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Side-by-side financial comparison of BJ's Wholesale Club Holdings, Inc. (BJ) 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× BJ's Wholesale Club Holdings, Inc.). PG&E Corporation runs the higher net margin — 12.9% vs 2.8%, a 10.0% gap on every dollar of revenue. On growth, PG&E Corporation posted the faster year-over-year revenue change (15.0% vs 4.9%). Over the past eight quarters, PG&E Corporation's revenue compounded faster (7.2% CAGR vs -0.1%).

BJ's Wholesale Club Holdings, Inc., commonly referred as BJ's, is an American regional membership-only warehouse club chain based in Marlborough, Massachusetts, operating in the eastern United States in addition to Ohio, Michigan, Louisville, Kentucky, Indiana, Tennessee, Florida and Alabama. Its major competitors are Costco Wholesale and Sam's Club.

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.

BJ vs PCG — Head-to-Head

Bigger by revenue
PCG
PCG
1.3× larger
PCG
$6.9B
$5.3B
BJ
Growing faster (revenue YoY)
PCG
PCG
+10.1% gap
PCG
15.0%
4.9%
BJ
Higher net margin
PCG
PCG
10.0% more per $
PCG
12.9%
2.8%
BJ
Faster 2-yr revenue CAGR
PCG
PCG
Annualised
PCG
7.2%
-0.1%
BJ

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
BJ
BJ
PCG
PCG
Revenue
$5.3B
$6.9B
Net Profit
$152.1M
$885.0M
Gross Margin
19.0%
Operating Margin
4.1%
21.4%
Net Margin
2.8%
12.9%
Revenue YoY
4.9%
15.0%
Net Profit YoY
-2.4%
39.6%
EPS (diluted)
$1.15
$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
BJ
BJ
PCG
PCG
Q1 26
$6.9B
Q4 25
$5.3B
$6.8B
Q3 25
$5.4B
$6.3B
Q2 25
$5.2B
$5.9B
Q1 25
$5.3B
$6.0B
Q4 24
$5.1B
$6.6B
Q3 24
$5.2B
$5.9B
Q2 24
$4.9B
$6.0B
Net Profit
BJ
BJ
PCG
PCG
Q1 26
$885.0M
Q4 25
$152.1M
$670.0M
Q3 25
$150.7M
$850.0M
Q2 25
$149.8M
$549.0M
Q1 25
$122.7M
$634.0M
Q4 24
$155.7M
$674.0M
Q3 24
$145.0M
$579.0M
Q2 24
$111.0M
$524.0M
Gross Margin
BJ
BJ
PCG
PCG
Q1 26
Q4 25
19.0%
Q3 25
18.7%
Q2 25
18.8%
Q1 25
18.0%
Q4 24
19.1%
Q3 24
18.4%
Q2 24
18.0%
Operating Margin
BJ
BJ
PCG
PCG
Q1 26
21.4%
Q4 25
4.1%
18.0%
Q3 25
4.0%
19.3%
Q2 25
4.0%
18.6%
Q1 25
3.4%
20.4%
Q4 24
4.5%
15.4%
Q3 24
3.9%
17.3%
Q2 24
3.3%
18.9%
Net Margin
BJ
BJ
PCG
PCG
Q1 26
12.9%
Q4 25
2.8%
9.8%
Q3 25
2.8%
13.6%
Q2 25
2.9%
9.3%
Q1 25
2.3%
10.6%
Q4 24
3.1%
10.2%
Q3 24
2.8%
9.7%
Q2 24
2.3%
8.8%
EPS (diluted)
BJ
BJ
PCG
PCG
Q1 26
$0.39
Q4 25
$1.15
$0.29
Q3 25
$1.14
$0.37
Q2 25
$1.13
$0.24
Q1 25
$0.92
$0.28
Q4 24
$1.17
$0.30
Q3 24
$1.08
$0.27
Q2 24
$0.83
$0.24

