PUBLIC SERVICE ENTERPRISE GROUP INC

PEG 10-Q · Q3 2025

PEG Q3 2025 request

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Income Statement

Income Statement
Metric Q3 2025 Q3 2024 YoY
Revenue 3,226 2,642 +22.1%
Show Business Segments breakouts
PSEG Power & Other · Operating Segments 749 583 +28.5%
Public Service Electric and Gas Company [Member] · Operating Segments 2,535 2,139 +18.5%
Show Legal Entity breakouts
Long Island ServCo [Member] 167 157 +6.4%
Public Service Electric and Gas Company [Member] 2,535 2,139 +18.5%
Show Consolidation Items breakouts
Intersegment Elimination -58 -80 +27.5%
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization 1,133 899 +26.0%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 1,013 839 +20.7%
Utilities Operating Expense Maintenance And Operations 927 808 +14.7%
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Long Island ServCo [Member] 167 157 +6.4%
Public Service Electric and Gas Company [Member] 543 464 +17.0%
Cost Of Goods And Services Sold Depreciation And Amortization 311 294 +5.8%
Show Business Segments breakouts
PSEG Power & Other · Operating Segments 34 40 -15.0%
Public Service Electric and Gas Company [Member] · Operating Segments 277 254 +9.1%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 277 254 +9.1%
Total Costs & Expenses 2,371 2,001 +18.5%
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Public Service Electric and Gas Company [Member] 1,833 1,557 +17.7%
Operating Income 855 641 +33.4%
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Public Service Electric and Gas Company [Member] 702 582 +20.6%
Gain Loss On Investments 62 89 -30.3%
Show Trust Investment Type of Trust [Axis] breakouts
Nuclear Decommissioning Trust (NDT) Fund [Member] 62 88 -29.5%
Other Non-Operating Income (Expense) 39 37 +5.4%
Show Legal Entity breakouts
PSEG Power 39 37 +5.4%
PSEG Power & Other 23 19 +21.1%
Public Service Electric and Gas Company [Member] 16 18 -11.1%
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component 17 18 -5.6%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 17 20 -15.0%
Interest Expense -253 -227 -11.5%
Show Business Segments breakouts
PSEG Power & Other · Operating Segments -92 -77 -19.5%
Public Service Electric and Gas Company [Member] · Operating Segments -162 -151 -7.3%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -162 -151 -7.3%
Show Consolidation Items breakouts
Intersegment Elimination 1 1 0.0%
Income Before Taxes 720 559 +28.8%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 573 469 +22.2%
Income Tax Expense (Benefit) -98 -39 -151.3%
Show Business Segments breakouts
PSEG Power & Other · Operating Segments -40 51 -178.4%
Public Service Electric and Gas Company [Member] · Operating Segments -58 -90 +35.6%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -58 -90 +35.6%
Net Income 622 520 +19.6%
Show Business Segments breakouts
PSEG Power & Other · Operating Segments 107 141 -24.1%
Public Service Electric and Gas Company [Member] · Operating Segments 515 379 +35.9%
Show Equity Components breakouts
Retained Earnings 622 520 +19.6%
Retained Earnings · Public Service Electric and Gas Company [Member] 515 379 +35.9%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 515 379 +35.9%
Wtd Avg Shares (Basic) 499 498 +0.2%
Wtd Avg Shares (Diluted) 501 500 +0.2%
EPS (Basic) 1.25 1.04 +20.2%
EPS (Diluted) 1.24 1.04 +19.2%
Interest Income 7 8 -12.5%
Show Business Segments breakouts
PSEG Power & Other · Operating Segments 5 4 +25.0%
Public Service Electric and Gas Company [Member] · Operating Segments 3 5 -40.0%
Show Consolidation Items breakouts
Intersegment Elimination -1 -1 0.0%
Revenue From Contract With Customer Including Assessed Tax 3,153 2,527 +24.8%
Show Product Lines breakouts
Electric Distribution Contracts [Member] 1,811 1,406 +28.8%
Electric Distribution Contracts [Member] · Public Service Electric and Gas Company [Member] 1,811 1,406 +28.8%
Electric Transmission [Member] 449 441 +1.8%
Electric Transmission [Member] · Public Service Electric and Gas Company [Member] 449 441 +1.8%
Electricity and Related Products [Member] · Intersegment Elimination 1 -31 +103.2%
Electricity and Related Products [Member] · PSEG Power & Other -1 31 -103.2%
