Public Service Enterprise Group (LTS:0KS2) Tax Rate % : 15.42% (As of Mar. 2024)

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What is Public Service Enterprise Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Public Service Enterprise Group's Tax Expense for the three months ended in Mar. 2024 was $97 Mil. Public Service Enterprise Group's Pre-Tax Income for the three months ended in Mar. 2024 was $629 Mil. Therefore, Public Service Enterprise Group's Tax Rate % for the quarter that ended in Mar. 2024 was 15.42%.

Public Service Enterprise Group Tax Rate % Historical Data

The historical data trend for Public Service Enterprise Group's Tax Rate % 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 Tax Rate % Chart

Public Service Enterprise Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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13.18

17.21

40.50

-2.89

16.81

Public Service Enterprise Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															18.80	20.56	-113.85	20.52	15.42

Public Service Enterprise Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Public Service Enterprise Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	518	/	3081
	=	16.81 %

Public Service Enterprise Group's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	97	/	629
	=	15.42 %

Public Service Enterprise Group Tax Rate % Related Terms

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Public Service Enterprise Group (LTS:0KS2) Business Description

Industry

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

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Traded in Other Exchanges

PEG:USA PSE:Germany PSE:Germany P1EG34:Brazil

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 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 4.2 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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