Balance Sheet & Financial Strength

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

Metric
BJ
BJ
PCG
PCG
Cash + ST InvestmentsLiquidity on hand
$45.1M
Total DebtLower is stronger
$399.0M
Stockholders' EquityBook value
$2.2B
Total Assets
$7.5B
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BJ
BJ
PCG
PCG
Q1 26
Q4 25
$45.1M
$713.0M
Q3 25
$47.3M
$404.0M
Q2 25
$39.5M
$494.0M
Q1 25
$28.3M
$2.0B
Q4 24
$33.9M
$940.0M
Q3 24
$38.1M
$895.0M
Q2 24
$35.1M
$1.3B
Total Debt
BJ
BJ
PCG
PCG
Q1 26
Q4 25
$399.0M
$57.4B
Q3 25
$399.0M
Q2 25
$398.9M
Q1 25
$398.8M
Q4 24
$398.7M
$53.6B
Q3 24
$398.6M
Q2 24
$398.5M
Stockholders' Equity
BJ
BJ
PCG
PCG
Q1 26
Q4 25
$2.2B
$32.5B
Q3 25
$2.1B
$32.0B
Q2 25
$2.0B
$31.2B
Q1 25
$1.8B
$30.7B
Q4 24
$1.8B
$30.1B
Q3 24
$1.7B
$26.8B
Q2 24
$1.5B
$26.3B
Total Assets
BJ
BJ
PCG
PCG
Q1 26
Q4 25
$7.5B
$141.6B
Q3 25
$7.2B
$138.2B
Q2 25
$7.2B
$136.4B
Q1 25
$7.1B
$135.4B
Q4 24
$7.2B
$133.7B
Q3 24
$6.9B
$132.3B
Q2 24
$6.8B
$130.8B
Debt / Equity
BJ
BJ
PCG
PCG
Q1 26
Q4 25
0.18×
1.76×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.22×
Q4 24
0.23×
1.78×
Q3 24
0.24×
Q2 24
0.26×

Cash Flow & Capital Efficiency

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

Metric
BJ
BJ
PCG
PCG
Operating Cash FlowLast quarter
$181.1M
Free Cash FlowOCF − Capex
$-13.7M
FCF MarginFCF / Revenue
-0.3%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$249.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BJ
BJ
PCG
PCG
Q1 26
Q4 25
$181.1M
$2.0B
Q3 25
$249.9M
$2.9B
Q2 25
$208.1M
$1.1B
Q1 25
$271.9M
$2.8B
Q4 24
$206.8M
$1.9B
Q3 24
$221.4M
$3.1B
Q2 24
$200.8M
$711.0M
Free Cash Flow
BJ
BJ
PCG
PCG
Q1 26
Q4 25
$-13.7M
$-1.2B
Q3 25
$84.3M
$-80.0M
Q2 25
$67.6M
$-2.0B
Q1 25
$111.5M
$213.0M
Q4 24
$18.8M
$-896.0M
Q3 24
$87.5M
$526.0M
Q2 24
$95.1M
$-1.6B
FCF Margin
BJ
BJ
PCG
PCG
Q1 26
Q4 25
-0.3%
-17.6%
Q3 25
1.6%
-1.3%
Q2 25
1.3%
-34.0%
Q1 25
2.1%
3.6%
Q4 24
0.4%
-13.5%
Q3 24
1.7%
8.9%
Q2 24
1.9%
-26.5%
Capex Intensity
BJ
BJ
PCG
PCG
Q1 26
Q4 25
3.6%
46.4%
Q3 25
3.1%
46.9%
Q2 25
2.7%
52.0%
Q1 25
3.0%
44.0%
Q4 24
3.7%
42.6%
Q3 24
2.6%
43.8%
Q2 24
2.1%
38.4%
Cash Conversion
BJ
BJ
PCG
PCG
Q1 26
Q4 25
1.19×
2.93×
Q3 25
1.66×
3.35×
Q2 25
1.39×
1.93×
Q1 25
2.22×
4.49×
Q4 24
1.33×
2.87×
Q3 24
1.53×
5.41×
Q2 24
1.81×
1.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BJ
BJ

Products$5.4B102%
Membership$129.8M2%

PCG
PCG

Electric$5.0B72%
Other$1.9B28%

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