Last 7 days
1.9%
Last 30 days
4.3%
Last 90 days
0.6%
Trailing 12 Months
30.8%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-12 | Campbell Cheryl F. | sold | -169,000 | 16.9 | -10,000 | - |
2023-06-01 | Peterman Carla J | sold (taxes) | -157,105 | 16.56 | -9,487 | evp/corp. affairs & cso |
2023-05-19 | Wilson Benjamin Francis | acquired | - | - | 10,836 | - |
2023-05-19 | Harris Arno Lockheart | acquired | - | - | 10,836 | - |
2023-05-19 | Denecour Jessica | acquired | - | - | 10,836 | - |
2023-05-19 | Campbell Cheryl F. | acquired | - | - | 10,836 | - |
2023-05-19 | Fugate William Craig | acquired | - | - | 10,836 | - |
2023-05-19 | Smith William Lloyd | acquired | - | - | 10,836 | - |
2023-05-19 | NIGGLI MICHAEL R | acquired | - | - | 10,836 | - |
2023-05-19 | Bahri Rajat | acquired | - | - | 10,836 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | added | 0.29 | 38,681 | 577,498 | 0.13% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | reduced | -40.58 | -10,181 | 17,712 | -% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | 68.00 | 1,055 | -% |
2023-09-01 | Portside Wealth Group, LLC | new | - | 1,496,020 | 1,496,020 | 0.28% |
2023-08-30 | CHAPIN DAVIS, INC. | sold off | -100 | -1,579,110 | - | -% |
2023-08-25 | STRATEGY ASSET MANAGERS LLC | added | 26.36 | 244,701 | 943,229 | 0.21% |
2023-08-24 | Alberta Investment Management Corp | added | 8.95 | 3,334,890 | 23,640,300 | 0.23% |
2023-08-24 | Adalta Capital Management LLC | reduced | -1.41 | 31,000 | 603,000 | 0.40% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | unchanged | - | 172,585 | 2,686,730 | 0.03% |
2023-08-22 | Asset Dedication, LLC | unchanged | - | - | 2,000 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Aug 10, 2023 | capital research global investors | 4.9% | 125,696,103 | SC 13G/A | |
Jul 14, 2023 | pg&e fire victim trust | 3.39% | 67,743,590 | SC 13D/A | |
Apr 13, 2023 | pg&e fire victim trust | 6.4% | 127,743,590 | SC 13D/A | |
Feb 22, 2023 | shaolin capital management llc | 0% | 0 | SC 13G/A | |
Feb 14, 2023 | shaolin capital management llc | 7.03% | 1,125,000 | SC 13G | |
Feb 13, 2023 | capital research global investors | 10.1% | 200,022,503 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 11.28% | 224,115,552 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 03, 2023 | blackrock inc. | 5.3% | 129,873,577 | SC 13G | |
Jan 11, 2023 | pg&e fire victim trust | 9.4% | 187,743,590 | SC 13D/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 18, 2023 | 8-K | Current Report | |
Sep 13, 2023 | 4 | Insider Trading | |
Sep 12, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 30, 2023 | 15-12G | 15-12G | |
Aug 17, 2023 | 25-NSE | 25-NSE | |
Aug 16, 2023 | 8-K | Current Report | |
Aug 10, 2023 | SC 13G/A | Major Ownership Report | |
Jul 27, 2023 | 8-K | Current Report | |
Jul 27, 2023 | 10-Q | Quarterly Report | |
Jul 14, 2023 | SC 13D/A | 13D - Major Acquisition |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AAPL | 2.7T | 383.9B | -0.20% | 12.03% | 28.98 | 7.15 | -0.93% | -4.89% |
MSFT | 2.4T | 211.9B | -0.34% | 32.68% | 32.95 | 11.25 | 6.88% | -0.52% |
