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Side-by-side financial comparison of Becton Dickinson (BDX) 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 $5.3B, roughly 1.3× Becton Dickinson). PG&E Corporation runs the higher net margin — 12.9% vs 7.3%, a 5.6% gap on every dollar of revenue. On growth, PG&E Corporation posted the faster year-over-year revenue change (15.0% vs -0.4%). Over the past eight quarters, PG&E Corporation's revenue compounded faster (7.2% CAGR vs 2.0%).

Becton, Dickinson and Company is an American multinational medical technology company that manufactures and sells medical devices, instrument systems, and reagents. BD also provides consulting and analytics services in certain areas.

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.

BDX vs PCG — Head-to-Head

Bigger by revenue
PCG
PCG
1.3× larger
PCG
$6.9B
$5.3B
BDX
Growing faster (revenue YoY)
PCG
PCG
+15.4% gap
PCG
15.0%
-0.4%
BDX
Higher net margin
PCG
PCG
5.6% more per $
PCG
12.9%
7.3%
BDX
Faster 2-yr revenue CAGR
PCG
PCG
Annualised
PCG
7.2%
2.0%
BDX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BDX
BDX
PCG
PCG
Revenue
$5.3B
$6.9B
Net Profit
$382.0M
$885.0M
Gross Margin
45.9%
Operating Margin
10.5%
21.4%
Net Margin
7.3%
12.9%
Revenue YoY
-0.4%
15.0%
Net Profit YoY
24.0%
39.6%
EPS (diluted)
$1.34
$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
BDX
BDX
PCG
PCG
Q1 26
$6.9B
Q4 25
$5.3B
$6.8B
Q3 25
$5.9B
$6.3B
Q2 25
$5.5B
$5.9B
Q1 25
$5.3B
$6.0B
Q4 24
$5.2B
$6.6B
Q3 24
$5.4B
$5.9B
Q2 24
$5.0B
$6.0B
Net Profit
BDX
BDX
PCG
PCG
Q1 26
$885.0M
Q4 25
$382.0M
$670.0M
Q3 25
$493.0M
$850.0M
Q2 25
$574.0M
$549.0M
Q1 25
$308.0M
$634.0M
Q4 24
$303.0M
$674.0M
Q3 24
$400.0M
$579.0M
Q2 24
$487.0M
$524.0M
Gross Margin
BDX
BDX
PCG
PCG
Q1 26
Q4 25
45.9%
Q3 25
47.5%
Q2 25
47.8%
Q1 25
42.8%
Q4 24
43.2%
Q3 24
45.7%
Q2 24
46.2%
Operating Margin
BDX
BDX
PCG
PCG
Q1 26
21.4%
Q4 25
10.5%
18.0%
Q3 25
11.8%
19.3%
Q2 25
16.0%
18.6%
Q1 25
10.4%
20.4%
Q4 24
8.8%
15.4%
Q3 24
11.4%
17.3%
Q2 24
12.1%
18.9%
Net Margin
BDX
BDX
PCG
PCG
Q1 26
12.9%
Q4 25
7.3%
9.8%
Q3 25
8.4%
13.6%
Q2 25
10.4%
9.3%
Q1 25
5.8%
10.6%
Q4 24
5.9%
10.2%
Q3 24
7.4%
9.7%
Q2 24
9.8%
8.8%
EPS (diluted)
BDX
BDX
PCG
PCG
Q1 26
$0.39
Q4 25
$1.34
$0.29
Q3 25
$1.71
$0.37
Q2 25
$2.00
$0.24
Q1 25
$1.07
$0.28
Q4 24
$1.04
$0.30
Q3 24
$1.37
$0.27
Q2 24
$1.68
$0.24

