— Know what they know.
/
Not Investment Advice

PEG

NYSE · USD
Public Service Enterprise Group Incorporated
Utilities · Regulated Electric
CEO Ralph A. LaRossa Employees 13,189 R&D / revenue 0.0%
Last price
$71.49+1.82%last session
Market cap
$35.6B
P/E (TTM)
17.7x
From 52w high
−18.4%
From 52w low
+8.1%
1-year return
−12.3%
RSI 14 · vs SMA200
55.4 · −7.5%
IS score
45.6/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

PEG   SPY   XLU (sector ETF) · weekly closes
8090100110120Jan 26Apr 26Jul 26Oct 26SPY 116XLU 92PEG 88

Score DNA

Each bar is a 0-100 score within the scored universe
54
Profitability
50
Growth
56
Value
79
Momentum
30
Risk (safety)
69
Quality
32
Balance sheet
76
Earnings quality

Flags

Strengths
✓ FCF yield 5%+✓ Congress buying
Warnings
▲ Altman distress zone
Observations
Moat model: Weak, Intangible AssetsPiotroski 6 / 9Altman Z 1.3Beta 0.523 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
8 open-market sales, $1.8M
Form 144 notices (12m): 7, $3.2M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
1
Last disclosed purchase 2026-09-25
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+21
132 new holders, 94 closed
1,316 filers hold 78.0% · 555 added, 402 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+243
1,067 funds adding shares
824 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
39.9%
20-day avg 29.0%, 50-day avg 35.6%
Latest 10.9 pp over its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$12.2B
Revenue growth YoY+18.3%
Gross margin69.0%
Operating income$3.0B
Operating margin24.5%
Net income$2.1B
Net margin17.3%
EPS (diluted)$4.21
Cash flow
Operating cash flow$2.4B
Capital expenditure$2.0B
Free cash flow$325.0M
FCF conversion (FCF / OCF)13.7%
Stock-based compensation$0
FCF less SBC$325.0M
Buybacks$0
Dividends$1.3B
Balance sheet & returns
Cash & short-term investments$135.0M
Total debt$24.2B
Net debt$24.1B
Shareholders' equity$17.0B
Goodwill & intangibles$0
Debt / equity1.42
ROE (TTM)11.7%
ROIC (TTM)4.6%
Operating margin by fiscal year
-8.8%FY202114.1%FY202232.8%FY202322.9%FY202424.5%FY2025
Revenue $9.7B (FY2021) to $12.2B (FY2025), a 5.8% CAGR.

Valuation

P/E (TTM)17.7x
EV / EBITDA13.3x
Price / sales2.84x
Price / FCF18.0x
FCF yield5.57%
Buyback yield0.00%
SBC / revenue0.0%
Price / book2.06x
Forward P/E FY202616.4x
Forward P/E FY202715.3x
Forward P/E FY202814.3x
Forward multiples divide today's price by Street EPS estimates. Street mean target $85.43 across 7 analysts last quarter is theirs, not ours.

PEG vs industry median

139 companies in Regulated Electric
Gross margin 85.4% 39.0% Operating margin 23.1% 19.1% Net margin 16.0% 13.0% ROIC 4.6% 5.7%
PEG (TTM)Industry median Asset turnover 0.21 vs industry 0.24 · financial leverage 3.39

Earnings delivery

Next report 2026-11-02 · consensus EPS $1.19
75%
beat rate, 9 of 12 quarters
+2.9%
median EPS surprise
5
longest beat streak
+13+2+0+0+3+2-1+10+11+1+8+8
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-31 to 2026-08-04. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
PEG Public Service Enterprise Gr $35.6B17.7x11.7%16.0%+18.3% −12.3%
WEC WEC Energy Group, Inc. $35.4B20.9x12.4%14.5%+8.9% −3.2%
PCG PG&E Corporation $35.1B9.5x9.7%12.9%+5.7% −20.7%
EXCVV Exelon Corporation $41.1B3.8x9.9%11.0%+5.3% —
ED Consolidated Edison, Inc. $41.4B18.3x9.0%7.6%+9.5% +12.0%
AEE Ameren Corporation $29.4B18.5x12.0%15.0%+3.8% +1.5%
EXC Exelon Corporation $44.8B15.9x9.7%6.6%+6.6% —
ELC Entergy Louisiana, LLC COLLA $45.8B4.6x12.6%13.7%+9.5% —
12-month window: SPY +15.9%, sector ETF XLU −8.1%. Past returns describe history only.

