Is FE or WEC cheaper?

On trailing earnings, WEC is cheaper: FE trades at a 25.63 P/E and WEC at 22.64.

Which has grown faster, FE or WEC?

Over the past five years, FE grew revenue faster — FE at a 7.52% CAGR versus WEC at 5.21%.

Does FE or WEC pay a bigger dividend?

FE yields 3.83% and WEC yields 3.25% 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 16.25%.

Which has been the better investment, FE or WEC?

Over the past 10-year, WEC delivered the higher annualized total return — FE at 7.77% versus WEC at 9.61%. Past performance doesn't predict future results.

FirstEnergy Corp. (FE) vs WEC Energy Group, Inc. (WEC)

FE and WEC are evenly matched — 8 metrics each of 16.

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 June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

WEC Energy Group, Inc.

$36.95B

$113.44Utilities

Total return — FE vs WEC

growth of $100 · last 30y

FE +124.0%WEC +736.6%WEC compounded faster

FE WEC

FE vs WEC: by the numbers

•WEC is the larger company ($36.95B vs $27.20B market cap).
•WEC trades at the lower earnings multiple (22.64 vs 25.63 P/E).
•WEC converts more revenue to profit (16.25% vs 6.86% net margin).
•FE grew revenue faster over the past five years (7.52% vs 5.21% CAGR).
•FE pays the higher dividend yield (3.83% vs 3.25%).

Which is better, FE or WEC?

Metric tally: FE 8 · WEC 8

It depends on what you're optimizing for:

ValueWEC(lower P/E)

GrowthFE(faster 5Y revenue CAGR)

IncomeFE(higher dividend yield)

QualityWEC(higher ROIC)

Metrics side by side

Valuation

Metric	FE	WEC
P/E ratio	25.63	22.64●
Forward P/E	15.97●	18.90
P/S ratio	1.76●	3.69
P/B ratio	2.16●	2.63
PEG ratio	6.15●	21.18
EV / EBITDA	12.32●	14.36
FCF yield	6.58%	—

Profitability

Metric	FE	WEC
Gross margin	53.77%	55.74%●
Operating margin	18.72%	23.97%●
Net margin	6.86%	16.25%●
ROE	8.42%	11.57%●
ROIC	4.46%	5.25%●

Dividends

Metric	FE	WEC
Dividend yield	3.83%●	3.25%
Payout ratio	101.69%	75.93%

Growth (annualized)

Metric	FE	WEC
Revenue CAGR (5Y)	7.52%●	5.21%
EPS CAGR (5Y)	-2.32%	5.04%●
FCF CAGR (5Y)	7.07%	11.42%●
Total return CAGR (5Y)	8.26%●	7.64%

Frequently asked

Which is better, FE or WEC?: It depends on your goal. value: WEC (lower P/E); growth: FE (faster 5Y revenue CAGR); income: FE (higher dividend yield); quality: WEC (higher ROIC). Across all compared metrics, they are evenly matched.
Is FE or WEC cheaper?: On trailing earnings, WEC is cheaper: FE trades at a 25.63 P/E and WEC at 22.64.
Which has grown faster, FE or WEC?: Over the past five years, FE grew revenue faster — FE at a 7.52% CAGR versus WEC at 5.21%.
Does FE or WEC pay a bigger dividend?: FE yields 3.83% and WEC yields 3.25% 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 16.25%.
Which has been the better investment, FE or WEC?: Over the past 10-year, WEC delivered the higher annualized total return — FE at 7.77% versus WEC at 9.61%. Past performance doesn't predict future results.

Go deeper

Full FE analysis Full WEC analysis Interactive comparison tool

Dig into the metrics

FirstEnergy P/E ratio WEC Energy P/E ratio FirstEnergy dividend yield WEC Energy dividend yield FirstEnergy ROE WEC Energy ROE FirstEnergy operating margin WEC Energy operating margin FirstEnergy revenue growth WEC Energy revenue growth FirstEnergy free cash flow WEC Energy free cash flow

FirstEnergy & WEC Energy appear in these rankings

Highest Dividend Yield Stocks Highest FCF Yield Stocks

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 June 14, 2026.