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PEG logoPublic Service Enterprise Group Incorporated(PEG)Earnings, Financials & Key Ratios

PEG•NYSE•Utilities
$79.73
$39.8B mkt cap·18.9× P/E·Price updated May 6, 2026
SectorUtilitiesIndustryElectric UtilitiesSub-IndustryElectric and gas combination utilities
AboutPublic Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States. It operates through two segments, PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2021, it had electric transmission and distribution system of 25,000 circuit miles and 862,000 poles; 56 switching stations with an installed capacity of 39,353 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,285 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 58 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.Show more
  • Revenue$12.17B+18.3%
  • EBITDA$4.24B+13.7%
  • Net Income$2.11B+19.1%
  • Free Cash Flow$325M+126.1%
  • EBITDA Margin34.82%-3.8%
  • Net Margin17.35%+0.7%
  • ROE12.76%+13.7%
  • Interest Coverage3.36+6.1%
  • Debt/Equity1.44+1.0%
  • Net Debt/EBITDA5.72-6.4%
  • CapEx / Revenue16.79%-48.9%
  • CapEx Coverage1.16+83.7%
Analysis→Technical→

PEG Key Insights

Public Service Enterprise Group Incorporated (PEG) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓21 years of consecutive dividend growth
  • ✓21 consecutive years of dividend growth
  • ✓Strong interest coverage of 3.4x
  • ✓Healthy dividend yield of 3.1%

✗Weaknesses

  • ✗High leverage: 5.8x Debt/EBITDA

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

PEG Price & Volume

Public Service Enterprise Group Incorporated (PEG) stock price & volume — 10-year historical chart

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PEG Growth Metrics

Public Service Enterprise Group Incorporated (PEG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.57%
5 Years4.85%
3 Years7.48%
TTM18.99%

Profit CAGR

10 Years2.32%
5 Years2.07%
3 Years26.98%
TTM23.73%

EPS CAGR

10 Years2.47%
5 Years2.29%
3 Years26.9%
TTM-16.94%

Return on Capital

10 Years4.47%
5 Years4.14%
3 Years6.46%
Last Year5.96%

PEG Recent Earnings

Public Service Enterprise Group Incorporated (PEG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
May 5, 2026
EPS
$1.55
Est $1.44
+7.6%
Revenue
$3.8B
Est $3.4B
+14.7%
Q1 2026
Feb 26, 2026
EPS
$0.72
Est $0.71
+1.3%
Revenue
$2.9B
Est $2.7B
+8.7%
Q4 2025
Nov 3, 2025
EPS
$1.13
Est $1.02
+10.8%
Revenue
$3.2B
Est $2.7B
+18.6%
Q3 2025
Aug 5, 2025
EPS
$0.77
Est $0.70
+10.3%
Revenue
$2.8B
Est $2.4B
+17.9%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$1.55vs $1.44+7.6%
$3.8Bvs $3.4B+14.7%
Q1 2026Feb 26, 2026
$0.72vs $0.71+1.3%
$2.9Bvs $2.7B+8.7%
Q4 2025Nov 3, 2025
$1.13vs $1.02+10.8%
$3.2Bvs $2.7B+18.6%
Q3 2025Aug 5, 2025
$0.77vs $0.70+10.3%
$2.8Bvs $2.4B+17.9%
Based on last 12 quarters of dataView full earnings history →

PEG Peer Comparison

Public Service Enterprise Group Incorporated (PEG) competitors in Electric and gas combination utilities — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ED logoEDConsolidated Edison, Inc.Direct Competitor25.7B109.1519.3510.89%12.26%8.42%17.62%0.01
EIX logoEIXEdison InternationalDirect Competitor26.5B68.875.969.76%18.87%19.39%2.21
PPL logoPPLPPL CorporationDirect Competitor27.83B37.3523.346.85%13.06%5.46%0.85
FE logoFEFirstEnergy Corp.Direct Competitor26.54B45.8826.0712.01%6.86%7.55%1.94
ES logoESEversource EnergyDirect Competitor25.85B68.9030.35-0.08%10.22%8.3%1.92
DTE logoDTEDTE Energy CompanyDirect Competitor29.85B143.5020.3326.95%7.75%10.43%2.16
AEE logoAEEAmeren CorporationDirect Competitor30.89B111.6420.8715.43%17.17%11.6%1.47
EXC logoEXCExelon CorporationProduct Competitor46.64B46.1816.925.34%11.6%10.03%1.73

Compare PEG vs Peers

Public Service Enterprise Group Incorporated (PEG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ED

Most directly comparable listed peer for PEG.

