PEG Q3 2024 Earnings — Public Service Enterprise Group Incorporated Revenue & Financial Results | Market Cap Arena

PEGPublic Service Enterprise Group Incorporated

$42B

Q3 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.6B+7.6% YoY

Gross Profit

$935M35.4% margin

Operating Income

$641M24.3% margin

Net Income

$520M19.7% margin

EPS (Diluted)

$1.04

QoQ Revenue Growth

+9.0%

Cash Flow

Operating Cash Flow

$623M

Free Cash Flow

-$145M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$54.1B

Total Liabilities

$38.0B

Stockholders' Equity

$16.1B

Cash & Equivalents

$203M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.5B	+7.6%
Gross Profit	$935M	$833M	+12.2%
Operating Income	$641M	$551M	+16.3%
Net Income	$520M	$139M	+274.1%

Revenue Segments

Public Service Electric and Gas Company

$1.4B61%

Transmission

$441M19%

Other Contract Revenues

$267M12%

Gas Distribution Contracts

$162M7%

Natural Gas

$45M2%