POR Financials Portland General Electric Co /Or/

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 48 d ago 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$3.6B	$306M	0.0%	15.5%	7.4%	2.3%	-$71M	$4.7B	$76M
2024	$3.4B	$313M	0.0%	14.9%	8.2%	2.5%	-$490M	$4.5B	$12M
2023	$2.9B	$228M	0.0%	13.5%	6.9%	2.0%	-$938M	$4.1B	$5M
2022	$2.6B	$233M	0.0%	15.0%	8.4%	2.2%	-$92M	$3.7B	$165M
2021	$2.4B	$244M	0.0%	15.8%	9.0%	2.6%	-$104M	$3.3B	$52M
2020	$2.1B	$155M	0.0%	12.5%	5.9%	1.7%	-$217M	$3.2B	$257M
2019	$2.1B	$214M	0.0%	16.6%	8.3%	2.5%	-$60M	$2.6B	$30M
2018	$2.0B	$212M	0.0%	17.4%	8.5%	2.6%	$35M	$2.5B	$119M
2017	$2.0B	$187M	0.0%	18.9%	7.7%	2.4%	$83M	$2.4B	$39M
2016	$1.9B	$193M	0.0%	17.7%	8.2%	2.6%	-$22M	$2.4B	—
2015	—	$172M	—	—	7.6%	2.4%	-$78M	$2.2B	—
2014	—	$174M	—	—	9.1%	2.5%	-$487M	$2.5B	—
2013	—	$104M	—	—	5.7%	1.7%	-$112M	$1.9B	—
2012	—	$140M	—	—	8.1%	2.5%	$191M	$1.7B	—
2011	—	$147M	—	—	8.8%	2.6%	$153M	$1.8B	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jun '26	$814M	$68M	0.0%	14.9%	1.6%	0.5%	-$156M	$4.9B	$35M
Mar '26	$879M	$45M	0.0%	12.2%	1.1%	0.3%	$9M	$4.7B	$8M
Dec '25	$889M	$41M	0.0%	10.7%	1.0%	0.3%	-$142M	$4.7B	$76M
Sep '25	$952M	$103M	0.0%	18.3%	2.6%	0.8%	$100M	$4.7B	$137M
Jun '25	$807M	$62M	0.0%	14.6%	1.6%	0.5%	$99M	$4.7B	$56M
Mar '25	$928M	$100M	0.0%	18.1%	2.6%	0.8%	-$128M	$4.7B	$11M
Dec '24	$824M	$38M	0.0%	10.7%	1.0%	0.3%	-$222M	$4.5B	$12M
Sep '24	$929M	$94M	0.0%	15.7%	2.6%	0.8%	-$9M	$4.4B	$35M
Jun '24	$758M	$72M	0.0%	15.3%	2.1%	0.6%	-$109M	$4.4B	$6M
Mar '24	$929M	$109M	0.0%	17.4%	3.2%	0.9%	-$150M	$4.4B	$176M
Dec '23	$725M	$68M	0.0%	15.6%	2.0%	0.6%	-$338M	$4.1B	$5M
Sep '23	$802M	$47M	0.0%	10.6%	1.4%	0.4%	-$170M	$3.8B	$47M
Jun '23	$648M	$39M	0.0%	12.5%	1.2%	0.4%	-$117M	$3.6B	$13M
Mar '23	$748M	$74M	0.0%	15.6%	2.4%	0.7%	-$313M	$3.6B	$12M
Dec '22	$687M	$51M	0.0%	12.7%	1.8%	0.5%	-$125M	$3.7B	$165M
Sep '22	$743M	$58M	0.0%	12.4%	2.1%	0.6%	-$73M	$3.3B	$18M
Jun '22	$591M	$64M	0.0%	19.0%	2.3%	0.7%	$24M	$3.3B	$91M
Mar '22	$626M	$60M	0.0%	16.9%	2.2%	0.6%	$82M	$3.3B	$110M
Dec '21	$608M	$66M	0.0%	16.6%	2.4%	0.7%	-$200M	$3.3B	$52M
Sep '21	$642M	$50M	0.0%	12.9%	1.9%	0.5%	$146M	$3.3B	$294M

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 24.7× (Mar '23) to 18.9× (Sep '26).
The price-to-sales ratio has fallen from 2.2× (Mar '23) to 1.6× (Sep '26).
The dividend yield has risen from 2.7% (Mar '23) to 3.9% (Sep '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 Sep '26, Portland General Electric Co /Or/ traded at a price-to-earnings ratio of about 18.9× (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.