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Side-by-side financial comparison of IMPERIAL OIL LTD (IMO) and PG&E Corporation (PCG). Click either name above to swap in a different company.
IMPERIAL OIL LTD is the larger business by last-quarter revenue ($8.2B vs $6.9B, roughly 1.2× PG&E Corporation). PG&E Corporation runs the higher net margin — 12.9% vs 4.4%, a 8.5% gap on every dollar of revenue. On growth, PG&E Corporation posted the faster year-over-year revenue change (15.0% vs -10.5%). Over the past eight quarters, PG&E Corporation's revenue compounded faster (7.2% CAGR vs -4.2%).
Imperial Oil Limited is a Canadian petroleum company. It is Canada's second-largest integrated oil company that is also occasionally known as Imperial Esso. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. It is a producer of crude oil, diluted bitumen, and natural gas. Imperial Oil is one of Canada's major petroleum refiners and petrochemical producers. It supplies Esso-brand service stations.
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.
IMO vs PCG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $8.2B | $6.9B |
| Net Profit | $359.2M | $885.0M |
| Gross Margin | — | — |
| Operating Margin | 5.6% | 21.4% |
| Net Margin | 4.4% | 12.9% |
| Revenue YoY | -10.5% | 15.0% |
| Net Profit YoY | -59.8% | 39.6% |
| EPS (diluted) | — | $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.
| Q1 26 | — | $6.9B | ||
| Q4 25 | $8.2B | $6.8B | ||
| Q3 25 | $8.8B | $6.3B | ||
| Q2 25 | $8.2B | $5.9B | ||
| Q1 25 | $9.1B | $6.0B | ||
| Q4 24 | $9.2B | $6.6B | ||
| Q3 24 | $9.7B | $5.9B | ||
| Q2 24 | $9.8B | $6.0B |
| Q1 26 | — | $885.0M | ||
| Q4 25 | $359.2M | $670.0M | ||
| Q3 25 | $393.5M | $850.0M | ||
| Q2 25 | $692.8M | $549.0M | ||
| Q1 25 | $940.2M | $634.0M | ||
| Q4 24 | $894.3M | $674.0M | ||
| Q3 24 | $903.0M | $579.0M | ||
| Q2 24 | $827.1M | $524.0M |
| Q1 26 | — | 21.4% | ||
| Q4 25 | 5.6% | 18.0% | ||
| Q3 25 | 5.8% | 19.3% | ||
| Q2 25 | 11.1% | 18.6% | ||
| Q1 25 | 13.5% | 20.4% | ||
| Q4 24 | 12.5% | 15.4% | ||
| Q3 24 | 12.1% | 17.3% | ||
| Q2 24 | 11.1% | 18.9% |
| Q1 26 | — | 12.9% | ||
| Q4 25 | 4.4% | 9.8% | ||
| Q3 25 | 4.5% | 13.6% | ||
| Q2 25 | 8.4% | 9.3% | ||
| Q1 25 | 10.3% | 10.6% | ||
| Q4 24 | 9.7% | 10.2% | ||
| Q3 24 | 9.3% | 9.7% | ||
| Q2 24 | 8.5% | 8.8% |
| Q1 26 | — | $0.39 | ||
| Q4 25 | — | $0.29 | ||
| Q3 25 | — | $0.37 | ||
| Q2 25 | — | $0.24 | ||
| Q1 25 | — | $0.28 | ||
| Q4 24 | — | $0.30 | ||
| Q3 24 | — | $0.27 | ||
| Q2 24 | — | $0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $833.7M | — |
| Total DebtLower is stronger | $2.9B | — |
| Stockholders' EquityBook value | $16.2B | — |
| Total Assets | $30.9B | — |
| Debt / EquityLower = less leverage | 0.18× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $833.7M | $713.0M | ||
| Q3 25 | $1.4B | $404.0M | ||
| Q2 25 | $1.7B | $494.0M | ||
| Q1 25 | $1.3B | $2.0B | ||
| Q4 24 | $714.7M | $940.0M | ||
| Q3 24 | $1.1B | $895.0M | ||
| Q2 24 | $1.5B | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $57.4B | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $2.9B | — | ||
| Q4 24 | $2.9B | $53.6B | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.9B | — |
| Q1 26 | — | — | ||
| Q4 25 | $16.2B | $32.5B | ||
| Q3 25 | $17.3B | $32.0B | ||
| Q2 25 | $18.2B | $31.2B | ||
| Q1 25 | $17.8B | $30.7B | ||
| Q4 24 | $17.1B | $30.1B | ||
| Q3 24 | $17.3B | $26.8B | ||
| Q2 24 | $17.5B | $26.3B |
| Q1 26 | — | — | ||
| Q4 25 | $30.9B | $141.6B | ||
| Q3 25 | $31.4B | $138.2B | ||
| Q2 25 | $32.2B | $136.4B | ||
| Q1 25 | $32.0B | $135.4B | ||
| Q4 24 | $31.3B | $133.7B | ||
| Q3 24 | $31.0B | $132.3B | ||
| Q2 24 | $32.2B | $130.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.18× | 1.76× | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.16× | — | ||
| Q1 25 | 0.16× | — | ||
| Q4 24 | 0.17× | 1.78× | ||
| Q3 24 | 0.17× | — | ||
| Q2 24 | 0.17× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.4B | — |
| Free Cash FlowOCF − Capex | $938.8M | — |
| FCF MarginFCF / Revenue | 11.4% | — |
| Capex IntensityCapex / Revenue | 5.6% | — |
| Cash ConversionOCF / Net Profit | 3.90× | — |
| TTM Free Cash FlowTrailing 4 quarters | $3.4B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $2.0B | ||
| Q3 25 | $1.3B | $2.9B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.1B | $2.8B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | $1.1B | $3.1B | ||
| Q2 24 | $1.2B | $711.0M |
| Q1 26 | — | — | ||
| Q4 25 | $938.8M | $-1.2B | ||
| Q3 25 | $944.6M | $-80.0M | ||
| Q2 25 | $725.6M | $-2.0B | ||
| Q1 25 | $824.2M | $213.0M | ||
| Q4 24 | $997.2M | $-896.0M | ||
| Q3 24 | $730.7M | $526.0M | ||
| Q2 24 | $852.6M | $-1.6B |
| Q1 26 | — | — | ||
| Q4 25 | 11.4% | -17.6% | ||
| Q3 25 | 10.7% | -1.3% | ||
| Q2 25 | 8.8% | -34.0% | ||
| Q1 25 | 9.0% | 3.6% | ||
| Q4 24 | 10.8% | -13.5% | ||
| Q3 24 | 7.5% | 8.9% | ||
| Q2 24 | 8.7% | -26.5% |
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 46.4% | ||
| Q3 25 | 4.2% | 46.9% | ||
| Q2 25 | 4.2% | 52.0% | ||
| Q1 25 | 3.2% | 44.0% | ||
| Q4 24 | 3.4% | 42.6% | ||
| Q3 24 | 3.7% | 43.8% | ||
| Q2 24 | 3.4% | 38.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.90× | 2.93× | ||
| Q3 25 | 3.34× | 3.35× | ||
| Q2 25 | 1.54× | 1.93× | ||
| Q1 25 | 1.19× | 4.49× | ||
| Q4 24 | 1.46× | 2.87× | ||
| Q3 24 | 1.20× | 5.41× | ||
| Q2 24 | 1.44× | 1.36× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IMO
Segment breakdown not available.
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
