Public Service Enterprise Group (LTS:0KS2) Interest Expense : $-877 Mil (TTM As of Mar. 2025)

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What is Public Service Enterprise Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Public Service Enterprise Group's interest expense for the three months ended in Mar. 2025 was $ -241 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $-877 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Public Service Enterprise Group's Operating Income for the three months ended in Mar. 2025 was $ 797 Mil. Public Service Enterprise Group's Interest Expense for the three months ended in Mar. 2025 was $ -241 Mil. Public Service Enterprise Group's Interest Coverage for the quarter that ended in Mar. 2025 was 3.31. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Public Service Enterprise Group Interest Expense Historical Data

The historical data trend for Public Service Enterprise Group's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Public Service Enterprise Group Interest Expense Chart

Public Service Enterprise Group Annual Data

Trend

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

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Dec24

Interest Expense

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-513.00

-500.00

-563.00

-688.00

-841.00

Public Service Enterprise Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-205.00	-218.00	-227.00	-191.00	-241.00

Public Service Enterprise Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-877 Mil.

Public Service Enterprise Group (LTS:0KS2) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Public Service Enterprise Group's Interest Expense for the three months ended in Mar. 2025 was $-241 Mil. Its Operating Income for the three months ended in Mar. 2025 was $797 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $20,548 Mil.

Public Service Enterprise Group's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	797	/	-241
	=	3.31

The higher the ratio, the stronger the company's financial strength is.

Public Service Enterprise Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Public Service Enterprise Group Inc (LTS:0KS2) » Definitions » Interest Expense

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Address

80 Park Plaza, Newark, NJ, USA, 07102

Website

https://investor.pseg.com

Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and PSEG Power, which owns all or a share of three nuclear plans and clean energy projects. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4.3 million customers. Public Service Enterprise Group also operates the Long Island Power Authority system. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.

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