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

PG&E Corporation is the larger business by last-quarter revenue ($6.9B vs $3.7B, roughly 1.9× Truist Financial). Truist Financial runs the higher net margin — 36.6% vs 12.9%, a 23.7% gap on every dollar of revenue. On growth, PG&E Corporation posted the faster year-over-year revenue change (15.0% vs 3.1%). Over the past eight quarters, PG&E Corporation's revenue compounded faster (7.2% CAGR vs 4.8%).

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.

Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T and SunTrust. Its bank operates 1,928 branches in 15 states and Washington, D.C., offering consumer, commercial, and investment banking, securities brokerage, asset management, mortgage, and insurance products and services. It is the tenth-largest bank in the United States, with $523 billion in assets.

PCG vs TFC — Head-to-Head

Bigger by revenue
PCG
PCG
1.9× larger
PCG
$6.9B
$3.7B
TFC
Growing faster (revenue YoY)
PCG
PCG
+11.9% gap
PCG
15.0%
3.1%
TFC
Higher net margin
TFC
TFC
23.7% more per $
TFC
36.6%
12.9%
PCG
Faster 2-yr revenue CAGR
PCG
PCG
Annualised
PCG
7.2%
4.8%
TFC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PCG
PCG
TFC
TFC
Revenue
$6.9B
$3.7B
Net Profit
$885.0M
$1.4B
Gross Margin
Operating Margin
21.4%
42.3%
Net Margin
12.9%
36.6%
Revenue YoY
15.0%
3.1%
Net Profit YoY
39.6%
6.1%
EPS (diluted)
$0.39
$1.01

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
PCG
PCG
TFC
TFC
Q1 26
$6.9B
Q4 25
$6.8B
$3.7B
Q3 25
$6.3B
$3.6B
Q2 25
$5.9B
$3.6B
Q1 25
$6.0B
$3.5B
Q4 24
$6.6B
$3.6B
Q3 24
$5.9B
$3.6B
Q2 24
$6.0B
$3.5B
Net Profit
PCG
PCG
TFC
TFC
Q1 26
$885.0M
Q4 25
$670.0M
$1.4B
Q3 25
$850.0M
$1.5B
Q2 25
$549.0M
$1.2B
Q1 25
$634.0M
$1.3B
Q4 24
$674.0M
$1.3B
Q3 24
$579.0M
$1.4B
Q2 24
$524.0M
$922.0M
Operating Margin
PCG
PCG
TFC
TFC
Q1 26
21.4%
Q4 25
18.0%
42.3%
Q3 25
19.3%
47.9%
Q2 25
18.6%
42.2%
Q1 25
20.4%
43.8%
Q4 24
15.4%
43.3%
Q3 24
17.3%
47.5%
Q2 24
18.9%
-148.3%
Net Margin
PCG
PCG
TFC
TFC
Q1 26
12.9%
Q4 25
9.8%
36.6%
Q3 25
13.6%
40.0%
Q2 25
9.3%
34.6%
Q1 25
10.6%
36.0%
Q4 24
10.2%
35.5%
Q3 24
9.7%
40.0%
Q2 24
8.8%
26.1%
EPS (diluted)
PCG
PCG
TFC
TFC
Q1 26
$0.39
Q4 25
$0.29
$1.01
Q3 25
$0.37
$1.04
Q2 25
$0.24
$0.90
Q1 25
$0.28
$0.87
Q4 24
$0.30
$0.94
Q3 24
$0.27
$0.99
Q2 24
$0.24
$0.62

Balance Sheet & Financial Strength

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

Metric
PCG
PCG
TFC
TFC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$42.0B
Stockholders' EquityBook value
$65.2B
Total Assets
$547.5B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCG
PCG
TFC
TFC
Q1 26
Q4 25
$713.0M
Q3 25
$404.0M
Q2 25
$494.0M
Q1 25
$2.0B
Q4 24
$940.0M
Q3 24
$895.0M
Q2 24
$1.3B
Total Debt
PCG
PCG
TFC
TFC
Q1 26
Q4 25
$57.4B
$42.0B
Q3 25
$41.7B
Q2 25
$44.4B
Q1 25
$32.0B
Q4 24
$53.6B
$35.0B
Q3 24
$36.8B
Q2 24
$34.6B
Stockholders' Equity
PCG
PCG
TFC
TFC
Q1 26
Q4 25
$32.5B
$65.2B
Q3 25
$32.0B
$65.6B
Q2 25
$31.2B
$64.8B
Q1 25
$30.7B
$64.6B
Q4 24
$30.1B
$63.7B
Q3 24
$26.8B
$65.7B
Q2 24
$26.3B
$63.8B
Total Assets
PCG
PCG
TFC
TFC
Q1 26
Q4 25
$141.6B
$547.5B
Q3 25
$138.2B
$543.9B
Q2 25
$136.4B
$543.8B
Q1 25
$135.4B
$535.9B
Q4 24
$133.7B
$531.2B
Q3 24
$132.3B
$523.4B
Q2 24
$130.8B
$519.9B
Debt / Equity
PCG
PCG
TFC
TFC
Q1 26
Q4 25
1.76×
0.64×
Q3 25
0.64×
Q2 25
0.69×
Q1 25
0.50×
Q4 24
1.78×
0.55×
Q3 24
0.56×
Q2 24
0.54×

Cash Flow & Capital Efficiency

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

Metric
PCG
PCG
TFC
TFC
Operating Cash FlowLast quarter
$2.6B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.91×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCG
PCG
TFC
TFC
Q1 26
Q4 25
$2.0B
$2.6B
Q3 25
$2.9B
$1.5B
Q2 25
$1.1B
$914.0M
Q1 25
$2.8B
$746.0M
Q4 24
$1.9B
$775.0M
Q3 24
$3.1B
$1.5B
Q2 24
$711.0M
$845.0M
Free Cash Flow
PCG
PCG
TFC
TFC
Q1 26
Q4 25
$-1.2B
Q3 25
$-80.0M
Q2 25
$-2.0B
Q1 25
$213.0M
Q4 24
$-896.0M
Q3 24
$526.0M
Q2 24
$-1.6B
FCF Margin
PCG
PCG
TFC
TFC
Q1 26
Q4 25
-17.6%
Q3 25
-1.3%
Q2 25
-34.0%
Q1 25
3.6%
Q4 24
-13.5%
Q3 24
8.9%
Q2 24
-26.5%
Capex Intensity
PCG
PCG
TFC
TFC
Q1 26
Q4 25
46.4%
Q3 25
46.9%
Q2 25
52.0%
Q1 25
44.0%
Q4 24
42.6%
Q3 24
43.8%
Q2 24
38.4%
Cash Conversion
PCG
PCG
TFC
TFC
Q1 26
Q4 25
2.93×
1.91×
Q3 25
3.35×
1.03×
Q2 25
1.93×
0.74×
Q1 25
4.49×
0.59×
Q4 24
2.87×
0.61×
Q3 24
5.41×
1.06×
Q2 24
1.36×
0.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PCG
PCG

Electric$5.0B72%
Other$1.9B28%

TFC
TFC

Segment breakdown not available.

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