FirstEnergy Corp. (FE)

FE Financials

FE Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Gross Profit	8.349B	2.612B	975.000M	2.503B	2.259B	2.528B	2.171B	2.504B	2.275B
Revenue	15.527B	4.202B	3.797B	4.148B	3.380B	3.765B	3.176B	3.729B	3.280B
Cost of Goods Sold	7.178B	1.590B	2.822B	1.645B	1.121B	1.237B	1.005B	1.225B	1.005B
Gross Profit Margin	62.2%	62.2%	25.7%	60.3%	66.8%	67.1%	68.4%	67.1%	69.4%
Total Operating Expenses	5.442B	1.784B	372.000M	1.673B	1.613B	1.774B	1.558B	1.777B	1.852B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	1.820B	1.820B	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income (EBIT)	2.907B	828.000M	603.000M	830.000M	646.000M	754.000M	613.000M	727.000M	423.000M
Operating Margin	19.7%	19.7%	15.9%	20.0%	19.1%	20.0%	19.3%	19.5%	12.9%
Income Before Tax (EBT)	1.623B	604.000M	3.000M	610.000M	406.000M	540.000M	379.000M	560.000M	163.000M
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	1.162B	272.000M	321.000M	312.000M	257.000M	250.000M	239.000M	241.000M	256.000M
Other Income/Expense	-1.284B	-224.000M	-600.000M	-220.000M	-240.000M	-214.000M	-234.000M	-167.000M	-260.000M
Net Income	1.065B	405.000M	-49.000M	441.000M	268.000M	360.000M	261.000M	419.000M	45.000M
Income Tax Expense	300.000M	138.000M	-4.000M	78.000M	88.000M	126.000M	83.000M	94.000M	65.000M
Net Profit Margin	9.6%	9.6%	-1.3%	10.6%	7.9%	9.6%	8.2%	11.2%	1.4%
EBITDA	4.436B	1.249B	820.000M	1.289B	1.078B	1.201B	1.021B	1.235B	906.000M
EBITDA Margin	29.7%	29.7%	21.6%	31.1%	31.9%	31.9%	32.1%	33.1%	27.6%
Depreciation & Amortization	1.565B	421.000M	362.000M	367.000M	415.000M	411.000M	403.000M	434.000M	487.000M
EPS Basic	1.84	0.70	-0.08	0.76	0.46	0.62	0.45	0.73	0.08
EPS Diluted	1.84	0.70	-0.08	0.76	0.46	0.62	0.45	0.73	0.08
Shares Outstanding	578.000M	578.000M	577.000M	580.000M	577.000M	577.000M	575.500M	576.000M	575.000M
Diluted Shares Outstanding	580.000M	580.000M	578.000M	580.000M	578.000M	578.000M	576.612M	577.000M	576.000M

FE Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Gross Profit	8.265B	9.096B	8.224B	7.866B	7.687B	7.720B	7.611B	7.614B
Revenue	15.090B	13.472B	12.870B	12.459B	11.132B	10.790B	11.035B	11.261B
Cost of Goods Sold	6.825B	4.376B	4.646B	4.593B	3.445B	3.070B	3.424B	3.647B
Gross Profit Margin	54.8%	67.5%	63.9%	63.1%	69.1%	71.5%	69.0%	67.6%
Total Operating Expenses	5.432B	6.721B	5.958B	5.956B	5.961B	5.558B	5.101B	5.112B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.00	0.00	78.000M	-72.000M	-382.000M	477.000M	674.000M	144.000M
Operating Income (EBIT)	2.833B	2.375B	2.266B	1.910B	1.726B	2.162B	2.510B	2.502B
Operating Margin	18.8%	17.6%	17.6%	15.3%	15.5%	20.0%	22.7%	22.2%
Income Before Tax (EBT)	1.559B	1.504B	1.464B	1.439B	1.559B	1.129B	1.117B	1.512B
Interest Income	—	—	—	—	—	—	—	—
Interest Expense	1.140B	1.011B	1.027B	955.000M	1.064B	988.000M	962.000M	1.051B
Other Income/Expense	-1.274B	-871.000M	-802.000M	-471.000M	-167.000M	-1.033B	-1.393B	-990.000M
Net Income	1.020B	978.000M	1.102B	406.000M	1.283B	1.079B	912.000M	1.348B
Income Tax Expense	288.000M	377.000M	267.000M	1.000B	320.000M	126.000M	213.000M	490.000M
Net Profit Margin	6.8%	7.3%	8.6%	3.3%	11.5%	10.0%	8.3%	12.0%
EBITDA	4.388B	4.103B	3.952B	3.769B	4.287B	3.393B	3.299B	3.947B
EBITDA Margin	29.1%	30.5%	30.7%	30.3%	38.5%	31.4%	29.9%	35.1%
Depreciation & Amortization	1.555B	1.588B	1.461B	1.375B	1.664B	1.228B	1.217B	1.384B
EPS Basic	1.77	1.70	1.92	0.71	2.35	1.99	1.70	1.99
EPS Diluted	1.76	1.70	1.92	0.71	2.35	1.99	1.68	1.99
Shares Outstanding	577.000M	575.000M	573.000M	571.000M	545.000M	542.000M	535.000M	492.000M
Diluted Shares Outstanding	578.000M	577.000M	574.000M	572.000M	546.000M	543.000M	542.000M	494.000M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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.

Akron, OH

12,294 employees

www.firstenergycorp.com

Utilities / Regulated Electric

Sector: Utilities
Industry: Regulated Electric
CEO: Brian X. Tierney

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