Public Service Enterprise Group Inc (PEG)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,075,000 | 1,940,000 | 2,125,000 | 3,081,000 | 3,397,000 | 3,387,000 | 2,741,000 | 1,002,000 | 630,000 | -1,671,000 | -2,008,000 | -1,089,000 | -1,167,000 | 1,775,000 | 2,574,000 | 2,301,000 | 2,283,000 | 2,020,000 | 1,593,000 | 1,950,000 |
| Revenue (ttm) | US$ in thousands | 10,472,000 | 10,463,000 | 10,242,000 | 11,237,000 | 11,771,000 | 11,587,000 | 11,242,000 | 9,800,000 | 9,717,000 | 9,348,000 | 9,146,000 | 9,722,000 | 9,068,000 | 9,535,000 | 9,711,000 | 9,603,000 | 9,679,000 | 9,611,000 | 9,877,000 | 10,076,000 |
| Pretax margin | 19.81% | 18.54% | 20.75% | 27.42% | 28.86% | 29.23% | 24.38% | 10.22% | 6.48% | -17.88% | -21.95% | -11.20% | -12.87% | 18.62% | 26.51% | 23.96% | 23.59% | 21.02% | 16.13% | 19.35% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,075,000K ÷ $10,472,000K
= 19.81%
The pretax margin of Public Service Enterprise Group Inc has experienced fluctuations over the analyzed period. The pretax margin represents the percentage of each dollar of revenue that turns into pretax profit.
From December 31, 2019, to June 30, 2021, the pretax margin showed a positive trend, increasing from 19.35% to 26.51%, indicating improved efficiency in generating pretax profits relative to revenue. However, in the subsequent quarters, from September 30, 2021, to June 30, 2022, the pretax margin turned negative, indicating that the company's pretax profits were less than its revenue.
In the following quarters, from September 30, 2022, to December 31, 2024, the pretax margin recovered and stabilized at levels ranging from 6.48% to 19.81%. This suggests that the company made adjustments to improve its profitability and efficiency in generating pretax income.
Overall, fluctuations in the pretax margin of Public Service Enterprise Group Inc reflect varying levels of operational efficiency and profitability during the analyzed period. Monitoring this metric is important for assessing the company's ability to manage expenses and generate profits relative to its revenue.
Peer comparison
Dec 31, 2024