Public Service Enterprise Group Inc (PEG) - Net Assets
Based on the latest financial reports, Public Service Enterprise Group Inc (PEG) has net assets worth $16.98 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($57.58 Billion) and total liabilities ($40.59 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Public Service Enterprise Group Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.98 Billion |
| % of Total Assets | 29.49% |
| Annual Growth Rate | 3.42% |
| 5-Year Change | 17.62% |
| 10-Year Change | 29.34% |
| Growth Volatility | 25.38 |
Public Service Enterprise Group Inc - Net Assets Trend (1994–2025)
This chart illustrates how Public Service Enterprise Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore PEG asset base for the complete picture of this company's asset base.
Annual Net Assets for Public Service Enterprise Group Inc (1994–2025)
The table below shows the annual net assets of Public Service Enterprise Group Inc from 1994 to 2025. For live valuation and market cap data, see market cap of Public Service Enterprise Group Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $16.98 Billion | +5.39% |
| 2024-12-31 | $16.11 Billion | +4.12% |
| 2023-12-31 | $15.48 Billion | +12.73% |
| 2022-12-31 | $13.73 Billion | -4.91% |
| 2021-12-31 | $14.44 Billion | -9.67% |
| 2020-12-31 | $15.98 Billion | +5.93% |
| 2019-12-31 | $15.09 Billion | +4.95% |
| 2018-12-31 | $14.38 Billion | +3.83% |
| 2017-12-31 | $13.85 Billion | +5.46% |
| 2016-12-31 | $13.13 Billion | +0.48% |
| 2015-12-31 | $13.07 Billion | +7.23% |
| 2014-12-31 | $12.19 Billion | -48.97% |
| 2013-12-31 | $23.88 Billion | +121.49% |
| 2012-12-31 | $10.78 Billion | +4.96% |
| 2011-12-31 | $10.27 Billion | +6.54% |
| 2010-12-31 | $9.64 Billion | +9.58% |
| 2009-12-31 | $8.80 Billion | +12.06% |
| 2008-12-31 | $7.85 Billion | +7.56% |
| 2007-12-31 | $7.30 Billion | +8.18% |
| 2006-12-31 | $6.75 Billion | +12.04% |
| 2005-12-31 | $6.02 Billion | +4.84% |
| 2004-12-31 | $5.74 Billion | +2.41% |
| 2003-12-31 | $5.61 Billion | +41.46% |
| 2002-12-31 | $3.96 Billion | -4.16% |
| 2001-12-31 | $4.14 Billion | +3.53% |
| 2000-12-31 | $4.00 Billion | 0.00% |
| 1999-12-31 | $4.00 Billion | -21.62% |
| 1998-12-31 | $5.10 Billion | -13.51% |
| 1997-12-31 | $5.89 Billion | +13.06% |
| 1996-12-31 | $5.21 Billion | -14.86% |
| 1995-12-31 | $6.12 Billion | +2.12% |
| 1994-12-31 | $6.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Public Service Enterprise Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 790.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $13.45 Billion | 79.18% |
| Common Stock | $5.06 Billion | 29.81% |
| Other Comprehensive Income | $-91.00 Million | -0.54% |
| Total Equity | $16.98 Billion | 100.00% |
Public Service Enterprise Group Inc Competitors by Market Cap
The table below lists competitors of Public Service Enterprise Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JD.com Inc Adr
NASDAQ:JD
|
$40.04 Billion |
|
CSL LTD SPON.ADR 2
F:CSJA
|
$40.06 Billion |
|
Accton Technology Corp
TW:2345
|
$40.15 Billion |
|
Lumentum Holdings Inc
NASDAQ:LITE
|
$40.18 Billion |
|
ASSA ABLOY AB (publ)
ST:ASSA-B
|
$39.83 Billion |
|
Prudential plc
MX:PUKN
|
$39.83 Billion |
|
Kia Corp
KO:000270
|
$39.77 Billion |
|
Ferrovial S.A.
MC:FER
|
$39.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Public Service Enterprise Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,114,000,000 to 16,982,000,000, a change of 868,000,000 (5.4%).
- Net income of 2,111,000,000 contributed positively to equity growth.
