Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 18.26 as of Sunday, July 26, 2026.
Forward PE Ratio (18.26) = Close Price ($49.92) / Consensus Forward EPS ($2.73)
FORWARD PE RATIO
18.26
SECTOR MEDIAN · UTILITIES
19.32
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
-5.46%
vs the sector median at left
FirstEnergy Corp.
Market Cap
$28.87B
Forward PE Ratio
18.26
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| FirstEnergy Corp. (FE) | $28.87B | 18.26 |
| CenterPoint Energy, Inc. (CNP)vs › | $29.15B | 23.34 |
| Eversource Energy (ES)vs › | $28.17B | 16.10 |
| NRG Energy, Inc. (NRG)vs › | $29.76B | N/A |
| Atmos Energy Corporation (ATO)vs › | $29.92B | 21.25 |
| PPL Corporation (PPL)vs › | $27.25B | 18.57 |
| Edison International (EIX)vs › | $30.69B | 13.02 |
| DTE Energy Company (DTE)vs › | $31.09B | 19.37 |
| American Water Works Company, Inc. (AWK)vs › | $26.30B | 22.16 |
| Ameren Corporation (AEE)vs › | $31.49B | 21.14 |
Trailing P/E
27.2
reported TTM EPS
Forward P/E
18.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.73 implies +48.4% EPS growth vs the reported trailing $1.84.
At today's $49.92 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $2.73 | $2.69 – $2.75 | 9 | 18.3x |
| 2027-12-31 | $2.95 | $2.92 – $2.97 | 9 | 16.9x |
| 2028-12-31 | $3.18 | $3.15 – $3.19 | 4 | 15.7x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
