PUBLIC SERVICE ENTERPRISE GROUP INC PEG

Utilities SIC 4931 - Electric & Other Services Combined NAICS Utilities › Electric Power Generation, Transmission and Distribution derived NYSE

We were incorporated under the laws of the State of New Jersey in 1985 and our principal executive offices are located at 80 Park Plaza, Newark, New Jersey 07102. We are a public utility holding company that, acting through our wholly owned subsidiaries, is a predominantly regulated electric and gas utility and a nuclear generation business. Our business plan focuses on achieving growth by allocating capital primarily toward regulated investments in an effort to continue to improve the sustainability and predictability of our business and realizing the value of the consistent and reliable carbon-free generation from our nuclear units.

As a holding company, our profitability depends on our subsidiaries' operating results. We principally conduct our business through two direct wholly owned subsidiaries, PSE&G and PSEG Power LLC (PSEG Power), described below, each of which also has its principal executive offices at 80 Park Plaza, Newark, New Jersey 07102.

Last close 72.02 2026-10-23
Market cap $35.90B 2026-06-30 share count
52-week range 66.15 - 87.63

Valuation FY2025 figures against the last close

P/S3.0x
P/E17.1x
P/FCF1,380.6x
EV/EBITDA19.6x
Dividend yield3.5%
Diluted EPS4.22

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $12.12B$9.87B$9.25B$11.23B$10.31B$9.10B$9.31B$9.34B$8.35B$8.17B
Cost of revenue —————$3.06B$3.37B$3.23B$2.78B$2.90B
Gross profit —————$6.04B$5.94B$6.11B$5.57B$5.27B
Total operating expenses $9.19B$7.94B$7.55B$8.42B$10.58B$7.33B$8.13B$7.40B$7.67B$7.37B
Operating income $2.98B$2.35B$3.69B$1.38B-$856.0M$2.27B$1.94B$2.30B$1.43B$1.60B
Interest expense $1.00B$882.0M$748.0M$628.0M$571.0M$600.0M$569.0M$476.0M$391.0M$385.0M
Pre-tax income $2.37B$1.82B$3.08B$1.00B-$1.09B$2.30B$1.95B$1.85B$1.27B$1.30B
Income tax $263.0M$53.0M$518.0M$29.0M$441.0M$396.0M$257.0M$417.0M$306.0M$411.0M
Net income $2.11B$1.77B$2.56B$1.03B-$648.0M$1.91B$1.69B$1.44B$1.57B$887.0M
EPS, basic 4.233.565.152.07-1.293.783.352.853.121.76
EPS, diluted 4.223.545.132.06-1.293.763.332.833.101.75
Shares, diluted (wtd. avg.) 501.0M500.0M500.0M501.0M504.0M507.0M507.0M507.0M507.0M508.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $132.0M$125.0M$99.0M$511.0M$863.0M$572.0M$176.0M$199.0M$315.0M$426.0M
Receivables $1.89B$1.60B$1.48B$1.94B$1.86B$1.41B$1.31B$1.44B$1.35B$1.16B
Total current assets $4.60B$4.24B$3.37B$4.30B$6.25B$3.63B$3.23B$3.51B$3.31B$3.25B
Goodwill ——————$0$16.0M$16.0M$16.0M
Other intangibles ———$14.0M$20.0M$158.0M$149.0M$143.0M$114.0M$98.0M
Total assets $57.58B$54.64B$50.74B$48.72B$49.00B$50.05B$47.73B$45.33B$42.72B$40.07B
Accounts payable $1.49B$1.14B$1.21B$1.27B$1.31B$1.33B$1.36B$1.45B$1.69B$1.46B
Short-term debt $875.0M$2.15B$1.50B$1.57B$700.0M$1.68B$1.36B$1.29B$1.00B$500.0M
Total current liabilities $5.74B$6.50B$5.06B$6.68B$7.07B$5.52B$5.05B$4.93B$4.17B$3.28B
Long-term debt $21.67B$18.96B$17.78B$16.50B$15.22B$14.50B$13.74B$13.17B$12.07B$10.89B
Retained earnings $13.45B$12.59B$12.02B$10.59B$10.64B$12.32B$11.41B$10.58B$9.88B$9.17B
Total equity $16.98B$16.11B$15.48B$13.73B$14.44B$15.98B$15.09B$14.38B$13.85B$13.13B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $3.30B$2.13B$3.81B$1.50B$1.74B$3.10B$3.38B$2.91B$3.26B$3.31B
Depreciation and amortisation ———————$1.16B$1.99B$1.48B
Capital expenditure $3.27B$3.38B$3.33B$2.89B$2.72B$2.92B$3.17B$3.91B$4.19B$4.20B
Investing cash flow -$3.31B-$3.31B-$2.96B-$1.10B-$2.24B-$2.68B-$3.15B-$3.92B-$4.26B-$4.25B
Financing cash flow $12.0M$1.23B-$1.26B-$754.0M$799.0M-$30.0M-$257.0M$887.0M$885.0M$966.0M
Dividends paid $1.26B$1.20B$1.14B$1.08B$1.03B$991.0M$950.0M$910.0M$870.0M$830.0M
Buybacks —$0$0$500.0M$0$0————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-077446.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -5B 0 5B 10B 15B Revenue, FY2016: 8.2B Gross profit, FY2016: 5.3B Net income, FY2016: 887M Revenue, FY2017: 8.3B Gross profit, FY2017: 5.6B Net income, FY2017: 1.6B Revenue, FY2018: 9.3B Gross profit, FY2018: 6.1B Net income, FY2018: 1.4B Revenue, FY2019: 9.3B Gross profit, FY2019: 5.9B Net income, FY2019: 1.7B Revenue, FY2020: 9.1B Gross profit, FY2020: 6B Net income, FY2020: 1.9B Revenue, FY2021: 10.3B Net income, FY2021: -648M Revenue, FY2022: 11.2B Net income, FY2022: 1B Revenue, FY2023: 9.3B Net income, FY2023: 2.6B Revenue, FY2024: 9.9B Net income, FY2024: 1.8B Revenue, FY2025: 12.1B Net income, FY2025: 2.1B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $8.17B $8.35B $9.34B $9.31B $9.10B $10.31B $11.23B $9.25B $9.87B $12.12B
Gross profit $5.27B $5.57B $6.11B $5.94B $6.04B — — — — —
Net income $887.0M $1.57B $1.44B $1.69B $1.91B -$648.0M $1.03B $2.56B $1.77B $2.11B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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