Scale Benchmark

vs GE

Larger-name benchmark to compare PEG against a more recognizable public peer.

Peer Set

Compare Top 5

vs ED, EIX, PPL, FE

PEG Income Statement

Public Service Enterprise Group Incorporated (PEG) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue9.08B9.7B10.08B9.6B9.72B9.8B11.24B10.29B12.17B12.79B
Revenue Growth %0.25%6.74%3.92%-4.69%1.24%0.8%14.66%-8.43%18.25%18.99%
Cost of Revenue5.67B6.24B6.48B6.17B6.72B7.2B6.41B6.75B3.77B2.6B
Gross Profit
3.42B▲ 0%
3.46B▲ 1.2%
3.59B▲ 4.0%
3.43B▼ 4.5%
3B▼ 12.7%
2.6B▼ 13.1%
4.83B▲ 85.4%
3.54B▼ 26.6%
8.4B▲ 137.1%
10.19B▲ 0%
Gross Margin %37.59%35.64%35.66%35.74%30.83%26.57%42.96%34.41%69%79.65%
Gross Profit Growth %11.89%1.2%3.96%-4.48%-12.67%-13.11%85.37%-26.64%137.11%-
Operating Expenses1.99B1.1B1.65B1.16B3.85B1.22B1.14B1.19B5.42B7.87B
Other Operating Expenses----------
EBITDA3.61B3.64B3.37B3.74B547M2.66B5.01B3.73B4.24B4.57B
EBITDA Margin %39.78%37.57%33.44%38.94%5.63%27.18%44.58%36.21%34.82%35.74%
EBITDA Growth %10.28%0.8%-7.52%10.98%-85.37%387.02%88.03%-25.61%13.71%18.29%
Depreciation & Amortization2.19B1.34B1.43B1.47B1.4B1.28B1.32B1.37B1.26B1.31B
D&A / Revenue %24.05%13.87%14.15%15.3%14.43%13.09%11.78%13.34%10.33%10.27%
Operating Income (EBIT)
1.43B▲ 0%
2.3B▲ 60.8%
1.94B▼ 15.4%
2.27B▲ 16.8%
-856M▼ 137.7%
1.38B▲ 261.3%
3.69B▲ 166.8%
2.35B▼ 36.1%
2.98B▲ 26.6%
3.26B▲ 0%
Operating Margin %15.73%23.7%19.28%23.64%-8.8%14.09%32.79%22.87%24.49%25.47%
Operating Income Growth %-10.58%60.81%-15.45%16.83%-137.71%261.33%166.84%-36.15%26.65%-
Interest Expense391M476M510M513M500M563M688M841M1B2M
Interest Coverage4.24x4.90x4.82x5.49x-1.18x2.78x5.48x3.17x3.36x-
Interest / Revenue %4.3%4.91%5.06%5.34%5.14%5.74%6.12%8.17%8.26%0.02%
Non-Operating Income-1000K-1000K1000K1000K-1000K-1000K-1000K-1000K-1000K-4M
Pretax Income
1.27B▲ 0%
1.85B▲ 46.3%
1.95B▲ 5.1%
2.3B▲ 18.0%
-1.09B▼ 147.3%
1B▲ 192.0%
3.08B▲ 207.5%
1.82B▼ 40.8%
2.37B▲ 30.1%
2.6B▲ 0%
Pretax Margin %13.96%19.13%19.35%23.96%-11.2%10.22%27.42%17.74%19.51%20.36%
Income Tax-306M417M257M396M-441M-29M518M53M263M128M
Effective Tax Rate %-24.13%22.48%13.18%17.21%40.5%-2.89%16.81%2.9%11.08%4.91%
Net Income
1.57B▲ 0%
1.44B▼ 8.6%
1.69B▲ 17.7%
1.91B▲ 12.5%
-648M▼ 134.0%
1.03B▲ 259.1%
2.56B▲ 148.6%
1.77B▼ 30.9%
2.11B▲ 19.1%
2.26B▲ 0%
Net Margin %17.33%14.83%16.8%19.84%-6.67%10.52%22.81%17.22%17.35%17.69%
Net Income Growth %77.45%-8.64%17.73%12.52%-134.02%259.1%148.59%-30.86%19.13%23.73%
EPS (Diluted)
3.10▲ 0%
2.84▼ 8.4%
3.34▲ 17.6%
3.76▲ 12.6%
-1.29▼ 134.3%
2.06▲ 259.7%
5.13▲ 149.0%
3.54▼ 31.0%
4.21▲ 18.9%
-▲ 0%
EPS Growth %77.14%-8.39%17.61%12.57%-134.31%259.69%149.03%-30.99%18.93%-16.94%
EPS (Basic)3.102.853.363.78-1.292.075.153.564.23-
Diluted Shares Outstanding507M507M507M507M504M501M500M500M501M0