Electricity and Related Products [Member] · PSEG Power & Other 379 206 +84.0%
Electricity and Related Products [Member] · Third-Party Sales [Member] 379 206 +84.0%
Gas Distribution [Member] 161 162 -0.6%
Gas Distribution [Member] · Public Service Electric and Gas Company [Member] 161 162 -0.6%
Natural Gas Reserves · Intersegment Elimination -58 -48 -20.8%
Natural Gas Reserves · PSEG Power & Other 58 48 +20.8%
Natural Gas Reserves · PSEG Power & Other 68 45 +51.1%
Natural Gas Reserves · Third-Party Sales [Member] 68 45 +51.1%
Other Revenues from Contracts with Customers [Member] 285 267 +6.7%
Other Revenues from Contracts with Customers [Member] · Intersegment Elimination -1 -1 0.0%
Other Revenues from Contracts with Customers [Member] · PSEG Power & Other 194 181 +7.2%
Other Revenues from Contracts with Customers [Member] · Public Service Electric and Gas Company [Member] 92 87 +5.7%
Show Business Segments breakouts
PSEG Power & Other · Operating Segments 698 511 +36.6%
Public Service Electric and Gas Company [Member] · Operating Segments 2,513 2,096 +19.9%
Show Consolidation Items breakouts
Intersegment Elimination -58 -80 +27.5%

Balance Sheet

Balance Sheet
Metric Q3 2025 Q3 2024 YoY
Current Assets
Cash & Cash Equivalents 334 203 +64.5%
Show Legal Entity breakouts
PSEG Power & Other 61 18 +238.9%
Public Service Electric and Gas Company [Member] 273 185 +47.6%
Accounts Receivable 1,617 1,451 +11.4%
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Public Service Electric and Gas Company [Member] · Nonrelated Party 1,334 1,101 +21.2%
Income Taxes Receivable 402
Unbilled Receivables Current 225 183 +23.0%
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Public Service Electric and Gas Company [Member] 225 183 +23.0%
Fuel 326 271 +20.3%
Inventory Raw Materials And Supplies 882 907 -2.8%
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Public Service Electric and Gas Company [Member] 618 643 -3.9%
Prepaid Expense Current 215 278 -22.7%
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Public Service Electric and Gas Company [Member] 150 139 +7.9%
Derivative Assets Current 15 35 -57.1%
Show Derivative Risk breakouts
Energy Related Derivative · Nondesignated 733 509 +44.0%
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PSEG Power 15 34 -55.9%
Regulatory Assets Current 639
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Public Service Electric and Gas Company [Member] 639
Other Assets Current 24 27 -11.1%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 25 24 +4.2%
Total Current Assets 4,679 3,992 +17.2%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 3,264 2,764 +18.1%
Non-Current Assets
Regulatory Assets Noncurrent 6,457
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Public Service Electric and Gas Company [Member] 6,457
Operating Lease Right-of-Use Assets 149 167 -10.8%
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Public Service Electric and Gas Company [Member] 89 96 -7.3%
Long Term Investments 243 265 -8.3%
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Public Service Electric and Gas Company [Member] 77 95 -18.9%
Decommissioning Fund Investments 2,883 2,799 +3.0%
Accounts Receivable Net Noncurrent 564 641 -12.0%
Assets Held In Trust Noncurrent 164
Show Legal Entity breakouts
PSEG Power & Other · Rabbi Trust [Member] 134
Public Service Electric and Gas Company [Member] 30
Public Service Electric and Gas Company [Member] · Rabbi Trust [Member] 30
Show Trust Investment Type of Trust [Axis] breakouts
Rabbi Trust [Member] 164
Derivative Assets Noncurrent 5 36 -86.1%
Show Derivative Risk breakouts
Energy Related Derivative · Nondesignated 617 507 +21.7%
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PSEG Power 5 35 -85.7%
Other Non-Current Assets 382 370 +3.2%
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Public Service Electric and Gas Company [Member] 221 216 +2.3%
Deferred Costs And Other Assets 10,847 10,487 +3.4%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 6,874 6,473 +6.2%
Total Assets 56,913 54,080 +5.2%
Show Business Segments breakouts
PSEG Power & Other · Operating Segments 8,773 8,550 +2.6%
