FirstEnergy Corp. (FE) Interest Coverage Ratio: 2.49x
The interest coverage ratio for FirstEnergy Corp. (FE) is 2.49x as of Sunday, June 14, 2026.
FE Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
2.49x
FE Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FirstEnergy Corp. (FE) | $27.20B | 2.49x | N/A | N/A | N/A |
| CenterPoint Energy, Inc. (CNP) | $28.06B | 2.34x | 2.35x | 2.55x | 2.46x |
| Atmos Energy Corporation (ATO) | $28.37B | 9.09x | 8.10x | 8.23x | 8.92x |
| CMS Energy Corporation (CMS) | $22.73B | 2.19x | 2.15x | 2.14x | 2.22x |
| Alliant Energy Corporation (LNT) | $18.88B | 2.00x | 1.98x | 2.30x | 2.43x |
| WEC Energy Group, Inc. (WEC) | $36.95B | 2.65x | 2.65x | 2.91x | 3.13x |
| Consolidated Edison, Inc. (ED) | $39.71B | 2.38x | 2.34x | 2.42x | 2.56x |
| Public Service Enterprise Group Incorporated (PEG) | $39.72B | 2.97x | 2.88x | 3.40x | 3.60x |
| Exelon Corporation (EXC) | $47.28B | 2.42x | 2.34x | 2.33x | 2.19x |
| Xcel Energy Inc. (XEL) | $49.45B | 2.14x | 2.08x | 2.31x | 2.43x |
Financial Health Indicators
Interest Coverage
2.5x
Debt/Equity
2.16
Current Ratio
0.57
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
FirstEnergy Corp. Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FirstEnergy Corp. Interest Coverage Ratio FAQ
- What is the interest coverage ratio for FirstEnergy Corp. (FE)?
- The interest coverage ratio for FE stock is 2.49x.
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