Public Service Enterprise Group Incorporated (PEG) Financial Statements

Public Service Enterprise Group Incorporated

PEG · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$12.12B	$9.87B	$9.25B	$11.23B	$10.31B	$9.10B	$9.31B	$9.34B
Cost of Revenue	—	—	—	—	—	$3.06B	$3.37B	$3.23B
Operating Expenses	$9.19B	$7.94B	$7.55B	$8.42B	$10.58B	$7.33B	$8.13B	$7.40B
Operating Income	$2.98B	$2.35B	$3.69B	$1.38B	-$856.00M	$2.27B	$1.94B	$2.30B
Interest Expense	$1.00B	$882.00M	$748.00M	$628.00M	$571.00M	$600.00M	$569.00M	$476.00M
Other Income / (Expense)	$145.00M	$154.00M	$173.00M	$124.00M	$98.00M	$115.00M	$125.00M	$85.00M
Income Before Taxes	$2.37B	$1.82B	$3.08B	$1.00B	-$1.09B	$2.30B	$1.95B	$1.85B
Provision for Income Taxes	$263.00M	$53.00M	$518.00M	-$29.00M	-$441.00M	$396.00M	$257.00M	$417.00M
Net Income	$2.11B	$1.77B	$2.56B	$1.03B	-$648.00M	$1.91B	$1.69B	$1.44B
Basic EPS	$4.23	$3.56	$5.15	$2.07	-$1.29	$3.78	$3.35	$2.85
Diluted EPS	$4.22	$3.54	$5.13	$2.06	-$1.29	$3.76	$3.33	$2.83
Basic Shares Outstanding	499.00M	498.00M	498.00M	498.00M	504.00M	504.00M	504.00M	504.00M
Diluted Shares Outstanding	501.00M	500.00M	500.00M	501.00M	504.00M	507.00M	507.00M	507.00M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$4.37	$4.33	$4.40	12	↑1 ↓1
Dec 2027	$4.69	$4.60	$4.80	12	↑1 ↓2
Dec 2028	$5.05	$4.99	$5.13	6	↑0 ↓0
Dec 2029	$5.29	$5.09	$5.42	3	↑0 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: PEG
Type: Stock
Sector: Utilities
Industry: Power Generation
Country: North America
Exchange: NYSE

Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers. PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Best in Class North America Index for 18 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island ( https://corporate.pseg.com ).

Key Issues

Bullish view

PSEG exceeded second-quarter earnings expectations by 7.50%, with utility investments, higher realized prices and nuclear generation supporting results.

Bearish view

Revenue missed estimates by 5.38% and declined year over year, while profit also fell, suggesting the earnings beat may not represent broad-based operating growth.

Analyst Consensus

See all

Hold

18 analysts

$75

Current

—

Low

$89

Average

—

High

Average target implies +18.24% versus the current price.

Earnings History

BeatMissNo estimate