Public Service Enterprise Group PEG
Public Service Enterprise Group scores average on business quality (5.5 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Public Service Enterprise Group does
Public Service Enterprise Group generates and distributes electricity and gas to utility customers in New Jersey, collecting regulated utility rates for its essential infrastructure.
- What it does best
PEG delivers reliable power distribution anchored by a regulated utility footprint, ranking in the top decile of its sector for revenue growth at 90th percentile. This captive customer base makes customer churn virtually nonexistent compared to non-regulated peers.
- The main risk
Heavy reliance on capital-intensive grid and generation projects pushes net debt to $23.9B, creating exposure to rising borrowing costs that can pressure earnings if rate cases fall short.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin stands at 23.1% with FCF margin ranking in the top quartile at the 83rd percentile, though profitability remains bound by regulatory rate caps rather than pure operating leverage.
The regulatory monopoly locks in regional residential and commercial utility customers, supported by a bottom-quartile moat score of 3.5 that reflects minimal structural pricing power outside approved rate cases.
Revenue growth hit 18.3%, well above its historical run rate, driven by expansion in the core utility and power operations.
With interest coverage at 2.7x and net debt sitting at $23.9B, debt servicing costs require close monitoring alongside free cash flow of $276.0M, making the balance sheet softer.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
1 sold $596K outside pre-planned sales.
Our sealed record on PEG
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Public Service Enterprise Group scores average on the Cluenex quality check (5.5 of 10), measured against its own industry. Profitability is fair, moat weak, growth fast and financial health fair.
In the last 90 days of SEC Form 4 filings: 1 sold $596K outside pre-planned sales.
Nov 3, 2026, before the open.
See PEG today
- Today's verdict on PEG, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Public Service Enterprise Group (PEG)”, https://cluenex.com/stocks/peg/, data as of Oct 10, 2026.