Public Service Enterprise Group — Earnings Quality Grade F
PEG · Utilities
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 57 days, change -0 days YoY
AR growth 18.2% vs revenue growth 18.3%
Revenue 18.3%, CFFO 54.6%. Cash follows revenue
Expense Quality
Inventory 2.8% vs COGS 17.4%. Normal
CapEx growth -3.2% vs revenue 18.3%. Normal
Insufficient data
Gross margin 34.8%, change +0.5pp. Stable
Cash Flow Quality
CFFO/NI = 1.56. Profits backed by cash
FCF < 50% of Net Income for 3 years
Accruals ratio = -2.1%. Low accruals
Cash $0.1B covers only 1% of debt $24.2B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 5.0x (>4x). Financial stress
Other assets 7.2% vs revenue 18.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
Insufficient data
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10