Recent 8-K filings

2026-08-04Earnings Release; Regulation FD; Exhibits
2026-07-01Regulation FD
2026-06-03Other Events; Exhibits
2026-05-05Earnings Release; Regulation FD; Exhibits
2026-04-23Officer/Director Change
2026-04-23Shareholder Vote

Context

Shares outstanding498,420,000
Free float99.8%
Institutional ownership78.0%
Beta0.52
Dividend yield3.69%
Last dividend$0.67 on 2026-09-09
50 / 200-day average$71.93 / $78.45
Large-cap Utilities median P/E20.7x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where PEG sits among 45 scored companies in Regulated Electric (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasurePEGIndustry medianIndustry percentileSector median
P/E (TTM) 17.7x 19.6x
36th		 20.7x
PEG (P/E ÷ 3-yr EPS CAGR) —
Price / sales 2.8x 2.4x
64th		 2.4x
Price / book 2.1x 1.8x
64th		 1.9x
Price / tangible book 2.3x 2.0x
68th		 2.1x
Price / free cash flow 18.0x 13.7x
63rd		 34.3x
Price / operating cash flow 9.9x 9.1x
65th		 9.2x
Enterprise value $60.1B $51.2B
66th		 $25.7B
EV / sales 4.8x 3.9x
61st		 4.5x
EV / EBITDA 13.6x 11.6x
82nd		 11.9x
EV / EBIT 19.5x 19.5x
50th		 19.6x
EV / free cash flow 30.3x 25.9x
53rd		 35.3x
Earnings yield 5.6% 5.1%
64th		 4.8%
FCF yield 5.6% -1.8%
73rd		 -4.2%
Operating cash flow yield 10.1% 10.7%
37th		 10.3%
Graham number (per share) $56.02 $56.02
50th		 $48.77

Profitability (TTM)

MeasurePEGIndustry medianIndustry percentileSector median
Gross margin 85.4% 43.4%
100th		 43.4%
EBITDA margin 35.2% 40.2%
27th		 38.7%
Operating margin 23.1% 22.2%
59th		 20.9%
EBIT margin 24.6% 23.8%
55th		 23.2%
Net margin 16.0% 13.5%
82nd		 12.4%
NOPAT margin 20.4% 19.3%
66th		 18.1%
FCF margin 15.8% -5.6%
80th		 -7.6%
Operating cash flow margin 28.6% 29.1%
48th		 28.3%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 0.0% 3.8%
0th		 4.2%
Stock comp / revenue 0.0% 0.0%
0th		 0.0%
Effective tax rate 11.6% 13.7%
34th		 18.4%

Returns on capital

MeasurePEGIndustry medianIndustry percentileSector median
ROE (on average equity) 11.8% 10.5%
73rd		 9.5%
ROA 3.5% 2.7%
86th		 2.6%
ROIC 6.1% 5.5%
70th		 5.5%
ROCE 5.7% 5.3%
82nd		 5.1%
Return on tangible assets 5.4% 4.9%
84th		 4.7%
Cash ROIC (OCF / invested capital) 8.6% 8.6%
48th		 8.0%
Gross profitability (GP / assets) 18.2% 9.1%
95th		 8.6%
ROIC, 3-yr average 5.0% 4.4%
80th		 4.2%
ROIC, 5-yr average 4.3% 4.3%
47th		 4.2%
ROE, 5-yr average 9.0% 10.7%
30th		 9.1%
Incremental ROIC 42.8% 21.9%
86th		 20.6%

