Saturday 17 October 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. In the quarter to June 2026, revenue grew 8.82%, EPS grew 8.70%, free cash flow fell 143.8% and total debt rose 12.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five.
46.19
0.64
+1.41%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
25.44 | 23.40 | 19.48 | 59.20 | 17.70 | 15.31 | 28.59 | 18.23 | 0.00 | 0.00 |
Piotroski F-Score |
5 | 6 | 5 | 5 | 5 | 6 | 4 | 6 | 6 | 3 |
P/S ratio |
1.71 | 1.70 | 1.67 | 1.93 | 2.04 | 1.54 | 2.36 | 1.64 | 1.25 | 1.23 |
Altman Z-Score |
0.72 | 0.72 | 0.68 | 0.74 | 0.66 | 0.54 | 0.70 | 0.58 | 0.43 | 0.36 |
Altman Z″-Score (non-manufacturers) |
0.35 | 0.41 | 0.23 | 0.29 | 0.22 | 0.13 | (0.07) | (0.13) | (0.15) | (0.48) |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 69.96 | 0.00 | 0.00 | 0.00 | 8.50 | 23.42 |
Beneish M-Score |
(2.58) | (2.52) | (2.51) | (2.40) | (2.74) | (2.51) | (2.79) | (2.57) | (3.01) | (2.82) |
P/Operating CF |
22.74 | 21.91 | 22.37 | 28.37 | 32.06 | 29.00 | 35.62 | 21.68 | 13.08 | 16.67 |
Dividend Safety Score |
16 | — | — | — | — | — | — | — | — | — |
P/B ratio |
1.86 | 1.67 | 1.96 | 2.25 | 2.61 | 2.29 | 3.73 | 2.74 | 3.49 | 2.11 |
Price to Tangible BV |
3.11 | 2.82 | 4.05 | 4.78 | 7.41 | 10.25 | 19.16 | 16.42 | 0.00 | 21.16 |
EV/Sales |
3.47 | 3.47 | 3.59 | 3.65 | 4.04 | 3.64 | 4.20 | 3.33 | 2.98 | 3.32 |
EV/EBITDA |
13.91 | 11.62 | 13.07 | 14.08 | 13.28 | 11.68 | 12.43 | 9.66 | 7.89 | 8.82 |
EV/Operating CF |
14.13 | 16.17 | 33.28 | 16.94 | 16.01 | 27.59 | 18.78 | 26.63 | 8.56 | 10.50 |
EV/FCF |
(52.03) | (41.04) | (23.44) | (275.44) | 138.92 | (31.82) | (233.94) | (44.70) | 20.25 | 63.12 |
Quick Ratio |
0.40 | 0.40 | 0.33 | 0.45 | 0.63 | 0.65 | 0.41 | 0.42 | 0.51 | 0.25 |
Current Ratio |
0.57 | 0.56 | 0.48 | 0.61 | 0.73 | 0.74 | 0.50 | 0.52 | 0.76 | 0.41 |
Net Debt/EBITDA |
7.04 | 5.94 | 7.00 | 6.65 | 6.59 | 6.75 | 5.45 | 4.91 | 4.58 | 5.55 |
Debt/Assets |
47.50% | 46.16% | 51.08% | 46.96% | 52.50% | 55.05% | 49.64% | 48.68% | 46.25% | 52.27% |
Debt/Equity |
1.91 | 1.75 | 2.28 | 2.03 | 2.75 | 3.38 | 3.01 | 2.86 | 4.98 | 3.61 |
Asset Turnover |
0.28 | 0.27 | 0.27 | 0.27 | 0.25 | 0.25 | 0.27 | 0.27 | 0.26 | 0.22 |
Operating CF/Net income |
3.63 | 2.96 | 1.26 | 6.61 | 2.19 | 1.32 | 2.72 | 1.44 | (2.21) | (0.55) |
Capex/Depreciation |
(3.03) | (2.45) | (2.65) | (2.16) | (1.49) | (2.22) | (2.19) | (1.63) | (1.29) | (1.43) |
Interest Coverage |
1.81 | 2.08 | 2.02 | 1.84 | 1.52 | 2.03 | 2.43 | 2.24 | 2.42 | 2.11 |
| 7.38% | 7.94% | 10.22% | 4.20% | 16.13% | 15.18% | 13.24% | 18.39% | (33.92%) | (66.20%) | |
| 1.89% | 1.94% | 2.32% | 0.89% | 2.85% | 2.49% | 2.20% | 2.38% | (4.04%) | (12.97%) | |
ROIC |
3.41% | 3.95% | 3.97% | 3.72% | 3.48% | 4.52% | 5.75% | 6.04% | 6.65% | 4.49% |
Return on Tangible Assets |
2.42% | 2.52% | 3.10% | 1.17% | 3.82% | 3.37% | 3.11% | 3.55% | (6.36%) | (24.50%) |
Average Days of Receivables |
48.88 | 49.66 | 44.92 | 46.02 | 41.94 | 48.68 | 42.80 | 48.98 | 48.50 | 55.09 |
Research and Development Expense of Revenue |
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 |
8.91% | 9.00% | 9.04% | 9.06% | 9.64% | 9.69% | 9.13% | 8.82% | 8.60% | 8.53% |
Intangible Assets out of Total Assets |
0.10 | 0.11 | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 | 0.14 | 0.13 | 0.13 |
Share Based Compensation of Revenue |
