Revenue
$3.58B
Fiscal year ended 2025-12-31Operating income
$555.00M
Fiscal year ended 2025-12-31Free cash flow
-$71.00M
Fiscal year ended 2025-12-31PORTLAND GENERAL ELECTRIC CO /OR/ (POR) reported revenue of $3.58B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from PORTLAND GENERAL ELECTRIC CO /OR/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Electric Services.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.58B | $3.44B | $2.92B | $2.65B | $2.40B | $2.14B | $2.12B | $1.99B | $2.01B | $1.92B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $555.00M | $512.00M | $396.00M | $397.00M | $378.00M | $269.00M | $353.00M | $346.00M | $380.00M | $340.00M |
| Net income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $193.00M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 110.74M | shares 104.16M | shares 97.95M | shares 89.64M | shares 89.63M | shares 89.64M | shares 89.56M | shares 89.35M | shares 89.18M | shares 89.05M |
| Pretax income | $359.00M | $350.00M | $273.00M | $272.00M | $267.00M | $155.00M | $241.00M | $229.00M | $273.00M | $243.00M |
| Income tax expense | $53.00M | $37.00M | $45.00M | $39.00M | $23.00M | $0 | $27.00M | $17.00M | $86.00M | $50.00M |
| Diluted EPS | $2.77 | $3.01 | $2.33 | $2.60 | $2.72 | $1.72 | $2.39 | $2.37 | $2.10 | $2.16 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $392.00M | $403.00M | $341.00M | $340.00M | $336.00M | $283.00M | $290.00M | $271.00M | $260.00M | $240.00M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $257.00M | $30.00M | $119.00M | $39.00M | $6.00M |
| Total assets | $13.23B | $12.54B | $11.21B | $10.46B | $9.49B | $9.07B | $8.39B | $8.11B | $7.84B | $7.53B |
| Current assets | $1.07B | $1.02B | $935.00M | $1.21B | $688.00M | $721.00M | $500.00M | $643.00M | $526.00M | $463.00M |
| Total liabilities | $9.10B | $8.75B | $7.89B | $7.68B | $6.79B | $6.46B | $5.80B | $5.60B | $5.42B | $5.18B |
| Current liabilities | $993.00M | $1.12B | $1.11B | $1.50B | $768.00M | $815.00M | $519.00M | $791.00M | $432.00M | $577.00M |
| Total equity incl. NCI | $4.13B | $3.79B | $3.32B | $2.78B | $2.71B | $2.61B | $2.59B | $2.51B | $2.42B | $2.34B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $460.00M | $456.00M | $414.00M | $398.00M | $329.00M | $271.00M | $253.00M | $193.00M | $168.00M | $155.00M |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $4.66B | $4.35B | $3.90B | $3.39B | $3.28B | $2.89B | $2.60B | $2.18B | $2.43B | $2.20B |
| Accounts payable | $330.00M | $365.00M | $347.00M | $457.00M | $244.00M | $153.00M | $165.00M | $168.00M | $132.00M | $129.00M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.12B | $778.00M | $420.00M | $674.00M | $532.00M | $567.00M | $546.00M | $630.00M | $597.00M | $562.00M |
| Capital expenditures | $1.19B | $1.27B | $1.36B | $766.00M | $636.00M | $784.00M | $606.00M | $595.00M | $514.00M | $584.00M |
| Investing cash flow | -$1.20B | -$1.30B | -$1.36B | -$758.00M | -$656.00M | -$787.00M | -$604.00M | -$471.00M | -$514.00M | -$585.00M |
| Financing cash flow | $142.00M | $526.00M | $778.00M | $197.00M | -$81.00M | $447.00M | -$31.00M | -$79.00M | -$50.00M | $25.00M |
| Net change in cash | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | -$89.00M | $80.00M | $33.00M | $2.00M |
| Stock-based compensation | $16.00M | $24.00M | $17.00M | $15.00M | $14.00M | $11.00M | $9.00M | $5.00M | $7.00M | $6.00M |
| Common dividends paid | $225.00M | $200.00M | $179.00M | $158.00M | $150.00M | $140.00M | $134.00M | $125.00M | $118.00M | $110.00M |
| Common share repurchases | Unavailable | $0 | $0 | $18.00M | $12.00M | $0 | $0 | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $578.00M | $496.00M | $458.00M | $417.00M | $404.00M | $454.00M | $409.00M | $382.00M | $345.00M | $321.00M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$71.00M | -$490.00M | -$938.00M | -$92.00M | -$104.00M | -$217.00M | -$60.00M | $35.00M | $83.00M | -$22.00M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 15.5% | 14.9% | 13.5% | 15.0% | 15.8% | 12.5% | 16.6% | 17.4% | 18.9% | 17.7% |
| FCF margin | -2.0% | -14.2% | -32.1% | -3.5% | -4.3% | -10.1% | -2.8% | 1.8% | 4.1% | -1.1% |
| SBC / revenue | 0.4% | 0.7% | 0.6% | 0.6% | 0.6% | 0.5% | 0.4% | 0.3% | 0.3% | 0.3% |
| Current ratio | 1.08x | 0.92x | 0.84x | 0.81x | 0.90x | 0.88x | 0.96x | 0.81x | 1.22x | 0.80x |
| Revenue YoY growth | 4.0% | 17.7% | 10.4% | 10.5% | 11.7% | 1.0% | 6.6% | -0.9% | 4.5% | Unavailable |
| Net margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 33.2% | 36.9% | 46.5% | 28.9% | 26.5% | 36.6% | 28.5% | 29.9% | 25.6% | 30.4% |
| Long-term debt / equity | 1.13x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 14.8% | 10.6% | 16.5% | 14.3% | 8.6% | 0.0% | 11.2% | 7.4% | 31.5% | 20.6% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open POR in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-31View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-02-17View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-Q · Filed 2025-07-25View SEC filing
10-Q · Filed 2025-04-25View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.