Public Service Enterprise Group (PEG) 10-K Summary — Year Ended Dec 31, 2024
Public Service Enterprise Group filed its annual report for the most recent period. The company reported a decline in revenue while maintaining positive operating income and net income.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
Public Service Enterprise Group filed its annual report for the most recent period. The company reported a decline in revenue while maintaining positive operating income and net income.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$10.3B
Revenue reported for the fiscal year.
Operating income
$2.4B
Income from operations reported for the year.
Net income
$1.8B
Net income reported for the year.
Operating cash flow
$2.1B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $9.7B | n/a |
| Dec 31, 2022 | $9.8B | +0.8% |
| Dec 31, 2023 | $11.2B | +14.7% |
| Dec 31, 2024 | $10.3B | -8.4% |
Business overview
The company operates as a public service enterprise group, focusing on energy operations and strategy. It addresses competitive, regulatory, and environmental matters as part of its business.
Financial performance
Revenue decreased compared to the previous period. Operating income and net income remained positive. Operating cash flow supported the company's ongoing activities.
Material risks
The filing outlines risk factors related to regulatory changes, environmental liabilities, and operational challenges common in the energy industry. These factors could affect future results.
Liquidity and capital
The company discusses its liquidity position and capital requirements, indicating ongoing investment in infrastructure and operations.
What to watch
Monitor the company's revenue trend and any updates on regulatory proceedings in the next filing.