PEG Balance Sheet

Public Service Enterprise Group Incorporated (PEG) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets42.72B45.33B47.73B50.05B49B48.72B50.74B54.64B57.58B126M
Asset Growth %6.6%6.11%5.3%4.86%-2.1%-0.57%4.15%7.68%5.37%-82.21%
PP&E (Net)31.8B34.36B36.13B37.85B34.57B36.12B38.21B40.23B42.2B0
PP&E / Total Assets %74.44%75.81%75.69%75.62%70.55%74.14%75.3%73.62%73.3%0%
Total Current Assets3.31B3.51B3.23B3.63B6.25B4.3B3.37B4.24B4.6B126M
Cash & Equivalents313M177M147M543M818M465M54M125M135M126M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K0
Inventory866M902M897M878M744M960M1.02B1.12B1.16B0
Other Current Assets244M417M535M456M2.54B440M416M959M556M0
Long-Term Investments3.3B3B3.27B3.3B3.42B3.04B3B196M4B11.12B
Goodwill16M16M00000000
Intangible Assets114M143M149M158M20M14M0000
Other Assets4.18B4.3B4.95B5.11B4.74B5.25B6.16B9.98B6.78B0
Total Liabilities28.87B30.95B32.64B34.07B34.56B34.99B35.26B38.53B40.59B-17.18B
Total Debt13.61B15.48B16.5B17.5B19.63B20.44B20.41B22.89B24.37B24.25B
Net Debt13.3B15.3B16.35B16.95B18.81B19.97B20.35B22.76B24.24B24.25B
Long-Term Debt12.07B13.17B13.74B14.5B15.22B16.5B17.78B18.96B21.8B24.25B
Short-Term Borrowings1.54B2.31B2.48B2.75B4.22B3.77B2.45B3.74B2.45B1.59B
Capital Lease Obligations00273M252M191M169M173M181M128M410M
Total Current Liabilities4.17B4.93B5.05B5.52B7.07B6.68B5.06B6.5B5.74B4.55B
Accounts Payable1.69B1.45B1.36B1.33B1.31B1.27B1.21B1.14B1.49B0
Accrued Expenses103M110M116M126M121M134M170M219M0257M
Deferred Revenue0000000000
Other Current Liabilities781M1.04B1.05B1.19B1.35B1.49B1.22B1.38B1.8B2.96B
Deferred Taxes1000K1000K1000K1000K1000K1000K1000K01000K23.24B
Other Liabilities7.39B7.13B7.32B7.29B6.32B5.92B5.58B12.9B5B0
Total Equity
13.85B▲ 0%
14.38B▲ 3.8%
15.09B▲ 5.0%
15.98B▲ 5.9%
14.44B▼ 9.7%
13.73B▼ 4.9%
15.48B▲ 12.7%
16.11B▲ 4.1%
16.98B▲ 5.4%
17.3B▲ 0%
Equity Growth %5.46%3.83%4.95%5.93%-9.67%-4.91%12.73%4.12%5.39%22.12%
Shareholders Equity13.85B14.38B15.09B15.98B14.44B13.73B15.48B16.11B16.98B17.3B
Minority Interest0000000000
Common Stock4.96B4.98B5B5.03B5.04B5.07B5.02B5.06B5.06B5.01B
Additional Paid-in Capital4.96B4.98B00000000
Retained Earnings9.88B10.58B11.41B12.32B10.64B10.59B12.02B12.59B13.45B13.85B
Accumulated OCI-229M-377M-489M-504M-350M-550M-179M-133M-91M-85M
Return on Assets (ROA)3.8%3.27%3.64%3.9%-1.31%2.11%5.15%3.36%3.76%5.3%
Return on Equity (ROE)11.67%10.19%11.49%12.26%-4.26%7.32%17.55%11.22%12.76%13.32%
Debt / Equity0.98x1.08x1.09x1.09x1.36x1.49x1.32x1.42x1.44x1.44x
Debt / Assets31.86%34.15%34.56%34.96%40.06%41.95%40.22%41.89%42.33%19250%
Net Debt / EBITDA3.68x4.20x4.85x4.53x34.39x7.50x4.06x6.11x5.72x5.72x
Book Value per Share27.3128.3629.7631.5328.6527.430.9532.2333.933.9

