vs

Side-by-side financial comparison of PG&E Corporation (PCG) and Viking Holdings Ltd (VIK). Click either name above to swap in a different company.

PG&E Corporation is the larger business by last-quarter revenue ($6.9B vs $4.0B, roughly 1.7× Viking Holdings Ltd). Viking Holdings Ltd runs the higher net margin — 12.9% vs 12.9%, a 0.0% gap on every dollar of revenue.

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.

Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.

PCG vs VIK — Head-to-Head

Bigger by revenue
PCG
PCG
1.7× larger
PCG
$6.9B
$4.0B
VIK
Higher net margin
VIK
VIK
0.0% more per $
VIK
12.9%
12.9%
PCG

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
PCG
PCG
VIK
VIK
Revenue
$6.9B
$4.0B
Net Profit
$885.0M
$514.0M
Gross Margin
73.4%
Operating Margin
21.4%
15.2%
Net Margin
12.9%
12.9%
Revenue YoY
15.0%
Net Profit YoY
39.6%
35.4%
EPS (diluted)
$0.39
$1.15

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
VIK
VIK
Q1 26
$6.9B
Q4 25
$6.8B
Q3 25
$6.3B
$4.0B
Q2 25
$5.9B
$2.3B
Q1 25
$6.0B
$718.2M
Q4 24
$6.6B
Q3 24
$5.9B
$3.6B
Q2 24
$6.0B
$2.1B
Net Profit
PCG
PCG
VIK
VIK
Q1 26
$885.0M
Q4 25
$670.0M
Q3 25
$850.0M
$514.0M
Q2 25
$549.0M
$439.2M
Q1 25
$634.0M
$-105.5M
Q4 24
$674.0M
Q3 24
$579.0M
$379.7M
Q2 24
$524.0M
$159.8M
Gross Margin
PCG
PCG
VIK
VIK
Q1 26
Q4 25
Q3 25
73.4%
Q2 25
55.7%
Q1 25
17.3%
Q4 24
Q3 24
74.7%
Q2 24
57.8%
Operating Margin
PCG
PCG
VIK
VIK
Q1 26
21.4%
Q4 25
18.0%
Q3 25
19.3%
15.2%
Q2 25
18.6%
23.7%
Q1 25
20.4%
-1.3%
Q4 24
15.4%
Q3 24
17.3%
13.6%
Q2 24
18.9%
20.5%
Net Margin
PCG
PCG
VIK
VIK
Q1 26
12.9%
Q4 25
9.8%
Q3 25
13.6%
12.9%
Q2 25
9.3%
19.1%
Q1 25
10.6%
-14.7%
Q4 24
10.2%
Q3 24
9.7%
10.6%
Q2 24
8.8%
7.7%
EPS (diluted)
PCG
PCG
VIK
VIK
Q1 26
$0.39
Q4 25
$0.29
Q3 25
$0.37
$1.15
Q2 25
$0.24
$0.99
Q1 25
$0.28
$-0.24
Q4 24
$0.30
Q3 24
$0.27
$0.87
Q2 24
$0.24
$0.38

Balance Sheet & Financial Strength

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

Metric
PCG
PCG
VIK
VIK
Cash + ST InvestmentsLiquidity on hand
$3.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$803.5M
Total Assets
$11.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCG
PCG
VIK
VIK
Q1 26
Q4 25
$713.0M
Q3 25
$404.0M
$3.0B
Q2 25
$494.0M
$2.6B
Q1 25
$2.0B
$2.8B
Q4 24
$940.0M
Q3 24
$895.0M
$2.4B
Q2 24
$1.3B
$1.8B
Total Debt
PCG
PCG
VIK
VIK
Q1 26
Q4 25
$57.4B
Q3 25
Q2 25
Q1 25
Q4 24
$53.6B
Q3 24
Q2 24
Stockholders' Equity
PCG
PCG
VIK
VIK
Q1 26
Q4 25
$32.5B
Q3 25
$32.0B
$803.5M
Q2 25
$31.2B
$278.3M
Q1 25
$30.7B
$-267.5M
Q4 24
$30.1B
Q3 24
$26.8B
$-688.9M
Q2 24
$26.3B
$-1.1B
Total Assets
PCG
PCG
VIK
VIK
Q1 26
Q4 25
$141.6B
Q3 25
$138.2B
$11.5B
Q2 25
$136.4B
$11.1B
Q1 25
$135.4B
$10.7B
Q4 24
$133.7B
Q3 24
$132.3B
Q2 24
$130.8B
Debt / Equity
PCG
PCG
VIK
VIK
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
PCG
PCG
VIK
VIK
Operating Cash FlowLast quarter
$663.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.29×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCG
PCG
VIK
VIK
Q1 26
Q4 25
$2.0B
Q3 25
$2.9B
$663.9M
Q2 25
$1.1B
$470.7M
Q1 25
$2.8B
$587.9M
Q4 24
$1.9B
Q3 24
$3.1B
$828.7M
Q2 24
$711.0M
$419.8M
Free Cash Flow
PCG
PCG
VIK
VIK
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
VIK
VIK
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
VIK
VIK
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
VIK
VIK
Q1 26
Q4 25
2.93×
Q3 25
3.35×
1.29×
Q2 25
1.93×
1.07×
Q1 25
4.49×
Q4 24
2.87×
Q3 24
5.41×
2.18×
Q2 24
1.36×
2.63×

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%

VIK
VIK

Segment breakdown not available.

Related Comparisons