Public Service Enterprise Group Incorporated
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.17B | $10.29B | $11.24B | $9.80B | $9.72B | $9.60B | $10.08B | $9.70B |
| Cost of Revenue | $4.16B | $3.39B | $3.26B | $4.02B | $3.50B | $3.06B | $3.37B | $3.23B |
| Gross Profit | $8.01B | $6.90B | $7.98B | $5.78B | $6.22B | $6.55B | $6.70B | $6.47B |
| Gross Margin | 65.8% | 67.0% | 71.0% | 59.0% | 64.0% | 68.2% | 66.5% | 66.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $2.98B | $2.35B | $3.69B | $1.38B | $-856.0M | $2.27B | $1.94B | $2.30B |
| Operating Margin | 24.5% | 22.9% | 32.8% | 14.1% | -8.8% | 23.6% | 19.3% | 23.7% |
| Interest Expense | $1.01B | $882.0M | $748.0M | $628.0M | $571.0M | $600.0M | $569.0M | $476.0M |
| Pretax Income | $2.37B | $1.83B | $3.08B | $1.00B | $-1.09B | $2.30B | $1.95B | $1.86B |
| Income Tax Expense | $263.0M | $53.0M | $518.0M | $-29.0M | $-441.0M | $396.0M | $257.0M | $417.0M |
| Net Income | $2.11B | $1.77B | $2.56B | $1.03B | $-648.0M | $1.91B | $1.69B | $1.44B |
| Net Margin | 17.3% | 17.2% | 22.8% | 10.5% | -6.7% | 19.8% | 16.8% | 14.8% |
| EPS (Basic) | $4.23 | $3.56 | $5.15 | $2.07 | $-1.29 | $3.78 | $3.35 | $2.85 |
| EPS (Diluted) | $4.22 | $3.54 | $5.13 | $2.06 | $-1.29 | $3.76 | $3.33 | $2.83 |
| Shares Outstanding (Basic) | 499.0M | 498.0M | 498.0M | 498.0M | 504.0M | 504.0M | 504.0M | 504.0M |
| Shares Outstanding (Diluted) | 501.0M | 500.0M | 500.0M | 501.0M | 504.0M | 507.0M | 507.0M | 507.0M |
| Dividends Per Share | $2.52 | $2.40 | $2.28 | $2.16 | $2.04 | $1.96 | $1.88 | $1.80 |