FirstEnergy is a regulated electric utility serving roughly 6 million customers across Ohio, Pennsylvania, New Jersey, West Virginia, and Maryland. It distributes electricity to residential, commercial, and industrial customers through its local utility subsidiaries, and owns a large high-voltage transmission network. Revenue comes almost entirely from regulated distribution and transmission rates set by state and federal regulators.
Employees11,186IPONov 10, 1997SIC4911HQ341 White Pond Drive, Akron, OH, USA, 44320
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
63.5%
Operating Margin
17.1%
EBITDA Margin
28.8%
Net Margin
6.9%
OCF Margin
19.7%
FCF Margin
−12.4%
Returns on Capital
ROE
8.5%
ROA
1.9%
ROIC
4.0%
ROCE
5.4%
ROC (Greenblatt)
6.2%
3Y ROIIC
17.6%
Consistency
Years Profitable / 10Y
8
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
24.70
Forward P/E
16.85
P/E ex-NRI
16.94
Shiller P/E (CAPE)
—
Cash Flow Multiples
P/FCF
—
P/OCF
8.58
P/Owner Earnings
—
FCF Yield
−7.35%
Enterprise Value Multiples
EV / EBIT
20.82
EV / Forward EBIT
18.90
EV / EBITDA
12.53
EV / Forward EBITDA
11.12
EV / Revenue
3.61
EV / Forward Revenue
3.35
Asset / Sales
P/S
1.67
P/B
2.07
P/Tangible Book
3.65
Growth-Adjusted
PEG
10.59
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
3.94%
Forward Dividend Yield
4.01%
3Y Dividend Growth
4.1%
Payout Ratio
0.66
5Y Yield on Cost
4.34%
Buybacks & Dilution
3Y Buyback Ratio
−0.30%
5Y Share Change
6.4%
Combined
Shareholder Yield
−8.06%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
2.24
Gross Debt / EBITDA
6.36
Cash / Debt
0.00
Equity / Assets
0.22
Coverage
Interest Coverage
2.51
Short-Term Liquidity
Current Ratio
0.54
Quick Ratio
0.45
Cash Ratio
0.01
Composite Scores
Piotroski F-Score
4
Altman Z-Score
0.75
Split History
Date
Split
No split history found.
Ex-date
Amount
Pay date
2026-08-07
$0.465
2026-09-01
2026-05-07
$0.465
2026-06-01
2026-02-06
$0.445
2026-03-01
2025-11-07
$0.445
2025-12-01
2025-08-07
$0.445
2025-09-01
2025-05-07
$0.445
2025-06-01
2025-02-07
$0.425
2025-03-01
2024-11-07
$0.425
2024-12-01
2024-08-07
$0.425
2024-09-01
2024-05-06
$0.425
2024-06-01
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View allDate
Transcript
Type
2026-07-29
Q2 2026 FirstEnergy Corp Earnings Call Transcript
Earnings Call
2026-04-29
Q1 2026 FirstEnergy Corp Earnings Call Transcript
Earnings Call
2026-02-18
Q4 2025 FirstEnergy Corp Earnings Call Transcript
Earnings Call
2025-10-23
Q3 2025 FirstEnergy Corp Earnings Call Transcript
Earnings Call
2025-07-31
Q2 2025 FirstEnergy Corp Earnings Call Transcript
Earnings Call
2025-04-24
Q1 2025 FirstEnergy Corp Earnings Call Transcript
Earnings Call
2025-02-27
Q4 2024 FirstEnergy Corp Earnings Call Transcript
Earnings Call
2024-10-30
Q3 2024 FirstEnergy Corp Earnings Call Transcript
Earnings Call
2024-07-31
Q2 2024 FirstEnergy Corp Earnings Call Transcript
Earnings Call
2024-04-26
Q1 2024 FirstEnergy Corp Earnings Call Transcript
