Public Service Enterprise (PEG) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Public Service Enterprise

NYSE•Utilities•Utilities - Regulated Electric

$70.98+0.59(0.01%)Pre-market

Market Cap

$35.35B

P/E

17.6x

P/S

2.7x

P/B

2.0x

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility, and nuclear generation businesses in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. The PSEG Power segment engages in nuclear generation businesses; and supplies power and natural gas to nuclear power plants. As of December 31, 2025, it had electric transmission and distribution system of 25,000 circuit miles and 871,000 poles; 58 switching stations with an installed capacity of 40,000 megavolt-amperes (MVA), and 238 substations with an installed capacity of 10,890 MVA; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and two meter shop, as well as 54 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity. The company was founded in 1903 and is based in Newark, New Jersey.

How this company scores

AverageMetricSide Score: 58/100

Strongest: Growth (21/25); weakest: Cash & Earnings Quality (10/25).

Profitability15/25

Growth21/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality10/25

Strengths

Growing revenueStrong marginsConsistent growthNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 17.6x5y range 10.1x – 41.1x

Currently near its 16-quarter median.

P/S · 2.7x5y range 2.6x – 4.6x

Currently near its 20-quarter median.

P/B · 2.0x5y range 1.9x – 2.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Watch

Operating margins declined 12.2% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Red Flag

Free cash flow has been negative in 5 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $35.35B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $13.06B
Q. Revenue: $2.73B
TTM EBITDA: $2.90B
TTM Op. Income: $2.90B
Q. Op. Income: $461.00M
TTM Net Income: $2.01B
Q. Net Income: $334.00M
EPS: $0.67
Shares Out.: $498.00M

$13.06B in TTM revenue grew 19.4% YoY, reaching $2.73B last quarter. TTM EBITDA of $2.90B and TTM operating income of $2.90B show growth is flowing through to the bottom line. TTM net income of $2.01B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 16.9%
Op. Margin: 16.9%
Net Margin: 12.2%

Op. margin of 16.9% is down 15.0% YoY — costs are rising relative to revenue. Net margin at 12.2% Over the past year, operating margin is down 47% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 17.6x
P/S Ratio: 2.7x
P/B Ratio: 2.0x

At 17.6x P/E, the stock trades within typical market levels. P/S of 2.7x and P/B of 2.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 6 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $58.81B
Cash: $192.00M
Long-Term Debt: $22.74B
Book Value: $17.33B
D/E Ratio: 1.3
Debt/EBITDA: 49.3

With $58.81B in assets and $22.74B in long-term debt, D/E is 1.3and book value is $17.33B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 3 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $550.00M
TTM Free Cash Flow: $276.00M
FCF Margin: 2.1%
FCF / Net Income: 0.1

TTM FCF of $276.00M on $550.00M in operating cash flow. The FCF / Net Income ratio of 0.1x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has risen for 6 consecutive quarters — an improving trend.