--- title: "PG&E Corporation: Competitors" description: "PG&E Corporation compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how peers are chosen." canonical: https://www.getswoopr.com/stocks/companies/pg-and-e-corporation/competitors/ source: "Swoopr Investment: https://www.getswoopr.com" --- # PG&E Corporation: Competitors & Industry Structure ## Direct Answer SEC EDGAR classifies PG&E Corporation under SIC code 4931 (Electric & Other Services Combined). Among Swoopr's S&P 500 Equal Weight companies, 14 others share that classification; by latest reported revenue, PG&E Corporation ranks 2 of 15. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes. ## How Does PG&E Corporation Compare With Its Peers? | Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin | | --- | --- | --- | --- | --- | | [Duke Energy (DUK)](https://www.getswoopr.com/stocks/companies/duke-energy/) | $31.7 billion FY2025 | 5.6% | 27.2% | 15.7% | | **PG&E Corporation (PCG)** | $24.9 billion FY2025 | 2.1% | 19.0% | 0.0% | | [Exelon (EXC)](https://www.getswoopr.com/stocks/companies/exelon/) | $24.3 billion FY2025 | 5.3% | 21.2% | 11.4% | | [Consolidated Edison (ED)](https://www.getswoopr.com/stocks/companies/consolidated-edison/) | $16.9 billion FY2025 | 10.9% | 17.3% | 0.0% | | [Xcel Energy (XEL)](https://www.getswoopr.com/stocks/companies/xcel-energy/) | $14.7 billion FY2025 | 9.1% | 17.6% | 13.8% | | [Public Service Enterprise Group (PEG)](https://www.getswoopr.com/stocks/companies/public-service-enterprise-group/) | $12.2 billion FY2025 | 18.3% | 24.5% | 17.3% | | [WEC Energy Group (WEC)](https://www.getswoopr.com/stocks/companies/wec-energy-group/) | $9.8 billion FY2025 | 14.0% | 22.9% | 15.9% | | [Ameren (AEE)](https://www.getswoopr.com/stocks/companies/ameren/) | $8.8 billion FY2025 | 15.4% | 23.0% | 16.6% | | [CMS Energy (CMS)](https://www.getswoopr.com/stocks/companies/cms-energy/) | $8.5 billion FY2025 | 13.6% | 20.2% | 12.5% | | [NiSource (NI)](https://www.getswoopr.com/stocks/companies/nisource/) | $6.5 billion FY2025 | 23.5% | 28.1% | 14.3% | | [Evergy (EVRG)](https://www.getswoopr.com/stocks/companies/evergy/) | $6.0 billion FY2025 | 2.0% | 25.7% | 14.4% | | [Alliant Energy (LNT)](https://www.getswoopr.com/stocks/companies/alliant-energy/) | $4.4 billion FY2025 | 9.6% | 23.5% | 18.6% | | [NorthWestern Energy Group Inc. (NWE)](https://www.getswoopr.com/stocks/companies/northwestern-energy-group-inc/) | $1.6 billion FY2025 | 6.4% | 20.2% | 11.2% | | [Genie Energy Ltd. (GNE)](https://www.getswoopr.com/stocks/companies/genie-energy-ltd/) | $502 million FY2025 | 18.1% | 5.5% | 4.7% | | [GridAI Technologies Corp. (GRDX)](https://www.getswoopr.com/stocks/companies/gridai-technologies-corp/) | $36,251 FY2025 | n/a | -19540.0% | -17634.4% | Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care. ![Bar chart of operating margin for PG&E Corporation and 7 peers: Duke Energy (DUK) 27.2%, PG&E Corporation (PCG) 19.0%, Exelon (EXC) 21.2%, Consolidated Edison (ED) 17.3%, Xcel Energy (XEL) 17.6%, Public Service Enterprise Group (PEG) 24.5%, WEC Energy Group (WEC) 22.9%, Ameren (AEE) 23.0%.](https://www.getswoopr.com/images/charts/pg-and-e-corporation-competitors-peer-margins.webp) *Operating margin of PG&E Corporation against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.* ## How Does PG&E Corporation Rank Among All SEC Filers in Its Industry Code? 15 companies with annual reports in Swoopr's SEC dataset share SIC code 4931 (Electric & Other Services Combined), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars. | Measure | PG&E Corporation | Median of filers | Rank | | --- | --- | --- | --- | | Revenue | $24.9 billion | $8.8 billion | 2 of 15 | | Revenue growth | 2.1% | 10.2% | 13 of 14 | | Operating margin | 19.0% | 21.2% | 11 of 15 | | Net margin | 0.0% | 13.8% | 14 of 15 | A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality. ## Where These Numbers Come From Every figure on this page is a value PG&E Corporation reported in its own SEC filings, read from the SEC's XBRL data (accession 0001004980-26-000009 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### Who are PG&E Corporation's competitors? Companies sharing PG&E Corporation's SEC classification (SIC code 4931 (Electric & Other Services Combined)) include Duke Energy (DUK), Exelon (EXC), Consolidated Edison (ED), Xcel Energy (XEL), Public Service Enterprise Group (PEG). Its 10-K names the competitors it considers most relevant. ### How does PG&E Corporation compare with its peers on margins? PG&E Corporation's fiscal 2025 operating margin was 19.0%, against a peer median of 22.1%. ### How are these peers chosen? By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict. ### How does PG&E Corporation rank among all companies in its SEC industry? Among 15 SEC filers under SIC code 4931, PG&E Corporation ranks 2 by latest revenue, and 11 of 15 by operating margin (19.0% against a median of 21.2%). ## References - [SEC EDGAR: PG&E Corp Form 10-K filed February 12, 2026](https://www.sec.gov/Archives/edgar/data/1004980/000100498026000009/pcg-20251231.htm) - [SEC EDGAR: PG&E Corp annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1004980&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [PG&E Corporation company dossier](https://www.getswoopr.com/stocks/companies/pg-and-e-corporation/) - [PG&E Corporation financial metrics](https://www.getswoopr.com/stocks/companies/pg-and-e-corporation/metrics/) - [PG&E Corporation financial risk indicators](https://www.getswoopr.com/stocks/companies/pg-and-e-corporation/risks/) - [PG&E Corporation peer comparison](https://www.getswoopr.com/stocks/companies/pg-and-e-corporation/competitors/) - [PG&E Corporation business model and revenue mix](https://www.getswoopr.com/stocks/companies/pg-and-e-corporation/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).