Public Service Enterprise Group Inc (PEG)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 2,937,000 | 2,755,000 | 2,898,000 | 3,829,000 | 4,125,000 | 4,093,000 | 3,412,000 | 1,630,000 | 1,214,000 | -1,106,000 | -1,446,000 | -518,000 | -583,000 | 2,364,000 | 3,167,000 | 2,901,000 | 2,888,000 | 2,623,000 | 2,182,000 | 2,519,000 |
| Long-term debt | US$ in thousands | 18,964,000 | 18,960,000 | 18,764,000 | 17,784,000 | 17,039,000 | 16,394,000 | 17,140,000 | 16,495,000 | 16,150,000 | 16,471,000 | 16,968,000 | 15,219,000 | 14,425,000 | 15,350,000 | 15,346,000 | 14,496,000 | 14,792,000 | 13,580,000 | 14,040,000 | 13,743,000 |
| Total stockholders’ equity | US$ in thousands | 14,711,000 | 16,095,000 | 15,718,000 | 14,098,000 | 15,166,000 | 15,053,000 | 14,726,000 | 12,352,000 | 13,251,000 | 13,428,000 | 13,598,000 | 13,542,000 | 14,069,000 | 15,878,000 | 16,277,000 | 15,123,000 | 15,836,000 | 15,491,000 | 15,249,000 | 14,258,000 |
| Return on total capital | 8.72% | 7.86% | 8.40% | 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% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $2,937,000K ÷ ($18,964,000K + $14,711,000K)
= 8.72%
The return on total capital for Public Service Enterprise Group Inc has exhibited fluctuations over the timeframe provided.
Starting at 9.00% on December 31, 2019, the return dipped to 7.45% by March 31, 2020. This decline was followed by a gradual increase, reaching 10.01% by March 31, 2021. However, there was a notable drop in the return to -2.05% by September 30, 2021, and further downtrends in subsequent quarters, with negative returns recorded.
From the data, it is evident that the return on total capital experienced a more positive trajectory in later periods. For instance, by December 31, 2023, the return had improved to 12.01%, and further increased to 13.02% by June 30, 2023. Fluctuations continued in the subsequent periods, with the return settling at 8.72% by December 31, 2024.
Overall, the analysis highlights the varying performance of Public Service Enterprise Group Inc in terms of generating returns on its total capital, indicating periods of both growth and decline.
Peer comparison
Dec 31, 2024