FirstEnergy (FE) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
13.5B
Gross Profit
9.1B
67.52%
Operating Income
2.4B
17.63%
Net Income
1.1B
8.37%
EPS (Diluted)
$1.70
Balance Sheet Metrics
Total Assets
52.0B
Total Liabilities
38.3B
Shareholders Equity
13.7B
Debt to Equity
2.79
Cash Flow Metrics
Operating Cash Flow
3.1B
Free Cash Flow
-1.1B
Revenue & Profitability Trend
FirstEnergy Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 13.5B | 12.9B | 12.5B | 11.1B | 10.8B |
| Cost of Goods Sold | 4.4B | 4.6B | 4.6B | 3.4B | 3.1B |
| Gross Profit | 9.1B | 8.2B | 7.9B | 7.7B | 7.7B |
| Operating Expenses | 3.9B | 3.4B | 3.4B | 3.1B | 3.7B |
| Operating Income | 2.4B | 2.3B | 1.9B | 1.8B | 2.2B |
| Pre-tax Income | 1.5B | 1.5B | 1.4B | 1.6B | 1.1B |
| Income Tax | 377.0M | 267.0M | 1.0B | 320.0M | 126.0M |
| Net Income | 1.1B | 1.2B | 439.0M | 1.3B | 1.1B |
| EPS (Diluted) | $1.70 | $1.92 | $0.71 | $2.35 | $1.99 |
Income Statement Trend
FirstEnergy Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 2.8B | 2.6B | 2.4B | 3.2B | 3.7B |
| Non-Current Assets | 49.3B | 46.2B | 43.7B | 42.2B | 40.8B |
| Total Assets | 52.0B | 48.8B | 46.1B | 45.4B | 44.5B |
| Liabilities | |||||
| Current Liabilities | 5.0B | 5.4B | 4.0B | 4.4B | 5.0B |
| Non-Current Liabilities | 33.3B | 32.5B | 31.5B | 32.3B | 32.2B |
| Total Liabilities | 38.3B | 37.9B | 35.5B | 36.8B | 37.2B |
| Equity | |||||
| Total Shareholders Equity | 13.7B | 10.9B | 10.6B | 8.7B | 7.2B |
Balance Sheet Composition
FirstEnergy Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 1.1B | 1.2B | 439.0M | 1.3B | 1.1B |
| Operating Cash Flow | 3.1B | 1.3B | 3.1B | 3.6B | 1.1B |
| Investing Activities | |||||
| Capital Expenditures | -4.0B | - | -2.8B | -2.4B | -2.7B |
| Investing Cash Flow | -4.4B | -3.7B | -5.8B | -5.0B | -2.9B |
| Financing Activities | |||||
| Dividends Paid | -970.0M | -906.0M | -891.0M | -849.0M | -845.0M |
| Financing Cash Flow | 1.2B | 2.2B | -912.0M | -2.7B | 2.6B |
| Free Cash Flow | -1.1B | 1.4B | 2.7B | 2.8B | -1.2B |
Cash Flow Trend
FirstEnergy Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
21.22
Forward P/E
13.80
Price to Book
1.83
Price to Sales
1.67
PEG Ratio
13.80
Profitability Ratios
Profit Margin
7.88%
Operating Margin
20.74%
Return on Equity
9.27%
Return on Assets
2.96%
Financial Health
Current Ratio
0.42
Debt to Equity
178.81
Beta
0.38
Per Share Data
EPS (TTM)
$1.88
Book Value per Share
$21.77
Revenue per Share
$23.91
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| fe | 23.0B | 21.22 | 1.83 | 9.27% | 7.88% | 178.81 |
| NextEra Energy | 153.0B | 27.83 | 3.07 | 7.06% | 21.81% | 148.56 |
| Southern Company | 102.1B | 22.26 | 3.01 | 12.24% | 16.54% | 188.38 |
| Duke Energy | 90.4B | 19.29 | 1.82 | 9.48% | 15.62% | 168.90 |
| American Electric | 55.3B | 19.99 | 2.02 | 10.42% | 13.71% | 171.50 |
| Dominion Energy | 47.6B | 21.57 | 1.81 | 7.72% | 15.63% | 145.20 |
Financial data is updated regularly. All figures are in the company's reporting currency.