Aureus
FRed Flag

Public Service Enterprise Group(PEG)

F

Financial data as of Dec 31, 2025Improving · Utilities

FCF Margin0.2%Free Cash Flow / Revenue
Cash Conversion156.2%Operating CF / Net Income
Free Cash Flow$26.0M
Revenue$12.2B
Net Cash-$24.1BNet debt position
Debt / FCF930.8xElevated debt burden
Current Ratio0.80Tight short-term liquidity
YoY FCF Growth+33.2%2 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseF
→
-2Extreme debt-to-FCF ratio (930.8x)
→
-1Current ratio below 1.0 (0.80)
→
+1Strong YoY FCF growth (33.2% YoY)
→
-1Only 2 positive quarters recently
→
-0.5Highly volatile FCF (consistency: 3.52)
→
FinalF

Analysis Summary

Strengths

  • Excellent cash conversion (156%)
  • Strong YoY FCF growth (+33.2%)

Concerns

  • Low FCF margin (0.2%)
  • Heavy debt position ($24.1B net debt, 930.8x FCF)
  • High debt-to-FCF ratio (930.8x)
  • Current ratio below 1.0 — tight short-term liquidity
  • Only 2 positive FCF quarters recently
  • Highly volatile quarterly FCF
Heavy CapEx — Operating cash flow is strong (27% margin) but most is reinvested

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin0.2%
Net Margin17.3%
Operating CF Margin27.1%
CapEx Ratio26.9%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$24.1BNet debt position
Debt / FCF930.8xElevated debt burden
Current Ratio0.80Tight liquidity
Debt / Equity1.43Moderate leverage

Quarterly FCF Trend

+33.2% YoYImproving (+33.2%)

Free cash flow per quarter

Sector Comparison — Utilities

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NamePublic Service Enterprise Group
SectorUtilities
Free Cash Flow$26.0M
Revenue$12.2B
Net Income$2.1B
Operating Cash Flow$3.3B
Capital Expenditure$3.3B
FCF Margin0.2%
Cash Conversion Rate156.2%
Net Margin17.3%
Total Debt$24.2B
Total Cash$132.0M
Net Cash-$24.1B
Current Ratio0.80
Debt / Equity1.43
Debt / FCF930.8x
YoY FCF Growth+33.2%
Positive Quarters2 of 5
Trend DirectionImproving
Report DateDec 31, 2025
GradeF
Data SourceYahoo Finance