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 July 31, 2026. Differences are shown without an overall score or investment verdict.
FE
FirstEnergy Corp.
$48.31UtilitiesDelayed quote: Jul 31, 2026, 4:01 PM EDT
WEC
WEC Energy Group, Inc.
$109.42UtilitiesAt close: Jul 31, 2026, 4:00 PM ET
Total return — FE vs WEC
growth of $100 · dividends reinvested · last 30yFE +710.8%WEC +2250.0%WEC compounded faster
FE WEC
FE vs WEC: by the numbers
- •WEC is the larger company ($35.64B vs $27.95B market cap).
- •WEC trades at the lower trailing earnings multiple (21.21 vs 25.98 P/E), one valuation lens rather than an overall verdict.
- •WEC converts more revenue to profit (16.72% vs 7.26% net margin).
- •FE grew revenue faster over the past five years (7.73% vs 4.98% CAGR).
- •FE pays the higher dividend yield (3.70% vs 3.37%).
Metrics side by side
Valuation
| Metric | FE | WEC |
|---|---|---|
| P/E ratio | 25.98 | 21.21 |
| Forward P/E | 17.83 | 19.54 |
| P/S ratio | 1.78 | 3.55 |
| P/B ratio | 2.18 | 0.87 |
| PEG ratio | 6.14 | 20.88 |
| EV / EBITDA | 13.64 | 10.02 |
| FCF yield | 14.79% | N/A |
Profitability
| Metric | FE | WEC |
|---|---|---|
| Gross margin | 53.43% | 49.91% |
| Operating margin | 18.57% | 24.12% |
| Net margin | 7.26% | 16.72% |
| ROE | 8.88% | 4.09% |
| ROIC | 4.46% | 5.25% |
Dividends
| Metric | FE | WEC |
|---|---|---|
| Dividend yield | 3.70% | 3.37% |
| Payout ratio | 101.69% | 75.93% |
Growth (annualized)
| Metric | FE | WEC |
|---|---|---|
| Revenue CAGR (5Y) | 7.73% | 4.98% |
| EPS CAGR (5Y) | -2.32% | 5.04% |
| FCF CAGR (5Y) | 170.22% | N/A |
| Total return CAGR (5Y) | 9.09% | 6.58% |
Frequently asked
- Which has the lower trailing P/E, FE or WEC?
- WEC has the lower trailing P/E: FE trades at 25.98 and WEC at 21.21. 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 3.70% and WEC yields 3.37% based on trailing dividends and the latest price.
- Is FE or WEC more profitable?
- WEC runs the higher net margin — FE at 7.26% versus WEC at 16.72%.
- How have FE and WEC total returns compared?
- Over the past 10 years, FE delivered 7.67% and WEC delivered 8.81% 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 July 31, 2026.