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.
Follow FE
FirstEnergy Corporation (FE) 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
Embed this chart
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 | Free account |
Against its own ten years
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
More on FE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- 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