FirstEnergy Corp. (FE) Enterprise Value (EV): $53.59B
The enterprise value (EV) for FirstEnergy Corp. (FE) is $53.59B as of Thursday, June 11, 2026.
FE Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$53.59B
FE Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| FirstEnergy Corp. (FE) | $26.86B | $53.59B |
| Atmos Energy Corporation (ATO) | $28.46B | $36.24B |
| Alliant Energy Corporation (LNT) | $19.02B | $28.50B |
| WEC Energy Group, Inc. (WEC) | $37.35B | $56.60B |
| Consolidated Edison, Inc. (ED) | $40.20B | $62.62B |
| Exelon Corporation (EXC) | $46.91B | $93.47B |
| Xcel Energy Inc. (XEL) | $48.88B | $77.86B |
| Entergy Corporation (ETR) | $51.04B | $71.75B |
| Dominion Energy, Inc. (D) | $59.01B | $98.73B |
| Sempra (SRE) | $59.98B | $93.91B |
Enterprise Value Calculation
Market Cap
$26.86B
Total Debt
$26.84B
Cash
$99.00M
Enterprise Value
$53.59B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
FirstEnergy Corp. Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FirstEnergy Corp. Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for FirstEnergy Corp. (FE)?
- The enterprise value (EV) for FE stock is $53.59B.
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