0.09% | (0.24%) | (0.07%) | (2.24%) | (2.69%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(1.51) | (1.55) | (1.65) | (1.38) | (1.48) | (2.02) | (1.26) | (1.67) | (2.57) | (2.58) |
Graham Number |
30.92 | 30.21 | 28.69 | 17.26 | 29.01 | 24.51 | 22.33 | 25.20 | 0.00 | 0.00 |
Earnings Yield |
3.93% | 4.27% | 5.13% | 1.69% | 5.65% | 6.53% | 3.50% | 5.49% | (12.59%) | (46.30%) |
Free Cash Flow Yield |
(3.89%) | (4.98%) | (9.19%) | (0.69%) | 1.43% | (7.44%) | (0.76%) | (4.55%) | 11.76% | 4.27% |
Revenue per Share |
26.15 | 23.43 | 22.46 | 21.82 | 20.43 | 19.91 | 20.63 | 22.89 | 24.61 | 25.12 |
Operating CF per Share |
6.41 | 5.03 | 2.42 | 4.70 | 5.16 | 2.63 | 4.61 | 2.87 | 8.58 | 7.94 |
Capex per Share |
(8.15) | (7.01) | (5.86) | (4.99) | (4.56) | (4.90) | (4.98) | (4.57) | (4.95) | (6.62) |
Free Cash Flow per Share |
(1.74) | (1.98) | (3.44) | (0.29) | 0.59 | (2.28) | (0.37) | (1.71) | 3.62 | 1.32 |
Cash per Share |
0.17 | 0.27 | 0.31 | 0.36 | 2.77 | 3.32 | 1.27 | 0.87 | 1.44 | 0.47 |
Shareholders Equity per Share |
24.14 | 23.86 | 19.05 | 18.64 | 15.92 | 13.35 | 13.04 | 13.85 | 8.84 | 14.65 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
24.14 | 23.86 | 19.05 | 18.64 | 15.92 | 13.35 | 13.04 | 13.85 | 8.84 | 14.65 |
Free Cash Flow |
(1,005.00) | (1,139.00) | (1,969.00) | (165.00) | 324.00 | (1,234.00) | (198.00) | (840.00) | 1,609.00 | 563.00 |
Working Capital |
(2,292.00) | (2,221.00) | (2,818.00) | (1,543.00) | (1,179.00) | (1,290.00) | (2,418.00) | (2,242.00) | (1,003.00) | (4,176.00) |
Capital Expenditures |
(4,705.00) | (4,030.00) | (3,356.00) | (2,848.00) | (2,487.00) | (2,657.00) | (2,665.00) | (2,250.00) | (2,199.00) | (2,820.00) |
Net Current Asset Value |
(38,999.00) | (35,548.00) | (35,283.00) | (33,050.00) | (33,520.00) | (33,513.00) | (32,882.00) | (30,857.00) | (35,222.00) | (33,957.00) |
EV/EBIT |
23.70 | 19.68 | 20.37 | 23.79 | 26.08 | 18.16 | 18.45 | 15.01 | 13.42 | 17.30 |
Capex to Sales |
0.31 | 0.30 | 0.26 | 0.23 | 0.22 | 0.25 | 0.24 | 0.20 | 0.20 | 0.26 |
Price to Operating Income |
11.71 | 9.63 | 9.46 | 12.57 | 13.13 | 7.67 | 10.36 | 7.38 | 5.64 | 6.42 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.04 | 0.04 | 0.03 | 0.04 | 0.05 | 0.04 | 0.04 | 0.05 | 0.06 | 0.07 |
Cash ROIC |
(2.48%) | (3.01%) | (5.47%) | (0.51%) | 0.95% | (3.68%) | (0.69%) | (3.14%) | 6.67% | 1.94% |
Accounts Receivable Turnover |
7.83 | 7.89 | 8.16 | 8.74 | 8.19 | 7.90 | 7.87 | 7.60 | 7.13 | 6.67 |
Accounts Payable Turnover |
2.93 | 2.98 | 3.24 | 3.76 | 3.89 | 3.35 | 3.48 | 4.07 | 3.66 | 3.66 |
Inventory Turnover |
9.30 | 8.25 | 9.96 | 13.49 | 11.94 | 10.27 | 12.85 | 14.95 | 8.56 | 5.75 |
Average Days of Payables |
139.59 | 131.37 | 107.00 | 119.44 | 99.91 | 98.32 | 107.13 | 96.58 | 88.18 | 98.09 |
Days of Inventory on Hand |
40.23 | 45.79 | 40.22 | 33.46 | 27.55 | 37.69 | 29.95 | 25.22 | 25.17 | 53.04 |
Average Receivables |
1,927.00 | 1,708.50 | 1,577.50 | 1,425.00 | 1,359.00 | 1,366.50 | 1,402.50 | 1,481.50 | 1,533.50 | 1,605.00 |
Average Payables |
1,788.50 | 1,468.50 | 1,432.50 | 1,223.00 | 885.00 | 916.00 | 985.00 | 896.00 | 935.00 | 1,059.00 |
Average Inventory |
563.00 | 530.50 | 466.50 | 340.50 | 288.50 | 299.00 | 266.50 | 244.00 | 400.00 | 674.50 |
Average Assets |
53,974.00 | 50,405.50 | 47,437.50 | 45,770.00 | 44,948.00 | 43,382.50 | 41,182.00 | 41,160.00 | 42,702.50 | 47,621.00 |
Average Common Equity |
13,823.00 | 12,318.00 | 10,779.50 | 9,659.00 | 7,956.00 | 7,106.00 | 6,859.00 | 5,334.00 | 5,083.00 | 9,331.50 |
Columns are period end dates