Public Service Enterprise (PEG) Operating Expenses (2009 - 2026)
Public Service Enterprise's Operating Expenses came in at $2.09 billion for Q2 2026, up 5.3% from $1.99 billion a year earlier but down 24.5% from the prior quarter.
Public Service Enterprise (PEG) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Public Service Enterprise reported Operating Expenses of $9.64 billion, up 14.3% year-over-year; for FY2025, it was $9.19 billion, up 15.8% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $7.94 billion in FY2024 (+5.1%), $7.55 billion in FY2023 (-10.3%), $8.42 billion in FY2022 (-20.4%) and $10.58 billion in FY2021 (+44.3%).
- The five-year range for quarterly Operating Expenses is $1.63 billion (Q2 2023) to $4.11 billion (Q3 2021).
- Year-over-year, Operating Expenses has increased for nine consecutive quarters, with growth averaging 11.6% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2021 (growth of 136.5%), and the weakest in Q3 2022 (a decline of 48.9%).
- Business Quant data shows PEG's Operating Expenses at $2.77 billion (Q1 2026), $2.4 billion (Q4 2025) and $2.37 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 5.29 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 5.20 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 6.84 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 4.20 Bn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 4.15 Bn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 1.35 Bn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 2.67 Bn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 2.41 Bn |
| 10 | Public Service Enterprise | 35.07 Bn | 34.01 Bn | 1.86 Bn | 2.09 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.09 Bn |
| Mar 31, 2026 | 2.77 Bn |
| Dec 31, 2025 | 2.40 Bn |
| Sep 30, 2025 | 2.37 Bn |
| Jun 30, 2025 | 1.99 Bn |
| Mar 31, 2025 | 2.43 Bn |
| Dec 31, 2024 | 2.02 Bn |
| Sep 30, 2024 | 2.00 Bn |
| Jun 30, 2024 | 1.84 Bn |
| Mar 31, 2024 | 2.08 Bn |
| Dec 31, 2023 | 1.91 Bn |
| Sep 30, 2023 | 1.91 Bn |
| Jun 30, 2023 | 1.63 Bn |
| Mar 31, 2023 | 2.11 Bn |
| Dec 31, 2022 | 2.18 Bn |
| Sep 30, 2022 | 2.10 Bn |
| Jun 30, 2022 | 1.78 Bn |
| Mar 31, 2022 | 2.37 Bn |
| Dec 31, 2021 | 2.15 Bn |
| Sep 30, 2021 | 4.11 Bn |
Public Service Enterprise Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PEG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PEG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();