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Complete financial analysis of FirstEnergy Corp. (FE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of FirstEnergy Corp., a leading company in the Regulated Electric industry within the Utilities sector.
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FirstEnergy Corp. (FE)
About FirstEnergy Corp.
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.87B | 12.46B | 11.13B | 10.79B | 11.04B | 11.26B | 14.02B | 14.56B | 15.03B | 15.05B | 14.92B | 15.30B | 16.26B | 13.34B | 12.97B | 13.63B | 12.80B | 11.50B | 11.99B | 12.45B | 12.31B | 12.15B | 8.00B | 7.03B | 6.32B | 5.86B | 2.82B |
| Cost of Revenue | 4.65B | 4.59B | 3.45B | 3.07B | 3.42B | 3.65B | 4.58B | 5.48B | 6.17B | 7.00B | 6.46B | 6.71B | 7.30B | 6.06B | 5.88B | 5.63B | 5.01B | 4.25B | 4.01B | 4.47B | 5.16B | 4.27B | 2.24B | 801.29M | 877.00M | 983.70M | 486.30M |
| Gross Profit | 8.22B | 7.87B | 7.69B | 7.72B | 7.61B | 7.61B | 9.44B | 9.08B | 8.85B | 8.05B | 8.46B | 8.60B | 8.96B | 7.28B | 7.08B | 8.00B | 7.79B | 7.25B | 7.98B | 7.98B | 7.15B | 7.89B | 5.76B | 6.23B | 5.44B | 4.88B | 2.34B |
| Gross Profit Ratio | 63.90% | 63.14% | 69.05% | 71.55% | 68.97% | 67.61% | 67.35% | 62.37% | 58.92% | 53.51% | 56.70% | 56.17% | 55.08% | 54.60% | 54.63% | 58.68% | 60.83% | 63.02% | 66.54% | 64.11% | 58.11% | 64.90% | 71.98% | 88.60% | 86.12% | 83.22% | 82.76% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 78.00M | -72.00M | -382.00M | 477.00M | 674.00M | 144.00M | 141.00M | 147.00M | 242.00M | 835.00M | -256.00M | 609.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 78.00M | -72.00M | -382.00M | 477.00M | 674.00M | 144.00M | 141.00M | 147.00M | 242.00M | 835.00M | -256.00M | 609.00M | 3.91B | 2.85B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 5.88B | 5.96B | 5.84B | 5.56B | 5.10B | 205.00M | 6.72B | 6.53B | 6.28B | 6.16B | 6.31B | 6.19B | 2.43B | 2.24B | 5.21B | 5.55B | 5.50B | 5.14B | 5.91B | 5.77B | 5.51B | 5.70B | 4.07B | 4.72B | 3.91B | 3.51B | 1.60B |
| Operating Expenses | 5.96B | 5.88B | 5.46B | 6.04B | 5.78B | 5.26B | 6.86B | 6.68B | 6.52B | 6.99B | 6.06B | 6.79B | 6.34B | 5.09B | 5.34B | 5.55B | 5.50B | 5.14B | 5.91B | 5.77B | 5.51B | 5.70B | 4.07B | 4.72B | 3.91B | 3.51B | 1.60B |
| Cost & Expenses | 10.60B | 10.48B | 8.90B | 9.11B | 9.20B | 8.90B | 11.44B | 12.16B | 12.69B | 13.99B | 12.52B | 13.50B | 13.64B | 11.15B | 11.22B | 11.18B | 10.51B | 9.40B | 9.92B | 10.24B | 10.67B | 9.97B | 6.31B | 5.52B | 4.78B | 4.50B | 2.08B |
| Interest Income | 0.00 | 1.01B | 1.11B | 1.04B | 1.01B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 70.00M | 165.00M | 130.00M | 52.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.03B | 955.00M | 1.07B | 988.00M | 962.00M | 1.05B | 1.10B | 1.05B | 1.02B | 955.00M | 941.00M | 929.00M | 1.01B | 845.00M | 978.00M | 754.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 1.20B | 1.01B | 1.57B | 1.23B | 1.15B | 994.00M | 1.34B | 1.71B | 1.84B | 1.50B | 209.00M | 1.33B | 1.12B | 746.00M | 1.76B | 1.73B | 1.76B | 1.55B | 1.96B | 1.83B | 1.33B | 1.17B | 975.80M | 1.04B | 1.02B | 814.70M | 477.50M |
| EBITDA | 3.73B | 3.45B | 4.24B | 3.39B | 3.27B | 3.61B | 3.72B | -6.44B | 4.17B | 2.56B | 2.61B | 3.14B | 3.62B | 2.78B | 2.78B | 3.48B | 3.41B | 3.00B | 3.62B | 4.04B | 2.97B | 3.35B | 2.66B | 2.54B | 2.55B | 2.18B | 1.36B |
| EBITDA Ratio | 28.97% | 31.62% | 39.05% | 30.73% | 29.87% | 35.05% | 18.39% | 30.22% | 27.75% | 17.02% | 17.50% | 20.49% | 23.43% | 23.24% | 29.03% | 27.89% | 26.60% | 26.12% | 31.76% | 32.47% | 24.13% | 27.58% | 33.26% | 35.76% | 40.42% | 37.17% | 43.14% |
