FE
FirstEnergy Corporation
NYSE: FE · UTILITIES · UTILITIES - REGULATED ELECTRIC
$48.94
-1.29% today
Updated 2026-04-29
Market cap
$28.31B
P/E ratio
26.60
P/S ratio
1.90x
EPS (TTM)
$1.84
Dividend yield
—
52W range
$38 – $52
Volume
4.4M
FirstEnergy Corporation (FE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.50B | $12.80B | $13.63B | $12.97B | $13.34B | $16.26B | $15.30B | $14.92B | $15.05B | $15.03B | $14.56B | $14.02B | $11.26B | $11.04B | $10.79B | $11.13B | $12.46B | $12.87B | $13.47B | $15.09B |
| Revenue growth (YoY) | — | +11.3% | +6.4% | -4.8% | +2.9% | +21.9% | -5.9% | -2.5% | +0.9% | -0.2% | -3.1% | -3.7% | -19.7% | -2.0% | -2.2% | +3.2% | +11.9% | +3.3% | +4.7% | +12.0% |
| Cost of revenue | $4.25B | $5.01B | $5.63B | $5.88B | $6.06B | $7.19B | $6.72B | $6.46B | $7.00B | $6.28B | $3.88B | $3.42B | $3.65B | $3.42B | $3.07B | $3.44B | $4.59B | $4.65B | $4.38B | $6.83B |
| Gross profit | $7.25B | $7.79B | $8.00B | $7.09B | $7.28B | $8.91B | $8.54B | $8.43B | $8.05B | $8.75B | $6.82B | $7.50B | $7.61B | $7.61B | $7.72B | $7.69B | $7.87B | $8.22B | $9.10B | $8.27B |
| Gross margin | 63.0% | 60.8% | 58.7% | 54.7% | 54.6% | 54.8% | 55.8% | 56.5% | 53.5% | 58.2% | 46.8% | 53.5% | 67.6% | 69.0% | 71.5% | 69.1% | 63.1% | 63.9% | 67.5% | 54.8% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | — | — | $0.00 | $2.85B | $3.91B | $609.00M | $256.00M | $835.00M | $242.00M | $147.00M | $141.00M | $144.00M | $674.00M | $477.00M | $382.00M | $72.00M | $78.00M | — | — |
| Operating income | $2.11B | $2.29B | $2.76B | $1.88B | $1.74B | $1.68B | $2.13B | $1.58B | $1.06B | $2.29B | $2.05B | $2.43B | $2.50B | $2.51B | $2.16B | $1.73B | $1.91B | $2.27B | $2.38B | $2.83B |
| Operating margin | 18.3% | 17.9% | 20.2% | 14.5% | 13.1% | 10.3% | 13.9% | 10.6% | 7.1% | 15.3% | 14.1% | 17.3% | 22.2% | 22.7% | 20.0% | 15.5% | 15.3% | 17.6% | 17.6% | 18.8% |
| EBITDA | $3.65B | $4.05B | $3.55B | $2.95B | $2.78B | $3.62B | $3.56B | $3.50B | $2.73B | $3.73B | $3.97B | $4.08B | $3.95B | $3.30B | $3.39B | $4.29B | $3.77B | $3.95B | $4.10B | $4.39B |
| EBITDA margin | 31.8% | 31.6% | 26.0% | 22.7% | 20.8% | 22.3% | 23.3% | 23.5% | 18.1% | 24.9% | 27.3% | 29.1% | 35.1% | 29.9% | 31.4% | 38.5% | 30.3% | 30.7% | 30.5% | 29.1% |
| EBIT | $2.11B | $2.29B | $2.87B | $2.21B | $1.86B | $2.36B | $2.21B | $1.48B | $1.13B | $1.91B | $2.00B | $2.38B | $2.56B | $2.08B | $2.17B | $2.62B | $2.39B | $2.49B | $2.52B | $2.83B |
| Interest expense | $0.00 | $0.00 | $754.00M | $978.00M | $845.00M | $1.01B | $911.00M | $913.00M | $955.00M | $1.01B | $918.00M | $953.00M | $1.05B | $962.00M | $988.00M | $1.06B | $955.00M | $1.03B | $1.01B | $1.14B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.25B | $1.31B | $1.34B | $1.01B | $742.00M | $885.00M | $770.00M | $392.00M | $299.00M | $578.00M | $-6.18B | $-1.72B | $1.35B | $912.00M | $1.08B | $1.28B | $406.00M | $1.10B | $978.00M | $1.02B |
| Net income growth (YoY) | — | +4.4% | +2.5% | -25.0% | -26.2% | +19.3% | -13.0% | -49.1% | -23.7% | +93.3% | -1168.7% | +72.1% | +178.2% | -32.3% | +18.3% | +18.9% | -68.4% | +171.4% | -11.3% | +4.3% |
| Profit margin | 10.9% | 10.2% | 9.8% | 7.8% | 5.6% | 5.4% | 5.0% | 2.6% | 2.0% | 3.8% | -42.4% | -12.3% | 12.0% | 8.3% | 10.0% | 11.5% | 3.3% | 8.6% | 7.3% | 6.8% |