PORTLAND GENERAL ELECTRIC CO /OR/ POR

Utilities SIC 4911 - Electric Services NAICS Utilities › Electric Power Generation, Transmission and Distribution derived NYSE

Portland General Electric Company (PGE or the Company), a vertically-integrated electric utility with corporate headquarters located in Portland, Oregon, is engaged in the generation, wholesale purchase and sale, transmission, distribution, and retail sale of electricity to customers in the state of Oregon (State). The Company operates as a cost-based, regulated electric utility with revenue requirements and customer prices determined based on the forecasted cost to serve retail customers and a reasonable rate of return as determined by the Public Utility Commission of Oregon (OPUC). PGE meets its retail load requirement with both Company-owned generation and power purchased in the wholesale market. The Company participates in the wholesale market through the purchase and sale of electricity, natural gas, and environmental credits in an effort to obtain reasonably-priced power to serve its retail customers, manage risk, and administer its long-term wholesale contracts. PGE, incorporated in 1930, is publicly-owned, with its common stock listed on the New York Stock Exchange (NYSE). The Company operates as a single business segment, with revenues and costs related to its business activities maintained and analyzed on a total electric operations basis. PGE owns unregulated, non-utility property that it utilizes for its corporate headquarters.

Last close 44.55 2026-10-23
Market cap $5.24B 2026-06-30 share count
52-week range 43.26 - 54.62

Valuation FY2025 figures against the last close

P/S1.5x
P/E16.1x
P/FCF—
EV/EBITDA8.7x
Dividend yield4.3%
Diluted EPS2.77

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.56B$3.48B$2.91B$2.64B$2.42B$2.15B$2.12B$1.99B$2.01B$1.92B
SG&A $392.0M$403.0M$341.0M$340.0M$336.0M$283.0M$290.0M$271.0M$260.0M$240.0M
Total operating expenses $842.0M$839.0M$715.0M$688.0M$2.02B$1.88B$1.77B$1.65B$1.63B$1.58B
Operating income $555.0M$512.0M$396.0M$397.0M$378.0M$269.0M$353.0M$346.0M$380.0M$340.0M
Interest expense $232.0M$211.0M$173.0M$156.0M$137.0M$136.0M$128.0M$124.0M$120.0M$112.0M
Pre-tax income $359.0M$350.0M$273.0M$272.0M$267.0M$155.0M$241.0M$229.0M$273.0M$243.0M
Income tax $53.0M$37.0M$45.0M$39.0M$23.0M$0$27.0M$17.0M$86.0M$50.0M
Net income $306.0M$313.0M$228.0M$233.0M$244.0M$155.0M$214.0M$212.0M$187.0M$193.0M
EPS, basic 2.773.022.332.612.721.732.392.382.102.17
EPS, diluted 2.773.012.332.602.721.722.392.372.102.16
Shares, diluted (wtd. avg.) 110.7M104.2M98.0M89.6M89.6M89.6M89.6M89.3M89.2M89.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $76.0M$12.0M$5.0M$165.0M$52.0M$257.0M$30.0M$119.0M$39.0M$6.0M
Receivables $460.0M$456.0M$414.0M$398.0M$329.0M$271.0M$253.0M$193.0M$168.0M$155.0M
Total current assets $1.07B$1.02B$935.0M$1.21B$688.0M$721.0M$500.0M$643.0M$526.0M$463.0M
Property, plant and equipment ——————$7.16B$6.89B——
Total assets $13.23B$12.54B$11.21B$10.46B$9.49B$9.07B$8.39B$8.11B$7.84B$7.53B
Accounts payable $330.0M$365.0M$347.0M$457.0M$244.0M$153.0M$165.0M$168.0M$132.0M$129.0M
Short-term debt $0$170.0M$80.0M$260.0M$0$160.0M$0$0$0$150.0M
Total current liabilities $993.0M$1.12B$1.11B$1.50B$768.0M$815.0M$519.0M$791.0M$432.0M$577.0M
Long-term debt $4.66B$4.35B$3.90B$3.39B$3.29B$2.89B$2.60B$2.18B$2.43B$2.20B
Total liabilities $9.10B$8.75B$7.89B$7.68B$6.79B$6.46B$5.80B$5.60B$5.42B$5.18B
Retained earnings $1.75B$1.68B$1.57B$1.53B$1.48B$1.39B$1.38B$1.30B$1.22B$1.15B
Total equity $4.13B$3.79B$3.32B$2.78B$2.71B$2.61B$2.59B$2.51B$2.42B$2.34B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.12B$778.0M$420.0M$674.0M$532.0M$567.0M$546.0M$630.0M$597.0M$562.0M
Depreciation and amortisation $578.0M$496.0M$458.0M$417.0M$404.0M$454.0M$409.0M$382.0M$345.0M$321.0M
Stock-based compensation $16.0M$24.0M$17.0M$15.0M$14.0M$11.0M$9.0M$5.0M$7.0M$6.0M
Capital expenditure $1.19B$1.27B$1.36B$766.0M$636.0M$784.0M$606.0M$595.0M$514.0M$584.0M
Investing cash flow -$1.20B-$1.30B-$1.36B-$758.0M-$656.0M-$787.0M-$604.0M-$471.0M-$514.0M-$585.0M
Financing cash flow $142.0M$526.0M$778.0M$197.0M-$81.0M$447.0M-$31.0M-$79.0M-$50.0M$25.0M
Dividends paid $225.0M$200.0M$179.0M$158.0M$150.0M$140.0M$134.0M$125.0M$118.0M$110.0M
Buybacks —$0$0$18.0M$12.0M$0$0———

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-052750.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 1B 2B 3B 4B Revenue, FY2016: 1.9B Net income, FY2016: 193M Revenue, FY2017: 2B Net income, FY2017: 187M Revenue, FY2018: 2B Net income, FY2018: 212M Revenue, FY2019: 2.1B Net income, FY2019: 214M Revenue, FY2020: 2.2B Net income, FY2020: 155M Revenue, FY2021: 2.4B Net income, FY2021: 244M Revenue, FY2022: 2.6B Net income, FY2022: 233M Revenue, FY2023: 2.9B Net income, FY2023: 228M Revenue, FY2024: 3.5B Net income, FY2024: 313M Revenue, FY2025: 3.6B Net income, FY2025: 306M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.92B $2.01B $1.99B $2.12B $2.15B $2.42B $2.64B $2.91B $3.48B $3.56B
Gross profit — — — — — — — — — —
Net income $193.0M $187.0M $212.0M $214.0M $155.0M $244.0M $233.0M $228.0M $313.0M $306.0M

Recent filings and events

  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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