Strong Revenue Growth
Revenue increased 19.4% year-over-year from $3.22B to $3.85B in Q1 FY2026, reflecting solid demand across PEG's utility operations and favorable rate conditions.
来源: 10-Q Income Statement, Q1 FY2026
该报告暂无中文版，以下为英文版分析。
按公开的固定规则计算，不是模型的主观判断——但其中一项输入（高等级风险的条数）取自下方的 AI 分析。
非投资建议，也不是目标价——评的是本季基本面，不是股价。 完整方法论 →
AI核心结论
PEG delivered strong Q1 FY2026 results with revenue surging 19.4% year-over-year to $3.85B and net income rising 25.8% to $741M, driven by robust operating performance and expanding margins.
营收
38.48亿美元
同比 +19.43%
每股收益（稀释）
1.48美元
同比 +25.42%
营业利润
10.75亿美元
同比 +34.88%
SEC XBRL 原值
PEG Q1 FY2026 营收 38.48亿美元，同比增长 19.4%。 营业利润率 27.9%，较去年同期的 24.7% 扩大 3.2 个百分点。 经营活动现金流 12.71亿美元，同比增长 21.2%。 PEG 的财年 Q1 FY2026 对应日历 Q1 2026。
近 4 个季度：4 次超预期
| 季度 | 实际 EPS（美元） | 市场预期（美元） | 结果 |
|---|---|---|---|
| 2026年6月 | 0.86 | 0.81 | 超预期 +6.5% |
| 2026年3月本次财报 | 1.55 | 1.45 | 超预期 +6.9% |
| 2025年12月 | 0.72 | 0.72 | 超预期 +0.3% |
| 2025年9月 | 1.13 | 1.03 | 超预期 +10.1% |
2026年3月 调整后（非 GAAP） EPS 1.55美元，分析师一致预期 1.45美元，超预期 +6.9%。 分析师一致预期按市场通行的调整后（非 GAAP）口径。本季 GAAP 稀释每股收益为 1.48美元。
由 AI 基于本次 SEC 报告整理
Revenue increased 19.4% year-over-year from $3.22B to $3.85B in Q1 FY2026, reflecting solid demand across PEG's utility operations and favorable rate conditions.
来源: 10-Q Income Statement, Q1 FY2026
Operating margin expanded approximately 320 basis points year-over-year from 24.7% to 27.9%, indicating improved cost efficiency and operating leverage within the business.
来源: 10-Q Income Statement, Q1 FY2026
Operating cash flow grew 21.2% year-over-year to $1.27B, outpacing revenue growth and demonstrating strong cash conversion from earnings, which supports ongoing capital investment programs.
来源: 10-Q Cash Flow Statement, Q1 FY2026
Current liabilities declined 21.8% year-over-year to $4.55B, improving the near-term liability profile, though the current ratio remains slightly below 1.0 at 0.97, indicating current liabilities still modestly exceed current assets.
来源: 10-Q Balance Sheet, Q1 FY2026
Investing cash outflows increased 19.1% year-over-year to -$736M, consistent with a regulated utility's ongoing infrastructure investment and capital expenditure programs to support grid modernization and reliability.
来源: 10-Q Cash Flow Statement, Q1 FY2026
由 AI 基于本次 SEC 报告整理 · 高 2 中 3 低 0
PEG carries $23.09B in long-term debt, representing a substantial leverage position relative to its asset base of $57.95B. Rising interest rates could increase refinancing costs and pressure future earnings. Sustained capital investment needs may require additional debt issuance.
来源: 10-Q Balance Sheet, Q1 FY2026
The current ratio stands at 0.97, meaning current liabilities of $4.55B slightly exceed current assets of $4.41B. Cash and equivalents declined sharply by 54.8% year-over-year to just $404M, reducing the immediate liquidity buffer available to the company.
来源: 10-Q Balance Sheet, Q1 FY2026
As a regulated utility, PEG's revenue and profitability are subject to rate decisions by state and federal regulators. Unfavorable rate outcomes or delays in rate case approvals could limit revenue growth and compress margins in future periods.
来源: 10-Q Income Statement, Q1 FY2026
Investing cash outflows of -$736M in Q1 FY2026 reflect significant ongoing infrastructure spending. Continued high capex requirements may constrain free cash flow and necessitate external financing, increasing financial risk over time.
来源: 10-Q Cash Flow Statement, Q1 FY2026
Financing cash flow swung dramatically from +$345M in Q1 FY2025 to -$263M in Q1 FY2026, a 176.2% change, suggesting a shift from net debt/equity issuance to net repayments or dividend outflows that could tighten available capital.
来源: 10-Q Cash Flow Statement, Q1 FY2026
| 指标 | 当期 | 上期 | 同比变化 |
|---|---|---|---|
营收 亿美元 | 38.48 亿美元 | 32.22 亿美元 | +19.43% |
营业利润 亿美元 | 10.75 亿美元 | 7.97 亿美元 | +34.88% |
净利润 亿美元 | 7.41 亿美元 | 5.89 亿美元 | +25.81% |
每股收益（基本） 美元 | 1.48 美元 | 1.18 美元 | +25.42% |
每股收益（稀释） 美元 | 1.48 美元 | 1.18 美元 | +25.42% |
答案基于本次 SEC 报告与本页数据