POR
Portland General Electric Company
POR's fundamentals are weak: free cash flow was negative and earnings per share fell 15%. At 20x earnings, it's trading in line with its usual 19x. Analysts expect earnings growth.
POR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Weak | |
| Weak |
POR's profitability is currently healthy, and its revenue is stable, but its cash flow and balance sheet are weak.
POR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $45.60 | — |
| Cheap | 16x | $37.03 | -19% |
| Fair | 19x | $43.11 | -5.5% |
| Current | 20x | $45.60 | — |
| Expensive | 23x | $53.65 | +18% |
Historical ranges are pointers, not guarantees.
POR's PE is in its fair range at 20x. If earnings grow as analysts expect, today's price would be 13x next year's earnings, in its cheap range.
POR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect POR's earnings to grow and its profitability to improve, with its revenue holding steady.
POR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.56 | +53% |
| Q3 2026 | $2.33 | -15% |
| Q2 2026 | $2.27 | -16% |
| Q1 2026 | $2.24 | -21% |
| Q4 2025 | $2.77 | -8% |
| Q3 2025 | $2.75 | -18% |
| Q2 2025 | $2.71 | -6.9% |
| Q1 2025 | $2.84 | +8.8% |
| Q4 2024 | $3.01 | +29% |
POR's earnings per share have fallen from their peak: $2.33 over the past year, against $3.35 in late 2024.
POR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $971M | +2% |
| Q2 2026 | $814M | +0.9% |
| Q1 2026 | $879M | -5.3% |
| Q4 2025 | $889M | +7.9% |
| Q3 2025 | $952M | +2.5% |
| Q2 2025 | $807M | +6.5% |
| Q1 2025 | $928M | -0.1% |
| Q4 2024 | $824M | +14% |
POR's revenue grew through 2024 and has held roughly level since: $971M last quarter, up 2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | +1 points |
| Q2 2026 | 15% | +0.2 points |
| Q1 2026 | 12% | -5.9 points |
| Q4 2025 | 11% | 0 points |
| Q3 2025 | 18% | +2.6 points |
| Q2 2025 | 15% | -0.7 points |
| Q1 2025 | 18% | +0.7 points |
| Q4 2024 | 11% | -4.9 points |
POR's operating margin was 19% last quarter, up 1 points from the same quarter a year ago.
POR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$127M | -227% |
| Q2 2026 | -$156M | -258% |
| Q1 2026 | $9M | +$137M |
| Q4 2025 | -$142M | +$80M |
| Q3 2025 | $100M | +$109M |
| Q2 2025 | $99M | +$208M |
| Q1 2025 | -$128M | +$22M |
| Q4 2024 | -$222M | +$116M |
POR has burned cash in most quarters: −$416M over the past year, against −$151M the year before.
POR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2% | +2.3M shares |
| 1 year | +7.5% | +8.3M shares |
| 3 years | +17% | +17.6M shares |
| 5 years | +32% | +29.1M shares |
| Available history | +33% | +29.1M shares |
POR has 119M diluted shares, up 7.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | $18M |
POR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.5x | High |
| Q2 2026 | 4.5x | High |
| Q1 2026 | 4.3x | High |
| Q4 2025 | 4.1x | High |
| Q3 2025 | 4.2x | High |
| Q2 2025 | 4.4x | High |
| Q1 2025 | 4.6x | High |
| Q4 2024 | 4.5x | High |
POR's net debt is about 4.5 years of its operating earnings (EBITDA), up from 4.2 years a year ago.
POR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.5 | Neutral |
| Stochastic | 24.5 | Neutral |
POR's weekly RSI is 40 (neutral) and its Stochastic is 24 (neutral).
POR PE vs Utilities Sector
| Metric | POR | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 20x | 4.1% below |
| PE % | 62 | 44 | 18 pts above |
POR is trading at 20x earnings, in line with the Utilities sector's median of 20x.
POR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $45.2 | 0.9% above |
| 20 week MA | $48.2 | 5.4% below |
| 50 week MA | $49.7 | 8.2% below |
| 100 week MA | $46.4 | 1.7% below |
| 200 week MA | $45.8 | 0.4% below |
POR has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 0.4% below its 200-week average.
POR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $55.5 | $41.5 | -25% |
| 2021 | $41.5 | $51.3 | +24% |
| 2022 | $51.3 | $49.0 | -4.5% |
| 2023 | $49.0 | $43.3 | -12% |
| 2024 | $43.3 | $43.5 | +0.4% |
| 2025 | $43.5 | $47.6 | +9.3% |
| 2026 YTD | $47.6 | $45.6 | -4.1% |
POR has finished lower in three of the last six years. It's down 4.1% so far in 2026.