GOOG | 1.7T | 289.5B | 4.39% | 32.17% | 27.89 | 5.87 | 4.10% | -15.36% |
AMZN | 1.4T | 538.0B | 0.45% | 10.72% | 106.74 | 2.59 | 10.73% | 12.62% |
MID-CAP | ||||||||
JBLU | 1.5B | 9.9B | -27.42% | -42.17% | 56.49 | 0.15 | 24.14% | 106.11% |
NYMT | 825.8M | 246.5M | 1.69% | -8.19% | -5.2 | 3.35 | 6.65% | -174.04% |
SMALL-CAP | ||||||||
TLRY | 1.9B | 627.1M | -7.75% | -1.79% | -1.34 | 3.1 | -0.20% | -204.67% |
PLAY | 1.6B | 2.2B | -9.03% | 2.29% | 11.2 | 0.72 | 38.20% | -10.10% |
MFA | 1.1B | 543.3M | 3.23% | 4.33% | -741.21 | 1.98 | 31.74% | 78.13% |
NKLA | 1.1B | 56.2M | -7.62% | -69.41% | -1.27 | 19.1 | 40.31% | -12.26% |
BYND | 659.3M | 356.8M | -12.09% | -36.06% | -2.35 | 1.85 | -23.03% | 15.53% |
GPRO | 539.4M | 1.0B | -7.43% | -34.64% | -20.4 | 0.52 | -11.34% | -107.10% |
CGC | 480.0M | 453.3M | 110.37% | -71.69% | -0.39 | 1.06 | -16.04% | 55.90% |
INO | 103.1M | 13.7M | -11.56% | -79.14% | -0.61 | 7.55 | 413.65% | 52.51% |
-6.9%
-16.5%
-17.9%
21.5%
91.5%
57.3%
46.9%
Y-axis is the maximum loss one would have experienced if PG&E was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 0.8% | 22,263,000,000 | 22,091,000,000 | 21,680,000,000 | 21,556,000,000 | 21,627,000,000 | 21,724,000,000 | 20,642,000,000 | 20,144,000,000 | 19,561,000,000 | 18,879,000,000 | 18,469,000,000 | 18,464,000,000 | 18,014,000,000 | 17,424,000,000 | 17,129,000,000 | 16,474,000,000 | 16,423,000,000 | 16,714,000,000 | 16,759,000,000 | 16,771,000,000 | 16,907,000,000 |
Operating Expenses | 0.6% | 20,272,000,000 | 20,161,000,000 | 19,843,000,000 | 19,208,000,000 | 19,701,000,000 | 19,609,000,000 | 18,759,000,000 | 18,482,000,000 | 17,805,000,000 | 17,475,000,000 | 16,714,000,000 | 21,472,000,000 | 23,720,000,000 | 27,052,000,000 | 27,223,000,000 | 31,755,000,000 | 28,708,000,000 | 26,824,000,000 | 26,459,000,000 | 16,524,000,000 | 16,470,000,000 |
EBITDA | -100.0% | - | 2,526,000,000 | 2,393,000,000 | 2,737,000,000 | 2,286,000,000 | 2,609,000,000 | 2,349,000,000 | 2,223,000,000 | 2,155,000,000 | 159,000,000 | 318,000,000 | -4,632,000,000 | -7,293,000,000 | -9,671,000,000 | -10,108,000,000 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.11 | 0.11 | 0.13 | 0.10 | 0.12 | 0.11 | 0.11 | 0.11 | 0.01 | 0.02 | -0.25 | -0.40 | -0.56 | -0.59 | - | - | - | - | - | - |
Interest Expenses | 10.9% | 2,329,000,000 | 2,100,000,000 | 1,917,000,000 | 1,751,000,000 | 1,625,000,000 | 1,612,000,000 | 1,601,000,000 | 1,621,000,000 | 1,613,000,000 | 1,414,000,000 | 1,260,000,000 | 1,563,000,000 | 1,224,000,000 | 1,085,000,000 | 934,000,000 | 466,000,000 | 646,000,000 | 812,000,000 | 929,000,000 | 903,000,000 | 891,000,000 |
Earnings Before Taxes | 10.1% | 469,000,000 | 426,000,000 | 476,000,000 | 986,000,000 | 661,000,000 | 997,000,000 | 748,000,000 | 602,000,000 | 542,000,000 | -1,255,000,000 | -942,000,000 | -6,195,000,000 | -8,517,000,000 | -10,756,000,000 | -11,042,000,000 | -15,595,000,000 | -12,668,000,000 | -10,573,000,000 | -10,129,000,000 | -269,000,000 | -138,000,000 |
EBT Margin | -100.0% | - | 0.02 | 0.02 | 0.05 | 0.03 | 0.05 | 0.04 | 0.03 | 0.03 | -0.07 | -0.05 | -0.34 | -0.47 | -0.62 | -0.64 | - | - | - | - | - | - |
