Company Analysis

Public Service Enterprise Group Incorporated (PEG)

NYSE: PEG · Electric & Other Services Combined · Newark, NJ · filing with the SEC since 1994
Grade7.1
◀ Past 7.5● Present 7.5▶ Future 6.4

The grade of Public Service Enterprise Group Incorporated

Nine metrics read from its own filings, by tense
Headline grade
7.1/10
◀ Past7.525% of the headline
● Present7.545% of the headline
▶ Future6.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.5/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.5/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 75th percentile among 18 sector filers · read for itself

From the record

Public Service Enterprise Group Incorporated's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.9/10

What has it actually done, year after year?

+3.5% a year over 10 filed years; profitable in 9 of 10.

weight 22% of this tense · 49th percentile among 17 sector filers · read for its customers

From the record

Public Service Enterprise Group Incorporated's 10 filed years say what it did: revenue went from $9.0 billion in fiscal 2016 to $12 billion in fiscal 2025, up 3.5% a year; it rose in 7 of 9 years; the deepest fall was 8% from fiscal 2023 to fiscal 2024; net income was positive in 9 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span3.5%bottom 38% of its family
  • the share of years revenue rosetop 12% of its family
  • the share of filed years with a profitbottom 21% of its family
  • the deepest fall from a revenue peak8.4%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
9.1/10

How has it treated the people who own it?

Share count steady. 39% of cash flow returned. Insiders: 14 sales, 0 purchases.

weight 33% of this tense · 91st percentile among 16 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Public Service Enterprise Group Incorporated's diluted share count held steady, and dividends and buybacks returned about 39% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 14 sales (10 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-03 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 3% of its family
  • cash returned against operating cash flowtop 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.5/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
8.4/10

Is it financially healthy right now?

ROE 12%: 12¢ of profit per shareholder dollar. Leverage 71%: owes 71¢ per asset dollar.

weight 45% of this tense · 84th percentile among 18 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Public Service Enterprise Group Incorporated earned about 12 cents of profit for every dollar of shareholders' money. Leverage: it owed about 71 cents per dollar of assets, and net share issuance: its share count grew 0.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 36% of its family
  • return on equitytop 3% of its family
  • the share count against the year beforetop 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.4/10

How strong is its position in its industry?

top 16% of 18 in its family; net margin 17.3%.

weight 33% of this tense · 84th percentile among 18 sector filers · read for its customers

From the record

Public Service Enterprise Group Incorporated's standing among 18 graded names in its industry family: revenue of $12 billion in fiscal 2025 ranks in the top 25% by size; a net margin of 17.3% ranks in the top 8%; revenue growth of 7.5% a year over the last 3 filed years ranks in the top 15% (its annual reports).

What it rests on

  • revenue against the family$12.17Btop 25% of its family
  • net margin17.3%top 8% of its family
  • three-year revenue growth7.5%top 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.1/10

What are the people in charge doing?

bottom 41% of 16 in its family for leadership; chief executive since 2022.

weight 22% of this tense · 41st percentile among 16 sector filers · read for its shareholders

From the record

Public Service Enterprise Group Incorporated's leadership, from its insiders' filings and its current reports: the chief executive on the record is Larossa, Ralph A (Chair, President and CEO, as filed), filing under that title since 2022-09-02, 4.2 years (top 47% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 5 years (bottom 32%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (bottom 38%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 18 peoplebottom 38% of its family
  • the median years the people in charge have filed5.0 yearsbottom 32% of its family
  • the chief executive's years on the record4.2 yearstop 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.3/10

How much room does it have to grow?

top 37% of 17 in its family for room to expand.

weight 22% of this tense · 63rd percentile among 17 sector filers · read for itself

From the record

Public Service Enterprise Group Incorporated's room to grow, from the newest filed statements (fiscal 2025): cash of $132 million against debt of $22 billion leaves -37.4% of its assets as net cash, top 42% of its family; cash from operations less capital spending is 0.2% of revenue (top 32%) (its annual report).

What it rests on

  • cash less debt against assets-37.4%top 42% of its family
  • cash from operations less capital spending against revenue0.2%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.0/10

What could actually drive growth from here?

top 30% of 17 in its family for growth drivers.

weight 45% of this tense · 70th percentile among 17 sector filers · read for its customers

From the record

Public Service Enterprise Group Incorporated's growth drivers, from the filed years to fiscal 2025: revenue grew 7.5% a year over the last three filed years against 3.5% over all 10, speeding up (top 9% of its family); the newest year grew 18.3% (top 15%); capital spending grew 4.2% a year (bottom 32%) (its annual reports). Public Service Enterprise Group Incorporated reported 2 lines of business in fiscal 2025: Public Service Electric and Gas Company at $9.6 billion, PSEG Power Other at $3.7 billion. 2 of 2 grew in the latest filed year, and the largest line is 72% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span+4.0 points a yeartop 9% of its family
  • the newest year's revenue growth18.3%top 15% of its family
  • three-year growth of capital spending4.2%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.6/10

Did its newest year beat what its own record pointed to?

top 44% of 17 in its family for expectations against reality.

weight 33% of this tense · 56th percentile among 17 sector filers · read for its shareholders

From the record

Public Service Enterprise Group Incorporated's newest year against its own record: revenue of $12 billion in fiscal 2025 came in 15.4% above the $11 billion its prior three years' pace pointed to (top 38% of its family); net income of $2.1 billion against a prior three-year average of $1.8 billion (top 38%); a net margin of 17.3% against 16.8% before (bottom 44%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace15.4%top 38% of its family
  • net income against the prior three years' average+18%top 38% of its family
  • net margin against its prior average+0.5 pointsbottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton PEG · research, not advice