PEG Q1 2024 Earnings — Public Service Enterprise Group Incorporated Revenue & Financial Results | Market Cap Arena

PEGPublic Service Enterprise Group Incorporated

$42B

Q1 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.8B-26.5% YoY

Gross Profit

$980M35.5% margin

Operating Income

$685M24.8% margin

Net Income

$532M19.3% margin

EPS (Diluted)

$1.06

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$661M

Free Cash Flow

-$136M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$52.4B

Total Liabilities

$36.7B

Stockholders' Equity

$15.7B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$3.8B	-26.5%
Gross Profit	$980M	$1.9B	-49.2%
Operating Income	$685M	$1.6B	-58.4%
Net Income	$532M	$1.3B	-58.7%

Revenue Segments

Gas Distribution Contracts

$922M37%

Public Service Electric and Gas Company

$781M32%

Transmission

$436M18%

Other Contract Revenues

$257M10%

Natural Gas

$76M3%