See more : AV Promotions Holdings Limited (8419.HK) Income Statement Analysis – Financial Results
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.
You may be interested
- Bright Health Group, Inc. (BHG) Income Statement Analysis – Financial Results
- Shree Metalloys Limited (SHREMETAL.BO) Income Statement Analysis – Financial Results
- Altium Limited (ALU.AX) Income Statement Analysis – Financial Results
- Emdoor Information CO.,LTD. (001314.SZ) Income Statement Analysis – Financial Results
- East Imperial PLC (EISB.L) Income Statement Analysis – Financial Results
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 |
Here's Why You Should Add FirstEnergy Stock to Your Portfolio Now
FE makes a strong case for investment given its growth prospects, strong ROE, high solvency and capability to increase shareholders' value through dividends.
FE or CNP: Which Is the Better Value Stock Right Now?
Investors interested in Utility - Electric Power stocks are likely familiar with FirstEnergy (FE) and CenterPoint Energy (CNP). But which of these two companies is the best option for those looking for undervalued stocks?
Is FirstEnergy (FE) Outperforming Other Utilities Stocks This Year?
Here is how FirstEnergy (FE) and NiSource (NI) have performed compared to their sector so far this year.
Avoid Halloween Scaries with These Holiday Electrical Safety Tips
FirstEnergy tips to help keep the candy – and electricity – flowing safely AKRON, Ohio , Oct. 3, 2024 /PRNewswire/ -- As neighborhoods across the country gear up for Halloween, FirstEnergy Corp. (NYSE: FE) reminds the public to keep safe...
Electric Power Utility Promises Massive Long-Term Potential: 5 Picks
Electric power utility is emerging as an industry promising gains in the long term. Five stocks to invest are: XEL, ETR, WEC, EVRG, FE.
FirstEnergy Makes Substation Expansion to Boost Service Reliability
FE's subsidiary, American Transmission Systems, continues to enhance service reliability by upgrading high-voltage substation in Sylvania Township.
Substation Expansion to Enhance Electric Service Reliability in Northwest Ohio
New substation design to benefit more than 20,000 Toledo Edison customers AKRON, Ohio , Oct. 1, 2024 /PRNewswire/ -- Work is underway by a subsidiary of FirstEnergy Corp. (NYSE: FE) to expand and upgrade a high-voltage substation in Sylvania Township,...
FirstEnergy Introduces New Technology to Cut Vegetation-Related Outage
FE brings in a new technology for vegetation management, which will ensure efficient management and protect power lines at lower expenses.
FirstEnergy Deploys Technology to Predict and Reduce Tree-Related Outages
Company among the first in the industry to develop technology to prevent power outages caused by trees AKRON, Ohio , Sept. 30, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is among the first in the electric utility industry to deploy...
FirstEnergy Electric Crews Mobilize to Assist with Anticipated Power Restoration Efforts in North Carolina and Georgia Following Hurricane Helene
AKRON, Ohio , Sept. 26, 2024 /PRNewswire/ -- As part of its long-standing tradition of assisting other electric companies during large-scale power outages, FirstEnergy Corp. (NYSE: FE) electric companies have sent approximately 200 line workers and support personnel to assist...
Source: https://incomestatements.info
Category: Stock Reports