ES vs. PCG: Eversource Energy vs. PG&E Stock Comparison
How do Eversource Energy (ES) and PG&E (PCG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Eversource Energy (ES) and PG&E (PCG) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.
| Profile Item | ES | PCG |
|---|---|---|
| Name | Eversource Energy | PG&E Corporation |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Electric Utilities |
| GICS Sub-Industry | Electric Utilities | Electric Utilities |
| Market Capitalization | 26.31 billion USD | 28.57 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ES | PCG |
|---|---|---|
| Total Return (1Y) | 0.35% | -19.03% |
| Total Return (3Y, Annualized) | 14.06% | -6.50% |
| Total Return (5Y, Annualized) | 0.61% | 2.05% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ES | PCG |
|---|---|---|
| Volatility (1Y, Annualized) | 24.60% | 34.84% |
| Beta (5Y) | 0.65 | 0.17 |
| Max Drawdown (5Y) | -41.69% | -43.92% |
| Avg. Volume (3M) | 2.53M | 39.33M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ES | PCG |
|---|---|---|
| Sharpe Ratio (1Y) | -0.16 | -0.67 |
| Sortino Ratio (1Y) | -0.20 | -0.81 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: PG&E (PCG) earns 8.89% on shareholders’ equity, ranked against its industry; Eversource Energy (ES) has no ROE this period.
ES
Utilities industry group
--
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
- ES
- --
PCG
Utilities industry group
8.89%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- PCG
- 8.89%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Both Eversource Energy (ES) at 10.38% and PG&E (PCG) at 11.57% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
ES
Utilities industry group
10.38%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- ES
- 10.38%
- Q1
- 9.18%
- Min
- -0.20%
PCG
Utilities industry group
11.57%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- PCG
- 11.57%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both Eversource Energy (ES) at 21.14% and PG&E (PCG) at 23.64% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
ES
Utilities industry group
21.14%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- ES
- 21.14%
- Q1
- 15.45%
- Min
- -4.90%
PCG
Utilities industry group
23.64%
- Max
- 53.83%
- Q3
- 31.12%
- PCG
- 23.64%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | ES | PCG |
|---|---|---|
| ROE (TTM) | -- | 8.89% |
| ROA (TTM) | -- | 2.59% |
| Net Margin (TTM) | 10.38% | 11.57% |
| Operating Margin (TTM) | 21.14% | 23.64% |
| Gross Margin (TTM) | 51.63% | 40.57% |
Growth
Revenue Growth
Eversource Energy (ES) at 13.83% sits in the top revenue growth quartile, while PG&E (PCG) at 2.11% is in the bottom quartile, showing a clear gap in revenue momentum.
EPS Growth
Eversource Energy (ES) at 100.88% clears its industry range for EPS growth, a much stronger earnings trajectory than PG&E (PCG) at 2.61%, which is closer to a typical peer reading.
Growth Metrics
| Metric | ES | PCG |
|---|---|---|
| Revenue Growth (YoY) | 13.83% | 2.11% |
| Revenue Growth (3Y CAGR) | 3.30% | 4.77% |
| EPS Growth (YoY) | 100.88% | 2.61% |
| EPS Growth (3Y CAGR) | 4.03% | 12.00% |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: PG&E (PCG) shows current ratio of 1.03 against its industry benchmark, while Eversource Energy (ES) has no reading this period.
ES
Utilities industry group
--
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
- ES
- --
PCG
Utilities industry group
1.03
- Max
- 1.90
- Q3
- 1.17
- PCG
- 1.03
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Both Eversource Energy (ES) at 1.81 and PG&E (PCG) at 1.88 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.
ES
Utilities industry group
1.81
- Max
- 2.63
- ES
- 1.81
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
PCG
Utilities industry group
1.88
- Max
- 2.63
- PCG
- 1.88
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | ES | PCG |
|---|---|---|
| Current Ratio (MRQ) | -- | 1.03 |
| Debt / Equity (MRQ) | 1.81 | 1.88 |
| Net Debt / EBITDA | 5.73 | 6.05 |
Dividends
Dividend Yield (TTM)
Eversource Energy (ES) at 4.33% delivers top-quartile income for its industry, while PG&E (PCG) at 1.51% pays a more typical yield — both are credible income propositions, ES the richer one.
ES
Utilities industry group
4.33%
- Max
- 6.66%
- ES
- 4.33%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
PCG
Utilities industry group
1.51%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- PCG
- 1.51%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
PG&E (PCG) at 14.81% retains more earnings than its industry usually does; Eversource Energy (ES) at 82.19% distributes an above-typical share — opposite departures from the band, with the risk sitting on ES’s side.
ES
Utilities industry group
82.19%
- Max
- 113.04%
- ES
- 82.19%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
PCG
Utilities industry group
14.81%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- PCG
- 14.81%
- Min
- 0.00%
Dividend Metrics
| Metric | ES | PCG |
|---|---|---|
| Dividend Yield (TTM) | 4.33% | 1.51% |
| Dividend Payout Ratio (TTM) | 82.19% | 14.81% |
Valuation
P/E Ratio (TTM)
PG&E (PCG) at 9.61 sits in the cheaper P/E ratio quartile, while Eversource Energy (ES) at 18.43 is closer to its industry’s usual earnings multiple — a discount for PCG, though growth and earnings durability still matter.
ES
Utilities industry group
18.43
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- ES
- 18.43
- Q1
- 15.17
- Min
- 3.34
PCG
Utilities industry group
9.61
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- PCG
- 9.61
- Min
- 3.34
P/S Ratio (TTM)
PG&E (PCG) at 1.11 sits in the cheaper P/S ratio quartile while Eversource Energy (ES) at 1.91 prices around its industry’s middle — PCG costs less per dollar of sales, though read it alongside growth and margins.
ES
Utilities industry group
1.91
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- ES
- 1.91
- Q1
- 1.52
- Min
- 0.00
PCG
Utilities industry group
1.11
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- PCG
- 1.11
- Min
- 0.00
P/B Ratio (MRQ)
PG&E (PCG) at 0.87 sits in the lower P/B ratio quartile against book while Eversource Energy (ES) at 1.61 is valued near its industry’s middle — PCG is cheaper on assets, though weigh it against ROE and asset quality.
ES
Utilities industry group
1.61
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- ES
- 1.61
- Q1
- 1.46
- Min
- 0.34
PCG
Utilities industry group
0.87
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- PCG
- 0.87
- Min
- 0.34
Valuation Metrics
| Metric | ES | PCG |
|---|---|---|
| P/E Ratio (TTM) | 18.43 | 9.61 |
| P/S Ratio (TTM) | 1.91 | 1.11 |
| P/B Ratio (MRQ) | 1.61 | 0.87 |
| Free Cash Flow Yield (TTM) | -- | -22.73% |