Friday 6 November 2026 Export FE’s income statement to Excel — free account

FirstEnergy Corporation

FE Utilities Utilities Regulated Electric

FirstEnergy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $15.1 billion, up 12.0% from fiscal 2024.

Revenue: +9.86%
EPS: +26.3%
Free cash flow: −44.5%
Total debt: +9.40%

Quarter to September 2026, against a year earlier

47.04 0.14 −0.30%

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Market cap: $27.3B
P/E: 22.6×
Fwd P/E: 17.1×
Dividend yield: 4.86%
F-score: 5/9
Altman Z: 0.72
Beneish M: −2.58
Dividend safety: 16/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	0.00	0.00	18.23	28.59	15.31	17.70	59.20	19.48	23.40	25.44
Piotroski F-Score Full definition →	3	6	6	4	6	5	5	5	6	5
P/S ratio Full definition →	1.23	1.25	1.64	2.36	1.54	2.04	1.93	1.67	1.70	1.71
Altman Z-Score Full definition →	0.36	0.43	0.58	0.70	0.54	0.66	0.74	0.68	0.72	0.72
Altman Z″-Score (non-manufacturers) Full definition →	(0.48)	(0.15)	(0.13)	(0.07)	0.13	0.22	0.29	0.23	0.41	0.35
P/FCF ratio Full definition →	23.42	8.50	0.00	0.00	0.00	69.96	0.00	0.00	0.00	0.00
Beneish M-Score Full definition →	(2.82)	(3.01)	(2.57)	(2.79)	(2.51)	(2.74)	(2.40)	(2.51)	(2.52)	(2.58)
P/Operating CF Full definition →	16.67	13.08	21.68	35.62	29.00	32.06	28.37	22.37	21.91	22.74
Dividend Safety Score Full definition →	—	—	—	—	—	—	—	—	—	16
P/B ratio Full definition →	2.11	3.49	2.74	3.73	2.29	2.61	2.25	1.96	1.67	1.86
Price to Tangible BV Full definition →	21.16	0.00	16.42	19.16	10.25	7.41	4.78	4.05	2.82	3.11
EV/Sales Full definition →	3.32	2.98	3.33	4.20	3.64	4.04	3.65	3.59	3.47	3.47
EV/EBITDA Full definition →	8.82	7.89	9.66	12.43	11.68	13.28	14.08	13.07	11.62	13.91
EV/Operating CF Full definition →	10.50	8.56	26.63	18.78	27.59	16.01	16.94	33.28	16.17	14.13
EV/FCF Full definition →	63.12	20.25	(44.70)	(233.94)	(31.82)	138.92	(275.44)	(23.44)	(41.04)	(52.03)
Quick Ratio Full definition →	0.25	0.51	0.42	0.41	0.65	0.63	0.45	0.33	0.40	0.40
Current Ratio Full definition →	0.41	0.76	0.52	0.50	0.74	0.73	0.61	0.48	0.56	0.57
Net Debt/EBITDA Full definition →	5.55	4.58	4.91	5.45	6.75	6.59	6.65	7.00	5.94	7.04
Debt/Assets Full definition →	52.27%	46.25%	48.68%	49.64%	55.05%	52.50%	46.96%	51.08%	46.16%	47.50%
Debt/Equity Full definition →	3.61	4.98	2.86	3.01	3.38	2.75	2.03	2.28	1.75	1.91
Asset Turnover Full definition →	0.22	0.26	0.27	0.27	0.25	0.25	0.27	0.27	0.27	0.28
Operating CF/Net income Full definition →	(0.55)	(2.21)	1.44	2.72	1.32	2.19	6.61	1.26	2.96	3.63
Capex/Depreciation Full definition →	(1.43)	(1.29)	(1.63)	(2.19)	(2.22)	(1.49)	(2.16)	(2.65)	(2.45)	(3.03)
Interest Coverage Full definition →	2.11	2.42	2.24	2.43	2.03	1.52	1.84	2.02	2.08	1.81
ROE Full definition →	(66.20%)	(33.92%)	18.39%	13.24%	15.18%	16.13%	4.20%	10.22%	7.94%	7.38%
ROA Full definition →	(12.97%)	(4.04%)	2.38%	2.20%	2.49%	2.85%	0.89%	2.32%	1.94%	1.89%
ROIC Full definition →	4.49%	6.65%	6.04%	5.75%	4.52%	3.48%	3.72%	3.97%	3.95%	3.41%
Return on Tangible Assets Full definition →	(24.50%)	(6.36%)	3.55%	3.11%	3.37%	3.82%	1.17%	3.10%	2.52%	2.42%
Average Days of Receivables Full definition →	55.09	48.50	48.98	42.80	48.68	41.94	46.02	44.92	49.66	48.88
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	8.53%	8.60%	8.82%	9.13%	9.69%	9.64%	9.06%	9.04%	9.00%	8.91%
Intangible Assets out of Total Assets Full definition →	0.13	0.13	0.14	0.13	0.13	0.12	0.12	0.12	0.11	0.10
Share Based Compensation of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	(2.69%)	(2.24%)	(0.07%)	(0.24%)	0.09%
