FE · Firstenergy Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.20B | - | $4.15B | $3.38B | $3.77B | - | $3.73B | $3.28B | $3.29B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $3.37B | - | $3.32B | $2.73B | $3.01B | - | $3.00B | $2.86B | $2.67B | - |
| D&A | $421.00M | - | $417.00M | $415.00M | $411.00M | - | $400.00M | $397.00M | $381.00M | - |
| Operating Income | $828.00M | - | $830.00M | $646.00M | $754.00M | - | $727.00M | $423.00M | $612.00M | - |
| Interest Expense | $326.00M | - | $312.00M | $299.00M | $305.00M | - | $289.00M | $285.00M | $305.00M | - |
| Income Tax | $138.00M | - | $78.00M | $88.00M | $126.00M | - | $94.00M | $65.00M | $135.00M | - |
| Net Income | $405.00M | - | $441.00M | $268.00M | $360.00M | - | $419.00M | $45.00M | $253.00M | - |
| EPS - Basic | $0.70 | - | $0.76 | $0.46 | $0.62 | - | $0.73 | $0.08 | $0.44 | - |
| EPS - Diluted | $0.70 | - | $0.76 | $0.46 | $0.62 | - | $0.73 | $0.08 | $0.44 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $52.00M | $57.00M | $1.40B | $569.00M | $132.00M | $111.00M | $439.00M | $60.00M | $888.00M | $137.00M |
| Accounts Receivable | $1.65B | $1.73B | $1.52B | $1.60B | $1.57B | $1.53B | $1.51B | $1.50B | $1.36B | $1.32B |
| Inventory | $582.00M | $577.00M | $578.00M | $595.00M | $567.00M | $549.00M | $536.00M | $536.00M | $538.00M | $512.00M |
| Accounts Payable | $2.03B | $2.00B | $1.64B | $1.83B | $1.52B | $1.57B | $1.52B | $1.48B | $1.38B | $1.36B |
| Current Assets | $3.05B | $2.98B | $4.21B | $3.47B | $2.96B | $2.78B | $3.07B | $3.26B | $4.06B | $2.57B |
| Total Assets | $56.92B | $55.90B | $55.88B | $54.23B | $52.77B | $52.04B | $50.76B | $51.02B | $51.30B | $48.77B |
| Current Liabilities | $5.84B | $5.27B | $5.63B | $5.65B | $7.11B | $5.00B | $5.47B | $6.36B | $6.27B | $5.39B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $42.81B | $41.98B | $41.70B | $40.06B | $38.91B | $38.32B | $37.06B | $37.29B | $37.69B | $37.85B |
| Stockholders' Equity | $12.65B | $12.51B | $12.80B | $12.85B | $12.57B | $12.46B | $12.43B | $12.47B | $12.40B | $10.44B |
| Retained Earnings | $171.00M | $35.00M | $340.00M | $414.00M | $146.00M | $43.00M | $27.00M | $45.00M | $0 | ($97.00M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $148.00M | - | - | - | $637.00M | - | - | - | ($40.00M) | - |
| Investing Cash Flow | ($1.37B) | - | - | - | ($1.09B) | - | - | - | ($870.00M) | - |
| Financing Cash Flow | $1.21B | - | - | - | $465.00M | - | - | - | $1.65B | - |
| CapEx | $1.25B | - | - | - | $1.00B | - | $1.00B | $942.00M | $790.00M | - |
| Free Cash Flow | ($1.11B) | - | - | - | ($368.00M) | - | - | - | ($830.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 19.7% | - | 20.0% | 19.1% | 20.0% | - | 19.5% | 12.9% | 18.6% | - |
| EBITDA margin | 29.7% | - | 30.1% | 31.4% | 30.9% | - | 30.2% | 25.0% | 30.2% | - |
| Net margin | 9.6% | - | 10.6% | 7.9% | 9.6% | - | 11.2% | 1.4% | 7.7% | - |
| Free cash flow margin | -26.3% | - | - | - | -9.8% | - | - | - | -25.3% | - |
| FCF / Net income | -2.73 | - | - | - | -1.02 | - | - | - | -3.28 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 25.4% | - | 15.0% | 24.7% | 25.9% | - | 18.3% | 59.1% | 34.8% | - |
| Return on assets | 0.7% | - | 0.8% | 0.5% | 0.7% | - | 0.8% | 0.1% | 0.5% | - |
| Return on equity | 3.2% | - | 3.4% | 2.1% | 2.9% | - | 3.4% | 0.4% | 2.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.52 | 0.57 | 0.75 | 0.61 | 0.42 | 0.56 | 0.56 | 0.51 | 0.65 | 0.48 |
