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) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, FirstEnergy Corporation (FE) trades at a P/B ratio of 1.9×. Over the past ten years it has ranged from 1.0× (November 2015) to 4.0× (February 2020); the current reading is higher than 32% of that period. That is in line with the Utilities Regulated Electric industry median of 1.8× and above the Utilities sector median of 1.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.9× 11.26%
FY2024 1.7× (15.08%)
FY2023 2.0× (12.94%)
FY2022 2.3× (13.70%)
FY2021 2.6× 13.98%
FY2020 2.3× (38.50%)
FY2019 3.7× 36.06%
FY2018 2.7× (21.41%)
FY2017 3.5× 65.03%
FY2016 2.1× 95.99%

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.9× (8.24%)
Mar 2026 2.1× 11.90%
Dec 2025 1.9× (0.48%)
Sep 2025 1.9× 13.70%
42 more quarters

Against its own ten years

Low 1.0× High 4.0×
Ten-year median 2.1×
Current reading's percentile 26

P/B ratio against peers

Company P/B ratio
PCG Pacific Gas & Electric Co. compare 0.9×
EIX Edison International compare 1.1×
FTS Fortis compare 1.5×
ES Eversource Energy compare 1.5×
PPL PPL Corporation compare 1.8×
FE FirstEnergy Corporation 1.9×
AEE Ameren Corporation compare 2.1×
DTE DTE Energy Company compare 2.2×
CNP CenterPoint Energy, Inc. compare 2.3×
Utilities Regulated Electric industry median 1.8×
Utilities sector median 1.6×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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