PEGNYSEElectric & Other Services CombinedFiscal year ends December 31
PUBLIC SERVICE ENTERPRISE GROUP INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$70.32−1.17 (-1.64%)
Close on Oct 19, 2026
- Market cap
- $35.09B
- P/E (TTM)
- 17.5
- Dividend yield
- 3.58%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
65.8%−2.4 pts over 5 years
Operating margin
24.5%+0.9 pts over 5 years
Net margin
17.3%−2.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +18.3% | +7.5% | +4.8% | +1.6% | |
| Gross profit | +16.1% | +11.5% | +4.1% | – | |
| Operating income | +26.6% | +29.2% | +5.6% | +0.1% | |
| Net income | +19.1% | +27.0% | +2.1% | +2.3% | |
| EPS, diluted | +19.2% | +27.0% | +2.3% | +2.5% | |
| Free cash flow | – | – | -32.0% | -7.4% | |
| Dividend per share | +5.0% | +5.3% | +5.2% | +4.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | 2.3% | 3.9% | 3.8% | |
| Current ratio | 0.99 | 0.66 | 0.80 | |
| Net debt to EBITDA | 3.69× | – | – | |
| Interest coverage | 4.2× | 3.8× | 3.0× | |
| Capex to revenue | 46.8% | 30.4% | 26.9% | |
| Diluted shares | 508M | 507M | 501M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Public Service Enterprise generated $12.48B from operations and spent $21.79B on capital expenditure, dividends and share buybacks. 72% of that went back into the business.
Generated
$12.48B
Used
$21.79B
Capital expenditure$15.58B72%Dividends$5.70B26%Share buybacks$500.00M2%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin9.9%
×Asset turnover0.23×
×Equity multiplier2.96×
=Return on equity, FY20166.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2016 | 9.9% | 0.23× | 2.96× | 6.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$2.11B
- Cash generatingOperating cash flow above zero$3.30B
- Return on assets improvedROA up on the prior year3.5% → 3.9%
- Earnings backed by cashOperating cash flow above net income$3.30B vs $2.11B
- Less leverageLong-term debt to assets fell34.7% → 37.6%
- Better liquidityCurrent ratio rose0.65 → 0.80
- No dilutionShare count did not rise500M → 501M
- Gross margin improvedGross margin up on the prior year67.03% → 65.82%
- More efficientAsset turnover rose0.20 → 0.22