Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $97,856 | $103,327 | $118,644 | $125,698 | $133,660 |
Liabilities | $76,855 | $82,356 | $95,821 | $100,658 | $103,511 |
Equity | $21,001 | $20,971 | $22,823 | $25,040 | $30,149 |
Edwyn
Over the last 5 years, PG&E Corp has shown a consistent pattern of growth in its financial position. Total assets have steadily increased from $97.9 billion in 2020 to $133.7 billion in 2024, reflecting the company's expanding operations and investments. This growth in assets indicates the company's ability to effectively utilize its resources and generate value. Simultaneously, total liabilities have also increased, but at a slightly slower pace compared to assets. Liabilities rose from $76.9 billion in 2020 to $103.5 billion in 2024. The growth in liabilities suggests that the company has been strategically leveraging debt to finance its operations and expansion initiatives. Stockholders' equity has shown a notable increase over the period, going up from $21 billion in 2020 to $30.1 billion in 2024. This growth in equity demonstrates that the company has been able to generate strong returns for its shareholders despite the increase in liabilities. Overall, PG&E Corp's financial position appears robust, with a healthy balance between assets, liabilities, and equity, positioning it well for future growth and stability in the industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.