PEG Cash Flow Statement

Public Service Enterprise Group Incorporated (PEG) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations3.26B2.91B3.38B3.1B1.74B1.5B3.81B2.13B2.37B2.37B
Operating CF Growth %-1.6%-10.64%16%-8.2%-44.04%-13.42%153.23%-43.96%11.02%185.33%
Operating CF / Revenue %35.89%30.04%33.54%32.3%17.86%15.34%33.87%20.73%19.46%18.51%
Net Income1.57B1.44B1.69B1.91B-648M1.03B2.56B1.77B2.11B2.26B
Depreciation & Amortization2.19B1.34B1.43B1.47B1.4B1.28B1.32B1.37B1.1B729M
Deferred Taxes-167M568M180M139M-845M-261M355M263M38M76M
Other Non-Cash Items-251M-209M-192M-705M2.92B297M-1.74B-671M-1.07B515M
Working Capital Changes-81M-229M272M294M-1.1B-847M1.31B-604M190M-63M
Capital Expenditures-4.31B-4.06B-3.26B-3.03B-2.72B-2.89B-3.33B-3.38B-2.04B-3.02B
CapEx / Revenue %46.13%40.35%31.42%30.44%27.97%29.47%29.59%32.85%16.79%11.06%
CapEx / D&A1.92x2.91x2.22x1.99x1.94x2.25x2.51x2.46x1.85x1.94x
CapEx Coverage (OCF/CapEx)0.78x0.74x1.07x1.06x0.64x0.52x1.14x0.63x1.16x1.67x
Cash from Investing-4.26B-3.92B-3.15B-2.68B-2.24B-1.1B-2.96B-3.31B-2.85B-3.43B
Acquisitions0000-111M-124M291M000
Purchase of Investments-2.34B-1.47B-1.81B-2.25B-2.09B000-410M-410M
Sale of Investments2.32B1.5B1.79B2.23B2.1B000394M394M
Other Investing-45M-32M48M263M578M1.91B76M74M-786M-2B
Cash from Financing885M887M-257M-30M799M-754M-1.26B1.23B490M-674M
Dividends Paid-870M-910M-950M-991M-1.03B-1.08B-1.14B-1.2B-1.26B-944M
Dividend Payout Ratio %55.27%63.28%56.11%52.02%-104.66%44.36%67.49%59.59%-
Debt Issuance (Net)1000K1000K1000K1000K1000K1000K-1000K1000K1000K-1000K
Stock Issued0000000000
Share Repurchases00000-500M0000
Other Financing-74M-77M-56M-72M-369M-6M-98M-70M1.24B-230M
Net Change in Cash
-111M▲ 0%
-116M▼ 4.5%
-23M▲ 80.2%
396M▲ 1821.7%
291M▼ 26.5%
-352M▼ 221.0%
-412M▼ 17.0%
55M▲ 113.3%
13M▼ 76.4%
-441M▲ 0%
Exchange Rate Effect000000000139M
Cash at Beginning426M315M199M176M572M863M511M99M108M156M
Cash at End315M199M176M572M863M511M99M154M121M428M
Free Cash Flow
-1.05B▲ 0%
-1.15B▼ 9.4%
115M▲ 110.0%
68M▼ 40.9%
-983M▼ 1545.6%
-1.39B▼ 40.9%
481M▲ 134.7%
-1.25B▼ 359.3%
325M▲ 126.1%
1.13B▲ 0%
FCF Growth %-6.29%-9.36%110.04%-40.87%-1545.59%-40.9%134.73%-359.25%126.06%263.19%
FCF Margin %-11.53%-11.81%1.14%0.71%-10.11%-14.13%4.28%-12.12%2.67%8.8%
FCF / Net Income %-66.52%-79.62%6.79%3.57%151.7%-134.34%18.77%-70.37%15.4%49.76%