Growth

MeasurePEGIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 12.7% 8.0%
89th		 7.2%
Revenue growth (QoQ) -33.6% -16.9%
14th		 -16.9%
Revenue CAGR, 3 yr 2.7% 2.8%
39th		 3.0%
Revenue CAGR, 5 yr 5.6% 5.6%
50th		 6.3%
Gross profit CAGR, 3 yr 30.9% 8.0%
82nd		 7.9%
Operating income CAGR, 3 yr -6.8% 10.5%
9th		 9.4%
Net income growth (TTM YoY) 1.6% 8.5%
36th		 8.6%
Net income CAGR, 3 yr -10.2% 9.5%
5th		 8.8%
EPS growth (TTM YoY) 1.6% 2.3%
48th		 4.2%
EPS CAGR, 3 yr -10.2% 6.6%
9th		 6.6%
EPS CAGR, 5 yr 6.5% 4.1%
68th		 4.0%
FCF growth (TTM YoY) —
FCF CAGR, 3 yr 56.8% — 16.0%
Operating cash flow CAGR, 3 yr 0.3% 17.7%
14th		 12.7%
Book value CAGR, 3 yr 4.8% 4.8%
50th		 4.7%
Dividend CAGR, 3 yr 1.9% 0.3%
81st		 0.3%
Sustainable growth rate 4.2% 3.8%
61st		 3.7%

Margin history & stability

MeasurePEGIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 52.2% 44.0%
84th		 42.6%
Operating margin, 3-yr average 24.0% 21.9%
70th		 20.0%
Net margin, 3-yr average 16.6% 13.0%
86th		 12.5%
FCF margin, 3-yr average 0.2% -4.3%
66th		 -7.9%
Revenue stability (0-1) 0.61 0.75
27th		 0.75
Earnings stability (0-1) 0.19 0.43
32nd		 0.51
Margin stability (0-1) 0.52 0.83
9th		 0.84

Liquidity (latest quarter)

MeasurePEGIndustry medianIndustry percentileSector median
Cash & short-term investments $192.0M $241.0M
36th		 $215.5M
Net cash (− = net debt) −$24.5B −$24.6B
52nd		 −$12.1B
Working capital −$639.0M −$794.4M
55th		 −$284.5M
Current ratio 0.88 0.80
64th		 0.82
Quick ratio 0.67 0.66
52nd		 0.69
Cash ratio (cash + ST investments / current liabilities) 0.04 0.07
39th		 0.08
Defensive interval (days) 118 days 286 days
14th		 314 days

Leverage & solvency (latest quarter)

MeasurePEGIndustry medianIndustry percentileSector median
Total debt $24.7B $25.1B
48th		 $12.5B
Debt / equity 1.42 1.68
27th		 1.61
Net debt / equity 1.41 1.67
27th		 1.60
Debt / assets 42.0% 44.6%
30th		 43.4%
Debt / capital 58.7% 62.7%
27th		 61.8%
Debt / EBITDA 5.59 5.59
48th		 5.59
Net debt / EBITDA 5.54 5.54
50th		 5.53
Interest coverage (EBIT / interest) 3.1x 2.4x
89th		 2.4x
Cash interest coverage 3.6x 3.1x
73rd		 3.0x
Debt payback (years of OCF) 6.9 yrs 7.5 yrs
35th		 7.5 yrs
Liabilities / assets 70.5% 73.0%
27th		 70.8%
IS credit model rating BB — —
Implied credit spread (bps) 475 750
14th		 750

Efficiency

MeasurePEGIndustry medianIndustry percentileSector median
Asset turnover 0.22 0.21
55th		 0.20
Fixed asset turnover 0.29 0.27
67th		 0.27
Inventory turnover 1.7 6.7
2nd		 8.7
Receivables turnover 6.4 8.7
7th		 8.4
Days sales outstanding 57 days 41 days
95th		 43 days
Days inventory outstanding 219 days 54 days
100th		 42 days
Days payables outstanding 247 days 77 days
100th		 75 days
Cash conversion cycle (days) 28 days 15 days
70th		 14 days
Capex / revenue 12.8% 33.3%
17th		 35.1%
Capex / depreciation 1.21 2.35
19th		 2.40
Operating expense ratio 46.5% 30.3%
70th		 30.7%