Public Service Electric and Gas Company [Member] · Operating Segments 48,518 45,784 +6.0%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 48,518 45,784 +6.0%
Show Consolidation Items breakouts
Intersegment Elimination -378 -254 -48.8%
Other Assets
Public Utilities Property Plant And Equipment Plant In Service 53,187 50,615 +5.1%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 47,996 45,546 +5.4%
Public Utilities Property Plant And Equipment Accumulated Depreciation -11,800 -11,014 -7.1%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -9,616 -8,999 -6.9%
Public Utilities Property Plant And Equipment Net 41,387 39,601 +4.5%
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Public Service Electric and Gas Company [Member] 38,380 36,547 +5.0%
Current Liabilities
Current Portion of Long-Term Debt 875 2,400 -63.5%
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Public Service Electric and Gas Company [Member] 875 600 +45.8%
Commercial Paper 829 547 +51.6%
Show Consolidated Entities breakouts
Parent Company · Revolving Credit Facility 429 547 -21.6%
Accounts Payable 1,308 1,121 +16.7%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] · Nonrelated Party 817 712 +14.7%
Public Service Electric and Gas Company [Member] · PSEG Parent 214 51 +319.6%
Public Service Electric and Gas Company [Member] · PSEG Power 28 76 -63.2%
Public Service Electric and Gas Company [Member] · PSEG Services 98 94 +4.3%
Public Service Electric and Gas Company [Member] · Related Party 340 221 +53.8%
Derivative Liabilities Current 23 18 +27.8%
Show Derivative Risk breakouts
Energy Related Derivative · Nondesignated 772 558 +38.4%
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PSEG Power 23 17 +35.3%
Interest Payable Current 252 225 +12.0%
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Public Service Electric and Gas Company [Member] 136 136 0.0%
Taxes Payable Current 106 15 +606.7%
Clean Energy Program Current 186 185 +0.5%
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Public Service Electric and Gas Company [Member] 186 185 +0.5%
Customer Collateral Liabilities 99 93 +6.5%
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Public Service Electric and Gas Company [Member] 99 93 +6.5%
Regulatory Liability Current 605 603 +0.3%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 605 603 +0.3%
Other Liabilities Current 726 651 +11.5%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 279 360 -22.5%
Total Current Liabilities 5,009 5,858 -14.5%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 3,337 2,910 +14.7%
Non-Current Liabilities
Deferred Income Taxes And Other Tax Liabilities Noncurrent 7,724 7,190 +7.4%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 6,819 6,326 +7.8%
Regulatory Liability Noncurrent 2,076 2,309 -10.1%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 2,076 2,309 -10.1%
Operating Lease Liabilities 138 159 -13.2%
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Public Service Electric and Gas Company [Member] 77 85 -9.4%
Asset Retirement Obligations Noncurrent 1,384 1,497 -7.5%
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Public Service Electric and Gas Company [Member] 464 404 +14.9%
Other Postretirement Defined Benefit Plan Liabilities Noncurrent (Q)
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 141 185 -23.8%
Show Consolidated Entities breakouts
Consolidated Entity Excluding Variable Interest Entities VIE 265 321 -17.4%
Variable Interest Entity Primary Beneficiary 530 533 -0.6%
Defined Benefit Pension Plan Liabilities Noncurrent (Q)
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 302 384 -21.4%
Show Consolidated Entities breakouts
Consolidated Entity Excluding Variable Interest Entities VIE 487 595 -18.2%
Variable Interest Entity Primary Beneficiary 17 91 -81.3%
Accrued Environmental Loss Contingencies Noncurrent 229 229 0.0%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 166 162 +2.5%
Derivative Liabilities Noncurrent 6 6 0.0%
Show Derivative Risk breakouts
Energy Related Derivative · Nondesignated 649 444 +46.2%
Interest Rate Swap · Designated As Hedging Instrument 1 3 -66.7%
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PSEG Power 5 3 +66.7%
Liability For Uncertain Tax Positions Noncurrent 149 41 +263.4%
