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FirstEnergy Corp. (FE)
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FirstEnergy Corp. (FE) Operating Margin: 18.72%

Is FirstEnergy Corp.’s operating margin high or low?

FirstEnergy Corp.'s operating margin of 18.72% is in line with its 5-year average of 17.48%, near the high end of its 5-year range (15.33%–20.04%).

The operating margin for FirstEnergy Corp. (FE) is 18.72% as of Thursday, June 11, 2026. It is above its 12-month average by 2.86% (18.20%).

FE Operating Margin Chart

FE Operating Margin
18.77%+6.47% 1Y
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FE Average Operating Margin Chart

FE Current vs Average Operating Margin Chart

FE Operating Margin Metrics

OPERATING MARGIN

18.72%

OPERATING MARGIN AVG TTM

18.20%

OPERATING MARGIN AVG 3Y

17.33%

OPERATING MARGIN AVG 5Y

17.48%

OPERATING MARGIN AVG 10Y

17.87%

OPERATING MARGIN AVG 15Y

15.72%

OPERATING MARGIN AVG 20Y

16.02%

CURRENT VS TTM AVG

+2.86%

CURRENT VS 3Y AVG

+7.99%

CURRENT VS 5Y AVG

+7.09%

CURRENT VS 10Y AVG

+4.78%

CURRENT VS 15Y AVG

+19.08%

CURRENT VS 20Y AVG

+16.89%

FE Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
FirstEnergy Corp. (FE)$26.86B18.72%18.20%17.33%17.48%
Atmos Energy Corporation (ATO)$28.46B35.87%32.86%28.15%28.06%
Alliant Energy Corporation (LNT)$19.02B23.01%22.88%22.81%22.43%
WEC Energy Group, Inc. (WEC)$37.14B23.97%24.63%22.69%22.49%
Consolidated Edison, Inc. (ED)$40.20B17.33%17.62%16.92%18.31%
Exelon Corporation (EXC)$46.67B21.03%19.98%18.97%16.56%
Xcel Energy Inc. (XEL)$48.76B19.85%18.69%17.68%17.58%
Entergy Corporation (ETR)$51.04B22.57%22.95%20.59%19.26%
Dominion Energy, Inc. (D)$58.73B26.35%24.60%20.82%19.21%
Sempra (SRE)$59.53B25.03%22.79%21.92%22.52%

Operating Efficiency

Gross Margin

53.8%

Operating Margin

18.7%

FirstEnergy Corp. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

FirstEnergy Corp. Operating Margin FAQ

What is the operating margin for FirstEnergy Corp. (FE)?
The operating margin for FE stock is 18.72%.
Is FirstEnergy Corp.'s operating margin high or low?
FirstEnergy Corp.'s operating margin of 18.72% is in line with its 5-year average of 17.48%, near the high end of its 5-year range (15.33%–20.04%).
What is the TTM average operating margin for FirstEnergy Corp. (FE)?
The TTM average operating margin for FE stock is 18.20%.
What is the 3Y average operating margin for FirstEnergy Corp. (FE)?
The 3Y average operating margin for FE stock is 17.33%.
What is the 5Y average operating margin for FirstEnergy Corp. (FE)?
The 5Y average operating margin for FE stock is 17.48%.
What is the 10Y average operating margin for FirstEnergy Corp. (FE)?
The 10Y average operating margin for FE stock is 17.87%.
What is the 15Y average operating margin for FirstEnergy Corp. (FE)?
The 15Y average operating margin for FE stock is 15.72%.
What is the 20Y average operating margin for FirstEnergy Corp. (FE)?
The 20Y average operating margin for FE stock is 16.02%.

FirstEnergy Corp. Operating Margin History

DATEOPERATING MARGIN
2025-12-3118.77%
2024-12-3117.63%
2023-12-3117.61%
2022-12-3115.33%
2021-12-3115.50%
2020-12-3120.04%
2019-12-3122.75%
2018-12-3122.22%
2017-12-3117.32%
2016-12-3114.11%
2015-12-3115.25%
2014-12-317.06%
2013-12-3110.61%
2012-12-3113.94%
2011-12-3110.31%
2010-12-3113.07%
2009-12-3114.49%
2008-12-3120.25%
2007-12-3117.90%
2006-12-3118.31%
2005-12-3113.86%
2004-12-3114.39%
2003-12-3113.33%
2002-12-3117.20%
2001-12-3121.07%
2000-12-3121.41%
1999-12-3124.29%
1998-12-3122.97%
1997-12-3129.16%

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