Public Service Enterprise Group Incorporated (PEG) Income Tax Expense
The tax expense for Public Service Enterprise Group Incorporated (PEG) is $263.00 Million with a year-over-year change of +396.23%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
PEG Tax Expense Chart
Current Tax Expense
$263.00M
$263.00 Million
Year-over-Year Change
+396.23%
vs. $53.00M prior year
Historical Data
30
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $263.00M | +$210.00M | +396.23% |
| 2024 | $53.00M | $-465.00M | -89.77% |
| 2023 | $518.00M | +$547.00M | +1886.21% |
| 2022 | $-29.00M | +$412.00M | +93.42% |
| 2021 | $-441.00M | $-837.00M | -211.36% |
| 2020 | $396.00M | +$139.00M | +54.09% |
| 2019 | $257.00M | $-160.00M | -38.37% |
| 2018 | $417.00M | +$723.00M | +236.27% |
| 2017 | $-306.00M | $-717.00M | -174.45% |
| 2016 | $411.00M | $-590.00M | -58.94% |
| 2015 | $1.00B | +$63.00M | +6.72% |
| 2014 | $938.00M | +$126.00M | +15.52% |
| 2013 | $812.00M | +$76.00M | +10.33% |
| 2012 | $736.00M | $-241.00M | -24.67% |
| 2011 | $977.00M | $-82.00M | -7.74% |
| 2010 | $1.06B | +$15.00M | +1.44% |
| 2009 | $1.04B | +$118.00M | +12.74% |
| 2008 | $926.00M | $-134.00M | -12.64% |
| 2007 | $1.06B | +$606.00M | +133.48% |
| 2006 | $454.00M | $-87.00M | -16.08% |
| 2005 | $541.00M | +$95.00M | +21.30% |
| 2004 | $446.00M | $-18.00M | -3.88% |
| 2003 | $464.00M | +$216.00M | +87.10% |
| 2002 | $248.00M | $-125.00M | -33.51% |
| 2001 | $373.00M | $-117.00M | -23.88% |
| 2000 | $490.00M | $-73.00M | -12.97% |
| 1999 | $563.00M | +$143.00M | +34.05% |
| 1998 | $420.00M | +$91.00M | +27.66% |
| 1997 | $329.00M | +$38.70M | +13.33% |
| 1996 | $290.30M | — | — |
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.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Ralph A. LaRossa