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%
Market cap
$26.4B
P/E
24.6×
Fwd P/E
16.8×
Dividend yield
3.94%
F-score
5/9
Altman Z
0.72
Beneish M
−2.58
Dividend safety
16/100

FirstEnergy Corporation (FE) EV/EBITDA

Alert me on 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

Against its own ten years

Low 6.7× High 16.4×
Ten-year median 12.1×
Current reading's percentile 96

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)

The full definition of EV/EBITDA →

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