- Dividend payments of 1,258,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 42,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.11 Billion | +12.43% |
| Dividends Paid | $1.26 Billion | -7.41% |
| Other Comprehensive Income | $42.00 Million | +0.25% |
| Other Changes | $-27.00 Million | -0.16% |
| Total Change | $- | 5.39% |
Book Value vs Market Value Analysis
This analysis compares Public Service Enterprise Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.53x to 2.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $12.27 | $80.15 | x |
| 1995-12-31 | $12.53 | $80.15 | x |
| 1996-12-31 | $10.75 | $80.15 | x |
| 1997-12-31 | $12.70 | $80.15 | x |
| 1998-12-31 | $11.04 | $80.15 | x |
| 1999-12-31 | $9.13 | $80.15 | x |
| 2000-12-31 | $9.36 | $80.15 | x |
| 2001-12-31 | $9.94 | $80.15 | x |
| 2002-12-31 | $9.53 | $80.15 | x |
| 2003-12-31 | $12.28 | $80.15 | x |
| 2004-12-31 | $12.03 | $80.15 | x |
| 2005-12-31 | $12.32 | $80.15 | x |
| 2006-12-31 | $13.37 | $80.15 | x |
| 2007-12-31 | $14.35 | $80.15 | x |
| 2008-12-31 | $15.44 | $80.15 | x |
| 2009-12-31 | $17.33 | $80.15 | x |
| 2010-12-31 | $19.00 | $80.15 | x |
| 2011-12-31 | $20.26 | $80.15 | x |
| 2012-12-31 | $21.25 | $80.15 | x |
| 2013-12-31 | $47.05 | $80.15 | x |
| 2014-12-31 | $23.99 | $80.15 | x |
| 2015-12-31 | $25.72 | $80.15 | x |
| 2016-12-31 | $25.85 | $80.15 | x |
| 2017-12-31 | $27.31 | $80.15 | x |
| 2018-12-31 | $28.36 | $80.15 | x |
| 2019-12-31 | $29.76 | $80.15 | x |
| 2020-12-31 | $31.53 | $80.15 | x |
| 2021-12-31 | $28.65 | $80.15 | x |
| 2022-12-31 | $27.40 | $80.15 | x |
| 2023-12-31 | $30.95 | $80.15 | x |
| 2024-12-31 | $32.23 | $80.15 | x |
| 2025-12-31 | $33.90 | $80.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Public Service Enterprise Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.43%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.35%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 3.39x
- Recent ROE (12.43%) is above the historical average (11.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 11.32% | 11.48% | 0.35x | 2.79x | $79.38 Million |
| 1995 | 10.82% | 10.74% | 0.37x | 2.75x | $49.99 Million |
| 1996 | 11.73% | 10.12% | 0.36x | 3.24x | $90.30 Million |
| 1997 | 9.50% | 8.79% | 0.36x | 3.04x | $-29.40 Million |
| 1998 | 12.63% | 10.86% | 0.33x | 3.53x | $134.20 Million |
| 1999 | -2.03% | -1.25% | 0.34x | 4.76x | $-480.60 Million |
| 2000 | 19.12% | 11.16% | 0.32x | 5.39x | $364.40 Million |
| 2001 | 18.61% | 7.85% | 0.39x | 6.08x | $356.30 Million |
| 2002 | 6.18% | 2.92% | 0.32x | 6.59x | $-151.50 Million |
| 2003 | 20.68% | 10.44% | 0.40x | 5.01x | $599.10 Million |
| 2004 | 12.64% | 6.60% | 0.38x | 5.09x | $151.60 Million |
| 2005 | 10.98% | 5.32% | 0.42x | 4.95x | $58.80 Million |
| 2006 | 10.95% | 6.08% | 0.43x | 4.23x | $64.30 Million |
| 2007 | 18.29% | 10.39% | 0.45x | 3.88x | $605.10 Million |
| 2008 | 15.18% | 8.95% | 0.46x | 3.70x | $406.90 Million |
| 2009 | 18.12% | 12.83% | 0.43x | 3.26x | $713.20 Million |
| 2010 | 16.24% | 13.26% | 0.39x | 3.10x | $600.70 Million |
| 2011 | 14.63% | 13.57% | 0.37x | 2.90x | $476.00 Million |
| 2012 | 11.83% | 13.04% | 0.31x | 2.94x | $197.00 Million |
| 2013 | 5.21% | 12.47% | 0.31x | 1.36x | $-1.14 Billion |
| 2014 | 12.46% | 13.94% | 0.31x | 2.90x | $299.50 Million |
| 2015 | 12.85% | 16.12% | 0.28x | 2.87x | $372.40 Million |
| 2016 | 6.76% | 9.79% | 0.23x | 3.05x | $-426.00 Million |
| 2017 | 11.37% | 17.33% | 0.21x | 3.08x | $189.30 Million |
| 2018 | 10.00% | 14.83% | 0.21x | 3.15x | $300.00K |
| 2019 | 11.22% | 16.80% | 0.21x | 3.16x | $184.10 Million |
| 2020 | 11.92% | 19.84% | 0.19x | 3.13x | $306.60 Million |
| 2021 | -4.49% | -6.67% | 0.20x | 3.39x | $-2.09 Billion |
| 2022 | 7.51% | 10.52% | 0.20x | 3.55x | $-341.90 Million |
| 2023 | 16.56% | 22.81% | 0.22x | 3.28x | $1.02 Billion |
| 2024 | 11.00% | 17.22% | 0.19x | 3.39x | $160.60 Million |
| 2025 | 12.43% | 17.35% | 0.21x | 3.39x | $412.80 Million |
Industry Comparison
This section compares Public Service Enterprise Group Inc's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $27,818,120,000
- Average return on equity (ROE) among peers: -1.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Public Service Enterprise Group Inc (PEG) | $16.98 Billion | 11.32% | 2.39x | $39.97 Billion |
| Ameren Corp (AEE) | $4.55 Billion | 11.50% | 2.12x | $30.51 Billion |
| American Electric Power Co Inc (AEP) | $16.82 Billion | 9.71% | 2.54x | $71.56 Billion |
| CMS Energy Corporation (CMS) | $9.71 Billion | 11.03% | 3.16x | $23.30 Billion |
| CenterPoint Energy Inc (CNP) | $4.55 Billion | 13.43% | 4.10x | $27.76 Billion |
| Dominion Energy Inc (D) | $27.52 Billion | 7.38% | 2.96x | $56.20 Billion |
| DTE Energy Company (DTE) | $8.71 Billion | 10.41% | 3.56x | $30.10 Billion |
| Duke Energy Corporation (DUK) | $43.83 Billion | 6.08% | 2.32x | $100.08 Billion |
| Consolidated Edison Inc (ED) | $6.28 Billion | 11.63% | 1.29x | $40.71 Billion |
| Empresa Distribuidora y Comercializadora Norte SA ADR (EDN) | $143.55 Billion | -90.20% | 2.23x | $519.48 Million |
| Edison International (EIX) | $12.65 Billion | -2.39% | 3.48x | $26.89 Billion |
About Public Service Enterprise Group Inc
Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility, and nuclear generation businesses in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers… Read more