RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Public Service Enterprise Group ROE 2024

Public Service Enterprise Group ROE

0.17

Public Service Enterprise Group Dividend yield

3.08 %

Ticker

PEG

ISIN

US7445731067

WKN

852070

In 2024, Public Service Enterprise Group's return on equity (ROE) was 0.17, a 120.52% increase from the 0.08 ROE in the previous year.

Public Service Enterprise Group Aktienanalyse

What does Public Service Enterprise Group do?

Public Service Enterprise Group Inc. (PSEG) is a US energy company based in Newark, New Jersey. It was founded in 1903 and is now one of the largest energy companies in the US. PSEG operates various business sectors focusing on energy generation, transmission, and distribution. History PSEG was originally established as the Public Service Corporation of New Jersey to improve the supply of gas and electricity in New Jersey. Over the years, the company has expanded its business to include energy generation, power transmission and distribution, as well as energy efficiency and renewable energy. Today, the company serves approximately 2.5 million customers in New Jersey, Pennsylvania, and New York. Business Model PSEG's business model is focused on providing customers with the energy they need while minimizing environmental impact. PSEG is committed to creating a sustainable energy future by reducing energy consumption, promoting renewable energy, and advocating for environmental issues. The company has also pledged to reduce coal usage as an energy source by 80% by 2030. Divisions PSEG operates various business divisions that concentrate on energy generation, transmission, and distribution. Energy Generation: PSEG owns and operates numerous power generation facilities, including nuclear power plants, fossil fuel power plants, and solar power plants. Power Transmission and Distribution: PSEG also operates a power grid that delivers the energy generated by power plants to customers. This division encompasses both long-distance energy transmission and energy distribution to homes and businesses. Energy Efficiency: PSEG also offers energy efficiency services to help customers reduce their energy consumption and save costs. Renewable Energy: The company has launched several initiatives to promote the use of renewable energy in the region, including solar power plants and wind farms. Products PSEG offers a wide range of products and services tailored to the needs of its customers, including: Energy Supply: PSEG supplies energy to households, businesses, and public facilities in New Jersey, Pennsylvania, and New York. Heating and Cooling: PSEG provides heating and cooling services to assist customers in regulating temperatures in their homes and businesses. Energy Efficiency: PSEG offers services to increase energy efficiency, helping customers lower their energy costs and improve their environmental footprint. Renewable Energy: PSEG offers a variety of products and services in the field of renewable energy, including solar power plants and wind farms. Summary Public Service Enterprise Group Inc. is a US energy company focusing on energy generation, transmission, and distribution. The company is committed to creating a sustainable energy future by reducing energy consumption, promoting renewable energy, and advocating for environmental issues. PSEG operates various business divisions such as energy generation, power transmission and distribution, energy efficiency, and renewable energy. The company offers a wide range of products and services aimed at reducing energy consumption and minimizing environmental impact. Public Service Enterprise Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Public Service Enterprise Group's Return on Equity (ROE)

Public Service Enterprise Group's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Public Service Enterprise Group's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Public Service Enterprise Group's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Public Service Enterprise Group’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Public Service Enterprise Group Stock

What is the ROE (Return on Equity) of Public Service Enterprise Group this year?

The ROE of Public Service Enterprise Group this year is 0.17 undefined.

How has the Return on Equity (ROE) of Public Service Enterprise Group developed compared to the previous year?

The ROE of Public Service Enterprise Group has increased by 120.52% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Public Service Enterprise Group?

A high ROE indicates that Public Service Enterprise Group generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Public Service Enterprise Group?

A low ROE can indicate that Public Service Enterprise Group is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Public Service Enterprise Group affect the company?

A change in ROE (Return on Equity) of Public Service Enterprise Group can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Public Service Enterprise Group?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Public Service Enterprise Group?

Some factors that can influence Public Service Enterprise Group's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Public Service Enterprise Group pay?

Over the past 12 months, Public Service Enterprise Group paid a dividend of 2.28 USD . This corresponds to a dividend yield of about 3.08 %. For the coming 12 months, Public Service Enterprise Group is expected to pay a dividend of 2.31 USD.

What is the dividend yield of Public Service Enterprise Group?

The current dividend yield of Public Service Enterprise Group is 3.08 %.

When does Public Service Enterprise Group pay dividends?

Public Service Enterprise Group pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Public Service Enterprise Group?

Public Service Enterprise Group paid dividends every year for the past 25 years.

What is the dividend of Public Service Enterprise Group?

For the upcoming 12 months, dividends amounting to 2.31 USD are expected. This corresponds to a dividend yield of 3.12 %.

In which sector is Public Service Enterprise Group located?

Public Service Enterprise Group is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Public Service Enterprise Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Public Service Enterprise Group from 6/28/2024 amounting to 0.6 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Public Service Enterprise Group pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Public Service Enterprise Group in the year 2023?

In the year 2023, Public Service Enterprise Group distributed 2.16 USD as dividends.

In which currency does Public Service Enterprise Group pay out the dividend?

The dividends of Public Service Enterprise Group are distributed in USD.

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Andere Kennzahlen von Public Service Enterprise Group

Our stock analysis for Public Service Enterprise Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Public Service Enterprise Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.