Public Service Enterprise Group Inc (PEG)

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility, and nuclear generation businesses 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. As of December 31, 2025, it had electric transmission and distribution system of 25,000 circuit miles and 871,000 poles; 58 switching stations with an installed capacity of 40,000 megavolt-amperes (MVA), and 238 substations with an installed capacity of 10,890 MVA; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and two meter shop, as well as 54 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity. The company was founded in 1903 and is based in Newark, New Jersey.

Symbol: PEG
Exchange: NYSE
Sector: Utilities
Industry: Utilities - Regulated Electric
Market cap: $33.90B
52 week range: 66.15 - 87.63

Valuation

Share price: $68.07 (close of 2026-10-02)
P/E (TTM): 16.89x
Price to book: 1.96x
Price to free cash flow: 122.82x
Enterprise value: $58.38B
Book value per share: $34.80

Price performance

Period	Change
1 day	+0.27%
5 days	+1.57%
1 month	-7.16%
3 months	-16.60%
6 months	-16.81%
Year to date	-15.23%
1 year	-16.56%
3 years	+24.47%
5 years	+12.59%
10 years	+62.57%
All time	+966.93%

Members of Congress who disclosed PEG trades

Julie Johnson · Julia Letlow · Jared Moskowitz · Ritchie Torres

Super investors holding PEG

Ken Griffin (Citadel) · Harry Burn (Sound Shore Management) · Kahn Brothers (Kahn Brothers Group)

Profitability and growth

Return on equity: 12.43%
Return on invested capital: 6.62%
Return on assets: 3.67%
Return on capital employed: 5.75%
Gross margin: 24.49%
Net margin: 17.35%
EBITDA margin: 24.49%
Revenue growth: 18.25%
Net income growth: 19.13%
Free cash flow growth: 102.09%

Cash flow and balance sheet

Free cash flow yield (TTM): 0.81%
Current ratio: 0.88x
Net debt to EBITDA: 5.12x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $12.17B
Cost of revenue: $9.19B
Gross profit: $2.98B
EBITDA: $2.98B
Net income: $2.11B
Earnings per share: $4.23
Interest expense: $1.00B
Shares outstanding: 499.00M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$12.17B	$2.98B	$2.11B	$4.23
2024-12-31	$10.29B	$2.35B	$1.77B	$3.56
2023-12-31	$11.24B	$3.69B	$2.56B	$5.15
2022-12-31	$9.80B	$1.38B	$1.03B	$2.07
2021-12-31	$9.72B	-	-$648.00M	$-1.29
2020-12-31	$9.60B	$6.55B	$1.91B	$3.78
2019-12-31	$10.08B	$6.70B	$1.69B	$3.35
2018-12-31	$9.70B	$6.47B	$1.44B	$2.85
2017-12-31	$9.09B	$6.32B	$1.57B	$3.12
2016-12-31	$8.97B	$6.07B	$887.00M	$1.76

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	24.49%	17.35%	12.43%	6.62%
2024-12-31	22.87%	17.22%	11.00%	5.92%
2023-12-31	32.79%	22.81%	16.56%	20.31%
2022-12-31	14.09%	10.52%	7.51%	4.10%
2021-12-31	-	-6.67%	-4.49%	-1.44%
2020-12-31	68.18%	19.84%	11.92%	5.88%
2019-12-31	66.53%	16.80%	11.22%	5.56%
2018-12-31	66.74%	14.83%	10.00%	6.56%
2017-12-31	69.45%	17.31%	11.37%	5.37%
2016-12-31	67.64%	9.89%	6.76%	4.92%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$132.00M	$21.67B
2024-12-31	$125.00M	$18.96B
2023-12-31	$54.00M	$17.78B
2022-12-31	$465.00M	$16.50B
2021-12-31	$818.00M	$15.22B
2020-12-31	$543.00M	$14.50B
2019-12-31	$147.00M	$13.74B
2018-12-31	$177.00M	$13.17B
2017-12-31	$313.00M	$12.07B
2016-12-31	$423.00M	$10.89B

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$26.00M	$43.00M
2024-12-31	-$1.25B	$40.00M
2023-12-31	$481.00M	$18.00M
2022-12-31	-$1.39B	$29.00M
2021-12-31	-$983.00M	$28.00M
2020-12-31	$179.00M	$35.00M
2019-12-31	$213.00M	$33.00M
2018-12-31	-$999.00M	$30.00M
2017-12-31	-$930.00M	$31.00M
2016-12-31	-$886.00M	$1.00M

Dividend history

Most recent payment: 2026-09-09
Paid in the last twelve months: $2.64

Payment date	Dividend per share
2026-09-09	$0.67
2026-06-09	$0.67
2026-03-10	$0.67
2025-12-10	$0.63
2025-09-09	$0.63
2025-06-09	$0.63
2025-03-10	$0.63
2024-12-10	$0.60

Investor relations

Next earnings report

Next confirmed report: 2026-11-02
Consensus EPS estimate: $1.17

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-08-04	Jun/2026	$0.80
2026-05-05	Mar/2026	$1.47
2026-02-26	Dec/2025	$0.71
2025-11-03	Sep/2025	$1.01
2025-08-05	Jun/2025	$0.71
2025-04-30	Mar/2025	$1.46
2025-02-25	Dec/2024	$0.83
2024-11-04	Sep/2024	$0.91

Filings and sources

Company website: investor.pseg.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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