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Portland General Electric Co /Or/ (POR) Stock Fundamental Analysis & AI Rating 2026

POR NYSE Electric Services OR CIK: 0000784977
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2025-12-31
SELL
75% Conf
Pending
Analysis scheduled

📊 POR Key Takeaways

Revenue: $3.6B
Net Margin: 8.6%
Free Cash Flow: $-71.0M
Current Ratio: 1.08x
Debt/Equity: 1.13x
EPS: $2.77
AI Rating: SELL with 75% confidence
Portland General Electric Co /Or/ (POR) receives a SELL rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.6B, net profit margin of 8.6%, and return on equity (ROE) of 7.4%, Portland General Electric Co /Or/ demonstrates mixed fundamentals in the Utilities sector. Below is our complete POR stock analysis for 2026.

Is Portland General Electric Co /Or/ (POR) a Good Investment?

Claude

Portland General Electric shows deteriorating fundamentals with declining net income (-2.2% YoY) and EPS (-8.0% YoY), compounded by negative free cash flow (-$71M) despite stable operating cash generation. Critical concerns include dangerously weak interest coverage (2.4x), minimal liquidity cushion (1.08x current ratio), and insufficient cash reserves relative to high debt burden, creating refinancing risk in an environment of elevated rates.

Why Buy Portland General Electric Co /Or/ Stock? POR Key Strengths

Claude
  • + Stable operating cash flow of $1.1B from regulated utility operations
  • + Reasonable operating margin of 15.5% indicates operational efficiency
  • + Predictable revenue base from monopoly utility service territory

POR Stock Risks: Portland General Electric Co /Or/ Investment Risks

Claude
  • ! Interest coverage ratio of 2.4x is critically low with limited debt service cushion
  • ! Negative free cash flow (-$71M) despite capex requirements suggests unsustainable capital structure
  • ! Minimal cash position ($76M) relative to $4.7B long-term debt and $9.1B total liabilities creates refinancing and liquidity vulnerability
  • ! Declining profitability with net income and EPS both contracting year-over-year
  • ! Tight current ratio (1.08x) indicates insufficient short-term liquidity buffer

Key Metrics to Watch

Claude
  • * Interest coverage ratio trend and debt refinancing costs
  • * Free cash flow recovery and capex vs. OCF sustainability
  • * Net income stabilization and revenue growth acceleration
  • * Liquidity position and cash balance relative to near-term debt maturities

Portland General Electric Co /Or/ (POR) Financial Metrics & Key Ratios

Revenue
$3.6B
Net Income
$306.0M
EPS (Diluted)
$2.77
Free Cash Flow
$-71.0M
Total Assets
$13.2B
Cash Position
$76.0M

💡 AI Analyst Insight

Portland General Electric Co /Or/ presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

POR Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 15.5%
Net Margin 8.6%
ROE 7.4%
ROA 2.3%
FCF Margin -2.0%

POR vs Utilities Sector: How Portland General Electric Co /Or/ Compares

How Portland General Electric Co /Or/ compares to Utilities sector averages

Net Margin
POR 8.6%
vs
Sector Avg 12.0%
POR Sector
ROE
POR 7.4%
vs
Sector Avg 10.0%
POR Sector
Current Ratio
POR 1.1x
vs
Sector Avg 0.8x
POR Sector
Debt/Equity
POR 1.1x
vs
Sector Avg 1.4x
POR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Portland General Electric Co /Or/ Stock Overvalued? POR Valuation Analysis 2026

Based on fundamental analysis, Portland General Electric Co /Or/ has mixed fundamental signals relative to the Utilities sector in 2026.

Return on Equity
7.4%
Sector avg: 10%
Net Profit Margin
8.6%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.13x
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Portland General Electric Co /Or/ Balance Sheet: POR Debt, Cash & Liquidity

Current Ratio
1.08x
Quick Ratio
1.08x
Debt/Equity
1.13x
Debt/Assets
68.8%
Interest Coverage
2.39x
Long-term Debt
$4.7B

POR Revenue & Earnings Growth: 5-Year Financial Trend

POR 5-year financial data: Year 2021: Revenue $2.4B, Net Income $214.0M, EPS $2.39. Year 2022: Revenue $2.6B, Net Income $155.0M, EPS $1.72. Year 2023: Revenue $2.9B, Net Income $244.0M, EPS $2.72. Year 2024: Revenue $3.5B, Net Income $233.0M, EPS $2.60. Year 2025: Revenue $3.6B, Net Income $228.0M, EPS $2.33.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Portland General Electric Co /Or/'s revenue has grown significantly by 47% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.33 reflects profitable operations.

POR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-2.0%
Free cash flow / Revenue

POR Quarterly Earnings & Performance

Quarterly financial performance data for Portland General Electric Co /Or/ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $942.0M $62.0M $0.90
Q2 2025 $761.0M $62.0M $0.56
Q1 2025 $932.0M $100.0M $0.91
Q3 2024 $801.0M $39.0M $0.46
Q2 2024 $646.0M $39.0M $0.39
Q1 2024 $745.0M $74.0M $0.80
Q3 2023 $742.0M $39.0M $0.46
Q2 2023 $588.0M $39.0M $0.39

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Portland General Electric Co /Or/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.1B
Cash generated from operations
Capital Expenditures
$1.2B
Investment in assets
Dividends Paid
$225.0M
Returned to shareholders

POR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Portland General Electric Co /Or/ (CIK: 0000784977)

📋 Recent SEC Filings

Date Form Document Action
Mar 24, 2026 8-K por-20260318.htm View →
Mar 13, 2026 DEF 14A por-20260313.htm View →
Mar 3, 2026 4 xslF345X05/ownership.xml View →
Feb 19, 2026 8-K ny20065377x5_8k.htm View →
Feb 18, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about POR

What is the AI rating for POR?

Portland General Electric Co /Or/ (POR) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are POR's key strengths?

Claude: Stable operating cash flow of $1.1B from regulated utility operations. Reasonable operating margin of 15.5% indicates operational efficiency.

What are the risks of investing in POR?

Claude: Interest coverage ratio of 2.4x is critically low with limited debt service cushion. Negative free cash flow (-$71M) despite capex requirements suggests unsustainable capital structure.

What is POR's revenue and growth?

Portland General Electric Co /Or/ reported revenue of $3.6B.

Does POR pay dividends?

Portland General Electric Co /Or/ pays dividends, with $225.0M distributed to shareholders in the trailing twelve months.

Where can I find POR SEC filings?

Official SEC filings for Portland General Electric Co /Or/ (CIK: 0000784977) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is POR's EPS?

Portland General Electric Co /Or/ has a diluted EPS of $2.77.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is POR a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Portland General Electric Co /Or/ has a SELL rating with 75% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is POR stock overvalued or undervalued?

Valuation metrics for POR: ROE of 7.4% (sector avg: 10%), net margin of 8.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy POR stock in 2026?

Our dual AI analysis gives Portland General Electric Co /Or/ a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is POR's free cash flow?

Portland General Electric Co /Or/'s operating cash flow is $1.1B, with capital expenditures of $1.2B. FCF margin is -2.0%.

How does POR compare to other Utilities stocks?

Vs Utilities sector averages: Net margin 8.6% (avg: 12%), ROE 7.4% (avg: 10%), current ratio 1.08 (avg: 0.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2025-12-31 | Powered by Claude AI