Cash flow & earnings quality

MeasurePEGIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.79 2.19
20th		 2.20
FCF / net income 0.99 −0.32
75th		 −0.74
FCF / operating cash flow 55.3% -20.3%
88th		 -33.3%
Capex / operating cash flow 44.7% 120.3%
12th		 133.3%
Accruals ratio -2.8% -3.3%
77th		 -3.2%
Sloan accruals ratio -3.4% -3.7%
66th		 -3.7%
Earnings quality score (0-1) 1.00 1.00
16th		 1.00

Dividends & buybacks

MeasurePEGIndustry medianIndustry percentileSector median
Dividend yield 3.7% 3.3%
80th		 3.3%
Dividend per share (TTM) $2.64 $2.56
52nd		 $1.87
Payout ratio (dividends / net income) 64.5% 65.4%
43rd		 63.9%
Dividends / FCF 65.3% 59.8%
56th		 65.6%
Dividend growth (YoY) 5.7% 3.9%
70th		 3.9%
Buyback yield 0.0% 0.0%
0th		 0.0%
Shareholder yield (dividends + buybacks) 3.6% 3.3%
66th		 3.3%
Share count change (YoY) 0.0% 2.2%
2nd		 2.5%
Buybacks, last 5 years $0 $0
0th		 $0

Scores & forensic checks

MeasurePEGIndustry medianIndustry percentileSector median
IS score 46 42
66th		 40
IS profitability 54 50
61st		 44
IS growth 50 49
55th		 50
IS value 56 58
41st		 56
IS momentum 79 77
57th		 78
IS risk (safety) 30 15
84th		 15
IS quality 69 66
68th		 64
IS balance sheet 32 25
70th		 28
IS earnings quality 76 79
30th		 79
IS cash flow 56 35
84th		 35
Piotroski F-score (0-9) 6 6
32nd		 6
Altman Z-score 1.3 0.8
86th		 0.9
Beneish M-score −2.78 −2.60
28th		 −2.64
Ohlson O-score −7.30 −7.06
34th		 −7.04
IS credit score 45 27
86th		 29

Per share

MeasurePEGIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $4.02 $3.90
57th		 $3.13
Book value per share $34.66 $34.68
41st		 $32.52
Tangible book per share $34.73 $34.58
59th		 $32.45
Revenue per share $25.09 $27.50
34th		 $24.86
FCF per share $3.97 −$1.01
77th		 −$1.64
Operating cash flow per share $7.18 $8.38
45th		 $7.00
Cash per share $0.38 $0.80
32nd		 $0.83

Size (TTM)

MeasurePEGIndustry medianIndustry percentileSector median
Market cap $35.6B $21.5B
75th		 $8.5B
Revenue $12.5B $12.5B
50th		 $5.4B
EBITDA $4.4B $4.3B
59th		 $2.7B
Net income $2.0B $1.3B
68th		 $559.7M
Free cash flow $2.0B −$189.0M
77th		 −$190.6M
Total assets $58.8B $56.2B
61st		 $34.0B
Shareholders' equity $17.3B $12.5B
64th		 $5.1B
Employees 13,189 9,950
70th		 5,870