Net Income | 2.6% | 1,958,000,000 | 1,908,000,000 | 1,814,000,000 | 1,773,000,000 | 226,000,000 | 267,000,000 | -88,000,000 | -360,000,000 | 814,000,000 | -1,555,000,000 | -1,304,000,000 | -5,121,000,000 | -6,823,000,000 | -7,404,000,000 | -7,642,000,000 | -10,898,000,000 | -8,715,000,000 | -7,146,000,000 | -6,837,000,000 | 150,000,000 | 136,000,000 |
Net Income Margin | -100.0% | - | 0.09 | 0.08 | 0.08 | 0.01 | 0.01 | 0.00 | -0.02 | 0.04 | -0.08 | -0.07 | -0.28 | -0.38 | -0.42 | -0.45 | - | - | - | - | - | - |
Free Cashflow | 100.0% | - | -6,317,000,000 | -5,863,000,000 | -6,711,000,000 | -5,937,000,000 | -5,496,000,000 | -5,427,000,000 | -5,541,000,000 | -29,102,000,000 | -27,364,000,000 | -26,820,000,000 | -26,066,000,000 | -1,952,000,000 | -2,553,000,000 | -1,497,000,000 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 0.9% | 120,705 | 119,612 | 118,644 | 117,012 | 113,541 | 103,931 | 103,327 | 103,561 | 100,494 | 98,558 | 97,856 | 95,587 | 109,229 | 86,688 | 85,196 | 85,713 | 84,387 | 82,287 | 76,995 | 71,385 | 69,889 |
Current Assets | 3.1% | 12,681 | 12,297 | 12,815 | 12,210 | 11,674 | 10,376 | 11,077 | 11,527 | 10,289 | 9,067 | 9,602 | 9,798 | 25,013 | 10,558 | 10,165 | 11,577 | 11,577 | 10,693 | 9,195 | 6,349 | 6,367 |
Cash Equivalents | -21.7% | 805 | 1,028 | 734 | 262 | 239 | 247 | 307 | 420 | 307 | 229 | 484 | 464 | 968 | 1,960 | 1,577 | 2,970 | 3,459 | 2,964 | 1,675 | 430 | 517 |
Inventory | 61.8% | 55.00 | 34.00 | 91.00 | 82.00 | 74.00 | 29.00 | 44.00 | 47.00 | 44.00 | 17.00 | 95.00 | 94.00 | 89.00 | 77.00 | 97.00 | 110 | 99.00 | 72.00 | 111 | 116 | 107 |
Net PPE | - | - | - | - | - | - | - | - | 69,391 | 68,344 | 67,261 | 66,136 | 64,670 | 63,401 | 62,498 | 61,635 | 61,324 | 60,251 | 59,237 | 58,557 | 56,205 | 55,154 |
Current Liabilities | -10.8% | 13,202 | 14,801 | 15,788 | 14,027 | 15,007 | 16,560 | 17,427 | 17,784 | 15,493 | 12,217 | 13,581 | 13,321 | 45,795 | 8,253 | 7,631 | 6,472 | 5,711 | 4,808 | 41,695 | 9,489 | 9,786 |
Short Term Borrowings | -90.3% | 125 | 1,295 | 2,055 | 1,795 | 2,134 | 1,854 | 2,184 | 2,470 | 2,119 | 1,448 | 3,547 | 2,432 | 300 | - | - | - | - | - | 3,435 | 750 | 1,450 |
LT Debt, Current | 0.6% | 3,749 | 3,726 | 2,268 | 1,030 | 1,995 | 4,553 | 4,481 | 4,518 | 4,514 | 1,522 | 28.00 | - | 450 | - | - | - | - | - | 18,559 | 193 | 193 |
LT Debt, Non Current | 3.5% | 50,230 | 48,508 | 47,742 | 47,854 | 44,174 | 39,123 | 38,225 | 35,959 | 35,955 | 37,801 | 37,288 | 36,311 | 34,920 | - | - | - | - | - | - | 18,407 | 17,612 |
Shareholder's Equity | 0.8% | 23,763 | 23,586 | 22,823 | 22,234 | 22,019 | 21,644 | 21,223 | 20,727 | 21,799 | 21,379 | 21,253 | 21,064 | 3,801 | 5,759 | 5,388 | 8,991 | 10,594 | 13,129 | 12,903 | 19,696 | 19,061 |
Retained Earnings | 5.8% | -6,567 | -6,973 | -7,542 | -8,055 | -8,511 | -8,867 | -9,284 | -9,760 | -8,672 | -9,073 | -9,196 | -9,400 | -9,486 | -7,518 | -7,892 | -4,279 | -2,663 | -114 | -250 | 6,623 | 6,057 |
Accumulated Depreciation | - | - | - | - | - | - | - | - | 28,691 | 28,775 | 28,261 | 27,758 | 27,426 | 27,437 | 26,987 | 26,455 | 25,923 | 25,727 | 25,220 | 24,715 | 24,310 | 24,288 |
