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Public Service Enterprise Group Incorporated  (PEG)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 

PEG's Operating Income Growth by Quarter and Year

Public Service Enterprise Group Incorporated's Operating Income results by quarter and year




PEG Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 964.00 902.00 633.00
III Quarter September - 173.00 -2,205.00 407.00
II Quarter June 794.00 296.00 -294.00 797.00
I Quarter March 1,648.00 -52.00 741.00 507.00
FY   2,442.00 1,381.00 -856.00 2,344.00



PEG Operating Income second quarter 2023 Y/Y Growth Comment
Public Service Enterprise Group Incorporated achieved in the second quarter 2023, above Company average Operating Income surge of 168.24% year on year, to $ 794.00 millions.

Looking into second quarter 2023 results within Electric Utilities industry 6 other companies have achieved higher Operating Income growth. While Public Service Enterprise Group Incorporated' s Operating Income doubling of 168.24% ranks overall at the positon no. 328 in the second quarter 2023.

Explain Operating Income growth


PEG Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 6.87 % 42.5 % 29.18 %
III Quarter September - - - 154.38 %
II Quarter June 168.24 % - - 1.4 %
I Quarter March - - 46.15 % -
FY   - - - 88.27 %

Financial Statements
Public Service Enterprise Group Incorporated's second quarter 2023 Operating Income $ 794.00 millions PEG's Income Statement
Public Service Enterprise Group Incorporated's second quarter 2022 Operating Income $ 296.00 millions Quarterly PEG's Income Statement
New: More PEG's historic Operating Income Growth >>


PEG Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 457.23 % - 55.53 %
III Quarter September - -41.55 % - -48.93 %
II Quarter June -51.82 % - - 57.2 %
I Quarter March 70.95 % - 17.06 % 3.47 %
FY (Year on Year)   - - - 88.27 %




Operating Income second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #7
Utilities Sector #17
Overall #328

Operating Income Y/Y Growth Statistics
High Average Low
196.13 % -2.02 % -171.22 %
(Jun 30 2018)   (Jun 30 2022)
Operating Income second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #7
Utilities Sector #17
Overall #328
Operating Income Y/Y Growth Statistics
High Average Low
196.13 % -2.02 % -171.22 %
(Jun 30 2018)   (Jun 30 2022)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Public Service Enterprise Group Incorporated's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
457.23 % 31.69 % -79.64 %
(Dec 31 2022)  


PEG's II. Quarter Q/Q Operating Income Comment
In the II. Quarter 2023 Public Service Enterprise Group Incorporated realized fall in Operating Income from the previous quarter by -51.82% to $ 794.00 millions, from $ 1,648.00 millions released in the previous reporting period.

Within Electric Utilities industry 13 other companies have achieved higher Operating Income quarter on quarter growth. While Public Service Enterprise Group Incorporated's Operating Income growth quarter on quarter, overall rank is 566.


Operating Income Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #14
Utilities Sector #24
Overall #566
Operating Income Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #14
Utilities Sector #24
Overall #566
Operating Income Q/Q Growth Statistics
High Average Low
457.23 % 31.69 % -79.64 %
(Dec 31 2022)  


PEG's II. Quarter Q/Q Operating Income Comment
In the II. Quarter 2023 Public Service Enterprise Group Incorporated disclosed fall in Operating Income from the first quarter by -51.82% to $ 794.00 millions, from $ 1,648.00 millions declared a quarter before.

Within Electric Utilities industry 13 other companies have achieved higher Operating Income quarter on quarter growth. While Public Service Enterprise Group Incorporated's Operating Income growth quarter on quarter, overall rank is 566.


Public Service Enterprise Group Incorporated's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Operating Income 12 Months Ending $ 3,579.00 $ 3,081.00 $ 1,381.00 $ 1,319.00 $ -1,059.00
Y / Y Operating Income Growth (TTM) - - - - -
Year on Year Operating Income Growth Overall Ranking # # # # #
Seqeuential Operating Income Change (TTM) 16.16 % 123.1 % 4.7 % - -
Seq. Operating Income Growth (TTM) Overall Ranking # 328 # 635 # 1031 # 0 # 0




