Public Service Enterprise Group (PEG) FY2021 results: revenue $9.7 billion, up 1.2% on the year
Public Service Enterprise Group Inc. (PEG) reported revenue of $9.7 billion for fiscal 2021, the year ended 31 December 2021, up 1.2% on the year before. Net income was -$648 million, and diluted earnings per share $-1.29. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$9.7 billion
+1.2% on the year
FY2014FY2021
Operating margin
-8.8%
23.6% a year earlier
FY2014FY2021
Net income
-$648 million
FY2014FY2021
Diluted EPS
-$1.29
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,736
3,102
3,379
-44.0%
Capital expenditure
2,719
2,923
3,166
-7.0%
Free cash flow
-983
179
213
Free cash flow margin
-10.1%
1.9%
2.1%
Cash from investing
-2,244
-2,676
-3,145
Cash from financing
799
-30.0
-257
Share-based compensation
28.0
35.0
33.0
-20.0%
Buybacks
0.0
0.0
n/a
Dividends paid
1,031
991
950
+4.0%
Dividend per share
$2.04
$1.96
$1.88
+4.1%
Diluted shares, weighted
504m
507m
507m
-0.6%
Shares outstanding at period end
504m
504m
504m
0.0%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
14,438
15,984
15,089
-9.7%
Debt
19,438
17,243
15,108
+12.7%
Operating lease liabilities
191
252
273
-24.2%
Other liabilities
14,932
16,571
17,260
-9.9%
Total liabilities and equity
48,999
50,050
47,730
-2.1%
Goodwill
n/a
n/a
0.0
Intangible assets
20.0
158
149
-87.3%
Investments
541
536
812
+0.9%
Cash and equivalents
818
543
147
+50.6%
Receivables
1,859
1,410
1,313
+31.8%
Other assets
45,761
47,403
45,309
-3.5%
Total assets
48,999
50,050
47,730
-2.1%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.