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.