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Stock research / United States / POR · Electric Services · NYSE

Portland General Electric Co. (POR)

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Portland General Electric Co. (POR) reported revenue of $814 million for Q2 FY2026, the quarter ended 30 June 2026, up 0.9% on the same quarter a year earlier. Net income was $68 million, up 9.7% on the year, and diluted earnings per share $0.59. The figures are the company's own, from the 10-Q it filed with the SEC on 31 July 2026.

Revenue$814 millionup 0.9%
Net income$68 millionup 9.7%
Diluted EPS$0.59
QuarterQ2 FY2026ended 30 June 2026

Portland General Electric (POR) in brief

Portland General Electric (POR) reported revenue of $3.6 billion for fiscal 2025, the year ended 31 December 2025, up 4.0% on the year before.
Read moreNet income was $306 million and diluted earnings per share $2.77. Revenue was $3.4 billion in fiscal 2024, $2.9 billion in fiscal 2023, $2.6 billion in fiscal 2022 and $2.4 billion in fiscal 2021. Net income in the same years was $313 million, $228 million, $233 million and $244 million. Over the twelve months to 30 June 2026, Portland General Electric reported revenue of $3.5 billion and net income of $257 million. Revenue grew 10.8% a year, compounded, over the five years to fiscal 2025. Portland General Electric declared $2.08 a share in dividends over the last four quarters and had 116 million shares outstanding at the latest filed count. At the close of 8 October 2026 the market cap of Portland General Electric was $5.3 billion, 20.0 times its earnings over the last twelve months.

Ratios

From the filings

ROE6.2%
ROCE5.5%
Operating margin14.1%
Net margin7.3%
FCF margin-5.3%
Interest cover2.07
Debt to equity1.20
Cash conversion4.04
Share count, 1 year5.7%
Sales CAGR, 3 years10.5%
Profit CAGR, 3 years9.5%
EPS, TTM$2.27

At the close of 8 October 2026

Price$45.35
Market cap$5.3 billion
Stock P/E19.98
Price to book1.27
EV / EBITDA9.37
Dividend yield4.6%
Market cap / sales1.49
52-week high$54.22
52-week low$43.22
Price, 1 year3.3%
Price CAGR, 3 years3.3%
Price CAGR, 5 years-1.4%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Debt to equity here stands on long-term debt as Portland General Electric Co. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
PORgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on POR

Filings20 in twelve months: 13 current reports (8-K), about 7 regulation fd disclosure; 5 other events; 4 results of operations; 2 material agreement; 2 new financial obligation
Planned insider sales9 Form 144 notices in twelve months, $2.7 million; latest 27 July 2026
Options tapeput/call 0.1 by open interest at the 8 October 2026 close; the straddle prices a 3.9% move to 16 October 2026
13F holders10 of the followed funds hold it; largest Two Sigma Investments; 4 Schedule 13D or 13G filings in twelve months
Insider trading8 sales and 1 purchase on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest6.4 million shares short, 8.03 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue802725929758929824928807952889879814
Operating income85.011316211614688.016811817495.0107121
Operating margin11%16%17%15%16%11%18%15%18%11%12%15%
Interest expense42.046.051.052.053.055.056.057.060.059.060.061.0
Pre-tax income53.083.012279.010544.012274.012340.054.080.0
Tax rate11%18%11%9%10%14%18%16%16%-2%17%15%
Net income47.068.010972.094.038.010062.010341.045.068.0
Net margin6%9%12%9%10%5%11%8%11%5%5%8%
Diluted EPS$0.46$0.68$1.08$0.69$0.90$0.34$0.91$0.56$0.94$0.36$0.38$0.59
Operating cash flow18889.0175189244170231336403148268220
Capital expenditure358427325298253392359237303290259376
Free cash flow-170-338-150-109-9.0-222-12899.0100-1429.0-156
Buybacks0.00.0n/an/an/an/an/an/an/an/an/an/a
Dividends paid47.048.048.048.052.052.055.054.058.058.060.060.0
Shares outstanding101m101m103m103m105m109m110m110m111m116m116m116m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 10 fiscal years and the trailing twelve months

