FirstEnergy
FE
44.58
+0.32
+0.72%
FirstEnergy
US · FE
#786 by market cap
Listed 1970
44.58
+0.32
+0.72%
Live - 5344 symbols - heartbeat 97s ago
· 2026-10-08 08:29
Pre-market
44.25
-0.73%
After-hours
44.58
0.00%
Overnight
44.53
-0.11%
- Market cap
- 25.80B
- P/E (TTM)i
- 23.84
- P/Bi
- 1.99
- EPSi
- 1.76
- Div yieldi
- 4.04%
- 52W posi
- 23%
Reader sentiment
Are you bullish or bearish on FE?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.76, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +12.01% YoY
Margins
- Gross margin
- 65.31%
- Operating margin
- 18.77%
- Net margin
- 6.76%
Key ratios & quality
- Enterprise valuei
- 52.29B
- PEG ratioi
- 0.66
- Altman Z-Scorei
- 0.76
PEG uses trailing P/E against the 3-year net income growth rate (35.94%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.26B | 11.04B | 10.79B | 11.13B | 12.46B | 12.87B | 13.47B | 15.09B |
| Gross profit | 7.61B | 7.61B | 7.72B | 7.69B | 7.87B | 8.22B | 9.10B | 9.86B |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 2.50B | 2.51B | 2.16B | 1.85B | 1.91B | 2.28B | 2.49B | 2.83B |
| Pretax profit | 1.51B | 1.12B | 1.13B | 1.56B | 1.44B | 1.46B | 1.50B | 1.56B |
| Tax | 490.00M | 213.00M | 126.00M | 320.00M | 1.00B | 267.00M | 377.00M | 288.00M |
| Net profit | 1.35B | 912.00M | 1.08B | 1.28B | 439.00M | 1.18B | 1.13B | 1.27B |
| Basic EPS | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 2 |
| Diluted EPS | 1.99 | 1.68 | 1.99 | 2.35 | 0.71 | 1.92 | 1.70 | 1.76 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 3.77B | 3.38B | 4.15B | 3.80B | 4.20B | 3.68B |
| Gross profit | 2.53B | 2.26B | 2.64B | 2.42B | 2.61B | 2.37B |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 754.00M | 547.00M | 830.00M | 603.00M | 828.00M | 452.00M |
| Pretax profit | 540.00M | 406.00M | 610.00M | 3.00M | 604.00M | 444.00M |
| Tax | 126.00M | 88.00M | 78.00M | -4.00M | 138.00M | 92.00M |
| Net profit | 414.00M | 318.00M | 532.00M | 7.00M | 466.00M | 352.00M |
| Basic EPS | 1 | 0 | 1 | 0 | 1 | 1 |
| Diluted EPS | 0.62 | 0.46 | 0.76 | -0.09 | 0.70 | 0.50 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 2.39B | 2.44B | 3.71B | 3.24B | 2.42B | 2.57B | 2.78B | 2.98B |
| Cash & ST investments | 367.00M | 627.00M | 1.73B | 1.46B | 160.00M | 137.00M | 111.00M | 57.00M |
| Inventory | 252.00M | 281.00M | 317.00M | 260.00M | 421.00M | 512.00M | 549.00M | 577.00M |
| Total assets | 40.06B | 42.30B | 44.46B | 45.43B | 46.11B | 48.77B | 52.04B | 55.90B |
| Total current liabilities | 4.63B | 4.86B | 5.00B | 4.42B | 3.96B | 5.39B | 5.00B | 5.27B |
| Short-term debt | 1.75B | 1.38B | 2.35B | 1.61B | 451.00M | 2.03B | 1.53B | 1.05B |
| Long-term debt | 17.75B | 19.62B | 22.13B | 22.25B | 21.20B | 22.89B | 22.50B | 25.51B |
| Total liabilities | 33,249,000,000.00 | 35,326,000,000.00 | 37,227,000,000.00 | 36,757,000,000.00 | 35,465,000,000.00 | 37,851,000,000.00 | 38,324,000,000.00 | 41,978,000,000.00 |
| Total equity | 6.81B | 6.98B | 7.24B | 8.68B | 10.64B | 10.92B | 13.72B | 13.93B |
| Retained earnings | -4.88B | -3.97B | -2.89B | -1.61B | -1.20B | -97.00M | 43.00M | 35.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 2.96B | 3.47B | 4.21B | 2.98B | 3.05B | 3.21B |
| Cash & ST investments | 132.00M | 569.00M | 1.40B | 57.00M | 52.00M | 63.00M |
| Inventory | 567.00M | 595.00M | 578.00M | 577.00M | 582.00M | 559.00M |
| Total assets | 52.77B | 54.23B | 55.88B | 55.90B | 56.92B | 58.22B |
| Total current liabilities | 7.11B | 5.65B | 5.63B | 5.27B | 5.84B | 5.93B |
| Short-term debt | 3.56B | 2.07B | 1.96B | 1.05B | 1.73B | 1.88B |
