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Friday 6 November 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.

Revenue
+9.86%
EPS
+26.3%
Free cash flow
−44.5%
Total debt
+9.40%

Quarter to September 2026, against a year earlier

46.52 0.12 −0.26%
Market cap
$27.3B
P/E
22.6×
Fwd P/E
17.1×
Dividend yield
4.86%
F-score
5/9
Altman Z
0.72
Beneish M
−2.58
Dividend safety
16/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
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FirstEnergy Corporation (FE) Operating margin

Alert me on Operating margin

FirstEnergy Corporation's operating margin over the twelve months to 30 September 2026 was 14.9%, up 0.3 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 21.7% and below the Utilities sector median of 18.7%.

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)
Sep 2026 20.5% 2.11
Jun 2026 18.4% (1.29)
Mar 2026 19.7% 20.33
Dec 2025 −0.63% (20.64)
43 more quarters

Against its own ten years

Low 14.6% High 22.8%
Ten-year median 17.6%
Current reading's percentile 16

Operating margin against peers

Company Operating margin
EIX Edison International compare 31.8%
FTS Fortis compare 28.4%
AEE Ameren Corporation compare 24.9%
CNP CenterPoint Energy, Inc. compare 24.4%
PPL PPL Corporation compare 24.1%
ES Eversource Energy compare 21.6%
PCG Pacific Gas & Electric Co. compare 20.2%
FE FirstEnergy Corporation 14.9%
DTE DTE Energy Company compare 13.1%
Utilities Regulated Electric industry median 21.7%
Utilities sector median 18.7%
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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