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Side-by-side financial comparison of PG&E Corporation (PCG) and TE Connectivity (TEL). Click either name above to swap in a different company.
PG&E Corporation is the larger business by last-quarter revenue ($6.9B vs $4.7B, roughly 1.5× TE Connectivity). TE Connectivity runs the higher net margin — 18.0% vs 12.9%, a 5.2% gap on every dollar of revenue. On growth, PG&E Corporation posted the faster year-over-year revenue change (15.0% vs 14.5%). Over the past eight quarters, TE Connectivity's revenue compounded faster (9.2% CAGR vs 7.2%).
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.
TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.
PCG vs TEL — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.9B | $4.7B |
| Net Profit | $885.0M | $855.0M |
| Gross Margin | — | 36.8% |
| Operating Margin | 21.4% | 20.1% |
| Net Margin | 12.9% | 18.0% |
| Revenue YoY | 15.0% | 14.5% |
| Net Profit YoY | 39.6% | 58.0% |
| EPS (diluted) | $0.39 | $2.90 |
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 | $4.7B | ||
| Q4 25 | $6.8B | $4.7B | ||
| Q3 25 | $6.3B | $4.7B | ||
| Q2 25 | $5.9B | $4.5B | ||
| Q1 25 | $6.0B | $4.1B | ||
| Q4 24 | $6.6B | $3.8B | ||
| Q3 24 | $5.9B | $4.1B | ||
| Q2 24 | $6.0B | $4.0B |
| Q1 26 | $885.0M | $855.0M | ||
| Q4 25 | $670.0M | $750.0M | ||
| Q3 25 | $850.0M | $663.0M | ||
| Q2 25 | $549.0M | $638.0M | ||
| Q1 25 | $634.0M | $13.0M | ||
| Q4 24 | $674.0M | $528.0M | ||
| Q3 24 | $579.0M | $276.0M | ||
| Q2 24 | $524.0M | $573.0M |
| Q1 26 | — | 36.8% | ||
| Q4 25 | — | 37.2% | ||
| Q3 25 | — | 35.0% | ||
| Q2 25 | — | 35.3% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 35.5% | ||
| Q3 24 | — | 34.0% | ||
| Q2 24 | — | 34.8% |
| Q1 26 | 21.4% | 20.1% | ||
| Q4 25 | 18.0% | 20.6% | ||
| Q3 25 | 19.3% | 19.3% | ||
| Q2 25 | 18.6% | 18.9% | ||
| Q1 25 | 20.4% | 18.1% | ||
| Q4 24 | 15.4% | 18.0% | ||
| Q3 24 | 17.3% | 16.0% | ||
| Q2 24 | 18.9% | 19.0% |
| Q1 26 | 12.9% | 18.0% | ||
| Q4 25 | 9.8% | 16.1% | ||
| Q3 25 | 13.6% | 14.0% | ||
| Q2 25 | 9.3% | 14.1% | ||
| Q1 25 | 10.6% | 0.3% | ||
| Q4 24 | 10.2% | 13.8% | ||
| Q3 24 | 9.7% | 6.8% | ||
| Q2 24 | 8.8% | 14.4% |
| Q1 26 | $0.39 | $2.90 | ||
| Q4 25 | $0.29 | $2.53 | ||
| Q3 25 | $0.37 | $2.23 | ||
| Q2 25 | $0.24 | $2.14 | ||
| Q1 25 | $0.28 | $0.04 | ||
| Q4 24 | $0.30 | $1.75 | ||
| Q3 24 | $0.27 | $0.96 | ||
| Q2 24 | $0.24 | $1.86 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.1B |
| Total DebtLower is stronger | — | $5.7B |
| Stockholders' EquityBook value | — | $13.2B |
| Total Assets | — | $25.7B |
| Debt / EquityLower = less leverage | — | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $713.0M | $1.3B | ||
| Q3 25 | $404.0M | $1.3B | ||
| Q2 25 | $494.0M | $672.0M | ||
| Q1 25 | $2.0B | $2.6B | ||
| Q4 24 | $940.0M | $1.3B | ||
| Q3 24 | $895.0M | $1.3B | ||
| Q2 24 | $1.3B | $1.5B |
| Q1 26 | — | $5.7B | ||
| Q4 25 | $57.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $53.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $13.2B | ||
| Q4 25 | $32.5B | $13.0B | ||
| Q3 25 | $32.0B | $12.6B | ||
| Q2 25 | $31.2B | $12.4B | ||
| Q1 25 | $30.7B | $12.1B | ||
| Q4 24 | $30.1B | $12.4B | ||
| Q3 24 | $26.8B | $12.4B | ||
| Q2 24 | $26.3B | $12.6B |
| Q1 26 | — | $25.7B | ||
| Q4 25 | $141.6B | $25.6B | ||
| Q3 25 | $138.2B | $25.1B | ||
| Q2 25 | $136.4B | $24.9B | ||
| Q1 25 | $135.4B | $23.7B | ||
| Q4 24 | $133.7B | $22.4B | ||
| Q3 24 | $132.3B | $22.9B | ||
| Q2 24 | $130.8B | $22.9B |
| Q1 26 | — | 0.43× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $947.0M |
| Free Cash FlowOCF − Capex | — | $680.0M |
| FCF MarginFCF / Revenue | — | 14.3% |
| Capex IntensityCapex / Revenue | — | 5.7% |
| Cash ConversionOCF / Net Profit | — | 1.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $947.0M | ||
| Q4 25 | $2.0B | $865.0M | ||
| Q3 25 | $2.9B | $1.4B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $2.8B | $653.0M | ||
| Q4 24 | $1.9B | $878.0M | ||
| Q3 24 | $3.1B | $1.0B | ||
| Q2 24 | $711.0M | $1.0B |
| Q1 26 | — | $680.0M | ||
| Q4 25 | $-1.2B | $607.0M | ||
| Q3 25 | $-80.0M | $1.1B | ||
| Q2 25 | $-2.0B | $957.0M | ||
| Q1 25 | $213.0M | $423.0M | ||
| Q4 24 | $-896.0M | $673.0M | ||
| Q3 24 | $526.0M | $829.0M | ||
| Q2 24 | $-1.6B | $857.0M |
| Q1 26 | — | 14.3% | ||
| Q4 25 | -17.6% | 13.0% | ||
| Q3 25 | -1.3% | 24.2% | ||
| Q2 25 | -34.0% | 21.1% | ||
| Q1 25 | 3.6% | 10.2% | ||
| Q4 24 | -13.5% | 17.5% | ||
| Q3 24 | 8.9% | 20.4% | ||
| Q2 24 | -26.5% | 21.5% |
| Q1 26 | — | 5.7% | ||
| Q4 25 | 46.4% | 5.5% | ||
| Q3 25 | 46.9% | 5.7% | ||
| Q2 25 | 52.0% | 5.1% | ||
| Q1 25 | 44.0% | 5.6% | ||
| Q4 24 | 42.6% | 5.3% | ||
| Q3 24 | 43.8% | 5.2% | ||
| Q2 24 | 38.4% | 3.7% |
| Q1 26 | — | 1.11× | ||
| Q4 25 | 2.93× | 1.15× | ||
| Q3 25 | 3.35× | 2.14× | ||
| Q2 25 | 1.93× | 1.86× | ||
| Q1 25 | 4.49× | 50.23× | ||
| Q4 24 | 2.87× | 1.66× | ||
| Q3 24 | 5.41× | 3.78× | ||
| Q2 24 | 1.36× | 1.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
TEL
Segment breakdown not available.
