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NextEra Energy vs PG&E

NextEra Energy and PG&E are similar in size: $27.41bn and $24.93bn of revenue in their latest fiscal years. NextEra Energy grew faster (10.7% against 2.1%). NextEra Energy kept more of each dollar of sales as profit: a net margin of 24.9% against 10.4%. NextEra Energy carries less debt relative to equity (174.0% against 187.1%).

Latest fiscal yearNextEra EnergyNEE, 2025PG&EPCG, 2025
Revenue $27.41bn $24.93bn
Revenue growth 10.7% 2.1%
Net income $6.83bn $2.59bn
Operating margin 30.2% 19.0%
Net margin 24.9% 10.4%
Return on equity 13.1% 8.3%
Free cash flow — −$3.07bn
Cash $2.81bn $713m
Total debt $95.01bn $60.88bn
Debt to equity 174.0% 187.1%
Dividend per share $2.27 —
Dividend yield 2.9% 0.6%
Share buybacks — —
Employees 9,400 —
Market value $176.25bn $29.06bn
Price vs our value range Above our value range —
Moat score 62 (Moderate) 16 (Weak)
Insider trades, 12 months 0 buys, 17 sales 2 buys, 13 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.