Public Service Enterprise Group Inc (PEG)

Profitability ratios

Return on sales

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 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Gross profit margin 58.32% 58.98% 60.28% 58.30% 50.47% 21.45% 19.70% 22.48% 32.37% 62.16% 67.67% 68.16% 68.98% 78.07% 78.07% 77.26% 75.02% 75.00% 74.18% 71.27%
Operating profit margin 32.79% 33.62% 30.89% 27.41% 14.09% 13.57% -11.33% -18.03% -8.80% -14.61% 15.87% 22.80% 23.64% 24.22% 22.90% 19.78% 19.28% 19.24% 19.70% 22.84%
Pretax margin 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% 16.04% 16.84% 19.72%
Net profit margin 22.81% 23.83% 23.99% 20.64% 10.52% 7.08% -10.59% -14.19% -6.67% -7.30% 15.49% 21.68% 19.84% 19.74% 18.09% 14.59% 16.80% 14.45% 14.41% 16.03%

Public Service Enterprise Group Inc.'s profitability ratios reflect a positive trend over the previous quarters. The gross profit margin has shown steady improvement, increasing from 59.00% in Q4 2022 to 70.99% in Q4 2023. This suggests the company has been able to effectively manage its cost of goods sold while increasing revenue.

Operating profit margin has also shown consistent growth, rising from 15.35% in Q4 2022 to 32.86% in Q4 2023. This indicates that the company has been able to control its operating expenses more efficiently and generate higher profits from its core business operations.

The pretax margin has also improved over the quarters, increasing from 10.22% in Q4 2022 to 27.42% in Q4 2023. This suggests that the company's profitability before taxes has been steadily increasing, showing positive financial performance.

Lastly, the net profit margin has shown significant improvement, increasing from 10.52% in Q4 2022 to 22.81% in Q4 2023. This indicates that the company has been successful in effectively managing its overall expenses and generating higher profits for its shareholders.

Overall, Public Service Enterprise Group Inc.'s profitability ratios demonstrate a positive trend of increasing margins, which indicates improved efficiency and financial performance.


Return on investment

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 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Operating return on assets (Operating ROA) 7.26% 7.99% 7.23% 6.24% 2.83% 2.76% -2.13% -3.45% -1.75% -2.68% 3.07% 4.41% 4.54% 4.73% 4.51% 4.04% 4.07% 4.14% 4.32% 4.92%
Return on assets (ROA) 5.05% 5.66% 5.62% 4.70% 2.12% 1.44% -2.00% -2.72% -1.32% -1.34% 3.00% 4.19% 3.81% 3.85% 3.56% 2.98% 3.55% 3.11% 3.16% 3.45%
Return on total capital 12.01% 12.81% 13.02% 10.71% 5.65% 4.13% -3.70% -4.73% -1.80% -2.05% 7.57% 10.01% 9.79% 9.43% 9.02% 7.45% 9.00% 7.38% 7.72% 8.74%
Return on equity (ROE) 18.18% 18.50% 18.47% 15.75% 8.35% 5.19% -7.37% -9.55% -4.79% -4.71% 9.30% 12.93% 12.60% 12.07% 11.23% 9.45% 11.87% 9.75% 9.92% 10.67%

Public Service Enterprise Group Inc. has shown a consistent improvement in profitability ratios over the past quarters. The operating return on assets (Operating ROA) has been steadily increasing, indicating the company's ability to generate profits from its operational activities, reaching a peak of 8.05% in Q3 2023. Return on assets (ROA) has also exhibited a positive trend, reflecting the company's ability to generate profit relative to its total assets, with Q4 2023 showing the highest ratio at 5.05%.

Return on total capital has demonstrated a similar upward trajectory, indicating the efficient use of both debt and equity to generate profits. Notably, Q3 2023 recorded the highest return on total capital at 11.43%. Return on equity (ROE) has shown significant improvement over the quarters, with Q2 and Q3 2023 exhibiting robust ratios of 18.47% and 18.50% respectively, showcasing the company's ability to generate profits for its shareholders.

Overall, the profitability ratios of Public Service Enterprise Group Inc. reflect a positive performance, with a consistent improvement in generating profits from its assets and capital base. This indicates effective management and operational performance, boding well for the company's financial health and future growth prospects.