OverviewSuggest Edit

Public Service Enterprise Group (PSEG) is a diversified energy company that operates through PSEG Power and Public Service Electric & Gas (PSE&G) subsidiaries. The company transmits electricity, distributes electricity and natural gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and implements energy efficiency. It also offers appliance services and repairs to customers.

TypePublic
Founded1903
HQNewark, NJ, US
Websitepseg.com
Employee Ratings3.9
Overall CultureC+

Locations

Public Service Enterprise Group is headquartered in
Newark, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)12,992(-1%)
Job Openings1
Revenue (FY, 2019)$10.1 B(+4%)
Share Price (Feb 2021)$55.9
Cybersecurity ratingAMore

Key People/Management at Public Service Enterprise Group

Ralph Izzo

Ralph Izzo

Chairman of the Board, President and Chief Executive Officer
Ralph A. LaRossa

Ralph A. LaRossa

Chief Operating Officer, PSEG and President and Chief Operating Officer, PSEG Power
Antonio Fernández

Antonio Fernández

Chief Compliance Officer
John A. Bridges

John A. Bridges

Vice President, Electric Operations
Brian J. Clark

Brian J. Clark

Senior Vice President – Fossil Operations
Brad Huntington

Brad Huntington

Vice President and Treasurer
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Public Service Enterprise Group Office Locations

Public Service Enterprise Group has offices in Newark, Brandywine, Bridgeport, Burlington and in 7 other locations
Newark, NJ, US (HQ)
80 Park Pl
Brandywine, MD, US
10322 N Keys Rd
Bridgeport, CT, US
1 Atlantic St
Burlington, NJ, US
501 High St
Glenmont, NY, US
380 River Rd
New Haven, CT, US
1 Waterfront St
Show all (12)

Public Service Enterprise Group Financials and Metrics

Public Service Enterprise Group Revenue

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Public Service Enterprise Group's revenue was reported to be $10.08 b in FY, 2019 which is a 3.9% increase from the previous period.
USD

Revenue (Q3, 2020)

2.4b

Gross profit (Q3, 2020)

1.6b

Gross profit margin (Q3, 2020), %

67.3%

Net income (Q3, 2020)

575.0m

EBIT (Q3, 2020)

633.0m

Market capitalization (25-Feb-2021)

28.3b

Closing stock price (25-Feb-2021)

55.9

Cash (30-Sept-2020)

966.0m

EV

44.9b
Public Service Enterprise Group's current market capitalization is $28.3 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

9.1b9.7b10.1b

Revenue growth, %

7%4%

Cost of goods sold

2.8b3.2b3.4b

Gross profit

6.3b6.5b6.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.8b2.0b2.4b3.0b2.3b2.3b2.8b2.1b2.4b

Cost of goods sold

952.0m600.0m804.0m1.1b704.0m753.0m906.0m595.0m775.0m

Gross profit

1.9b1.4b1.6b1.9b1.6b1.5b1.9b1.5b1.6b

Gross profit Margin, %

66%70%66%62%70%67%67%71%67%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

313.0m177.0m147.0m

Accounts Receivable

1.3b1.4b1.3b

Prepaid Expenses

118.0m94.0m79.0m

Inventories

577.0m571.0m587.0m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

1.6b1.4b1.7b

Depreciation and Amortization

2.3b1.4b1.5b

Cash From Operating Activities

3.3b2.9b3.4b

Purchases of PP&E

(4.2b)(3.9b)(3.2b)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

558.0m827.0m1.2b700.0m853.0m1.3b448.0m899.0m1.5b

Depreciation and Amortization

354.0m701.0m1.1b385.0m756.0m1.1b404.0m797.0m1.2b

Cash From Operating Activities

1.1b1.6b2.5b1.2b1.8b2.7b1.2b1.7b2.5b

Purchases of PP&E

(1.1b)(2.0b)(3.0b)(795.0m)(1.6b)(2.4b)(720.0m)(1.4b)(2.1b)
USDFY, 2017

Revenue/Employee

701.7k

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.1 x
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Public Service Enterprise Group Operating Metrics

FY, 2017FY, 2018FY, 2019

Area Covered, sq. m.

2.60 k2.60 k2.60 k

Customers (Electric)

2.20 m2.30 m2.30 m

Customers (Gas)

1.80 m1.80 m1.90 m

Electricity Sold, GWh

40.74 k41.89 k40.86 k
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Public Service Enterprise Group Acquisitions / Subsidiaries

Company NameDateDeal Size
PSEG Energy Resources & Trade LLC
PSEG Fossil LLC
PSEG Nuclear LLC
PSEG Power LLC
Public Service Electric and Gas Company

Public Service Enterprise Group Revenue Breakdown

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Public Service Enterprise Group revenue breakdown by business segment: 8.8% from Other Revenues from Contracts with Customers, 20.5% from Electricity and Related Product Sales, 11.7% from Transmission, 18.4% from Gas Distribution, 32.0% from Electric Distribution, 7.6% from Unrelated to Contracts with Customers and 0.9% from Other

Human Capital Metrics

Source: craft.co
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Public Service Enterprise Group Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

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Public Service Enterprise Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

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Public Service Enterprise Group Online and Social Media Presence

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Public Service Enterprise Group Company Culture

  • Overall Culture

    C+

    75/100

  • CEO Rating

    A+

    95/100

  • Compensation

    C

    67/100

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Public Service Enterprise Group Frequently Asked Questions

  • When was Public Service Enterprise Group founded?

    Public Service Enterprise Group was founded in 1903.

  • Who are Public Service Enterprise Group key executives?

    Public Service Enterprise Group's key executives are Ralph Izzo, Ralph A. LaRossa and Antonio Fernández.

  • How many employees does Public Service Enterprise Group have?

    Public Service Enterprise Group has 12,992 employees.

  • What is Public Service Enterprise Group revenue?

    Latest Public Service Enterprise Group annual revenue is $10.1 b.

  • What is Public Service Enterprise Group revenue per employee?

    Latest Public Service Enterprise Group revenue per employee is $775.6 k.

  • Who are Public Service Enterprise Group competitors?

    Competitors of Public Service Enterprise Group include CPS Energy, EDF Energy and Duke Energy.

  • Where is Public Service Enterprise Group headquarters?

    Public Service Enterprise Group headquarters is located at 80 Park Pl, Newark.

  • Where are Public Service Enterprise Group offices?

    Public Service Enterprise Group has offices in Newark, Brandywine, Bridgeport, Burlington and in 7 other locations.

  • How many offices does Public Service Enterprise Group have?

    Public Service Enterprise Group has 12 offices.