FirmAtlas
Company handbook · PEG · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
PEG · CIK 788784 · LATEST FILING: 10-Q JUN '26 · FILED AUG 4, 2026
Public Service Enterprise Group Incorporated
$71.49
+1.28 (+1.82%)
Close, Oct 16, 2026 · 52-week $66–88
Last fiscal year
Public Service Enterprise Group Incorporated reported revenue of $12.1B for the year ended Dec 31, 2025 (FY25), up 22.8% from FY24. Net income was $2.1B, operating cash flow $3.3B and free cash flow $26M. Source: 10-K filed Feb 26, 2026.
Market cap
$35.6B
P/E
17.7
P/B
2.0
Div yield
3.69%
ROIC
6.7%
Revenue 1Y
22.8%/yr
EPS 1Y
19.2%/yr
Shares 1Y
+0.0%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEORalph A. LaRossa
HQNewark, NJ
AuditorDeloitte & Touche LLP
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
5.7%
2.9%
5.5%
−15.2%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$9.1B deployed
Capex
$6.7B
73.1%
Dividends
$2.5B
26.9%
Operating cash flow over the period: $5.4B. Total debt changed by +$1.4B.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Balance sheet
Total assets
54,640
57,576+5.4%
58,813
Cash & short-term investments
154
156+1.3%
—
Accounts receivable
1,597
1,888+18.2%
—
Other assets
52,889
55,532+5.0%
—
Total liabilities
38,526
40,594+5.4%
41,484
Accounts payable
1,136
1,489+31.1%
—
Total debt
22,707
24,074+6.0%
24,541
Other liabilities
14,683
15,031+2.4%
—
Shareholders’ equity
16,114
16,982+5.4%
17,329
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
2,133
3,298+54.6%
3,592
Net income
1,772
2,111+19.1%
—
Stock-based compensation
40
43+7.5%
—
Working capital & other
321
1,144+256.4%
—
Cash from investing
(3,306)
(3,308)n/m
—
Capex
(3,380)
(3,272)n/m
—
PP&E sold
0
0n/m
—
Investments bought
(1,563)
(1,371)n/m
—
Investments sold / matured
1,537
1,378−10.3%
—
Other investing
100
(43)−143.0%
—
Cash from financing
1,228
12−99.0%
—
Debt repaid
(1,500)
(2,150)n/m
—
Dividends
(1,196)
(1,258)n/m
—
Buybacks
0
—
—
Other financing
3,924
3,420−12.8%
—
Net change in cash
55
2−96.4%
—
Free cash flow (OCF − capex)
(1,247)
26n/m
276
Where the cash went
Operating cash flow
2,133
3,298+54.6%
3,592
Reinvested in the business
3,380
3,272−3.2%
—
% of operating cash flow
158.5%
99.2%
Capex
3,380
3,272−3.2%
3,316
Free cash flow
(1,247)
26n/m
276
YoY
n/m
Returned to shareholders
1,196
1,258+5.2%
—
% of free cash flow
—
4838.5%
Dividends
1,196
1,258+5.2%
—
Buybacks
0
—
—
Change in total debt
—
1,367
—
Cash left over
—
135
—
FCF conversion (FCF ÷ net income)
−70.4%
1.2%+71.6 pp
—
Returns & ratios
ROIC (all capital)
5.9%
6.7%+0.8 pp
—
ROIC (operating)
495.6%
616.2%+120.7 pp
—
Debt / equity
1.41x
1.42x+0.01x
—
ROE
11.0%
12.4%+1.4 pp
—
ROA
3.2%
3.7%+0.4 pp
—
ROCE
4.9%
5.7%+0.9 pp
—
NOPAT
2,285
2,650+16.0%
—
Invested capital (operating)
461
399−13.4%
—
Invested capital (all)
38,667
40,900+5.8%
—
Reinvestment rate
—
−2.3%
—
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
3,153
3,023
4,157
2,728
vs year-ago quarter
Operating income
855
511
1,075
461
Net income
622
315
741
334
vs year-ago quarter
Net margin
19.7%
10.4%
17.8%
12.2%
EPS (diluted, $)
1.24
0.63
1.48
0.67
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
56,913
57,576
57,945
58,813
Cash & equivalents
360
156
428
216
Total debt
23,370
24,074
24,255
24,541
Shareholders’ equity
17,009
16,982
17,303
17,329
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
1,050
721
1,271
550
Capex
728
1,129
693
766
Free cash flow
322
(408)
578
(216)
vs year-ago quarter