Public Service Enterprise Group Incorporated
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Key facts
- Market Cap
- $35.87B
- P/E
- 17.0x
- P/B
- 2.12x
- ROE
- 12.8%
Public Service Enterprise Group Incorporated
Public Service Enterprise Group Incorporated is a leading U.S.-based public utility holding company specializing in regulated energy services. Headquartered in New Jersey and established as a consolidated entity in 1903, it is recognized as one of the ten largest electric companies in the United States and operates with total assets exceeding $54 billion as of 2024. Its primary business activities are conducted through its main subsidiaries: Public Service Electric and Gas Company, PSEG Power, and PSEG Long Island. The company provides electric and natural gas transmission and distribution, as well as merchant power generation, including nuclear assets, serving millions of residential, commercial, and industrial customers across New Jersey and Long Island. With a workforce of approximately 13,000 employees, Public Service Enterprise Group Incorporated is committed to advancing a clean energy future, emphasizing sustainability, reliability, and customer-focused innovation. It has a longstanding tradition of uninterrupted annual dividend payments since 1907, and has consistently been recognized for its reliability, customer service, and commitment to sustainability within the U.S. energy infrastructure sector.
- CEO
- Mr. Ralph A. LaRossa
- Employees
- 13,047