FirstEnergy Corp. (FE) Debt to Equity Ratio: 2.16
Is FirstEnergy Corp.’s debt to equity ratio high or low?
FirstEnergy Corp.'s debt to equity ratio of 2.16 is 12% below its 5-year average of 2.46, near the low end of its 5-year range (1.95–3.38).
As of Thursday, June 11, 2026. 5.11% above its 12-month average of 2.06.
FE Debt to Equity Ratio Chart
FE Average Debt to Equity Ratio Chart
FE Current vs Average Debt to Equity Ratio Chart
FE Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
2.16
DEBT TO EQUITY RATIO AVG TTM
2.06
DEBT TO EQUITY RATIO AVG 3Y
2.16
DEBT TO EQUITY RATIO AVG 5Y
2.46
DEBT TO EQUITY RATIO AVG 10Y
2.82
DEBT TO EQUITY RATIO AVG 15Y
2.43
DEBT TO EQUITY RATIO AVG 20Y
2.19
CURRENT VS TTM AVG
+5.11%
CURRENT VS 3Y AVG
+0.12%
CURRENT VS 5Y AVG
-12.20%
CURRENT VS 10Y AVG
-23.33%
CURRENT VS 15Y AVG
-11.09%
CURRENT VS 20Y AVG
-1.54%
FE Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FirstEnergy Corp. (FE) | $27.00B | 2.16 | 2.06 | 2.16 | 2.46 |
| Atmos Energy Corporation (ATO) | $28.46B | 0.69 | 0.68 | 0.73 | 0.76 |
| Alliant Energy Corporation (LNT) | $19.02B | 1.68 | 1.58 | 1.49 | 1.42 |
| WEC Energy Group, Inc. (WEC) | $37.35B | 1.64 | 1.64 | 1.60 | 1.53 |
| Consolidated Edison, Inc. (ED) | $40.20B | 1.19 | 1.23 | 1.21 | 1.24 |
| Exelon Corporation (EXC) | $46.91B | 1.76 | 1.75 | 1.71 | 1.50 |
| Xcel Energy Inc. (XEL) | $48.88B | 1.47 | 1.51 | 1.53 | 1.54 |
| Entergy Corporation (ETR) | $51.04B | 1.80 | 1.86 | 1.89 | 2.01 |
| Dominion Energy, Inc. (D) | $59.01B | 1.68 | 1.60 | 1.58 | 1.54 |
| Sempra (SRE) | $59.98B | 1.15 | 1.15 | 1.11 | 1.07 |
Financial Health
Debt/Equity
2.16
Current Ratio
0.57
FirstEnergy Corp. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FirstEnergy Corp. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for FirstEnergy Corp. (FE)?
- The debt to equity ratio for FE stock is 2.16.
- Is FirstEnergy Corp.'s debt to equity ratio high or low?
- FirstEnergy Corp.'s debt to equity ratio of 2.16 is 12% below its 5-year average of 2.46, near the low end of its 5-year range (1.95–3.38).
- What is the TTM average debt to equity ratio for FirstEnergy Corp. (FE)?
- The TTM average debt to equity ratio for FE stock is 2.06.
- What is the 3Y average debt to equity ratio for FirstEnergy Corp. (FE)?
- The 3Y average debt to equity ratio for FE stock is 2.16.
- What is the 5Y average debt to equity ratio for FirstEnergy Corp. (FE)?
- The 5Y average debt to equity ratio for FE stock is 2.46.
- What is the 10Y average debt to equity ratio for FirstEnergy Corp. (FE)?
- The 10Y average debt to equity ratio for FE stock is 2.82.
- What is the 15Y average debt to equity ratio for FirstEnergy Corp. (FE)?
- The 15Y average debt to equity ratio for FE stock is 2.43.
- What is the 20Y average debt to equity ratio for FirstEnergy Corp. (FE)?
- The 20Y average debt to equity ratio for FE stock is 2.19.
FirstEnergy Corp. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 2.16 |
| 2024-12-31 | 1.95 |
| 2023-12-31 | 2.39 |
| 2022-12-31 | 2.13 |
| 2021-12-31 | 2.75 |
| 2020-12-31 | 3.38 |
| 2019-12-31 | 3.01 |
| 2018-12-31 | 2.86 |
| 2017-12-31 | 4.98 |
| 2016-12-31 | 3.61 |
| 2015-12-31 | 1.77 |
| 2014-12-31 | 1.75 |
| 2013-12-31 | 1.63 |
| 2012-12-31 | 1.46 |
| 2011-12-31 | 1.31 |
| 2010-12-31 | 1.73 |
| 2009-12-31 | 1.74 |
| 2008-12-31 | 1.69 |
| 2007-12-31 | 1.31 |
| 2006-12-31 | 1.27 |
| 2005-12-31 | 1.19 |
| 2004-12-31 | 1.30 |
| 2003-12-31 | 1.46 |
| 2002-12-31 | 1.92 |
| 2001-12-31 | 1.88 |
| 2000-12-31 | 1.46 |
| 1999-12-31 | 1.53 |
| 1998-12-31 | 1.64 |
| 1997-12-31 | 1.81 |
Related Metrics
About FirstEnergy Corp.
FirstEnergy Corp. is an American utility company that, through its subsidiaries, provides comprehensive electricity services, encompassing generation, transmission, and distribution throughout the United States. Its operations are structured into Regulated Distribution and Regulated Transmission segments. The company leverages a diverse portfolio of power sources, operating facilities that produce electricity from coal, nuclear, hydroelectric, natural gas, wind, and solar technologies. Its vast infrastructure includes 24,074 circuit miles of overhead and underground transmission lines, complemented by an extensive electric distribution network featuring 273,295 miles of overhead pole lines and underground conduits for primary, secondary, and street lighting circuits. FirstEnergy serves approximately 6 million customers across six states: Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. The corporation was established in 1996 and is based in Akron, Ohio.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Brian X. Tierney