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-01Larossa Ralph A
Director, Chair, President and CEO
 Open-market sale 2,083$67.48$140,571279,490
2026-09-16Park Grace H
EVP and General Counsel
 Tax withholding 136$70.54$9,59316,044
2026-09-01Larossa Ralph A
Director, Chair, President and CEO
 Open-market sale 2,083$73.46$153,010281,573
2026-08-11Thigpen Richard T
SVP Corporate Citizenship
 Open-market sale 8,000$74.56$596,48020,970
2026-08-03Larossa Ralph A
Director, Chair, President and CEO
 Open-market sale 2,083$76.47$159,290283,656
2026-07-01Larossa Ralph A
Director, Chair, President and CEO
 Open-market sale 2,083$80.51$167,704285,149
2026-06-24Hanemann Kim C
President and COO - PSE&G
 Open-market sale 3,035$82.00$248,87098,815
2026-06-01Larossa Ralph A
Director, Chair, President and CEO
 Open-market sale 2,083$77.01$160,420287,232
2026-05-01Williams Geisha J
Director
 Award / grant 2,246——2,246
2026-05-01Tomasky Susan
Director
 Award / grant 2,246——53,197
2026-05-01Tanji Kenneth
Director
 Award / grant 2,246——9,424
2026-05-01Surma John P
Director
 Award / grant 2,246——16,587

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired1022,460$360,034
Open-market saleDisposed823,533$1.8M
Tax withholdingDisposed1136$9,593
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 7 notices · 41,485 shares · $3.2M
FiledFilerShares proposedEst. proceeds
2026-10-01Ralph A. Larossa6,249$420,808
2026-08-11Thigpen Richard T8,000$596,482
2026-07-01Ralph A. Larossa6,249$507,169
2026-06-24Hanemann Kim C3,035$248,870
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 15 trades (7 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-25Ro KhannaHousePurchase$1,001 - $15,0002026-10-09
2026-02-17Julia LetlowHouseSale$1,001 - $15,0002026-03-13
2026-02-17Julia LetlowHouseSale$1,001 - $15,0002026-03-13
2026-01-29Ro KhannaHouseSale$1,001 - $15,0002026-02-10
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.53,801,998$4.4B10.79%
VANGUARD CAPITAL MANAGEMENT LLC32,546,782$2.6B6.53%
VANGUARD PORTFOLIO MANAGEMENT LLC30,386,398$2.5B6.10%
STATE STREET CORP29,481,434$2.4B5.91%
BANK OF AMERICA CORP /DE/14,876,783$1.2B2.98%
GEODE CAPITAL MANAGEMENT, LLC13,217,077$1.1B2.65%
Capital Research Global Investors10,718,961$870.0M2.15%
Invesco Ltd.7,567,343$614.2M1.52%
Legal & General Group Plc6,838,275$555.0M1.37%
NORGES BANK6,520,199$529.2M1.31%
MORGAN STANLEY5,046,151$409.5M1.01%
MASSACHUSETTS FINANCIAL SERVICES CO /MA/4,442,143$360.5M0.89%
CITADEL ADVISORS LLC4,428,016$359.4M0.89%
GOLDMAN SACHS GROUP INC4,296,529$348.7M0.86%
NORTHERN TRUST CORP4,149,605$336.8M0.83%

Institutional ownership by quarter

2023-092026-0678.0%
% of shares held by 13F filers
2023-092026-061,316
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,31678.0%13255540294
2026-03-311,29574.8%13149642999
2025-12-311,28675.6%17746042890
2025-09-301,21873.7%11247437190
2025-06-301,21975.3%111467419116
2025-03-311,23975.0%113473425100
2024-12-311,24874.9%18246739379
2024-09-301,17474.8%16241239260
2024-06-301,08374.6%15340533784
2024-03-311,02973.8%11036937681
2023-12-311,01373.2%15536434262
2023-09-3093473.7%9932932784

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-30SCHEDULE 13GVanguard Capital Management7.5%37,679,026
2026-04-29SCHEDULE 13GVanguard Portfolio Management6.1%30,396,819
2026-01-30SCHEDULE 13G/AThe Vanguard Group13.5%67,498,797
2025-07-17SCHEDULE 13G/ABlackRock, Inc.9.3%46,597,183
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.05%$1.1B
VTSAX0.05%$1.1B
VSMPX0.05%$1.1B
VTI0.05%$1.1B
VFINX0.05%$881.4M
VFIAX0.05%$881.4M

