
2.87×
Q3 24
-1.41×
5.41×
Q2 24
3.67×
1.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMCR
AMCR

Flexibles Segment$3.2B59%
Rigid Packaging Segment$2.3B42%

PCG
PCG

Electric$5.0B72%
Other$1.9B28%

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