PEG Key Ratios

Public Service Enterprise Group Incorporated (PEG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)11.67%10.19%11.49%12.26%-4.26%7.32%17.55%11.22%12.76%13.32%
EBITDA Margin39.78%37.57%33.44%38.94%5.63%27.18%44.58%36.21%34.82%35.74%
Net Debt / EBITDA3.68x4.20x4.85x4.53x34.39x7.50x4.06x6.11x5.72x5.72x
Interest Coverage4.24x4.90x4.82x5.49x-1.18x2.78x5.48x3.17x3.36x-
CapEx / Revenue46.13%40.35%31.42%30.44%27.97%29.47%29.59%32.85%16.79%11.06%
Dividend Payout Ratio55.27%63.28%56.11%52.02%-104.66%44.36%67.49%59.59%41.71%
Debt / Equity0.98x1.08x1.09x1.09x1.36x1.49x1.32x1.42x1.44x1.44x
EPS Growth77.14%-8.39%17.61%12.57%-134.31%259.69%149.03%-30.99%18.93%-16.94%

PEG SEC Filings & Documents

Public Service Enterprise Group Incorporated (PEG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

Apr 23, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 25, 2025·SEC

FY 2024

Feb 26, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 5, 2026·SEC

FY 2025

Nov 3, 2025·SEC

FY 2025

Aug 5, 2025·SEC

PEG Frequently Asked Questions

Public Service Enterprise Group Incorporated (PEG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Public Service Enterprise Group Incorporated (PEG) reported $12.79B in revenue for fiscal year 2025. This represents a 112% increase from $6.04B in 1996.

Public Service Enterprise Group Incorporated (PEG) grew revenue by 18.3% over the past year. This is strong growth.

Yes, Public Service Enterprise Group Incorporated (PEG) is profitable, generating $2.26B in net income for fiscal year 2025 (17.3% net margin).

Dividend & Returns

Yes, Public Service Enterprise Group Incorporated (PEG) pays a dividend with a yield of 3.15%. This makes it attractive for income-focused investors.

Public Service Enterprise Group Incorporated (PEG) has a return on equity (ROE) of 12.8%. This is reasonable for most industries.

Public Service Enterprise Group Incorporated (PEG) generated $1.13B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Industry Metrics

Public Service Enterprise Group Incorporated (PEG) has a dividend payout ratio of 60%. This suggests the dividend is well-covered and sustainable.

Explore More PEG

Public Service Enterprise Group Incorporated (PEG) financial analysis — history, returns, DCA and operating performance tools

Full PEG Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

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Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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