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Public Service Enterprise Group (MEX:PEG) Pretax Margin % : 21.16% (As of Sep. 2024)


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What is Public Service Enterprise Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Public Service Enterprise Group's Pre-Tax Income for the three months ended in Sep. 2024 was MXN11,007 Mil. Public Service Enterprise Group's Revenue for the three months ended in Sep. 2024 was MXN52,022 Mil. Therefore, Public Service Enterprise Group's pretax margin for the quarter that ended in Sep. 2024 was 21.16%.

The historical rank and industry rank for Public Service Enterprise Group's Pretax Margin % or its related term are showing as below:

MEX:PEG' s Pretax Margin % Range Over the Past 10 Years
Min: -11.2   Med: 19.24   Max: 27.42
Current: 22.17


MEX:PEG's Pretax Margin % is ranked better than
79.41% of 505 companies
in the Utilities - Regulated industry
Industry Median: 10.81 vs MEX:PEG: 22.17

Public Service Enterprise Group Pretax Margin % Historical Data

The historical data trend for Public Service Enterprise Group's Pretax Margin % 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.

* Premium members only.

Public Service Enterprise Group Pretax Margin % Chart

Public Service Enterprise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.35 23.96 -11.20 10.22 27.42

Public Service Enterprise Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.65 26.37 22.79 18.04 21.16

Competitive Comparison of Public Service Enterprise Group's Pretax Margin %

For the Utilities - Regulated Electric subindustry, Public Service Enterprise Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Public Service Enterprise Group's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Public Service Enterprise Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Public Service Enterprise Group's Pretax Margin % falls into.



Public Service Enterprise Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Public Service Enterprise Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=52297.658/190739.625
=27.42 %

Public Service Enterprise Group's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=11006.878/52021.773
=21.16 %

* 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.


Public Service Enterprise Group  (MEX:PEG) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Public Service Enterprise Group Pretax Margin % Related Terms

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Public Service Enterprise Group Business Description

Traded in Other Exchanges
Address
80 Park Plaza, Newark, NJ, USA, 07102
Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and other nonregulated businesses such as nuclear power generation 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.