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.
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FirstEnergy Corporation (FE) EV/EBITDA
As of 16 October 2026, FirstEnergy Corporation (FE) trades at a EV/EBITDA of 15.1×. Over the past ten years it has ranged from 6.7× (July 2017) to 16.4× (April 2026); the current reading is higher than 96% of that period. That is above the Utilities Regulated Electric industry median of 12.2× and above the Utilities sector median of 12.4×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 13.9× | 19.66% |
| FY2024 | 11.6× | (11.08%) |
| FY2023 | 13.1× | (7.17%) |
| FY2022 | 14.1× | 6.07% |
| FY2021 | 13.3× | 13.65% |
| FY2020 | 11.7× | (6.00%) |
| FY2019 | 12.4× | 28.62% |
| FY2018 | 9.7× | 22.39% |
| FY2017 | 7.9× | (10.52%) |
| FY2016 | 8.8× | 4.32% |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 15.3× | (5.54%) |
| Mar 2026 | 16.2× | 16.22% |
| Dec 2025 | 13.9× | 20.93% |
| Sep 2025 | 11.5× | 4.36% |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| EIX Edison International compare | 6.5× |
| PCG Pacific Gas & Electric Co. compare | 9.3× |
| ES Eversource Energy compare | 9.9× |
| PPL PPL Corporation compare | 12.3× |
| AEE Ameren Corporation compare | 12.7× |
| CNP CenterPoint Energy, Inc. compare | 13.0× |
| DTE DTE Energy Company compare | 13.1× |
| FTS Fortis compare | 13.5× |
| FE FirstEnergy Corporation | 15.1× |
| Utilities Regulated Electric industry median | 12.2× |
| Utilities sector median | 12.4× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on FE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement