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Side-by-side financial comparison of PG&E Corporation (PCG) and WESCO INTERNATIONAL INC (WCC). Click either name above to swap in a different company.
PG&E Corporation is the larger business by last-quarter revenue ($6.9B vs $6.1B, roughly 1.1× WESCO INTERNATIONAL INC). PG&E Corporation runs the higher net margin — 12.9% vs 2.5%, a 10.3% gap on every dollar of revenue. On growth, PG&E Corporation posted the faster year-over-year revenue change (15.0% vs 13.8%). Over the past eight quarters, PG&E Corporation's revenue compounded faster (7.2% CAGR vs 5.3%).
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.
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania.
PCG vs WCC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.9B | $6.1B |
| Net Profit | $885.0M | $153.8M |
| Gross Margin | — | 21.2% |
| Operating Margin | 21.4% | 4.8% |
| Net Margin | 12.9% | 2.5% |
| Revenue YoY | 15.0% | 13.8% |
| Net Profit YoY | 39.6% | 47.9% |
| 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 | $6.1B | ||
| Q4 25 | $6.8B | $6.1B | ||
| Q3 25 | $6.3B | $6.2B | ||
| Q2 25 | $5.9B | $5.9B | ||
| Q1 25 | $6.0B | $5.3B | ||
| Q4 24 | $6.6B | $5.5B | ||
| Q3 24 | $5.9B | $5.5B | ||
| Q2 24 | $6.0B | $5.5B |
| Q1 26 | $885.0M | $153.8M | ||
| Q4 25 | $670.0M | $159.8M | ||
| Q3 25 | $850.0M | $187.5M | ||
| Q2 25 | $549.0M | $174.5M | ||
| Q1 25 | $634.0M | $118.4M | ||
| Q4 24 | $674.0M | $165.4M | ||
| Q3 24 | $579.0M | $204.3M | ||
| Q2 24 | $524.0M | $232.1M |
| Q1 26 | — | 21.2% | ||
| Q4 25 | — | 21.2% | ||
| Q3 25 | — | 21.3% | ||
| Q2 25 | — | 21.1% | ||
| Q1 25 | — | 21.1% | ||
| Q4 24 | — | 21.2% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | — | 21.9% |
| Q1 26 | 21.4% | 4.8% | ||
| Q4 25 | 18.0% | 5.3% | ||
| Q3 25 | 19.3% | 5.6% | ||
| Q2 25 | 18.6% | 5.5% | ||
| Q1 25 | 20.4% | 4.5% | ||
| Q4 24 | 15.4% | 5.5% | ||
| Q3 24 | 17.3% | 6.1% | ||
| Q2 24 | 18.9% | 5.9% |
| Q1 26 | 12.9% | 2.5% | ||
| Q4 25 | 9.8% | 2.6% | ||
| Q3 25 | 13.6% | 3.0% | ||
| Q2 25 | 9.3% | 3.0% | ||
| Q1 25 | 10.6% | 2.2% | ||
| Q4 24 | 10.2% | 3.0% | ||
| Q3 24 | 9.7% | 3.7% | ||
| Q2 24 | 8.8% | 4.2% |
| Q1 26 | $0.39 | — | ||
| Q4 25 | $0.29 | $3.33 | ||
| Q3 25 | $0.37 | $3.79 | ||
| Q2 25 | $0.24 | $3.83 | ||
| Q1 25 | $0.28 | $2.10 | ||
| Q4 24 | $0.30 | $3.01 | ||
| Q3 24 | $0.27 | $3.81 | ||
| Q2 24 | $0.24 | $4.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $696.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $5.1B |
| Total Assets | — | $17.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $696.6M | ||
| 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 | — |
| Q1 26 | — | — | ||
| Q4 25 | $57.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $53.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $5.1B | ||
| Q4 25 | $32.5B | $5.0B | ||
| Q3 25 | $32.0B | $4.8B | ||
| Q2 25 | $31.2B | $4.8B | ||
| Q1 25 | $30.7B | $5.0B | ||
| Q4 24 | $30.1B | $5.0B | ||
| Q3 24 | $26.8B | $5.0B | ||
| Q2 24 | $26.3B | $4.9B |
| Q1 26 | — | $17.0B | ||
| Q4 25 | $141.6B | $16.5B | ||
| Q3 25 | $138.2B | $16.6B | ||
| Q2 25 | $136.4B | $16.2B | ||
| Q1 25 | $135.4B | $15.5B | ||
| Q4 24 | $133.7B | $15.1B | ||
| Q3 24 | $132.3B | $15.3B | ||
| Q2 24 | $130.8B | $15.1B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $221.4M |
| Free Cash FlowOCF − Capex | — | $213.4M |
| FCF MarginFCF / Revenue | — | 3.5% |
| Capex IntensityCapex / Revenue | — | 0.4% |
| Cash ConversionOCF / Net Profit | — | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | $231.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $221.4M | ||
| Q4 25 | $2.0B | $71.9M | ||
| Q3 25 | $2.9B | $-82.7M | ||
| Q2 25 | $1.1B | $107.8M | ||
| Q1 25 | $2.8B | $28.0M | ||
| Q4 24 | $1.9B | $276.6M | ||
| Q3 24 | $3.1B | $302.1M | ||
| Q2 24 | $711.0M | $-223.8M |
| Q1 26 | — | $213.4M | ||
| Q4 25 | $-1.2B | $27.5M | ||
| Q3 25 | $-80.0M | $-95.9M | ||
| Q2 25 | $-2.0B | $86.0M | ||
| Q1 25 | $213.0M | $7.6M | ||
| Q4 24 | $-896.0M | $252.3M | ||
| Q3 24 | $526.0M | $272.9M | ||
| Q2 24 | $-1.6B | $-244.6M |
| Q1 26 | — | 3.5% | ||
| Q4 25 | -17.6% | 0.5% | ||
| Q3 25 | -1.3% | -1.5% | ||
| Q2 25 | -34.0% | 1.5% | ||
| Q1 25 | 3.6% | 0.1% | ||
| Q4 24 | -13.5% | 4.6% | ||
| Q3 24 | 8.9% | 5.0% | ||
| Q2 24 | -26.5% | -4.5% |
| Q1 26 | — | 0.4% | ||
| Q4 25 | 46.4% | 0.7% | ||
| Q3 25 | 46.9% | 0.2% | ||
| Q2 25 | 52.0% | 0.4% | ||
| Q1 25 | 44.0% | 0.4% | ||
| Q4 24 | 42.6% | 0.4% | ||
| Q3 24 | 43.8% | 0.5% | ||
| Q2 24 | 38.4% | 0.4% |
| Q1 26 | — | 1.44× | ||
| Q4 25 | 2.93× | 0.45× | ||
| Q3 25 | 3.35× | -0.44× | ||
| Q2 25 | 1.93× | 0.62× | ||
| Q1 25 | 4.49× | 0.24× | ||
| Q4 24 | 2.87× | 1.67× | ||
| Q3 24 | 5.41× | 1.48× | ||
| Q2 24 | 1.36× | -0.96× |
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% |
WCC
| CSS | $2.5B | 41% |
| EES | $2.2B | 37% |
| UBS | $1.4B | 22% |
