15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 10.8% per year over the past 5 years.
Net income has grown faster than revenue (14.6% vs 10.8% per year).
Operating margin has expanded, at 15.5% in the latest year.
Financial health
Total debt ($4.7B) exceeds cash ($76M); net debt is $4.6B.
Total debt has grown in line with revenue (7.8% vs 10.8% per year).
Operating income covered interest expense 2.4× in the latest year, up from 2.0× 5 years ago.
Total debt is 4.1× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 73.5% of earnings.
The dividend has grown 10.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$3.6B
$306M
0.0%
15.5%
-$71M
$4.7B
$76M
2024
$3.4B
$313M
0.0%
14.9%
-$490M
$4.5B
$12M
2023
$2.9B
$228M
0.0%
13.5%
-$938M
$4.1B
$5M
2022
$2.6B
$233M
0.0%
15.0%
-$92M
$3.7B
$165M
2021
$2.4B
$244M
0.0%
15.8%
-$104M
$3.3B
$52M
2020
$2.1B
$155M
0.0%
12.5%
-$217M
$3.2B
$257M
2019
$2.1B
$214M
0.0%
16.6%
-$60M
$2.6B
$30M
2018
$2.0B
$212M
0.0%
17.4%
$35M
$2.5B
$119M
2017
$2.0B
$187M
0.0%
18.9%
$83M
$2.4B
$39M
2016
$1.9B
$193M
0.0%
17.7%
-$22M
$2.4B
—
2015
—
$172M
—
—
-$78M
$2.2B
—
2014
—
$174M
—
—
-$487M
$2.5B
—
2013
—
$104M
—
—
-$112M
$1.9B
—
2012
—
$140M
—
—
$191M
$1.7B
—
2011
—
$147M
—
—
$153M
$1.8B
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$879M
$45M
0.0%
12.2%
$9M
$4.7B
$8M
Dec '25
$889M
$41M
0.0%
10.7%
-$142M
$4.7B
$76M
Sep '25
$952M
$103M
0.0%
18.3%
$100M
$4.7B
$137M
Jun '25
$807M
$62M
0.0%
14.6%
$99M
$4.7B
$56M
Mar '25
$928M
$100M
0.0%
18.1%
-$128M
$4.7B
$11M
Dec '24
$824M
$38M
0.0%
10.7%
-$222M
$4.5B
$12M
Sep '24
$929M
$94M
0.0%
15.7%
-$9M
$4.4B
$35M
Jun '24
$758M
$72M
0.0%
15.3%
-$109M
$4.4B
$6M
Mar '24
$929M
$109M
0.0%
17.4%
-$150M
$4.4B
$176M
Dec '23
$725M
$68M
0.0%
15.6%
-$338M
$4.1B
$5M
Sep '23
$802M
$47M
0.0%
10.6%
-$170M
$3.8B
$47M
Jun '23
$648M
$39M
0.0%
12.5%
-$117M
$3.6B
$13M
Mar '23
$748M
$74M
0.0%
15.6%
-$313M
$3.6B
$12M
Dec '22
$687M
$51M
0.0%
12.7%
-$125M
$3.7B
$165M
Sep '22
$743M
$58M
0.0%
12.4%
-$73M
$3.3B
$18M
Jun '22
$591M
$64M
0.0%
19.0%
$24M
$3.3B
$91M
Mar '22
$626M
$60M
0.0%
16.9%
$82M
$3.3B
$110M
Dec '21
$608M
$66M
0.0%
16.6%
-$200M
$3.3B
$52M
Sep '21
$642M
$50M
0.0%
12.9%
$146M
$3.3B
$294M
Jun '21
$537M
$32M
0.0%
11.4%
-$65M
$3.1B
$17M
Valuation over time
How the market has priced POR against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 24.3× (Mar '23) to 19.5× (Jun '26).
The price-to-sales ratio has fallen from 2.1× (Mar '23) to 1.7× (Jun '26).
The dividend yield has risen from 2.8% (Mar '23) to 3.8% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is POR growing its revenue and profit?
Over the past 5 years, Portland General Electric Co /Or/'s revenue has grown 10.8% per year, and net income grown 14.6% per year. These are computed facts, not advice.
How much debt does POR have?
As of FY2025, Portland General Electric Co /Or/ reported $4.7B of total debt against $76M of cash; operating income covered interest expense 2.4×.
What is POR's profit margin?
In FY2025, gross margin was —, operating margin 15.5%, and net margin 8.6%.
What is POR's P/E ratio?
As of Jun '26, Portland General Electric Co /Or/ traded at a price-to-earnings ratio of about 19.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.