Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 17.01.
Forward PE Ratio (17.01) = Close Price ($46.20) / Consensus Forward EPS ($2.73)
FORWARD PE RATIO
17.01
SECTOR MEDIAN · UTILITIES
17.79
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-4.38%
vs the sector median at left
FirstEnergy Corp.
Market Cap
$26.73B
Forward PE Ratio
17.01
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| FirstEnergy Corp. (FE) | $26.73B | 17.01 |
| Eversource Energy (ES)vs › | $26.49B | 15.39 |
| CenterPoint Energy, Inc. (CNP)vs › | $26.20B | 20.98 |
| PPL Corporation (PPL)vs › | $26.00B | 18.00 |
| Atmos Energy Corporation (ATO)vs › | $27.81B | 19.88 |
| American Water Works Company, Inc. (AWK)vs › | $27.89B | 23.08 |
| DTE Energy Company (DTE)vs › | $28.31B | 17.79 |
| NRG Energy, Inc. (NRG)vs › | $24.34B | 13.46 |
| Ameren Corporation (AEE)vs › | $29.40B | 19.80 |
| Edison International (EIX)vs › | $22.10B | 9.67 |
Trailing P/E
24.8
reported TTM EPS
Forward P/E
17.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.73 implies +45.2% EPS growth vs the reported trailing $1.88.
At today's $46.20 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 | $2.71 – $2.77 | 7 | 16.9x |
| 2027-12-31 | $2.95 | $2.93 – $2.97 | 8 | 15.7x |
| 2028-12-31 | $3.18 | $3.14 – $3.24 | 3 | 14.5x |
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
