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PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)

As-reported financials and recent SEC filings for PUBLIC SERVICE ENTERPRISE GROUP INC, latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About PUBLIC SERVICE ENTERPRISE GROUP INC

Public Service Enterprise Group Inc (PSEG) is a public utility holding company based in New Jersey that operates primarily through its subsidiaries PSE&G and PSEG Power. PSE&G is a regulated utility providing electric transmission, and electric and natural gas distribution services to residential, commercial, and industrial customers in New Jersey, serving about 6.8 million people. PSEG Power operates nuclear generation units and sells wholesale natural gas, supporting energy supply primarily within the region.

Snapshot

Revenue
$12.12B
Revenue growth (YoY)
22.8%
Net income
$2.11B
Diluted EPS
$4.22
Gross margin
Operating margin
24.6%
Net margin
17.4%
FCF margin
0.2%
ROE
12.4%
P/E (TTM)
17.5×
Market cap
$39.47B
Debt / equity
1.3×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Public Service Enterprise Group

  • Revenue grew 22.8% to $12.1B in FY2025, faster than the 6.7% the year before.
  • Operating margin turned positive at 24.6% in FY2025, from a 8.8% operating loss in FY2021.
  • Most recent quarter Q1 FY2026: revenue $3.8B, up 19.4% from Q1 FY2025.
  • Free cash flow was $26M in FY2025, 0.2% of revenue.
  • Net income rose 19.1% to $2.1B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Public Service Enterprise Group’s fundamentals sit among the 98 Utilities companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin24.6%
67th percentile of 86
Net margin17.4%
76th percentile of 91
FCF margin0.2%
57th percentile of 76
Revenue growth (YoY)+22.8%
87th percentile of 94
ROE12.4%
82nd percentile of 89
P/E (TTM)17.5×
18th percentile of 83
Debt / equity1.28×
53rd percentile of 84
Short interest3.55d
27th percentile of 98

Public Service Enterprise Group’s revenue growth of +22.8% ranks in the 87th percentile of the 94 Utilities companies reporting it.

No open-market insider buys in the last 90 days; 4 insider sales totaling $746,146. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
2
+5 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
5
5 trimmed, 0 exited
Combined position
$264.4M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ1 2026$81.5M1.0MReduced
Millennium ManagementquantQ1 2026$65.1M804.8KAdded
D. E. ShawquantQ1 2026$57.2M706.0KReduced
AQR Capital ManagementquantQ1 2026$43.7M544.3KAdded
Gotham Asset ManagementQ1 2026$11.4M140.8KReduced
Bridgewater AssociatesQ1 2026$4.6M57.3KReduced
Renaissance TechnologiesquantQ1 2026$769,0259.5KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
4
$746K
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-01
filed 2026-07-02
LaRossa Ralph AChair, President and CEOSell2.1K$80.51$168K
2026-06-24
filed 2026-06-26
Hanemann Kim CPresident and COO - PSE&GSell3.0K$82.00$249K
2026-06-01
filed 2026-06-02
LaRossa Ralph AChair, President and CEOSell2.1K$77.01$160K
2026-05-01
filed 2026-05-05
LaRossa Ralph AChair, President and CEOSell2.1K$81.21$169K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
11.0M
settled 2026-07-15
Change vs prior
+0.8%
vs previous settlement
Days to cover
3.55
at avg daily volume
Avg daily volume
3.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1511.0M+0.8%3.55
2026-06-3010.9M+12.3%3.33
2026-06-159.7M-3.7%3.72
2026-05-2910.1M-6.9%3.54
2026-05-1510.8M+13.9%3.06
2026-04-309.5M-7.9%4.13
2026-04-1510.3M+0.4%4.67
2026-03-3110.3M+0.6%3.25

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$12.12B$9.87B$9.25B$9.80B$9.72B
Gross profit
Operating income$2.98B$2.35B$3.69B$1.38B$-856.0M
Net income$2.11B$1.77B$2.56B$1.03B$-648.0M
Diluted EPS$4.22$3.54$5.13$2.06$-1.29

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$132.0M$125.0M$54.0M$465.0M$818.0M
Current assets$4.60B$4.24B$3.37B$4.30B$6.25B
Total assets$57.58B$54.64B$50.74B$48.72B$49.00B
Current liabilities$5.74B$6.50B$5.06B$6.68B$7.07B
Long-term debt$21.67B$18.96B$17.78B$16.50B$15.22B
Total liabilities$40.59B$38.53B$35.26B$34.99B$34.56B
Total equity$16.98B$16.11B$15.48B$13.73B$14.44B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$3.30B$2.13B$3.81B$1.50B$1.74B
Capital expenditure$3.27B$3.38B$3.33B$2.89B$2.72B
Free cash flow$26.0M$-1.25B$481.0M$-1.39B$-983.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$3.85B19.4%$741.0M$1.48
Q4 FY2025$2.87B40.1%$315.0M$0.63
Q3 FY2025$3.23B22.1%$622.0M$1.24
Q2 FY2025$2.81B15.8%$585.0M$1.17
Q1 FY2025$3.22B16.7%$589.0M$1.18
Q4 FY2024$2.05B229.4%$286.0M$0.57
Q3 FY2024$2.64B7.6%$520.0M$1.04
Q2 FY2024$2.42B0.1%$434.0M$0.87

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorUtilities
SIC industryElectric & Other Services Combined
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2016
SEC CIK788784

Recent SEC filings

10-K2026-02-26
View on EDGAR →
10-K2025-02-25
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
10-Q2025-11-03
View on EDGAR →
10-Q2025-08-05
View on EDGAR →
10-Q2025-04-30
View on EDGAR →
8-K2026-07-01
View on EDGAR →
8-K2026-06-03
View on EDGAR →

Largest Utilities peers

All Utilities companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.