Other Non-Current Liabilities 224 196 +14.3%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 182 156 +16.7%
Liabilities Noncurrent 13,229 13,167 +0.5%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 10,227 10,011 +2.2%
Long-Term Debt 21,666 18,960 +14.3%
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Public Service Electric and Gas Company [Member] 15,115 14,645 +3.2%
Long-Term Debt 22,541 21,360 +5.5%
Show Legal Entity breakouts
PSEG Power 1,237
Public Service Electric and Gas Company [Member] 15,990
Show Consolidated Entities breakouts
Parent Company 5,314 4,865 +9.2%
Other Liabilities
Capitalization Longterm Debt And Equity 38,675 35,055 +10.3%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 34,954 32,863 +6.4%
Stockholders' Equity
Common Stock 5,045 5,036 +0.2%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 892 892 0.0%
Treasury Stock Common Value -1,370 -1,405 +2.5%
Contributed Capital (Q)
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 2,156 2,156 0.0%
Retained Earnings 13,446 12,606 +6.7%
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Public Service Electric and Gas Company [Member] 16,794 15,173 +10.7%
Accumulated Other Comprehensive Income -112
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -3
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 17,009 16,095 +5.7%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -72 -96 +25.0%
Accumulated Gain Loss Net Cash Flow Hedge Parent 22 12 +83.3%
Accumulated Net Unrealized Investment Gain Loss -62 -58 -6.9%
Accumulated Other Comprehensive Income -112 -142 +21.1%
Accumulated Other Comprehensive Income · Public Service Electric and Gas Company [Member] -3 -3 0.0%
Common Stock 5,045 5,036 +0.2%
Common Stock · Public Service Electric and Gas Company [Member] 892 892 0.0%
Contributed Capital [Member] · Public Service Electric and Gas Company [Member] 2,156 2,156 0.0%
Retained Earnings 13,446 12,606 +6.7%
Retained Earnings · Public Service Electric and Gas Company [Member] 16,794 15,173 +10.7%
Treasury Stock Common -1,370 -1,405 +2.5%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 19,839 18,218 +8.9%
Total Liabilities & Equity 56,913 54,080 +5.2%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 48,518 45,784 +6.0%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q3 2025 YTD Q3 2024 YoY
Operating Activities
Amortization Of Nuclear Fuel 154 145 +6.2%
Deferred Income Taxes And Tax Credits 63 283 -77.7%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -60 297 -120.2%
Pension And Other Postretirement Benefit Expense 57 56 +1.8%
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Public Service Electric and Gas Company [Member] 32 31 +3.2%
Realized Unrealized Gain Loss On Derivatives And Commodity Contracts -40 76 -152.6%
Cost Of Removal -117 -137 +14.6%
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Public Service Electric and Gas Company [Member] -117 -137 +14.6%
Energy Efficiency Programs Regulatory Expenditures -504 -393 -28.2%
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Public Service Electric and Gas Company [Member] -504 -393 -28.2%
Amortization Of Energy Efficiency Program Expenditures 122 90 +35.6%
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Public Service Electric and Gas Company [Member] 122 90 +35.6%
Increase Decrease In Regulatory Assets And Liabilities 148 -81 +282.7%
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Public Service Electric and Gas Company [Member] 148 -81 +282.7%
Net Realized Gains Losses And Income Expense From Nuclear Decommissioning Trust Funds -224 -242 +7.4%
Increase Decrease In Accounts And Other Receivables (YTD)
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -62 31 -300.0%
Increase Decrease In Materials And Supplies (YTD)
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 24 -124 +119.4%
Increase Decrease In Income Taxes Receivable -8 -138 +94.2%
Increase Decrease In Prepaid Expense -98 -134 +26.9%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -122 -82 -48.8%
Increase Decrease In Accrued Taxes Payable 96 7 +1271.4%
Increase Decrease In Margin Deposits Outstanding 137 -3 +4666.7%
Change in Accounts Payable (YTD)
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 26 -51 +151.0%