Balance Sheet & Financial Strength

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

Metric
BDX
BDX
PCG
PCG
Cash + ST InvestmentsLiquidity on hand
$740.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$25.3B
Total Assets
$54.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDX
BDX
PCG
PCG
Q1 26
Q4 25
$740.0M
$713.0M
Q3 25
$641.0M
$404.0M
Q2 25
$735.0M
$494.0M
Q1 25
$667.0M
$2.0B
Q4 24
$711.0M
$940.0M
Q3 24
$1.7B
$895.0M
Q2 24
$4.5B
$1.3B
Total Debt
BDX
BDX
PCG
PCG
Q1 26
Q4 25
$57.4B
Q3 25
Q2 25
Q1 25
Q4 24
$53.6B
Q3 24
Q2 24
Stockholders' Equity
BDX
BDX
PCG
PCG
Q1 26
Q4 25
$25.3B
$32.5B
Q3 25
$25.4B
$32.0B
Q2 25
$25.5B
$31.2B
Q1 25
$25.2B
$30.7B
Q4 24
$25.2B
$30.1B
Q3 24
$25.9B
$26.8B
Q2 24
$25.9B
$26.3B
Total Assets
BDX
BDX
PCG
PCG
Q1 26
Q4 25
$54.8B
$141.6B
Q3 25
$55.3B
$138.2B
Q2 25
$54.9B
$136.4B
Q1 25
$54.5B
$135.4B
Q4 24
$54.7B
$133.7B
Q3 24
$57.3B
$132.3B
Q2 24
$55.6B
$130.8B
Debt / Equity
BDX
BDX
PCG
PCG
Q1 26
Q4 25
1.76×
Q3 25
Q2 25
Q1 25
Q4 24
1.78×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
BDX
BDX
PCG
PCG
Operating Cash FlowLast quarter
$657.0M
Free Cash FlowOCF − Capex
$549.0M
FCF MarginFCF / Revenue
10.5%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDX
BDX
PCG
PCG
Q1 26
Q4 25
$657.0M
$2.0B
Q3 25
$1.4B
$2.9B
Q2 25
$1.2B
$1.1B
Q1 25
$164.0M
$2.8B
Q4 24
$693.0M
$1.9B
Q3 24
$1.2B
$3.1B
Q2 24
$1.3B
$711.0M
Free Cash Flow
BDX
BDX
PCG
PCG
Q1 26
Q4 25
$549.0M
$-1.2B
Q3 25
$1.0B
$-80.0M
Q2 25
$1.0B
$-2.0B
Q1 25
$35.0M
$213.0M
Q4 24
$588.0M
$-896.0M
Q3 24
$882.0M
$526.0M
Q2 24
$1.1B
$-1.6B
FCF Margin
BDX
BDX
PCG
PCG
Q1 26
Q4 25
10.5%
-17.6%
Q3 25
17.0%
-1.3%
Q2 25
19.0%
-34.0%
Q1 25
0.7%
3.6%
Q4 24
11.4%
-13.5%
Q3 24
16.2%
8.9%
Q2 24
22.4%
-26.5%
Capex Intensity
BDX
BDX
PCG
PCG
Q1 26
Q4 25
2.1%
46.4%
Q3 25
6.0%
46.9%
Q2 25
3.2%
52.0%
Q1 25
2.4%
44.0%
Q4 24
2.0%
42.6%
Q3 24
5.4%
43.8%
Q2 24
3.6%
38.4%
Cash Conversion
BDX
BDX
PCG
PCG
Q1 26
Q4 25
1.72×
2.93×
Q3 25
2.75×
3.35×
Q2 25
2.12×
1.93×
Q1 25
0.53×
4.49×
Q4 24
2.29×
2.87×
Q3 24
2.94×
5.41×
Q2 24
2.66×
1.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BDX
BDX

Other$2.8B53%
Medication Management Solutions$678.0M13%
Urologyand Critical Care$339.0M6%
Surgery$310.0M6%
Peripheral Intervention$265.0M5%
Specimen Management$245.0M5%
Advanced Patient Monitoring$178.0M3%
Diagnostic Solutions$176.0M3%
Bio Pharma Systems$150.0M3%
Biosciences$124.0M2%

PCG
PCG

Electric$5.0B72%
Other$1.9B28%

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