FirstEnergy Corp. (FE) Return on Invested Capital (ROIC): 4.46%
Is FirstEnergy Corp.’s return on invested capital (ROIC) high or low?
FirstEnergy Corp.'s return on invested capital (ROIC) of 4.46% is 25% above its 5-year average of 3.56%, near the high end of its 5-year range (1.37%–4.59%).
As of Thursday, June 11, 2026. 9.85% above its 12-month average of 4.06%.
FE Return on Invested Capital (ROIC) Chart
FE Average Return on Invested Capital (ROIC) Chart
FE Current vs Average Return on Invested Capital (ROIC) Chart
FE Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
4.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.40%
CURRENT VS TTM AVG
+9.85%
CURRENT VS 3Y AVG
+31.47%
CURRENT VS 5Y AVG
+25.16%
CURRENT VS 10Y AVG
+35.15%
CURRENT VS 15Y AVG
+45.93%
CURRENT VS 20Y AVG
+31.34%
FE Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FirstEnergy Corp. (FE) | $27.00B | 4.46% | 4.06% | 3.39% | 3.56% |
| CenterPoint Energy, Inc. (CNP) | $27.83B | 3.96% | 4.05% | 3.86% | 3.63% |
| Atmos Energy Corporation (ATO) | $28.46B | 4.58% | 4.67% | 4.43% | 4.37% |
| Alliant Energy Corporation (LNT) | $19.02B | 4.12% | 4.10% | 4.40% | 4.42% |
| WEC Energy Group, Inc. (WEC) | $37.35B | 5.25% | 4.70% | 4.31% | 4.21% |
| Consolidated Edison, Inc. (ED) | $40.20B | 3.24% | 3.36% | 3.27% | 3.54% |
| Exelon Corporation (EXC) | $46.91B | 3.97% | 3.95% | 3.68% | 3.14% |
| Xcel Energy Inc. (XEL) | $48.88B | 3.77% | 3.71% | 3.95% | 3.99% |
| Entergy Corporation (ETR) | $51.04B | 3.55% | 3.37% | 3.76% | 3.53% |
| Dominion Energy, Inc. (D) | $59.01B | 3.41% | 3.13% | 2.58% | 2.44% |
Capital Efficiency
ROIC
4.5%
ROE
8.4%
FirstEnergy Corp. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FirstEnergy Corp. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for FirstEnergy Corp. (FE)?
- The return on invested capital (ROIC) for FE stock is 4.46%.
- Is FirstEnergy Corp.'s return on invested capital (ROIC) high or low?
- FirstEnergy Corp.'s return on invested capital (ROIC) of 4.46% is 25% above its 5-year average of 3.56%, near the high end of its 5-year range (1.37%–4.59%).
- What is the TTM average return on invested capital (ROIC) for FirstEnergy Corp. (FE)?
- The TTM average return on invested capital (ROIC) for FE stock is 4.06%.
- What is the 3Y average return on invested capital (ROIC) for FirstEnergy Corp. (FE)?
- The 3Y average return on invested capital (ROIC) for FE stock is 3.39%.
- What is the 5Y average return on invested capital (ROIC) for FirstEnergy Corp. (FE)?
- The 5Y average return on invested capital (ROIC) for FE stock is 3.56%.
- What is the 10Y average return on invested capital (ROIC) for FirstEnergy Corp. (FE)?
- The 10Y average return on invested capital (ROIC) for FE stock is 3.30%.
- What is the 15Y average return on invested capital (ROIC) for FirstEnergy Corp. (FE)?
- The 15Y average return on invested capital (ROIC) for FE stock is 3.06%.
- What is the 20Y average return on invested capital (ROIC) for FirstEnergy Corp. (FE)?
- The 20Y average return on invested capital (ROIC) for FE stock is 3.40%.
FirstEnergy Corp. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 4.46% |
| 2024-12-31 | 3.66% |
| 2023-12-31 | 4.08% |
| 2022-12-31 | 1.37% |
| 2021-12-31 | 3.22% |
| 2020-12-31 | 4.59% |
| 2019-12-31 | 5.23% |
| 2018-12-31 | 4.55% |
| 2017-12-31 | -1.26% |
| 2016-12-31 | 3.40% |
| 2015-12-31 | 3.00% |
| 2014-12-31 | 2.16% |
| 2013-12-31 | 2.19% |
| 2012-12-31 | 2.66% |
| 2011-12-31 | 2.29% |
| 2010-12-31 | 3.30% |
| 2009-12-31 | 4.72% |
| 2008-12-31 | 5.58% |
| 2007-12-31 | 4.59% |
| 2006-12-31 | 4.46% |
| 2005-12-31 | 3.06% |
| 2004-12-31 | 3.51% |
| 2003-12-31 | 2.72% |
| 2002-12-31 | 3.72% |
| 2001-12-31 | 2.78% |
| 2000-12-31 | 5.57% |
| 1999-12-31 | 5.32% |
| 1998-12-31 | 4.58% |
| 1997-12-31 | 3.01% |
Related Metrics
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