| Operating Income | 2.27B | 2.62B | 2.75B | 2.16B | 2.51B | 2.50B | 172.00M | -8.26B | 2.29B | 1.06B | 1.61B | 2.18B | 1.70B | 1.81B | 1.88B | 2.45B | 2.29B | 2.11B | 2.07B | 2.21B | 1.64B | 2.18B | 1.69B | 1.50B | 1.54B | 1.36B | 739.70M |
| Operating Income Ratio | 17.61% | 21.05% | 24.67% | 20.04% | 22.75% | 22.22% | 1.23% | -56.74% | 15.25% | 7.06% | 10.77% | 14.22% | 10.44% | 13.53% | 14.49% | 17.95% | 17.90% | 18.31% | 17.23% | 17.75% | 13.32% | 17.96% | 21.07% | 21.41% | 24.30% | 23.27% | 26.22% |
| Total Other Income/Expenses | -802.00M | -471.00M | -167.00M | -1.03B | -1.39B | -990.00M | -1.00B | -11.29B | -1.40B | -891.00M | -1.01B | -810.00M | -255.00M | -625.00M | -514.00M | -643.00M | -99.00M | -53.00M | -34.00M | -205.00M | -809.00M | -958.00M | -555.72M | -529.14M | -572.25M | -601.00M | -225.40M |
| Income Before Tax | 1.46B | 1.44B | 1.56B | 1.13B | 1.12B | 1.51B | -829.00M | -9.23B | 893.00M | 171.00M | 570.00M | 1.32B | 1.44B | 1.24B | 1.24B | 2.12B | 2.19B | 2.05B | 1.63B | 1.55B | 828.00M | 1.24B | 1.13B | 975.77M | 963.10M | 763.10M | 489.60M |
| Income Before Tax Ratio | 11.38% | 11.55% | 14.00% | 10.46% | 10.12% | 13.43% | -5.91% | -63.40% | 5.94% | 1.14% | 3.82% | 8.65% | 8.88% | 9.31% | 9.52% | 15.55% | 17.12% | 17.85% | 13.57% | 12.41% | 6.73% | 10.17% | 14.12% | 13.88% | 15.24% | 13.02% | 17.35% |
| Income Tax Expense | 267.00M | 1.00B | 320.00M | 126.00M | 213.00M | 490.00M | 895.00M | -3.06B | 315.00M | -42.00M | 195.00M | 553.00M | 574.00M | 482.00M | 245.00M | 777.00M | 883.00M | 795.00M | 754.00M | 671.00M | 406.00M | 549.48M | 474.46M | 376.80M | 394.80M | 321.70M | 183.80M |
| Net Income | 1.10B | 406.00M | 1.28B | 1.08B | 912.00M | 1.35B | -1.72B | -6.18B | 578.00M | 299.00M | 392.00M | 770.00M | 885.00M | 784.00M | 1.01B | 1.34B | 1.31B | 1.25B | 861.00M | 878.00M | 423.00M | 629.28M | 646.45M | 598.97M | 568.30M | 410.90M | 305.80M |
| Net Income Ratio | 8.56% | 3.26% | 11.53% | 10.00% | 8.26% | 11.97% | -12.30% | -42.42% | 3.85% | 1.99% | 2.63% | 5.03% | 5.44% | 5.88% | 7.76% | 9.85% | 10.22% | 10.90% | 7.18% | 7.05% | 3.44% | 5.18% | 8.08% | 8.52% | 8.99% | 7.01% | 10.84% |
| EPS | 1.92 | 0.71 | 2.27 | 1.85 | 1.59 | 2.74 | -3.88 | -14.50 | 1.37 | 0.71 | 0.94 | 1.85 | 2.22 | 2.44 | 3.31 | 4.41 | 4.27 | 3.84 | 2.62 | 2.68 | 1.39 | 1.89 | 2.82 | 2.69 | 2.50 | 1.82 | 1.94 |
| EPS Diluted | 1.92 | 0.71 | 2.26 | 1.85 | 1.57 | 2.73 | -3.88 | -14.50 | 1.37 | 0.71 | 0.94 | 1.84 | 2.21 | 2.42 | 3.29 | 4.38 | 4.22 | 3.81 | 2.61 | 2.67 | 1.39 | 1.88 | 2.81 | 2.69 | 2.50 | 1.82 | 1.94 |
| Weighted Avg Shares Out | 573.00M | 571.00M | 545.00M | 542.00M | 535.00M | 492.00M | 444.00M | 426.00M | 422.00M | 420.00M | 418.00M | 418.00M | 399.00M | 304.00M | 304.00M | 304.00M | 306.00M | 324.00M | 328.00M | 327.24M | 304.00M | 293.00M | 230.00M | 222.44M | 227.23M | 226.37M | 156.90M |
| Weighted Avg Shares Out (Dil) | 574.00M | 572.00M | 546.00M | 543.00M | 542.00M | 494.00M | 444.00M | 426.00M | 424.00M | 421.00M | 419.00M | 419.00M | 401.00M | 305.00M | 306.00M | 307.00M | 310.00M | 327.00M | 330.00M | 328.46M | 305.00M | 294.00M | 230.00M | 222.73M | 227.36M | 226.37M | 156.90M |
FE or OGE: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Utility - Electric Power sector might want to consider either FirstEnergy (FE) or OGE Energy (OGE). But which of these two stocks presents investors with the better value opportunity right now?
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