Shares Outstanding | 3.4% | 2,063 | 1,996 | 1,988 | 1,988 | 1,987 | 1,986 | 1,985 | 1,985 | 1,985 | 1,985 | 1,985 | 1,967 | 529 | 529 | 529 | 529 | 529 | 526 | 520 | 517 | 516 |
Minority Interest | 0% | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 | 252 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 40.0% | 4,542 | 3,245 | 3,721 | 2,921 | 2,671 | 2,725 | 2,262 | 2,142 | -21,191 | -19,537 | -19,130 | -18,470 | 5,350 | 4,177 | 4,816 | 4,583 | 4,756 | 5,484 | 4,752 | 5,476 | 5,974 |
Cashflow From Investing | 3.7% | -9,654 | -10,024 | -10,214 | -10,545 | -8,317 | -7,439 | -6,905 | -6,902 | -7,875 | -7,889 | -7,748 | -7,652 | -7,385 | -6,786 | -6,378 | -6,197 | -6,103 | -6,336 | -6,564 | -6,317 | -6,056 |
Cashflow From Financing | -26.0% | 5,859 | 7,918 | 7,133 | 7,600 | 5,642 | 4,732 | 4,323 | 4,512 | 14,004 | 25,717 | 25,928 | 23,824 | 13,950 | 1,604 | 1,464 | 4,154 | 4,289 | 3,673 | 3,031 | 1,080 | 421 |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 267 | 533 |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Operating Revenues | ||||
Total operating revenues | $ 5,290 | $ 5,118 | $ 11,499 | $ 10,916 |
Operating Expenses | ||||
Operating and maintenance | 2,436 | 2,291 | 5,113 | 5,401 |
SB 901 securitization charges, net | 289 | 40 | 562 | 40 |
Wildfire-related claims, net of recoveries | (1) | 145 | (3) | 144 |
Wildfire Fund expense | 117 | 117 | 234 | 235 |
Depreciation, amortization, and decommissioning | 997 | 941 | 2,074 | 1,913 |
Total operating expenses | 4,784 | 4,673 | 10,364 | 9,935 |
Operating Income | 506 | 445 | 1,135 | 981 |
Interest income | 143 | 19 | 255 | 27 |
Interest expense | (640) | (411) | (1,242) | (830) |
Other income (expense), net | 66 | (21) | 151 | 128 |
Income Before Income Taxes | 75 | 32 | 299 | 306 |
Income tax benefit | (335) | (328) | (683) | (532) |
Net Income | 410 | 360 | 982 | 838 |
Preferred stock dividend requirement of subsidiary | 4 | 4 | 7 | 7 |
Income Available for Common Shareholders | $ 406 | $ 356 | $ 975 | $ 831 |
Weighted Average Common Shares Outstanding, Basic (in shares) | 2,019 | 1,987 | 2,005 | 1,987 |
Weighted Average Common Shares Outstanding, Diluted (in shares) | 2,139 | 2,141 | 2,137 | 2,141 |
Net Income (Loss) Per Common Share, Basic (in dollars per share) | $ 0.20 | $ 0.18 | $ 0.49 | $ 0.42 |
Net Income (Loss) Per Common Share, Diluted (in dollars per share) | $ 0.19 | $ 0.17 | $ 0.46 | $ 0.39 |
Electric | ||||
Operating Revenues | ||||
Total operating revenues | $ 3,852 | $ 3,690 | $ 7,971 | $ 7,848 |
Operating Expenses | ||||
Cost of electricity and natural gas | 672 | 780 | 1,194 | 1,282 |
Natural gas | ||||
Operating Revenues | ||||
Total operating revenues | 1,438 | 1,428 | 3,528 | 3,068 |
Operating Expenses | ||||
Cost of electricity and natural gas | $ 274 | $ 359 | $ 1,190 | $ 920 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current Assets | ||
Cash and cash equivalents | $ 805 | $ 734 |
Restricted cash (includes $255 million and $201 million related to VIEs at respective dates) | 257 | 213 |
Accounts receivable | ||
