Public Service Enterprise Group (PEG) Debt/Equity Ratio: History & Chart

Public Service Enterprise Group Incorporated(PEG)

Regulated Electric · Newark, NJ

$72.39-0.09 (-0.12%)

Delayed quote: Sep 11, 2026, 4:00 PM EDT

About Public Service Enterprise Group Incorporated

Public Service Enterprise Group Incorporated (PSEG) is an energy provider primarily operating through its subsidiaries in the Northeastern and Mid-Atlantic United States. The company's business activities are structured into two primary segments: PSE&G and PSEG Power. The PSE&G division is responsible for transmitting electricity and distributing both electricity and natural gas to residential, commercial, and industrial customers. This segment also commits resources to solar power generation projects and various energy efficiency initiatives, as well as offering appliance service and repair. By December 31, 2021, its substantial infrastructure included 25,000 circuit miles of electric transmission and distribution systems, supported by 862,000 utility poles. It also featured 56 switching stations with a total capacity of 39,353 megavolt-amperes (MVA) and 235 substations with a combined capacity of 9,285 MVA. The electric network was further managed by four main and five sub-electric distribution headquarters. On the gas side, PSE&G maintained 18,000 miles of gas mains, twelve primary and two secondary gas distribution headquarters, a single meter shop, and 58 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was established in 1985 and is headquartered in Newark, New Jersey.

Newark, NJ

13,189 employees

investor.pseg.com

Utilities / Regulated Electric

Sector: Utilities
Industry: Regulated Electric
CEO: Ralph A. LaRossa

View full financials

PEG Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.42

DEBT TO EQUITY RATIO AVG TTM

1.32

DEBT TO EQUITY RATIO AVG 3Y

1.38

DEBT TO EQUITY RATIO AVG 5Y

1.40

DEBT TO EQUITY RATIO AVG 10Y

1.20

DEBT TO EQUITY RATIO AVG 15Y

1.05

DEBT TO EQUITY RATIO AVG 20Y

1.11

CURRENT VS TTM AVG

+7.60%

CURRENT VS 3Y AVG

+3.04%

CURRENT VS 5Y AVG

+1.76%

CURRENT VS 10Y AVG

+18.97%

CURRENT VS 15Y AVG

+34.99%

CURRENT VS 20Y AVG

+28.75%

SECTOR MEDIAN · UTILITIES

1.71

median of 40 covered companies

CURRENT VS SECTOR MEDIAN

-16.48%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Public Service Enterprise Group Incorporated (PEG)	$36.07B	1.42	1.32	1.38	1.40
PG&E Corporation (PCG)vs ›	$36.99B	1.91	1.91	2.12	2.12
WEC Energy Group, Inc. (WEC)vs ›	$34.31B	1.63	1.64	1.60	1.53
Consolidated Edison, Inc. (ED)vs ›	$39.23B	1.10	1.23	1.21	1.24
Ameren Corporation (AEE)vs ›	$29.03B	1.59	1.52	1.48	1.44
Exelon Corporation (EXC)vs ›	$44.47B	1.76	1.75	1.71	1.50
DTE Energy Company (DTE)vs ›	$27.59B	2.29	2.08	1.98	1.93
American Water Works Company, Inc. (AWK)vs ›	$27.36B	1.38	1.42	1.43	1.49
Atmos Energy Corporation (ATO)vs ›	$27.24B	0.67	0.68	0.73	0.76
FirstEnergy Corp. (FE)vs ›	$26.69B	2.24	2.06	2.16	2.46

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Public Service Enterprise Group Incorporated (PEG)

$36.07B

1.42

1.32

1.38

1.40

PG&E Corporation (PCG)vs ›

$36.99B

1.91

2.12

WEC Energy Group, Inc. (WEC)vs ›

$34.31B

1.63

1.64

1.60

1.53

Consolidated Edison, Inc. (ED)vs ›

$39.23B

1.10

1.23

1.21

1.24

Ameren Corporation (AEE)vs ›

$29.03B

1.59

1.52

1.48

1.44

Exelon Corporation (EXC)vs ›

$44.47B

1.76

1.75

1.71

1.50

DTE Energy Company (DTE)vs ›

$27.59B

2.29

2.08

1.98

1.93

American Water Works Company, Inc. (AWK)vs ›

$27.36B

1.38

1.42

1.43

1.49

Atmos Energy Corporation (ATO)vs ›

$27.24B

0.67

0.68

0.73

0.76

FirstEnergy Corp. (FE)vs ›

$26.69B

2.24

2.06

2.16

2.46

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Public Service Enterprise Group Incorporated (PEG)?

The debt to equity ratio for PEG stock is 1.42.

Is Public Service Enterprise Group Incorporated's debt to equity ratio high or low?

The debt to equity ratio of 1.42 is in line with its 5-year average of 1.40, near the high end of its 5-year range (0.97–1.58).

What is the TTM average debt to equity ratio for Public Service Enterprise Group Incorporated (PEG)?

The TTM average debt to equity ratio for PEG stock is 1.32.

What is the 3Y average debt to equity ratio for Public Service Enterprise Group Incorporated (PEG)?

The 3Y average debt to equity ratio for PEG stock is 1.38.

What is the 5Y average debt to equity ratio for Public Service Enterprise Group Incorporated (PEG)?

The 5Y average debt to equity ratio for PEG stock is 1.40.

What is the 10Y average debt to equity ratio for Public Service Enterprise Group Incorporated (PEG)?

The 10Y average debt to equity ratio for PEG stock is 1.20.

What is the 15Y average debt to equity ratio for Public Service Enterprise Group Incorporated (PEG)?

The 15Y average debt to equity ratio for PEG stock is 1.05.

What is the 20Y average debt to equity ratio for Public Service Enterprise Group Incorporated (PEG)?