Cumulative Operating Income growth Comment
Public Service Enterprise Group Incorporated saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 168.24% year on year, to $ 3,579 millions if the fiscal year would have ended in Jun 30 2023.
Public Service Enterprise Group Incorporated's trailing twelve months Operating Income growth was higher than company's average 0% and higher than % growth in Mar 31 2023. And, Public Service Enterprise Group Incorporated realized the fastest Operating Income growth, in Electric Utilities industry.
But from twelve months ended Mar 31 2023 growth rate was beneth at 16.16 % from $3081 millions achieved in twelve months ending a quarter Mar 31 2023.
In spite of, this was evidence of convincing trend, as the typical sequential Operating Income advancement is at -2.02%.
The growth is even stronger sequentially clinched at 16.16 % jump from $3081 millions in twelve months ending a quarter before. In the Jun 30 2023 period, Public Service Enterprise Group Incorporated had cumulative twelve months Operating Income of $ 3,579 millions compare to Operating Loss of $ -1,059 millions a year ago.
Not only that Electric Utilities company has restored the profitability, the company is, as of now gaining momentum with above usual Operating Income surge, from the period from Mar 31 2023 to Jun 30 2022 of 16.16 % from $3081 millions.

Public Service Enterprise Group Incorporated achieved highest trailing twelve month year on year Operating Income growth. While overall Operating Income growth ranking, remained unchanged compare to the previous quarter at no. .

Operating Income TTM Q/Q Growth Statistics
High Average Low
196.13 %
-2.02 %
-171.22 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #
Utilities Sector #
Overall #

Operating Income TTM Y/Y Growth Statistics
High Average Low
0 %
0 %
0 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 7
Sector # 17
S&P 500 # 328
Cumulative Operating Income growth Comment
Public Service Enterprise Group Incorporated saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 168.24% year on year, to $ 3,579 millions if the fiscal year would have ended in Jun 30 2023.
Public Service Enterprise Group Incorporated's trailing twelve months Operating Income growth was higher than company's average 0% and higher than % growth in Mar 31 2023. And, Public Service Enterprise Group Incorporated realized the fastest Operating Income growth, in Electric Utilities industry.
But from the previous reporting period increase was slower at 16.16 % from $3081 millions reported in twelve months ending a quarter before Eva Subramanium  continued.
Still this was evidence of strength, as the typical Q/Q TTM Operating Income gain is at -2.02%.
The progress is even more impressive sequentially exhibited at 16.16 % rise from $3081 millions in twelve months ending a quarter before. In the Jun 30 2023 period, Public Service Enterprise Group Incorporated had cumulative twelve months Operating Income of $ 3,579 millions compare to Operating Loss of $ -1,059 millions a year ago.
Even more so, not just that Public Service Enterprise Group Incorporated has restored the bottom-line, it is, as of now improving fast with above usual Operating Income rise, from the twelve months ending in the quarter before of 16.16 % from $3081 millions.

Public Service Enterprise Group Incorporated achieved highest trailing twelve month year on year Operating Income growth. While overall Operating Income growth ranking, remained unchanged compare to the previous quarter at no. .

Operating Income TTM Q/Q Growth Statistics
High Average Low
196.13 %
-2.02 %
-171.22 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #
Utilities Sector #
Overall #

Operating Income TTM Y/Y Growth Statistics
High Average Low
0 %
0 %
0 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 7
Sector # 17
S&P 500 # 328




Other Operating Income Growth
Electric Utilities Industry Operating Income Growth Trends and Statistics
Utilities Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
PEG's Operating Income Growth Ratio versus Electric Utilities Industry, Utilities Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for PEG's Competitors
Operating Income Growth for Public Service Enterprise Group Incorporated's Suppliers
Operating Income Growth for PEG's Customers

You may also want to know
PEG's Annual Growth Rates PEG's Profitability Ratios PEG's Asset Turnover Ratio PEG's Dividend Growth
PEG's Roe PEG's Valuation Ratios PEG's Financial Strength Ratios PEG's Dividend Payout Ratio
PEG's Roa PEG's Inventory Turnover Ratio PEG's Growth Rates PEG's Dividend Comparisons



Companies with similar Operating Income fall for the quarter ending Jun 30 2023 within Utilities SectorY/Y Change %Operating Income for the quarter ending Jun 30 2023
Allete Inc 290.51%$ 290.511 millions
Consolidated Water Co ltd 271.16%$ 271.156 millions
Nextera Energy Inc 195.25%$ 195.253 millions
Public Service Enterprise Group Incorporated168.24%$ 168.243 millions
Constellation Energy Corporation145.96%$ 145.956 millions
Altus Power Inc 119.03%$ 119.026 millions
Dte Energy Co116.94%$ 116.940 millions
Southwest Gas Holdings Inc 85.66%$ 85.657 millions
Williams companies inc 84.32%$ 84.322 millions




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