PSEG
PEG
#468
Rank
NZ$68.26 B
Marketcap
$137.04
Share price
0.74%
Change (1 day)
31.81%
Change (1 year)
The Public Service Enterprise Group (PSEG) is an American energy company. The company is servicing 1.8 million gas customers and 2.2 million electric customers.

Operating Margin for PSEG (PEG)

Operating Margin as of September 2024 (TTM): 17.74%

According to PSEG's latest financial reports and stock price the company's current Operating Margin is 17.74%. At the end of 2023 the company had an Operating Margin of 27.42%.

Operating Margin history for PSEG from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202327.42%168.16%
202210.22%-191.28%
2021-11.20%-146.75%
202023.96%23.81%
201919.35%1.16%
201819.13%37.21%
201713.94%-3.69%
201614.48%-43.74%
201525.73%14.06%
201422.56%9.43%
201320.62%0.27%
201220.56%-4.45%
201121.52%-3%
201022.18%1.28%
200921.90%52.92%
200814.32%-22.62%
200718.51%91.14%
20069.68%-17.21%
200511.70%-2.97%
200412.05%2.03%
200311.81%47.37%
20028.02%-51.55%
200116.55%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
12.43%-29.93%๐Ÿ‡บ๐Ÿ‡ธ USA
9.85%-44.48%๐Ÿ‡บ๐Ÿ‡ธ USA
14.65%-17.42%๐Ÿ‡บ๐Ÿ‡ธ USA
16.40%-7.55%๐Ÿ‡บ๐Ÿ‡ธ USA
11.43%-35.57%๐Ÿ‡บ๐Ÿ‡ธ USA
20.28% 14.32%๐Ÿ‡บ๐Ÿ‡ธ USA
12.62%-28.86%๐Ÿ‡บ๐Ÿ‡ธ USA
12.10%-31.79%๐Ÿ‡บ๐Ÿ‡ธ USA
17.86% 0.68%๐Ÿ‡บ๐Ÿ‡ธ USA
10.48%-40.92%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.