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) Operating margin

Alert me on Operating margin

FirstEnergy Corporation's operating margin over the twelve months to 30 June 2026 was 14.6%, down 0.0 percentage points from fiscal 2025 (14.6%). Over the past ten years it has ranged from 14.6% (fiscal 2025) to 22.8% (fiscal 2019) — the current reading is the lowest in ten years. That is below the Utilities Regulated Electric industry median of 21.8% and below the Utilities sector median of 18.8%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 14.6% (3.01)
FY2024 17.6% 0.02
FY2023 17.6% 2.28
FY2022 15.3% (0.17)
FY2021 15.5% (4.54)
FY2020 20.0% (2.71)
FY2019 22.8% 0.53
FY2018 22.2% 0.00
FY2017 22.2% 3.02
FY2016 19.2% 3.95

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 18.4% (1.29)
Mar 2026 19.7% 20.33
Dec 2025 −0.63% (20.64)
Sep 2025 20.0% 0.90
42 more quarters

Against its own ten years

Low 14.6% High 22.8%
Ten-year median 17.6%
Current reading's percentile 10

Operating margin against peers

Company Operating margin
EIX Edison International compare 32.7%
FTS Fortis compare 28.3%
AEE Ameren Corporation compare 24.9%
PPL PPL Corporation compare 24.1%
CNP CenterPoint Energy, Inc. compare 23.2%
ES Eversource Energy compare 21.6%
PCG Pacific Gas & Electric Co. compare 20.0%
FE FirstEnergy Corporation 14.6%
DTE DTE Energy Company compare 13.3%
Utilities Regulated Electric industry median 21.8%
Utilities sector median 18.8%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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