| Quick ratio | 0.42 | 0.46 | 0.64 | 0.51 | 0.34 | 0.45 | 0.46 | 0.43 | 0.56 | 0.38 |
| Cash ratio | 0.01 | 0.01 | 0.25 | 0.10 | 0.02 | 0.02 | 0.08 | 0.01 | 0.14 | 0.03 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 2.5x | - | 2.7x | 2.2x | 2.5x | - | 2.5x | 1.5x | 2.0x | - |
| Equity multiplier | 4.50 | 4.47 | 4.37 | 4.22 | 4.20 | 4.18 | 4.08 | 4.09 | 4.14 | 4.67 |
| Liabilities / Assets | 0.75 | 0.75 | 0.75 | 0.74 | 0.74 | 0.74 | 0.73 | 0.73 | 0.73 | 0.78 |
| Efficiency | ||||||||||
| Asset turnover | 0.07 | - | 0.07 | 0.06 | 0.07 | - | 0.07 | 0.06 | 0.06 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 143d | - | 134d | 172d | 153d | - | 148d | 167d | 152d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 72.4x | - | 60.3x | 87.5x | 65.2x | - | 60.8x | 478.4x | 87.8x | - |
| P / B | 2.3x | - | 2.1x | 1.8x | 1.9x | - | 2.1x | 1.8x | 1.8x | - |
| P / S | 7.0x | - | 6.4x | 6.9x | 6.2x | - | 6.9x | 6.7x | 6.8x | - |
| EV / EBITDA | 23.5x | - | 20.1x | 21.4x | 19.9x | - | 22.3x | 26.8x | 21.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 11.6% | - | 11.2% | 3.0% | 14.5% | - | 6.9% | 9.1% | 1.7% | - |
| Revenue CAGR (3y) | 9.2% | - | 6.1% | 6.2% | 8.0% | - | 6.1% | 7.7% | 6.2% | - |
| Revenue CAGR (5y) | 8.9% | - | 6.5% | 6.0% | 6.8% | - | 4.7% | 5.4% | 2.7% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 9.8% | - | 14.2% | 52.7% | 23.2% | - | 9.2% | -12.1% | 11.1% | - |
| Net income growth (YoY) | 12.5% | - | 5.3% | 495.6% | 42.3% | - | 4.8% | -80.9% | -13.4% | - |
| EPS growth (YoY) | 12.9% | - | 4.1% | 475.0% | 40.9% | - | 5.8% | -80.5% | -13.7% | - |
| EPS CAGR (3y) | 11.1% | - | 9.4% | 11.7% | 7.4% | - | -4.9% | -10.1% | -10.8% | - |
| EPS CAGR (5y) | 2.5% | - | -2.0% | -4.2% | 34.7% | - | 0.3% | -32.7% | -5.7% | - |
| FCF growth (YoY) | -200.8% | - | - | - | 55.7% | - | - | - | -9.1% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 0.7% | 0.4% | 3.0% | 3.0% | 1.4% | 19.3% | 18.6% | 18.7% | 20.9% | 2.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$23.22B totalRegulated Distribution$7.55B · 32.5%
Integrated Segment$5.68B · 24.5%
Integrated$5.68B · 24.5%
Stand Alone Transmission Segment$1.91B · 8.2%
Regulated Transmission$1.89B · 8.1%
Transmission$259.00M · 1.1%
Transmission Segment$259.00M · 1.1%
Product / service
$15.11B totalElectricity Us Regulated$12.19B · 80.7%
Electric Transmission$2.31B · 15.3%
Electric Worldwide Unregulated Revenue$590.00M · 3.9%
Product And Service Other$82.00M · 0.5%
Eliminations And Reconciling Adjustments($63.00M) · -0.4%
Peer comparison
Same SIC group: Electric Services
Comparing FIRSTENERGY CORP against the 5 most active filers in the same SIC group.
Dividends
$1.80/share trailing 12 months · +4.7% YoY
| Ex-date | Per share |
|---|---|
| May 7, 2026 | $0.4650 |
| Feb 6, 2026 | $0.4450 |
| Nov 7, 2025 | $0.4450 |
| Aug 7, 2025 | $0.4450 |
| May 7, 2025 | $0.4450 |
| Feb 7, 2025 | $0.4250 |
| Nov 7, 2024 | $0.4250 |
| Aug 7, 2024 | $0.4250 |
| May 6, 2024 | $0.4250 |
| Feb 6, 2024 | $0.4100 |
| Nov 6, 2023 | $0.4100 |
| Aug 4, 2023 | $0.3900 |
| May 4, 2023 | $0.3900 |
| Feb 6, 2023 | $0.3900 |
| Nov 4, 2022 | $0.3900 |
| Aug 4, 2022 | $0.3900 |
| May 5, 2022 | $0.3900 |
| Feb 4, 2022 | $0.3900 |
| Nov 4, 2021 | $0.3900 |
| Aug 5, 2021 | $0.3900 |
| May 6, 2021 | $0.3900 |
| Feb 4, 2021 | $0.3900 |
| Nov 5, 2020 | $0.3900 |
| Aug 6, 2020 | $0.3900 |