Firstenergy Corp (FE) Financial Statements
Industry: Electric Services
In fiscal 2025, Firstenergy reported revenue of $15.09B, up 12.0% from $13.47B the year before. Net income was $1.02B (a 6.8% net margin), or $1.76 per diluted share. Gross margin was 14.6% and operating margin was 14.6%. Operating activities generated $3.70B of cash, leaving -$1.00B of free cash flow. At fiscal year end, Firstenergy held $55.90B in total assets against $41.98B in total liabilities, including $57.0M of cash and equivalents.
Open the full interactive Firstenergy financials → Quarterly statements, key ratios, valuation history and price charts.
Firstenergy Key Stats
| Share Price | $45.21 |
|---|---|
| Market Cap | $26.18B |
| P/E Ratio | 25.7 |
| Revenue YoY Growth | +12.0% |
| 52-Week Range | $42.74 – $50.88 |
| Shares Outstanding | 578.0 million (basic, 2026 Q2) |
Firstenergy Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $10.79B | $11.13B | $12.46B | $12.87B | $13.47B | $15.09B |
| Cost of Goods Sold | $8.63B | $9.41B | $10.55B | $10.60B | $11.10B | $12.88B |
| Gross Profit | $2.16B | $1.73B | $1.91B | $2.27B | $2.38B | $2.21B |
| Operating Income | $2.16B | $1.73B | $1.91B | $2.27B | $2.38B | $2.21B |
| Pre-Tax Income | $1.13B | $1.56B | $1.44B | $1.46B | $1.50B | $1.56B |
| Income Tax | $126.0M | $320.0M | $1.00B | $267.0M | $377.0M | $288.0M |
| Net Income | $1.08B | $1.28B | $406.0M | $1.10B | $978.0M | $1.02B |
| Diluted EPS | $1.99 | $2.35 | $0.71 | $1.92 | $1.70 | $1.76 |
Firstenergy Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $4.15B | $3.80B | $4.20B | $3.68B |
| Net Income | $441.0M | -$49.0M | $405.0M | $288.0M |
| Diluted EPS | $0.76 | -$0.08 | $0.70 | $0.50 |
Firstenergy Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.73B | $1.46B | $160.0M | $137.0M | $111.0M | $57.0M |
| Current Assets | $3.71B | $3.24B | $2.42B | $2.57B | $2.78B | $2.98B |
| Total Assets | $44.46B | $45.43B | $46.11B | $48.77B | $52.04B | $55.90B |
| Current Liabilities | $5.00B | $4.42B | $3.96B | $5.39B | $5.00B | $5.27B |
| Total Long-Term Debt | $22.28B | $23.85B | $21.55B | $24.14B | $23.47B | $26.23B |
| Total Liabilities | $37.23B | $36.76B | $35.94B | $37.85B | $38.32B | $41.98B |
| Shareholders' Equity | $7.24B | $8.68B | $10.17B | $10.44B | $12.46B | $12.51B |
Firstenergy Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.42B | $2.81B | $2.68B | $1.39B | $2.89B | $3.70B |
| Cash From Investing | -$2.91B | -$2.56B | -$3.08B | -$3.65B | -$4.35B | -$5.07B |
| Cash From Financing | $2.61B | -$542.0M | -$912.0M | $2.24B | $1.43B | $1.31B |
| Free Cash Flow | -$1.23B | $366.0M | -$73.0M | -$1.97B | -$1.14B | -$1.00B |
Figures from Firstenergy's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Firstenergy financials page for every line item.
Firstenergy Company Profile
| Ticker | FE |
|---|---|
| Exchange | NYSE |
| Industry | Electric Services |
| Headquarters | Akron, Ohio |
| Incorporated in | Ohio |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001031296 |
Frequently Asked Questions
What was Firstenergy's revenue in fiscal 2025?
Firstenergy (FE) reported revenue of $15.09B for fiscal 2025.
What is Firstenergy's annual revenue history?
Firstenergy's annual revenue by fiscal year: 2020: $10.79B; 2021: $11.13B; 2022: $12.46B; 2023: $12.87B; 2024: $13.47B; 2025: $15.09B.
What was Firstenergy's net income in fiscal 2025?
Firstenergy reported net income of $1.02B for fiscal 2025.
What was Firstenergy's earnings per share (EPS) in fiscal 2025?
Firstenergy's diluted EPS was $1.76 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Firstenergy generate in fiscal 2025?
Firstenergy generated -$1.00B of free cash flow in fiscal 2025.
What was Firstenergy's revenue last quarter?
In its most recent reported quarter (2026 Q2), Firstenergy reported revenue of $3.68B.
How much debt does Firstenergy have?
Firstenergy reported $26.23B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Firstenergy are outstanding?
Firstenergy reported a weighted average of 578.0 million basic shares outstanding in 2026 Q2.
What is Firstenergy's market cap?
Based on its latest closing price, Firstenergy (FE) has a market capitalization of about $26.18B.
When does Firstenergy's fiscal year end?
Firstenergy's fiscal year end, as registered with the SEC, is December 31.
Where is Firstenergy headquartered?
Firstenergy lists its business address in Akron, Ohio in its SEC filings.