PEG Q2 2024 Earnings — Public Service Enterprise Group Incorporated Revenue & Financial Results | Market Cap Arena

PEGPublic Service Enterprise Group Incorporated

$42B

Q2 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.4B+0.1% YoY

Gross Profit

$867M35.8% margin

Operating Income

$582M24.0% margin

Net Income

$434M17.9% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

-12.2%

Cash Flow

Operating Cash Flow

$482M

Free Cash Flow

-$355M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$52.4B

Total Liabilities

$36.6B

Stockholders' Equity

$15.8B

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.4B	+0.1%
Gross Profit	$867M	$1.1B	-19.2%
Operating Income	$582M	$794M	-26.7%
Net Income	$434M	$591M	-26.6%

Revenue Segments

Public Service Electric and Gas Company

$983M49%

Transmission

$436M22%

Gas Distribution Contracts

$301M15%

Other Contract Revenues

$259M13%

Natural Gas

$34M2%