FY2016 †FY2017 †FY2018FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue1,9232,0091,9912,1232,1452,3962,6472,9233,4403,5763,534
Operating income340380346353269378397396512555497
Operating margin17.7%18.9%17.4%16.6%12.5%15.8%15.0%13.5%14.9%15.5%14.1%
Interest expense112120124128136137156173211232240
Pre-tax income243273229241155267272273350359297
Income tax50.086.017.027.00.023.039.045.037.053.040.0
Effective tax rate20.6%31.5%7.4%11.2%0.0%8.6%14.3%16.5%10.6%14.8%13.5%
Net income193187212214155244233228313306257
Net margin10.0%9.3%10.6%10.1%7.2%10.2%8.8%7.8%9.1%8.6%7.3%
Diluted EPS$2.16$2.10$2.37$2.39$1.72$2.72$2.60$2.33$3.01$2.77$2.27
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2016 †FY2017 †FY2018FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow5625976305465675326744207781,1181,039
Capital expenditure5845145956067846367661,3581,2681,1891,228
Free cash flow-22.083.035.0-60.0-217-104-92.0-938-490-71.0-189
Free cash flow margin-1.1%4.1%1.8%-2.8%-10.1%-4.3%-3.5%-32.1%-14.2%-2.0%-5.3%
Cash from investing-585-514-471-604-787-656-758-1,358-1,297-1,196-1,237
Cash from financing25.0-50.0-79.0-31.0447-81.0197778526142177
Depreciation and amortisation321345382409454404417458496578586
Share-based compensation6.07.05.09.011.014.015.017.024.016.0n/a
Buybacksn/an/an/a0.00.012.018.00.00.0n/an/a
Dividends paid110118125134140150158179200225236
Dividend per share$1.26$1.34$1.43$1.52$1.58$1.70$1.79$1.88$1.98$2.08n/a
Diluted shares, weighted89m89m89m90m90m90m90m98m104m111m116m
Shares outstanding at period end89m89m089m90m89m89m101m109m116m116m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2016 †FY2017 †FY2018FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity2,3442,4162,5062,5912,6132,7072,7793,3193,7944,1334,123
Short-term borrowingsn/an/a0.00.01500.00.01460.00.00.0
Debt2,3612,4362,4882,6083,0593,2993,6593,9994,5394,6794,928
Operating lease liabilitiesn/an/an/a43.036.022.018.016.0286277n/a
Finance lease liabilitiesn/an/a0.0135129273294289276263256
Other liabilities2,8222,9863,1163,0173,0823,1933,7093,4393,6493,8784,336
Total liabilities and equity7,5277,8388,1108,3949,0699,49410,45911,20812,54413,23013,643
Owned
Fixed assetsn/an/a6,8877,161n/an/an/an/an/an/an/a
Cash and equivalents6.039.011930.025752.01655.012.076.035.0
Receivables155168193253271329398414456460410
Other assets7,3667,6319119508,5419,1139,89610,78912,07612,69413,198
Total assets7,5277,8388,1108,3949,0699,49410,45911,20812,54413,23013,643
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a10.8%10.5%1.3%
Profit growth, compoundedn/a14.6%9.5%-12.6%
Return on equity, average7.9%8.0%7.5%7.4%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Utilities

