FirstEnergy Corp. (FE) vs WEC Energy Group, Inc. (WEC)
A side-by-side comparison of FirstEnergy Corp. and WEC Energy Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
FE
FirstEnergy Corp.
$45.84UtilitiesDelayed quote: Sep 14, 2026, 3:59 PM EDT
WEC
WEC Energy Group, Inc.
$105.17UtilitiesDelayed quote: Sep 14, 2026, 4:00 PM EDT
Total return — FE vs WEC
growth of $100 · dividends reinvested · last 10yFE +108.9% (+7.6%/yr)WEC +138.6% (+9.1%/yr)WEC compounded faster over this window
FE WEC
FE vs WEC: by the numbers
- •WEC is the larger company ($34.26B vs $26.52B market cap).
- •WEC trades at the lower trailing earnings multiple (20.38 vs 24.44 P/E), one valuation lens rather than an overall verdict.
- •WEC converts more revenue to profit (16.69% vs 6.86% net margin).
- •FE grew revenue faster over the past five years (7.73% vs 4.98% CAGR).
- •FE pays the higher dividend yield (3.95% vs 3.53%).
Metrics side by side
Valuation
| Metric | FE | WEC |
|---|---|---|
| P/E ratio | 24.44 | 20.38 |
| Forward P/E | 16.79 | 18.78 |
| P/S ratio | 1.68 | 3.38 |
| P/B ratio | 2.05 | 2.42 |
| EV / EBITDA | 11.85 | 14.44 |
Profitability
| Metric | FE | WEC |
|---|---|---|
| Gross margin | 53.43% | 50.55% |
| Operating margin | 18.57% | 24.12% |
| Net margin | 6.86% | 16.69% |
| ROE | 8.40% | 11.97% |
| ROIC | 4.43% | 4.49% |
Dividends
| Metric | FE | WEC |
|---|---|---|
| Dividend yield | 3.95% | 3.53% |
| Payout ratio | 97.06% | 72.67% |
Growth (annualized)
| Metric | FE | WEC |
|---|---|---|
| Revenue CAGR (5Y) | 7.73% | 4.98% |
| EPS CAGR (5Y) | -2.32% | 5.04% |
| FCF CAGR (5Y) | 122.43% | N/A |
| Total return CAGR (5Y) | 8.44% | 5.56% |
Frequently asked
- Which has the lower trailing P/E, FE or WEC?
- WEC has the lower trailing P/E: FE trades at 24.44 and WEC at 20.38. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FE or WEC?
- Over the past five years, FE grew revenue faster — FE at a 7.73% CAGR versus WEC at 4.98%.
- Does FE or WEC pay a bigger dividend?
- FE yields 3.95% and WEC yields 3.53% based on trailing dividends and the latest price.
- Is FE or WEC more profitable?
- WEC runs the higher net margin — FE at 6.86% versus WEC at 16.69%.
- How have FE and WEC total returns compared?
- Over the past 10 years, FE delivered 7.89% and WEC delivered 9.52% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
FirstEnergy P/E ratioWEC Energy P/E ratioFirstEnergy dividend yieldWEC Energy dividend yieldFirstEnergy ROEWEC Energy ROEFirstEnergy operating marginWEC Energy operating marginFirstEnergy revenue growthWEC Energy revenue growthFirstEnergy free cash flowWEC Energy free cash flow
FirstEnergy & WEC Energy appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.