Public Service Enterprise Group (PEG) FY2022 results: revenue $9.8 billion, up 0.8% on the year
Public Service Enterprise Group Inc. (PEG) reported revenue of $9.8 billion for fiscal 2022, the year ended 31 December 2022, up 0.8% on the year before. Net income was $1.0 billion, and diluted earnings per share $2.06. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2023.
Revenue
$9.8 billion
+0.8% on the year
FY2015FY2022
Operating margin
14.1%
-8.8% a year earlier
FY2015FY2022
Net income
$1.0 billion
FY2015FY2022
Diluted EPS
$2.06
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,503
1,736
3,102
-13.4%
Capital expenditure
2,888
2,719
2,923
+6.2%
Free cash flow
-1,385
-983
179
Free cash flow margin
-14.1%
-10.1%
1.9%
Cash from investing
-1,101
-2,244
-2,676
Cash from financing
-754
799
-30.0
Share-based compensation
29.0
28.0
35.0
+3.6%
Buybacks
500
0.0
0.0
Dividends paid
1,079
1,031
991
+4.7%
Dividend per share
$2.16
$2.04
$1.96
+5.9%
Diluted shares, weighted
501m
504m
507m
-0.6%
Shares outstanding at period end
497m
504m
504m
-1.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
13,729
14,438
15,984
-4.9%
Debt
20,270
19,438
17,243
+4.3%
Operating lease liabilities
169
191
252
-11.5%
Other liabilities
14,550
14,932
16,571
-2.6%
Total liabilities and equity
48,718
48,999
50,050
-0.6%
Intangible assets
14.0
20.0
158
-30.0%
Investments
624
541
536
+15.3%
Cash and equivalents
465
818
543
-43.2%
Receivables
1,944
1,859
1,410
+4.6%
Other assets
45,671
45,761
47,403
-0.2%
Total assets
48,718
48,999
50,050
-0.6%
10-K for the year ended 31 December 2022, filed 22 February 2023: the filing.