For the year ending 2025-12-31, PEG made $12,168M in revenue. $2,111M in net income. Net profit margin of 17.35%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Operating revenues | 12,168 | 10,290 | 11,237 | 9,800 |
| Energy costs | 4,159 | 3,393 | 3,260 | 4,018 |
| Operation and maintenance | 3,772 | 3,356 | 3,150 | 3,178 |
| Depreciation and amortization | 1,257 | 1,182 | 1,135 | 1,100 |
| Losses on asset dispositions and impairments | - | -6 | -7 | -123 |
| Total operating expenses | 9,188 | 7,937 | 7,552 | 8,419 |
| Operating income | 2,980 | 2,353 | 3,685 | 1,381 |
| Income from equity method investments | - | 1 | 1 | 14 |
| Net gains (losses) on trust investments | 189 | 127 | 189 | -265 |
| Public Service Electricand Gas Company | 0 | 0 | - | - |
| PSEGPower Other | 90 | 81 | - | - |
| Public Service Electricand Gas Company | - | - | 0 | 0 |
| Ndt fund interest and dividends-PSEGPower LLC | 90 | 81 | - | - |
| PSEGPower Other | - | - | 68 | 62 |
| Investment income, interest and dividend | - | - | 68 | 62 |
| Public Service Electricand Gas Company | - | - | 60 | 65 |
| PSEGPower Other | - | - | 0 | 0 |
| Allowance for funds used during construction | - | - | 60 | 65 |
| Public Service Electricand Gas Company | - | - | 7 | 10 |
| PSEGPower Other | - | - | 0 | 0 |
| Solar loan interest | - | - | 7 | 10 |
| Public Service Electricand Gas Company | - | - | - | 0 |
| PSEGPower Other | - | - | - | 1 |
| Public Service Electricand Gas Company | 44 | - | - | - |
| Donations | - | - | - | 1 |
| PSEGPower Other | 0 | - | - | - |
| Public Service Electricand Gas Company | - | - | - | 0 |
| Allowance for funds used during construction-PSEGPower LLC | 44 | 41 | - | - |
| PSEGPower Other | - | - | - | 27 |
| Solar loan interest-Public Service Electricand Gas Company | 3 | 5 | - | - |
| Purchase of tax losses | - | - | - | 27 |
| Interest income, other | - | - | 46 | - |
| PSEGPower Other | - | 0 | - | - |
| Solar loan interest | - | 5 | - | - |
| Public Service Electricand Gas Company | - | 9 | - | - |
| PSEGPower Other | - | 18 | - | - |
| Other interest-PSEGPower LLC | 29 | 27 | - | - |
| Public Service Electricand Gas Company | 0 | - | - | - |
| PSEGPower Other | 16 | - | - | - |
| Donations-PSEGPower LLC | 16 | - | - | - |
| Public Service Electricand Gas Company | 4 | 9 | - | - |
| PSEGPower Other | -9 | -10 | - | - |
| Other | - | - | -8 | 15 |
| Other-PSEGPower LLC | -5 | -1 | - | - |
| Net other income (deductions) | 145 | 153 | 172 | 124 |
| Net non-operating pension and other postretirement benefit (opeb) (costs) credits | -65 | -73 | 218 | -376 |
| Loss on extinguishment of debt | - | - | 0 | 0 |
| Interest expense | 1,005 | 882 | 748 | 628 |
| Income before income taxes | 2,374 | 1,825 | 3,081 | 1,002 |
| Income tax expense | 263 | 53 | 518 | -29 |
| Net income | 2,111 | 1,772 | 2,563 | 1,031 |
| Basic EPS | 4.23 | 3.56 | 5.15 | 2.07 |
| Diluted EPS | 4.22 | 3.54 | 5.13 | 2.06 |
| Basic Average Shares | 499,000,000 | 498,000,000 | 498,000,000 | 498,000,000 |
| Diluted Average Shares | 501,000,000 | 500,000,000 | 500,000,000 | 501,000,000 |
PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)
PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)