Increase Decrease In Accounts Payable Related Parties (YTD)
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Public Service Electric and Gas Company [Member] -54 -231 +76.6%
Increase Decrease In Other Current Assets And Liabilities Net 27 -99 +127.3%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -95 -86 -10.5%
Pension And Other Postretirement Benefit Contributions -37 -41 +9.8%
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Public Service Electric and Gas Company [Member] -23 -26 +11.5%
Increase Decrease In Other Noncurrent Assets And Liabilities Net 66 17 +288.2%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -12 -46 +73.9%
Net Cash from Operations 2,577 1,766 +45.9%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 1,528 1,119 +36.6%
Investing Activities
Capital Expenditures -2,143 -2,402 +10.8%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -1,893 -2,157 +12.2%
Proceeds From Sale Maturity And Collections Of Investments 1,073 1,256 -14.6%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 4 4 0.0%
Show Trust Investment Type of Trust [Axis] breakouts
Nuclear Decommissioning Trust (NDT) Fund [Member] 1,050 1,231 -14.7%
Rabbi Trust [Member] 23 25 -8.0%
Payments To Acquire Investments -1,061 -1,294 +18.0%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -3 -3 0.0%
Other Investing Activities 71 77 -7.8%
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Public Service Electric and Gas Company [Member] 15 22 -31.8%
Net Cash from Investing -2,060 -2,363 +12.8%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -1,877 -2,134 +12.0%
Financing Activities
Proceeds From Repayments Of Commercial Paper -764 98 -879.6%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -444 -425 -4.5%
Proceeds From Issuance Of Other Long Term Debt 3,600 3,350 +7.5%
Show Debt Instrument breakouts
Medium Term Notes Five Point Five Zero Due Two Thousand Fifty Five [Member] · Public Service Electric and Gas Company [Member] 500
Medium Term Notes Five Point Zero Five Due Two Thousand Thirty Five [Member] · Public Service Electric and Gas Company [Member] 400
Medium Term Notes Four Point Nine Zero Due 2035 [Member] · Public Service Electric and Gas Company [Member] 450
Senior Notes Five Point Four Zero Due Two Thousand Thirty Five [Member] 400
Senior Notes Four Point Nine Zero Due Two Thousand Thirty [Member] 600
Senior Unsecured Notes Due Two Thousand Thirty [Member] · PSEG Power 750
Senior Unsecured Notes Due Two Thousand Thirty Five [Member] · PSEG Power 500
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 1,350 2,100 -35.7%
Repayments Of Long Term Debt -2,150 -1,250 -72.0%
Show Debt Instrument breakouts
June Two Thousand Twenty Five Term Loan [Member] · PSEG Power -1.25
Medium Term Notes Three Point Zero Zero Percent due Two Thousand Twenty Five [Member] · Public Service Electric and Gas Company [Member] -350
Senior Notes Zero Point Eight Zero Due 2025 [Member] -550
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -350 -500 +30.0%
Payments Of Dividends Common Stock -943 -897 -5.1%
Proceeds From Payments For Other Financing Activities -54 -75 +28.0%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] -16 -25 +36.0%
Net Cash from Financing -311 726 -142.8%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 540 1,150 -53.0%
Supplemental
Income Taxes Paid 5 27 -81.5%
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Public Service Electric and Gas Company [Member] -7 39 -117.9%
Interest Paid 691 565 +22.3%
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Public Service Electric and Gas Company [Member] 505 413 +22.3%
Unpaid Capital Expenditures 563 508 +10.8%
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Public Service Electric and Gas Company [Member] 373 378 -1.3%
Other Cash Flow
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect 206 129 +59.7%
Show Legal Entity breakouts
Public Service Electric and Gas Company [Member] 191 135 +41.5%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 360 228 +57.9%
Show Legal Entity breakouts
PSEG Power & Other 61 18 +238.9%
Public Service Electric and Gas Company [Member] 299 210 +42.4%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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