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
NextEra Energy Inc. NEE$161.4 billion17.3916.3%29.8%10.8%1.732.9%
Constellation Energy Corp. CEG$101.2 billion27.7810.8%14.7%26.0%0.600.1%
Southern Co. SO$97.1 billion20.7611.0%24.2%6.4%1.623.4%
American Electric Power Co. Inc. AEP$66.6 billion21.209.8%23.0%10.3%1.583.1%
Dominion Energy, Inc. D$54.3 billion21.528.8%21.1%19.0%1.624.3%
Vistra Corp. VST$52.5 billion26.3340.5%18.5%3.8%3.570.6%
Entergy Corp. ETR$46.9 billion26.289.9%22.9%9.5%1.812.4%
DTE Energy Co. DTE$26.4 billion20.0810.8%13.3%15.9%2.133.5%
Firstenergy Corp. FE$26.0 billion23.868.4%14.6%12.6%2.104.0%
PPL Corp. PPL$25.7 billion20.188.4%24.1%6.7%1.323.2%
Centerpoint Energy Inc. CNP$25.3 billion22.609.5%23.2%7.1%1.952.3%
Eversource Energy ES$24.7 billion17.028.9%21.5%7.8%1.634.6%
All 53 in Utilities
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
NextEra Energy Inc. NEE$161.4 billion17.3916.3%29.8%10.8%1.732.9%
Constellation Energy Corp. CEG$101.2 billion27.7810.8%14.7%26.0%0.600.1%
Southern Co. SO$97.1 billion20.7611.0%24.2%6.4%1.623.4%
Duke Energy Corp. DUK$91.1 billion17.579.6%27.8%6.3%1.503.6%
Williams Companies, Inc. WMB$88.5 billion28.8223.3%38.2%8.7%2.132.8%
National Grid plc NGG *$80.2 billion17.878.2%30.7%-3.8%1.192.7%
Kinder Morgan, Inc. KMI$71.8 billion20.6711.0%29.0%12.5%0.943.6%
American Electric Power Co. Inc. AEP$66.6 billion21.209.8%23.0%10.3%1.583.1%
TC Energy Corporation TRP *$62.4 billion26.1412.9%52.7%10.7%2.204.0%
Targa Resources Corp. TRGP$61.9 billion27.5862.0%22.9%-2.0%5.351.3%
ONEOK Inc. OKE$56.9 billion15.5715.9%15.5%40.8%1.374.7%
Dominion Energy, Inc. D$54.3 billion21.528.8%21.1%19.0%1.624.3%
Vistra Corp. VST$52.5 billion26.3340.5%18.5%3.8%3.570.6%
Sempra SRE$52.4 billion23.217.0%n/a1.6%0.953.2%
Entergy Corp. ETR$46.9 billion26.289.9%22.9%9.5%1.812.4%
Xcel Energy Inc. XEL$45.8 billion20.109.3%19.1%4.7%1.543.1%
Exelon Corp. EXC$43.1 billion15.259.4%20.8%6.6%1.693.8%
Consolidated Edison Inc. ED$39.1 billion17.438.6%18.0%9.5%1.083.1%
Public Service Enterprise Group Inc. PEG$35.8 billion17.8711.6%23.1%12.7%1.363.5%
WEC Energy Group, Inc. WEC$33.8 billion20.0811.6%22.8%8.9%1.323.4%
Ameren Corp. AEE$28.2 billion17.9311.4%24.9%3.8%1.392.8%
Pg&E Corp. PCG$27.9 billion9.189.0%20.0%5.7%1.82n/a
Atmos Energy Corp. ATO$27.1 billion19.179.2%37.0%6.5%0.642.2%
DTE Energy Co. DTE$26.4 billion20.0810.8%13.3%15.9%2.133.5%
Firstenergy Corp. FE$26.0 billion23.868.4%14.6%12.6%2.104.0%
PPL Corp. PPL$25.7 billion20.188.4%24.1%6.7%1.323.2%
American Water Works Company, Inc. AWK$25.5 billion22.219.7%36.9%6.9%1.202.6%
Centerpoint Energy Inc. CNP$25.3 billion22.609.5%23.2%7.1%1.952.3%
Eversource Energy ES$24.7 billion17.028.9%21.5%7.8%1.634.6%
NRG Energy, Inc. NRG$22.4 billion27.6217.5%6.1%12.8%4.821.7%
Edison International EIX$20.9 billion5.6021.4%32.7%10.7%2.336.2%
CMS Energy Corp. CMS$20.5 billion19.6210.5%18.9%9.9%1.863.3%
Nisource Inc. NI$19.4 billion21.569.5%27.0%12.3%1.632.8%
Evergy, Inc. EVRG$18.6 billion20.499.1%26.2%3.6%1.203.4%
Talen Energy Corp. TLN$18.1 billionn/a-11.4%2.6%60.8%5.92n/a
Alliant Energy Corp. LNT$17.0 billion20.7310.9%22.1%6.8%1.413.1%
DT Midstream, Inc. DTM$12.6 billion27.149.8%49.6%18.1%0.702.7%
Pinnacle West Capital Corp. PNW$11.9 billion18.779.1%20.5%5.7%1.393.7%
Essential Utilities, Inc. WTRG$11.0 billion19.767.9%35.1%9.9%1.204.8%
Antero Midstream Corp. AM$9.9 billion24.8220.5%52.8%6.9%1.83n/a
OGE Energy Corp. OGE$9.5 billion20.229.4%24.2%0.6%1.123.7%
UGI Corp. UGI$7.9 billion12.3512.9%16.2%-0.5%1.284.1%
National Fuel GAS Co. NFG$7.4 billion10.8617.2%40.3%15.1%0.912.7%
Idacorp Inc. IDA$7.4 billion22.209.0%22.8%-0.4%0.972.6%
Txnm Energy Inc. TXNM$6.5 billion31.975.5%22.2%10.0%1.462.8%
Southwest Gas Holdings, Inc. SWX$6.0 billionn/an/an/an/a0.833.0%
Black Hills Corp. BKH$5.8 billion19.327.6%23.9%2.5%1.013.5%
Ormat Technologies, Inc. ORA$5.5 billion43.664.9%16.6%31.1%0.600.5%
Portland General Electric Co. POR$5.3 billion19.986.2%14.1%1.3%1.204.6%
NEW Jersey Resources Corp. NJR$5.2 billion14.0913.9%24.8%6.4%1.213.6%
Spire Inc. SR$4.6 billion8.6915.3%19.7%4.1%1.614.0%
NorthWestern Energy Group, Inc. NWE$4.6 billion26.945.9%18.8%10.7%1.193.5%
One Gas, Inc. OGS$4.5 billion15.598.1%20.6%-0.8%0.743.7%
21 companies share its SEC industry code (Electric Services); the rest are the names nearest in size in its wider industry, Utilities, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202631 July 2026EDGAR
10-Q31 March 20261 May 2026EDGAR
10-K31 December 202517 February 2026EDGAR
10-Q30 September 202531 October 2025EDGAR
10-Q30 June 202525 July 2025EDGAR
10-Q31 March 202525 April 2025EDGAR
10-K31 December 202414 February 2025EDGAR
10-Q30 September 202425 October 2024EDGAR
10-Q30 June 202426 July 2024EDGAR
10-Q31 March 202426 April 2024EDGAR

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