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 CultureA+

Latest Updates

Employees (est.) (Dec 2019)12,992(-1%)
Job Openings169
Revenue (FY, 2020)$9.6 B(-4%)
Share Price (Nov 2021)$62.2
Cybersecurity ratingBMore
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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
John A. Bridges

John A. Bridges

Vice President, Electric Operations
Deborah T. Affonsa

Deborah T. Affonsa

Vice President, Chief Customer Officer
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
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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 $9.6 b in FY, 2020 which is a 4.7% decrease from the previous period.
USD

Revenue (Q1, 2021)

2.9b

Gross profit (Q1, 2021)

1.9b

Gross profit margin (Q1, 2021), %

64.4%

Net income (Q1, 2021)

648.0m

EBIT (Q1, 2021)

741.0m

Market capitalization (12-Nov-2021)

31.4b

Closing stock price (12-Nov-2021)

62.2

Cash (31-Mar-2021)

803.0m

EV

47.8b
Public Service Enterprise Group's current market capitalization is $31.4 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

9.7b10.1b9.6b

Revenue growth, %

7%4%(5%)

Cost of goods sold

3.2b3.4b3.1b

Gross profit

6.5b6.7b6.5b
Quarterly
USDQ1, 2021

Revenue

2.9b

Cost of goods sold

1.0b

Gross profit

1.9b

Gross profit Margin, %

64%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

177.0m147.0m543.0m

Accounts Receivable

1.4b1.3b1.4b

Prepaid Expenses

94.0m79.0m51.0m

Inventories

571.0m587.0m601.0m
Quarterly
USDQ1, 2021

Cash

803.0m

Accounts Receivable

1.5b

Prepaid Expenses

76.0m

Inventories

609.0m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

1.4b1.7b1.9b

Depreciation and Amortization

1.4b1.5b1.6b

Cash From Operating Activities

2.9b3.4b3.1b

Purchases of PP&E

(3.9b)(3.2b)(2.9b)
Quarterly
USDQ1, 2021

Net Income

648.0m

Depreciation and Amortization

43.0m

Cash From Operating Activities

1.0b

Purchases of PP&E

(633.0m)
USDFY, 2018

EV/EBIT

18.2 x

EV/CFO

14.3 x

Revenue/Employee

737.6k

Debt/Equity

1.1 x

Debt/Assets

0.3 x

Financial Leverage

3.2 x

P/E Ratio

18.4
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Public Service Enterprise Group Operating Metrics

FY, 2017FY, 2018FY, 2019

Area Covered, sq. m.

2.6 k2.6 k2.6 k

Customers (Electric)

2.2 m2.3 m2.3 m

Customers (Gas)

1.8 m1.8 m1.9 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: 10.1% from Other Revenues from Contracts with Customers, 5.2% from Unrelated to Contracts with Customers, 32.6% from Electric Distribution, 17.0% from Gas Distribution, 15.5% from Transmission, 18.8% from Electricity and Related Product Sales and 0.9% from Other

Human Capital Metrics

Source: craft.co
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Public Service Enterprise Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

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

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Public Service Enterprise Group Online and Social Media Presence

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Public Service Enterprise Group Company Culture

  • Overall Culture

    A+

    78/100

  • CEO Rating

    B

    71/100

  • Compensation

    A+

    85/100

  • Diversity

    A+

    83/100

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Public Service Enterprise Group News and Updates

PSEG Long Island Recognized by Arbor Day Foundation

Arbor Day, April 30, is when the nation celebrates the importance of trees to the health and beauty of our communities. As the day approaches, PSEG Long Island is proud to announce it has been recognized by the Arbor Day Foundation for employing tree-friendly practices when trimming branches around …

PSEG Nuclear’s Hope Creek Generating Station Commenced Planned Refueling and Maintenance Outage

This week, PSEG Nuclear’s Hope Creek Generating Station marked another uninterrupted 18-month production cycle and entered a planned refueling and maintenance outage after operators safely removed the unit from the regional power grid

Students from East Meadow, Hauppauge, Lynbrook, Mineola, Oyster Bay-East Norwich and West Islip Win PSEG Long Island’s First-Ever Earth Day Video PSA Contest

Today PSEG Long Island announced the winners of its first-ever Earth Day Video PSA Contest. Two hundred seven videos were submitted by creative, local schoolchildren, and 10 made the final cut. Dozens of students and teachers who participated in the program watched the announcement live via webinar …

PSEG Declares Regular Quarterly Dividend For Second Quarter Of 2021

The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.51 per share dividend on the outstanding common stock of the company for the second quarter of 2021

PSEG Long Island Wins Top ENERGY STAR Award for Commitment to Fighting Climate Change

As the world gears up to celebrate Earth Day on April 22, PSEG Long Island was honored by the U.S. Environmental Protection Agency and the U.S. Department of Energy for its commitment to fighting climate change through energy efficiency

Helping the Local Economy Weather COVID

PSEG Long Island is proud to announce funding for the Outdoor Spaces program has been renewed for a limited time. More than $2 million in grants and discounts were provided last year to help more than 1,000 local businesses and organizations meet the ever-evolving challenges of COVID-19 and continue…
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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 John A. Bridges.

  • 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 $9.6 b.

  • What is Public Service Enterprise Group revenue per employee?

    Latest Public Service Enterprise Group revenue per employee is $739.1 k.

  • Who are Public Service Enterprise Group competitors?

    Competitors of Public Service Enterprise Group include Xcel 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.