PG&E Corp (PCG) — Financial Flexibility Index
PG&E Corp (PCG) has a Financial Flexibility Index of 0.05x as of March 2026. Free cash flow of $5.79 Billion (operating CF $2.43 Billion minus capex $3.36 Billion) represents 0% of total liabilities ($108.45 Billion). Check PCG cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
PG&E Corp Financial Flexibility Index (1995–2025)
Historical Financial Flexibility Index trend for PG&E Corp across 31 annual periods. For the full cash flow conversion analysis, see PCG cash flow conversion.
Annual Financial Flexibility Index for PG&E Corp (1995–2025)
Year-by-year free cash flow to debt coverage for PG&E Corp. Explore PCG operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.19x | $20.50 Billion | $8.72 Billion | $108.82 Billion | ▲ +5.7% |
| 2024 | 0.18x | $18.40 Billion | $8.04 Billion | $103.26 Billion | ▲ +23.8% |
| 2023 | 0.14x | $14.46 Billion | $4.75 Billion | $100.41 Billion | ▲ +3.5% |
| 2022 | 0.14x | $13.30 Billion | $3.72 Billion | $95.57 Billion | ▲ +8.5% |
| 2021 | 0.13x | $9.95 Billion | $2.26 Billion | $77.57 Billion | ▲ +185.9% |
| 2020 | -0.15x | $-11.44 Billion | $-19.13 Billion | $76.60 Billion | ▼ -207.1% |
| 2019 | 0.14x | $11.13 Billion | $4.82 Billion | $79.81 Billion | ▼ -20.7% |
| 2018 | 0.18x | $11.27 Billion | $4.75 Billion | $64.09 Billion | ▼ -26.6% |
| 2017 | 0.24x | $11.62 Billion | $5.98 Billion | $48.54 Billion | ▲ +19.2% |
| 2016 | 0.20x | $10.12 Billion | $4.41 Billion | $50.41 Billion | ▲ +4.0% |
| 2015 | 0.19x | $8.95 Billion | $3.78 Billion | $46.41 Billion | ▼ -0.1% |
| 2014 | 0.19x | $8.52 Billion | $3.69 Billion | $44.13 Billion | ▼ -8.3% |
| 2013 | 0.21x | $8.63 Billion | $3.43 Billion | $41.01 Billion | ▼ -13.4% |
| 2012 | 0.24x | $9.51 Billion | $4.88 Billion | $39.12 Billion | ▲ +16.8% |
| 2011 | 0.21x | $7.78 Billion | $3.74 Billion | $37.40 Billion | ▲ +2.3% |
| 2010 | 0.20x | $7.01 Billion | $3.21 Billion | $34.49 Billion | ▼ -6.0% |
| 2009 | 0.22x | $7.00 Billion | $3.04 Billion | $32.36 Billion | ▲ +9.7% |
| 2008 | 0.20x | $6.38 Billion | $2.75 Billion | $32.35 Billion | ▲ +6.7% |
| 2007 | 0.18x | $5.32 Billion | $2.55 Billion | $28.78 Billion | ▼ -3.5% |
| 2006 | 0.19x | $5.12 Billion | $2.71 Billion | $26.74 Billion | ▲ +22.0% |
| 2005 | 0.16x | $4.21 Billion | $2.41 Billion | $26.86 Billion | ▲ +4.0% |
| 2004 | 0.15x | $3.91 Billion | $2.35 Billion | $25.91 Billion | ▼ -7.8% |
| 2003 | 0.16x | $4.20 Billion | $2.50 Billion | $25.67 Billion | ▲ +104.0% |
| 2002 | 0.08x | $2.36 Billion | $814.00 Million | $29.45 Billion | ▼ -68.5% |
| 2001 | 0.25x | $7.95 Billion | $5.28 Billion | $31.24 Billion | ▲ +172.4% |
| 2000 | 0.09x | $3.05 Billion | $705.00 Million | $32.68 Billion | ▼ -45.6% |
| 1999 | 0.17x | $3.74 Billion | $2.15 Billion | $21.80 Billion | ▲ +6.7% |
| 1998 | 0.16x | $3.92 Billion | $2.30 Billion | $24.39 Billion | ▼ -22.8% |
| 1997 | 0.21x | $4.44 Billion | $2.62 Billion | $21.32 Billion | ▼ -8.2% |
| 1996 | 0.23x | $3.84 Billion | $2.61 Billion | $16.93 Billion | ▼ -7.4% |
| 1995 | 0.25x | $4.27 Billion | $3.34 Billion | $17.41 Billion | — |