Graham Net Nets Full definition →	(2.58)	(2.57)	(1.67)	(1.26)	(2.02)	(1.48)	(1.38)	(1.65)	(1.55)	(1.51)
Graham Number Full definition →	0.00	0.00	25.20	22.33	24.51	29.01	17.26	28.69	30.21	30.92
Earnings Yield Full definition →	(46.30%)	(12.59%)	5.49%	3.50%	6.53%	5.65%	1.69%	5.13%	4.27%	3.93%
Free Cash Flow Yield Full definition →	4.27%	11.76%	(4.55%)	(0.76%)	(7.44%)	1.43%	(0.69%)	(9.19%)	(4.98%)	(3.89%)
Revenue per Share Full definition →	25.12	24.61	22.89	20.63	19.91	20.43	21.82	22.46	23.43	26.15
Operating CF per Share Full definition →	7.94	8.58	2.87	4.61	2.63	5.16	4.70	2.42	5.03	6.41
Capex per Share Full definition →	(6.62)	(4.95)	(4.57)	(4.98)	(4.90)	(4.56)	(4.99)	(5.86)	(7.01)	(8.15)
Free Cash Flow per Share Full definition →	1.32	3.62	(1.71)	(0.37)	(2.28)	0.59	(0.29)	(3.44)	(1.98)	(1.74)
Cash per Share Full definition →	0.47	1.44	0.87	1.27	3.32	2.77	0.36	0.31	0.27	0.17
Shareholders Equity per Share Full definition →	14.65	8.84	13.85	13.04	13.35	15.92	18.64	19.05	23.86	24.14
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	14.65	8.84	13.85	13.04	13.35	15.92	18.64	19.05	23.86	24.14
Free Cash Flow Full definition →	563.00	1,609.00	(840.00)	(198.00)	(1,234.00)	324.00	(165.00)	(1,969.00)	(1,139.00)	(1,005.00)
Working Capital Full definition →	(4,176.00)	(1,003.00)	(2,242.00)	(2,418.00)	(1,290.00)	(1,179.00)	(1,543.00)	(2,818.00)	(2,221.00)	(2,292.00)
Capital Expenditures Full definition →	(2,820.00)	(2,199.00)	(2,250.00)	(2,665.00)	(2,657.00)	(2,487.00)	(2,848.00)	(3,356.00)	(4,030.00)	(4,705.00)
Net Current Asset Value Full definition →	(33,957.00)	(35,222.00)	(30,857.00)	(32,882.00)	(33,513.00)	(33,520.00)	(33,050.00)	(35,283.00)	(35,548.00)	(38,999.00)
EV/EBIT Full definition →	17.30	13.42	15.01	18.45	18.16	26.08	23.79	20.37	19.68	23.70
Capex to Sales Full definition →	0.26	0.20	0.20	0.24	0.25	0.22	0.23	0.26	0.30	0.31
Price to Operating Income Full definition →	6.42	5.64	7.38	10.36	7.67	13.13	12.57	9.46	9.63	11.71
Other line items
Depreciation/Fixed assets Full definition →	0.07	0.06	0.05	0.04	0.04	0.05	0.04	0.03	0.04	0.04
Cash ROIC Full definition →	1.94%	6.67%	(3.14%)	(0.69%)	(3.68%)	0.95%	(0.51%)	(5.47%)	(3.01%)	(2.48%)
Accounts Receivable Turnover Full definition →	6.67	7.13	7.60	7.87	7.90	8.19	8.74	8.16	7.89	7.83
Accounts Payable Turnover Full definition →	3.66	3.66	4.07	3.48	3.35	3.89	3.76	3.24	2.98	2.93
Inventory Turnover Full definition →	5.75	8.56	14.95	12.85	10.27	11.94	13.49	9.96	8.25	9.30
Average Days of Payables Full definition →	98.09	88.18	96.58	107.13	98.32	99.91	119.44	107.00	131.37	139.59
Days of Inventory on Hand Full definition →	53.04	25.17	25.22	29.95	37.69	27.55	33.46	40.22	45.79	40.23
Average Receivables Full definition →	1,605.00	1,533.50	1,481.50	1,402.50	1,366.50	1,359.00	1,425.00	1,577.50	1,708.50	1,927.00
Average Payables Full definition →	1,059.00	935.00	896.00	985.00	916.00	885.00	1,223.00	1,432.50	1,468.50	1,788.50
Average Inventory Full definition →	674.50	400.00	244.00	266.50	299.00	288.50	340.50	466.50	530.50	563.00
Average Assets Full definition →	47,621.00	42,702.50	41,160.00	41,182.00	43,382.50	44,948.00	45,770.00	47,437.50	50,405.50	53,974.00
Average Common Equity Full definition →	9,331.50	5,083.00	5,334.00	6,859.00	7,106.00	7,956.00	9,659.00	10,779.50	12,318.00	13,823.00

Show all line items

Columns are period end dates · fundamentals updated 5 Nov 2026

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