PEG Q2 2023 Earnings — Public Service Enterprise Group Incorporated Revenue & Financial Results | Market Cap Arena

PEGPublic Service Enterprise Group Incorporated

$42B

Q2 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.4B+16.6% YoY

Gross Profit

$1.1B44.3% margin

Operating Income

$794M32.8% margin

Net Income

$591M24.4% margin

EPS (Diluted)

$1.18

QoQ Revenue Growth

-35.5%

Cash Flow

Operating Cash Flow

$572M

Free Cash Flow

-$133M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$49.5B

Total Liabilities

$34.5B

Stockholders' Equity

$15.1B

Cash & Equivalents

$547M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.1B	+16.6%
Gross Profit	$1.1B	$560M	+91.6%
Operating Income	$794M	$296M	+168.2%
Net Income	$591M	$131M	+351.1%

Revenue Segments

Public Service Electric and Gas Company

$784M44%

Transmission

$447M25%

Gas Distribution Contracts

$274M15%

Other Contract Revenues

$246M14%

Natural Gas

$26M1%