PEG Q1 2023 Earnings — Public Service Enterprise Group Incorporated Revenue & Financial Results | Market Cap Arena

PEGPublic Service Enterprise Group Incorporated

$42B

Q1 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.8B+62.3% YoY

Gross Profit

$1.9B51.4% margin

Operating Income

$1.6B43.9% margin

Net Income

$1.3B34.3% margin

EPS (Diluted)

$2.57

QoQ Revenue Growth

+19.6%

Cash Flow

Operating Cash Flow

$1.8B

Free Cash Flow

$1.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$49.4B

Total Liabilities

$34.7B

Stockholders' Equity

$14.7B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$2.3B	+62.3%
Gross Profit	$1.9B	$274M	+604.4%
Operating Income	$1.6B	-$52M	+3269.2%
Net Income	$1.3B	-$2M	+64450.0%

Revenue Segments

Gas Distribution Contracts

$958M39%

Public Service Electric and Gas Company

$730M30%

Transmission

$425M17%

Other Contract Revenues

$231M10%

Natural Gas

$86M4%