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Public Service Enterprise Group Incorporated

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
$40.32B
P/E (TTM)
19.4
22.3
Dividend Yield
3.1%
52W High
$92.25
52W Low
$74.67
52W Range
35%
Rank37Top 25.8%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$3.23B+22.10%
4-Quarter Trend

EPS

$1.25+20.19%
4-Quarter Trend

FCF

$572.00M-494.48%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Operating Revenue Growth Strong Nine months Operating Revenues reached $9,253M, showing an 18.2% increase compared to prior year period.
Net Income Significantly Increased Consolidated Net Income for nine months totaled $1,796M, reflecting a substantial 20.9% increase year-over-year.
Quarterly Operating Income Jumps Three months Operating Income was $855M, marking a strong 33.4% increase versus the comparable period.
Basic EPS Performance Solid Nine months Basic EPS was $3.60, representing a solid 20.8% increase over the prior year nine months.

Risk Factors

Regulatory Policy Uncertainty Risks Regulatory and political uncertainty regarding energy policies, decarbonization impacts, and resource adequacy pose risks.
Infrastructure Cyber Attack Threat Increasing frequency and magnitude of sophisticated cybersecurity and physical attacks on electric and gas infrastructure.
Future Tax Law Changes Impact Enactment or amendment of federal or state tax legislation could materially impact effective tax rate and cash position.
Nuclear PTC Phase-Out Risk Estimated 2025 gross receipts exceed nuclear PTC phase-out amount, impacting expected tax credit benefits.

Outlook

Regulated Capital Investment Plan Regulated capital investment program estimated in $21B to $24B range for 2025 through 2029 period.
T&D Modernization Investment Focus Investing capital in T&D infrastructure to enhance reliability, resiliency, and meet growing customer energy demands.
Nuclear PTC Support Continues Nuclear generation facilities expected to retain downside price protection from PTC through the year 2032.
Clean Energy Goals Execution Executing on utility capital program aligned with New Jersey's net zero greenhouse gas emissions by 2030 goal.

Peer Comparison

Revenue (TTM)

PG&E CorporationPCG
$24.76B
-0.3%
Exelon CorporationEXC
$24.32B
+6.1%
Consolidated Edison, Inc.ED
$16.59B
+10.3%

Gross Margin (Latest Quarter)

DTE Energy CompanyDTE
83.5%
+46.5pp
Consolidated Edison, Inc.ED
79.1%
+13.0pp
WEC Energy Group, Inc.WEC
71.1%
+29.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
D$51.10B21.88.3%0.0%
XEL$45.99B32.26.8%84.3%
EXC$44.37B15.710.2%43.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
9.4%
Steady Growth
4Q Net Income CAGR
29.6%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 3, 2025|
    Revenue: $3.23B+22.1%
    |
    EPS: $1.25+20.2%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 5, 2025|
    Revenue: $2.81B+15.8%
    |
    EPS: $1.17+34.5%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: Apr 30, 2025|
    Revenue: $3.22B+16.7%
    |
    EPS: $1.18+10.3%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 25, 2025|
    Revenue: $10.29B-8.4%
    |
    EPS: $3.56-30.9%
    Meet
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 4, 2024|
    Revenue: $2.64B+7.6%
    |
    EPS: $1.04+271.4%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 30, 2024|
    Revenue: $2.42B+0.1%
    |
    EPS: $0.87-26.9%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 30, 2024|
    Revenue: $2.76B-26.5%
    |
    EPS: $1.07-58.7%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 26, 2024|
    Revenue: $11.24B+14.7%
    |
    EPS: $5.15+148.8%
    Beat