Share structure

Shares outstanding498,420,000
Float497,624,023
Free float99.8%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$9.7B$9.8B$11.2B$10.3B$12.2B
Cost of revenue$6.7B$7.2B$6.4B$6.7B$3.8B
Gross profit$3.0B$2.6B$4.8B$3.5B$8.4B
R&D$0$0$0$0$0
SG&A−$328.0M−$376.0M$218.0M$0$0
Operating income−$856.0M$1.4B$3.7B$2.4B$3.0B
EBITDA$814.0M$2.8B$5.1B$4.0B$4.6B
Pretax income−$1.1B$1.0B$3.1B$1.8B$2.4B
Income tax−$441.0M−$29.0M$518.0M$53.0M$263.0M
Net income−$648.0M$1.0B$2.6B$1.8B$2.1B
EPS, diluted$-1.29$2.06$5.13$3.54$4.21
Diluted shares504.0M501.0M500.0M500.0M501.0M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$818.0M$465.0M$54.0M$125.0M$135.0M
Receivables$2.1B$2.3B$1.7B$1.9B$2.7B
Inventory$744.0M$960.0M$1.0B$1.1B$1.2B
Total current assets$6.2B$4.3B$3.4B$4.2B$4.6B
PP&E, net$34.6B$36.1B$38.2B$40.2B$42.2B
Goodwill & intangibles$20.0M$14.0M$0$0$0
Total assets$49.0B$48.7B$50.7B$54.6B$57.6B
Accounts payable$1.3B$1.3B$1.2B$1.1B$1.5B
Total current liabilities$7.1B$6.7B$5.1B$6.5B$5.7B
Long-term debt$15.2B$16.5B$17.8B$19.0B$21.8B
Total liabilities$34.6B$35.0B$35.3B$38.5B$40.6B
Shareholders' equity$14.4B$13.7B$15.5B$16.1B$17.0B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income−$648.0M$1.0B$2.6B$1.8B$2.1B
Depreciation & amortization$1.4B$1.3B$1.3B$1.4B$1.1B
Stock-based compensation$0$0$0$0$0
Change in working capital−$1.1B−$847.0M$1.3B−$604.0M$190.0M
Operating cash flow$1.7B$1.5B$3.8B$2.1B$2.4B
Capital expenditure−$2.7B−$2.9B−$3.3B−$3.4B−$2.0B
Free cash flow−$983.0M−$1.4B$481.0M−$1.2B$325.0M
Investing cash flow−$2.2B−$1.1B−$3.0B−$3.3B−$2.8B
Net debt issued / repaid$2.2B$831.0M−$25.0M$2.5B$507.0M
Buybacks$0−$500.0M$0$0$0
Dividends paid−$1.0B−$1.1B−$1.1B−$1.2B−$1.3B

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin30.8%26.6%43.0%34.4%69.0%
Operating margin-8.8%14.1%32.8%22.9%24.5%
Net margin-6.7%10.5%22.8%17.2%17.3%
FCF margin-10.3%-14.1%4.3%-12.1%2.3%
ROE-4.3%7.3%17.6%11.2%12.8%
ROIC-2.0%4.2%8.6%5.9%6.4%
ROA-1.3%2.1%5.2%3.4%3.8%
Debt / equity1.361.491.321.421.44
Interest coveragen/m2.8x5.5x3.2x3.5x
Current ratio0.880.640.670.650.80
Revenue growth+1.2%+0.8%+14.7%−8.4%+18.3%
EPS growth−134.0%+261.7%+148.6%−30.9%+18.9%
P/E at year endn/m26.9x11.2x23.1x19.1x
EV / EBITDA at year end60.9x16.7x9.6x15.8x13.6x
FCF yield at year end-3.37%-5.00%1.68%-3.05%0.69%
Dividend payout—104.7%44.4%67.5%59.6%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Public Service Electric and Gas Company$3.3B$3.5B$3.5B$4.0B$4.9B
Gas Distribution Contracts$1.9B$2.4B$2.0B$2.1B$2.5B
Transmission$1.6B$1.6B$1.7B$1.8B$1.8B
Other Contract Revenues$960.0M$989.0M$994.0M$1.1B$1.1B
Natural Gas$181.0M$458.0M$206.0M$206.0M$353.0M

