Public Service Enterprise Group (PEG) reported full‑year 2025 results on February 26, 2026, with net income of $2.111 billion and earnings per share of $4.22, up from $1.772 billion and $3.54 in 2024. The company’s non‑GAAP operating earnings reached $2.029 billion, reflecting robust performance in its regulated utility and nuclear generation segments.
The fourth‑quarter earnings per share were $0.72 on a non‑GAAP basis and $0.63 on a GAAP basis, a correction to the earlier reported figure of $4.22. The Q4 results underscore the company’s ability to generate consistent cash flow across its core utility businesses.
PEG’s full‑year earnings growth was driven by higher regulated utility revenues and stable nuclear generation output, offsetting modest inflationary pressure on operating costs. The company’s operating margin remained solid, supporting its outlook for continued profitability in a challenging power market.
The earnings release confirms PEG’s financial strength and positions it well for future investments in infrastructure and regulatory compliance, reinforcing investor confidence in its long‑term strategy.
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