| Long-term debt | 21.22B | 23.75B | 25.51B | 25.51B | 26.33B | 27.10B |
| Total liabilities | 38,909,000,000.00 | 40,059,000,000.00 | 41,700,000,000.00 | 41,978,000,000.00 | 42,811,000,000.00 | 43,795,000,000.00 |
| Total equity | 13.86B | 14.17B | 14.18B | 13.93B | 14.11B | 14.43B |
| Retained earnings | 146.00M | 414.00M | 340.00M | 35.00M | 171.00M | 459.00M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.41B | 2.47B | 1.42B | 2.81B | 2.68B | 1.39B | 2.89B | 3.70B |
| Depreciation & amortization | 1.38B | 1.22B | 1.20B | 1.66B | 1.32B | 1.26B | 1.45B | 1.61B |
| Free cash flow | -1.27B | -198.00M | -1.23B | 2.81B | -165.00M | -1.97B | -1.14B | -1.01B |
| Dividends paid | -772.00M | -820.00M | -845.00M | -849.00M | -891.00M | -906.00M | -970.00M | -1.02B |
| Stock buybacks / issuance | 850.00M | 0 | 0 | 1.00B | -- | -- | -- | -- |
| Ending cash balance | 429.00M | 679.00M | 1.80B | 1.51B | 206.00M | 179.00M | 154.00M | 99.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 637.00M | 1.08B | 845.00M | 1.14B | 148.00M | 989.00M |
| Depreciation & amortization | 408.00M | 363.00M | 499.00M | 337.00M | 117.00M | 475.00M |
| Free cash flow | -368.00M | -136.00M | -471.00M | -30.00M | -1.11B | -356.00M |
| Dividends paid | -245.00M | -257.00M | -257.00M | -257.00M | -257.00M | -269.00M |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 163.00M | 614.00M | 1.43B | 99.00M | 80.00M | 191.00M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 18.39 | 13.24 | 15.18 | 16.13 | 4.31 | 10.70 | 8.54 | 8.17 |
| ROA %i | 2.38 | 2.20 | 2.49 | 2.85 | 0.89 | 2.32 | 1.94 | 1.89 |
| ROIC %i | 6.42 | 6.22 | 6.56 | 6.63 | 3.46 | 5.78 | 4.83 | 4.93 |
| 5-year avg ROE %i | -14.94 | -12.77 | -10.66 | 5.80 | 13.45 | 11.91 | 10.97 | 9.57 |
| EBIT margin %i | 22.76 | 18.84 | 19.62 | 23.58 | 19.22 | 19.36 | 18.67 | 17.17 |
| FCF / sales %i | -- | -- | -- | 3.29 | -- | 10.78 | -- | -- |
| Current ratioi | 0.52 | 0.50 | 0.74 | 0.73 | 0.61 | 0.48 | 0.56 | 0.57 |
| Quick ratioi | 0.41 | 0.40 | 0.63 | 0.62 | 0.44 | 0.32 | 0.39 | 0.39 |
| Debt / assetsi | 48.68 | 49.64 | 55.05 | 52.50 | 46.96 | 51.08 | 46.16 | 47.50 |
| LT debt / equityi | 263.25 | 281.26 | 305.80 | 256.46 | 208.57 | 219.27 | 180.62 | 203.90 |
| Interest coveragei | 2.44 | 2.16 | 2.14 | 2.46 | 2.51 | 2.43 | 2.49 | 2.51 |
| Revenue CAGR (3Y) %i | -9.17 | 1.03 | -0.42 | -0.38 | 4.13 | 6.05 | 6.57 | 6.59 |
| Net income CAGR (3Y) %i | 32.61 | -- | -- | -1.63 | -23.64 | 0.71 | -8.65 | 35.94 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 8.69 | 10.33 | 10.55 | 8.17 | 8.45 | 8.42 |
| ROA %i | 2.09 | 2.49 | 2.49 | 1.89 | 1.94 | 1.93 |
| ROIC %i | 4.98 | 5.57 | 5.61 | 4.93 | 4.93 | 4.89 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 18.84 | 20.44 | 20.33 | 17.17 | 17.24 | 17.33 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.42 | 0.61 | 0.75 | 0.57 | 0.52 | 0.54 |
| Quick ratioi | 0.28 | 0.44 | 0.58 | 0.39 | 0.35 | 0.35 |
| Debt / assetsi | 46.97 | 47.61 | 49.16 | 47.50 | 49.30 | 49.78 |
| LT debt / equityi | 168.88 | 184.78 | 199.33 | 203.90 | 208.08 | 209.52 |
| Interest coveragei | 2.67 | 2.91 | 2.92 | 2.51 | 2.54 | 2.54 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Distribution is the largest reported line at 46.60% of revenue, across 5 reported segments.
- Integrated follows at 38.99%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Distribution46.60%
Integrated38.99%
Stand-Alone Transmission14.79%
Corporate/ Other0.11%
Quote time 2026-10-08 08:29:04 · For reference only, not investment advice and not tailored to your situation.