1. Poland Stocks

  2. •

    Utilities

  3. •

    Electric utilities
PGE Polska Grupa Energetyczna S.A.

PGE Polska Grupa Energetyczna S.A.

16.70
PLN
-0.40
(-2.37%)
3.48EPS
2.76P/E
21.18BMarket Cap
Nov 24Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
16.12
15.05
15.27
15.02
12.35
13.88
20.12
24.48
28.22
34.48
42.77
28.74
27.38
28.26
Basic EPS, GAAP
2.11
1.95
-1.62
1.37
1.39
0.8
-2.12
0.06
2.12
1.56
-2.23
-1.2
-1.56
3.42
Free Cash Flow per Basic Share
1.78
-0.02
-0.98
-0.83
1
-0.69
-0.05
2.31
1.47
2.32
-2.88
0.21
0.87
-0.61
Dividend per Share
0.86
1.1
0.78
0.25
- -
0.02
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
23.29
23.94
21.56
22.83
24.14
24.99
22.62
22.74
25.4
23.86
20.68
19.82
18.64
20.84
Tangible Book Value per Share
22.9
23.54
21.08
22.48
23.58
24.43
22.22
22.39
25.04
23.54
19.81
18.96
17.74
20.02
Basic Weighted Avg Shares
1,870
1,870
1,870
1,870
1,870
1,870
1,870
1,870
1,870
2,130
2,244
2,244
2,244
2,236
Sales/Revenue/Turnover
30,145
28,143
28,542
28,092
23,100
25,946
37,627
45,766
52,772
73,435
95,964
64,483
61,434
63,179
Operating Margin (%)
17.3
18.27
-12.75
12.36
15.29
9.78
-11.63
2.86
4.25
6.5
-3.44
0.31
-4.1
10.31
Depreciation Expense
2,982
3,197
11,817
3,864
4,098
3,893
11,316
4,558
4,412
4,362
13,455
12,279
13,883
5,224
Net Income, GAAP
3,948
3,638
-3,032
2,568
2,600
1,498
-3,961
110
3,972
3,328
-5,012
-2,698
-3,497
7,646
Effective Tax Rate (%)
18.07
20.72
- -
21.62
19.15
31.07
- -
52.87
19.01
17.52
- -
- -
- -
- -
Profit Margin (%)
13.1
12.93
-10.62
9.14
11.26
5.77
-10.53
0.24
7.53
4.53
-5.22
-4.18
-5.69
12.1
Working Capital
5,123
6,721
2,804
4,545
673
-3,386
769
66
903
-1,250
-7,572
-7,024
-3,279
1,581
LT Debt
1,994
4,688
5,118
9,603
8,557
6,361
10,859
10,025
8,666
6,799
10,384
10,461
13,139
14,521
Total Equity
43,808
44,884
40,417
42,775
46,378
47,801
43,137
43,501
48,291
54,383
47,390
45,529
42,985
48,008
Return on Invested Capital (%)
8.83
8.35
- -
5.58
5.25
2.96
- -
1.19
7.2
5.71
- -
- -
- -
- -
Return on Capital (%)
9.25
8.02
- -
5.71
5.13
3.03
- -
0.56
7.81
6.21
- -
- -
- -
- -
Return on Common Equity (%)
9.33
8.24
-7.13
6.19
5.92
3.26
-8.9
0.26
8.83
6.59
-10.03
-5.94
-8.1
18.15

Capital Structure

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,736
1,729
1,147
LT Borrowings
11,563
12,122
12,925
LT Finance Leases
1,576
1,594
1,596
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,244
2,244
2,244
Market Capitalization
19,754
23,626
21,181

Working Capital

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
29,423
29,375
31,200
Cash, Cash Equivalents & STI
10,568
7,894
13,926
Accounts Receivable, Net
6,333
6,376
5,880
Inventories
2,040
1,836
1,745
Total Current Liabilities
32,702
30,817
29,619
Payables & Accruals
- -
- -
- -
ST Debt
1,736
1,729
1,147
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.97%
0.25%
-5.59%
Free Cash Flow
-554.34%
5.57%
322.39%
Net Income, GAAP
253.45%
645.51%
29.61%
Sales/Revenue/Turnover
10.72%
9.52%
-4.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,841
14,453
15,562
17,627
64,483
2025
17,167
13,804
13,785
16,678
61,434
2026
17,453
15,263
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.4
0.42
0.32
-2.63
-1.2
2025
1.08
-4.28
0.25
1.4
-1.56
2026
0.86
0.9
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Dariusz Lubera
Full Time Employees
40,927
Sector
Utilities
Industry
Electric utilities
Address
Aleja Krasnicka 27 Lublin LU Poland 20-718
IPO Date
Oct 27, 2009
Website
gkpge.pl
Similar Companies
Vistra Corp. (NYSE:VST)
Constellation Energy Corporation (NASDAQ:CEG)
NextEra Energy, Inc. (NYSE:NEE)
Adani Energy Solutions Ltd (NSE:ADANIENSOL)
NTPC Limited (NSE:NTPC)
Power Grid Corporation of India Limited (NSE:POWERGRID)
Business
PGE Polska Grupa Energetyczna S.A. (PGE) operates as Poland's largest integrated energy company, engaging in the generation, transmission, distribution, trading and supply of electricity and heat primarily within Poland. The company produces power through conventional sources including lignite mining, hard coal-fired plants such as the Bełchatów Power Station, and cogeneration units; renewable sources encompassing onshore and offshore wind farms, photovoltaic installations and pumped-storage hydroelectric facilities; alongside district heating, energy storage solutions and ancillary services. It manages distribution networks serving over 5 million customers comprising households, businesses and institutions; trades electricity, gas and related products on wholesale markets; and offers railway energy services, circular economy operations handling combustion by-products, as well as supporting services in information technology, human resources and transport. Established in 1990 as Polskie Sieci Elektroenergetyczne S.A. and headquartered in Warsaw with key operations in Lublin, PGE maintains two major lignite mines, more than 40 power stations and eight distribution system operators across Poland. In recent developments, PGE secured a PLN 2.25 billion loan from the European Investment Bank in 2025 to fund nearly 730 MW of photovoltaic capacity and modernization of a 540 MW pumped-storage plant; adopted a new Strategy for 2035 in June 2025 projecting PLN 235 billion in capital expenditures focused on low-carbon transition; acquired full ownership of PGE PAK Energia Jądrowa in October 2025 to advance the Pątnów nuclear power project; signed an agreement in January 2025 to gain control of two energy companies including the Adamów Power Plant from Mytilineos SA; completed the purchase and rebranding of PKP Energetyka to PGE Energetyka Kolejowa in 2023; and announced plans in 2024 for Europe's largest energy storage facility in Żarnowiec with 263 MW capacity and at least 900 MWh to support wind farm balancing.