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.

Compare

Total returnFE vs WEC

growth of $100 · dividends reinvested · last 10y
FE +108.9% (+7.6%/yr)WEC +138.6% (+9.1%/yr)WEC compounded faster over this window
100150200250Start $10020182020202220242026$209$239
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

MetricFEWEC
P/E ratio24.4420.38
Forward P/E16.7918.78
P/S ratio1.683.38
P/B ratio2.052.42
EV / EBITDA11.8514.44

Profitability

MetricFEWEC
Gross margin53.43%50.55%
Operating margin18.57%24.12%
Net margin6.86%16.69%
ROE8.40%11.97%
ROIC4.43%4.49%

Dividends

MetricFEWEC
Dividend yield3.95%3.53%
Payout ratio97.06%72.67%

Growth (annualized)

MetricFEWEC
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.

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.