Street estimates by fiscal year

Next report 2026-11-02 · consensus EPS $1.19 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$12.5B$12.1B – $12.9B$4.37$4.33 – $4.401116.4x
2027$13.1B$11.8B – $14.0B$4.66$4.58 – $4.731315.3x
2028$13.7B$12.4B – $15.6B$5.01$4.92 – $5.07414.3x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-04$0.79$0.86+8.3%$2.7B$2.6B−4.0%
2026-05-05$1.44$1.55+7.6%$3.4B$3.8B+14.7%
2026-02-26$0.71$0.72+1.3%$2.7B$2.9B+8.7%
2025-11-03$1.02$1.13+10.8%$2.7B$3.2B+18.6%
2025-08-05$0.70$0.77+10.3%$2.4B$2.8B+17.9%
2025-04-30$1.44$1.43−0.7%$3.0B$3.2B+5.7%
2025-02-25$0.82$0.84+2.4%$2.0B$2.5B+21.6%
2024-11-04$0.87$0.90+3.4%$2.4B$2.6B+8.8%
2024-07-30$0.63$0.630.0%$2.0B$2.4B+19.5%
2024-04-30$1.31$1.310.0%$3.0B$2.8B−7.5%
2024-02-26$0.53$0.54+1.9%$2.4B$2.6B+8.5%
2023-10-31$0.75$0.85+13.3%$2.1B$2.5B+14.8%
2023-08-01$0.61$0.70+14.8%$2.0B$2.4B+24.1%
2023-05-02$1.21$1.39+14.9%$2.8B$3.8B+34.0%
2023-02-21$0.63$0.64+1.6%$2.1B$3.1B+47.0%
2022-10-31$0.84$0.86+2.4%$2.0B$2.3B+13.9%
2022-08-02$0.65$0.64−1.5%$1.8B$2.1B+15.0%
2022-05-03$1.11$1.33+19.8%$2.6B$2.3B−11.0%
2022-02-24$0.66$0.69+4.5%$3.1B$3.1B−2.1%
2021-11-02$0.92$0.98+6.5%—$1.9B—
2021-08-03$0.70$0.700.0%—$1.9B—
2021-05-05$1.12$1.28+14.3%—$2.9B—
2021-02-26$0.65$0.650.0%—$2.4B—
2020-10-30$0.97$0.96−1.0%—$2.4B—

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.206-150.206-220.206-290.207-060.307-130.207-200.307-270.308-030.208-100.208-170.208-240.208-31
Week ofNotionalSharesTrades
2026-08-31$221.6M3,016,13263,725
2026-08-24$152.5M2,077,30758,384
2026-08-17$188.9M2,512,46071,563
2026-08-10$172.6M2,289,03156,102
2026-08-03$325.7M4,296,08689,011
2026-07-27$263.1M3,360,84980,466

