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MARKETS / NYSE / PEG
NYSE · ELECTRIC & OTHER SERVICES COMBINED · LARGE CAP

Public Service Enterprise Group Inc. PEG

19 fiscal years on record · USD · FY2025 reported · SEC filings only
6 YEARS OF DIVIDEND GROWTH
$12.1B
▲ 22.8% YoY
$2.1B
▲ 19.1% YoY
$26.0M
In brief

What this company does

Public Service Enterprise Group Incorporated is a public utility holding company that, through its wholly owned subsidiaries, is a predominantly regulated electric and gas utility and a nuclear generation business. It principally conducts its business through two direct wholly owned subsidiaries, PSE&G and PSEG Power LLC. PSE&G is a New Jersey corporation, incorporated in 1924, that is a franchised public utility providing electric transmission and electric and natural gas distribution to residential, commercial, and industrial customers in its service territory. PSE&G distributes electric energy and natural gas to customers within a service territory across New Jersey where approximately 6.8 million people, or about 74% of New Jersey's population, reside. It provides distribution service to 2.4 million electric customers and 1.9 million gas customers in a service area of approximately 2,600 square miles across New Jersey. PSEG Power is a Delaware limited liability company formed in 1999 that earns revenues primarily by selling energy and capacity from its nuclear generation units and from the sale of wholesale natural gas through a full-requirements contract with PSE&G. As of December 31, 2025, PSEG Power had 3,758 MW of nuclear generation capacity, located in New Jersey and Pennsylvania. Public Service Enterprise Group Incorporated was incorporated under the laws of the State of New Jersey in 1985.

Written from the business description in PUBLIC SERVICE ENTERPRISE GROUP INC's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 12.1B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 12.1 · Net income 2.1
5B10B2007201020132016201920222025
Compound annual growth
+2.6%
+5.9%
+1.5%
+0.2%
+27.0%
+2.1%
+2.3%
+2.0%
+27.0%
+2.3%
+5.3%
+5.2%
−7.3%
+4.9%
+4.8%
+4.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.9% a year over five years — but profit grew slower: net income at +2.1%, earnings per share at +2.3%.

The share count fell from 0.50B to 0.50B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
17 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 24.6% · Net 17.4%
10%20%30%-5%2007201020132016201920222025
ROE
FY2017 · ROE 12.0%
5%10%15%2007201020132016201920222025

Cash & shareholders
USD 1.3B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 0.0
0.5B1.0B-0.5B-1.0B2007201020132016201920222025
Net buybacks $B Dividends $B
FY2025 · Dividends 1.3 · Net buybacks —
0.8BDividendsNet buybacks2007201020132016201920222025
Dividends paidUSD 1.3B
Net buybacks
Share of profit59.6%
Consecutive raises6 years (since the 2019 share-count change)

USD 1.3B in dividends — 60% of the year's profit went back to shareholders.

Total assetsUSD 57.6B
CashUSD 132.0M
Gross debtUSD 22.5B
Net debtUSD 22.4B
Current ratio0.80×

Not available: we don't have the shareholders' equity figure for this period.

The 19-year record
19 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B12.19.99.311.210.39.19.39.38.38.210.410.910.09.811.111.812.012.612.7
Operating income $B3.02.43.71.4−0.92.31.92.31.41.63.02.62.32.32.72.93.12.52.8
EBITDA $B·······3.53.43.14.23.93.53.33.73.94.03.33.6
Income tax $B0.30.10.5−0.0−0.40.40.30.4−0.30.41.00.90.80.71.01.11.00.91.1
Net income $B2.11.82.61.0−0.61.91.71.41.60.91.71.51.21.31.51.61.61.21.3
Free cash flow $B0.0−1.20.5−1.4−1.00.20.2−1.0−0.9−0.90.10.30.30.21.50.00.10.60.6
EPS, diluted $4.223.545.132.06−1.293.763.332.833.101.753.302.992.452.512.963.083.142.342.62
Dividend / sh $2.522.402.282.162.041.961.881.801.721.641.561.481.441.421.371.371.331.291.17
Payout %606744105−1595256635594474959564644425544
ROE %········12.06.813.312.811.112.115.117.019.215.3·
Shares out B0.500.500.500.500.500.500.500.000.000.000.510.510.510.510.510.510.51··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 74 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 18 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityElectric & Other Services Combined
Listed onNYSE
Incorporated inNew Jersey
Fiscal year endsDecember 31
Data on record since2007

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