Customers (net of allowance for doubtful accounts of $342 million and $166 million at respective dates) (includes $1.71 billion and $2.47 billion related to VIEs, net of allowance for doubtful accounts of $342 million and $166 million at respective dates) | 2,107 | 2,645 |
Accrued unbilled revenue (includes $698 million and $1.16 billion related to VIEs at respective dates) | 810 | 1,304 |
Regulatory balancing accounts | 5,383 | 3,264 |
Other | 1,014 | 1,624 |
Regulatory assets | 309 | 296 |
Inventories | ||
Gas stored underground and fuel oil | 55 | 91 |
Materials and supplies | 833 | 751 |
Wildfire Fund asset | 460 | 460 |
Other | 648 | 1,433 |
Total current assets | 12,681 | 12,815 |
Property, Plant, and Equipment | ||
Electric | 77,673 | 74,772 |
Gas | 29,156 | 28,226 |
Construction work in progress | 4,143 | 4,137 |
Financing lease and other | 0 | 19 |
Total property, plant, and equipment | 110,972 | 107,154 |
Accumulated depreciation | (32,199) | (30,946) |
Net property, plant, and equipment | 78,773 | 76,208 |
Other Noncurrent Assets | ||
Regulatory assets | 15,963 | 16,443 |
Customer credit trust | 476 | 745 |
Nuclear decommissioning trusts | 3,524 | 3,297 |
Operating lease right of use asset | 1,418 | 1,311 |
Wildfire Fund asset | 4,617 | 4,847 |
Income taxes receivable | 9 | 9 |
Other (includes noncurrent accounts receivable of $4 million and $17 million related to VIEs, net of noncurrent allowance for doubtful accounts of $1 million and $1 million at respective dates) | 3,244 | 2,969 |
Total other noncurrent assets | 29,251 | 29,621 |
TOTAL ASSETS | 120,705 | 118,644 |
Current Liabilities | ||
Short-term borrowings | 125 | 2,055 |
Long-term debt, classified as current (includes $175 million and $168 million related to VIEs at respective dates) | 3,749 | 2,268 |
Accounts payable | ||
Trade creditors | 2,366 | 2,888 |
Regulatory balancing accounts | 1,317 | 1,658 |
Other | 775 | 778 |
Operating lease liabilities | 136 | 231 |
Interest payable (includes $73 million and $116 million related to VIEs at respective dates) | 662 | 626 |
Wildfire-related claims | 1,256 | 1,912 |
Other | 2,816 | 3,372 |
Total current liabilities | 13,202 | 15,788 |
Noncurrent Liabilities | ||
Long-term debt (includes $10.02 billion and $10.31 billion related to VIEs at respective dates) | 50,230 | 47,742 |
Regulatory liabilities | 18,518 | 17,630 |
Pension and other postretirement benefits | 226 | 231 |
Asset retirement obligations | 5,971 | 5,912 |
Deferred income taxes | 2,422 | 2,732 |
Operating lease liabilities | 1,473 | 1,243 |
Other | 4,648 | 4,291 |
Total noncurrent liabilities | 83,488 | 79,781 |
Shareholders’ Equity | ||
Common stock, no par value, authorized 3,600,000,000 and 3,600,000,000 shares at respective dates; 2,062,781,659 and 1,987,784,948 shares outstanding at respective dates | 31,628 | 32,887 |
Treasury stock, at cost; 127,743,590 and 247,743,590 shares at respective dates | (1,298) | (2,517) |
Reinvested earnings | (6,567) | (7,542) |
Accumulated other comprehensive loss | 0 | (5) |
Total shareholders’ equity | 23,763 | 22,823 |
Noncontrolling Interest - Preferred Stock of Subsidiary | 252 | 252 |
Total equity | 24,015 | 23,075 |
TOTAL LIABILITIES AND EQUITY | $ 120,705 | $ 118,644 |