The 20Y average debt to equity ratio for PEG stock is 1.11.

DATE	DEBT TO EQUITY RATIO
2026-06-30	1.42
2026-03-31	0.97
2025-12-31	1.44
2025-09-30	1.38
2025-06-30	1.41
2025-03-31	1.44
2024-12-31	1.42
2024-09-30	1.37
2024-06-30	1.36
2024-03-31	1.40
2023-12-31	1.32
2023-09-30	1.31
2023-06-30	1.32
2023-03-31	1.38
2022-12-31	1.49
2022-09-30	1.52
2022-06-30	1.58
2022-03-31	1.44
2021-12-31	1.36
2021-09-30	1.42
2021-06-30	1.09
2021-03-31	1.09
2020-12-31	1.09
2020-09-30	1.10
2020-06-30	1.10
2020-03-31	1.12
2019-12-31	1.09
2019-09-30	1.08
2019-06-30	1.08
2019-03-31	1.05
2018-12-31	1.08
2018-09-30	1.03
2018-06-30	1.01
2018-03-31	0.97
2017-12-31	0.98
2017-09-30	0.97
2017-06-30	0.97
2017-03-31	0.90
2016-12-31	0.90
2016-09-30	0.81
2016-06-30	0.82
2016-03-31	0.77
2015-12-31	0.76
2015-09-30	0.72
2015-06-30	0.73
2015-03-31	0.72
2014-12-31	0.75
2014-09-30	0.74
2014-06-30	0.76
2014-03-31	0.73
2013-12-31	0.75
2013-09-30	0.75
2013-06-30	0.76
2013-03-31	0.76
2012-12-31	0.76
2012-09-30	0.77
2012-06-30	0.78
2012-03-31	0.75
2011-12-31	0.79
2011-09-30	0.88
2011-06-30	0.85
2011-03-31	0.89
2010-12-31	0.93
2010-09-30	0.96
2010-06-30	0.90
2010-03-31	0.89
2009-12-31	0.99
2009-09-30	0.97
2009-06-30	1.06
2009-03-31	1.09
2008-12-31	1.15
2008-09-30	1.18
2008-06-30	1.53
2008-03-31	1.25
2007-12-31	1.35
2007-09-30	1.53
2007-06-30	1.64
2007-03-31	1.71
2006-12-31	1.68
2006-09-30	1.71
2006-06-30	1.84
2006-03-31	1.98
2005-12-31	2.14
2005-09-30	2.54
2005-06-30	2.47
2005-03-31	2.38
2004-12-31	2.37
2004-09-30	2.49
2004-06-30	2.45
2004-03-31	2.39
2003-12-31	2.49
2003-09-30	3.01
2003-06-30	2.75
2003-03-31	2.70
2002-12-31	3.12
2002-09-30	3.55

DATE

DEBT TO EQUITY RATIO

2026-06-30

1.42

2026-03-31

0.97

2025-12-31

1.44

2025-09-30

1.38

2025-06-30

1.41

2025-03-31

1.44

2024-12-31

1.42

2024-09-30

1.37

2024-06-30

1.36

2024-03-31

1.40

2023-12-31

1.32

2023-09-30

1.31

2023-06-30

1.32

2023-03-31

1.38

2022-12-31

1.49

2022-09-30

1.52

2022-06-30

1.58

2022-03-31

1.44

2021-12-31

1.36

2021-09-30

1.42

2021-06-30

1.09

2021-03-31

1.09

2020-12-31

1.09

2020-09-30

1.10

2020-06-30

1.10

2020-03-31

1.12

2019-12-31

1.09

2019-09-30

1.08

2019-06-30

1.08

2019-03-31

1.05

2018-12-31

1.08

2018-09-30

1.03

2018-06-30

1.01

2018-03-31

0.97

2017-12-31

0.98

2017-09-30

0.97

2017-06-30

0.97

2017-03-31

0.90

2016-12-31

0.90

2016-09-30

0.81

2016-06-30

0.82

2016-03-31

0.77

2015-12-31

0.76

2015-09-30

0.72

2015-06-30

0.73

2015-03-31

0.72

2014-12-31

0.75

2014-09-30

0.74

2014-06-30

0.76

2014-03-31

0.73

2013-12-31

0.75

2013-09-30

0.75

2013-06-30

0.76

2013-03-31

0.76

2012-12-31

0.76

2012-09-30

0.77

2012-06-30

0.78

2012-03-31

0.75

2011-12-31

0.79

2011-09-30

0.88

2011-06-30

0.85

2011-03-31

0.89

2010-12-31

0.93

2010-09-30

0.96

2010-06-30

0.90

2010-03-31

0.89

2009-12-31

0.99

2009-09-30

0.97

2009-06-30

1.06

2009-03-31

1.09

2008-12-31

1.15

2008-09-30

1.18

2008-06-30

1.53

2008-03-31

1.25

2007-12-31

1.35

2007-09-30

1.53

2007-06-30

1.64

2007-03-31

1.71

2006-12-31

1.68

2006-09-30

1.71

2006-06-30

1.84

2006-03-31

1.98

2005-12-31

2.14

2005-09-30

2.54

2005-06-30

2.47

2005-03-31

2.38

2004-12-31

2.37

2004-09-30

2.49

2004-06-30

2.45

2004-03-31

2.39

2003-12-31

2.49

2003-09-30

3.01

2003-06-30

2.75

2003-03-31

2.70

2002-12-31

3.12

2002-09-30

3.55

Debt to Equity Ratio: 1.42

PEG Debt to Equity Ratio

PEG Average Debt to Equity Ratio Chart

PEG Current vs Average Debt to Equity Ratio Chart

PEG Debt to Equity Ratio Metrics

PEG Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

PEG Debt to Equity Ratio History

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