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Public Service Enterprise Group Incorporated

NYSE•PEG
CEO: Mr. Ralph A. LaRossa
Sector: Utilities
Industry: Regulated Electric
Listing Date: 1980-01-02
Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. The PSEG Power segment engages in nuclear generation businesses; and supplies power and natural gas to nuclear power plants and gas storage facilities activities. As of December 31, 2023, it had electric transmission and distribution system of 25,000 circuit miles and 866,600 poles; 56 switching stations with an installed capacity of 39,953 megavolt-amperes (MVA), and 235 substations with an installed capacity of 10,382 MVA; 109 MVA aggregate installed capacity for substations; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity. Public Service Enterprise Group Incorporated was founded in 1903 and is based in Newark, New Jersey.
Contact Information
80 Park Plaza, Newark, NJ, 07102, United States
973-430-7000
investor.pseg.com/home/default.aspx
Market Cap
$41.95B
P/E (TTM)
19.9
22.3
Dividend Yield
3.0%
52W High
$91.26
52W Low
$74.67
52W Range
56%
Rank34Top 27.8%
4.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$2.92B+0.00%
4-Quarter Trend

EPS

$0.63+0.00%
4-Quarter Trend

FCF

-$408.00M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

PSEG Net Income Rises Consolidated Net Income reached $2.11B in 2025, up from $1.77B in 2024, driven by utility earnings and market prices.
Diluted EPS Shows Strength Diluted EPS was $4.22 for 2025, significantly increasing from $3.54 reported in 2024, reflecting improved profitability.
Regulated Rate Base Growth PSE&G expects regulated rate base CAGR of 6.0% to 7.5% between year-end 2025 and 2030, supporting future returns.

Risk Factors

Regulatory Adder Elimination Risk Potential loss of PJM RTO membership adder could reduce PSEG annual Net Income by approximately $40M.
Nuclear Fuel Supply Chain Limited suppliers for nuclear fuel components pose risks affecting supply chain stability and potentially increasing costs.
Capacity Market Shortfall PJM failed to procure 6,625 MW generation capacity in December 2025 auction, raising reliability and cost concerns.

Outlook

Major Capital Investment Planned Regulated capital investment estimated at $22.5B to $25.5B for 2026-2030, focusing on infrastructure modernization.
Nuclear Plant Life Extension Planning power uprates at Salem Units 1 and 2, supported by expected PTC benefits through 2032.
Clean Energy Program Investments Continued investment in T&D, EE programs, EV infrastructure, and solar generation aligned with New Jersey policy goals.

Peer Comparison

Revenue (TTM)

PCG stock ticker logoPCG
$24.94B
+2.1%
EXC stock ticker logoEXC
$24.26B
+5.3%
ED stock ticker logoED
$16.92B
+10.9%

Gross Margin (Latest Quarter)

PEG stock ticker logoPEG
171.1%
+0.8pp
ED stock ticker logoED
51.5%
+13.0pp
WEC stock ticker logoWEC
48.8%
+29.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
D$55.28B17.910.8%42.2%
XEL$51.22B24.29.4%42.7%
EXC$50.26B17.99.9%43.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.3%
Flat Growth
4Q Net Income CAGR
-18.8%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 28, 2026
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Reports
News
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Balance Sheet
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LTM
No Data