Earnings Call
10 of 31
5-Step DuPont Analysis
ROE %
8.42%
×
×
Net Margin %
6.86%
×
×
Operating Margin %
17.14%
Operating Income
$2.71B
÷
Revenue
$15.82B
×
Tax Burden
0.6532
Net Income
$1.08B
÷
Pretax Income
$1.66B
×
Interest Burden
0.6122
Pretax Income
$1.66B
÷
Operating Income
$2.71B
×
Asset Turnover
0.28
÷
Revenue
$15.82B
÷
Average Total Assets
$56.23B
Begin Total Assets
$54.23B
End Total Assets
$58.22B
×
Equity Multiplier
4.36
÷
Avg Total Assets
$56.23B
÷
Avg Stockholders Equity
$12.89B
Begin Equity
$12.85B
End Equity
$12.94B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| Capital World Investors | 77.8M | 13.47% | +157.1K | $3.70B |
| BlackRock, Inc. | 49.8M | 8.61% | +722.8K | $2.37B |
| STATE STREET CORP | 40.6M | 7.03% | -19.3K | $1.93B |
| VANGUARD CAPITAL MANAGEMENT LLC | 34.9M | 6.04% | +161.1K | $1.66B |
| Blackstone Inc. | 28.8M | 4.99% | 0 | $1.37B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 28.4M | 4.92% | +162.0K | $1.35B |
| Boston Partners | 18.5M | 3.20% | +855.1K | $879.43M |
| GEODE CAPITAL MANAGEMENT, LLC | 14.0M | 2.42% | +199.5K | $661.67M |
| Invesco Ltd. | 12.0M | 2.07% | +1.7K | $569.50M |
| Allspring Global Investments Holdings, LLC | 10.9M | 1.88% | +884.8K | $511.01M |
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View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| TIERNEY BRIAN XOfficer | 523.8K | 0.0906% | $24.19M |
| SOMERHALDER JOHN W IIDirector | 162.1K | 0.0281% | $7.49M |
| Smith Allan WadeOfficer | 133.6K | 0.0231% | $6.17M |
| K. Jon TaylorOfficer | 121.4K | 0.0210% | $5.61M |
| Park HyunOfficer | 112.6K | 0.0195% | $5.20M |
| Thomas Toby L.Officer | 38.5K | 0.0067% | $1.78M |
| DEMETRIOU STEVEN J.Director | 12.4K | 0.0022% | $574.2K |
| Turner Leslie MDirector | 8.5K | 0.0015% | $391.6K |
| Lisowski JasonOfficer | 7.2K | 0.0012% | $331.5K |
| ONEIL JAMES FDirector | 1.9K | 0.0003% | $86.3K |
10 of 10
View allRecent insider activity
through Oct 1, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| SOMERHALDER JOHN W IIDirector | Grant/Award (Rule 16b-3(d)) | +986 | $42.5K | Oct 1, 2026 |
| SOMERHALDER JOHN W IIDirector | Grant/Award (Rule 16b-3(d)) | +898 | $42.5K | Jul 1, 2026 |
| TIERNEY BRIAN XOfficer | Tax Withholding | -17.0K | $779.9K | Jun 1, 2026 |
| SOMERHALDER JOHN W IIDirector | Grant/Award (Rule 16b-3(d)) | +837 | $42.5K | Apr 1, 2026 |
| ONEIL JAMES FDirector | Open-Market or Private Sale | -7.9K | $402.0K | Mar 11, 2026 |
| K. Jon TaylorOfficer | Open-Market or Private Sale | -26.8K | $1.37M | Mar 10, 2026 |
| Lisowski JasonOfficer | Open-Market or Private Sale | -3.0K | $152.5K | Mar 6, 2026 |
| Lisowski JasonOfficer | Open-Market or Private Sale | -1.4K | $69.8K | Mar 6, 2026 |
| Lisowski JasonOfficer | Option Exercise (Rule 16b-3 Exempt) | +7.4K | — | Mar 2, 2026 |
| Thomas Toby L.Officer | Grant/Award (Rule 16b-3(d)) | +11.7K | $0 | Mar 1, 2026 |
10 of 1,965
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