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1539.9%
DateShort shareShort volumeTotal volume
2026-10-1539.9%410,9751,029,936
2026-10-1430.3%323,3401,067,589
2026-10-1343.0%583,9901,357,425
2026-10-1222.5%428,0991,900,093
2026-10-0929.3%244,729834,992
2026-10-0833.8%717,6092,125,944
2026-10-0740.3%982,1782,437,820
2026-10-0634.3%1,077,9983,141,845
2026-10-0532.0%620,1891,940,056
2026-10-0232.3%465,4281,440,478
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+0.9Jan-0.0Feb+2.9Mar+3.1Apr+0.1May+0.5Jun+1.0Jul-0.6Aug-0.1Sep+1.6Oct+1.5Nov+1.0Dec
MonthAvg returnUp yearsYears
Jan+0.9%70%20
Feb−0.0%45%20
Mar+2.9%67%21
Apr+3.1%75%20
May+0.1%55%20
Jun+0.5%50%20
Jul+1.0%60%20
Aug−0.6%50%20
Sep−0.1%70%20
Oct+1.6%65%20
Nov+1.5%60%20
Dec+1.0%60%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1455.4
MFI71.8
ADX24.2
Stochastic %K / %D73.2 / 70.5
Williams %R-15.1
CCI75
TSI / signal-1.5 / -15.8
Chaikin money flow0.14
ATR$1.34
Bollinger width10.9%
Volume vs 20-day avg0.72x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$69.34 (+3.1%)
SMA 50$71.58 (−0.1%)
SMA 200$77.26 (−7.5%)
EMA 21$70.39 (+1.6%)
EMA 50$71.74 (−0.3%)
EMA 200$75.89 (−5.8%)
Bollinger upper$73.12 (−2.2%)
Bollinger lower$65.56 (+9.0%)
Parabolic SAR$69.85 (+2.3%)
Open the live chart, 110+ indicators

About Public Service Enterprise Group Incorporated

Public Service Enterprise Group Incorporated (PSEG) is an energy provider primarily operating through its subsidiaries in the Northeastern and Mid-Atlantic United States. The company's business activities are structured into two primary segments: PSE&G and PSEG Power. The PSE&G division is responsible for transmitting electricity and distributing both electricity and natural gas to residential, commercial, and industrial customers. This segment also commits resources to solar power generation projects and various energy efficiency initiatives, as well as offering appliance service and repair. By December 31, 2021, its substantial infrastructure included 25,000 circuit miles of electric transmission and distribution systems, supported by 862,000 utility poles. It also featured 56 switching stations with a total capacity of 39,353 megavolt-amperes (MVA) and 235 substations with a combined capacity of 9,285 MVA. The electric network was further managed by four main and five sub-electric distribution headquarters. On the gas side, PSE&G maintained 18,000 miles of gas mains, twelve primary and two secondary gas distribution headquarters, a single meter shop, and 58 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was established in 1985 and is headquartered in Newark, New Jersey.

https://investor.pseg.com

Key executives

NameTitlePayBorn
Ralph A. LaRossaChair, President & Chief Executive Officer$4.1M1963
Daniel J. CreggExecutive Vice President & Chief Financial Officer$1.9M1964
Kim C. HanemannPresident & Chief Operating Officer of Public Service Electric & Gas$1.9M1964
Grace H. ParkExecutive Vice President & General Counsel$1.5M1976
Carlotta N. ChanVice President of Investor Relations——
Karen CleeveVice President of Corporate Communications——
Michael K. HyunSenior VP and Chief Commercial Officer of Strategic Partnerships——
Richard T. ThigpenSenior Vice President of Corporate Citizenship—1961

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Ralph A. LaRossa Chair of the Board, President & CEO2025$1.4M$9.0M$2.6M$13.9M
Daniel J. Cregg EVP & CFO2025$854,000$2.5M$1.1M$4.8M
Kim C. Hanemann President & COO (PSE&G)2025$802,100$2.0M$1.0M$4.4M
Grace H. Park EVP & General Counsel2025$700,000$1.4M$767,200$3.0M
Charles V. McFeaters President & Chief Nuclear Officer2025$700,000$1.3M$724,500$2.8M

Employees

13k201813k201913k202013k202113k202213k202313k202413k2025

Dividends

Ex-dateAmountPaid
2026-09-09$0.672026-09-30
2026-06-09$0.672026-06-30
2026-03-10$0.672026-03-31
2025-12-10$0.632025-12-31
2025-09-09$0.632025-09-30
2025-06-09$0.632025-06-30
2025-03-10$0.632025-03-31
2024-12-10$0.62024-12-31

Moat model

Weak · Intangible Assets · 2026-06-30
Cost advantage49
Intangibles61
Switching costs28
Network effect27
Efficient scale42
Our component scores (0-100) and overall 42.4; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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